Core Viewpoint - Baotong Technology's stock experienced a slight decline of 0.53% on November 11, with a trading volume of 144 million yuan, indicating a low level of financing and margin trading activity [1][2]. Financing Summary - On November 11, Baotong Technology had a financing purchase amount of 16.54 million yuan and a financing repayment of 14.16 million yuan, resulting in a net financing purchase of 2.38 million yuan [1]. - The total financing and margin trading balance reached 728 million yuan, with the financing balance accounting for 7.64% of the circulating market value, which is below the 30th percentile level over the past year, indicating a low position [1]. - The margin trading data showed no shares were sold or repaid on November 11, with a remaining margin of 62,500 shares and a margin balance of 1.42 million yuan, also below the 30th percentile level over the past year [1]. Business Performance - As of September 30, Baotong Technology reported a total of 57,000 shareholders, a decrease of 8.91% from the previous period, while the average circulating shares per person increased by 9.78% to 6,171 shares [2]. - For the period from January to September 2025, the company achieved a revenue of 2.457 billion yuan, reflecting a year-on-year growth of 0.37%, while the net profit attributable to shareholders decreased by 12.16% to 209 million yuan [2]. Dividend and Shareholding Structure - Since its A-share listing, Baotong Technology has distributed a total of 549 million yuan in dividends, with 66.63 million yuan distributed over the past three years [3]. - As of September 30, 2025, the top ten circulating shareholders included notable increases in holdings by Huaxia CSI Animation Game ETF and Hong Kong Central Clearing Limited, while some other funds saw a decrease or were newly entered [3].

格隆汇11月11日丨宝通科技(300031.SZ)公布，为有效整合资本市场资源，充分发挥专业投资机构优 势，进行战略性布局及推动主营业务发展与升级，切实推进公司整体战略发展规划实施，无锡宝通科技 股份有限公司全资子公司海南元宇宙科技有限公司（简称"海南元宇宙"）与上海辰韬资产管理有限公司 （简称"辰韬资本"）、重庆分享投资有限公司（简称"重庆分享投资"）、自然人林新正先生、梁亮先 生、钟春龙先生共同投资嘉兴迎瑞创业投资合伙企业（有限合伙）（简称"合伙企业"或"产业基金"）。 产业基金总认缴出资额为人民币6,380万元，其中，海南元宇宙作为有限合伙人以自有资金认缴出资人 民币3,000万元，占合伙企业认缴出资比例的47.02%。 ...

Core Viewpoint - Baotong Technology (300031.SZ) is strategically investing in a partnership to enhance its business development and upgrade its main operations through effective capital market resource integration [1] Group 1: Investment Details - Baotong Technology's wholly-owned subsidiary, Hainan Metaverse Technology Co., Ltd., is collaborating with multiple partners, including Shanghai Chentao Asset Management Co., Ltd., Chongqing Share Investment Co., Ltd., and individual investors, to invest in Jiaxing Yingrui Venture Capital Partnership (Limited Partnership) [1] - The total subscribed capital of the industry fund is RMB 63.8 million, with Hainan Metaverse contributing RMB 30 million, representing 47.02% of the total subscribed capital [1]

宝通科技（300031）(300031.SZ)发布公告，为有效整合资本市场资源，充分发挥专业投资机构优势， 进行战略性布局及推动主营业务发展与升级，切实推进公司整体战略发展规划实施，公司全资子公司海 南元宇宙科技有限公司(以下简称"海南元宇宙")与上海辰韬资产管理有限公司(以下简称"辰韬资本")、 重庆分享投资有限公司(以下简称"重庆分享投资")、自然人林新正先生、梁亮先生、钟春龙先生共同投 资嘉兴迎瑞创业投资合伙企业(有限合伙)(以下简称"合伙企业"或"产业基金")。产业基金总认缴出资额 为人民币6,380万元，其中，海南元宇宙作为有限合伙人以自有资金认缴出资人民币3,000万元，占合伙 企业认缴出资比例的47.02%。 ...

证券代码：300031 证券简称：宝通科技 公告编号：2025-051 无锡宝通科技股份有限公司 关于全资子公司与专业投资机构共同投资的公告 本公司及其董事会全体人员保证公告内容真实、准确和完整，公告不存在 虚假记载、误导性陈述或者重大遗漏。 一、对外投资概述 1、为有效整合资本市场资源，充分发挥专业投资机构优势，进行战略性布 局及推动主营业务发展与升级，切实推进公司整体战略发展规划实施，无锡宝通 科技股份有限公司（以下简称"公司"或"宝通科技"）全资子公司海南元宇宙 科技有限公司（以下简称"海南元宇宙"）与上海辰韬资产管理有限公司（以下 简称"辰韬资本"）、重庆分享投资有限公司（以下简称"重庆分享投资"）、 自然人林新正先生、梁亮先生、钟春龙先生共同投资嘉兴迎瑞创业投资合伙企业 （有限合伙）（以下简称"合伙企业"或"产业基金"）。产业基金总认缴出资 额为人民币 6,380 万元，其中，海南元宇宙作为有限合伙人以自有资金认缴出资 人民币 3,000 万元，占合伙企业认缴出资比例的 47.02%。 2、根据《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公 司自律监管指引第 7 号—交易与关联交易》及《 ...

Group 1: Company Strategy and Future Plans - The company is focused on global expansion, particularly in mature markets like Japan, South Korea, and Southeast Asia, while not completely excluding the domestic market [2] - The establishment of the subsidiary Talys in May 2025 aims to enhance the robotics ecosystem by integrating upstream core components with downstream applications [5][6] - The company is actively exploring micro-motors for robotics applications, with ongoing product development and testing [5][6] Group 2: Financial and Market Performance - The company emphasizes the importance of market value management and shareholder returns, focusing on stability in its main operations to navigate market fluctuations [6] - The new game "ATHENA: Blood Twins" has received positive feedback, achieving top rankings in free charts across multiple regions upon launch [4] - The Thai manufacturing base for digital conveyor belts has officially commenced production, with a target output of 10 million square meters annually [5] Group 3: Investor Relations and Risk Management - The company has reiterated that any acquisition or restructuring plans will be disclosed in accordance with regulatory requirements, urging investors to remain aware of investment risks [1][3] - The company is cautious about revealing specific financial details related to contracts due to confidentiality agreements [2] - Ongoing developments in the robotics sector are subject to uncertainties, and the company advises investors to stay informed through official communications [3][5]

Group 1 - The core point of the article highlights the recent stock performance and financial metrics of Baotong Technology, indicating a decline in stock price and mixed financial results [1][2] - As of November 5, Baotong Technology's stock price was 22.93 yuan per share, with a market capitalization of 9.602 billion yuan, and a year-to-date stock price increase of 25.85% [1] - The company has experienced a net outflow of main funds amounting to 6.6817 million yuan, with significant trading activity reflected in the buying and selling of large orders [1] Group 2 - For the period from January to September 2025, Baotong Technology reported revenue of 2.457 billion yuan, a year-on-year increase of 0.37%, while net profit attributable to shareholders decreased by 12.16% to 209 million yuan [2] - The company has distributed a total of 549 million yuan in dividends since its A-share listing, with 66.626 million yuan distributed over the past three years [3] - As of September 30, 2025, the number of shareholders decreased by 8.91% to 57,000, while the average number of circulating shares per person increased by 9.78% to 6,171 shares [2][3]

Core Viewpoint - Baotong Technology is a leading enterprise in the domestic industrial internet and mobile internet sectors, with strong technical capabilities and market competitiveness in intelligent material handling and game development [1] Group 1: Business Performance - For Q3 2025, Baotong Technology reported revenue of 2.457 billion yuan, ranking 9th among 26 companies in the industry, while the industry leader, ST Huatuo, had revenue of 27.223 billion yuan [2] - The company's net profit for the same period was 221 million yuan, placing it 13th in the industry, with the top performer, ST Huatuo, achieving a net profit of 4.442 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Baotong Technology's asset-liability ratio was 31.27%, higher than the previous year's 29.96% and above the industry average of 29.04% [3] - The company's gross profit margin was 38.51%, down from 40.65% year-on-year and below the industry average of 58.35% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 8.91% to 57,000, while the average number of circulating A-shares held per shareholder increased by 9.78% to 6,171.44 [5] - Notable changes among the top ten circulating shareholders include an increase in holdings by Huaxia CSI Animation Game ETF and Hong Kong Central Clearing Limited [5] Group 4: Future Outlook - Huatai Securities noted that despite a decline in performance in the first half of 2025, Baotong Technology has a rich game pipeline set to launch, which is expected to boost future performance [6] - The company has launched 8 new games in the first half of 2025, bringing the total to 48 games, with a user base of 231 million and 7.89 million active users [6] - The company is also advancing its robotics business, establishing partnerships with several robotics firms and focusing on AI and industrial applications [6]

出席本次年度网上集体接待日的人员有：董事/财务负责人周庆先生、董事 会秘书仰凯锋先生；如有特殊情况，参会人员可能进行调整，具体以当天实际出 席人员为准。 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参与 本次互动交流，活动时间为 2025 年 11 月 4 日（星期二，15:30-17:00）。 届时公司高管将在线就公司 2024 年至 2025 三季度业绩、公司治理、发展战 略、经营状况、融资计划、股权激励和可持续发展等投资者关心的问题，与投资 者进行沟通与交流，欢迎广大投资者踊跃参与！ 证券代码：300031 证券简称：宝通科技 公告编号：2025-050 无锡宝通科技股份有限公司 关于参加 2025 无锡上市公司投资者集体接待日 活动的公告 本公司及其董事会全体人员保证公告内容真实、准确和完整，公告不存在 虚假记载、误导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流，无锡宝通科技股份有限公司（以下简称 "公司"）将参加"2025 无锡上市公司投资者集体接待日"活动，现将相关事项 公告如下： ...

Core Viewpoint - The company Baotong Technology (300031.SZ) announced a total asset impairment provision of 26,482,495.13 yuan for the first three quarters of 2025, significantly impacting its profit for the period [1] Summary by Category Asset Impairment - The total asset impairment provision includes: - Bad debt loss on notes receivable: 14,944,343.45 yuan - Inventory write-down loss: 9,889,523.21 yuan - Contract asset impairment loss: 1,007,710.75 yuan - Reversal of bad debt loss on accounts receivable: 162,917.22 yuan - Bad debt loss on other receivables: 478,000.50 yuan [1] Financial Impact - The total impairment provision has been accounted for in the third quarter of 2025, resulting in a reduction of the company's total profit by 26,482,495.13 yuan for that period [1]