证券代码：300031 证券简称：宝通科技 公告编号：2025-052 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 的进展公告 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。 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、钟春龙先生签署了《嘉兴迎瑞创业投资 合伙企业（有限合伙）合伙协议》，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%。具体内容详见公司于 2025 年 11 月 11 日在巨潮资讯网（www.cninfo.com.cn）上披露的《关于全资子公司与专 业投资机构共同投资的公告》（2025-051）。 二、对外投资进展 1、 ...

Group 1 - The core viewpoint of the article is that Baotong Technology clarified its non-involvement in the establishment of the Ningbo Chentao Smart Driving Equity Investment Fund Partnership (Limited Partnership) in response to investor inquiries [1] Group 2 - The company emphasized the importance of investors being aware of investment risks [1]

Group 1 - The company is actively exploring micro motors and is engaged in related product research and testing, indicating ongoing development efforts [1] - The company acknowledges that these initiatives carry a certain level of uncertainty, advising investors to be mindful of investment risks [1]

Core Viewpoint - Baotong Technology (300031) has formed a specialized team for intelligent robots to conduct secondary development, successfully exploring the collaborative application of robots in conveying systems [1] Group 1: Company Developments - The company has successfully developed quadruped and biped robots through secondary development, which have already secured orders from BHP [1] - Ongoing collaboration with Yushu is in progress, indicating potential future partnerships and projects [1] Group 2: Investor Communication - The company has engaged with investors through an interactive platform, addressing inquiries and providing updates on its technological advancements and partnerships [1] - Investors are advised to remain cautious regarding investment risks associated with the company's ongoing projects [1]

Group 1 - The company, Baotong Technology, confirmed that it did not participate in the establishment of the Ningbo Chentao Intelligent Driving Equity Investment Fund Partnership (Limited Partnership) [2] - The company advised investors to be cautious and aware of investment risks [2]

Group 1 - The company has established a specialized team for intelligent robots to conduct secondary development [1] - Successful exploration of collaborative applications of robots in conveying systems has been achieved [1] - The quadruped and biped robots developed through secondary development have secured orders from BHP [1] Group 2 - Ongoing progress is being made regarding matters related to Yushu [1]

Core Viewpoint - The company has established a specialized team for intelligent robots to conduct secondary development, successfully exploring the collaborative application of robots in conveying systems [1] Group 1 - The company has successfully developed quadruped and biped robots through secondary development [1] - The company has received orders from BHP after the secondary development of its robots [1] - The company is continuously advancing related matters with Yushu [1]

Group 1 - The core viewpoint of the article is that Baotong Technology (300031.SZ) currently does not have applications for its robotics business in the military sector, but will continue to monitor market opportunities and disclose any relevant business expansions in accordance with regulations [1]

Summary of Baotong Technology Conference Call Company Overview - **Company**: Baotong Technology - **Date**: November 25, 2025 Key Points Financial Performance - **Revenue**: In the first three quarters, revenue reached 1.645 billion CNY, a year-on-year increase of 9.24% [2][3] - **Net Profit**: Net profit decreased by 12% to 209 million CNY [2][3] - **Q3 Performance**: Q3 revenue was 850 million CNY, up 16% year-on-year, with net profit exceeding 69 million CNY, a 47% increase [3] Business Segments - **Industrial Sector**: Revenue was 525 million CNY in Q3, slightly impacted by inventory impairment and initial operational challenges at the Thailand factory [4] - **Mobile Gaming**: Revenue from mobile gaming was 325 million CNY in Q3, with net profit from subsidiaries exceeding 70 million CNY [4][6] - **Game Performance**: The self-developed game "Project Third" generated 175 million CNY in revenue in the first three quarters, performing well in the European and American markets [6] Robotics and Automation - **Inspection Robots**: Rapid expansion in overseas markets, particularly with BHP, where a single robot sells for approximately 200,000 USD, with higher profit margins than domestic sales [4][6] - **Pilot Projects**: Ongoing trials in domestic mines and steel plants to address hazardous environment detection [9] Thailand Factory - **Operational Status**: The Thailand factory has passed inspections from major Australian clients and is expected to significantly contribute to revenue by 2026, offsetting domestic market pressures [5][14] - **Production Capacity**: The factory's annual capacity is 10 million square meters, expanding overall capacity by 25% to 30% [14] Future Developments - **Investment in Technology**: Continued investment in integrated smart hardware and software services to enhance operational efficiency [9] - **New Product Launches**: Upcoming releases include "Fate: The Holy Contract" in Japan and "Saint Seiya" in Europe, with expectations for stable performance [19] Market Strategy - **Game Localization**: Tailored strategies for different cultural markets in Europe, including localized adaptations for various countries [17] - **Sales Expenses**: Sales expenses increased by nearly 50% due to significant promotional investments for the game "Athena" in Europe [20] AI Integration - **AI Applications**: Utilization of AI for cost reduction and efficiency improvements in game development, including content generation for text-based adventure games [21] Challenges and Risks - **Market Competition**: Intense competition in the domestic market affecting profit margins, particularly in the industrial internet sector [13][15] Conclusion - Baotong Technology is focusing on expanding its international presence, particularly in robotics and gaming, while addressing challenges in the domestic market through strategic investments and product innovations. The Thailand factory is poised to play a crucial role in future revenue growth.

Company Overview - Baotong Technology Co., Ltd. is located in Wuxi, Jiangsu Province, established on December 27, 2000, and listed on December 25, 2009. The company focuses on industrial internet services and mobile internet, with main business revenue composition: mobile game products 43.69%, intelligent conveying digital products 43.44%, and intelligent conveying system services 12.87% [1]. Stock Performance - As of November 24, Baotong Technology's stock price increased by 2.10%, reaching 21.90 CNY per share, with a trading volume of 88.63 million CNY and a turnover rate of 1.16%, resulting in a total market capitalization of 9.17 billion CNY [1]. - Year-to-date, Baotong Technology's stock price has risen by 20.20%, but it has seen declines of 2.49% over the last five trading days, 3.78% over the last twenty days, and 18.37% over the last sixty days [1]. Financial Performance - For the period from January to September 2025, Baotong Technology reported revenue of 2.46 billion CNY, a year-on-year increase of 0.37%, while the net profit attributable to shareholders decreased by 12.16% to 209 million CNY [2]. Shareholder Information - As of September 30, 2025, Baotong Technology had 57,000 shareholders, a decrease of 8.91% from the previous period, with an average of 6,171 circulating shares per shareholder, an increase of 9.78% [2]. - The company has distributed a total of 549 million CNY in dividends since its A-share listing, with 66.63 million CNY distributed over the last three years [3]. Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders include Huaxia CSI Animation Game ETF as the second-largest shareholder with 9.63 million shares, an increase of 1.64 million shares from the previous period. Other notable shareholders include Hong Kong Central Clearing Limited and Southern CSI 1000 ETF, with varying changes in their holdings [3].