Group 1 - The company, Kexin Technology, is focusing on the latest industry developments and market demands to enhance its technological reserves and seize market opportunities [2]

证券代码：300565 证券简称：科信技术 公告编号：2025-047 深圳市科信通信技术股份有限公司 关于使用部分闲置募集资金进行现金管理到期赎回的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 截至本公告日，公司已赎回上述理财产品 5,000.00 万元，获得理财收益 374,328.23 元，上述本金及收益已归还至公司募集资金账户。公司使用向特定对 象发行股票暂时闲置募集资金进行现金管理的余额为人民币 0 元，未超出公司董 事会决议授权的额度和期限。 二、前十二个月内使用部分闲置募集资金进行现金管理的主要情况 截至本公告披露日，公司前十二个月内使用部分闲置募集资金进行现金管理 | 序号 | 投资 | 受托人名 | 产品名称 | 产品金额 | 起始日 | 到期日 | 实际收益 | 是否到 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 主体 | 称 | | (万元) | | | （元） | 期赎回 | | 1 | 科信 技术 | 交通银行 深圳分行 | 交通银行结 构性存款 ...

Core Viewpoint - The company, Kexin Technology (300565.SZ), has stated that it is currently not involved in the satellite communication technology sector [1] Company Summary - Kexin Technology has clarified its position regarding satellite communication, indicating no current engagement in this field [1]

Core Insights - The company reported a significant increase in total revenue and a reduction in net loss for the first half of 2025, indicating improved financial performance [1][2] - The gross margin and net margin showed substantial year-on-year growth, reflecting enhanced profitability despite ongoing losses [1][2] Financial Performance - Total revenue reached 304 million yuan, up 51.08% year-on-year, driven by an increase in sales orders [1][2] - The net profit attributable to shareholders was -43.13 million yuan, a 52.27% improvement compared to the previous year [1][2] - In Q2 alone, total revenue was 161 million yuan, marking a 22.43% increase year-on-year, while the net profit attributable to shareholders was -21.81 million yuan, up 48.41% year-on-year [1] Profitability Metrics - Gross margin improved to 20.76%, with a year-on-year increase of 59.97%, while the net margin was -14.83%, reflecting a 68.22% increase year-on-year [1] - Total selling, administrative, and financial expenses amounted to 75.12 million yuan, accounting for 24.71% of revenue, a decrease of 39.41% year-on-year [1] Cash Flow Analysis - Operating cash flow per share was -0.12 yuan, but showed a significant year-on-year increase of 75.49% [1] - The net cash flow from operating activities increased by 75.49%, attributed to improved collection of receivables [2] Investment and Financing Activities - The net cash flow from investment activities surged by 151.53%, due to reduced cash management [2] - However, the net cash flow from financing activities decreased by 110.47%, influenced by previous year's stock issuance [3] Historical Performance and Risks - The company's historical return on invested capital (ROIC) has been low, with a median of 3.72% since its listing, and a particularly poor ROIC of -15.55% in 2023 [3][4] - The company has experienced five years of losses out of eight since its IPO, indicating potential long-term financial instability [4] - Concerns regarding cash flow and debt levels are highlighted, with a current ratio of cash to current liabilities at only 34.55% [4]

Core Insights - The company Kexin Technology (SZ 300565) reported a significant increase in revenue for the first half of 2025, amounting to approximately 304 million yuan, which represents a year-on-year growth of 51.08% [2] - Despite the revenue growth, the company experienced a net loss attributable to shareholders of approximately 43.13 million yuan, with a basic earnings per share loss of 0.17 yuan [2] - In comparison, for the same period in 2024, the company reported revenue of approximately 201 million yuan and a net loss of about 90.36 million yuan, with a basic earnings per share loss of 0.36 yuan [2]

Group 1 - The company, Kexin Technology, announced its fifth board meeting for 2025, held on August 20, 2025, in Shenzhen, where it reviewed the semi-annual report and related documents [1] - For the first half of 2025, Kexin Technology reported that its revenue was entirely derived from the manufacturing of communication network physical connection equipment, accounting for 100.0% of its revenue [1] - As of the report, Kexin Technology has a market capitalization of 3.3 billion yuan [1]

Core Viewpoint - Kexin Technology (300565.SZ) reported a significant increase in revenue for the first half of 2025, but also faced substantial net losses [1] Financial Performance - The company achieved operating revenue of 304 million yuan, representing a year-on-year growth of 51.08% [1] - The net profit attributable to shareholders was a loss of 43.13 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of 43.91 million yuan [1] - The basic earnings per share were reported at -0.17 yuan [1]

深圳市科信通信技术股份有限公司 内幕信息知情人登记制度 二〇二五年八月 | | | 深圳市科信通信技术股份有限公司 内幕信息知情人登记制度 第一章 总 则 第一条 为规范深圳市科信通信技术股份有限公司（以下简称"公司"）内 幕信息管理，加强内幕信息保密工作，维护公司信息披露的公开、公平、公正原 则，保护广大投资者的合法权益，根据《中华人民共和国公司法》（以下简称"《公 司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《上市 公司信息披露管理办法》《上市公司监管指引第 5 号——上市公司内幕信息知情 人登记管理制度》《上市公司治理准则》等有关法律、法规及《深圳市科信通信 技术股份有限公司章程》（以下简称"《公司章程》"）的有关规定，制定本制 度。 第二条 公司董事会应当按照本制度以及证券交易所相关规则要求及时登记 和报送内幕信息知情人档案，并保证内幕信息知情人档案的真实、准确、完整， 董事长为主要责任人。董事会秘书负责办理公司内幕信息知情人的登记入档和报 送事宜。董事长与董事会秘书应当对内幕信息知情人档案的真实、准确和完整签 署书面确认意见。 第三条 未经董事会批准同意，公司任何部门和个人不得向 ...

深圳市科信通信技术股份有限公司 防范大股东及关联方占用上市公司资金管 理制度 二〇二五年八月 第三条 本制度所称资金占用包括但不限于： （一）经营性资金占用是指大股东、实际控制人及关联方通过采购、销 售等生产经营环节的关联交易产生的资金占用； （二）非经营性资金占用是指代大股东、实际控制人及关联方垫付工资、 福利、保险、广告等费用和其他支出，代大股东、实际控制人及 关联方偿还债务而支付资金，有偿或无偿直接或间接拆借给大股 东、实际控制人及关联方资金，为大股东、实际控制人及关联方 深圳市科信通信技术股份有限公司 防范大股东及关联方占用上市公司资金管理制度 承担担保责任而形成债权，其他在没有商品和劳务提供情况下给 大股东、实际控制人及关联方使用资金。 | | | 深圳市科信通信技术股份有限公司 防范大股东及关联方占用上市公司资金管理制度 第一章 总 则 本制度所称"关联方"，是指根据《上市规则》及财政部发布的《企业 会计准则第 36 号—关联方披露》所界定的关联方，即一方控制、共同 控制另一方或对另一方施加重大影响，以及两方或两方以上同受一方控 制、共同控制或重大影响的，构成关联方。 2 第一条 为防范深圳市科信 ...

深圳市科信通信技术股份有限公司 对外投资管理制度 二〇二五年八月 | | | 深圳市科信通信技术股份有限公司 对外投资管理制度 第一章 总 则 第二章 对外投资的决策权限及程序 第五条 公司股东会、董事会、总经理办公会议为公司对外投资的决策机构，各 自在其权限范围内，按照《公司法》《证券法》《上市规则》等相关法 2 第一条 为规范深圳市科信通信技术股份有限公司（以下简称"公司"）的对外投 资行为，控制投资风险，提高公司资金运作效率，实现投资决策的制度 化、规范化、科学化，保障公司资金运营的安全，根据《中华人民共和 国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简 称"《证券法》"）、《深圳证券交易所创业板股票上市规则》（以下简称"《上 市规则》"）、《深圳证券交易所上市公司自律监管指引第2号——创业板 上市公司规范运作》等法律法规、规范性文件及《深圳市科信通信技术 股份有限公司章程》（以下简称"《公司章程》"）的规定，结合公司实际 情况，制定本制度。 第二条 本制度所称的对外投资是指公司以获取收益为目的而将货币资金、实物 或无形资产等作价出资，对外进行的各种形式的投资活动。 第三条 公司 ...