不提前赎回"思特转债"的核查意见 财信证券股份有限公司（以下简称"财信证券""保荐机构"）作为北京 思特奇信息技术股份有限公司（以下简称"思特奇""公司"）的持续督导保 荐机构，根据《证券发行上市保荐业务管理办法》《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》《深圳证券交易所上市公 司自律监管指引第 15 号——可转换公司债券》等有关规定，对思特奇不提前赎 回"思特转债"事项进行了核查，核查情况如下： 财信证券股份有限公司 关于北京思特奇信息技术股份有限公司 一、 "思特转债"基本情况 根据《募集说明书》以及中国证监会关于可转换公司债券的有关规定，公 司向特定对象发行人民币普通股（A股）75,492,374股，思特转债转股价格调整 为9.90元/股，自2023年1月5日起生效。 根据《募集说明书》以及中国证监会关于可转换公司债券的有关规定，公 司实施2022年度权益分派后，思特转债转股价格调整为9.89元/股，自2023年5月 26日（除权除息日）起生效。 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准北京 思特奇信息技术股份有限公司公开发行可转换公司债券的批复》（ ...

北京思特奇信息技术股份有限公司 | 证券代码：300608 | 证券简称：思特奇 | 公告编号：2025-054 | | --- | --- | --- | | 债券代码：123054 | 债券简称：思特转债 | | 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。 关于不提前赎回"思特转债"的公告 一、"思特转债"基本情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准北京思特 奇信息技术股份有限公司公开发行可转换公司债券的批复》（证监许可[2020]590 号）核准，公司于 2020 年 6 月 10 日公开发行了 271.00 万张可转换公司债券（以 下简称"思特转债"），每张面值 100 元，发行总额 27,100.00 万元。经深交所"深 证上[2020]585 号"文同意，公司 27,100.00 万元可转换公司债券于 2020 年 7 月 6 日起在深交所挂牌交易，债券简称"思特转债"，债券代码"123054"。 特别提示： 1、自 2025 年 8 月 4 日至 2025 年 8 月 22 日期间，北京思特奇信息技术股份 有限公司（ ...

| 证券代码：300608 | 证券简称：思特奇 | 公告编号：2025-053 | | --- | --- | --- | | 债券代码：123054 | 债券简称：思特转债 | | 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。 一、董事会会议召开情况 北京思特奇信息技术股份有限公司 第五届董事会第三次会议决议公告 北京思特奇信息技术股份有限公司（以下简称"公司"）第五届董事会第三次 会议于 2025 年 8 月 22 日在公司会议室以现场表决和通讯表决相结合的方式召开。 公司全体董事均同意豁免本次董事会会议通知时限要求。 会议由公司董事长吴飞舟先生主持，会议应出席董事 8 人，实际出席董事 8 人，公司高级管理人员列席了本次会议。会议的召集、召开符合相关法律、行政 法规、规范性文件及《北京思特奇信息技术股份有限公司章程》的有关规定。 二、董事会会议审议情况 （一）审议通过《关于不提前赎回"思特转债"的议案》 公司于 2020 年 6 月 10 日公开发行的可转换公司债券（简称"思特转债"）并 于 2020 年 12 月 16 日进入转股期。2025 年 ...

Core Viewpoint - The company, Sitergy, is facing significant operational challenges, with a notable decline in revenue and persistent losses over the past decade, indicating ongoing profitability issues [1][3]. Financial Performance - In the first half of 2025, Sitergy reported an operating revenue of 180 million yuan, a year-on-year decrease of 24.27%, and a net profit loss of 88 million yuan [1]. - The net profit margin further declined from -33.13% in the first half of 2024 to -49.74% in 2025, while the gross profit margin decreased from 20.01% to 15.47% [3]. - The return on equity stood at -5.89% [3]. Operational Efficiency - The inventory turnover days increased to 396.13 days, a rise of 32.2% compared to the first half of 2024, indicating heightened inventory management pressure [5]. - The net cash flow from operating activities was 69 million yuan, showing a positive turnaround from negative in the same period of 2024 [5]. - The asset-liability ratio for the first half of 2025 was 39.82%, an increase of 0.75 percentage points year-on-year [5]. Institutional Investment - As of the first half of 2025, the number of institutions holding Sitergy's stock decreased to 6, down from 26 in the same period of 2024, reflecting a significant decline in institutional investor confidence [7]. - The company's market capitalization peaked at 6.533 billion yuan on November 15, 2023, but has since fallen to 4.488 billion yuan, requiring a 45.56% increase in stock price to reach its historical high [7].

Financial Performance - The company reported total revenue of 180 million yuan for the first half of 2025, a decrease of 24.27% year-on-year [1] - The net profit attributable to shareholders was -88.06 million yuan, down 13.88% compared to the previous year [1] - The gross margin was 15.47%, reflecting a decline of 22.67% year-on-year, while the net margin was -49.74%, a decrease of 50.12% [1] - The total of selling, administrative, and financial expenses reached 107 million yuan, accounting for 59.38% of total revenue, which is an increase of 50.08% year-on-year [1] Cash Flow and Debt - The company reported operating cash flow per share of 0.21 yuan, a significant increase of 3655.35% year-on-year [1] - The cash and cash equivalents decreased to 461 million yuan, down 29.56% from the previous year [1] - The company’s interest-bearing liabilities increased to 765 million yuan, a rise of 2.87% [1] Historical Performance and Investment Return - The company's historical median Return on Invested Capital (ROIC) since its listing is 10.54%, with the worst year being 2024, which recorded an ROIC of -1.28% [3] - The company has reported a negative net profit in one of the seven annual reports since its listing, indicating potential underlying issues [3] - The average cash flow from operating activities over the past three years has been negative, raising concerns about the company's financial health [3]

Group 1 - The company has announced that the "Si Te Convertible Bond" may meet the redemption conditions due to the stock price being above 130% of the current conversion price for ten trading days from August 4 to August 15, 2025, which is 12.844 CNY per share [1][6] - The initial issuance of the "Si Te Convertible Bond" was approved by the China Securities Regulatory Commission, with a total of 2.71 million bonds issued at a face value of 100 CNY each, totaling 271 million CNY [2] - The conversion price has been adjusted multiple times, with the current conversion price set at 9.88 CNY per share effective from May 23, 2024 [4][3] Group 2 - The company has the right to redeem all or part of the unconverted bonds if the stock price remains above 130% of the conversion price for at least 15 out of 30 consecutive trading days or if the unconverted bond balance is less than 30 million CNY [5][6] - The calculation for the accrued interest upon redemption is specified, taking into account the bondholder's total face value, the annual coupon rate, and the number of days from the last interest payment to the redemption date [5]

Group 1 - The company, Sitergy (SZ 300608), announced the convening of its fifth board meeting on August 15, 2025, to review the semi-annual report and its summary for 2025 [2] - For the first half of 2025, the company's revenue composition was 91.6% from telecommunications and 8.4% from other businesses [2]

思特奇（SZ 300608，收盘价：13.55元）8月15日晚间发布半年度业绩报告称，2025年上半年营业收入 约1.8亿元，同比减少24.27%；归属于上市公司股东的净利润亏损约8806万元；基本每股收益亏损0.27 元。2024年同期营业收入约2.38亿元；归属于上市公司股东的净利润亏损约7733万元；基本每股收益亏 损0.23元。 （文章来源：每日经济新闻） ...

Group 1 - The company announced that from August 4, 2025, to August 15, 2025, its stock price has closed at or above 130% of the current conversion price of "Si Tech Convertible Bonds" (9.88 CNY/share), which is 12.844 CNY/share for ten trading days [1] - If the conditions for the redemption of "Si Tech Convertible Bonds" are triggered, the company has the right to decide whether to redeem all or part of the unconverted convertible bonds at face value plus accrued interest [1] - The redemption condition requires that during the conversion period, the company's stock must close at or above 130% of the current conversion price for at least 15 out of any 30 consecutive trading days [1]

Core Viewpoint - The company reported a significant decline in revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company achieved an operating revenue of 180 million yuan, representing a year-on-year decrease of 24.27% [1] - The net profit attributable to shareholders of the listed company was -88.0583 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -106 million yuan [1] - The basic earnings per share were -0.27 yuan [1]