证券日报网讯科锐国际（300662）10月23日在互动平台回答投资者提问时表示，公司始终坚持，以利润 回报广大投资者，但资本市场的价格波动受到宏观环境、市场情绪等多种因素的综合影响，波动与基本 面可能存在阶段性差异，但公司对自身价值和未来发展充满信心，并将持续通过提升经营业绩、优化公 司治理、加强信息披露、增强投资者沟通等多维度推动价值实现。 ...

Summary of Conference Call Transcripts Industry and Company Overview - **Industry**: Human Resources, Mechanical, Detection, Lubricants, Gaming - **Companies**: 科锐国际 (Core International), 华测检测 (China Measurement), 广电计量 (Broadcast Measurement), 利安隆 (Lianlong), 恺英网络 (Kaiying Network) Key Points and Arguments Market Dynamics - The current market is experiencing a battle between profit-taking in high-performing sectors and new capital entering the market, particularly in the mechanical industry, which may have a 10% downside potential [2][2][2] - The stabilization of the Hong Kong stock market suggests that the A-share market's sector rotation may take longer than expected, emphasizing the importance of performance metrics in the coming months [2][2][2] Core International (科锐国际) - The flexible employment business is benefiting from the growing demand for talent optimization and digital transformation, with initial positive results from AI investments [1][4][4] - Despite fluctuations in Q3 operational metrics leading to a stock price decline, the end of a share reduction plan has alleviated pressure on the stock [1][5][5] - The company is expected to achieve a performance target of 300 million yuan in 2025, with a current valuation of approximately 18 times earnings, which is at a multi-year low [1][5][5] Detection Sector - 华测检测 and 广电计量 have exceeded market expectations, indicating a positive trend in the detection sector, which remains undervalued [1][6][6] - The detection sector is showing signs of improvement, with a strong outlook for Q3 2025 and increased confidence for 2026 [1][7][7] 华测检测 (China Measurement) - The company showed significant improvement in non-Beijing regions and accelerated international acquisitions, which are expected to contribute positively to future revenues [1][8][8] - Management changes and strategic adjustments have provided confidence for the company to return to profitability [1][8][8] 利安隆 (Lianlong) - The company reported better-than-expected Q3 2025 results, driven by a rapid recovery in lubricant additive profit margins and effective cost control [1][10][10] - A framework cooperation agreement with overseas lubricant clients lays a foundation for future growth [1][10][10] 恺英网络 (Kaiying Network) - The company anticipates significant acceleration in growth due to the expansion of its "996 Box" channel business and exclusive licensing of legendary IP in China [1][11][11] - The partnership with major publishers and the establishment of brand zones within the "996 Box" are expected to strengthen core business growth [1][11][11] Future Outlook - The overall sentiment for the detection sector is optimistic, with expectations of improved performance in Q3 2025 and beyond, particularly in innovative sectors like pharmaceuticals and aerospace [1][7][7] - The gaming market, particularly for 恺英网络, is projected to grow significantly due to increased control over IP and market share expansion [1][13][13][14][14] Investment Timing - Current market conditions present a favorable opportunity for investing in 恺英网络, as the gaming sector has recently adjusted, making valuations more attractive [1][15][15][15] Additional Important Insights - The flexible employment sector is increasingly penetrating various enterprises, helping to mitigate risks and optimize talent structures [1][4][4] - The detection sector's historical low valuations present potential investment opportunities as the industry shows signs of recovery [1][7][7]

（文章来源：证券日报） 证券日报网讯科锐国际10月20日在互动平台回答投资者提问时表示，截至2025年10月10日，公司股东总 户数13，562户。 ...

Group 1 - The report highlights that national top-level policies are guiding the rapid development of six key areas in "AI+ applications" as outlined in the State Council's opinion released on August 26, 2025 [2][8] - The six key areas include "AI+" in scientific technology, industrial development, consumer quality enhancement, public welfare, governance capabilities, and global cooperation [2][8] - By 2027, it is expected that AI will be widely integrated into these six areas, with the application penetration rate of new intelligent terminals exceeding 70% [9] Group 2 - The report identifies 50 representative stocks across A-shares, Hong Kong stocks, and US-listed Chinese companies that are actively engaged in "AI+ applications" within the six key areas [3] - Key recommended stocks include: - Shuanghuan Transmission (002472.SZ) for AI+ industrialization and intelligent robotics - Orbbec (688322.SH) for AI+ hardware - Shengye (6069.HK) for AI+ supply chain finance [3] - Stocks to watch include: - Xindong Company (2400.HK) for AI+ gaming - Huazhu Gaoke (688433.SH) for AI+ intelligent manufacturing - Guodun Quantum (688027.SH) for AI+ quantum technology [3] Group 3 - The report elaborates on the "AI+" scientific technology direction, which includes accelerating scientific discovery processes, driving innovation in technology research and development models, and innovating social science research methods [12][17][24] - Specific companies mentioned in the "AI+" scientific technology sector include: - iFlytek (002230.SZ) focusing on AI core technology and applications in various fields [13] - Zhongke Shuguang (603019.SH) emphasizing AI-driven digital infrastructure [13] - BGI Genomics (688114.SH) integrating AI into life sciences [13] Group 4 - The "AI+" industrial development direction aims to cultivate new intelligent native models and promote the intelligent transformation of traditional industries [28] - Companies highlighted in this sector include: - Daotong Technology (688208.SH) for AI+ automotive diagnostics [30] - Dingjie Smart (300378.SZ) for AI+ manufacturing digitalization [30] - Huichan Co., Ltd. (688500.SH) for AI+ data intelligence [30] Group 5 - The "AI+" consumer quality enhancement direction focuses on expanding service consumption scenarios and improving the quality of life services [49] - Companies in this area include: - Xindong Company (2400.HK) for AI+ gaming [51] - Giant Network (002558.SZ) integrating AI into core gaming products [51] - Perfect World (002624.SZ) utilizing AI tools in game development [51]

Core Insights - The stock price of Core International increased by 2.03% on October 17, reaching 28.65 CNY per share, with a market capitalization of 5.639 billion CNY [1] - The company has seen a year-to-date stock price increase of 37.08%, but a decline of 6.56% over the past 20 days and 11.27% over the past 60 days [1] - Core International's main business involves technology-driven human resource solutions, with flexible employment accounting for 95.22% of revenue [1] Financial Performance - For the first half of 2025, Core International reported a revenue of 7.075 billion CNY, representing a year-on-year growth of 27.67%, and a net profit of 127 million CNY, up 46.96% [2] - Cumulative cash dividends since the A-share listing amount to 199 million CNY, with 70.259 million CNY distributed over the last three years [3] Shareholder Information - As of September 30, the number of shareholders increased by 2.57% to 13,400, while the average number of circulating shares per person decreased by 2.50% to 14,674 shares [2] - Notable institutional shareholders include Xingquan Commercial Model Mixed Fund A, which increased its holdings by 642,600 shares, and new shareholder Guangfa Electronic Information Media Stock A [3]

Core Viewpoint - The introduction of the K visa is expected to enhance the flow of international technology talent to China, particularly benefiting the company in sectors like AI and new energy [2]. Group 1: Company Performance - As of October 13, 2025, the stock price of Core International (300662) closed at 27.44 yuan, down by 2.35%, with a turnover rate of 2.48%, a trading volume of 48,700 shares, and a transaction value of 134 million yuan [1]. Group 2: Talent Acquisition and Policy Impact - The K visa will facilitate the entry of foreign youth technology talent into China, strengthening the country's competitive edge in global talent acquisition [2]. - The company aims to leverage the new opportunities presented by the K visa and related policies to enhance its talent matching services through a global service network and digital technology platform [2]. - The company is actively exploring the integration of new policy channels to improve service efficiency in attracting foreign core talent for state-owned enterprises and research institutions [2]. Group 3: Market Dynamics - On October 13, 2025, there was a net outflow of 12.64 million yuan from institutional investors, while retail investors saw a net inflow of 16.68 million yuan [2].

Core Insights - The stock price of Core International (科锐国际) closed at 28.1 yuan on October 10, 2025, down 1.54% with a turnover rate of 2.72% and a trading volume of 53,400 shares, amounting to a transaction value of 151 million yuan [1] Trading Information - On October 10, 2025, the net inflow of main funds was 1.3294 million yuan, while the net outflow of speculative funds was 25.6932 million yuan, and the net inflow of retail funds was 2.43638 million yuan [2][7] Shareholder Changes - Core International announced that its controlling shareholder, Horgos Taiyong Kanda Venture Capital Co., Ltd., reduced its holdings by a total of 1.144 million shares from July 26, 2025, to October 9, 2025, accounting for 0.5813% of the company's total share capital. During this period, the stock price fell by 19.26%, closing at 28.54 yuan on October 9, 2025 [3][7] Shareholder Count Changes - As of September 30, 2025, the number of shareholders of Core International was 13,376, an increase of 335 from September 20, 2025, representing a growth rate of 2.57%. The average number of shares held per account decreased from 15,100 shares to 14,700 shares, with an average market value of 419,600 yuan per account [4][6][7] Management Responses - The company’s management is focused on value creation and transmission, emphasizing the importance of core competitiveness through a "technology + platform + service" ecosystem. They have established a comprehensive market value management system and are committed to binding the interests of executives and core employees to the company's long-term value through a restricted stock incentive plan for 2023. Regular investor communication mechanisms are in place to guide market expectations [5]

（编辑 袁冠琳） 证券日报网讯 科锐国际10月10日在互动平台回答投资者提问时表示，科锐国际作为全球化人力资源服 务企业，已在英国、美国、德国、荷兰、瑞士、澳大利亚、马来西亚、新加坡等多个国家共设置10余家 海外分支机构，在新能源、智能制造、生物医药等关键领域积累了丰富的跨境人才解决方案经验。"K 字签证"政策将促进国际科技人才流动，有利于公司进一步发挥全球资源整合能力，为中外企业提供更 高效的人才匹配服务，强化公司在国际人才服务市场的竞争力。 ...

南财智讯10月10日电，科锐国际公告，霍尔果斯泰永康达创业投资有限公司作为公司控股股东，于2025 年6月18日披露了减持计划，计划减持不超过358.07万股，占公司总股本的1.82%，减持方式包括大宗交 易和集中竞价。截至2025年10月9日，泰永康达实际通过集中竞价方式减持196.49万股，占公司总股本 的0.9984%，减持均价为32.57元/股。减持后，泰永康达持股比例从30.4170%降至29.4186%，仍为公司 控股股东。 ...

格隆汇10月10日丨科锐国际(300662.SZ)公布，公司于近日接到泰永康达出具的《关于减持计划时间届 满暨减持股份结果的告知函》。上述减持期内泰永康达通过集中竞价方式减持公司股份1,964,874股，占 公司总股本的0.9984%，泰永康达的持股比例由30.4170%减少至29.4186%。 ...