Core Insights - The company reported a revenue of 159.46 million yuan in Q3 2025, a year-on-year decrease of 3.32% [2][3] - The net profit attributable to shareholders was -1.97 million yuan, an increase of 68.8% year-on-year [2][3] - The net profit excluding non-recurring gains and losses was -4.28 million yuan, a year-on-year increase of 39.25% [2][3] Financial Performance - For the first three quarters of 2025, total revenue was 471 million yuan, down 9.21% year-on-year [2][3] - The net profit attributable to shareholders for the first three quarters was -11.97 million yuan, a decline of 218.1% year-on-year [2][3] - The net profit excluding non-recurring gains and losses for the first three quarters was -16.58 million yuan, a decrease of 94.68% year-on-year [2][3] Cash Flow Analysis - The net cash flow from operating activities for the first three quarters was -29.47 million yuan, a decrease of 10.56 million yuan year-on-year [4] - The net cash flow from financing activities was -7.35 million yuan, an increase of 20.06 million yuan year-on-year [4] - The net cash flow from investing activities was -6.24 million yuan, compared to -34.27 million yuan in the same period last year [4] Company Overview - The company specializes in the research and development of smart sensors and IoT technology, providing optical instruments, precision optics, and intelligent sensing products [2]

Core Viewpoint - Beijing Bichuang Technology (stock code: 300667) reported a decline in revenue and net profit for the third quarter of 2025, indicating significant financial challenges and operational difficulties [2]. Financial Data Summary Main Financial Data and Indicators - Revenue for the reporting period was approximately 159.46 million yuan, down 3.32% year-on-year, and 470.88 million yuan for the year-to-date, down 9.21% compared to the same period last year [2]. - Net profit attributable to shareholders was a loss of approximately 1.97 million yuan, a decrease of 68.80% year-on-year, and a loss of approximately 11.97 million yuan year-to-date, down 218.10% compared to the same period last year [2]. - The net cash flow from operating activities was negative 29.47 million yuan, a decrease of 55.83% year-on-year [2]. - Basic and diluted earnings per share were both negative 0.0096 yuan, a decrease of 68.83% year-on-year [2]. - Total assets at the end of the reporting period were approximately 1.44 billion yuan, down 2.17% from the end of the previous year [2]. Non-Recurring Gains and Losses - Non-recurring gains included a loss from the disposal of non-current assets of approximately 50.52 thousand yuan and government subsidies of approximately 2.36 million yuan [4]. - The total non-recurring gains and losses amounted to approximately 2.31 million yuan for the reporting period [4]. Changes in Financial Indicators - Accounts receivable decreased by 38.13% due to the maturity of receivables [6]. - Prepayments increased by 44.01% due to an increase in advance payments for goods [6]. - Long-term equity investments decreased by 41.09% due to the recovery of investments [6]. - Construction in progress increased significantly by 4,929.54% due to the purchase of new facilities [6]. Profit and Loss Statement Changes - Total operating revenue decreased from approximately 518.63 million yuan to 470.88 million yuan, a decline of 9.23% [18]. - Total operating costs decreased from approximately 526.93 million yuan to 479.99 million yuan, a decline of 8.89% [18]. - The net profit for the reporting period was a loss of approximately 11.80 million yuan, compared to a loss of approximately 4.43 million yuan in the same period last year, reflecting a deterioration in financial performance [19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,415 [9]. - The top ten shareholders included Dai Xiaoning with a 10.77% stake and Chen Fashu with a 7.91% stake [9]. Other Important Notes - The company completed changes to its business scope and obtained a new business license on September 23, 2025 [12]. - A subsidiary, Wuxi Zhonglei Optoelectronics Technology Co., Ltd., changed its name and address on August 1, 2025 [12].

Market Performance - The main board saw significant gains with notable stocks such as Dahua Intelligent (+10.12%), Fangzheng Technology (+10.05%), and Huanxu Electronics (+10.02%) [1] - The ChiNext board led the gains with Kexiang Co. (+20.00%) and Xiangnong Chip (+20.00%) [1] - The Sci-Tech Innovation board also performed well, with Purang Co. (+20.00%) and Shengyi Electronics (+19.99%) [1] - Active sub-industries included SW Communication Network Equipment and Devices (+7.49%) and SW Printed Circuit Boards (+7.06%) [1] Domestic News - Aibang ARAI glasses announced that Lipai Optics completed a new round of financing to enhance the industrialization of AR geometric waveguides [1] - Maxke Electronics signed a strategic cooperation agreement in Zhengzhou for a large silicon wafer project with a total investment of approximately 7 billion yuan [1] - Xiaomi's president responded to pricing issues for the new Redmi K90 series, citing significant increases in memory chip prices affecting manufacturing costs [1] - Lian Micro announced that its 6-inch silicon carbide-based gallium nitride products have passed customer validation and are expected to ship in Q4 2025 [1] Company Announcements - Hand Information reported a revenue of 2.439 billion yuan for the first three quarters of 2025, a year-on-year increase of 3.67%, with a net profit of 145 million yuan, up 6.96% [3] - Hanbo High-tech reported a revenue of 870 million yuan for Q3 2025, a year-on-year increase of 33.34%, with a net profit of 17.66 million yuan, up 153.33% [3] - Kelik reported a revenue of 4.105 billion yuan for the first three quarters of 2025, a year-on-year increase of 24.86%, with a net profit of 232 million yuan, up 52.51% [3] - Jiechuang Intelligent reported a revenue of 599 million yuan for the first three quarters of 2025, a year-on-year increase of 30.73%, with a net profit of 22.77 million yuan, turning from loss to profit [3] International News - Elon Musk announced that Samsung Electronics will participate in the production of Tesla's AI chip "AI5," indicating a shift in production dynamics [2] - TSMC's Japanese subsidiary JASM signed a contract for a new factory in Kumamoto, expected to start operations by the end of 2027, focusing on 6nm process semiconductors [2] - ASML delivered its first lithography machine designed for advanced packaging applications, aimed at addressing the complexities of chip packaging [2] - Google announced a deal with Anthropic to supply up to 1 million AI chips and additional cloud services, valued at several billion dollars [2]

Company Performance - Bichuang Technology (SZ 300667) reported third-quarter results on October 26, indicating a revenue of approximately 471 million yuan for the first three quarters of 2025, a year-on-year decrease of 9.21% [1] - The net profit attributable to shareholders was a loss of approximately 11.97 million yuan, with basic earnings per share reflecting a loss of 0.0585 yuan [1] - As of the report, Bichuang Technology's market capitalization stands at 3.3 billion yuan [1]

北京必创科技股份有限公司 内部审计制度 第一章 总则 第一条 目的 为规范北京必创科技股份有限公司（以下简称"公司"）内部审计工作,充 分发挥内部审计在强化内部控制制度建设、提升合规运营能力、保护投资者合法 权益中的作用,实现内部审计制度化和规范化，根据《审计署关于内部审计工作 的规定》《中国内部审计准则第 1101 号——内部审计基本准则》《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》等有关法律、 法规及规范性文件要求，以及《北京必创科技股份有限公司章程》（以下简称"《公 司章程》"）的规定，结合公司的实际情况，制定本制度。 第二条 定义 本制度所称内部审计，是一种独立、客观的确认和咨询活动，它通过运用系 统、规范的方法，审查和评价公司的业务活动、内部控制和风险管理的适当性和 有效性，以促进组织完善治理、增加价值和实现目标。 第三条 适用范围 本制度适用于公司各内部机构、职能部门、分公司、控股子公司以及对公司 具有重大影响的参股公司（以下简称"被审计单位"或"所属单位"）与内部控 制、财务报告和信息披露相关的所有业务环节进行的内部审计工作。 （三）督促公司内部审计计划的实施； ...

北京必创科技股份有限公司 内部控制管理制度 （三）信息真实性目标：合理保证公司各类业务、财务及管理信息报告的真 实、准确、完整； （四）经营有效性目标：增强公司决策执行力，提高管理效率，改善经营效 益； 第一章 总 则 第一条 为加强北京必创科技股份有限公司（以下简称"公司"）内部控制， 促进公司规范运作，依据《中华人民共和国公司法》《中华人民共和国证券法》 《企业内部控制基本规范》《企业内部控制配套指引》《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、法规要求，结合 公司实际情况，制定本制度。 第二条 本制度所称内部控制，是指公司各层级的机构和人员，依据各自的 职责，采取适当措施，合理防范和有效控制经营管理中的各种风险，防止公司经 营偏离发展战略和经营目标的机制和过程。 第三条 内部控制的目标包括： （五）战略保障性目标：保障公司实现发展战略，促进稳健经营和可持续发 展，保护股东、客户及其他利益相关者的合法权益。 第四条 公司建立与实施内部控制，应当遵循下列原则： （一）行为合规性目标：合理保证公司的经营管理行为遵守法律法规、监管 规定、公司内部管理制度和诚信准则； （二 ...

北京必创科技股份有限公司 财务管理制度 第一章 总 则 第一条 为加强北京必创科技股份有限公司（以下简称"公司"）财务管理， 规范财务工作，促进公司经营业务的发展，以维护股东权益，特制定本制度。 第二条 本制度根据《中华人民共和国会计法》《企业会计准则》等国家有 关法律、法规及《公司章程》，结合本公司具体情况制定本制度。 会计工作岗位，财务部门应建立岗位责任制，以满足会计业务需要，明确划 分不相容岗位，如出纳人员不得兼管稽核、会计档案保管、收入、费用、债权债 务账务处理等工作。 (五) 会计人员 1 会计人员应具备必要的专业知识和专业技能。熟悉国家有关法律、法规、规 章和《企业会计准则》，遵守职业道德。会计人员应按财政部门的规定接受继续 教育。 第二章 财务管理体制 第四条 财会组织体系及机构设置 (一）公司财务管理工作实行统一管理、分级负责原则，财务管理体系中各 层级、各岗位必须严格执行岗位责任制，坚守职业道德，按照相应的职责和权限 履行财务管理职责，承担相应的责任。 (二）公司股东会、董事会依据《公司章程》规定的职责权限，负责审议批 准或实施财务管理与会计核算工作中的有关重大事项。公司审计委员会依据《公 ...

第三条 本办法对公司内部控制评价的目标、范围、原则、工作组织、工作 程序和方法、评价标准、评价报告编写、内部控制评价报告披露、档案管理等内 容进行规范，作为公司开展内控评价工作的指导。 北京必创科技股份有限公司 内部控制评价管理办法 第一章 总则 第一条 为了全面评价北京必创科技股份有限公司（以下简称"公司"）内 部控制的设计和运行情况，规范内部控制评价程序和评价报告，持续完善公司内 部控制，根据《企业内部控制基本规范》和《企业内部控制评价指引》等法律法 规及规范性文件的规定，结合公司实际情况，制定本办法。 第二条 本办法所称内部控制评价，是指公司董事会对内部控制的有效性进 行全面评价、形成评价结论、出具评价报告的过程。 第四条 本办法适用范围：公司及各控股子公司（以下简称"下属单位"）。 控股子公司包括全资子公司，直接或间接持有其50%以上的股份的子公司，或者 能够决定其董事会半数以上成员组成，或者通过协议或其他安排能够实际控制的 子公司。 第二章 内部控制评价工作原则 第五条 公司开展内部控制评价工作遵循下列原则： (一) 全面性原则：评价工作应当包括内部控制的设计与运行，涵盖公司及 下属单位的各种业务和 ...

第一条 为加强内部控制建设，促进北京必创科技股份有限公司（以下简称"公司"） 的规范运作，充分发挥公司董事会审计委员会（以下简称"审计委员会"）事前、事中、 事后审核的独立性及在年报编制和披露方面的监督作用，根据《中华人民共和国公司法》 《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》《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》《上市公司治理准则》《上市公司独立董事管理办法》《国有企业、上市公司选 聘会计师事务所管理办法》等有关法律、法规、规章、规范性文件以及《北京必创科技 股份有限公司章程》（以下简称"《公司章程》"）、《北京必创科技股份有限公司董 事会审计委员会议事规则》的规定，并结合公司年度报告（以下简称"年报"）编制和 披露工作的实际情况，特制定本工作规程。 第二条 审计委员会委员在公司年报编制和披露过程中，应当按照有关法律、行政 法规、规范性文件和本工作规程的要求，认真履行责任和义务，勤勉尽责的开展工作， 保证公司年报的真实准确、完整和及时，维护公司整体利益。 北京必创科技股份有限公司 董事会审计委员会年报工作规程 第一章 总 ...

北京必创科技股份有限公司 外部信息报送及使用管理制度 第一章 总则 第一条 为了进一步加强北京必创科技股份有限公司（以下简称"公司"）定 期报告、临时报告及重大事项在编制、审议和披露期间的外部信息使用人的管理， 规范外部信息报送管理事务，确保公平信息披露，杜绝泄露内幕信息、内幕交易 等违法违规行为，根据《中华人民共和国公司法》《中华人民共和国证券法》《上 市公司信息披露管理办法》《深圳证券交易所创业板股票上市规则》等法律、法 规、规范性文件和《北京必创科技股份有限公司章程》《北京必创科技股份有限 公司内幕信息知情人登记备案制度》等有关规定，结合本公司的实际情况，特制 定本制度。 第二条 本制度适用于公司及子公司（包括公司直接或间接控股 50%以上的 子公司和其他纳入公司合并会计报表的子公司），公司的董事、高级管理人员及 其他相关人员，公司对外报送信息涉及的外部单位或个人。 第三条 本制度所指信息是指所有对公司股票交易价格可能产生较大影响的 信息，包括但不限于：定期报告、临时报告、财务数据、统计数据及需要报批的 重大事项等。 第四条 公司董事会是信息对外报送的最高管理机构，公司董事会秘书负责 信息对外报送的监管 ...