证券代码：300959 证券简称：线上线下 公告编号：2025-060 无锡线上线下通讯信息技术股份有限公司 第三届董事会第十二次会议决议公告 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。 表决结果：5 票同意，0 票弃权，0 票反对。 一、董事会会议召开情况 1.本次董事会由夏军先生召集，会议通知于 2025 年 10 月 25 日以电子邮件方式发 出。 2.本次董事会于 2025 年 10 月 28 日在公司会议室以通讯方式召开。 3.本次董事会应出席董事 5 名，实际出席董事 5 名。 4.本次董事会由董事长夏军先生主持，公司高管列席了本次董事会。 5.本次董事会会议的召集、召开符合《公司法》《公司章程》及相关法规的规定。 二、董事会会议审议情况 本次会议以投票表决方式审议通过以下议案： 1. 审议通过《关于<2025 年第三季度报告>的议案》 2025 年 10 月 30 日 2 经审议，董事会一致认为：公司《2025 年第三季度报告》的内容符合法律、行 政法规、中国证券监督管理委员会和深圳证券交易所的相关规定，报告内容真实、准 确、完整，不存在任何 ...

Company Summary - The company "线上线下" announced a credit impairment loss of approximately 6.18 million yuan for the period from January to September 2025, resulting in a total profit reduction of about 6.18 million yuan and a net profit reduction attributable to shareholders of approximately 4.6 million yuan [1] - The equity attributable to shareholders decreased by approximately 4.02 million yuan due to the credit impairment loss [1] - The credit impairment loss was not audited by an accounting firm, and the final figures will be based on the audited financial data [1] Revenue Composition - For the first half of 2025, the revenue composition of "线上线下" was as follows: mobile information services accounted for 89.34%, digital marketing business accounted for 10.51%, and other businesses accounted for 0.15% [1] Market Capitalization - As of the report date, the market capitalization of "线上线下" is 8.6 billion yuan [1]

Financial Performance - The company's revenue for Q3 2025 was ¥136,063,297.59, a decrease of 61.68% compared to the same period last year[4] - The net profit attributable to shareholders was a loss of ¥7,212,561.29, representing a decline of 169.29% year-over-year[4] - The company's basic earnings per share were -¥0.09, a decline of 169.23% compared to the same period last year[4] - Total operating revenue for the current period was ¥469,759,438.87, a decrease of 46.8% compared to ¥883,615,230.80 in the previous period[27] - Net profit for the current period was ¥4,788,019.43, a decline of 66.1% from ¥14,042,633.67 in the previous period[29] - Earnings per share for the current period were ¥0.04, compared to ¥0.15 in the previous period, reflecting a 73.3% decrease[29] Cash Flow - The net cash flow from operating activities was ¥4,397,759.70, down 89.52% from the previous year[4] - Net cash flow from operating activities was ¥4,397,759.70, a significant decrease from ¥41,969,634.88 in the previous period[32] - Investment cash inflow totaled ¥654,991,017.53, compared to ¥591,751,101.04, reflecting an increase of about 10.7%[33] - Net cash flow from investment activities improved to ¥24,468,568.92, recovering from a negative cash flow of -¥98,871,693.18 in the prior period[33] - Cash inflow from financing activities was ¥10,000,000.00, down from ¥52,650,614.62, indicating a decline of approximately 81%[33] - Net cash flow from financing activities was -¥83,214,639.51, worsening from -¥70,939,786.07 in the previous period[33] - The ending cash and cash equivalents balance was ¥172,330,649.43, an increase from ¥140,770,631.21 year-over-year[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,331,061,808.29, a decrease of 7.80% from the end of the previous year[4] - The company's total current assets decreased from 1,230,982,746.41 RMB to 1,036,696,338.02 RMB, a decline of approximately 15.7%[23] - The total assets decreased from 1,443,609,825.51 RMB to 1,331,061,808.29 RMB, representing a reduction of about 7.8%[23] - Total liabilities decreased to ¥197,344,765.82 from ¥261,206,310.17, a reduction of 24.4%[25] - Total equity decreased to ¥1,133,717,042.47 from ¥1,182,403,515.34, a decline of 4.1%[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,835[16] - The largest shareholder, Wang Kun, holds 25.89% of shares, amounting to 20,808,746 shares, with 16,448,041 shares pledged[16] - Shenzhen Shenlei Technology Co., Ltd. holds 13.32% of shares, totaling 10,706,199 shares, all of which are pledged[16] - The company has not disclosed any changes in the top 10 shareholders due to securities lending activities[18] Research and Development - Research and development expenses for the first nine months of 2025 were ¥6,015,071.09, a decrease of 38.68% compared to the previous year[11] - The company reported a decrease in research and development expenses to ¥6,015,071.09 from ¥9,809,503.27, a reduction of 38.5%[28] Other Financial Metrics - The company reported a significant increase in other equity instrument investments, rising by 64,405.44% to ¥28,669,445.00[9] - The net cash flow from investing activities increased by 124.75% to ¥24,468,568.92 compared to the previous year[14] - The company experienced a 58.02% reduction in short-term borrowings, which decreased to ¥20,015,277.78[9] - The company recorded a financial expense of -¥5,323,346.32, an improvement compared to -¥7,268,778.08 in the previous period[28] Market Strategy - The company aims to enhance market expansion strategies and product development in the upcoming quarters[30] Audit Status - The company’s third-quarter financial report was not audited, which may impact the reliability of the reported figures[34]

"以前下船换班要带着行李跑两个地方，路上折腾，查验还要重复开包。"船员冀泽起说，在新启用的国 际换班船员联合查验中心，船员可以"一站换班"，"一次开包"即可完成检查，原本需要40分钟的行李物 品查验时间，如今不到10分钟即可完成。 据悉，本次启用的国际换班船员联合查验中心采用"线下共同查验、线上协同支撑"模式，在线下，边检 民警和海关关员在中心现场联合进行实物查验，在线上，双方则通过换班船员信息申报系统，完成船员 信息申报和行李物品预警研判。 中新网青岛10月28日电(张孝鹏)全国首个线上线下式国际换班船员联合查验中心28日在中国(山东)自贸 试验区青岛片区(简称"青岛自贸片区")启用。该中心通过"线下共同查验、线上协同支撑"的一体化监管 模式简化审批流程，将船员换班时间从2至3个小时压缩至不到1个小时。 10月28日，线上线下式国际换班船员联合查验中心在青岛自贸片区启用。(青岛自贸片区管委会供图) 山东港口青岛港是全球领先的综合性港口，年均出入境(港)船舶1.8万余艘次、出入境(港)人员38万余人 次。青岛自贸片区提升国际航行船舶换班船员通关体验，对当地优化口岸营商环境意义深远。 据介绍，目前，该国际换班船 ...

Investment Rating - The report maintains a "Recommended" rating for the telecommunications industry, reflecting a positive outlook due to sustained high demand and growth in AI, 5.5G, and satellite communications [5]. Core Insights - The telecommunications sector experienced a significant increase, with the industry index rising by 11.55% during the week of October 20-26, 2025. This is in contrast to the broader market indices, which saw smaller gains [11][14]. - The report highlights that the highest growth within the telecommunications sub-sectors was in communication network equipment and devices, which rose by 17.85%, while communication engineering and services had the lowest increase at 3.07% [14][15]. - Notable individual stock performances included Zhongji Xuchuang, which surged by 32.23%, followed by Line Online and Shijia Photon with increases of 28.98% and 24.63%, respectively [16]. Summary by Sections Market Overview - The overall market performance for the week showed the Shanghai Composite Index up by 2.88%, the Shenzhen Component Index up by 4.73%, and the ChiNext Index up by 8.05%, indicating a robust market environment [11]. Sub-sector Performance - The report details that all sub-sectors within telecommunications showed an upward trend, with communication network equipment and devices leading the gains [14][15]. Key News and Developments - The report notes significant advancements in quantum computing, with Google achieving a breakthrough that allows for calculations 13,000 times faster than traditional computers, which could have implications for various industries including telecommunications [25]. - The "14th Five-Year Plan" emphasizes the importance of emerging technologies such as low-altitude economy, quantum technology, 6G, and artificial intelligence, which are expected to drive future growth in the telecommunications sector [20][21]. Company Announcements - Several major telecommunications companies released their third-quarter reports, showing varied performance metrics. For instance, China Mobile reported a revenue of 794.67 billion RMB, a year-on-year increase of 0.41%, while China Telecom reported a revenue of 396.99 billion RMB, up by 0.58% [26][28].

Core Points - The Ministry of Education held the "Golden Autumn Launch" employment matching event for the 2026 national college graduates in Hangzhou, Zhejiang, gathering over 400 employers across various sectors [2] - More than 7,000 job positions were offered at the event, with an additional 90,000 job opportunities available online through the "National College Student Employment Service Platform" [2] - The event introduced a technology achievement exhibition and trading fair for universities, aimed at addressing the technical upgrade and talent service needs of enterprises, thereby enhancing quality and capacity while increasing employment for graduates [2] Industry Insights - The Ministry of Education is actively guiding localities and universities to expand market-oriented and social employment channels, ensuring precise employment services [4] - There is a focus on connecting with economically strong provinces to better facilitate the matching of talent and job positions between universities and enterprises [4]

Investment Rating - The communication industry is rated as "Positive" with expectations that the industry index will outperform the market index by over 5% in the next six months [49]. Core Insights - The communication sector has shown robust growth, with a 11.56% increase from October 20 to October 24, 2025, outperforming the CSI 300 index by 8.31 percentage points [3][13]. - Year-to-date, the communication industry has risen by 70.42%, ranking second among major sectors [3][15]. - The current PE TTM for the communication sector is 25.93, which is at the 34.12 percentile, indicating a relatively low valuation level [15]. - The report highlights a significant internal performance and stock price divergence among listed companies, suggesting a cautious yet optimistic outlook for operators with sustained profit growth and enhanced network value [6][47]. Summary by Sections Market Review - The communication sector has outperformed the CSI 300 index, with 101 out of 120 listed companies experiencing stock price increases during the review period [14][15]. - The top three gainers were Zhongji Xuchuang, Online Offline, and Shijia Photon, while the top three decliners were Dongxin Peace, Zhongguang Lightning Protection, and Wanma Technology [17][14]. Industry News - The report discusses the strategic focus on emerging technologies such as quantum technology, embodied intelligence, and 6G, which are expected to create significant market opportunities over the next decade [18][19]. - Major telecommunications companies like China Mobile, China Telecom, and China Unicom reported steady revenue growth, with China Mobile achieving a revenue of 794.7 billion yuan and a net profit of 115.4 billion yuan, reflecting a 4% year-on-year increase [26][28][30]. Investment Recommendations - The report suggests maintaining a cautiously optimistic stance, focusing on operators with continuous profit growth, companies benefiting from traffic growth and computing networks, and high-quality firms with strong core competitiveness [6][47].

Group 1 - The event held in Beijing aimed to connect the supply chain and introduce local specialty agricultural products from Gaoyou, such as Gaoyou duck eggs and shrimp, to the Beijing market [1] - The New Fa Di market plays a crucial role in supplying over 80% of agricultural products to Beijing, making it a strategic hub for Gaoyou's agricultural products [1] - Key products showcased included Gaoyou duck eggs, shrimp, and rice, with several other local specialties attracting attention from buyers and citizens [1] Group 2 - Gaoyou has established 16 Chinese geographical indication trademark agricultural products and 3 national geographical indication products, with several included in national promotion lists [2] - The establishment of a "Gaoyou Quality Agricultural Products Supply and Marketing Base" at New Fa Di market and the hiring of four agricultural experts for strategic development indicate a strong preparation for market entry [2] - The New Fa Di market has committed to creating a "green channel" for Gaoyou agricultural products, promoting them through both online and offline channels to ensure stable supply to the Beijing market [2]

Group 1 - Hainan Province launched an autumn recruitment event titled "Closing the Gap and Expanding New Opportunities" from October 25 to 26, with over 280 companies offering nearly 8,000 quality job positions across four cities: Beijing, Chongqing, Hangzhou, and Changsha [1][3] - The recruitment utilized a "hybrid" model combining online and offline methods, with main venues set at Tsinghua University, Chongqing University, Zhejiang University, and Central South University, covering various sectors including government, state-owned enterprises, and private companies [3] - Hainan Province plans to continue recruitment activities at 16 universities and will leverage the Hainan Free Trade Port recruitment website for online resume collection and "live-streaming job fairs" for students unable to attend in person [5] Group 2 - In Nanchang, Jiangxi Province, a large recruitment fair was held to assist college graduates in finding jobs, featuring a variety of services including job placements, policy information, and career guidance [6] - A notable highlight of the recruitment fair was a dedicated area for small and micro enterprises, with 37 companies offering diverse positions in technology research, marketing, and innovative design, along with a consultation area for policy explanations [8] - Nanchang's "Golden Autumn Recruitment Month" event showcased over 100 quality companies with more than 2,000 job openings in fields such as intelligent manufacturing and modern services, facilitating direct interactions between graduates and recruiters [9]

Group 1 - The company has recently completed the business registration change procedures and obtained a new business license from the Wuxi Data Bureau [2] - The company will hold its second extraordinary general meeting of shareholders for 2025 on October 15, 2025, to elect new directors for the third board of directors [2] - The company convened the eleventh meeting of the third board of directors on the same day, approving the election of Mr. Xia Jun as the new chairman of the third board of directors [2]