Market Overview - On October 17, the professional services sector declined by 1.96%, with Shijian Testing leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Stock Performance - Notable gainers included: - Lianjian Technology (301115) with a closing price of 16.42, up 1.36% [1] - Xince Standard (300938) at 25.87, up 1.25% [1] - Huace Testing (300012) at 14.33, up 0.49% [1] - Significant decliners included: - Shijian Testing (301228) at 26.32, down 4.98% [2] - Shishi Testing (300416) at 16.24, down 4.86% [2] - Anche Testing (300572) at 28.88, down 4.78% [2] Capital Flow - The professional services sector experienced a net outflow of 299 million yuan from institutional investors, while retail investors saw a net inflow of 329 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors increased their positions [2] Detailed Capital Flow Analysis - Major stocks with net inflows from institutional investors included: - Anbang Guard (603373) with a net inflow of 17.11 million yuan [3] - Lianjian Technology (301115) with a net inflow of 7.19 million yuan [3] - Guangdong Construction Science (301632) with a net inflow of 5.67 million yuan [3] - Conversely, stocks like Beijing Renli (600861) and Zhongjin Irradiation (300962) saw net outflows from institutional investors [3]

证券日报网讯 10月16日晚间，联检科技发布公告称，公司本次回购注销的限制性股票共计1，634，490 股，其中首次授予部分限制性股票1，552，770股，预留授予部分限制性股票81，720股；回购价格首次 授予部分价格为12.53元/股、预留授予部分价格为12.18元/股，回购总金额合计20，975，253.41元（含 利息）。本次回购注销限制性股票涉及人数385人，回购注销数量占回购注销前公司总股本的 0.8827%。2025年10月16日，公司已在中国证券登记结算有限责任公司深圳分公司办理完成上述限制性 股票的回购注销手续。本次回购注销完成后，公司股份总数由185，159，340股变更为183，524，850 股。 （文章来源：证券日报） ...

证券代码：301115 证券简称：联检科技 公告编号：2025-065 回购注销完成的公告 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。 1.联检（江苏）科技股份有限公司（以下简称"公司"）本次回购注销的限 制性股票共计1,634,490股，其中首次授予部分限制性股票1,552,770股，预留 授予部分限制性股票81,720股；回购价格首次授予部分价格为12.53元/股、预 留授予部分价格为12.18元/股，回购总金额合计20,975,253.41元（含利息）。 本次回购注销限制性股票涉及人数385人，回购注销数量占回购注销前公司总 股本的0.8827%。 2.2025年10月16日，公司已在中国证券登记结算有限责任公司深圳分公 司办理完成上述限制性股票的回购注销手续。 3.本次回购注销完成后，公司股份总数由185,159,340股变更为183,524,8 50股。 2022 1.2022年10月25日，公司分别召开第四届董事会第十五次会议、第四届监事会第 十三次会议，审议通过了《关于公司<2022年限制性股票激励计划（草案）及其摘要 >的议案》《关于公司< ...

Core Insights - On October 13, Lianjian Technology's stock rose by 0.75%, with a trading volume of 42.36 million yuan [1] - The company experienced a net financing outflow of 2.16 million yuan on the same day, with a total financing balance of 34.50 million yuan, representing 1.62% of its market capitalization [1] - The company reported a year-on-year revenue growth of 7.93% for the first half of 2025, reaching 641 million yuan, and a net profit increase of 37.75%, amounting to 24.91 million yuan [2] Financing and Trading Activity - On October 13, Lianjian Technology had a financing buy-in of 3.33 million yuan and a financing repayment of 5.49 million yuan, resulting in a net financing buy-in of -2.16 million yuan [1] - The total financing and securities balance as of October 13 was 34.50 million yuan, which is below the 10th percentile level over the past year, indicating a low financing balance [1] - The company had no short-selling activity on October 13, with a short-selling balance of 0 yuan, which is above the 90th percentile level over the past year, indicating a high short-selling position [1] Business Performance - Lianjian Technology's main business revenue composition includes inspection and testing services (70.09%), sales of new engineering materials (15.35%), special engineering professional services (14.31%), and urban safety (0.25%) [1] - As of June 30, the number of shareholders increased to 21,600, with an average of 4,892 circulating shares per person, a decrease of 0.86% from the previous period [2] - The company has distributed a total of 253 million yuan in dividends since its A-share listing [3]

Core Insights - On October 10, Lianjian Technology's stock increased by 0.50%, with a trading volume of 26.78 million yuan [1] - The company reported a financing buy-in of 2.31 million yuan and a financing repayment of 2.43 million yuan, resulting in a net financing outflow of 0.12 million yuan [1] - As of October 10, the total margin balance for Lianjian Technology was 36.66 million yuan, which is 1.74% of its market capitalization and below the 20th percentile of the past year [1] Financing and Margin Data - On the same day, Lianjian Technology had a financing buy-in of 2.31 million yuan, with a total financing balance of 36.66 million yuan [1] - The margin balance is considered low, being below the 20th percentile of the past year [1] - No shares were sold or repaid in the securities lending segment, indicating a high level of margin availability [1] Company Overview - Lianjian Technology, established on March 19, 2003, is located in Changzhou, Jiangsu Province, and was listed on August 31, 2022 [1] - The company's main business includes comprehensive technical services, construction quality testing, structural testing, and the development and sale of new building materials [1] - The revenue composition is as follows: 70.09% from inspection and testing services, 15.35% from new engineering materials sales, 14.31% from specialized engineering services, and 0.25% from urban safety [1] Financial Performance - As of June 30, Lianjian Technology had 21,600 shareholders, an increase of 0.87% from the previous period [2] - The average number of circulating shares per shareholder decreased by 0.86% to 4,892 shares [2] - For the first half of 2025, the company achieved a revenue of 641 million yuan, a year-on-year increase of 7.93%, and a net profit attributable to shareholders of 24.91 million yuan, up 37.75% year-on-year [2] Dividend Information - Since its A-share listing, Lianjian Technology has distributed a total of 253 million yuan in dividends [3]

Core Insights - The company, Lianjian Technology, emphasizes its differentiated advantages in the detection and inspection field, focusing on a "demand-driven integrated service ecosystem" and "cross-domain technology integration" [1] Group 1: Service Model - The company has developed a closed-loop service model that includes "detection diagnosis - problem identification - solution provision," significantly enhancing customer stickiness and service added value [1] - In traditional sectors such as construction and environmental testing, the company employs a "detection+" model to deeply bind customer needs [1] Group 2: Service Offerings - In construction safety testing, the company not only provides testing services but also offers material research and special engineering maintenance as derivative services, creating a full-chain capability from risk warning to remediation [1] - In environmental monitoring, the company combines self-developed low-power wireless sensors and cloud platforms to provide customers with a one-stop service that includes "monitoring data + pollution tracing + remediation solutions" [1] Group 3: Market Expansion - In emerging business areas, the company plans to replicate the "detection + solution" integrated logic to quickly respond to market demands through technological collaboration [1]

Core Viewpoint - The company aims to become a comprehensive inspection, testing, and certification organization with a focus on technology-driven quality ecosystems, emphasizing sustainable development and innovation [1] Group 1: Company Mission and Vision - The company is committed to the mission of "empowering quality ecosystems through technology" and adheres to a collaborative philosophy of "co-consultation, co-construction, and co-sharing" [1] - The company prioritizes customer-centric approaches and values the contributions of its workforce, aiming for sustainable development and continuous innovation [1] Group 2: Strategic Focus Areas - The company plans to deepen its investment in sectors such as new energy, dual carbon initiatives, biomedicine, and consumer goods [1] - There is a commitment to expanding overseas markets by establishing localized operational teams to provide region-specific testing and certification services [1] Group 3: Competitive Strategy - The company aims to enhance its international market share by collaborating with internationally recognized institutions to obtain international certification qualifications [1] - The strategy includes a "one test, multiple certifications" approach, gradually building a new industry cultivation model that integrates technology breakthroughs, industry aggregation, and capital-driven initiatives to enhance overall competitiveness [1]

Core Viewpoint - The company has officially entered the automotive testing sector through the acquisition of Guanbiao (Shanghai) Testing Technology Co., Ltd, enhancing its capabilities in various testing services for automobiles and their components [1] Group 1: Acquisition and Market Entry - The acquisition of Guanbiao Testing allows the company to provide comprehensive testing services in automotive materials, environmental reliability, electrical performance, and electromagnetic compatibility (EMC) [1] - The company has integrated resources and built capabilities to empower Guanbiao Testing, enabling it to obtain third-party testing qualifications from major automotive manufacturers such as Geely, Chery, Leap Motor, and JAC [1] Group 2: Client Base and Recognition - Currently, Guanbiao Testing has secured third-party testing qualifications from several automotive companies, including General Motors, Volkswagen, NIO, Li Auto, JAC, Geely, Leap Motor, and Chery [1] - The recognition from both traditional and new energy vehicle manufacturers expands Guanbiao Testing's credibility in the automotive industry [1] Group 3: Future Outlook - As of the first half of 2025, Guanbiao Testing is experiencing a favorable order situation and is actively exploring new fields and product lines to enhance the company's sustainable profitability and risk resistance [1]

Core Insights - The industry is experiencing a significant trend towards consolidation, with increasing scale effects and a notable decline in the number of inspection and testing institutions, particularly small and micro entities [1] - The competitive landscape remains fragmented with no clear market monopolies, but the industry is expected to undergo a reshaping process that will challenge smaller players while providing strategic opportunities for larger, more capable institutions [1] - The company plans to adapt to these changes through cross-regional and cross-sector investments, as well as international expansion strategies to enhance its competitive edge and solidify its market position [1] Industry Overview - The number of inspection and testing institutions has decreased for the first time, indicating a shift in the market dynamics [1] - The overall inspection and testing market is characterized by intense competition and a lack of significant monopolistic behavior [1] - National policies are steering the development goals of the inspection and testing industry towards marketization, internationalization, specialization, intensification, and standardization [1] Company Strategy - The company aims to respond proactively to the evolving industry landscape by pursuing strategic investments and international ventures [1] - The focus on enhancing comprehensive competitiveness is crucial for maintaining and strengthening the company's position within the industry [1]

Group 1: Competitive Advantages - The company has a differentiated advantage in the inspection and testing field, focusing on a "demand-driven integrated service ecosystem" and "cross-domain technology integration capabilities" [2] - The "Testing+" model deepens customer engagement by providing not only testing services but also related services such as material R&D and special engineering maintenance [2] - In environmental monitoring, the company offers a one-stop service combining monitoring data, pollution tracing, and remediation solutions through self-developed low-power wireless sensors and cloud platforms [2] Group 2: Development Strategy - The company aims to empower quality ecosystems through technology, adhering to a collaborative philosophy of "co-consultation, co-construction, and sharing" [2] - It plans to focus on sectors like new energy, dual carbon, biomedicine, and consumer goods, while increasing investments in cross-regional and cross-sector testing services [2] - The company seeks to expand its international market share by establishing localized operational teams and collaborating with internationally recognized institutions for certification [2] Group 3: Automotive Testing Sector - The company entered the automotive testing sector through the acquisition of Guanbiao (Shanghai) Testing Technology Co., Ltd., which provides comprehensive testing services for vehicles and components [2] - Guanbiao Testing has gained third-party testing qualifications from major automotive manufacturers, including Geely, Chery, and NIO, enhancing its recognition in both traditional and new energy vehicle sectors [2] - In the first half of 2025, Guanbiao Testing reported a good order situation and is actively exploring new fields and product lines to strengthen profitability and risk resilience [2] Group 4: Industry Competition Landscape - The inspection and testing industry is experiencing increasing concentration, with a notable decline in the number of small testing institutions [3] - According to the National Market Supervision Administration, the number of testing institutions has decreased for the first time, indicating a trend towards market consolidation [3] - The industry is expected to shift towards a more orderly competitive environment, providing opportunities for larger institutions to strategically position themselves [3]