人民财讯12月18日电，佳缘科技(301117)12月18日公告，根据2025年12月18日询价申购情况，初步确定 的本次询价转让价格为39.93元/股。本次询价转让拟转让股份已获全额认购，初步确定受让方为14名机 构投资者，拟受让股份总数为324万股。 （原标题：佳缘科技：初步确定本次询价转让价格为39.93元/股） ...

格隆汇12月18日丨佳缘科技(301117.SZ)公布，经向机构投资者询价后，初步确定的转让价格为39.93元/ 股。本次询价转让拟转让股份已获全额认购，初步确定受让方为14名机构投资者，拟受让股份总数为 3,240,020股。 ...

Core Viewpoint - Jiarun Technology (301117) announced a preliminary inquiry transfer price of 39.93 yuan per share based on the inquiry subscription situation as of December 18, 2025 [1] Group 1 - The inquiry transfer will not be conducted through centralized bidding or block trading methods, and it does not fall under the category of secondary market reduction [1] - The transferee is prohibited from transferring the shares acquired through the inquiry transfer for a period of six months after the acquisition [1]

（二）参与本次询价转让报价的机构投资者家数为16家，涵盖了基金管理公 司、证券公司、私募基金管理人、合格境外投资者等专业机构投资者。参与本次 询价转让报价的机构投资者合计有效认购股份数量为3,627,000股，对应的有效认 购倍数为1.12倍。 （三）本次询价转让拟转让股份已获全额认购，初步确定受让方为14名机构 投资者，拟受让股份总数为3,240,020股。 证券代码：301117 证券简称：佳缘科技 公告编号：2025-070 佳缘科技股份有限公司 股东询价转让定价情况提示性公告 股东成都佳多吉商务信息咨询中心（有限合伙）、厦门嘉德创信创业投资合伙企 业（有限合伙）保证向佳缘科技股份有限公司（以下简称"佳缘科技"、"公司"或"本 公司"）提供的信息内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其真 实性、准确性和完整性依法承担法律责任。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 重要内容提示： 一、本次询价转让初步定价 （一）经向机构投资者询价后，初步确定的转让价格为39.93元/股。 二、相关风险提示 1 根据2025年12月18日询价申购情况，初步确定的本次询价转让价格 ...

本次询价转让的出让方厦门嘉德创信创业投资合伙企业(有限合伙)非佳缘科技控股股东、实际控制人， 部分董事通过厦门嘉德创信创业投资合伙企业(有限合伙)间接持有佳缘科技股份；厦门嘉德创信创业投 资合伙企业(有限合伙)非持有佳缘科技股份5%以上的股东。 根据佳缘科技披露的2024年年度报告，该公司控股股东、实际控制人为王进，尹明君、成都佳多吉商务 信息咨询中心(有限合伙)为实际控制人的一致行动人。 据每日经济新闻报道，记者以投资者身份致电佳缘科技，公司证券部人士称，成都佳多吉为佳缘科技的 一个员工持股平台，其2015年就成立了。该人士称："这个员工持股平台持股已经很久了，(公司)员工 们其实也需要用钱，他们也希望公司帮他们'转一下'，是员工提出来的(询价转让)。" 中国经济网北京12月18日讯佳缘科技（301117）(301117.SZ)昨日晚间发布股东询价转让计划书。 根据公告，拟参与佳缘科技首发前股东询价转让的股东为成都佳多吉商务信息咨询中心(有限合伙)、厦 门嘉德创信创业投资合伙企业(有限合伙)(以下合称"出让方")；出让方拟转让股份的总数为3,240,020 股，占佳缘科技总股本的比例为2.51%；本次询价转 ...

新京报贝壳财经讯12月17日，佳缘科技（301117）发布公告称，股东成都佳多吉商务信息咨询中心(有 限合伙)、厦门嘉德创信创业投资合伙企业(有限合伙)拟询价转让324万股公司股份，占公司总股本的比 例为2.51%。本次询价转让的出让方成都佳多吉商务信息咨询中心(有限合伙)为公司实际控制人的一致 行动人。 ...

南方财经12月18日电，佳缘科技(301117.SZ)发布公告称，股东成都佳多吉及厦门嘉德创信拟通过询价 转让方式减持公司股份。本次拟转让股份总数为324万股，占公司总股本的2.51%。转让时间为2025年 12月17日启动，具体价格将根据询价结果确定。 ...

Core Viewpoint - Jiarun Technology announced a share transfer plan involving approximately 3.24 million shares, representing 2.51% of the company's total equity, due to the funding needs of its shareholders [1][3]. Group 1: Share Transfer Details - Shareholders Chengdu Jiaduoji Business Information Consulting Center and Xiamen Jiade Chuangxin plan to transfer a total of about 3.24 million shares through a pricing inquiry, not through secondary market transactions [1][2]. - Chengdu Jiaduoji, an employee stock ownership platform, holds 313.6 thousand shares (2.43% ownership), while Xiamen Jiade Chuangxin holds 15.65 thousand shares (0.12% ownership) [3]. - The transfer price will not be lower than 70% of the average trading price over the 20 trading days prior to the transfer invitation date [3][4]. Group 2: Company Background and Performance - Jiarun Technology's employee stock ownership platform, Chengdu Jiaduoji, was established in 2015 and has been holding shares for a long time [4]. - The company reported a revenue of 203 million yuan for the first three quarters of the year, a year-on-year increase of 4.22%, while the net profit attributable to shareholders was -9.57 million yuan, a 46.43% reduction in losses compared to the previous year [8]. - As of December 17, the company's stock price increased by 3.82%, following a previous decline of 10.96% on December 16 [10].

12月17日晚间，佳缘科技（SZ301117，股价51.13元，市值66.04亿元）公告称，因自身资金需求，股东成都佳多吉商务信息咨询中心（有限合伙）（以下 简称"成都佳多吉"）、厦门嘉德创信创业投资合伙企业（有限合伙）（以下简称"厦门嘉德创信"）拟通过询价转让的方式转让合计约324万股公司股份， 占公司总股本的比例为2.51%。 每经记者｜蔡鼎 每经编辑｜许绍航 黄博文 公告称，成都佳多吉为公司实控人的一致行动人，实则为佳缘科技的员工持股平台。 图片来源：公司公告 佳缘科技公告称，股东与中信证券综合考虑股东自身资金需求等因素，协商确定本次询价转让的价格下限，且本次询价转让的价格下限不低于发送认购邀 请书之日（即2025年12月17日，含当日）前20个交易日股票交易均价的70%。 本次询价认购的报价结束后，中信证券将对有效认购进行累计统计，依次按照价格优先、数量优先、时间优先的原则确定转让价格。 公告表示，本次询价转让不通过集中竞价交易或大宗交易方式进行，不属于通过二级市场减持。受让方通过询价转让受让的股份，在受让后6个月内不得 转让。此外，本次询价转让的受让方为具备相应定价能力和风险承受能力的机构投资者。 ...

Investment Rating - The report provides a "Buy" rating for the industry, predicting that the stock price will outperform the Shanghai Composite Index by 15% or more within six months [56]. Core Insights - The global commercial space launch sector is undergoing a profound cost restructuring, shifting from a one-time manufacturing model to a reusable cost model. Traditional rockets have a hardware manufacturing cost share of about 67%, while emerging commercial rockets reduce this to around 24% through reusable designs [3][27]. - The launch market from 2024 to 2025 is expected to exhibit an absolute oligopoly, with launch service providers monopolizing orders and exerting control over the supply chain [5][42]. Summary by Sections 1. Cost Structure of Commercial Rockets - The cost breakdown of rockets shows that the first stage accounts for 60-70% of total costs, with engines being the most significant component, comprising over 50% of the first stage cost [13][27]. - The Falcon 9 rocket's cost structure indicates that the marginal cost of reuse is significantly lower than that of traditional rockets, with costs dropping to approximately $2,720 per kilogram in reusable mode [27][28]. 2. Industry Chain Benefits from Launch Volume - Launch service providers benefit directly from increased launch frequency and larger contracts, with revenue correlating to the number of launch tasks [4][35]. - The demand for reusable components and high-frequency replacement parts is expected to grow, driven by the need for higher reliability and maintenance of reusable systems [36]. 3. Investment Recommendations - Beneficiary stocks include companies involved in rocket manufacturing and space computing, such as Aerospace Power, Superjet, and West Materials, among others [6][52][53].