赛维时代科技股份有限公司 2025 年第三季度报告 证券代码：301381 证券简称：赛维时代 公告编号：2025-066 赛维时代科技股份有限公司 2025 年第三季度报告 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。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完 整。 3.第三季度财务会计报告是否经过审计 □是 否 1 赛维时代科技股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年 | 年初至报告期末 | 年初至报告期末 | | --- | --- | --- | --- | --- | | | | 同期增减 | 比上年同期增减 | | | 营业收入（元） | 2,842,831,362.58 | 8.33% | 8,1 ...

证券代码：301381 证券简称：赛维时代 公告编号：2025-067 赛维时代科技股份有限公司 第四届董事会第七次会议决议公告 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。 一、董事会会议召开情况 赛维时代科技股份有限公司（以下简称"公司"）第四届董事会第七次会议 于 2025 年 10 月 27 日在公司会议室以现场与通讯表决相结合的方式召开。会议 通知于 2025 年 10 月 24 日以邮件方式送达各位董事，各位董事确认收悉。会议 由公司董事长陈文平先生主持，应出席董事 9 人，实际出席董事 9 人（其中董 事陈文辉先生、王志伟先生、张贞智先生、江百灵先生、吴星宇先生、郭东先 生以通讯方式出席了本次会议），公司全体高级管理人员列席了会议。会议的 召开符合《中华人民共和国公司法》（以下简称"《公司法》"）和《赛维时代 科技股份有限公司章程》（以下简称"《公司章程》"）和《赛维时代科技股份 有限公司董事会议事规则》的有关规定。 二、董事会会议审议情况 经全体与会董事认真审议，形成以下决议： 1.审议通过了《关于公司<2025 年第三季度报告>的议案》 经 ...

Market Overview - The internet e-commerce sector increased by 0.8% on October 27, with Xin Xun Da leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Individual Stock Performance - Xin Xun Da (300518) closed at 15.09, with a rise of 11.04% and a trading volume of 338,000 shares, totaling a transaction value of 517 million yuan [1] - Kuaijingtong (002640) closed at 5.12, up 4.07%, with a trading volume of 2.119 million shares [1] - Saiwei Times (301381) closed at 23.66, increasing by 2.65% with a trading volume of 54,100 shares [1] - Other notable performers include Xinghui Co. (300464) and Huakai Yibai (300592), with increases of 2.36% and 1.55% respectively [1] Capital Flow Analysis - The internet e-commerce sector saw a net inflow of 70.5 million yuan from institutional investors, while retail investors experienced a net outflow of 2.2 million yuan [2][3] - Kuaijingtong (002640) had a significant net inflow of 106 million yuan from institutional investors, while retail investors saw a net outflow of 80.8 million yuan [3] - Xin Xun Da (300518) recorded a net inflow of 10.9 million yuan from institutional investors, with retail investors experiencing a net outflow of 52 million yuan [3]

Core Insights - The company, Saiwei Times Technology Co., Ltd., has successfully acquired a core land parcel in Longgang District, Shenzhen, for 154 million yuan, which will be used to establish a "Global Innovation and Digital Operations Center" [1][2] - This acquisition marks a strategic shift from a "light asset" model to a "heavy layout" approach, aimed at strengthening the company's long-term development foundation [1] - The project is expected to require an investment of approximately 1 billion yuan, raising questions about funding sources and potential impacts on short-term cash flow and debt ratios [1] Company Developments - The acquired land spans 26,863.91 square meters with a planned construction area of 139,298 square meters, and the land use period is set for 30 years [2] - The new center will integrate core business functions such as product research and development, brand incubation, supply chain management, and digital operations, enhancing the company's comprehensive service capabilities in the cross-border e-commerce sector [2][4] - The location is strategically positioned near major transportation lines, which will facilitate operational efficiency [2] Financial Performance - In the first half of 2025, the company reported total revenue of 5.346 billion yuan, a year-on-year increase of 27.96%, with the apparel and accessories segment generating 3.930 billion yuan, up 30.91% [3] - The net cash flow from operating activities reached 510 million yuan, reflecting a significant year-on-year growth of 365.65% [3] - The company has established a multi-brand matrix, with notable revenue contributions from brands such as COOFANDY, EKOUAER, and AVIDLOVE, all showing steady growth [3] Industry Context - The land acquisition by Saiwei Times is part of a broader trend among leading cross-border e-commerce companies, such as Anker Innovations and Zongteng Group, which are also establishing industrial bases in Shenzhen [3] - The establishment of the new center is expected to alleviate development space constraints and leverage regional industrial clustering advantages to deepen digital and intelligent transformation [4]

据悉，该项目定位为 "全球创新及数字化运营中心"，建成后将全面整合产品研发、品牌孵化、供应链 管理及数字化运营等核心业务功能。赛维时代表示，运营中心的落地将极大提升企业在跨境电商领域的 综合服务能力，进一步巩固其在细分市场的核心竞争优势，为链接全球市场搭建更坚实的产业载体。 2025 年以来，跨境电商行业持续笼罩在关税政策波动的 "阴霾" 中，美国等主要市场反复调整的关税规 则让不少卖家面临利润压缩、成本高企的双重压力，行业整体承压前行。但就在这样的挑战格局下，头 部企业正以战略布局突。 近日，跨境电商龙头企业赛维时代科技股份有限公司（以下简称 "赛维时代"）宣布，已通过法定程序 成功竞得深圳市龙岗区核心地块，成交价 1.54亿元，将用于建设 "全球创新及数字化运营中心"，标志 着企业正式开启从 "轻资产" 向 "重布局" 的战略转型，为长期发展筑牢根基。 2025 年以来跨境电商行业受美国关税政策波动影响较大，赛维时代上半年营收高涨、净利润承压，缘 何逆势重资产布局？此次拿地及后续项目建设预计将持续投入约 10 亿元资金，资金来源与融资方式是 什么，会否对公司短期现金流和资产负债率产生影响？ 就上述问题，南 ...

Market Overview - On October 23, the internet e-commerce sector declined by 0.48%, with Qingmu Technology leading the drop [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Stock Performance - Notable gainers in the internet e-commerce sector included: - Xinjinda (300518) with a closing price of 13.52, up 3.84% on a trading volume of 109,600 shares and a turnover of 146 million yuan [1] - Jiaodian Technology (002315) closed at 44.40, up 2.94% with a trading volume of 58,500 shares and a turnover of 255 million yuan [1] - Conversely, significant decliners included: - Yumu Technology (301110) which fell by 6.88% to a closing price of 70.49 with a trading volume of 55,000 shares and a turnover of 38.7 million yuan [2] - Yiwan Yichuang (300792) decreased by 3.52% to 29.34, with a trading volume of 129,700 shares and a turnover of 379 million yuan [2] Capital Flow - The internet e-commerce sector experienced a net outflow of 28.67 million yuan from institutional investors and 45.72 million yuan from speculative funds, while retail investors saw a net inflow of 74.39 million yuan [2] - Detailed capital flow for selected stocks showed: - Xinjinda (300518) had a net outflow of 21.82 million yuan from institutional investors [3] - Jiaodian Technology (002315) saw a net inflow of 18.16 million yuan from institutional investors [3] - Qingmu Technology (301110) had a net inflow of 14.98 million yuan from institutional investors [3]

Market Overview - On October 22, the internet e-commerce sector declined by 0.87%, with 壹网壹创 leading the drop [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Stock Performance - Key stocks in the internet e-commerce sector showed varied performance, with 新迅达 closing at 13.02, up 0.93%, and 壹网壹创 closing at 30.41, down 2.09% [1][2] - The trading volume and turnover for selected stocks indicate active trading, with 跨境通 recording a turnover of 235 million yuan [1] Capital Flow - The internet e-commerce sector experienced a net outflow of 174 million yuan from institutional investors, while retail investors saw a net inflow of 127 million yuan [2] - Specific stocks like 青木科技 had a net inflow of 10.23 million yuan from institutional investors, while ST通葡 saw a significant net outflow of 2.81 million yuan [3]

Group 1 - The core point of the article is the establishment of a new subsidiary by Saiwei Times, named Shenzhen Zhichuang Yuntu Technology Co., Ltd., which focuses on various AI-related businesses [1] - The registered capital of the new company is 10 million yuan, indicating a significant investment in the AI sector [1] - The business scope of the new subsidiary includes AI industry application system integration services, AI application software development, general AI application systems, and AI basic software development [1]

Core Insights - Shenzhen Zhichuang Yuntu Technology Co., Ltd. has been established with a registered capital of 10 million yuan [1] - The company's business scope includes artificial intelligence industry application system integration services, AI application software development, general AI application systems, and foundational AI software development [1] - The company is wholly owned by Saiwei Times [1]

Market Overview - On October 17, the internet e-commerce sector declined by 3.34%, with Qingmu Technology 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] Individual Stock Performance - Qingmu Technology (301110) closed at 73.25, down 7.76% with a trading volume of 45,400 shares and a transaction value of 342 million [1] - Ruoyuchen (003010) closed at 44.49, down 7.54% with a trading volume of 185,800 shares and a transaction value of 836 million [1] - Kaichun Co. (301001) closed at 29.66, down 4.38% with a trading volume of 18,900 shares and a transaction value of 57.2 million [1] - Other notable declines include JiaoDian Technology (002315) down 4.02% and Guolian Co. (603613) down 3.43% [1] Capital Flow Analysis - The internet e-commerce sector experienced a net outflow of 123 million from main funds, while retail investors saw a net inflow of 124 million [1] - Notable capital flows include: - Xinghui Co. (300464) with a main fund net inflow of 21.66 million and a retail net outflow of 24.54 million [2] - Qingmu Technology (301110) with a main fund net outflow of 1.61 million and a retail net inflow of 12.49 million [2] - ST Tongpu (600365) with a significant main fund net outflow of 3.06 million, but a retail net inflow of 0.85 million [2]