投资者关系活动记录表 编号：2025-039 投资者关系活动 类别 ☑ 特定对象调研 □分析师会议 □媒体采访 □新闻发布会 ☑ 现场参观 □业绩说明会 □路演活动 □其他： 参与单位名称 华夏基金 浙商证券 时间 2025 年 12 月 2 日 地点 公司会议室 上市公司接待人 员姓名 副总经理、董事会秘书 向碧琼女士 证券事务代表 王占超先生 投资者关系活动 主要内容介绍 一、基本情况介绍 公司是专业从事物联网智能化产品的研发、生产和销售的高 新技术企业、专精特新"小巨人"企业，以通信、定位、AI等技 术应用为核心，基于自研无线通信模组，为物联网众多应用场景 提供智能终端产品及配套解决方案。 公司始终秉承"智慧赋能万物，共创美好未来"的使命，坚 持"成就客户、创新驱动、博大务实、品质至上"的经营理念， 依托"通信+定位+AI"底层核心技术与"模组+平台+终端"业务 模式，深耕车联网，广泛布局物联网，致力于成为全球的物联网 智能化应用解决方案专家。 2024 年度，公司实现营业收入 14.02 亿元，较上年同期增 加 24.85%，实现归属于上市公司股东的净利润 1.76 亿元，较上 年同期增加 0.81% ...

Core Viewpoint - The stock of Bosijie has experienced fluctuations, with a year-to-date increase of 24.11% but a recent decline in the last five trading days by 1.34% and 4.81% over the last 20 days [2][3]. Group 1: Stock Performance - As of December 2, Bosijie shares fell by 2.03%, trading at 83.82 CNY per share, with a total market capitalization of 7.459 billion CNY [1]. - The stock has seen a trading volume of 42.27 million CNY, with a turnover rate of 1.25% [1]. - Year-to-date, the stock has appeared on the "Dragon and Tiger List" four times, with the most recent net purchase of 52.66 million CNY on February 28 [2]. Group 2: Financial Performance - For the period from January to September 2025, Bosijie reported a revenue of 1.272 billion CNY, reflecting a year-on-year growth of 21.66%, and a net profit attributable to shareholders of 180 million CNY, up 33.95% [3]. - Cumulative cash dividends since the A-share listing amount to 131 million CNY [4]. Group 3: Shareholder Structure - As of November 20, the number of Bosijie's shareholders decreased by 4.23% to 8,514, while the average circulating shares per person increased by 4.42% to 4,690 shares [3]. - Notable changes in the top ten circulating shareholders include the entry of Huashang Credit Enhanced Bond A as the sixth largest shareholder, holding 607,500 shares [4].

Group 1 - The company is primarily engaged in the research, development, production, and sales of IoT intelligent products [2] - Some products related to commercial vehicle monitoring terminals and other smart hardware fall under AI terminal applications [2] - Currently, the company has not ventured into the field of humanoid robots [2]

Group 1: Company Overview - The company specializes in the research, production, and sales of IoT intelligent products, recognized as a high-tech enterprise and a "specialized and innovative" small giant [1] - The mission is to empower through intelligence and create a better future, focusing on customer success, innovation, pragmatism, and quality [1] - In 2024, the company achieved a revenue of CNY 1.402 billion, a year-on-year increase of 24.85%, and a net profit of CNY 176 million, up 0.81% from the previous year [2] Group 2: Business Performance - In the first three quarters of 2025, the company reported a revenue of CNY 1.272 billion, a 21.66% increase year-on-year, and a net profit of CNY 180 million, reflecting a 33.95% increase [2] - The company is experiencing a product upgrade wave in the smart transportation sector, with policies promoting the replacement of traditional vehicle recorders with advanced models [2] Group 3: Strategic Initiatives - The company is expanding its "going global" strategy, increasing the number of overseas clients and entering the supply chain of an overseas automotive brand [3] - In the smart sleep terminal sector, the company aims to enhance product functionality based on customer needs and expand its market presence [3] - The company is actively pursuing innovation and application expansion in various fields, including smart campuses, smart cities, and smart offices [3] Group 4: Supply Chain Management - The company has strategically stocked a certain quantity of key raw materials, including storage chips, to meet short-term needs [4] - The impact of rising storage chip prices is limited due to their low proportion in the company's operating costs [4]

Core Insights - The stock price of Boshi Technology fell by 2.00% on November 26, closing at 83.26 CNY per share, with a total market capitalization of 7.409 billion CNY [1] - The company has seen a year-to-date stock price increase of 23.28%, but a decline of 11.29% over the past 20 days [1] Company Overview - Boshi Technology, established on June 4, 2009, is located in Longhua District, Shenzhen, Guangdong Province, and is set to be listed on August 1, 2024 [2] - The company specializes in the research, design, production, and sales of IoT smart hardware products, including intelligent vehicle terminals (38.80% of revenue), smart travel components (28.42%), and other smart hardware [2] - As of November 20, 2023, the number of shareholders decreased by 4.23% to 8,514, while the average circulating shares per person increased by 4.42% to 4,690 shares [2] Financial Performance - For the period from January to September 2025, Boshi Technology reported a revenue of 1.272 billion CNY, representing a year-on-year growth of 21.66%, and a net profit attributable to shareholders of 180 million CNY, up 33.95% year-on-year [2] - The company has distributed a total of 131 million CNY in dividends since its A-share listing [3] Shareholder Structure - As of September 30, 2025, the top ten circulating shareholders include new entrants such as Huashang Credit Enhanced Bond A, holding 607,500 shares [3] - Other notable changes include a decrease in holdings by Xin'ao New Energy Industry Stock A, which reduced its shares by 20,100 [3]

Core Insights - The company, Shenzhen Bosijie Technology Co., Ltd., specializes in the research, design, production, and sales of IoT smart hardware products, including intelligent vehicle terminals and smart travel components [2] Financing and Trading Activity - On November 20, Bosijie experienced a trading increase of 0.40%, with a total transaction volume of 57.48 million yuan. The financing buy-in amounted to 3.67 million yuan, while financing repayment was 5.69 million yuan, resulting in a net financing outflow of 2.02 million yuan [1] - As of November 20, the total margin trading balance for Bosijie was 10.3 million yuan, representing 2.82% of its circulating market value, which is above the 50th percentile level over the past year, indicating a relatively high financing balance [1] Business Performance - For the period from January to September 2025, Bosijie reported a revenue of 1.272 billion yuan, reflecting a year-on-year growth of 21.66%. The net profit attributable to shareholders was 180 million yuan, marking a 33.95% increase compared to the previous year [2] Shareholder Information - As of November 10, the number of shareholders for Bosijie was 8,890, an increase of 0.52% from the previous period. The average circulating shares per person decreased by 0.52% to 4,492 shares [2] - The company has distributed a total of 131 million yuan in dividends since its A-share listing [3] Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders included Huashang Credit Enhanced Bond A, which became a new shareholder holding 607,500 shares. Other notable changes included a decrease in holdings by Xin'ao New Energy Industry Stock A [3]

Core Insights - The stock price of Bosijie increased by 2.01% on November 20, reaching 84.60 CNY per share, with a market capitalization of 7.529 billion CNY [1] - The company has seen a year-to-date stock price increase of 25.26%, but has experienced a decline of 3.15% over the last five trading days [1] Company Overview - Bosijie Technology Co., Ltd. was established on June 4, 2009, and is located in Longhua District, Shenzhen, Guangdong Province [2] - The company specializes in the research, design, production, and sales of IoT smart hardware products, including intelligent vehicle terminals, smart travel components, and intelligent payment hardware [2] - The revenue composition is as follows: intelligent vehicle terminals (38.80%), smart travel components (28.42%), other smart hardware (23.20%), intelligent payment hardware (4.94%), and wireless communication modules (4.62%) [2] Financial Performance - For the period from January to September 2025, Bosijie achieved a revenue of 1.272 billion CNY, representing a year-on-year growth of 21.66% [2] - The net profit attributable to shareholders for the same period was 180 million CNY, reflecting a year-on-year increase of 33.95% [2] Shareholder Information - As of November 10, 2025, the number of shareholders increased by 0.52% to 8,890, while the average circulating shares per person decreased by 0.52% to 4,492 shares [2] - The company has distributed a total of 131 million CNY in dividends since its A-share listing [3] Institutional Holdings - As of September 30, 2025, Huashang Credit Enhanced Bond A is the sixth largest circulating shareholder with 607,500 shares, marking a new entry [3] - Other notable changes include a decrease in holdings by Xin'ao New Energy Industry Stock A, which held 601,900 shares, down by 20,100 shares from the previous period [3]

Core Insights - The company, Bosijie Technology Co., Ltd., reported a revenue of 1.272 billion yuan for the period from January to September 2025, reflecting a year-on-year growth of 21.66% [2] - The net profit attributable to the parent company for the same period was 180 million yuan, showing a year-on-year increase of 33.95% [2] - As of November 18, 2023, the financing balance of Bosijie was 104 million yuan, accounting for 2.78% of its market capitalization, indicating a relatively high level of financing activity [1] Financing and Trading Activity - On November 18, 2023, Bosijie experienced a financing buy-in of 5.6626 million yuan, with a net financing buy of 288,300 yuan after repayments [1] - The total margin trading balance for Bosijie reached 104 million yuan, which is above the 50th percentile of the past year [1] - There were no short-selling activities reported on November 18, with a short-selling balance of 0 yuan, indicating a lack of bearish sentiment [1] Shareholder and Institutional Holdings - As of November 10, 2023, the number of shareholders for Bosijie increased to 8,890, a rise of 0.52% from the previous period [2] - The average number of circulating shares per shareholder decreased by 0.52% to 4,492 shares [2] - Notable institutional holdings include Huashang Credit Enhanced Bond A, which became the sixth largest shareholder with 607,500 shares, while several other funds exited the top ten list of shareholders [3]

Group 1 - The core viewpoint of the article highlights that 博实结 (Bo Shi Jie) has engaged with investors through a research meeting, indicating active communication and transparency with stakeholders [1] - For the fiscal year 2024, 博实结's revenue composition shows a significant reliance on the Internet of Things (IoT), which accounts for 98.16% of total revenue, while other industries contribute only 1.84% [1] - As of the report, 博实结's market capitalization stands at 7.8 billion yuan [1] Group 2 - The article also notes a broader economic context where China's total export value has reached a historical high, despite a decline in exports to the United States, suggesting a shift in trade dynamics [1]

Group 1: Company Overview - The company specializes in the research, production, and sales of IoT intelligent products, focusing on communication, positioning, and AI technologies [1] - It aims to become a global expert in IoT intelligent application solutions, adhering to the mission of "empowering everything with wisdom" [1] - In 2024, the company achieved a revenue of CNY 1.402 billion, a year-on-year increase of 24.85%, and a net profit of CNY 176 million, an increase of 0.81% [1] - For the first three quarters of 2025, the company reported a revenue of CNY 1.272 billion, up 21.66%, and a net profit of CNY 180 million, an increase of 33.95% [2] Group 2: Product Development and Advantages - The company has developed its own wireless communication modules, which provide advantages over externally sourced modules, including reduced R&D cycles and improved product reliability [2] - The self-developed modules cover mainstream communication standards such as 2G, 3G, 4G, and NB-IoT, enhancing the company's competitive edge [2] - The company has expanded its application scenarios from smart transportation to various IoT applications, building a comprehensive technical architecture [2] Group 3: Market Trends and Growth Factors - The company's "going global" strategy has led to a steady increase in overseas customers and sales regions, contributing to rapid growth in operating performance [3] - The smart transportation, smart travel, and smart sleep sectors are experiencing technological upgrades and product innovations, driving demand for the company's products [3] - The rise of AI technologies is creating diverse market demands for "AI edge" applications, positioning the company to capitalize on these opportunities [4]