Core Viewpoint - Kesi Technology (688788.SH), referred to as "China's version of Palantir," experienced a significant stock drop following the announcement of its actual controller and director Liu Jiande being placed under investigation by a national supervisory committee [1][3]. Company Overview - Kesi Technology was established on February 27, 2004, focusing on the research, development, manufacturing, and sales of electronic information equipment, including chips, devices, and systems [5]. - The company went public on the STAR Market in October 2020 and has been compared to Palantir and Anduril due to its strategic positioning in the military electronics sector [5]. Management Changes - Liu Jiande, who has been a key figure in the company, resigned as General Manager two months prior to the investigation, citing "operational development needs and personal work arrangements" [4][5]. - Following a board reshuffle in July, Liu Jiande was not re-elected as Chairman but remained a member of the board and a committee member [4][5]. Financial Performance - Kesi Technology reported a revenue of 235 million yuan in 2024, a year-on-year decline of 0.39%, and a net loss attributable to shareholders of 268 million yuan, a significant drop of 31.94%, marking the third consecutive year of losses [5][6]. - In Q1 2025, the company achieved a revenue of 21 million yuan, a year-on-year increase of 45.24%, but still reported a net loss of 58 million yuan, down 9% year-on-year [5]. Operational Status - The company stated that the recent investigation into Liu Jiande has not significantly impacted its normal operations, with daily management being handled by senior management [4][6]. - Kesi Technology faced challenges earlier in the year, including the freezing of some bank accounts due to contractual disputes, although some accounts were unfrozen by July [6].
开盘跌停,实控人被留置前两月卸任要职