Core Viewpoint - The cancellation of the high-tech enterprise qualification for Kuaiji Elevator will negatively impact its financial performance and future funding opportunities [1][5][6]. Group 1: Company Announcement - Kuaiji Elevator announced on December 3 that it has been stripped of its high-tech enterprise qualification for the years 2021 to 2023 by several government bodies [1]. - Following the announcement, the company's stock price fell over 8% on December 4, closing at 9.16 yuan per share, a decline of 7.01% [2]. Group 2: Financial Impact - The cancellation of the high-tech qualification will lead to an increase in corporate income tax from 15% to 25%, which is expected to reduce profits and affect return rates [5]. - The company reported a total revenue of 9.51 billion yuan for the first three quarters of 2025, a year-on-year decrease of 14.82%, and a net profit of 520.62 million yuan, down 38.97% year-on-year [6]. - Kuaiji Elevator's performance has fluctuated over the years, with a peak revenue of 19.84 billion yuan and a net profit of 2.81 billion yuan in 2021, followed by declines in 2022 and 2024 [6]. Group 3: Industry Context - The main reasons for the cancellation of high-tech qualifications among companies include insufficient proportion of technical personnel, inadequate R&D expenditure intensity, and lack of documentation, which account for 91% of such cancellations [5]. - The loss of high-tech status also affects eligibility for national and local technology project funding, innovation funds, and technology transformation funds, potentially impacting cash flow and R&D capabilities [5]. Group 4: Financial Metrics - Kuaiji Elevator's gross margin has decreased from 41.25% in 2021 to 24.94% in 2024, while net margin has dropped from 14.14% to 8.37% during the same period [6]. - As of the third quarter of 2025, the gross margin and net margin further declined to 22.23% and 5.48%, respectively [6].

Core Viewpoint - Junxin Co., Ltd. (301109.SZ) has decided not to apply for the high-tech enterprise qualification due to not meeting the revenue criteria, despite having obtained the high-tech enterprise certificate valid for three years [1] Group 1: High-Tech Enterprise Qualification - The company received the high-tech enterprise certificate from relevant authorities on October 18, 2022, which is valid for three years [1] - According to the regulations, a high-tech enterprise must have at least 60% of its revenue from high-tech products in the past year, which the company does not meet [1] - The company will not apply for the high-tech enterprise qualification at this time [1] Group 2: Impact on Operations - The decision not to apply for the qualification will not significantly impact the company's daily operations or overall performance [1] - The main reason for this decision is that the company's total revenue primarily comes from its controlling subsidiaries [1] - The company has not yet benefited from the tax incentives associated with high-tech enterprise status [1]

文/梧桐兄弟 近期，心脉医疗（688016）披露《关于收到税务事项通知书需补缴税款的公告》，上海微创心脉医疗科技（集团）股份有限公司（以下简称"公司"）收到国家税 务总局上海市浦东新区税务局第二税务所（以下简称"浦东新区税务局第二税务所"）发来的《税务事项通知书》（沪税浦二通〔2024〕1186号）。 据公告， 1、 2024年8月14日 ，上海市高新技术企业认定指导小组发布《关于2024年上海市第二批取消高新技术企业资格的公告》（沪高企认指〔2024〕005号，以下简 称"取消高企资格公告"）， 因公司累计两年（2021年、2022年）未填报企业年度发展情况报表被取消高新技术企业资格，取消起始年度为2023年。 2、2024年11月29日，浦东新区税务局第二税务所依据取消高企资格公告向公司发出《税务事项通知书》， 因公司被取消高新技术企业资格，税务机关按规定追缴 公司不符合认定条件年度起（即2023年）已享受的税收优惠，并要求缴纳滞纳金。 3、根据《中华人民共和国税收征收管理法》第三十二条等规定， 经公司初步测算，需补缴的税款及滞纳金合计约为人民币6,000-7,000万元，对净利润的影响预计 占公司最近一 ...