Core Viewpoint - The news highlights a significant stock reduction by a supervisor of Jiean High-Tech, indicating potential shifts in shareholder confidence and market dynamics [1][2]. Group 1: Stock Trading Activity - On July 4, 2025, supervisor Du Yanqi reduced his holdings by 287,200 shares at an average price of 10.88 yuan, totaling a transaction value of 3.1247 million yuan, leaving him with 7.3245 million shares [1][2]. - The company has seen various stock trading activities from its executives, with notable transactions occurring on February 7, 2024, and October 10-11, 2023, involving both increases and decreases in shareholdings [2]. Group 2: Company Overview - Jiean High-Tech specializes in computer network technology services, software development, and various engineering services, with a focus on integrated equipment sales and technical consulting [1]. - As of December 31, 2024, the company's revenue from its main business segments includes 303 million yuan from rail transit simulation training systems (78.98%), 38.67 million yuan from safety operation simulation training systems (10.07%), and 24.60 million yuan from ship equipment simulation products (6.41%) [1]. Group 3: Market Capitalization - The total market capitalization of Jiean High-Tech is reported to be 2.238 billion yuan [3].

Financial Performance - The company achieved operating revenue of 38,388.05 million yuan in 2024, a year-on-year increase of 7.84% [3] - The net profit attributable to shareholders was 5,493.25 million yuan, up 9.12% year-on-year [3] - The net profit after deducting non-recurring gains and losses was 5,276.71 million yuan, reflecting an increase of 11.15% year-on-year [3] - In Q1 2025, operating revenue grew by 4.85%, but net profit attributable to shareholders decreased by 41.61% due to increased depreciation and costs from the stock incentive plan [4] Inventory and Cost Management - The company improved its inventory turnover rate through enhanced inventory management and information technology applications [2] - The decline in gross margin for the emergency safety simulation training system by 13.74% was attributed to changes in market demand and a higher proportion of hardware costs [3] Strategic Initiatives - The company plans to transition from an equipment supplier to a digital service provider in vocational education through the implementation of an AI-based vocational education platform [5] - The digital service model includes comprehensive digital education solutions and intelligent upgrades for training [5] Market Position and Competition - The competitive landscape remains stable, with new competitors entering the market; however, the company leverages over 20 years of industry experience to maintain its market position [6] - The company is optimistic about future industry prospects, driven by national policies promoting digital transformation in vocational education [8] Value Management and Investor Relations - The company emphasizes continuous revenue and profit growth, achieving 3.84 billion yuan in revenue for 2024, a 7.84% increase [10] - A proactive dividend policy has been maintained, with a proposed distribution of 3.5 yuan per 10 shares and a total cash dividend of 183.35 million yuan since listing [10] - The company is committed to transparent information disclosure and enhancing investor relations through various communication channels [12]