截至9月30日，科森科技股东户数9.43万，较上期增加27.57%；人均流通股5884股，较上期减少 21.61%。2025年1月-9月，科森科技实现营业收入24.53亿元，同比减少6.45%；归母净利润-1.15亿元， 同比增长50.94%。 分红方面，科森科技A股上市后累计派现2.83亿元。近三年，累计派现7168.05万元。 责任编辑：小浪快报 今年以来科森科技已经20次登上龙虎榜，最近一次登上龙虎榜为9月22日，当日龙虎榜净买入1.31亿 元；买入总计3.56亿元 ，占总成交额比17.40%；卖出总计2.25亿元 ，占总成交额比11.01%。 资料显示，昆山科森科技股份有限公司位于江苏省昆山开发区新星南路155号，成立日期2010年12月1 日，上市日期2017年2月9日，公司主营业务涉及精密压铸、锻压、冲压、CNC、激光切割、激光焊 接、MIM、精密注塑等制造工艺、技术为基础,以精密模具设计、生产为支撑,为苹果、亚马逊、谷歌、 美敦力等国际、国内知名客户提供消费电子、医疗器械、汽车(含新能源汽车)、液晶面板、电子烟等终 端产品所需精密金属、塑胶结构件产品的研发、制造以及部分工艺服务。主营业务收入构成 ...

Core Insights - Kosen Technology's stock price increased by 2.05% on November 6, reaching 13.41 CNY per share, with a total market capitalization of 7.441 billion CNY [1] - The company has seen a year-to-date stock price increase of 71.92%, with a recent 5-day increase of 6.18% and a 20-day decrease of 5.16% [1] - Kosen Technology's main business includes precision die-casting, forging, stamping, CNC, laser cutting, and other manufacturing processes, serving major clients like Apple, Amazon, and Google [2] Financial Performance - For the first nine months of 2025, Kosen Technology reported revenue of 2.453 billion CNY, a year-on-year decrease of 6.45%, while the net profit attributable to shareholders was -115 million CNY, reflecting a 50.94% year-on-year increase [2] - The company has distributed a total of 283 million CNY in dividends since its A-share listing, with 71.68 million CNY distributed over the past three years [3] Shareholder Information - As of September 30, Kosen Technology had 94,300 shareholders, an increase of 27.57% from the previous period, with an average of 5,884 circulating shares per shareholder, a decrease of 21.61% [2]

11月5日，科森科技盘中上涨2.12%，截至13:33，报13.03元/股，成交3.35亿元，换手率4.72%，总市值 72.30亿元。 资金流向方面，主力资金净流出338.99万元，特大单买入1172.80万元，占比3.50%，卖出1543.44万元， 占比4.61%；大单买入5956.19万元，占比17.79%，卖出5924.54万元，占比17.70%。 科森科技今年以来股价涨67.05%，近5个交易日涨1.56%，近20日跌9.89%，近60日涨45.59%。 今年以来科森科技已经20次登上龙虎榜，最近一次登上龙虎榜为9月22日，当日龙虎榜净买入1.31亿 元；买入总计3.56亿元 ，占总成交额比17.40%；卖出总计2.25亿元 ，占总成交额比11.01%。 资料显示，昆山科森科技股份有限公司位于江苏省昆山开发区新星南路155号，成立日期2010年12月1 日，上市日期2017年2月9日，公司主营业务涉及精密压铸、锻压、冲压、CNC、激光切割、激光焊 接、MIM、精密注塑等制造工艺、技术为基础,以精密模具设计、生产为支撑,为苹果、亚马逊、谷歌、 美敦力等国际、国内知名客户提供消费电子、医疗器械、汽车( ...

Core Viewpoint - Kosen Technology (603626) clarified that its main business is consumer electronics structural components and does not produce solid-state battery products [1] Summary by Relevant Sections - **Business Focus** - The company specializes in consumer electronics structural components [1] - **Financial Reporting** - The company disclosed that it will release its third-quarter report on October 29, 2025 [1]

Investment Rating - The report initiates coverage with a "Buy" rating for BYD Electronics [1][7]. Core Insights - The report emphasizes BYD Electronics' competitive advantages and growth potential across its various business segments, including consumer electronics, automotive electronics, and new business layouts in AIDC and robotics [6]. - The company is positioned as the 7th largest EMS globally, benefiting from the transformation cycle in consumer electronics materials and vertical integration to enhance value [6][19]. - The report highlights expected profit growth, with net profits projected to reach RMB 48.9 billion, RMB 67.0 billion, and RMB 88.9 billion for 2025-2027, representing year-on-year growth rates of 15%, 37%, and 33% respectively [7]. Summary by Sections 1. Company Overview - BYD Electronics is a leading high-tech EMS provider, leveraging core technologies in electronic information, AI, 5G, and IoT to offer comprehensive product solutions [19]. - The company has a strong focus on material and process innovation, capturing opportunities in the transformation of mobile device materials [19][25]. 2. Financial Data and Profit Forecast - Revenue projections for 2023 to 2027 are as follows: RMB 129.96 billion, RMB 177.31 billion, RMB 194.70 billion, RMB 221.78 billion, and RMB 240.89 billion, with growth rates of 21.2%, 36.4%, 9.8%, 13.9%, and 8.6% respectively [5]. - The expected net profit for the same period is RMB 4.04 billion, RMB 4.27 billion, RMB 4.89 billion, RMB 6.70 billion, and RMB 8.89 billion, with growth rates of 117.6%, 5.5%, 14.6%, 37.1%, and 32.7% respectively [5]. 3. Business Segments - Consumer Electronics: The company focuses on deepening its business with Apple, expecting Apple-related revenue to account for 69% of its business by 2024 [6]. - Automotive Electronics: The company benefits from the smart upgrade cycle of its parent company, with revenue from this segment reaching RMB 12.45 billion in the first half of 2025, a year-on-year increase of 60.5% [6]. - New Business: The report discusses the potential of AIDC and robotics, with significant advancements in liquid cooling and power supply products certified by NVIDIA [6][9]. 4. Investment Analysis - The report provides a cautious target PE of 18 times for 2026, leading to a target market capitalization of RMB 120.6 billion, indicating an upside potential of 55% [7]. - The report identifies catalysts for stock price performance, including increased supply share of structural components to overseas clients and advancements in new product lines [10].

Core Viewpoint - Kosen Technology (603626) has issued a stock trading risk warning due to its stock price hitting the daily limit for three consecutive trading days, indicating a significant recent price increase and potential short-term decline risk [1] Company Overview - Kosen Technology specializes in the production of structural components for consumer electronics [1] - The company has been mistakenly identified by media as a player in the AI glasses sector, but it does not manufacture AI glasses or their structural components [1] - Kosen Technology has also been associated with the foldable screen sector; however, it primarily relies on a single customer for its foldable screen hinge assembly business, which only contributed 2.10% to total revenue in the first half of 2025 [1]

Core Viewpoint - The stock of Kosen Technology experienced an abnormal trading fluctuation, with a cumulative closing price increase of 20% over two consecutive trading days on September 16 and 17, 2025, attributed to its mention in AI glasses and foldable screen concept stocks by the media [1] Group 1: Company Operations - Kosen Technology's main business is the production of consumer electronics structural components [1] - The company clarified that it does not manufacture AI glasses or their structural components [1] - The foldable screen hinge assembly business relies on a single customer, and the revenue generated from this segment accounted for only 2.10% of total revenue in the first half of 2025, indicating minimal impact on overall performance [1]

Core Viewpoint - The stock of Kunshan Kosen Technology Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative closing price increase of 20% over two consecutive trading days on September 16 and 17, 2025 [2][4]. Group 1: Stock Trading Abnormality - The company's stock price deviation reached a cumulative increase of 20% over two trading days, qualifying as an abnormal trading situation according to the Shanghai Stock Exchange rules [2][4]. - The company confirmed that there were no undisclosed significant matters after self-examination and verification with controlling shareholders and actual controllers [3][5]. Group 2: Business Operations - The company specializes in the production of structural components for consumer electronics, and its current production and operational conditions are normal without significant changes in the internal and external business environment [5]. - The company does not manufacture AI glasses or their structural components, despite being listed in media reports as part of the AI glasses concept stock [3][7]. - The folding screen hinge assembly business accounts for only 2.10% of total revenue in the first half of 2025, indicating minimal impact on overall performance [3][7]. Group 3: Major Events and Market Sentiment - There are no undisclosed major events or information that could significantly impact the company's stock price, including major asset restructuring, share issuance, or significant business cooperation [6][8]. - The company has not engaged in any stock trading by directors, supervisors, senior management, or controlling shareholders during the abnormal trading period [8]. Group 4: Financial Performance - The company reported a net loss of 476.83 million yuan for the fiscal year 2024 and a net loss of 105.21 million yuan for the first half of 2025 [11].

Core Viewpoint - The stock of Kosen Technology (603626.SH) experienced a significant price fluctuation, with a cumulative increase of 20% over two consecutive trading days, which is classified as an abnormal trading situation according to Shanghai Stock Exchange regulations [1] Group 1: Company Operations - Kosen Technology's main business is the production of structural components for consumer electronics [1] - The company has been mistakenly identified by media as a player in the AI glasses sector; however, it does not manufacture AI glasses or their structural components [1] - Kosen Technology has also been associated with the foldable screen concept; yet, it only has a single customer for its foldable screen hinge assembly business, which relies on externally sourced components [1] Group 2: Financial Impact - The revenue generated from the foldable screen hinge assembly business accounted for only 2.10% of the total revenue in the first half of 2025, indicating that this segment does not significantly impact the company's overall performance [1]

Core Viewpoint - The stock of Kosen Technology (603626.SH) experienced a significant price fluctuation, with a cumulative increase of 20% over two consecutive trading days, which is classified as an abnormal trading situation according to the Shanghai Stock Exchange regulations [1] Group 1: Company Operations - Kosen Technology's main business is the production of structural components for consumer electronics [1] - The company has been mistakenly identified by media as a player in the AI glasses sector; however, it does not manufacture AI glasses or their structural components [1] - Kosen Technology has also been associated with the foldable screen concept; yet, upon self-examination, it confirmed that its foldable screen hinge assembly business relies on a single customer and uses externally sourced components, contributing only 2.10% to total revenue in the first half of 2025, thus having a negligible impact on overall performance [1]