证券日报网讯12月3日，佳都科技（600728）在互动平台回答投资者提问时表示，根据公司2025年半年 报披露，公司业务主要涉及行业智能化产品及运营服务、行业智能解决方案、ICT产品与服务解决方 案。 ...

Group 1 - The core point of the news is that Jiadu Technology's stock has experienced fluctuations, with a year-to-date increase of 42.09% but a recent decline in the last 5 and 20 trading days [1] - As of November 5, Jiadu Technology's stock price was 6.65 CNY per share, with a total market capitalization of 14.182 billion CNY [1] - The company has seen a net outflow of main funds amounting to 10.384 million CNY, with significant selling pressure observed [1] Group 2 - Jiadu Technology, established on September 30, 2001, is based in Guangzhou, China, and was listed on July 16, 1996 [2] - The company's main business includes intelligent security, intelligent transportation, value-added communication, and IT comprehensive services, with revenue composition being 72.51% from ICT products and services [2] - For the period from January to September 2025, Jiadu Technology achieved operating revenue of 7.096 billion CNY, representing a year-on-year growth of 46.90%, and a net profit attributable to shareholders of 189 million CNY, up 197.85% year-on-year [2] Group 3 - Jiadu Technology has distributed a total of 501 million CNY in dividends since its A-share listing, with 39.4846 million CNY distributed in the last three years [3] - As of September 30, 2025, the number of shareholders increased to 163,000, while the average circulating shares per person decreased by 36.80% [2][3] - Among the top ten circulating shareholders, the Southern CSI 1000 ETF holds 19.5039 million shares, a decrease of 297,900 shares compared to the previous period [3]

Core Insights - The company, Jiadu Technology, is a leading provider of artificial intelligence technologies and products in China, with core businesses including smart security and smart transportation, showcasing a differentiated advantage across the entire industry chain [1] Financial Performance - In Q3 2025, Jiadu Technology achieved a revenue of 7.096 billion, ranking 8th among 131 companies in the industry, while the top company, Digital China, reached 102.365 billion [2] - The net profit for the same period was 189 million, placing the company 16th in the industry, with the leading company, Unisplendour, reporting a net profit of 1.723 billion [2] Profitability and Debt - As of Q3 2025, Jiadu Technology's debt-to-asset ratio was 48.33%, higher than the industry average of 38.93% [3] - The gross profit margin stood at 9.68%, which is below the industry average of 29.96% [3] Shareholder Information - As of June 30, 2025, the number of A-share shareholders decreased by 14.28% to 103,000, while the average number of circulating A-shares held per shareholder increased by 16.10% to 20,700 [5] - By September 30, 2025, the Southern CSI 1000 ETF was the seventh-largest circulating shareholder, holding 19.504 million shares, a decrease of 297,900 shares from the previous period [5] Leadership Compensation - The chairman of Jiadu Technology, Chen Jiao, received a salary of 133,300 for 2024 [4]

Core Viewpoint - Jiadou Technology's stock price has shown significant fluctuations, with a year-to-date increase of 52.14% and a recent decline over the past 20 days, indicating volatility in market performance [1]. Financial Performance - For the first half of 2025, Jiadou Technology reported revenue of 4.919 billion yuan, representing a year-on-year growth of 65.22%. The net profit attributable to shareholders was 135 million yuan, reflecting a substantial increase of 170.47% [2]. - The company has distributed a total of 501 million yuan in dividends since its A-share listing, with 39.4846 million yuan distributed over the past three years [3]. Stock Market Activity - As of September 25, Jiadou Technology's stock was trading at 7.12 yuan per share, with a market capitalization of 15.184 billion yuan. The stock experienced a net outflow of 28.5324 million yuan in principal funds on that day [1]. - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent instance on August 28, where it recorded a net buy of -118 million yuan [1]. Shareholder Structure - As of June 30, 2025, Jiadou Technology had 103,000 shareholders, a decrease of 14.28% from the previous period. The average number of circulating shares per shareholder increased by 16.10% to 20,702 shares [2]. - Notable new shareholders include Hong Kong Central Clearing Limited and Southern CSI 1000 ETF, holding 25.0353 million shares and 19.8018 million shares, respectively [3]. Business Overview - Jiadou Technology, established in 2001 and listed in 1996, operates in various sectors including intelligent security, intelligent transportation, value-added communication, and IT comprehensive services. The main revenue sources are ICT products and services (72.51%), industry intelligent solutions (25.18%), and other segments [1].

Core Points - The financial management system of the company aims to standardize financial behaviors, enhance internal controls, clarify economic responsibilities, prevent operational risks, and protect the legal rights of shareholders and creditors [2][5][6] - The company establishes a clear division of financial management responsibilities and authorities under a centralized management system [5][8] - The financial management center is responsible for organizing, coordinating, controlling, and supervising the company's financial activities [4][8] Financial Management Framework - The board of directors is accountable to the shareholders' meeting and exercises financial management powers according to the company's articles of association [2][3] - Independent directors have special powers in financial management, including reviewing financial information and supervising internal controls [2][3] - The financial director is responsible for the company's financial activities and reports to the CEO [3][4] Budget Management - The company implements comprehensive budget management and strict budget control, with annual financial budgets prepared at the end of each year [8][9] - Financial budgets include business income, costs, expenses, investments, and cash flow forecasts [8][9] - Any financial expenditures exceeding budget limits require a formal adjustment application process [8][9] Fundraising and Borrowing - The company manages long-term and short-term borrowings, requiring approval from the board for amounts exceeding the chairman's authority [7][9] - Borrowing costs are capitalized if they relate to qualifying assets, while other borrowing costs are recognized as expenses [7][9] Cash Management - The company promotes electronic payments and bank transfers, minimizing cash transactions [9][10] - Cash receipts must be deposited promptly, and cash management must comply with national regulations [9][10] Accounts Receivable Management - The company categorizes accounts receivable based on credit risk and calculates expected credit losses [11][12] - Business departments are responsible for assessing customer creditworthiness and ensuring timely collection of receivables [11][12] Fixed Asset Management - Fixed assets are managed under a three-tier responsibility system, with specific departments responsible for direct management, accounting, and supervision [15][16] - The company conducts regular inventory checks and maintains detailed records of fixed assets [15][16] Intangible Assets and Long-term Expenses - The company manages intangible assets, including patents and trademarks, ensuring compliance with relevant regulations [24][25] - Long-term expenses are amortized over their useful lives, with specific guidelines for different types of expenses [27][28]