Beijing Stock Exchange Listed Company Jiankang Technology Announces Simplified Procedure for Private Placement Authorization

Securities Daily reporter Meng Ke

On March 26, the BeiJing Stock Exchange-listed company Jikang Technology released an announcement proposing to request authorization from its shareholders’ meeting for its board of directors to issue shares to specific parties through a simplified procedure. This makes it the second listed company, and the first in the Beijing area, to disclose announcements related to simplified-procedure refinancing after the Beijing Stock Exchange rolled out a comprehensive package of measures to optimize refinancing.

Jikang Technology is a leading domestic provider of comprehensive solutions for secure monitoring Internet of Things services. Its main business includes the research and development, production, and sales of intelligent monitoring sensors (precision sensors and intelligent data acquisition devices). At the same time, it also provides secure monitoring IoT system integration and operations and maintenance services. It is widely used in areas such as geological disaster prevention, underground engineering safety, water conservancy and hydropower, and building safety. It is a nationally recognized “Little Giant” enterprise in the specialized, refined, distinctive, and new (专精特新) category.

In 2025, Jikang Technology achieved operating revenue of approximately RMB 407 million, a year-on-year increase of 14.32%; net profit of approximately RMB 82.3115 million, a year-on-year increase of about 6.87%. The company’s profitability remains steady. With both its revenue scale and profit quality improving, Jikang Technology demonstrates its sustained competitive advantages in the security monitoring IoT niche market, and also provides solid fundamental support for this refinancing.

On February 9, 2026, in accordance with the CSRC’s unified deployment, the Beijing Stock Exchange introduced a package of policy measures to optimize refinancing, focusing on strengthening market functions and better supporting the high-quality development of innovative small and medium-sized enterprises. The core content of this optimization includes increasing support for refinancing by high-quality listed companies and enhancing the inclusiveness and convenience of the refinancing system, among others. The aim is to establish a demand-driven, reasonable follow-on financing mechanism, provide efficient and convenient financing services for innovative small and medium-sized enterprises, give full play to the role of the capital market in optimizing resource allocation, and guide capital to flow in an orderly and rational manner.

According to the relevant rules of the Beijing Stock Exchange, directed placements through the simplified procedure have the characteristics of “small amount and fast speed.” The review efficiency is significantly improved compared with conventional procedures, which can effectively shorten corporate financing cycles and reduce financing costs. Jikang Technology was the first to respond to the Beijing Stock Exchange’s comprehensive package of optimized refinancing measures, actively exploring paths for refinancing through simplified procedures. This is both a pragmatic move by the company to seize policy opportunities in the capital market and drive innovation through financing, and a vivid reflection of the continued optimization of the refinancing ecosystem on the Beijing Stock Exchange. It will provide a reference and lessons learned for more Beijing Stock Exchange-listed companies to make good use of refinancing tools and achieve high-quality development.