| 第一章 | 總 則 | | | | | | | | | | | | | | | | | | | | | | | | | | | 3 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 第二章 | | 經營宗旨和範圍 | | | | | | | | | | | | | | | | | | | | | | | | | | 5 | | 第三章 | 股 份 | | | | | | | | | | | | | | | | | | | | | | | | | | | 5 | | | | | | | | | | | | | | 第一節 | | | | | | | | | | 股份發行 | | | | | | 5 | | | | | | | | | | | | | | 第二節 | | | | | | | | | | 股 ...

Core Insights - 弘业期货 is a significant player in the Chinese futures industry, established in 1995 and listed on the Shenzhen Stock Exchange in 2022, with a comprehensive range of services including futures brokerage and investment consulting [1] Group 1: Business Performance - In Q3 2025, 弘业期货 reported revenue of 462 million yuan, ranking fourth among four companies in the industry, with the top competitor, 永安期货, generating 8.355 billion yuan [2] - The revenue breakdown shows that the commodity trading and risk management business contributed 216 million yuan, accounting for 67.03% of total revenue, while futures brokerage and asset management contributed 106 million yuan, making up 32.97% [2] - The net profit for the same period was 2.0897 million yuan, also ranking fourth in the industry, with the leading company, 永安期货, achieving a net profit of 475 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, 弘业期货's asset-liability ratio stood at 85.10%, slightly higher than the previous year's 84.51% but lower than the industry average of 86.06% [3] - The gross profit margin for 弘业期货 was 0.23%, significantly lower than the previous year's 0.97% and far below the industry average of 20.28% [3] Group 3: Executive Compensation - The chairman, 储开荣, received a salary of 783,300 yuan in 2024, an increase of 232,700 yuan from 2023 [4] - The general manager, 赵伟雄, earned 151,900 yuan in 2024 [4] Group 4: Shareholder Information - As of January 31, 2023, the number of A-share shareholders decreased by 78.71% to 40,900 [5] - The average number of circulating A-shares held per shareholder increased to 2,462.44, up by 369.78 shares [5] - By September 30, 2025, the seventh largest circulating shareholder was 香港中央结算有限公司, holding 2.8647 million shares, a decrease of 3.2006 million shares from the previous period [5]

Financial Performance - Total revenue for the third quarter of 2025 was RMB 139,249,323.84, representing a decrease of 85.48% compared to the same period last year[11]. - Net profit attributable to shareholders for the quarter was RMB 5,695,374.68, an increase of 57.36% year-over-year[11]. - Basic earnings per share for the quarter was RMB 0.0057, up 56.98% compared to the same period last year[11]. - Net profit attributable to shareholders for the year-to-date period was RMB 2,089,726.41, down 87.27% compared to the same period last year[11]. - Total operating revenue decreased by 76.77% to ¥461,782,507.83 compared to ¥1,987,514,255.44 in the same period last year[21]. - Operating profit decreased by 94.46% to ¥1,064,977.18 from ¥19,221,377.68, primarily due to reduced brokerage income and net interest income[24]. - Total profit dropped by 93.16% to ¥1,487,510.52 from ¥21,756,815.18, mainly due to decreased brokerage income and net interest income[24]. - Net profit decreased by 87.27% to ¥2,089,726.41 from ¥16,419,986.60, reflecting a significant reduction in total profit[25]. - Total comprehensive income for the current period is 200,542.79, a significant decrease from 15,093,914.36 in the previous period[40]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 12,532,567,660.71, reflecting a growth of 7.12% from the previous year[14]. - Total assets of the company as of September 30, 2025, amounted to CNY 12,532,567,660.71, an increase from CNY 11,699,369,620.88 at the beginning of the period, reflecting a growth of approximately 7.1%[34]. - The company's total liabilities increased to CNY 10,200,000,000, with a notable rise in payable margin deposits to CNY 9,925,702,816.22 from CNY 8,812,672,179.43, which is an increase of around 12.6%[35]. - Total liabilities increased from CNY 9,822,590,967.55 to CNY 10,665,666,242.37, representing a growth of 8.6%[36]. - Total equity attributable to shareholders decreased by 0.53% to RMB 1,866,901,418.34[14]. - Total equity attributable to shareholders rose slightly from CNY 1,866,901,418.34 to CNY 1,876,778,653.33, an increase of 0.6%[36]. Cash Flow - Cash flow from operating activities for the year-to-date period decreased by 64.13% to RMB 874,254,026.51[11]. - Cash inflow from operating activities totals 4,353,731,129.04, compared to 5,163,680,068.13 in the previous period, indicating a decline of approximately 15.6%[43]. - Net cash flow from operating activities is 874,254,026.51, down from 2,436,949,452.19, reflecting a decrease of about 64.1%[44]. - Cash inflow from investment activities is 16,284,329,874.91, an increase from 13,442,079,240.90 in the previous period[44]. - Cash inflow from financing activities is 110,721,640.00, significantly higher than 5,000,000.00 in the previous period[45]. - The ending cash and cash equivalents balance is 7,696,230,855.06, up from 6,915,986,078.89 in the previous period[45]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 54,428[26]. - The largest shareholder, Jiangsu Suhao Holding Group Co., Ltd., holds 27.33% of shares, totaling 275,456,777 shares[28]. - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 24.78% of shares, totaling 249,681,239 shares[28]. - The number of shares released from lock-up on August 8, 2025, was 431,642,122 shares, accounting for 42.83% of the total share capital and 56.94% of the A-share capital[32]. - The company has no significant changes in the participation of major shareholders in the securities lending business[29]. - The company has not disclosed any related party transactions or concerted actions among the top shareholders[29]. Other Financial Metrics - The weighted average return on net assets for the quarter was 0.31%, an increase of 60.71% year-over-year[11]. - The company reported a net profit excluding non-recurring gains and losses of RMB 5,519,223.26, up 74.57% year-over-year[11]. - Other comprehensive income after tax decreased by 42.46% to -¥1,889,183.62, mainly due to foreign exchange fluctuations[25]. - Comprehensive income total decreased by 98.67% to ¥200,542.79 from ¥15,093,914.36, primarily due to the reduction in net profit[25]. - The company’s long-term equity investments slightly increased to CNY 8,768,835.07 from CNY 8,709,774.28, showing a marginal growth[35]. - The derivative financial liabilities rose to CNY 37,170,223.03 from CNY 9,859,658.01, indicating a significant increase in financial obligations[35]. - The company has approved a cash dividend distribution plan for the fiscal year 2024, with dividends to be distributed on August 8, 2025[30]. Operational Changes - The company did not report any significant new product developments or market expansion strategies during the quarter[11]. - The company has not undergone an audit for the third quarter financial report[46].

Core Points - 弘业期货 has received a notice from its shareholder, 江苏弘苏实业有限公司, regarding the expiration of the judicial enforcement plan [1] - The company disclosed that from July 30, 2025, to October 27, 2025, 弘苏实业 plans to reduce its shareholding by a total of 30.23 million shares, which is approximately 3% of the total share capital [1] - As of the date of the announcement, 弘苏实业 has already executed the reduction of 15.68 million shares, accounting for approximately 1.5564% of the current total share capital [1] Summary by Category Shareholder Actions - 弘苏实业 will reduce its holdings through centralized bidding and block trading, with 10.08 million shares (1%) through centralized bidding and 20.16 million shares (2%) through block trading planned for reduction [1] - The remaining shares to be reduced under the judicial enforcement plan amount to 14.55 million shares [1] Judicial Enforcement - The judicial enforcement period has expired, and the company has reported the execution of shares during this period [1] - The total shares executed so far include 10.77 million shares through centralized bidding and 5.61 million shares through block trading [1]

智通财经APP讯，弘业期货(03678)发布公告，公司近日收到股东江苏弘苏实业有限公司(以下简称"弘苏 实业")出具的《关于股东司法强制执行计划期限届满的告知函》，获悉：2025年7月25日公司披露的 《关于股东所持部分股份可能会被司法强制执行的提示性公告》(2025-037)，自2025年7月30日至2025年 10月27日，弘苏实业因被司法强制执行将以集中竞价交易方式被动减少公司股份1007.78万股(约占公司 总股本的1%)，以大宗交易方式被动减少公司股份2015.56万股(约占公司总股本的2%)，总共计划减少 3023.33万股(约占公司总股本的3%)。截至本公告日，前述司法强制执行期限已经届满，在司法强制执 行期限内，弘苏实业已通过集中竞价交易方式被司法强制执行1007.77万股，已通过大宗交易方式被司 法强制执行560.72万股，合计减少1568.49万股，占公司当前总股本的1.5564%。本次司法强制执行计划 剩余股数1454.84万股。 ...

弘业期货10月28日晚间公告，2025年第三季度实现营业收入1.39亿元，同比下降85.48%；归属于上市公 司股东的净利润569.54万元，同比增长57.36%；基本每股收益0.0057元。前三季度实现营业收入4.62亿 元，同比下降76.77%；归属于上市公司股东的净利润208.97万元，同比下降87.27%；基本每股收益 0.0021元。 ...

Core Insights - Hongye Futures (03678) reported a total operating revenue of 462 million yuan for the first three quarters, representing a year-on-year decrease of 76.77% [1] - The net profit attributable to the parent company was 2.0897 million yuan, down 87.27% year-on-year [1] - The basic earnings per share stood at 0.0021 yuan [1]

前三季度营收约为4.61亿元，同比下降76.77%。净利润约为209万元，同比下降87.27%。 格隆汇10月28日丨弘业期货(03678.HK)公布2025年第三季度报告。营收约为人民币1.39亿元，同比减少 85.48%。净利润约为570万元，同比增加57.36%。基本每股收益为0.0057元。 ...

Core Insights - 弘业期货 reported a significant decline in financial performance for the first three quarters of 2025, with a revenue of 462 million yuan, down 76.77% year-on-year [1] - The company's net profit attributable to shareholders was 2.09 million yuan, a decrease of 87.27% compared to the previous year [1] - Basic earnings per share stood at 0.00 yuan, indicating a challenging financial environment [2] Financial Performance - The gross profit margin for the first three quarters of 2025 was 0.23%, down 0.74 percentage points year-on-year [2] - The net profit margin was 0.45%, a decline of 0.37 percentage points from the same period last year [2] - The weighted average return on equity was 0.11% [2] Market Metrics - As of October 28, 2025, the price-to-earnings ratio (TTM) was approximately 846.33 times, with a price-to-book ratio of about 6.09 times and a price-to-sales ratio of 5.23 times [2] - The total number of shareholders decreased to 54,400, a drop of 8,206 shareholders or 13.10% from the previous half-year [2] - The average market value per shareholder fell from 257,100 yuan to 204,800 yuan, a decline of 20.35% [2] Company Overview - 弘业期货, established on July 31, 1995, is located in Nanjing, Jiangsu Province, and was listed on August 5, 2022 [2] - The company primarily engages in commodity futures brokerage, financial futures brokerage, futures investment consulting, asset management, fund sales, and financial asset investment [2] - The revenue composition includes 67.03% from commodity trading and risk management, and 32.97% from futures brokerage and asset management [2] Industry Classification - 弘业期货 is classified under the non-bank financial sector, specifically in diversified finance and futures [3] - The company is associated with several concept sectors, including Jiangsu state-owned assets, mid-cap stocks, state-owned enterprise reform, futures concept, and H-shares [3]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 就 因 本 公 告 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 Holly Futures （ 於中華人民共和國註冊成立的股份有限公司 ， 中文公司名稱蘇豪弘業期貨股 份有限公司 ， 在香港 以 Holly Futures 的名義開展業務 ） ( 「 本 公 司 」 ) （股 份 代 號：3678） 海外監管公告 证券代码：001236 证券简称： 公告编号：2025-054 蘇豪弘業期貨股份有限公司 關於股東司法強制執行計劃期限屆滿的公告 本公告乃本公司根據香港聯合交易所有限公司證券上市規則第13.10B條而作 出。 茲 載 列 本 公 司 於 深 圳 證 券 交 易 所 網 站 刊 發 之《蘇 豪 弘 業 期 貨 股 份 有 限 公 司 關 於 股 東 司 法 強 制 執 行 計 劃 期 限 屆 滿 的 公 告》，僅 供 參 閱。 承董事會命 董事長兼執行董事 儲開榮先生 中國南京 2025年10月28日 ...