Core Viewpoint - The company has reported its third-quarter financial results and has made significant decisions regarding asset impairment provisions and corporate governance changes [17][21]. Financial Data - The company has not audited its third-quarter financial statements [3]. - The total amount of asset impairment provisions for the third quarter is 16,960,269.98 yuan, which includes provisions for accounts receivable and contract assets [21][24]. Corporate Governance - The company has revised its articles of association and internal control systems, eliminating the supervisory board and transferring its powers to the audit committee of the board [6][8]. - The company has elected a new board of directors and appointed a new general manager [8][9]. Shareholder Information - The company’s major shareholder, Sen Gong Group, has pledged 52 million shares, accounting for 24.05% of its holdings and 7.27% of the total share capital [6]. - There are ongoing legal proceedings involving the company, with a total of 57 cases amounting to approximately 12,308.50 million yuan [13]. Cash Management - The company has utilized temporarily idle raised funds for cash management, including structured deposits and government bond reverse repos, with specific amounts detailed [10][12].

Financial Performance - The company's operating revenue for the third quarter reached CNY 337,992,609.38, an increase of 13.20% compared to the same period last year[3] - Total profit for the third quarter was CNY 22,628,575.00, reflecting a significant increase of 40.72% year-on-year[3] - Net profit attributable to shareholders for the third quarter was CNY 1,205,064.48, up 62.62% compared to the same period last year[3] - Basic earnings per share for the third quarter was CNY 0.0017, representing a 70.00% increase year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached ¥1,022,017,067.46, an increase of 13.7% compared to ¥899,047,565.69 in the same period of 2024[31] - Net profit for the first three quarters of 2025 was ¥52,793,856.05, compared to ¥46,248,751.60 in the previous year, representing an increase of 14.0%[33] - The company reported a total profit of ¥95,477,246.28 for the first three quarters of 2025, compared to ¥72,365,041.37 in the same period of 2024, marking a growth of 32.0%[32] - Earnings per share (EPS) for the first three quarters of 2025 was ¥0.0345, up from ¥0.0299 in the same period of 2024, indicating a growth of 15.4%[33] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was CNY 300,248,566.48, an increase of 66.16% compared to the previous year[3] - Operating cash flow for the first nine months of 2025 was CNY 300,248,566.48, an increase of 66.5% compared to CNY 180,700,533.49 in the same period of 2024[37] - Total cash inflow from investment activities was CNY 1,731,774,395.57, significantly higher than CNY 753,340,046.10 in the previous year[38] - Net cash flow from investment activities was -CNY 620,077,812.62, worsening from -CNY 241,608,901.34 year-over-year[38] - Cash and cash equivalents at the end of September 2025 stood at CNY 471,564,046.02, down from CNY 350,827,427.97 at the end of September 2024[38] - The company raised 1,099,000,000.00 RMB through financing activities in the first three quarters of 2025, compared to 340,200,000.00 RMB in the same period of 2024, reflecting an increase of approximately 223.5%[48] - The net cash flow from financing activities for the first three quarters of 2025 was -34,793,808.21 RMB, an improvement from -70,861,194.63 RMB in the same period of 2024[48] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,035[11] - The largest shareholder, China Jilin Forest Industry Group Co., Ltd., holds 30.24% of the shares, totaling 216,254,080 shares[11] - The direct controlling shareholder, China Jilin Forest Industry Group, holds 30.24% of the company's shares, while its concerted action partner, Qianyang Forestry Company, holds 0.69%, totaling 30.93%[12] - As of the end of the reporting period, 52,000,000 shares held by the controlling shareholder are pledged, accounting for 24.05% of their total shares and 7.27% of the company's total share capital[13] - Shareholder Zhao Zhihua released a pledge on 4,500,000 shares, which is 10.65% of his total shares and 0.63% of the company's total share capital; remaining pledged shares amount to 27,220,000, or 64.43% of his total shares and 3.81% of the company's total share capital[14] - Jilin Province Jisheng Asset Management Company has pledged 2,406,333 shares, which is 0.34% of the company's total share capital, and has 1,207,434 shares frozen, accounting for 0.17%[14] Governance and Management - The company has revised its articles of association and internal control systems, eliminating the supervisory board and transferring its powers to the audit committee of the board of directors[15] - The company appointed a new board of directors and management team, with Cheng Yu elected as chairman and Wang Huaibo as general manager[17][18] - The company has updated its governance structure to enhance operational efficiency and compliance with regulatory requirements[16] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 4,376,412,991.81, a slight increase of 0.44% from the end of the previous year[4] - The company's total assets amounted to CNY 2,789,501,643.44, slightly down from CNY 2,807,245,955.37 at the end of 2024[41] - Total liabilities amounted to ¥2,909,419,737.13, slightly down from ¥2,938,169,561.19[28] - The company's total liabilities decreased from 2,773.43 million RMB to 2,311.40 million RMB as of September 30, 2025[27] - The company's long-term equity investments increased slightly from 45.02 million RMB to 46.22 million RMB[27] Legal Matters - The company and its subsidiaries have faced a total of 57 lawsuits and arbitrations in the past 12 months, with a total amount involved of approximately 123.09 million RMB, accounting for 10.16% of the latest audited net assets[25]

Core Insights - The company reported a revenue of approximately 1.022 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 13.68% [1] - The net profit attributable to the parent company reached approximately 24.6738 million yuan, reflecting a year-on-year growth of 15.20% [1] Financial Performance - Revenue for the first three quarters: 1.022 billion yuan, up 13.68% year-on-year [1] - Net profit attributable to the parent company: 24.6738 million yuan, up 15.20% year-on-year [1]

Core Insights - The company, Quan Yang Quan, is a leading producer of natural mineral water from Changbai Mountain, with a full industry chain advantage and a scarce water source [1] Financial Performance - For Q3 2025, Quan Yang Quan reported revenue of 1.022 billion yuan, ranking 7th in the industry, with the top competitor, Dongpeng Beverage, generating 16.844 billion yuan [2] - The company's net profit for the same period was 52.7939 million yuan, placing it 6th in the industry, while Dongpeng Beverage led with a net profit of 3.76 billion yuan [2] Profitability and Debt - As of Q3 2025, the company's asset-liability ratio was 66.48%, significantly higher than the industry average of 40.04% [3] - The gross profit margin stood at 36.17%, which is below the industry average of 37.58% [3] Leadership - The chairman, Cheng Yu, holds a PhD in law and has a rich background in various leadership roles, while the general manager, Wang Huaibo, has a degree in economics and extensive experience in the industry [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 6.64% to 40,000, while the average number of shares held per shareholder increased by 7.12% to 17,900 [5]

Group 1 - The company, Quan Yang Quan, announced on October 30 that the provision for asset impairment will reduce its net profit by approximately 16.96 million yuan for the third quarter of 2025 [1] - For the first half of 2025, the revenue composition of Quan Yang Quan is as follows: mineral water accounts for 78.77%, door products business accounts for 12.66%, greening maintenance accounts for 6.19%, and others account for 2.39% [1] - As of the report date, the market capitalization of Quan Yang Quan is 5.1 billion yuan [2]

证券代码：600189 证券简称:泉阳泉 公告编号： 临 2025—061 吉林泉阳泉股份有限公司 关于计提资产减值准备的公告 本公司及董事会全体成员保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实、准确和完整承担法律责任。 吉林泉阳泉股份有限公司（以下简称"公司"）于 2025 年 10 月 30 日召开 第十届董事会临时会议，会议审议通过《关于计提资产减值准备的议案》。现将 本次计提资产减值准备的具体情况公告如下： 一、计提资产减值准备情况概述 为客观、公允地反映公司 2025 年 9 月 30 日的财务状况和 2025 年第三季度 的经营成果，本着谨慎性原则，按照《企业会计准则》以及公司会计政策的相关 规定，2025 年第三季度公司计提各项资产减值准备合计 16,960,269.98 元，其 中 : 计 提 应 收 账 款 坏 账 准 备 18,011,533.16 元 , 转 回 应 收 账 款 坏 账 准备 12,457,551.96 元；计提其他应收款坏账准备 1,509,395.41 元；计提合同资产 减值准备 9,896,893.37 元。 二、计提资产减值准备的确认 ...

吉林泉阳泉股份有限公司 2025 年第三季度报告 证券代码：600189 证券简称：泉阳泉 吉林泉阳泉股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏， 并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ●公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记 载、误导性陈述或重大遗漏，并承担法律责任。 ●公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财 务信息的真实、准确、完整。 ●第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 337,992,609.38 | 13.20 | 1,022,017,067. ...

证券代码：600189 证券简称：泉阳泉 公告编号： 临 2025—060 第十届董事会临时会议决议公告 本公司及董事会全体成员保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实、准确和完整承担法律责任。 吉林泉阳泉股份有限公司（以下简称"公司"）于 2025 年 10 月 23 日以通讯 方式向公司董事发出召开第十届董事会临时会议通知，会议于 2025 年 10 月 30 日以现场和电子会议方式召开。应参加会议的董事 9 人，实际参加会议的董事 9 人。本次董事会的召开符合有关法律、法规和《公司章程》的有关规定，会议合 法有效。 会议审议并通过了以下议案： 1、《2025 年第三季度报告》 公司第十届董事会审计委员会对《2025 年第三季度报告》进行了事前审议， 并发表了一致同意的意见。 具体内容详见公司同日于上海证券交易所网站（http://www.sse.com.cn） 披露的公司《2025 年第三季度报告》。 表决结果：9 票同意，0 票反对，0 票弃权。 2、关于计提资产减值准备的议案 公司 2025 年第三季度计提各项资产减值准备合计 16,960,269.98 元。 吉林 ...

Core Viewpoint - The company reported a positive financial performance in the third quarter, with significant year-on-year growth in both revenue and net profit [1] Financial Performance - In the third quarter, the company achieved an operating revenue of 338 million yuan, representing a year-on-year increase of 13.20% [1] - The net profit attributable to shareholders in the third quarter was 1.2051 million yuan, showing a substantial year-on-year growth of 62.62% [1] - For the first three quarters, the company recorded an operating revenue of 1.022 billion yuan, which is a year-on-year increase of 13.68% [1] - The net profit attributable to shareholders for the first three quarters reached 24.6738 million yuan, reflecting a year-on-year growth of 15.20% [1]

证券代码：600189 证券简称：泉阳泉 公告编号：临 2025—059 吉林泉阳泉股份有限公司 特此公告。 吉林泉阳泉股份有限公司 二〇二五年十月二十九日 关于使用暂时闲置自有资金购买国债逆回购的 进展公告 本公司、董事会全体成员及相关股东保证公告内容不存在任何虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实、准确和完整承担法律责任。 2025 年 3 月 28 日，吉林泉阳泉股份有限公司（以下简称"公司"）第九届 董事会第六次会议、第九届监事会第六次会议审议通过了《关于使用暂时闲置自 有流动资金购买国债逆回购产品的议案》，同意公司及控股子公司在保证日常经 营所需资金及资金安全的前提下，使用单日余额不超过 3 亿元人民币（在上述额 度及决议有效期内可循环使用）的暂时闲置自有流动资金购买上海证券交易所、 深圳证券交易所挂牌交易的国债逆回购产品；投资期限自公司董事会审议通过之 日起 12 个月内；在决议有效期和额度范围内，董事会授权公司董事长及其授权 人员行使该项投资决策权并签署相关合同文件，由公司财务部负责组织具体实施 和管理，授权期限自 2025 年 3 月 28 日至 2026 年 3 月 29 日内 ...