Core Insights - The apple futures sector experienced a 1.01% increase on November 5, with Changcheng Electric leading the gains [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] Stock Performance - Changcheng Electric (600192) closed at 11.01, with a rise of 6.27% and a trading volume of 647,800 shares, amounting to a transaction value of 714 million yuan [1] - Guotou Zhonglu (600962) closed at 21.52, up 1.18%, with a trading volume of 28,300 shares and a transaction value of 60.63 million yuan [1] - Andeli (605198) closed at 47.00, with a 0.75% increase, trading 16,000 shares for a total of 7.49 million yuan [1] - Xinyangfeng (000902) closed at 14.78, up 0.48%, with a trading volume of 71,900 shares and a transaction value of 106 million yuan [1] - Honghui Wushu (603336) closed at 9.24, down 0.11%, with a trading volume of 71,800 shares and a transaction value of 66.1 million yuan [1] - ST Langyuan (300175) closed at 6.23, down 1.11%, with a trading volume of 61,900 shares and a transaction value of 38.78 million yuan [1] Capital Flow - The apple futures sector saw a net inflow of 48.55 million yuan from main funds, while retail funds experienced a net outflow of 20.28 million yuan [1] - Changcheng Electric had a main fund net inflow of 66.95 million yuan, but retail funds saw a net outflow of 29.42 million yuan [2] - Xinyangfeng had a small main fund net inflow of 2.55 million yuan, with retail funds showing a net inflow of 2.13 million yuan [2] - Guotou Zhonglu experienced a minor main fund net inflow of 115,000 yuan, with retail funds showing a net inflow of 622,670 yuan [2] - Andeli had a main fund net outflow of 4.37 million yuan, but retail funds had a net inflow of 766,530 yuan [2] - ST Langyuan saw a significant main fund net outflow of 7.76 million yuan, while retail funds had a net inflow of 348,780 yuan [2] - Honghui Wushu had a main fund net outflow of 8.94 million yuan, with retail funds showing a net inflow of 788,690 yuan [2]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603897 证券简称：长城科技公告编号：2025-027 浙江长城电工科技股份有限公司 关于筹划控制权变更事项的停牌公告 因浙江长城电工科技股份有限公司（以下简称"公司"）实际控制人顾林祥先生、沈宝珠女士正在筹划可 能导致公司控制权发生变更的重大事项,本公司的相关证券停复牌情况如下： ■ 公司于2025年11月2日收到公司实际控制人顾林祥先生、沈宝珠女士的通知，实际控制人顾林祥先生、 沈宝珠女士正在筹划公司股份协议转让事宜，该事项可能导致公司控制权发生变更。 鉴于上述事项尚存在重大不确定性，为保证公平信息披露，维护投资者利益，避免公司股价异常波动， 根据《上海证券交易所上市公司自律监管指引第4号一一停复牌》、《上海证券交易所股票上市规则》 等相关规定，经向上海证券交易所申请，本公司股票将于2025年11月3日（星期一）开市起停牌，预计 停牌时间不超过2个交易日。停牌期间，公司将根据上述事项进展情况，严格按照有关法律法规的规定 和要求履行信息披露义务。待上述事项确定后，公司将及时发布相关公告并申请股票复牌。 公司所有公开披露的信息以指定媒体《上海证券 ...

证券代码：600192 证券简称：长城电工 公告编号：2025-51 兰州长城电工股份有限公司 2025年第二次临时股东会决议公告 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： 本次会议是否有否决议案：无 (四)表决方式是否符合《公司法》及《公司章程》的规定，股东会主持情况等。 本次会议采用现场投票与网络投票相结合的方式召开及表决。会议由董事会 召集，由董事长刘万祥先生主持。会议的召集和召开程序符合《公司法》及《公 司章程》的规定。 (五)公司董事和董事会秘书的出席情况 1、公司在任董事9人，出席9人； 一、 会议召开和出席情况 (一)股东会召开的时间：2025 年 10 月 31 日 (二)股东会召开的地点：公司 13 楼会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 581 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 176,850,214 | | 3、出席会议的股东所持有表决权股份数占公司有 ...

甘肃陇达律师事务所 关于兰州长城电工股份有限公司 2025 年第二次临时股东会的法律意见 本所律师按照律师行业公认的业务标准、道德规范和勤勉尽责精神，对公司提供 的文件和有关事实进行了核查和验证，现出具法律意见如下： 一、 本次股东会的召集、召开程序 甘陇股字（2025）第 3 号 致：兰州长城电工股份有限公司 兰州长城电工股份有限公司（以下简称"公司"）2025 年第二次临时股东会 （以下简称"本次股东会"）采取现场投票与网络投票相结合的方式，现场会议于 2025 年 10 月 31 日（星期五）下午 15:00 在甘肃省兰州市七里河区瓜州路 4800 号 甘肃国投大厦 13 楼会议室召开。甘肃陇达律师事务所（以下简称"本所"）接受 公司聘任，指派本所律师参加本次股东会现场会议，并根据《中华人民共和国公司 法》、《中华人民共和国证券法》（以下简称"《证券法》"）、中国证券监督管 理委员会《上市公司股东会规则》（以下简称"《股东会规则》"）以及《兰州长 城电工股份有限公司章程》（以下简称"《公司章程》"）等有关规定，就本次股 东会的召集、召开程序、出席现场会议人员的资格、召集人资格、会议表决程序及 表决结果等 ...

Group 1 - The core viewpoint of the article highlights the financial performance of Great Wall Electric (SH 600192), which reported a revenue of approximately 1.095 billion yuan for the first three quarters of 2025, reflecting a year-on-year decrease of 11.46% [1] - The net profit attributable to shareholders of the listed company was a loss of approximately 159 million yuan, with a basic earnings per share loss of 0.3589 yuan [1] - As of the report, Great Wall Electric has a market capitalization of 4.4 billion yuan [1] Group 2 - The article also mentions the occurrence of "negative electricity prices" in multiple regions, raising questions about why power plants are reluctant to shut down despite not making profits from electricity sales [1]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 401,063,486.61, a decrease of 19.15% compared to the same period last year[4] - The total profit for the period was a loss of CNY 45,506,208.23, representing a decline of 17.43% year-on-year[4] - The net profit attributable to shareholders was a loss of CNY 46,392,774.67, down 21.26% from the previous year[4] - The basic earnings per share for the period was -CNY 0.1050, a decrease of 21.26% compared to the same period last year[4] - The total comprehensive income attributable to the parent company was -167,405,262.97 yuan, compared to -130,277,202.74 yuan in the same period last year, reflecting a decline of approximately 28.5%[20] - Basic and diluted earnings per share were both -0.3589 yuan, compared to -0.2699 yuan in the previous year, indicating a worsening in earnings performance[20] Revenue and Costs - The company experienced a 11.46% decline in revenue year-to-date, with a total revenue of CNY 1,094,829,376.02[4] - Total operating revenue for the first three quarters of 2025 was CNY 1,094,829,376.02, a decrease of 11.5% compared to CNY 1,236,512,502.98 in the same period of 2024[19] - Total operating costs for the first three quarters of 2025 were CNY 1,258,367,570.68, down 7.6% from CNY 1,361,818,707.16 in the previous year[19] - The company reported a decrease in sales revenue from goods and services received, totaling 873,676,260.04 yuan, down from 1,056,166,779.28 yuan year-over-year, a decline of approximately 17.3%[22] Cash Flow - The net cash flow from operating activities was -CNY 19,969,233.74, indicating a significant cash outflow[4] - The net cash flow from operating activities was -105,845,106.55 yuan, a significant decrease from 13,815,834.60 yuan in the previous year[23] - Cash inflow from operating activities totaled 1,061,673,054.78 yuan, down from 1,280,310,085.73 yuan year-over-year, indicating a decline of about 17.1%[23] - Cash outflow from operating activities was 1,167,518,161.33 yuan, compared to 1,266,494,251.13 yuan in the previous year, showing a decrease of approximately 7.8%[23] - The net cash flow from investing activities was -20,469,772.05 yuan, slightly worse than -20,227,419.94 yuan in the same period last year[24] - Cash inflow from financing activities was 1,441,299,111.94 yuan, down from 1,606,224,053.23 yuan year-over-year, representing a decline of about 10.3%[24] - The net cash flow from financing activities increased to 165,131,839.79 yuan, compared to 94,094,015.90 yuan in the previous year, marking an increase of approximately 75.5%[24] - The ending cash and cash equivalents balance was 287,660,467.80 yuan, up from 224,445,340.13 yuan in the same period last year, reflecting an increase of about 28.2%[24] Assets and Liabilities - Total assets at the end of the period were CNY 4,653,552,264.13, a slight decrease of 0.13% from the end of the previous year[5] - The company's total assets as of September 30, 2025, were CNY 4,653,552,264.13, slightly down from CNY 4,659,509,015.78 at the end of 2024[16] - Current liabilities increased to CNY 3,026,336,224.81 as of September 30, 2025, compared to CNY 2,819,561,010.84 at the end of 2024, reflecting a rise of 7.3%[17] - The company's total liabilities reached CNY 3,619,263,012.97, up from CNY 3,451,007,008.28 at the end of 2024, indicating an increase of 4.9%[17] - The equity attributable to shareholders decreased by 14.19% to CNY 1,014,048,516.21 compared to the end of the previous year[5] - The company’s equity attributable to shareholders decreased to CNY 1,014,048,516.21 as of September 30, 2025, down from CNY 1,181,707,422.65 at the end of 2024[17] Research and Development - The company reported a decrease in research and development expenses to CNY 56,989,269.33 in the first three quarters of 2025, down from CNY 60,753,888.51 in the same period of 2024[19] Inventory - The company’s inventory as of September 30, 2025, was CNY 1,083,366,644.04, an increase from CNY 1,040,851,143.17 at the end of 2024[16] Accounts Receivable - The company reported a decrease in accounts receivable financing by 66.61% due to a reduction in high-credit bank acceptance bills received[9]

Group 1 - The core point of the article indicates that Great Wall Electric reported a revenue of 401 million yuan in the third quarter, representing a year-on-year decline of 19.15% [1] - The net profit for the third quarter was a loss of 46.39 million yuan, which is a decrease of 21.26% compared to the previous year [1] - For the first three quarters, the total revenue was 1.095 billion yuan, showing a year-on-year decline of 11.46% [1] Group 2 - The net profit for the first three quarters was a loss of 159 million yuan, reflecting a decline of 32.97% year-on-year [1]

Group 1 - The company, Great Wall Electric (600192), has not exported any products to EU countries in the past two years [1]

Core Points - The company guarantees the authenticity, accuracy, and completeness of the quarterly report, and assumes legal responsibility for any false records or misleading statements [2][3]. Financial Data - The financial statements for the third quarter are unaudited, covering the period from the beginning to the end of the quarter [3][7]. - The report includes major accounting data and financial indicators, with all figures presented in Renminbi [3][7]. Non-Recurring Gains and Losses - The company has identified non-recurring gains and losses, but specific amounts and reasons for classification are not detailed in the report [4]. Shareholder Information - Information regarding the total number of ordinary shareholders and the top ten shareholders is included, but specific details are not provided in the report [5]. Other Important Information - There are no additional reminders or important information regarding the company's operational situation during the reporting period [6].

Market Overview - The grid equipment sector increased by 1.52% compared to the previous trading day, with Changcheng Electric leading the gains [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Top Performers - Changcheng Electric (600192) closed at 68.6, up 10.01% with a trading volume of 204,500 shares and a transaction value of 201 million [1] - Riyun Electric (603861) closed at 13.44, up 9.98% with a trading volume of 437,000 shares and a transaction value of 561 million [1] - Songsheng Co. (301002) closed at 37.26, up 9.07% with a trading volume of 67,700 shares and a transaction value of 24.5 million [1] - Siyuan Electric (002028) closed at 114.47, up 7.69% with a trading volume of 142,400 shares and a transaction value of 1.641 billion [1] Underperformers - Weiteng Electric (688226) closed at 43.67, down 3.98% with a trading volume of 58,700 shares and a transaction value of 262 million [2] - Kelu Electronics (002121) closed at 8.45, down 3.54% with a trading volume of 931,000 shares and a transaction value of 790 million [2] - Zhiguang Electric (002169) closed at 7.38, down 3.15% with a trading volume of 690,800 shares and a transaction value of 511 million [2] Capital Flow - The grid equipment sector experienced a net outflow of 5.2093 million from institutional investors, while retail investors saw a net inflow of 6.32 billion [2][3] - The main capital inflow was observed in Changcheng Electric, with a net inflow of 123 million, accounting for 61.20% of its trading volume [3] - Riyun Electric had a net outflow of 53.4384 million from speculative funds, indicating a negative sentiment among short-term traders [3]