Core Viewpoint - Fengzhu Textile is a well-known company in the domestic textile industry, with significant investment value due to its comprehensive business operations covering weaving, dyeing, and wastewater treatment [1] Group 1: Business Performance - In Q3 2025, Fengzhu Textile reported revenue of 688 million yuan, ranking 8th among 8 companies in the industry, with the industry leader Huafu Fashion generating 8.873 billion yuan [2] - The main business composition includes dyeing and finishing products at 293 million yuan (68.74%), printing at 52.86 million yuan (12.40%), dyeing processing at 43.85 million yuan (10.29%), and spinning at 28.07 million yuan (6.58%) [2] - The net profit for the same period was 15.7354 million yuan, also ranking 8th in the industry, with the top performer, Bailong Oriental, achieving 550 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Fengzhu Textile's debt-to-asset ratio was 36.92%, lower than the previous year's 38.16% and below the industry average of 37.75%, indicating good solvency [3] - The gross profit margin for the same period was 14.27%, an increase from 13.08% year-on-year, but still below the industry average of 17.04%, suggesting room for improvement in profitability [3] Group 3: Executive Compensation - The chairman, Chen Qiang, received a salary of 1.0755 million yuan in 2024, a decrease of 431,800 yuan from 2023 [4] - The general manager, Chen Chengqing, earned 1.1955 million yuan in 2024, down 49,000 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 11.05% to 16,200, while the average number of circulating A-shares held per shareholder increased by 12.42% to 16,800 [5] - Among the top ten circulating shareholders, Nuoan Multi-Strategy Mixed A (320016) is the ninth largest, holding 2.4619 million shares as a new shareholder [5]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 261,200,749.43, representing a decrease of 1.91% compared to the same period last year[3] - The total profit for the period was CNY 11,211,229.24, down 84.88% year-on-year[3] - The net profit attributable to shareholders was CNY 7,788,691.41, reflecting an 86.23% decline compared to the previous year[3] - The basic earnings per share for the period was CNY 0.0286, down 86.24% year-on-year[9] - Total operating revenue for the first three quarters of 2025 was CNY 687.59 million, a decrease of 5.53% compared to CNY 727.89 million in the same period of 2024[27] - Net profit for the first three quarters of 2025 was CNY 15.74 million, a significant decline of 74.83% compared to CNY 62.58 million in the same period of 2024[28] - Earnings per share for the first three quarters of 2025 was CNY 0.0579, down from CNY 0.2301 in the same period of 2024[28] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -2,651,763.42, a significant decrease of 985.20%[3] - Cash flow from operating activities generated a net amount of CNY 18.86 million, an increase from CNY 15.16 million year-over-year[30] - Cash received from sales of goods and services was CNY 581.01 million, an increase of 7.69% compared to CNY 539.44 million in the same period of 2024[30] - The total cash and cash equivalents at the end of the period were 57,369,053.91, down from 126,265,660.17 in the previous period, indicating a decrease in liquidity[31] - The net decrease in cash and cash equivalents was -11,521,695.08, compared to -21,129,725.00 in the previous period, showing an improvement in cash management[31] Assets and Liabilities - The total assets increased by 7.07% to CNY 1,781,596,962.08 compared to the end of the previous year[4] - The total liabilities increased to CNY 657,743,546.09 from CNY 539,852,423.60, marking an increase of approximately 22%[26] - Short-term borrowings rose significantly to CNY 162,695,262.08 from CNY 91,581,134.00, reflecting an increase of about 77.8%[26] - The company reported a total non-current asset value of CNY 1,041,589,086.30, up from CNY 967,343,219.27, which is an increase of approximately 7.6%[25] Investments and Projects - The company has completed land reserve matters for the Henan subsidiary project, acquiring a total of 424.08 acres of land[17] - The investment for the Henan Fengzhu (Anyang) 30,000-ton dyeing project is estimated to be around 300 million yuan, with the main structure of the dyeing workshop already topped out[17] - The company has initiated a joint venture with CITIC Environment for the Anyang dyeing demonstration park, adapting to new environmental regulations[16] - The company is actively pursuing the development of the Anyang project to optimize resource allocation and alleviate financial pressure[18] - The company has received all necessary approvals for the investment agreement related to the Anyang production base project[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,179[11] - The equity attributable to shareholders decreased slightly by 0.02% to CNY 1,123,853,415.99[4] - The total equity remained stable at CNY 1,123,853,415.99, consistent with the previous year[26] Research and Development - Research and development expenses increased to CNY 19.78 million, up 14.66% from CNY 17.27 million in the same period of 2024[27] - The company has ongoing investments in new product development and market expansion strategies, although specific financial figures were not disclosed in the report[25] Financial Management - The company reported a decrease in financial expenses, with a net financial income of CNY -1.60 million compared to CNY -1.07 million in the previous year[27] - The company’s cash flow management strategies are under review to enhance liquidity and investment performance moving forward[31] - The company did not apply new accounting standards or interpretations for the year 2025[32]

证券代码：600493 证券简称：凤竹纺织 公告编号：2025-023 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： 投资者可于 2025 年 11 月 03 日 （星期一） 至 11 月 07 日 （星期五）16:00 前登录上 证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 chenmeizhen@fynex.com.cn 进 行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 福建凤竹纺织科技股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日发布公司 《2025 年第三季度报告》，为便于广大投资者更全面深入地了解公司 2025 年第三季度经营成 果、财务状况，公司计划于 2025 年 11 月 10 日 （星期一）10：00-11：00 举行 2025 年第三 季度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第三季度的经营成果及财务 指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围 ...

Group 1 - The textile manufacturing sector saw a slight increase of 0.07% on September 17, with Lianfa Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3876.34, up 0.37%, while the Shenzhen Component Index closed at 13215.46, up 1.16% [1] - Key stocks in the textile manufacturing sector included Lianfa Co., Ltd. with a closing price of 11.14, up 5.09%, and Huayi Group with a closing price of 54.66, up 3.72% [1] Group 2 - The textile manufacturing sector experienced a net outflow of 108 million yuan from main funds, while retail investors saw a net inflow of approximately 90.79 million yuan [2] - Notable stocks with significant fund flows included Lianfa Co., Ltd. with a main fund net inflow of 29.73 million yuan, and Wanshili with a net outflow of 29.57 million yuan from speculative funds [3] - The overall market sentiment showed a mixed trend, with some stocks like Lianfa Co., Ltd. attracting main fund interest while others faced outflows [3]

Group 1 - The core viewpoint of the article highlights the slight increase in the number of textile and apparel enterprises in China, indicating a stable market environment [1] - As of January to July 2025, there are 13,650 textile and apparel enterprises, which is an increase of 9 compared to the same period last year, reflecting a year-on-year growth of 0.07% [1] - The textile and apparel sector accounts for 2.62% of the total industrial enterprises in China, showcasing its significance within the broader industrial landscape [1] Group 2 - The report referenced is from Zhiyan Consulting, which provides in-depth industry research and consulting services, emphasizing its expertise in the textile and apparel sector [1] - The data presented is sourced from the National Bureau of Statistics and organized by Zhiyan Consulting, indicating a reliable foundation for the reported statistics [1] - The article mentions the historical context of the threshold for large-scale industrial enterprises being raised from an annual main business income of 5 million to 20 million yuan since 2011, which may impact the number of reported enterprises [1]

Group 1 - The company Fengzhu Textile (600493) announced that its 2025 semi-annual performance briefing is scheduled for September 12, 2025 [1]

Group 1 - The company will hold a half-year performance briefing on September 12, 2025, from 09:00 to 10:00 [1][2] - The briefing will take place at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [1][2] - Investors can submit questions for the briefing from September 5 to September 11, 2025, before 16:00 [1][3] Group 2 - Key participants in the briefing include Chairman Chen Qiang, General Manager Chen Chengqing, Independent Director Zhang Bai, CFO Peng Jiaguo, and Board Secretary Chen Meizhen [2] - Investors can participate in the briefing by logging into the Shanghai Stock Exchange Roadshow Center website [2][3] - After the briefing, investors can view the main content and outcomes of the event on the Shanghai Stock Exchange Roadshow Center [3]

证券代码：600493 证券简称：凤竹纺织 公告编号：2025-022 福建凤竹纺织科技股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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： 投资者可于 2025 年 09 月 5 日 （星期五） 至 09 月 11 日 （星期四）16:00 前登录上证 路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 chenmeizhen@fynex.com.cn 进行 提问。公司将在说明会上对投资者普遍关注的问题进行回答。 福建凤竹纺织科技股份有限公司（以下简称"公司"）已于 2025 年 8 月 30 日发布公司《2025 半年度报告》，为便于广大投资者更全面深入地了解公司 2025 年半年度经营成果、财务状况， 公司计划于 2025 年 09 月 12 日 （星期五） 09:00-10:00 举行 2025 年半年度业绩说明会， 就投资者关心的问题进行交流。 一、 说明会类型 总经理：陈澄清先生 独立董事：张白先生 财务总监：彭家国先生 董事会秘书：陈美珍女士 ...

Core Viewpoint - Fengzhu Textile (600493) reported a decline in total revenue for the first half of 2025, but an increase in net profit, indicating improved profitability despite lower sales [1] Financial Performance Summary - Total revenue for the first half of 2025 was 426 million yuan, a decrease of 7.63% year-on-year [1] - Net profit attributable to shareholders was 7.95 million yuan, an increase of 31.77% year-on-year [1] - In Q2 2025, total revenue was 233 million yuan, down 7.99% year-on-year, while net profit was 5.12 million yuan, up 19.42% year-on-year [1] - Gross margin increased by 11.8% to 13.57%, and net margin rose by 42.65% to 1.86% [1] - Total expenses (selling, administrative, and financial) amounted to 34.36 million yuan, accounting for 8.06% of revenue, an increase of 13.74% year-on-year [1] Key Financial Ratios - Earnings per share (EPS) increased by 31.53% to 0.03 yuan [1] - Operating cash flow per share rose by 44.73% to 0.08 yuan [1] - Net asset value per share increased by 3.25% to 4.10 yuan [1] Business Evaluation - The company's return on invested capital (ROIC) was 4.24% last year, indicating weak capital returns [1] - Historical data shows a median ROIC of 3.71% over the past decade, with the lowest ROIC recorded at 2.81% in 2015 [1] - The company has reported a total of 20 annual reports since its listing, with one year of losses, suggesting a need for further investigation into underlying causes [1]

Core Insights - Fengzhu Textile (600493.SH) reported a revenue of 426 million yuan for the first half of 2025, representing a year-on-year decrease of 7.63% [1] - The net profit attributable to shareholders of the listed company was 7.9467 million yuan, showing a year-on-year increase of 31.77% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 2.5886 million yuan, reflecting a year-on-year decline of 45.85% [1] - The basic earnings per share stood at 0.0292 yuan [1]