Core Viewpoint - The company announced the sale of certain properties and associated rights to an affiliated party for a total price of 41.973429 million yuan [1] Group 1 - The full subsidiary of the company, Changzhou Heimu Dan Technology Park Co., Ltd., plans to sell properties located in Changzhou, including industrial buildings and land use rights [1] - The properties being sold include specific units in buildings 1 and 9, as well as related electrical expansion, fire safety renovations, and public area decoration works [1] - The buyer of the properties is an affiliated company, Changgao New (Jiangsu) Technology Industrial Park Co., Ltd. [1]

Group 1 - The stock of Heimu Dan increased by 5.06%, reaching 8.92 CNY per share, with a trading volume of 97.34 million CNY and a turnover rate of 1.09%, resulting in a total market capitalization of 9.206 billion CNY [1] - Heimu Dan (Group) Co., Ltd. is located in Changzhou, Jiangsu Province, and was established on May 28, 1993, with its listing date on June 18, 2002. The company's main business includes urbanization construction, textile and apparel, and industrial investment [1] - The revenue composition of Heimu Dan's main business is as follows: engineering construction 46.67%, real estate 27.94%, textile and apparel 20.86%, others 3.52%, and land development 1.02% [1] Group 2 - The Southern Fund's Southern CSI Real Estate ETF Linked A (004642) is among the top ten circulating shareholders of Heimu Dan. In the third quarter, it reduced its holdings by 38,200 shares, now holding 6.5316 million shares, which is 0.63% of the circulating shares [2] - The Southern CSI Real Estate ETF Linked A was established on August 24, 2017, with a current scale of 202 million CNY. Year-to-date, it has a return of 8.49%, ranking 3679 out of 4216 in its category; over the past year, it has lost 2.75%, ranking 3831 out of 3901; and since inception, it has lost 39.54% [2]

Core Viewpoint - Black Peony's stock price has shown significant volatility, with an 83.13% increase year-to-date, but a recent decline of 3.13% over the last five trading days, indicating potential market fluctuations and investor sentiment shifts [2]. Group 1: Stock Performance - As of November 5, Black Peony's stock price rose by 2.00% to 8.66 CNY per share, with a trading volume of 59.41 million CNY and a turnover rate of 0.67% [1]. - The company's market capitalization stands at 8.937 billion CNY [1]. - Year-to-date, the stock has increased by 83.13%, with a 14.70% rise over the past 20 days and a 52.20% increase over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Black Peony reported a revenue of 2.443 billion CNY, reflecting a year-on-year growth of 34.79%, while the net profit attributable to shareholders was 63.79 million CNY, a decrease of 19.62% compared to the previous year [2]. - Cumulative cash dividends since the company's A-share listing amount to 2.72 billion CNY, with 391 million CNY distributed over the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 13.97% to 27,800, with an average of 37,136 circulating shares per shareholder, an increase of 16.24% [2]. - The top ten circulating shareholders include Southern CSI Real Estate ETF, holding 6.5316 million shares, down by 38,200 shares from the previous period, and Hong Kong Central Clearing Limited, holding 6.398 million shares, down by 830,000 shares [3]. Group 4: Business Overview - Black Peony, established on May 28, 1993, and listed on June 18, 2002, operates primarily in urbanization construction, textile and apparel, and industrial investment [2]. - The revenue composition is as follows: engineering construction 46.67%, real estate 27.94%, textile and apparel 20.86%, other 3.52%, and land development 1.02% [2].

Core Points - The company has announced a change in its main office address due to operational development needs [1][2] - The new office location is in Changzhou, Jiangsu Province, specifically at No. 562, Changjiang North Road, Gaotie New City Innovation and Technology Building [1] - Other contact details such as the registered address, phone number, email, and official website remain unchanged [1] Summary by Sections Company Announcement - The board of directors assures that the announcement contains no false records, misleading statements, or significant omissions [1] - The company emphasizes the importance of maintaining effective communication with investors through the updated office address [1] Contact Information - New contact address: No. 562, Changjiang North Road, Gaotie New City Innovation and Technology Building, New North District, Changzhou, Jiangsu Province, Postal Code: 213022 [1] - Contact phone number: 0519-68866958, Fax: 0519-68866908, Email: 600510@blackpeony.com [1]

邮政编码：213022 联系电话：0519-68866958 传 真：0519-68866908 电子信箱：600510@blackpeony.com 证券代码：600510 证券简称：黑牡丹 公告编号：2025-043 黑牡丹（集团）股份有限公司 关于新增办公地址的公告 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。 黑牡丹（集团）股份有限公司（以下简称"公司"）因经营发展需要，在江苏 省常州市新增一处办公地点，公司总部主要办公地址发生变更，公司董事会秘书、 证券事务代表联系地址、信息披露及备置地点同步变更。为便于投资者与公司沟通 交流，做好投资者关系管理工作，现将公司主要办公地址变更的具体情况公告如下： | 项目 | 变更前 | | 变更后 | | --- | --- | --- | --- | | 主要办公地址 | 江苏省常州市天宁区 | | 江苏省常州市新北区 | | | 青洋北路 47 号 | 长江北路 562 | 号高铁新城创智大厦 | 除上述变更外，公司注册地址、联系电话、电子邮箱、官网等其他联系方式保 持不变， ...

Core Insights - The company reported a revenue of 2.443 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 34.79% [1] - The net profit attributable to shareholders decreased to 63.79 million yuan, a decline of 19.62% year-on-year [1] - The net profit after deducting non-recurring gains and losses was 60.70 million yuan, down 22.48% compared to the previous year [1] - The basic earnings per share stood at 0.06 yuan [1]

Group 1 - The core point of the article is that Heibodan (SH 600510) reported its Q3 performance, showing a significant increase in revenue but a decline in net profit [1] Group 2 - Heibodan's revenue for the first three quarters of 2025 was approximately 2.443 billion yuan, representing a year-on-year increase of 34.79% [1] - The net profit attributable to shareholders of the listed company was approximately 63.79 million yuan, reflecting a year-on-year decrease of 19.62% [1] - As of the report date, Heibodan's market capitalization was 9 billion yuan [2]

Core Viewpoint - Black Molybdenum (600510.SH) reported a significant increase in revenue for the third quarter, but experienced a substantial decline in net profit compared to the previous year [1] Financial Performance - The company achieved an operating revenue of 859 million yuan, representing a year-on-year growth of 49.80% [1] - The net profit attributable to shareholders was 7.1183 million yuan, showing a year-on-year decrease of 70.50% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 6.9879 million yuan, also down 70.03% year-on-year [1] - Basic earnings per share were reported at 0.01 yuan [1]

证券代码：600510 证券简称：黑牡丹 公告编号：2025-042 黑牡丹（集团）股份有限公司 关于召开 2025 年第三季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： 会议召开时间：2025 年 11 月 03 日（星期一）15:00-16:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频录播和网络互动 投资者可于 2025 年 10 月 27 日（星期一）至 10 月 31 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"栏目或通过黑牡丹（集团）股 份有限公司（以下简称"公司"）邮箱（600510@blackpeony.com）进行提问， 公司将在 2025 年第三季度业绩说明会（以下简称"本次说明会"）上对投资者 普遍关注的问题进行回答。 公司已于 2025 年 10 月 25 日在《中国证券报》《上海证券报》及上海证券 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥858,784,673.30, representing a year-on-year increase of 49.80%[5] - The total profit for the period was ¥61,347,651.42, showing a slight decrease of 1.88% compared to the same period last year[5] - The net profit attributable to shareholders was ¥7,118,270.16, reflecting a significant decline of 70.50% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,987,877.58, down 70.03% from the previous year[5] - Basic earnings per share for the quarter were ¥0.01, a decrease of 50.00% compared to the same period last year[6] - Net profit for the first three quarters of 2025 was ¥91,258,492.58, representing a 34.1% increase from ¥68,057,945.31 in 2024[20] - Earnings attributable to shareholders of the parent company for the first three quarters of 2025 were ¥63,792,075.70, down 19.6% from ¥79,366,150.76 in 2024[21] - Operating income for the first three quarters of 2025 was CNY 16,213,047.04, a decrease of 13.9% compared to CNY 18,799,107.80 in the same period of 2024[28] - The total profit for the current period is 39,830,522.80 CNY, down from 210,722,428.04 CNY, indicating a decrease of about 81.1%[29] - The net profit for the current period is 39,830,522.80 CNY, compared to 210,722,428.04 CNY in the previous period, representing a decline of approximately 81.1%[29] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥27,463,258,526.52, a decrease of 4.75% from the end of the previous year[6] - Total current assets as of September 30, 2025, amounted to ¥20,307,438,501.85, a decrease from ¥22,321,351,798.36 at the end of 2024[16] - Total liabilities as of September 30, 2025, were ¥9,316,703,296.91, down from ¥10,156,785,372.95[17] - The total liabilities decreased from ¥17,714,401,379.24 in the previous period to ¥16,283,611,027.66[18] - Total liabilities decreased to CNY 7,112,570,962.70 from CNY 7,264,104,318.36 at the end of the previous year[27] - The company's total assets were CNY 13,641,657,287.58, down from CNY 13,773,150,664.18 at the end of 2024[27] Cash Flow - The operating cash flow for the year-to-date was negative at -¥523,483,109.91, indicating cash outflows from operating activities[5] - Cash generated from operating activities in the first three quarters of 2025 was ¥2,499,457,230.49, compared to ¥1,858,596,769.85 in 2024, indicating a growth of 34.4%[22] - Net cash flow from operating activities was negative at CNY -523,483,109.91, an improvement from CNY -1,226,183,232.35 in the previous year[24] - Cash inflow from financing activities totaled CNY 3,680,760,626.33, a decrease of 29.0% compared to CNY 5,196,598,481.12 in the prior year[24] - Cash outflow from financing activities was CNY 4,467,319,056.77, slightly down from CNY 4,811,530,401.43 year-over-year[24] - The company's cash flow from operating activities shows a net outflow of -20,775,436.59 CNY, an improvement from -24,595,733.27 CNY in the previous year[31] Shareholder Information - Total number of common shareholders at the end of the reporting period was 27,790[12] - The largest shareholder, Changgao New Group Co., Ltd., holds 522,662,086 shares, representing 50.64% of total shares[12] - The second-largest shareholder, Changzhou State-owned Assets Investment and Operation Co., Ltd., holds 96,458,412 shares, representing 9.35%[12] - The company has no significant changes in the top ten shareholders or their participation in margin financing and securities lending[13] Other Financial Metrics - The increase in operating revenue was primarily driven by the real estate market and project delivery cycles, along with increased construction output[10] - The decline in net profit was mainly due to reduced interest income and adjustments in land value-added tax calculations compared to the previous year[10] - The company reported a financial expense reduction, with interest expenses decreasing from ¥156,291,424.74 in 2024 to ¥125,827,214.42 in 2025[20] - The company's other comprehensive income after tax for the first three quarters of 2025 was ¥10,627,940.03, a decrease from ¥182,397,836.09 in 2024[21] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.06, down from ¥0.08 in 2024[21] - The company reported other comprehensive income after tax of 22,522,500.00 CNY, a decrease from 183,397,500.00 CNY in the previous period[29] - The company has not adopted new accounting standards for the current reporting period[33]