Group 1 - The company, Jingda Co., Ltd. (stock code: 600577), announced that it has no overdue guarantees [1]

Core Insights - Jingda Co., Ltd. (600577.SH) reported a total operating revenue of 17.776 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 10.5% [1] - The net profit attributable to shareholders of the parent company reached 451 million yuan, reflecting a year-on-year growth of 8.42% [1] - The basic earnings per share stood at 0.21 yuan [1]

| 证券代码：600577 | 证券简称：精达股份 | 公告编号：2025-069 | | --- | --- | --- | | 债券代码：110074 | 债券简称：精达转债 | | 铜陵精达特种电磁线股份有限公司 关于为控股子公司、孙公司提供担保的公告 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： | | 被担保人名称 | 铜陵精达漆包线有限公司 | | | | --- | --- | --- | --- | --- | | | 本次担保金额 | 7,000 万元 | | | | 担保对象一 | 实际为其提供的担保余额 | 28,240 万元 | | | | | 是否在前期预计额度内 | □否 是 | | □不适用：_________ | | | 本次担保是否有反担保 被担保人名称 | 是 ☑否 | 铜陵精迅特种漆包线有限责任公司 | □不适用：_________ | | 担保对象二 | | | | | | | 本次担保金额 | 1,100 万元 | | | | | 实际为其提供的担保余额 | 5, ...

Financial Performance - The company's operating revenue for Q3 2025 reached ¥5,920,668,855.25, representing a year-on-year increase of 3.65%[3] - Total profit for the period was ¥198,105,467.85, reflecting a growth of 17.21% compared to the same quarter last year[3] - Net profit attributable to shareholders was ¥144,530,730.75, up 13.87% year-on-year[3] - Basic earnings per share for the quarter were ¥0.07, an increase of 16.67% compared to the same period last year[3] - Total operating revenue for the first three quarters of 2025 reached CNY 17.78 billion, an increase of 10.5% compared to CNY 16.09 billion in the same period of 2024[16] - Net profit for the first three quarters of 2025 was CNY 471.10 million, representing a 10.3% increase from CNY 427.11 million in 2024[17] - The total comprehensive income for the period was CNY 465.05 million, compared to CNY 423.01 million, reflecting a growth of 9.9%[17] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥1,425,905,910.24, showing a significant increase of 306.13%[3][7] - The net cash flow from operating activities for the first three quarters of 2025 was approximately ¥1.43 billion, compared to a negative net cash flow of ¥691.76 million in the same period of 2024, indicating a significant improvement[19] - Total cash inflow from operating activities increased to approximately ¥18.81 billion in 2025, up from ¥16.36 billion in 2024, reflecting a growth of about 14.9%[19] - The cash outflow from operating activities was approximately ¥17.39 billion in 2025, slightly higher than ¥17.05 billion in 2024, resulting in a net cash flow from operating activities of ¥1.43 billion[19] - Cash inflow from investment activities for the first three quarters of 2025 was approximately ¥1.19 billion, compared to ¥559.36 million in 2024, marking an increase of about 112%[20] - The net cash flow from investment activities was approximately ¥139.83 million in 2025, a recovery from a negative cash flow of ¥193.97 million in 2024[20] - Cash inflow from financing activities decreased to approximately ¥3.15 billion in 2025 from ¥3.99 billion in 2024, a decline of about 21%[20] - The net cash flow from financing activities was negative at approximately ¥822.18 million in 2025, contrasting with a positive cash flow of ¥1.02 billion in 2024[20] - The total cash and cash equivalents at the end of the third quarter of 2025 stood at approximately ¥1.45 billion, an increase from ¥1.16 billion at the end of the same period in 2024[20] - The company reported a cash inflow from the recovery of investments of approximately ¥1.18 billion in 2025, significantly higher than ¥536.54 million in 2024[20] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥14,153,307,058.06, a 12.09% increase from the end of the previous year[4] - Shareholders' equity attributable to the parent company was ¥6,100,546,529.38, up 5.92% from the previous year-end[4] - Total liabilities increased to CNY 7.91 billion in 2025 from CNY 6.74 billion in 2024, reflecting a growth of 17.2%[15] - Shareholders' equity rose to CNY 6.25 billion, up from CNY 5.89 billion, marking an increase of 6.0%[15] - Current liabilities decreased from RMB 3,566,506,403.52 to RMB 3,130,334,738.54, a reduction of approximately 12.2%[13] Investments and Expenses - Research and development expenses for the first three quarters were CNY 85.52 million, compared to CNY 81.03 million in the previous year, indicating a growth of 5.8%[16] - The company reported an investment income of CNY 12.21 million, up from CNY 8.95 million, a significant increase of 36.5%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 103,330[9] - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending activities[11] Accounting Standards - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the year of first execution[21]

Core Viewpoint - Jingda Co., Ltd. announced an adjustment to the share reduction plan of its actual controller, Li Guangrong, who intends to reduce his holdings due to personal financial needs, with a total reduction of up to 64,300,000 shares, representing no more than 3% of the company's total share capital [1] Group 1: Share Reduction Plan - The share reduction plan's implementation subject has been changed from Li Guangrong to include his concerted action partner, Tehua Investment Holdings Co., Ltd., while the total number of shares to be reduced remains unchanged [1] - Tehua Investment currently holds 80,258,383 shares, accounting for 3.73% of the company's total share capital [1] - The reduction will occur through centralized bidding and block trading, with a maximum of 1% through centralized bidding and 2% through block trading, within three months after the announcement [1] Group 2: Financial Implications - As of the last trading day before the announcement, Jingda's share price was 10.76 yuan per share, leading to an estimated reduction amount of 692 million yuan for Li Guangrong [2] - Jingda plans to raise up to 956 million yuan through the issuance of convertible bonds, which will fund various projects including a 40,000-ton new energy copper-based electromagnetic wire project and working capital [2] Group 3: Previous Fundraising Activities - Over the past five years, Jingda has raised a total of 1.0845 billion yuan through two fundraising activities [3] - In 2020, the company issued 7.87 million convertible bonds at a face value of 100 yuan each, raising a total of 787 million yuan, with a net amount of approximately 776.75 million yuan after expenses [3] - In 2022, Jingda conducted a non-public offering of 83,333,333 shares at an issue price of 3.57 yuan per share, raising 297.5 million yuan, with a net amount of approximately 291.82 million yuan after expenses [4]

Core Viewpoint - The superconducting concept sector leads the market with a rise of 3.45%, indicating strong investor interest and potential growth in this industry [1] Company Performance - Western Superconducting increased by 12.7%, showcasing significant investor confidence and potential for future growth [1] - CITIC Metal rose by 7.88%, reflecting positive market sentiment towards its operations and prospects [1] - Lianchuang Optoelectronics saw an increase of 3.96%, indicating a favorable outlook among investors [1] - Jingda Co. and Xi'an High-tech Institute both experienced gains of over 2%, contributing to the overall positive performance of the sector [1]

Group 1 - The core point of the news is that on October 28, Haomai Technology disclosed an increase in shareholding, while six A-share listed companies announced share reductions [1][3] Group 2 - Haomai Technology's controlling shareholder, Zhang Gongyun, increased his shareholding by 330,000 shares [3] - Chuangyao Technology's director, Wang Wanli, plans to reduce his holdings by no more than 0.0017% [3] - Xinzhi Group's largest shareholder intends to reduce his holdings by no more than 3% [3] - Shuangjie Electric's shareholder, Yuan Xue'en, plans to reduce his holdings by no more than 3.11% [3] - Lankai Technology's shareholder, China Electric Power Investment Corporation, and its concerted parties have reduced their combined shareholding to below 5% [3] - Jiaze New Energy's shareholder, Ningxia Bitai, plans to reduce his holdings by no more than 3% [3] - Jingda Co., Ltd.'s shareholders, Li Guangrong and Tehua Investment, plan to reduce their combined holdings by no more than 3% [3]

Group 1 - The core point of the article highlights the stock trading activities of several companies, specifically focusing on the increase in holdings by Haomai Technology and the reduction in holdings by six other A-share listed companies [1][2] Group 2 - Haomai Technology's controlling shareholder, Zhang Gongyun, increased his stake by 330,000 shares [2] - Chuangyao Technology's director Wang Wanli plans to reduce his holdings by no more than 0.0017% [2] - The largest shareholder of Xinzhi Group intends to reduce his stake by no more than 3% [2] - Shareholder Yi Xue'en of Shuangjie Electric plans to reduce his holdings by up to 3.11% [2] - Shareholder China Electric Power Investment and its concerted parties have reduced their combined shareholding to below 5% in Lankai Technology [2] - Shareholder Ningxia Bitai of Jiazhe New Energy intends to reduce his stake by no more than 3% [2] - Shareholders Li Guangrong and Tehua Investment of Jingda Co. plan to reduce their combined holdings by no more than 3% [2]

| 证券代码：600577 | 证券简称：精达股份 | 公告编号：2025-068 | | --- | --- | --- | | 债券代码：110074 | 债券简称：精达转债 | | 铜陵精达特种电磁线股份有限公司 关于股东减持股份计划调整实施主体的公告 本公司董事会、全体董事及相关股东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： 大股东持股的基本情况 2025 年 10 月 17 日，铜陵精达特种电磁线股份有限公司（以下简称"公司"） 披露了实际控制人李光荣先生减持股份计划公告，详情请见《精达股份实际控制 人减持股份计划公告》（公告编号：2025-065）。本次减持计划实施主体由李光荣 先生调整为李光荣先生及一致行动人特华投资控股有限公司（以下简称"特华投 资"），合计计划减持股数不变。截至本公告日，特华投资持有公司股票 80,258,383 股，占公司总股本 3.73%。 李光荣先生及其一致行动人特华投资拟通过集中竞价和大宗交易方式合计 减持公司股份不超过 64,300,000 股，即不超过公司总股本的 3%。其中，拟通过 ...

Core Viewpoint - The actual controller of Jingda Co., Ltd. (600577.SH), Li Guangrong, along with his concerted party, Tehua Investment Holdings Co., Ltd., plans to reduce their holdings by a total of up to 64.3 million shares, representing no more than 3% of the company's total share capital [1] Summary by Categories Shareholding Reduction - Li Guangrong intends to reduce his holdings by up to 20.8 million shares, accounting for 0.97% of the total shares [1] - Tehua Investment plans to reduce its holdings by up to 43.5 million shares, representing 2.02% of the total shares [1] Reduction Method and Timeline - The reduction will be executed through centralized bidding and block trading [1] - The reduction period is set from November 19, 2025, to February 18, 2026 [1] Reason for Reduction - The reason for the shareholding reduction is stated as the shareholders' own funding needs [1]