证券代码：600651 证券简称：飞乐音响 公告编号：临 2025-038 上海飞乐音响股份有限公司 关于召开2025年第二次临时股东会的通知 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： 一、 召开会议的基本情况 (一) 股东会类型和届次 2025年第二次临时股东会 召开的日期时间：2025 年 11 月 20 日 14 点 30 分 召开地点：上海市徐汇区虹漕路 39 号华鑫科技园 D3 栋 3 楼会议室 (五) 网络投票的系统、起止日期和投票时间。 股东会召开日期：2025年11月20日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 (二) 股东会召集人：董事会 (三) 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 (四) 现场会议召开的日期、时间和地点 网络投票起止时间：自2025 年 11 月 20 日 至2025 年 11 月 20 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25， ...

证券代码：600651 证券简称：飞乐音响 公告编号：临 2025-035 上海飞乐音响股份有限公司 第十三届董事会第十次会议决议公告 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。 上海飞乐音响股份有限公司（以下简称"公司"）第十三届董事会第十次会 议通知于 2025 年 10 月 28 日以电子邮件方式发出，会议于 2025 年 11 月 3 日以 通讯方式召开。本次会议应参与表决董事 10 名，实际参与表决董事 10 名。会议 出席董事人数及召开会议程序符合相关法律法规及公司章程的规定。会议审议并 一致通过以下决议： 一、审议通过《关于推举董事代行董事长职责的议案》； 公司董事长张丽虹女士因工作调整原因辞去公司第十三届董事会董事长、董 事及董事会相关专门委员会委员职务，同时不再担任公司法定代表人，该辞职报 告于 2025 年 11 月 3 日生效。根据《公司章程》的相关规定及公司正常经营需要， 董事会推举公司董事、总经理金凡先生代为履行董事长、法定代表人职责，代行 职责期限自本次董事会审议通过之日起至新任董事长任职生效之 ...

Core Viewpoint - The financial performance of Feilo Acoustics in Q3 2025 shows a decline in revenue but an increase in net profit, indicating improved profitability despite revenue challenges [2][3] Financial Performance Summary - Q3 2025 revenue reached 451 million yuan, a decrease of 8.24% year-on-year; net profit attributable to shareholders was 12.495 million yuan, an increase of 13.14%; basic earnings per share rose to 0.005 yuan, up 25% [2] - For the period from January to September 2025, total revenue was 1.343 billion yuan, down 3.74% year-on-year; net profit attributable to shareholders was 35.4907 million yuan, a significant increase of 40.16%; basic earnings per share increased to 0.014 yuan, also up 40% [2] - The weighted average return on equity was 1.43%, an increase of 0.39 percentage points compared to the same period last year, indicating enhanced shareholder returns [2] Cash Flow Analysis - The net cash flow from operating activities in Q3 was 66.4964 million yuan, a year-on-year increase of 69.51%; for the first nine months of 2025, the cumulative net cash flow from operating activities was 119 million yuan, a substantial increase of 102.56% [2] - The improvement in cash flow is attributed to a reduction in operating cash expenditures, demonstrating effective cash flow management [3] Asset and Equity Overview - As of September 30, 2025, total assets were 4.18 billion yuan, a decrease of 2.49% from the end of the previous year; equity attributable to shareholders was 2.493 billion yuan, an increase of 1.44% [3] - The core reasons for changes in key financial metrics include a decrease in operating expenses and reduced cash expenditures, which have alleviated short-term revenue fluctuations and boosted profitability [3]

Company Overview - Feilo Acoustics (SH 600651) announced on October 29 that its 13th Board of Directors meeting was held via telecommunication on October 28, 2025, to review the proposal for the company's Q3 2025 report [1] - As of the report, Feilo Acoustics has a market capitalization of 20.6 billion yuan [1]

Core Viewpoint - Feilo Acoustics (600651.SH) reported a decline in total operating revenue for the first three quarters of 2025, while net profit attributable to shareholders saw significant growth [1] Financial Performance - Total operating revenue for the first three quarters reached 1.343 billion yuan, a year-on-year decrease of 3.74% [1] - Net profit attributable to shareholders was 35.49 million yuan, reflecting a year-on-year increase of 40.16% [1] - Basic earnings per share stood at 0.014 yuan [1]

Core Insights - The company reported a revenue of 1,343,335,139.12 yuan for the first three quarters of 2025, representing a year-on-year decrease of 3.74% [1] - The net profit attributable to shareholders of the listed company was 35,490,681.77 yuan, showing a year-on-year increase of 40.16% [1] Financial Performance - Revenue for the first three quarters of 2025: 1,343,335,139.12 yuan, down 3.74% year-on-year [1] - Net profit for the same period: 35,490,681.77 yuan, up 40.16% year-on-year [1]

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。 证券代码：600651 证券简称：飞乐音响 公告编号：临 2025-034 上海飞乐音响股份有限公司 第十三届董事会第九次会议决议公告 特此公告 上海飞乐音响股份有限公司 董事会 2025 年 10 月 30 日 上海飞乐音响股份有限公司（以下简称"公司"）第十三届董事会第九次会 议通知于 2025 年 10 月 21 日以电子邮件方式发出，会议于 2025 年 10 月 28 日以 通讯方式召开。本次会议应参与表决董事 11 名，实际参与表决董事 11 名。会议 由董事长张丽虹女士主持，会议出席董事人数及召开会议程序符合相关法律法规 及公司章程的规定。会议审议并一致通过以下决议： 一、审议通过《公司 2025 年第三季度报告的议案》。 表决结果：同意 11 票，反对 0 票，弃权 0 票。 本事项已经公司第十三届董事会审计委员会 2025 年第六次会议审议通过。 （具体内容详见公司同日披露的《上海飞乐音响股份有限公司 2025 年第三季度 报告》） ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥450,992,133.86, a decrease of 8.24% compared to the same period last year[3] - The total profit for the period was ¥15,235,747.50, down 12.05% year-on-year, while the net profit attributable to shareholders increased by 13.14% to ¥12,495,037.61[3] - The basic earnings per share for the period was ¥0.005, a 25% increase from the previous year[4] - The company reported a year-to-date net profit attributable to shareholders of ¥35,490,681.77, an increase of 40.16% year-on-year[3] - Net profit for the first three quarters of 2025 reached CNY 37,858,579.61, an increase of 48.9% compared to CNY 25,464,877.15 in 2024[21] - Earnings per share for the first three quarters of 2025 were CNY 0.014, up from CNY 0.010 in the same period of 2024[22] - The company reported a total comprehensive income of CNY 37,858,579.61 for the first three quarters of 2025, compared to CNY 25,286,072.03 in 2024, marking a significant increase[22] Cash Flow - Cash flow from operating activities reached ¥66,496,396.24, representing a significant increase of 69.51% compared to the same period last year[3] - The net cash flow from operating activities for the year-to-date period increased by 102.56% compared to the same period last year[9] - Net cash flow from operating activities was $118.67 million, an increase from $58.58 million year-over-year[25] - Total cash inflow from investment activities was $71.85 million, compared to $56.09 million in the previous period[25] - Cash received from investment income was $71.07 million, an increase from $55.21 million year-over-year[25] - The ending balance of cash and cash equivalents was $1.24 billion, an increase from $1.11 billion at the beginning of the period[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,179,677,071.56, a decrease of 2.49% from the end of the previous year[4] - Total current assets amount to 2,457,030,487.94 RMB, a decrease from 2,488,583,743.98 RMB in the previous period[15] - Total non-current assets amount to 1,722,646,583.62 RMB, down from 1,797,999,289.92 RMB in the previous period[16] - The total liabilities amounted to CNY 1,614,132,343.67, compared to CNY 1,758,875,468.60 in the previous year, indicating a decrease of 8.2%[17] - Total current liabilities amount to 1,489,031,423.02 RMB, an increase from 1,025,652,111.93 RMB in the previous period[16] - Total equity attributable to shareholders of the parent company was CNY 2,492,878,741.87, an increase from CNY 2,457,409,477.12 in 2024[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 78,279[12] - Shanghai Yidian Electronics (Group) Co., Ltd. holds 832,892,472 shares, accounting for 33.22% of total shares[12] - Shanghai Yidian (Group) Co., Ltd. holds 650,636,181 shares, accounting for 25.95% of total shares[12] Operating Costs and Expenses - The company has seen a reduction in operating expenses, which has positively impacted profitability metrics[10] - Total operating costs for the first three quarters of 2025 were CNY 1,372,589,370.56, down from CNY 1,447,058,678.53 in 2024, reflecting a reduction of 5.1%[20] - Research and development expenses for the first three quarters of 2025 were CNY 85,021,232.76, down from CNY 90,508,801.72 in 2024, reflecting a decrease of 6.1%[21] Other Financial Metrics - The weighted average return on equity increased by 0.39 percentage points to 1.43% at the end of the reporting period[4] - Non-recurring gains and losses for the period totaled ¥5,580,216.40, with government subsidies contributing significantly to this figure[6] - Cash outflow from financing activities totaled $233.36 million, up from $260.03 million year-over-year[26] - Cash paid for debt repayment was $209.30 million, slightly lower than $221.98 million in the previous period[26] - The impact of exchange rate changes on cash and cash equivalents was $3.55 million, contrasting with a negative impact of $797,598 in the previous period[26]

Core Insights - A total of 490 stocks in the Shanghai and Shenzhen markets have experienced net outflows of main funds for five consecutive days or more as of October 29 [1] - The stock with the longest continuous net outflow is Zhongju Gaoxin, with 31 days of outflows, followed by Hengshen New Materials with 21 days [1] - The largest total net outflow amount is from China Merchants Bank, with a cumulative outflow of 3.093 billion yuan over 12 days [1] Group 1: Stocks with Longest Net Outflows - Zhongju Gaoxin has seen net outflows for 31 days, with a total outflow of 559 million yuan and a cumulative decline of 6.91% [1] - Hengshen New Materials has recorded net outflows for 21 days, totaling 197 million yuan, with a decline of 9.80% [3] - China Merchants Bank has the highest net outflow amount of 3.093 billion yuan over 12 days, with a net outflow ratio of 6.98% and a cumulative increase of 1.65% [1] Group 2: Other Notable Stocks - Guotai Junan has experienced net outflows for 10 days, amounting to 1.877 billion yuan, with a net outflow ratio of 7.89% and a cumulative increase of 2.70% [1] - Shengbang Co. has seen net outflows for 12 days, totaling 1.826 billion yuan, with a net outflow ratio of 9.52% and a cumulative decline of 10.65% [1] - Huajian Group has recorded net outflows for 6 days, with a total outflow of 1.713 billion yuan and a significant decline of 40.29% [1] Group 3: Stocks with Significant Outflow Ratios - Jianan Intelligent has the highest net outflow ratio at 14.74%, with a decline of 2.98% over the past 5 days [1] - Other notable stocks with high outflow ratios include Huayi Development at 11.91% and Pianzaihuang at 11.84% [1] - The overall trend indicates a significant outflow of funds from various sectors, reflecting investor sentiment and market conditions [1]

Group 1: Innovation in Pharmaceuticals - The State Council has introduced regulations to standardize clinical research and application of biomedical technologies, promoting innovation and ensuring medical quality and safety [1] - The innovative pharmaceutical industry is experiencing positive fundamentals, with overseas licensing amounts exceeding $66.8 billion by mid-2025, and 31% of innovative drugs introduced by international pharmaceutical companies originating from China [1] Group 2: Infrastructure Development - Seven departments, including the Ministry of Industry and Information Technology, have released a plan to enhance new information infrastructure, focusing on the integration of "5G + industrial internet" and the development of computing power infrastructure [2] - The plan aims to promote the resourceization and assetization of industrial data, and to integrate artificial intelligence technologies with service-oriented manufacturing [2] Group 3: Financial Standards - The China Securities Regulatory Commission has published three financial industry standards related to securities exchanges and asset securitization, effective immediately [3] Group 4: Housing and Urban Development - The Ministry of Housing and Urban-Rural Development is deepening reforms in the housing and real estate sectors during the 14th Five-Year Plan, aiming to establish a new model for real estate development and improve the housing supply system [4] Group 5: Healthcare Pricing Regulation - The National Healthcare Security Administration has initiated a special rectification of "dual pricing" practices in designated retail pharmacies, emphasizing the need for fair pricing for insured patients [5][6] Group 6: Cloud Computing Standards - The Ministry of Industry and Information Technology and the National Standardization Administration have issued guidelines for the construction of a comprehensive cloud computing standardization system, aiming to establish over 30 new national and industry standards by 2027 [7] Group 7: Company News - Nengke Technology plans to raise up to 1 billion yuan for the development of its AI training platform [8] - Various companies reported significant year-on-year profit increases, with notable growth from Dao Shi Technology (408.27%) and Dongyangguang (171.08% - 199.88%) [8]