证券日报网讯 10月30日晚间，珠江股份发布2025年第三季度报告称，2025年前三季度公司实现营业收 入1，168，844，500.09元，同比增长3.33%；归属于上市公司股东的净利润为36，695，028.13元，同 比增长111.66%。 （文章来源：证券日报） ...

Core Viewpoint - Zhujiang Co., Ltd. has established itself as a leading player in the real estate comprehensive service sector, particularly in sports venue operations, with strong financial performance in 2025 Q3 [1][2]. Financial Performance - In Q3 2025, Zhujiang Co. achieved a revenue of 1.169 billion yuan, ranking first in the industry, with property services contributing 72.40% and sports operations 26.82% to the total revenue [2]. - The net profit for the same period was 39.0174 million yuan, also ranking first in the industry [2]. Debt and Profitability - The debt-to-asset ratio stood at 70.57% in Q3 2025, a decrease from 71.82% year-on-year, aligning with the industry average [3]. - The gross profit margin was 16.31%, down from 19.51% year-on-year, but still in line with the industry average [3]. Executive Compensation - Chairman Li Chao's compensation for 2024 was 506,700 yuan, an increase of 151,300 yuan from 2023 [4]. Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 0.96% to 35,900, with an average holding of 23,800 circulating A-shares, a decrease of 0.96% [5]. - Notable changes among the top ten shareholders included a decrease in holdings by Southern CSI Real Estate ETF and new entries from several mixed funds [5]. Business Highlights - The sports operations segment saw a revenue increase of 52.1% in H1 2025, reaching 199 million yuan, with 31 managed venues covering approximately 3.3007 million square meters [5][6]. - The company is focusing on digital upgrades in the sports industry through the development of AI training systems and SaaS management systems [5]. - The urban services segment is expanding, with 365 managed residential and public projects covering about 43.84 million square meters, a 12.27% increase from the end of 2024 [6].

证券代码：600684 证券简称：珠江股份 编号：2025-066 广州珠江发展集团股份有限公司 第十一届董事会 2025 年第十次会议决议 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。 广州珠江发展集团股份有限公司（以下简称"公司"）第十一届董事会 2025 年第十次会议于 2025 年 10 月 24 日以书面方式发出会议通知及材料汇编， 并于 2025 年 10 月 29 日以通讯方式召开。本次会议应出席董事 8 人，实际出席 董事 8 人，由公司董事长李超佐先生召集并主持。会议的召集、召开和表决程 序符合有关法律、行政法规、部门规章、规范性文件和《公司章程》的规定， 并形成了如下决议： 一、审议通过《2025 年第三季度报告》 表决情况：同意 8 票，反对 0 票，弃权 0 票。 本事项已经第十一届董事会审计委员会 2025 年第五次会议审议通过。 具体内容详见上海证券交易所网站（www.sse.com.cn）。 二、审议通过《关于 2025 年 1-9 月计提资产减值准备的议案》 表决情况：同意 8 票，反对 ...

中国国际金融股份有限公司 关于广州珠江发展集团股份有限公司 使用部分闲置募集资金进行现金管理事项的核查意见 中国国际金融股份有限公司（以下简称"中金公司"或"保荐机构"）作为广州 珠江发展集团股份有限公司（以下简称"珠江股份"或"公司"）的保荐机构，根据 《证券发行上市保荐业务管理办法》《上海证券交易所上市公司自律监管指引第 11 号——持续督导》《上市公司募集资金监管规则》《上海证券交易所股票上 市规则》及《上海证券交易所上市公司自律监管指引第 1 号——规范运作》等有 关规定，就珠江股份使用部分闲置募集资金进行现金管理事项进行了审慎核查， 发表核查意见如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意广州珠江发展集团股份有限公司向特 定对象发行股票注册的批复》（证监许可〔2025〕1954 号）的核准，公司向特 定对象广州珠江实业集团有限公司发行股票数量 252,613,560 股，每股发行价格 为 2.92 元，募集资金总额人民币 737,631,595.20 元，扣除各项发行费用人民币 4,568,041.49 元（不含税），实际募集资金净额人民币 733,063,553.71 元。 上 ...

证券代码：600684 证券简称：珠江股份 编号：2025-068 广州珠江发展集团股份有限公司 关于 2025 年 1-9 月计提资产减值准备的公 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。 根据应收账款坏账准备相关会计准则及公司会计政策规定，2025 年 1-9 月 公司新增计提应收账款坏账准备金额为 1,106.06 万元。 （二）其他应收款 根据其他应收款坏账准备相关会计准则及公司会计政策规定，2025 年 1-9 月公司新增计提其他应收款坏账准备金额为 421.18 万元，转回其他应收账款坏 账准备金额为 8 万元。 二、本次计提减值准备的审议程序 公司第十一届董事会审计委员会 2025 年第五次会议于 2025 年 10 月 24 日 审议通过《关于 2025 年 1-9 月计提资产减值准备的议案》并报送公司董事会审 议。 公司第十一届董事会 2025 年第十次会议于 2025 年 10 月 29 日审议通过 《关于 2025 年 1-9 月计提资产减值准备的议案》，董事会认为：公司本次计提 资产减值准备遵 ...

证券代码：600684 证券简称：珠江股份 公告编号：2025-069 广州珠江发展集团股份有限公司 关于使用部分闲置募集资金进行现金管理的公告 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： 基本情况 | 投资金额 | 不超过人民币 2.2 亿元（含本数） | | --- | --- | | 投资种类 | 安全性高、流动性好、产品期限不超过 12 个月的由具有合 | | | 法经营资格的金融机构销售的保本型投资产品，包括但不 | | | 限于结构性存款、通知存款、定期存款、大额存单等，投 | | | 资产品不得用于质押。 | | 资金来源 | 募集资金 | 已履行及拟履行的审议程序：广州珠江发展集团股份有限公司（以下 简称"公司"）于 2025 年 10 月 29 日召开第十一届董事会 2025 年第十次会议、 第十一届监事会 2025 年第六次会议，审议通过了《关于使用部分闲置募集资 金进行现金管理的议案》，保荐人中国国际金融股份有限公司对本次使用部分 闲置募集资金进行现金管理的事项无异议。本事项无需提交股 ...

证券代码：600684 证券简称：珠江股份 编号：2025-070 广州珠江发展集团股份有限公司 关于续聘 2025 年度会计师事务所的公告 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： 拟聘任的会计师事务所名称：大信会计师事务所（特殊普通合伙） 大信会计师事务所（特殊普通合伙）（以下简称"大信事务所"）2020 年-2024 年为广州珠江发展集团股份有限公司（以下简称"公司"）提供年度财务报告审 计和内部控制审计服务。大信事务所信誉良好、证券执业资格完备，拥有较强的 实力和专业服务能力，较好地完成了本公司 2020 年度至 2024 年度审计任务。 （三）业务信息 2024 年度业务收入 15.75 亿元，为超过 10,000 家公司提供服务。业务收入 中，审计业务收入 13.78 亿元、证券业务收入 4.05 亿元。2024 年上市公司年报 审计客户 221 家（含 H 股），平均资产额 195.44 亿元，收费总额 2.82 亿元。主 要分布于制造业，信息传输、软件和信息技术服务业，电力、热力、燃气及水 ...

证券代码：600684 证券简称：珠江股份 编号：2025-071 广州珠江发展集团股份有限公司 关于资金拆借的进展公告 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： 单位：万元 币种：人民币 企业名称 资金拆借 性质 报表列示 科目 账面投资余额 投资到期年限 年利率 累计应收 资金占用费 已收资金 占用费 应收未收回 资金占用费 广州东湛房地产 开发有限公司 非委托贷款 其他应收款 33,500.00 2021 年 12% 29,513.50 1,884.64 27,628.86 广州市盛唐房地 产开发有限公司 委托贷款 一年内到期的非 流动资产 6,500.00 2021 年 15% 3,621.37 586.06 3,035.31 合计 ---- ---- 40,000.00 ---- ---- 33,134.87 2,470.70 30,664.17 截至 2025 年 9 月 30 日，公司对外资金拆借投资余额 40,000 万元，其中：对东湛公 司的债权投资余额为 33,500.00 万元；对盛 ...

证券代码：600684 证券简称：珠江股份 编号：2025-067 广州珠江发展集团股份有限公司 第十一届监事会 2025 年第六次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 广州珠江发展集团股份有限公司（以下简称"公司"）第十一届监事会 2025 年第六次会议于 2025 年 10 月 24 日以书面方式发出会议通知及材料汇编，并于 2025 年 10 月 29 日以通讯方式召开。本次会议应出席监事 5 人，实际出席监事 5 人，由公司监事会主席高立先生召集并主持。会议的召集、召开和表决程序符合有 关法律、行政法规、部门规章、规范性文件和《公司章程》的规定，并形成了如下 决议： 一、审议通过《2025 年第三季度报告》 表决情况：同意 5 票，反对 0 票，弃权 0 票。 公司《2025 年第三季度报告》的编制和审议程序符合法律、法规、《公司章 程》和公司内部管理制度的各项规定；公司《2025 年第三季度报告》的内容和格 式符合中国证监会和上海证券交易所的各项规定，所包含的信息能从各方面真实地 反映出公司的经营管理和财务状况；在公司监事会提出本意见前，未发现参与 《20 ...

Financial Performance - The company's operating revenue for the third quarter was ¥425,649,087.25, a decrease of 9.00% compared to the same period last year[4] - The total profit for the quarter was ¥24,159,462.02, down 15.93% year-on-year[4] - The net profit attributable to shareholders was ¥17,216,838.65, reflecting a decline of 26.96% compared to the previous year[4] - The basic earnings per share for the quarter was ¥0.02, a decrease of 33.33% year-on-year[5] - The weighted average return on equity decreased by 1.71 percentage points to 3.53% for the quarter[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 38.78% year-to-date[9] - Total operating revenue for the first three quarters of 2025 reached ¥1,168,844,500.09, an increase from ¥1,131,228,303.28 in the same period of 2024, representing a growth of approximately 3.8%[19] - Net profit for the first three quarters of 2025 was ¥39,017,357.76, up from ¥18,917,554.89 in 2024, reflecting a growth of approximately 106.5%[21] - The net profit attributable to shareholders of the parent company for the first three quarters of 2025 was ¥36,695,028.13, compared to ¥17,337,021.24 in 2024, marking an increase of about 111.5%[21] - The company reported a decrease in other comprehensive income, with a net amount of -¥99,971.01 for the first three quarters of 2025, compared to ¥199,948.17 in 2024[21] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.04, compared to ¥0.02 in 2024, indicating a 100% increase[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,853,095,930.15, an increase of 5.04% from the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥1,486,471,335.22, an increase from ¥1,387,900,785.32 as of December 31, 2024[15] - Total liabilities as of September 30, 2025, are ¥1,235,612,158.97, compared to ¥1,198,041,420.65 at the end of 2024[16] - The total liabilities as of the latest reporting period amounted to ¥1,307,792,533.49, up from ¥1,264,116,970.24, showing an increase of approximately 3.5%[20] - Total equity attributable to shareholders of the parent company increased to ¥496,909,706.59 from ¥460,314,649.47, representing a growth of about 7.9%[20] - The total assets as of the latest reporting period were ¥1,853,095,930.15, an increase from ¥1,764,195,655.16, reflecting a growth of approximately 5.0%[20] - The total cash inflow from financing activities was 109,600,000.00 RMB, down from 816,480,000.00 RMB in the previous period, reflecting a decrease in capital raised[25] - The total liabilities were 687,886,475.01 RMB, down from 704,330,693.65 RMB, indicating a reduction in the company's debt levels[29] - The company's total equity was 296,412,565.67 RMB, a decrease from 306,932,517.74 RMB, suggesting a decline in shareholder value[29] Cash Flow - The company reported a cash flow from operating activities of -¥123,336,751.41 year-to-date, a decline of 199.56% compared to the previous year[4] - Cash flow from operating activities for the first three quarters of 2025 was ¥1,073,978,343.93, compared to ¥1,034,656,441.46 in 2024, indicating an increase of approximately 3.8%[23] - The net cash flow from operating activities was -123,336,751.41 RMB, compared to a positive cash flow of 123,883,275.23 RMB in the previous period, indicating a significant decline in operational performance[24] - The cash flow from operating activities for the first three quarters of 2025 was a net outflow of CNY 15,621,113.45, contrasting with a net inflow of CNY 182,184,663.04 in the same period of 2024[34] Shareholder Information - Total number of common shareholders at the end of the reporting period is 35,902[12] - The largest shareholder, Guangzhou Pearl River Industrial Group Co., Ltd., holds 265,409,503 shares, accounting for 31.10% of total shares[12] - The company has no significant changes in the top 10 shareholders or their participation in margin trading[13] Operational Insights - The company reported no significant new strategies or product developments during the reporting period[14] - There are no applicable reminders for investors regarding the company's operational situation during the reporting period[14] Investment Performance - Cash inflow from investment activities was 40,074,533.89 RMB, significantly higher than 668,525.51 RMB in the previous period, indicating improved investment returns[24] - The net cash flow from investment activities was 14,657,258.27 RMB, compared to -4,064,872.39 RMB previously, showing a positive turnaround in investment performance[24] - The company reported an investment loss of CNY 2,179,688.15 in the first three quarters of 2025, compared to a gain of CNY 654,900.29 in the same period of 2024[31] Expense Management - The company incurred financial expenses of CNY 13,803,775.07 in the first three quarters of 2025, a decrease from CNY 17,400,045.02 in the same period of 2024[31] - The company’s management expenses increased to CNY 5,585,598.28 in the first three quarters of 2025, compared to CNY 2,371,319.62 in the same period of 2024, reflecting an increase of approximately 135.5%[31]