Core Viewpoint - Jiangsu Jinzhong's performance for the first nine months of 2025 met expectations, with significant growth in revenue and net profit, indicating a stable financial position and positive asset quality trends [1][2]. Financial Performance - The company achieved operating revenue of 4.638 billion yuan, a year-on-year increase of 17.15%, and a net profit attributable to shareholders of 2.446 billion yuan, up 9.82% year-on-year [1]. - In Q3 alone, the operating revenue reached 1.632 billion yuan, reflecting a year-on-year growth of 21.51% and a quarter-on-quarter increase of 11.62% [1]. - The cumulative EPS for the first three quarters was 0.42 yuan, with a weighted average return on equity of 9.92% [1]. Asset Quality and Profitability - The company reported a non-performing financing lease asset ratio of 0.90%, a decrease of 1 basis point from the previous year, indicating improved asset quality [2]. - The net interest margin for the leasing business reached 3.75%, an increase of 0.08 percentage points year-on-year, driven by stable asset yields and reduced funding costs [2]. Dividend Policy - The interim dividend payout ratio was 48%, with a dividend yield of 2.16% (not annualized) [2]. - The company plans to distribute cash dividends of 1.3 yuan per 10 shares (including tax), amounting to a total of 753 million yuan, which represents 48.14% of the net profit attributable to shareholders for the first half of the year [2]. Investment Outlook - The company is expected to maintain steady growth in its balance sheet and improve profitability, leading to an upward revision of profit forecasts for 2025-2027 [3]. - The revised net profit estimates for 2025, 2026, and 2027 are 3.23 billion yuan, 3.53 billion yuan, and 3.92 billion yuan, respectively, reflecting year-on-year growth rates of 9.9%, 9.0%, and 11.1% [3].

Group 1 - The announcement date for the changes is October 24, 2025 [1] - China Merchants Fund Management Co., Ltd. has added Minsheng Securities Co., Ltd. as a broker for on-site subscription and redemption for certain funds starting from October 24, 2025 [2] - Investors can consult detailed information through the company's official website [4] Group 2 - The announcement includes basic information about the new fund manager and other necessary explanations [6] - Investors are advised to read the fund contract and prospectus to understand the risk-return characteristics of the fund products [4] - The company emphasizes the importance of independent decision-making based on individual risk tolerance and investment goals [4]

Group 1 - China Shenhua's net profit for the first three quarters decreased by 10% year-on-year, with total revenue of 213.15 billion yuan, down 16.6% [1][2] - Dongfang Caifu reported a 51% increase in net profit for the first three quarters, reaching 90.97 billion yuan, a 50.57% year-on-year growth [3][4] - Geer Co. achieved a net profit growth of 10.33% year-on-year, totaling 25.87 billion yuan, despite a 2.21% decline in revenue [5][6] Group 2 - Changan Automobile's net profit fell by 14.66% year-on-year, with total revenue of 1,149.27 billion yuan, up 3.58% [7][8] - Zhinanzhen reported a significant net profit increase of 205% year-on-year, reaching 1.16 billion yuan, driven by growth in financial information services [9] - Dongpeng Beverage's net profit grew by 42% year-on-year, totaling 37.61 billion yuan for the first three quarters [10][11] Group 3 - Ping An Bank's net profit decreased by 2.8% year-on-year, with total revenue of 1,006.68 billion yuan, down 9.8% [12][13] - Goldwind Technology reported a 171% increase in net profit for the third quarter, reaching 25.84 billion yuan for the first three quarters [15] - Yilong Co. achieved a net profit growth of 113.97% year-on-year, totaling 19.88 billion yuan in the third quarter [16][17] Group 4 - Tongwei Co. reported a net loss of 5.27 billion yuan for the first three quarters, with total revenue of 646 billion yuan, down 5.38% [18][19] - CITIC Securities' net profit increased by 52% year-on-year, reaching 231.59 billion yuan for the first three quarters [20] - Wanhua Chemical's net profit decreased by 17.45% year-on-year, totaling 91.57 billion yuan for the first three quarters [21] Group 5 - Luoyang Molybdenum's net profit increased by 96.4% year-on-year, reaching 142.80 billion yuan for the first three quarters [22] - Xiamen Tungsten's net profit grew by 41.54% year-on-year, totaling 5.52 billion yuan for the first three quarters [44] - Huazhong Cement's net profit increased by 76% year-on-year, reaching 20.04 billion yuan for the first three quarters [41]

Group 1: Company Performance - Jiangsu Jinzu reported a revenue of approximately 4.638 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 17.15% [1] - The net profit attributable to shareholders was about 2.446 billion yuan, showing a year-on-year increase of 9.82% [1] - Basic earnings per share decreased by 17.65% to 0.42 yuan [1] Group 2: Market Context - As of the report date, Jiangsu Jinzu's market capitalization stood at 34.8 billion yuan [2] - The Chinese innovative drug sector has seen significant overseas licensing sales totaling 80 billion dollars this year [2] - The secondary market for biopharmaceuticals is experiencing a surge, while the primary market is facing challenges in fundraising [2]

江苏金融租赁股份有限公司 投资者关系管理办法 第一章 总则 （五）增加信息披露透明度，改善公司治理。 第五条 投资者关系工作的基本原则是： 第一条 为推动江苏金融租赁股份有限公司（以下简称"公司"） 完善公司治理结构，规范公司投资者关系管理工作，促进公司在资本 市场良性发展，特制订本办法。 第二条 投资者关系是指公司与投资者及潜在投资者之间的关 系。投资者关系管理是指公司通过信息披露与交流等各种方式的投资 者关系活动，加强与投资者和潜在投资者之间的沟通，增进投资者对 公司了解和认同，提升公司治理水平，以实现公司整体利益最大化和 股东利益最大化的战略管理行为。 第三条 公司投资者关系管理工作应严格遵守《中华人民共和国 公司法》《中华人民共和国证券法》等有关法律法规，符合中国证券 监督管理委员会《上市公司投资者关系管理工作指引》要求及上海证 券交易所有关业务规定。除非得到明确授权并经过培训，公司任何董 事、高级管理人员和员工不得在投资者关系活动中代表公司发言。 第二章 目的与基本原则 第四条 投资者关系工作的目的是： （一）促进公司与投资者之间的良性关系，增进投资者对公司的 进一步了解和熟悉； （二）建立稳定和优 ...

江苏金融租赁股份有限公司 信息披露暂缓与豁免管理办法 第一条 为规范江苏金融租赁股份有限公司（以下简称"公司"） 和其他信息披露义务人信息披露暂缓、豁免行为，加强信息披露监管， 保护投资者合法权益，根据《中华人民共和国保守国家秘密法》《中 华人民共和国证券法》《上市公司信息披露管理办法》《上市公司信 息披露暂缓与豁免管理规定》《上海证券交易所股票上市规则》及《 公司章程》等规定，制定本办法。 第二条 公司和其他信息披露义务人暂缓、豁免披露临时报告， 在定期报告、临时报告中豁免披露中国证券监督管理委员会和上海证 券交易所规定或者要求披露的内容，适用本规定。 第三条 公司和其他信息披露义务人应当真实、准确、完整、及 时、公平地披露信息，不得滥用暂缓或者豁免披露规避信息披露义务、 误导投资者，不得实施内幕交易、操纵市场等违法行为。 第四条 公司和其他信息披露义务人应当审慎确定信息披露暂缓、 豁免事项，履行内部审核程序后实施。 （一）暂缓、豁免披露原因已消除； （二）有关信息难以保密； 第五条 公司和其他信息披露义务人有确实充分的证据证明拟披 露的信息涉及国家秘密或者其他因披露可能导致违反国家保密规定、 管理要求的事 ...

江苏金融租赁股份有限公司 第四届监事会第九次会议决议公告 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。 江苏金融租赁股份有限公司（以下简称"公司"）第四届监事会 第九次会议通知及议案于 2025 年 10 月 14 日以书面形式发出。会议 于 2025 年 10 月 24 日以现场会议的方式在公司召开。会议应出席监 事 6 人，实际出席监事 6 人。本次会议由陈凤艳女士主持。本次会议 的召集召开程序符合《公司法》《公司章程》及《监事会议事规则》 等有关规定，表决所形成的决议合法、有效。经与会监事的认真审议， 表决和通过了如下议案： 证券代码：600901 证券简称：江苏金租 公告编号：2025-053 一、关于《2025 年第三季度报告》的议案 表决结果：同意【 6 】票，反对【 0 】票，弃权【 0 】票。 二、关于 2025 年中期利润分配方案的议案 表决结果：同意【6】票，反对【0】票，弃权【0】票。 特此公告。 江苏金融租赁股份有限公司监事会 2025 年 10 月 25 日 ...

证券代码：600901 证券简称：江苏金租 公告编号：2025-052 江苏金融租赁股份有限公司 第四届董事会第十四次会议决议公告 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。 江苏金融租赁股份有限公司（以下简称"公司"）第四届董事会第 十四次会议的通知于 2025 年 10 月 14 日以书面形式发出。本次会议于 2025 年 10 月 24 日以现场会议的方式在公司召开。会议应出席董事 11 人，实际出席董事 10 人。吴尚岗董事因工作原因未能亲自出席本次会 议，已书面委托王海涛董事代为行使表决权。会议由董事长周柏青先生 主持。本次会议的召集召开程序符合《公司法》《公司章程》及《董事 会议事规则》等有关规定。本次会议审议通过了以下议案： 一、审议《关于<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。 本议案已经第四届董事会审计委员会第八次会议审议通过。 二、审议《关于 2025 年中期利润分配方案的议案》 表决结果：同意【 11 】票，反对【 0 】票，弃权【 0 ...

江苏金融租赁股份有限公司 关于 2025 年中期利润分配方案的公告 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 ●每股分配比例：A 股每 10 股派发现金红利人民币 1.30 元（含 税）。 ●本次利润分配以实施权益分派股权登记日登记的总股本为基 数，具体日期将在权益分配实施公告中明确。 证券代码：600901 证券简称：江苏金租 公告编号：2025-054 根据公司2024年度股东大会授权，本次利润分配方案经董事会审 议通过后实施。 二、公司履行的决策程序 2025年5月19日，公司2024年度股东大会审议通过《关于提请股 东大会授权董事会决定2025年中期利润分配事项的议案》，已授权董 事会在符合利润分配条件的情况下制定并实施具体的2025年中期利 润分配方案。 （一）董事会会议的召开、审议和表决情况 公司于2025年10月24日召开第四届董事会第十四次会议，审议通 过了《关于2025年中期利润分配方案的议案》，本方案符合公司章程 规定的利润分配政策。 ●在实施权益分派的股权登记日前若公司总股本发生变动 ...

Core Insights - Jiangsu Jinzu (600901) reported a third-quarter revenue of 1.632 billion yuan, representing a year-on-year increase of 21.51% [1] - The net profit for the third quarter was 882 million yuan, showing a year-on-year growth of 11.24% [1] - For the first three quarters, the total revenue reached 4.638 billion yuan, up 17.15% year-on-year, while net profit was 2.446 billion yuan, reflecting a 9.82% increase [1] - The basic earnings per share stood at 0.42 yuan [1]