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。 浙江鼎龙科技股份有限公司（以下简称公司）于 2025 年 1 月 24 日召开第二 届董事会第五次会议和第二届监事会第五次会议，于 2025 年 2 月 18 日召开 2025 年第一次临时股东会，审议通过《关于使用部分闲置募集资金进行现金管理的议 案》，同意公司为提高募集资金使用效益，在确保募集资金使用计划正常进行和 募集资金安全的前提下，使用最高余额不超过人民币 3.5 亿元（任一时点总额度， 含收益进行再投资的相关金额，含本数）的暂时闲置募集资金进行现金管理，用 于投资于安全性高、流动性好、风险低的现金管理产品，投资额度自股东会审议 通过之日起 12 个月内有效，公司可在上述额度及期限内滚动使用投资额度。具 体内容详见公司于 2025 年 1 月 28 日在上海证券交易所网站（www.sse.com.cn） 披露的《关于使用部分闲置募集资金进行现金管理的公告》（公告编号：2025-006）。 2025 年 11 月 5 日，公司于 2025 年 10 月 9 日购买的结构性 ...

Core Viewpoint - Dinglong Technology, established in May 2007, is a specialized enterprise in the fine chemical sector, focusing on R&D, production, and sales of fine chemical products, and was listed on the Shanghai Stock Exchange on December 27, 2023 [1] Financial Performance - For Q3 2025, Dinglong Technology reported revenue of 540 million yuan, ranking 52nd among 79 companies in the industry, significantly lower than the top competitors, Sinochem International at 35.716 billion yuan and Hangyang Co. at 11.428 billion yuan [2] - The company's net profit for the same period was 124 million yuan, ranking 21st in the industry, outperforming the industry average of 74.44 million yuan and median of 53.25 million yuan [2] Financial Ratios - As of Q3 2025, Dinglong Technology's debt-to-asset ratio was 7.47%, down from 8.43% year-on-year, well below the industry average of 34.74%, indicating strong solvency [3] - The gross profit margin for the same period was 37.89%, slightly down from 39.39% year-on-year but still above the industry average of 19.93% [3] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 7.75% to 18,900, while the average number of shares held per shareholder increased by 8.40% to 3,116.66 shares [5] - The top circulating shareholder is Ping An Advanced Manufacturing Theme Stock Fund, holding 1.2732 million shares, an increase of 147,800 shares from the previous period [5] Future Outlook - According to Huazhang Securities, the projected net profits for Dinglong Technology from 2025 to 2027 are 185 million, 211 million, and 243 million yuan, with corresponding P/E ratios of 26.28X, 23.03X, and 19.98X, maintaining a "buy" rating [5] - Key business highlights include stable gross margins, expected growth in dye and agricultural materials, product structure optimization, and the completion of fundraising projects by mid-2025 [5]

证券代码：603004 证券简称：鼎龙科技 公告编号：2025-055 浙江鼎龙科技股份有限公司 关于使用部分闲置募集资金进行现金管理 到期赎回的公告 浙江鼎龙科技股份有限公司董事会 2025 年 11 月 1 日 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。 浙江鼎龙科技股份有限公司（以下简称公司）于 2025 年 1 月 24 日召开第二 届董事会第五次会议和第二届监事会第五次会议，于 2025 年 2 月 18 日召开 2025 年第一次临时股东会，审议通过《关于使用部分闲置募集资金进行现金管理的议 案》，同意公司为提高募集资金使用效益，在确保募集资金使用计划正常进行和 募集资金安全的前提下，使用最高余额不超过人民币 3.5 亿元（任一时点总额度， 含收益进行再投资的相关金额，含本数）的暂时闲置募集资金进行现金管理，用 于投资于安全性高、流动性好、风险低的现金管理产品，投资额度自股东会审议 通过之日起 12 个月内有效，公司可在上述额度及期限内滚动使用投资额度。具 体内容详见公司于 2025 年 1 月 28 日在上海 ...

Core Insights - PBO fiber (Poly(p-phenylene-2,6-benzobisoxazole) fiber) is recognized for its exceptional mechanical properties and high-temperature resistance, making it widely applicable in high-end sectors such as aerospace, defense, and firefighting [1][6] - The market size for PBO fiber in China is projected to reach approximately 149 million yuan in 2024, reflecting a year-on-year growth of 4.93% [8][9] Industry Overview - PBO fiber is a fully aromatic rigid rod-like polymer formed by alternating benzene and oxazole rings, known for its high tensile strength and modulus, excellent heat resistance, flame retardancy, and impact resistance [2] - Despite being termed the "super fiber of the 21st century," PBO fiber faces significant challenges, including insufficient compressive strength, poor interface adhesion, low light resistance, high production costs, and limitations in extreme high-temperature stability [4][5] Industry Chain - The upstream of the PBO fiber industry chain includes raw materials such as 4,6-diaminophenol hydrochloride, terephthalic acid, and polyphosphoric acid, along with production equipment [5] - The downstream applications of PBO fiber span various sectors, including aerospace, defense, rail transportation, electronic communication, sports goods, and medical devices [6] Market Dynamics - The price of domestic purified terephthalic acid (PTA) has been on a gradual decline, with a reported price of 4,540 yuan per ton as of September 2025, down 9.74% year-on-year. This reduction in PTA prices presents an opportunity for PBO fiber producers to lower costs and enhance profit margins [8] Key Players - The competitive landscape of the PBO fiber industry is characterized by an "oligopoly" with high technical barriers. Key players include: - **Dinglong Technology**: The leading domestic supplier of PBO monomer (DAR hydrochloride), achieving high purity production and breaking the monopoly of Japanese suppliers [10] - **Chengdu Xincheng**: Holds a production capacity of 380 tons/year and has established a significant presence in the defense and aerospace sectors [9] - **Zhonglan Chenguang**: Recognized for its technological advancements and applications in high-end markets such as foldable smartphones and robotics [11] Industry Development Trends 1. **Continuous Technological Innovation**: The PBO fiber industry is experiencing breakthroughs in performance through innovations, such as the development of STARAMID® CG-PBO fiber with a tensile strength of 5.8 GPa and heat resistance of 600°C [12] 2. **Expansion of Application Scenarios**: The lightweight and high-temperature resistance of PBO fiber is driving demand in aerospace, military, and new energy sectors, with potential applications in electric vehicle battery casings and high-strength ropes for extreme environments [12] 3. **Accelerated Industry Chain Integration**: Domestic companies are reducing production costs through vertical integration, with advancements in production processes leading to improved yield rates and lower unit costs [13]

Core Viewpoint - The company, Zhejiang Dinglong Technology Co., Ltd., has released its third-quarter report for 2025, ensuring the accuracy and completeness of the information provided in the report [8][21]. Financial Data - The third-quarter financial report has not been audited, and the financial data is presented in Renminbi [3][7]. - The report includes major accounting data and financial indicators, although specific figures are not detailed in the provided text [3][4]. Shareholder Information - The report includes information on the total number of ordinary shareholders and the top ten shareholders, although specific details are not provided [5]. Product Performance - The report outlines the production volume, sales volume, and revenue of the company's main products during the reporting period, including externally procured finished products [16]. - Average price changes for key products are noted, with specific percentage changes for various product categories compared to previous periods [17]. Price Changes of Raw Materials - The report mentions the price changes of key raw materials used in production, although specific figures are not provided [18]. Other Important Information - No significant events affecting the company's operations occurred during the third quarter of 2025 [19]. - The company plans to hold an investor briefing on November 14, 2025, to discuss the third-quarter results and address investor questions [21][24].

证券代码：603004 证券简称：鼎龙科技 公告编号：2025-054 浙江鼎龙科技股份有限公司 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： 投资者可于 2025 年 11 月 07 日（星期五）至 11 月 13 日（星期四）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 公 司 邮 箱 investor@dragon-chem.com 进行提问。公司将在说明会上对投资者普遍关注的问 题进行回答。 浙江鼎龙科技股份有限公司（以下简称公司）已于 2025 年 10 月 30 日发布 公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第 三季度经营成果、财务状况，公司计划于 2025 年 11 月 14 日（星期五）14:00-15:00 举行 2025 年第三季度业绩说明会，就投资者关心的问题进行交流。 本次投资者说明会以网络互动形式召开，公司将针对 2025 ...

浙江鼎龙科技股份有限公司（以下简称公司）根据《上海证券交易所上市公 司自律监管指引第3号—行业信息披露：第十三号——化工》有关规定和披露要 求，现将2025年第三季度主要经营数据公告如下： 证券代码：603004 证券简称：鼎龙科技 公告编号：2025-053 浙江鼎龙科技股份有限公司 2025 年第三季度主要经营数据公告 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。 四、其他说明 2025 年第三季度未发生对公司生产经营具有重大影响的其他事项。 注：报告期内，生产量和销售量包括了公司向外采购的成品。 | 主要产品名称 | 销售均价（万元/吨） | | | | 同比变 | 三季度较二 季度环比变 | | --- | --- | --- | --- | --- | --- | --- | | | 2025 年 月 年 | 7-9 | 2024 | 7-9 月 | 动幅度 | 动幅度 | | 染发剂原料 | | 26.65 | | 25.87 | 3.02% | -2.09% | | 特种工程材料单体 | | 28.77 | | ...

一、董事会会议召开情况 浙江鼎龙科技股份有限公司（以下简称公司）第二届董事会第九次会议于 2025 年 10 月 28 日在公司会议室以现场结合电子通信方式召开。会议通知已于 2025 年 10 月 24 日通过电子通信方式送达各位董事。本次会议应出席董事 8 人， 实际出席董事 8 人。会议由董事长主持，公司高级管理人员列席。本次会议的召 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。 二、董事会会议审议情况 审议《关于<2025年第三季度报告>的议案》 2025年度第三季度报告所涉财务信息已经公司董事会审计委员会审议通过。 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的 《2025年第三季度报告》。 表决结果：同意8票，反对0票，弃权0票，审议通过。 证券代码：603004 证券简称：鼎龙科技 公告编号：2025-052 浙江鼎龙科技股份有限公司 第二届董事会第九次会议决议公告 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。 三、备查文件 1、第二届董 ...

Financial Performance - The company's operating revenue for the third quarter was ¥189,181,978.84, an increase of 14.50% compared to the same period last year[4] - The net profit attributable to shareholders was ¥36,157,198.93, showing a slight decrease of 0.57% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥33,300,004.50, an increase of 4.27% compared to the previous year[4] - Basic earnings per share were ¥0.15, with a year-to-date increase of 13.04%[5] - Net profit for the first three quarters of 2025 was ¥124,094,301.62, compared to ¥108,856,545.43 in 2024, representing a growth of 13.9%[20] - Earnings per share for the first three quarters of 2025 were ¥0.52, an increase from ¥0.46 in the same period of 2024[21] - The total comprehensive income for the first three quarters of 2025 was ¥124,795,780.91, compared to ¥108,849,759.04 in 2024, reflecting an increase of 14.7%[21] Revenue and Costs - The increase in operating revenue was primarily due to higher sales of hair dye raw materials and specialty engineering materials[9] - Total operating revenue for the first three quarters of 2025 reached ¥540,104,376.31, an increase of 11.3% compared to ¥485,127,673.37 in the same period of 2024[19] - Total operating costs for the first three quarters of 2025 were ¥401,947,348.20, up from ¥362,497,614.71 in 2024, reflecting a year-on-year increase of 10.9%[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,239,812,369.49, representing a 2.69% increase from the end of the previous year[5] - The company's total liabilities decreased to ¥167,237,580.04 in 2025 from ¥185,820,679.21 in 2024, a reduction of approximately 10%[17] - The total equity attributable to shareholders increased to ¥2,070,957,475.03 in 2025 from ¥1,994,182,419.11 in 2024, marking a growth of 3.4%[17] Cash Flow - The cash flow from operating activities for the year-to-date was ¥171,044,822.02, reflecting an increase of 8.48%[4] - Cash inflow from operating activities for the first three quarters of 2025 was approximately $597.54 million, an increase from $567.29 million in the same period of 2024, representing a growth of about 5.5%[23] - Net cash flow from operating activities for the first three quarters of 2025 was $171.04 million, compared to $157.68 million in 2024, indicating an increase of approximately 8.5%[24] - Cash inflow from investment activities in the first three quarters of 2025 reached $2.15 billion, up from $1.64 billion in 2024, marking a growth of about 30.9%[24] - The total cash and cash equivalents at the end of the third quarter of 2025 stood at approximately $610.39 million, slightly down from $590.78 million in 2024[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 18,892[12] - Zhejiang Dinglong New Materials Co., Ltd. holds 70.75% of shares, totaling 166,640,000 shares[12] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥25,271,793.94, down from ¥31,329,631.89 in 2024, indicating a decrease of 19.3%[19] Non-Recurring Gains - The company reported non-recurring gains of ¥2,857,194.43 for the current period[8] - The company reported an investment income of ¥6,628,053.14 for the first three quarters of 2025, significantly higher than ¥1,985,292.09 in 2024[20] Other Information - The company has no significant changes in shareholder relationships or actions related to share lending[13] - The company has not adopted new accounting standards or interpretations affecting the financial statements for the year of first execution[26]

Core Viewpoint - Dinglong Technology (603004.SH) aims to enhance its development strategy by increasing investments in the new materials sector through participation in equity investment funds, collaborating with professional investment institutions to leverage their resources and capabilities [1] Group 1: Investment Details - The company signed a share transfer agreement on September 30, 2025, to acquire a 3% stake in the Anfeng Yuangang Fund from Anfeng Venture Capital for 4.2 million yuan, with a total contribution amount of 6 million yuan, of which 1.8 million yuan is unpaid [1] - Additionally, the company will acquire a 1% stake in the Anfeng Yuangang Fund from Zhejiang Anfeng Asset Management for 1.4 million yuan, with a total contribution amount of 2 million yuan, of which 600,000 yuan is unpaid [1] - After the completion of the transaction and related procedures, the company will become a limited partner in the Anfeng Yuangang Fund and will fulfill its capital contribution obligation of 2.4 million yuan as agreed [1] Group 2: Fund Management and Registration - The Anfeng Yuangang Fund has been registered with the Asset Management Association of China (registration number SACP39) [1] - The fund is managed by Hangzhou Anfeng Private Fund Management Co., Ltd., which is a registered private fund manager with the Asset Management Association of China [1] - This transaction constitutes a joint investment with professional investment institutions [1]