Core Viewpoint - Lehui International (603076.SH) reported a third-quarter revenue of 334 million yuan, representing a year-on-year increase of 20.89%. However, the net profit attributable to shareholders decreased by 56.51% to 7.9642 million yuan, with basic earnings per share at 0.07 yuan [1]. Financial Performance - The company achieved a revenue of 334 million yuan in Q3, marking a growth of 20.89% compared to the same period last year [1]. - The net profit attributable to shareholders was 7.9642 million yuan, which is a decline of 56.51% year-on-year [1]. - Basic earnings per share stood at 0.07 yuan [1].

Group 1 - The core viewpoint of the article highlights the financial performance of Lehui International for the third quarter of 2025, indicating a slight increase in revenue but a significant decrease in net profit [1]. - Lehui International reported revenue of approximately 950 million yuan for the first three quarters of 2025, representing a year-on-year increase of 0.28% [1]. - The net profit attributable to shareholders of the listed company was approximately 33.6 million yuan, reflecting a year-on-year decrease of 17.1% [1]. Group 2 - As of the report, Lehui International has a market capitalization of 3.1 billion yuan [2].

宁波乐惠国际工程装备股份有限公司 董事、高级管理人员离职管理制度 2025 年 10 月 1/6 宁波乐惠国际工程装备股份有限公司董事、高级管理人员离职管理制度 宁波乐惠国际工程装备股份有限公司董事、高级管理人员离职管理制度 宁波乐惠国际工程装备股份有限公司 公司董事、高级管理人员离职管理制度 第一章 总则 | | | 第一条 为规范宁波乐惠国际工程装备股份有限公司（以下简称"公司"） 董事、高级管理人员离职管理，确保公司治理结构的稳定性和连续性，根据《中 华人民共和国公司法》（以下称"《公司法》"）、《中华人民共和国证券法》 《上市公司治理准则》《上海证券交易所股票上市规则》等法律法规、规范性文 件、证券交易所业务规则及《公司章程》的有关规定，结合公司实际情况，制定 本制度。 第二条 本制度适用于公司全体董事（含独立董事）及高级管理人员的主动 辞职或辞任、任期届满卸任、被解除职务或解聘以及其他导致董事、高级管理人 员离职等情形。 第二章 离职情形与生效条件 第三条 董事可以在任期届满前辞任或辞职。董事辞任应当提交书面辞职报 告。董事辞任的，自公司收到辞职报告之日辞任生效。 但董事辞职出现下列规定情形的，在改 ...

证券代码：603076 证券简称：乐惠国际 公告编号：2025-057 宁波乐惠国际工程装备股份有限公司 关于使用暂时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个别及连带责任。 重要内容提示： ●投资种类：不超过一年的安全性高、流动性好的银行保本型理财产品、结 构性存款或低风险保本型证券公司收益凭证等。 ●投资金额：最高不超过 16,000 万元，自公司董事会审议通过之日起 12 个 月内有效，资金额度在期限内根据募集资金闲置情况循环使用。 ●履行的审议程序：宁波乐惠国际工程装备股份有限公司第四届董事会第八 次会议审议通过了《关于使用暂时闲置募集资金进行现金管理的议案》。 | 序 | 募集资金项目 | 投资总额 | 拟投入募集资金 | 实施主体 | | --- | --- | --- | --- | --- | | 号 | | | 金额 | | | 1 | 鲜啤三十公里长沙万 | 8,000.00 | 8,000.00 | 长沙鲜啤三十公里 | | | 吨城市工厂项目 | | | 科技有限公司 | | ...

证券代码：603076 证券简称：乐惠国际 公告编号：2025-058 宁波乐惠国际工程装备股份有限公司 关于召开2025年第三季度业绩说明会的预告公告 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 10 月 30 日 至 11 月 5 日 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 international@lehui.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。 宁波乐惠国际工程装备股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日发布了《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 年第三季度业绩情况、经营成果及财务状况，公司计划于 2025 年 11 月 6 日 15:00-16:00 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。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第三季度的经 营成果及财务指标 ...

具体内容详见公司同日发布于上海证券交易所网站（www.sse.com.cn）的《公 司 2025 年第三季度报告》。 证券代码：603076 证券简称：乐惠国际 公告编号：2025-056 宁波乐惠国际工程装备股份有限公司 第四届董事会第八次会议决议公告 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个别及连带责任。 一、董事会会议召开情况 宁波乐惠国际工程装备股份有限公司（以下简称"公司"）第四届董事会第 八次会议通知于 2025 年 10 月 27 日以电子邮件方式向全体董事发出，本次会议 于 2025 年 10 月 29 日以书面议案结合通讯表决的方式召开。应参与表决董事 9 人，实际表决董事 9 人，会议由董事长赖云来先生主持。 本次会议的召集、召开和表决程序符合法律、法规和《公司章程》的有关规 定，会议形成的决议合法有效。 二、董事会会议审议情况 （一）审议通过了《公司 2025 年第三季度报告》 《公司第四届董事会第八次会议决议》 特此公告。 本议案已事先经公司审计委员会 2025 年第四次会议审议通过。 表决结果：9 票赞 ...

Financial Performance - The company's operating revenue for the third quarter was ¥334,229,390.48, representing a year-on-year increase of 20.89%[4] - The total profit for the quarter was ¥10,713,210.91, showing a decrease of 13.32% compared to the same period last year[4] - The net profit attributable to shareholders was ¥7,964,234.26, down 56.51% year-on-year[4] - The basic earnings per share for the quarter was ¥0.07, a decrease of 53.33% compared to the previous year[5] - The net profit attributable to shareholders for the year-to-date was ¥33,600,637.91, a decrease of 17.10% compared to the same period last year[4] - Net profit for the first three quarters of 2025 was ¥34.10 million, down from ¥39.26 million in 2024, indicating a decline of 13.67%[22] - The company's operating profit increased to ¥26.99 million from ¥23.85 million, showing a growth of 8.95% year-over-year[22] - The company reported a comprehensive income total of ¥37.66 million, compared to ¥25.47 million in the previous year, representing a significant increase of 47.56%[23] - Basic earnings per share for the period were ¥0.28, down from ¥0.34 in the same period last year, a decrease of 17.65%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,573,152,657.17, an increase of 2.82% from the end of the previous year[5] - The total assets of the company amounted to ¥3.57 billion, up from ¥3.48 billion, marking an increase of 2.07%[18] - Total liabilities increased to ¥2.25 billion from ¥2.13 billion, reflecting a rise of 5.49%[18] - The company's equity attributable to shareholders decreased to ¥1.30 billion from ¥1.31 billion, a decline of 0.86%[18] - Total current assets increased to RMB 2,778,426,085.36 from RMB 2,661,927,322.38 year-over-year[15] - Inventory as of September 30, 2025, is RMB 1,338,170,230.20, up from RMB 1,183,575,863.51 at the end of 2024[16] - Long-term receivables increased to RMB 11,153,800.00 from RMB 2,793,800.00 year-over-year[16] - The company’s goodwill remains stable at RMB 6,741,957.88 as of September 30, 2025[16] - The company’s non-current assets include fixed assets valued at RMB 484,572,143.25, a decrease from RMB 508,556,883.37 at the end of 2024[16] Cash Flow - The cash flow from operating activities for the year-to-date was ¥223,141,356.98, down 20.87% compared to the previous year[4] - Cash inflow from operating activities for the first three quarters of 2025 reached approximately ¥1.52 billion, an increase from ¥1.39 billion in the same period of 2024, representing a growth of about 9.2%[26] - Net cash flow from operating activities for the first three quarters of 2025 was approximately ¥223.14 million, compared to ¥281.99 million in the first three quarters of 2024, indicating a decrease of about 20.8%[27] - Cash outflow from investing activities in the first three quarters of 2025 totaled approximately ¥302.65 million, slightly lower than ¥324.70 million in the same period of 2024[28] - Net cash flow from financing activities for the first three quarters of 2025 was approximately -¥178.08 million, compared to -¥171.02 million in the first three quarters of 2024, showing a slight increase in outflow[28] - The total cash and cash equivalents at the end of the third quarter of 2025 stood at approximately ¥394.25 million, a decrease from ¥406.74 million at the end of the same period in 2024[28] - Cash inflow from investment activities in the first three quarters of 2025 was approximately ¥206.58 million, significantly higher than ¥106.06 million in the same period of 2024, marking an increase of about 94.6%[27] - Cash outflow for purchasing goods and services in the first three quarters of 2025 was approximately ¥937.20 million, compared to ¥708.98 million in the same period of 2024, reflecting an increase of about 32.2%[27] - The company reported a cash inflow from other operating activities of approximately ¥47.89 million in the first three quarters of 2025, down from ¥94.39 million in the same period of 2024, a decrease of about 49.3%[27] - The impact of exchange rate changes on cash and cash equivalents in the first three quarters of 2025 was approximately ¥6.28 million, contrasting with a negative impact of ¥11.04 million in the same period of 2024[28] Shareholder Information - Total number of common shareholders at the end of the reporting period is 13,010[11] - The largest shareholder, Ningbo Lehui Investment Holdings Co., Ltd., holds 21,830,000 shares, representing 18.09% of total shares[11] Legal and Regulatory Issues - The company faced arbitration issues related to its equity dispute with a German company, impacting its net profit significantly[9] - The company is involved in a lawsuit regarding a breach of contract, with a judgment requiring payment of RMB 19,798,684.10 plus interest and penalties[13] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[12] Research and Development - Research and development expenses for the first three quarters were ¥41.55 million, slightly up from ¥40.60 million, indicating a growth of 2.35%[22] Accounting Standards - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the year of first execution[29]

Group 1 - The stock of Lehui International (603076) closed at 25.76 yuan on October 28, 2025, with a 1.3% increase and a turnover rate of 1.58% [1] - The net inflow of main funds was 943,700 yuan, accounting for 1.92% of the total transaction amount, while retail investors experienced a net outflow of 60,200 yuan, representing 0.12% of the total [1] - Over the past five days, the stock has shown fluctuations in net fund flows, with notable changes in both main and retail investor activities [1] Group 2 - Lehui International's total market value is 3.109 billion yuan, with a net asset of 1.323 billion yuan and a net profit of 25.6364 million yuan [2] - The company's revenue for the first half of 2025 was 616 million yuan, a year-on-year decrease of 8.22%, while the net profit increased by 15.38% [2] - The company has a gross profit margin of 25.63% and a debt ratio of 60.61%, indicating its financial health and operational efficiency within the specialized equipment industry [2] Group 3 - In the last 90 days, one institution has given a rating of "buy" for Lehui International [3] - The definitions of fund flows indicate that the stock price movements are influenced by the balance of buying and selling activities, with main funds being defined as large transactions [4]

Core Viewpoint - Lehui International (603076) experienced a decline in stock price, closing at 25.43 yuan on October 27, 2025, with a trading volume of 14,400 hands and a turnover of 36.76 million yuan [1] Group 1: Stock Performance - On October 27, 2025, the stock price decreased by 0.66%, with a turnover rate of 1.2% [1] - The net outflow of main funds was 4.20 million yuan, accounting for 11.42% of the total turnover, while retail investors saw a net inflow of 2.17 million yuan, representing 5.90% of the total turnover [1][2] Group 2: Financial Metrics - Lehui International's total market value is 3.069 billion yuan, with a net asset of 1.323 billion yuan and a net profit of 25.64 million yuan [3] - The company's revenue for the first half of 2025 was 616 million yuan, a year-on-year decrease of 8.22%, while the net profit attributable to shareholders increased by 15.38% to 25.64 million yuan [3] - The company's gross profit margin stands at 25.63%, with a net profit margin of 3.92% [3] Group 3: Industry Comparison - The company's price-to-earnings ratio (P/E) is 59.86, compared to the industry average of 49.42, indicating a higher valuation relative to peers [3] - The net asset value ratio (P/B) is 2.38, which is lower than the industry average of 3.94, suggesting a relatively favorable valuation [3] - In terms of return on equity (ROE), Lehui International's figure is 1.98%, compared to the industry average of 2.41% [3]

Core Viewpoint - Lehui International (603076) shows mixed financial performance with a decline in revenue but an increase in net profit, indicating potential resilience in profitability despite revenue challenges [2]. Group 1: Stock Performance - As of October 23, 2025, Lehui International's stock closed at 25.42 CNY, up 1.4% with a turnover rate of 1.88% and a trading volume of 22,700 shares, amounting to a transaction value of 57.33 million CNY [1]. - On October 23, 2025, the net inflow of main funds was 718,200 CNY, accounting for 1.25% of the total transaction value, while retail investors experienced a net outflow of 3.18 million CNY, representing 5.55% of the total [1]. Group 2: Financial Metrics - Lehui International's total market capitalization is 3.068 billion CNY, with a net asset value of 1.323 billion CNY and a net profit of 25.64 million CNY [2]. - The company's revenue for the first half of 2025 was 616 million CNY, a year-on-year decrease of 8.22%, while the net profit attributable to shareholders increased by 15.38% to 25.64 million CNY [2]. - The company's gross profit margin stands at 25.63%, while the net profit margin is 3.92%, indicating a relatively stable profitability compared to industry averages [2]. Group 3: Industry Position - In the specialized equipment industry, Lehui International ranks 207th in total market capitalization and 141st in net assets among 268 companies [2]. - The company's price-to-earnings ratio (P/E) is 59.84, which is higher than the industry average of 53.31, suggesting a premium valuation [2]. - The return on equity (ROE) for Lehui International is 1.98%, slightly below the industry average of 2.11% [2].