Core Viewpoint - Lehui International's stock has experienced fluctuations, with a year-to-date increase of 11.57% but a recent decline in the last five trading days [1][2]. Financial Performance - For the period from January to September 2025, Lehui International achieved a revenue of 950 million yuan, representing a year-on-year growth of 0.28%. However, the net profit attributable to shareholders decreased by 17.10% to 33.6 million yuan [2]. - The company has distributed a total of 133 million yuan in dividends since its A-share listing, with 76.04 million yuan distributed over the past three years [3]. Stock Market Activity - As of November 4, the stock price of Lehui International was 25.26 yuan per share, with a market capitalization of 3.049 billion yuan. The stock has seen a trading volume of 24.78 million yuan and a turnover rate of 0.81% [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent instance on June 10, where it recorded a net buy of -145.03 million yuan [1]. Shareholder Information - As of September 30, Lehui International had 13,000 shareholders, a decrease of 3.67% from the previous period. The average number of tradable shares per shareholder increased by 3.81% to 9,277 shares [2]. Business Overview - Lehui International, established on September 15, 1998, and listed on November 13, 2017, is based in Xiangshan, Ningbo, Zhejiang Province. The company specializes in liquid food equipment, including brewing and packaging equipment for beer, beverage pre-treatment and packaging machinery, and dairy packaging machinery. The revenue composition includes 68.44% from brewing equipment, 13.45% from beer sales, 12.79% from sterile filling equipment, and 5.32% from other bioprocess equipment [1][2]. Industry Classification - Lehui International is classified under the mechanical equipment sector, specifically in specialized equipment, and is associated with concepts such as C2M, small-cap stocks, beer, margin financing, and machinery [2].

Core Viewpoint - Lehui International (603076) has shown mixed financial performance in Q3 2025, with a slight increase in revenue but a significant decline in net profit, while also planning to manage idle funds for cash management purposes [3][4]. Stockholder Changes - As of September 30, 2025, the number of shareholders for Lehui International is 13,000, a decrease of 496 from June 30, 2025, representing a reduction of 3.67%. The average number of shares held per account increased from 8,937 to 9,278, with an average holding value of 229,700 yuan [2][5]. Performance Disclosure Highlights - For the first three quarters of 2025, Lehui International reported a main revenue of 950 million yuan, a year-on-year increase of 0.28%. The net profit attributable to shareholders was 33.6 million yuan, down 17.1% year-on-year. The net profit excluding non-recurring items was 16.79 million yuan, up 17.58% year-on-year. In Q3 alone, the main revenue was 334 million yuan, a year-on-year increase of 20.89%, while the net profit attributable to shareholders was 7.96 million yuan, down 56.51% year-on-year [3][5]. Company Announcements Summary - Lehui International plans to use no more than 160 million yuan of idle raised funds for cash management, investing in low-risk financial products with high safety and liquidity, with a maturity of no more than one year. This decision has been approved by the board and is not expected to affect the normal progress of the fundraising projects [4][5].

Core Viewpoint - Lehui International, a leading supplier of liquid food equipment, has shown significant growth potential despite facing challenges in profitability and debt levels [1][3]. Group 1: Business Overview - Lehui International was established in September 1998 and went public on November 13, 2017, on the Shanghai Stock Exchange, with its headquarters in Ningbo, Zhejiang Province [1]. - The company specializes in liquid food equipment, including beer brewing and packaging equipment, beverage pre-treatment and packaging machinery, and dairy packaging machinery [1]. - It operates within the specialized equipment sector and is involved in various industry concepts such as C2M, small-cap, beer fusion, superconductivity, and nuclear power [1]. Group 2: Financial Performance - For Q3 2025, Lehui International reported revenue of 950 million yuan, ranking 29th out of 89 in its industry, with the industry leader, Keda Manufacturing, generating 12.605 billion yuan [2]. - The net profit for the same period was 34.1016 million yuan, placing the company 46th in its industry, while the top two competitors reported net profits of 1.832 billion yuan and 1.789 billion yuan, respectively [2]. Group 3: Financial Ratios - As of Q3 2025, Lehui International's debt-to-asset ratio was 62.97%, an increase from 61.71% year-on-year, which is higher than the industry average of 42.80% [3]. - The company's gross profit margin for Q3 2025 was 25.22%, down from 27.59% year-on-year, and below the industry average of 28.52% [3]. Group 4: Executive Compensation - The chairman, Lai Yunlai, received a salary of 904,400 yuan in 2024, an increase of 300,000 yuan from 2023 [4]. - The general manager, Huang Yuening, also received a salary of 904,400 yuan in 2024, which is an increase of 296,200 yuan from the previous year [4]. Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 3.67% to 13,000, while the average number of circulating A-shares held per account increased by 3.81% to 9,277.58 [5]. - Huayuan Securities highlighted Lehui International's strong "turnkey" capabilities in the beer equipment industry, noting its stable order flow from partnerships with industry leaders and its focus on differentiated products in the beer sector [5].

Core Insights - Lehui International (603076.SH) reported its Q3 2025 results on October 30, 2025, highlighting the current institutional investor holdings and changes in share ownership [1] Institutional Holdings - As of October 29, 2025, three institutional investors disclosed holdings in Lehui International A-shares, totaling 34.79 million shares, which represents 28.82% of the company's total share capital [1] - The institutional investors include Ningbo Lehui Investment Holding Co., Ltd., Ningbo Leying Investment Management Center (Limited Partnership), and Ningbo Leili Investment Management Center (Limited Partnership) [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 0.07 percentage points [1] Public Fund Disclosures - In this reporting period, 13 public funds were not disclosed compared to the previous quarter, including notable funds such as China Europe Small Cap Growth Mixed A, Xinyuan National Index 2000 Enhanced A, and others [1]

国金证券股份有限公司 关于宁波乐惠国际工程装备股份有限公司 使用暂时闲置募集资金进行现金管理的核查意见 国金证券股份有限公司（以下简称"国金证券"或"保荐机构"）作为宁波乐惠 国际工程装备股份有限公司（以下简称"公司"或"乐惠国际"）的持续督导机构， 根据《证券发行上市保荐业务管理办法》《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》《上海证券交易所上市公司自律监管指引第 11 号——持 续督导》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 关法律、法规和规范性文件的规定和要求，对乐惠国际使用暂时闲置募集资金进 行现金管理相关事项进行了审慎核查，现将核查情况说明如下： 一、募集资金基本情况 经中国证券监督管理委员会"证监许可[2020]2505 号"《关于核准宁波乐惠国 际工程装备股份有限公司非公开发行股票的批复》核准，公司非公开发行普通股 （A 股）11,715,246 股，每股发行价为 35.68 元，募集资金总额为 417,999,977.28 元；扣除发行费用 13,809,194.11 元后，募集资金净额为 404,190,783.17 元。众华 会计师事务所（特殊 ...

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 ...