Core Viewpoint - Dayun Co., Ltd. is a leading global manufacturer of wind power castings, with a comprehensive production capability across various sectors including wind and nuclear power [1] Group 1: Business Performance - In Q3 2025, Dayun's revenue reached 4.855 billion, ranking second among 22 companies in the industry, surpassing the industry average of 2.696 billion and the median of 2.819 billion [2] - The main business revenue from ductile iron products was 2.823 billion, accounting for 87.51% of total revenue [2] - The net profit for the same period was 423 million, ranking third in the industry, above the average of 129 million and the median of 100 million [2] Group 2: Financial Ratios - As of Q3 2025, Dayun's debt-to-asset ratio was 27.63%, an increase from 20.32% year-on-year, but still below the industry average of 45.32% [3] - The gross profit margin for the same period was 16.32%, down from 17.22% year-on-year, and below the industry average of 18.38% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 13.10% to 48,400, while the average number of circulating A-shares held per account decreased by 11.58% to 21,200 [5] - The top ten circulating shareholders included Hong Kong Central Clearing Limited and Southern CSI 1000 ETF, with notable changes in their holdings [5] Group 4: Executive Compensation - Chairman Fu Minkang's compensation for 2024 was 756,600, an increase of 324,000 from 2023 [4] Group 5: Business Highlights - The company experienced significant revenue growth in the first half of 2025, driven by the booming wind power industry, with ductile iron product revenue increasing by 66.00% [6] - Cost reduction measures have shown results, leading to a decrease in expense ratios [6] - The company is actively expanding its nuclear power and alloy steel businesses, with the nuclear fuel transfer storage tank now capable of mass production [6]

Core Viewpoint - Dayun Co., Ltd. (603218.SH) reported a significant increase in both revenue and net profit for the third quarter of 2025, indicating strong financial performance and growth potential [1] Financial Performance - The company's operating revenue reached 1.63 billion yuan, representing a year-on-year increase of 16.67% [1] - The net profit attributable to shareholders of the listed company was 151 million yuan, showing a year-on-year increase of 77.42% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 144 million yuan, reflecting a year-on-year increase of 104.29% [1]

证券代码：603218 证券简称：日月股份 公告编号：2025-049 日月重工股份有限公司 第六届董事会第十六次会议决议公告 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。 一、董事会会议召开情况 日月重工股份有限公司（以下简称"公司"）第六届董事会第十六次会议于 2025 年 10 月 24 日以邮件及书面方式发出会议通知和会议材料，并于 2025 年 10 月 29 日以通讯方式召开。本次会议应出席会议董事 9 名，实际参加表决人数 9 名。 本次会议由公司董事长傅明康先生主持，本次会议的召开符合《中华人民共和国公 司法》《上海证券交易所股票上市规则》等有关法律、行政法规、部门规章、规范 性文件和《日月重工股份有限公司章程》的规定，会议决议合法有效。 二、董事会会议审议情况 本次会议审议议案如下： 1、审议通过《2025 年第三季度报告》： 本议案已经审计委员会审议通过，并同意提交公司董事会审议。具体内容详见 上海证券交易所网站及同日于指定披露媒体披露的公司《2025 年第三季度报告》。 表决结果：同意 9 票、反对 0 ...

证券代码：603218 证券简称：日月股份 公告编号：2025-051 一、通知债权人的原由 根据《日月重工股份有限公司 2023 年限制性股票激励计划（草案）》（以下 简称《激励计划》）之"第十四章公司/激励对象发生异动时本激励计划的处理" 之"二、激励对象个人情况发生变化的处理"之"（二）激励对象离职：1、激励 对象合同到期且不再续约的或主动辞职的，其已解除限售股票不作处理，已获授但 尚未解除限售的限制性股票不得解除限售，由公司以授予价格进行回购注销。"鉴 于首次授予的 3 名激励对象因个人原因已离职，已不符合《激励计划》有关激励对 象的规定，公司决定取消其激励对象资格并回购注销其已获授但尚未解除限售的限 制性股票 75,000 股。 根据公司 2023 年第一次临时股东大会的授权，本次激励对象已获授但尚未解 除限售的限制性股票回购注销事宜在公司董事会的授权范围内，无须提交公司股东 会审议。 回购完毕后，公司将向中国证券登记结算有限责任公司上海分公司申请该部分 股 票 的 注 销 。 注 销 完 成 后 ， 公 司 股 份 总 数 将 由 1,030,416,250 股 变 更 为 1,030,341,2 ...

日月重工股份有限公司 关于回购注销部分激励对象已获授但尚未解除限售的 限制性股票的公告 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。 证券代码：603218 证券简称：日月股份 公告编号：2025-050 日月重工股份有限公司（以下简称"公司"）于 2025 年 10 月 29 日召开第六 届董事会第十六次会议，审议通过了《关于回购注销部分激励对象已获授但尚未解 除限售的限制性股票的议案》。同意将公司 2023 年限制性股票激励计划（以下简 称"本次激励计划"）因激励对象离职，对已获授但尚未解除限售的限制性股票 75,000 股进行回购注销。现将有关事项公告如下： 重要内容提示： 一、本次激励计划已履行的相关程序 1、2023 年 2 月 14 日，公司召开第五届董事会第二十八次会议，会议审议通 过了《关于<公司 2023 年限制性股票激励计划（草案）>及其摘要的议案》《关于< 公司 2023 年限制性股票激励计划实施考核管理办法>的议案》以及《关于提请股东 大会授权董事会办理公司 2023 年限制性股票激励计划相关事宜的议 ...

国浩律师（上海）事务所 关于 日月重工股份有限公司 2023 年限制性股票激励计划 回购注销部分限制性股票 之法律意见书 上海市静安区山西北路 99 号苏河湾中心 25-28 楼 邮编：200085 25-28/F, Suhe Centre, 99 North Shanxi Road, Jing'an District, Shanghai 200085 电话/Tel: +86 21 5234 1668 传真/Fax: +86 21 52433320 网址/Website: http://www.grandall.com.cn 国浩律师（上海）事务所 法律意见书 国浩律师（上海）事务所 关于日月重工股份有限公司 2023年限制性股票激励计划回购注销 部分限制性股票之法律意见书 致：日月重工股份有限公司 国浩律师（上海）事务所（以下简称"本所"）接受日月重工股份有限公司 （以下简称"日月股份"或"公司"）委托，担任公司实施限制性股票激励计划 （以下简称"本次限制性股票激励计划"或者"本次股票激励计划"）相关事宜 的专项法律顾问。受日月股份的委托，本所律师对公司回购注销部分激励对象已 获授但尚未解除限售的限制性股票 ...

Group 1 - The company, Rihua Co., Ltd. (SH 603218), announced a board meeting held on October 29, 2025, to discuss a proposal for reducing registered capital and amending the company's articles of association [1] - For the year 2024, the company's revenue composition is reported as 98.4% from castings and 1.6% from other businesses [1] - As of the report, Rihua Co., Ltd. has a market capitalization of 15.3 billion yuan [1] Group 2 - The A-share market has surpassed 4,000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation [1] - A new "slow bull" market pattern is emerging, indicating a shift in market dynamics [1]

Company Performance - In Q3 2025, the company reported revenue of approximately 4.855 billion yuan, representing a year-on-year increase of 52.45% [1] - The net profit attributable to shareholders was approximately 434 million yuan, showing a year-on-year decrease of 14.25% [1] - Basic earnings per share were 0.42 yuan, which is a decrease of 14.29% compared to the previous year [1] Market Context - The company's market capitalization is currently 15.3 billion yuan [2] - The A-share market has recently surpassed 4000 points, indicating a significant market resurgence after a decade of stagnation [2] - The technology sector is leading this market transformation, suggesting a new "slow bull" market pattern [2]

日月重工股份有限公司 章 程 二〇二五年十月 日月重工股份有限公司—章程 目 录 2 第一章 总则 第二章 经营宗旨和范围 第三章 股份 第一节 股份发行 第二节 股份增减和回购 第三节 股份转让 第四章 股东和股东会 第一节 股东的一般规定 第二节 控股股东和实际控制人 第三节 股东会的一般规定 第四节 股东会的召集 第五节 股东会的提案与通知 第六节 股东会的召开 第七节 股东会的表决和决议 第五章 董事和董事会 第一节 董事的一般规定 第二节 董事会 第三节 独立董事 第四节 董事会专门委员会 第六章 高级管理人员 第七章 财务会计制度、利润分配和审计 第一节 财务会计制度 第二节 内部审计 第三节 会计师事务所的聘任 第八章 通知和公告 第一节 通知 第二节 公告 第九章 合并、分立、增资、减资、解散和清算 第一节 合并、分立、增资和减资 第二节 解散和清算 第十章 修改章程 第十一章 附则 日月重工股份有限公司—章程 第一章 总则 第一条 为维护公司、股东、职工和债权人的合法权益，规范公司的组织和行为， 根据《中华人民共和国公司法》（以下简称《公司法》）、《中华人民共和国证券法》（以 下简称《证券法 ...

Financial Performance - The company's operating revenue for Q3 2025 reached ¥1,629,604,872.40, representing a year-on-year increase of 16.67%[5] - The total profit for the quarter was ¥177,901,343.40, showing a significant increase of 76.28% compared to the same period last year[5] - Net profit attributable to shareholders was ¥150,812,234.83, up by 77.42% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥143,711,686.75, which increased by 104.29% compared to the previous year[5] - Basic earnings per share for the quarter were ¥0.14, reflecting a 75.00% increase year-on-year[6] - The company's operating revenue for the year-to-date reached ¥4,855,341,722.86, up 52.45% year-on-year[5] - Total revenue for the first three quarters of 2025 reached ¥4,855,341,722.86, a significant increase of 52.5% compared to ¥3,184,792,031.43 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was ¥423,327,657.26, a decrease of 15.6% from ¥501,890,464.38 in 2024[19] - Basic earnings per share for the first three quarters of 2025 were ¥0.42, down from ¥0.49 in 2024[20] - The company reported a total operating profit of ¥511,030,483.73, a decrease from ¥594,915,380.52 in the previous year[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥14,243,826,575.10, a 4.13% increase from the end of the previous year[6] - Total assets amounted to ¥14,243,826,575.10, up from ¥13,678,500,217.13, indicating a growth of 4.1%[16] - Total liabilities increased to ¥3,935,424,978.86, compared to ¥3,461,106,127.40, representing a rise of 13.7%[16] - The company's equity attributable to shareholders rose to ¥10,222,580,741.78 from ¥10,123,950,931.85, marking an increase of 1.0%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥560,442,684.14, indicating an increase in cash recovery[9] - Operating cash inflow for the first three quarters of 2025 was CNY 4,750,285,881.92, a decrease of 9.1% compared to CNY 5,230,799,422.75 in the same period of 2024[22] - Net cash flow from operating activities turned positive at CNY 560,442,684.14, compared to a negative CNY 292,574,971.96 in the previous year[23] - Cash inflow from investment activities decreased significantly to CNY 947,741,599.49, down 60% from CNY 2,365,071,540.90 in 2024[23] - Net cash flow from investment activities was negative at CNY -350,519,258.70, contrasting with a positive CNY 260,678,072.71 in the same period last year[23] - Cash inflow from financing activities was CNY 177,288,791.90, a decline of 72.5% from CNY 646,000,000.00 in 2024[23] - Net cash flow from financing activities was CNY -234,659,507.81, compared to CNY -31,733,437.68 in the previous year[23] - The ending cash and cash equivalents balance was CNY 2,746,965,174.36, slightly down from CNY 1,672,891,177.57 in 2024[23] - Cash received from sales of goods and services was CNY 4,542,280,403.80, a decrease of 10.6% from CNY 5,079,242,755.20 in the same period last year[22] - Total cash outflow from operating activities was CNY 4,189,843,197.78, down 24.2% from CNY 5,523,374,394.71 in 2024[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 48,390[11] - The largest shareholder, Fu Mingkang, holds 260,616,211 shares, representing 25.29% of total shares[11] - The company has no pledged or frozen shares among the top shareholders[11] - The company’s total equity remains stable with no significant changes in shareholder structure[12] Operational Insights - The company has not reported any significant changes in its operational strategies or market expansion plans[13] - Research and development expenses increased to ¥222,450,036.26 in 2025, compared to ¥157,002,912.01 in 2024, reflecting a growth of 41.7%[19] - Total operating costs for the first three quarters of 2025 were ¥4,401,614,950.35, up 51.1% from ¥2,915,364,841.01 in 2024[18] Accounting Standards - The company did not apply new accounting standards for the year 2025[24]