Group 1 - The company has approved a share repurchase plan with a total fund of no less than RMB 60 million and no more than RMB 120 million, to be executed within 12 months from the board's approval date [1][3] - The maximum repurchase price was adjusted from RMB 17 per share to RMB 11.93 per share due to corporate actions such as dividend distribution and capital reserve conversion [1][3] - As of the end of October 2025, the company has repurchased a total of 8,842,464 shares, accounting for 2.8639% of the total share capital, with a total expenditure of approximately RMB 100.09 million [3][4] Group 2 - The company will continue to make repurchase decisions based on market conditions and will fulfill its information disclosure obligations in a timely manner [5]

Core Points - On November 3rd, the company announced that it did not conduct any share repurchase in October 2025 [2] Company Summary - The company, 海鸥股份, has officially stated that there were no share buybacks executed during the month of October in the year 2025 [2]

证券代码：603269 证券简称：海鸥股份 公告编号：2025-059 编号：2025-033）。 二、回购股份的进展情况 江苏海鸥冷却塔股份有限公司 关于以集中竞价交易方式回购股份的进展公告 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： | 回购方案首次披露日 | 2025/4/29，由董事会提议 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 2025 4 | 4 | 月 | 28 | 日~2026 | 年 | 月 | 日 24 | | 预计回购金额 | 6,000万元~12,000万元 | | | | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | | | | □为维护公司价值及股东权益 | | | | | | | | | 累计已回购股数 | 8,842,464股 | | | | | | | | | ...

Core Viewpoint - The company, Seagull Co., Ltd. (603269.SH), reported its Q3 2025 financial results, showing a total revenue of 1.219 billion yuan and a net profit attributable to shareholders of 51.2269 million yuan, indicating a stable financial performance in the current fiscal year [1][2]. Financial Performance - Total revenue for the company reached 1.219 billion yuan [2]. - The net profit attributable to shareholders was 51.2269 million yuan [2]. - The net cash inflow from operating activities amounted to 249 million yuan [2]. Financial Ratios - The latest debt-to-asset ratio is 72.88%, ranking 201st among disclosed peers, with an increase of 4.24 percentage points from the previous quarter and 2.91 percentage points from the same period last year [4]. - The latest gross profit margin stands at 27.44% [4]. - The return on equity (ROE) is reported at 5.38% [4]. Earnings Per Share - The diluted earnings per share (EPS) is 0.17 yuan, ranking 122nd among disclosed peers [5]. Asset Management - The total asset turnover ratio is 0.35 times [6]. - The inventory turnover ratio is 0.76 times, ranking 187th among disclosed peers [6]. Shareholder Structure - The number of shareholders is 25,400, with the top ten shareholders holding a total of 124 million shares, accounting for 40.03% of the total share capital [6]. - The largest shareholder is Wu Zhuping, holding 13.16% of the shares [6].

Group 1 - Company Seagull Co., Ltd. reported a revenue of approximately 1.219 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 10.68% [1] - The net profit attributable to shareholders of the listed company was approximately 51.23 million yuan, reflecting a year-on-year increase of 25.1% [1] - Basic earnings per share were 0.17 yuan, which is a year-on-year increase of 30.77% [1] Group 2 - As of the report date, Seagull Co., Ltd. has a market capitalization of 4.3 billion yuan [2]

Core Viewpoint - The company reported a year-on-year increase in both total revenue and net profit for the first three quarters of 2025, indicating positive financial performance and growth potential [1] Financial Performance - Total revenue for the first three quarters reached 1.219 billion yuan, representing a year-on-year growth of 10.68% [1] - Net profit attributable to shareholders of the parent company was 51.2269 million yuan, showing a year-on-year increase of 25.1% [1] - Basic earnings per share stood at 0.17 yuan [1]

Core Insights - The company reported a revenue of 1,218,723,169.21 yuan for the first three quarters of 2025, representing a year-on-year growth of 10.68% [2] - The net profit attributable to shareholders of the listed company was 51,226,886.66 yuan, showing a year-on-year increase of 25.10% [2] Financial Performance - Revenue for the first three quarters of 2025 reached approximately 1.22 billion yuan, indicating a positive growth trend compared to the previous year [2] - The net profit for the same period was around 51.23 million yuan, reflecting a significant increase in profitability year-on-year [2]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 444,078,705.66, a decrease of 2.51% compared to the same period last year[4] - The total profit for Q3 2025 reached CNY 33,015,777.90, an increase of 44.92% year-on-year[4] - The net profit attributable to shareholders for Q3 2025 was CNY 16,345,766.22, reflecting a year-on-year increase of 24.65%[4] - The increase in total profit for the year-to-date period was driven by revenue growth and improved project margins, with a year-to-date profit increase of 39.13%[9] - Net profit for the first three quarters of 2025 was ¥53,440,846.50, compared to ¥40,764,261.94 in 2024, representing a growth of 31.2%[22] - The company's operating profit increased to ¥76,883,778.78 from ¥55,205,543.19, marking a year-over-year increase of 39.2%[22] Cash Flow - The net cash flow from operating activities for Q3 2025 was CNY 247,282,834.25, up 61.61% compared to the same period last year[5] - The company experienced a significant increase in cash flow due to higher receipts from customers compared to the previous year[11] - Cash inflow from operating activities for the first three quarters of 2025 reached ¥1,501,784,655.07, a significant increase from ¥986,210,908.66 in the same period of 2024, representing a growth of approximately 52%[27] - Net cash flow from operating activities for the first three quarters of 2025 was ¥248,877,664.40, compared to ¥205,377,489.28 in 2024, indicating an increase of about 21%[27] - The cash and cash equivalents at the end of the third quarter of 2025 amounted to ¥794,436,548.51, compared to ¥541,418,580.17 at the end of the same period in 2024, marking an increase of about 47%[28] Assets and Liabilities - The total assets at the end of Q3 2025 amounted to CNY 3,652,346,563.32, representing a 6.99% increase from the end of the previous year[5] - Total assets as of the reporting date were ¥3,652,346,563.32, compared to ¥3,413,609,353.83, reflecting a growth of 7%[18] - Total liabilities increased to ¥2,661,883,083.48 from ¥2,337,880,339.95, representing a rise of 13.9%[18] - The company's total non-current assets reached ¥576,159,826.05, up from ¥551,147,826.39, indicating a growth of 4.5%[18] Shareholder Information - Total shareholders at the end of the reporting period reached 25,369[13] - The top 10 shareholders hold a combined 40.84% of the shares, with the largest shareholder, Wu Zhuping, owning 13.16%[13] - The company has repurchased a total of 8,842,464 shares, accounting for 2.8639% of the total share capital, with a total expenditure of approximately ¥100.09 million[14] - The company has established a joint action agreement between major shareholders to ensure stable management and operational strategies[14] - The company continues to focus on maintaining a strong cooperative relationship among major shareholders to support its operational stability and growth[14] Operational Costs - Total operating costs amounted to ¥1,127,165,783.17, up from ¥1,049,189,772.42, reflecting a rise of 7.4% year-over-year[22] - Cash paid for purchasing goods and services in the first three quarters of 2025 was ¥802,111,046.46, significantly higher than ¥351,738,849.21 in 2024, indicating an increase of about 128%[27] Tax and Refunds - The company reported a total of CNY 1,414,320.00 in VAT refunds related to the employment of disabled individuals, contributing to financial performance[10] - The company received tax refunds amounting to ¥5,039,627.99 in the first three quarters of 2025, compared to ¥3,155,710.39 in 2024, which is an increase of approximately 60%[27]

Core Viewpoint - The company confirmed that its subsidiary, Suzhou Green Dream, sold a hydrogen production device to Space Exploration Technologies in 2021, indicating a minor collaboration in the hydrogen energy sector [1] Company Summary - The subsidiary involved in the transaction is Suzhou Green Dream [1] - The project with Space Exploration Technologies had a small monetary value [1] Industry Summary - The interaction highlights the company's involvement in the hydrogen energy business, which is gaining attention in the current energy landscape [1]

Group 1 - The company held a half-year performance briefing on October 13, 2025, to discuss its operational results and financial status with investors [1] - The briefing was conducted online, with key executives including the Vice Chairman and President, Secretary of the Board, and independent directors participating [1] Group 2 - Investors inquired about the establishment of a joint venture in Malaysia, JT Green Tech Sdn Bhd, aimed at entering the renewable energy sector, but the company did not have information on this [2][12] - The company’s subsidiary, Suzhou Green Meng Hydrogen Energy Technology Co., Ltd., has moved to a new 80,000 square meter factory, indicating a significant expansion in hydrogen energy equipment manufacturing [2] - The company is focusing on enhancing its talent pool to improve competitiveness as part of its strategic development plan [2] Group 3 - The company reported strong performance from its Thailand subsidiary, with revenue of 16.68 million in 2023 and projected revenue of 180 million in 2024, despite facing global economic uncertainties [3] - The company is actively expanding its overseas market presence, particularly in Malaysia, Singapore, Vietnam, Indonesia, Australia, and Dubai [3] Group 4 - The company has participated in nuclear power cooling tower projects, including the Xu Xu Nuclear Power Station, and is progressing according to contractual agreements [4] - The company’s cooling tower brand TRUWATER has secured projects with local data centers, although revenue from this sector remains relatively small [3][4] Group 5 - The company’s cooling towers have received FM certification, which enhances their international competitiveness, particularly for data center tenders [4] - The company is planning to strengthen its public relations and marketing efforts to promote its cooling tower products and achievements [4]