Core Viewpoint - The board of directors of Yongjie New Materials Co., Ltd. ensures the authenticity, accuracy, and completeness of the quarterly report, taking legal responsibility for any false records or significant omissions [2][10]. Financial Data - The third-quarter financial report for 2025 has not been audited, and the financial data is presented in Renminbi [3][7]. - The report indicates that there were no significant changes in the financial indicators compared to previous periods [5]. Board Meeting - The fifth board meeting of Yongjie New Materials was held on October 27, 2025, with all seven directors present, complying with legal and regulatory requirements [9][10]. - The board approved the third-quarter report, affirming that it accurately reflects the company's financial status and operational results without any misleading statements [10][12]. Shareholder Information - The report includes details about the total number of shareholders and the shareholding structure, although specific numbers are not provided in the excerpts [5]. Governance Changes - The board elected Shen Jianguo as the representative director to execute company affairs, with the term lasting until the end of the current board's tenure [13][14]. - Adjustments were made to the members of the board's audit committee to enhance governance structure and operational efficiency [15][16].

Core Insights - The company reported a revenue of 2,593,726,116.08 yuan for the third quarter of 2025, representing a year-on-year growth of 22.46% [1] - The net profit attributable to shareholders of the listed company was 122,797,681.23 yuan, showing a significant year-on-year increase of 70.41% [1] Financial Performance - Revenue for Q3 2025: 2,593.73 million yuan, up 22.46% year-on-year [1] - Net profit for Q3 2025: 122.80 million yuan, up 70.41% year-on-year [1]

Core Viewpoint - Yongjie New Materials (603271.SH) reported strong financial performance for the first three quarters of 2025, indicating robust growth in revenue and net profit [1] Financial Performance - The company achieved a revenue of 7.02 billion yuan, representing a year-on-year growth of 20.01% [1] - The net profit attributable to shareholders reached 309 million yuan, reflecting a year-on-year increase of 30.99% [1] - The net profit after deducting non-recurring items was 308 million yuan, which is a year-on-year growth of 27.60% [1] - Basic earnings per share stood at 1.71 yuan [1]

Group 1 - China Satellite reported a net profit of 14.81 million yuan for the first three quarters, marking a turnaround from losses, with a revenue of 3.102 billion yuan, up 85.28% year-on-year [1] - SAIYANG Technology signed a contract worth 533 million yuan for Airbus A320 series aircraft transport tooling, effective until 2038 [1] - Zhongwei Semiconductor achieved a net profit of 152 million yuan, a 36.78% increase year-on-year, with a revenue of 773 million yuan, up 19.03% [2] Group 2 - Jiao Cheng Ultrasonic reported a net profit of 94.03 million yuan, a significant increase of 359.81% year-on-year, with a revenue of 521 million yuan, up 27.53% [3] - Keda Li's net profit grew by 16.55% year-on-year to 1.185 billion yuan, with a revenue of 10.603 billion yuan, up 23.41% [3] - Ningbo Huaxiang's net profit fell by 87.68% to 88.73 million yuan, despite a revenue increase of 5.88% to 19.224 billion yuan [4] Group 3 - Mingzhi Electric reported a net profit of 49.84 million yuan, a 5.43% increase year-on-year, with a revenue of 2.043 billion yuan, up 11.66% [6] - Xianda Co. achieved a net profit of 196 million yuan, a staggering increase of 3064.56% year-on-year, with a revenue of 2.008 billion yuan, up 6.11% [7] - Longxin General's net profit rose by 75.45% to 1.577 billion yuan, with a revenue of 14.557 billion yuan, up 19.14% [8] Group 4 - Hainan Highway reported a net loss of 10.63 million yuan, despite a revenue increase of 133.41% to 314 million yuan [9] - Zhongci Electronics achieved a net profit of 443 million yuan, a 20.07% increase year-on-year, with a revenue of 2.143 billion yuan, up 13.62% [11] - Hangyang Co. reported a net profit of 757 million yuan, a 12.14% increase year-on-year, with a revenue of 11.428 billion yuan, up 10.39% [12] Group 5 - Yuanli Technology's net profit decreased by 2.89% to 152 million yuan, with a revenue of 1.654 billion yuan, down 3.69% [13] - Guihang Co. reported a net profit of 118 million yuan, a slight increase of 0.77%, with a revenue of 1.870 billion yuan, up 8.65% [14] - Haixing Co. achieved a net profit of 147 million yuan, a 41.41% increase year-on-year, with a revenue of 1.711 billion yuan, up 21.45% [16] Group 6 - Weiteng Electric reported a net profit decline of 87.47% to 13.66 million yuan, with a revenue of 2.597 billion yuan, down 5.40% [18] - Tiancai Control achieved a net profit of 50.33 million yuan, a 91.73% increase year-on-year, with a revenue of 1.855 billion yuan, up 27.3% [20] - Hangzhi Qianjin reported a net profit of 207 million yuan, a 9.59% increase year-on-year, with a revenue of 1.730 billion yuan, up 5.39% [21] Group 7 - Suli Co. reported a net profit of 139 million yuan, a remarkable increase of 1522.38%, with a revenue of 2.064 billion yuan, up 25.39% [23] - Sanqi Interactive achieved a net profit of 2.345 billion yuan, a 23.57% increase year-on-year, with a revenue of 12.461 billion yuan, down 6.59% [24] - Yongjie New Materials reported a net profit of 309 million yuan, a 30.99% increase year-on-year, with a revenue of 7.020 billion yuan, up 20.01% [26] Group 8 - Kang Enbei achieved a net profit of 584 million yuan, a 12.65% increase year-on-year, with a revenue of 4.976 billion yuan, up 1.27% [28] - Zhongyuan Highway reported a net profit of 961 million yuan, a 16.78% increase year-on-year, with a revenue of 4.888 billion yuan, up 3.89% [30] - Hunan Gold achieved a net profit of 1.029 billion yuan, a 54.28% increase year-on-year, with a revenue of 41.194 billion yuan, up 96.26% [32] Group 9 - Huadong Pharmaceutical reported a net profit of 2.748 billion yuan, a 7.24% increase year-on-year, with a revenue of 32.664 billion yuan, up 3.77% [33] - Dongyangguang achieved a net profit of 906 million yuan, a significant increase of 189.80%, with a revenue of 10.970 billion yuan, up 23.56% [35] - Xinrui Technology reported a net loss of 62.62 million yuan, despite a revenue increase of 28.02% to 1.672 billion yuan [37] Group 10 - Jiabiyou achieved a net profit of 129 million yuan, a 54.18% increase year-on-year, with a revenue of 428 million yuan, up 10.56% [38] - Ruifeng New Materials reported a net profit of 574 million yuan, a 14.85% increase year-on-year, with a revenue of 2.551 billion yuan, up 10.87% [39] - Zhongfu Industrial achieved a net profit of 1.187 billion yuan, a 63.25% increase year-on-year, with a revenue of 16.633 billion yuan, down 0.60% [40] Group 11 - Aohai Technology reported a net profit of 359 million yuan, a 19.32% increase year-on-year, with a revenue of 5.188 billion yuan, up 14.14% [41] - Kangzhong Medical announced a share transfer plan involving 5.33% of its shares due to shareholder funding needs [43] - Hualing Steel plans to invest 512 million yuan in a new continuous casting project [44]

Core Viewpoint - Yongjie New Materials (603271.SH) reported strong financial performance in Q3 2025, with significant year-on-year growth in both revenue and net profit, indicating effective product optimization and increased sales volume [1] Financial Performance - Q3 revenue reached 2.594 billion yuan, representing a year-on-year increase of 22.46% [1] - Q3 net profit was 123 million yuan, showing a year-on-year growth of 70.41% [1] - For the first three quarters, net profit totaled 309 million yuan, reflecting a year-on-year increase of 30.99% [1] Growth Drivers - The increase in net profit is primarily attributed to the continuous optimization of the company's product structure and the scale benefits derived from increased production and sales volume [1]

Group 1 - Yongjie New Materials (SH 603271) announced on October 28 that its fifth board meeting was held on October 27, 2025, to review the proposal for the third quarter report of 2025 [1] - For the year 2024, Yongjie New Materials' revenue composition is as follows: aluminum rolling processing accounts for 98.76%, while other businesses account for 1.24% [1] - As of the report date, Yongjie New Materials has a market capitalization of 8.4 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 into a "slow bull" new pattern [1]

Group 1 - The core viewpoint of the news is that Yongjie New Materials (SH 603271) reported significant growth in its third-quarter performance for 2025, with revenue and net profit showing substantial year-on-year increases [1] Group 2 - For the first three quarters of 2025, Yongjie New Materials achieved revenue of approximately 7.02 billion yuan, representing a year-on-year increase of 20.01% [1] - The net profit attributable to shareholders of the listed company for the same period was approximately 309 million yuan, reflecting a year-on-year increase of 30.99% [1] - As of the time of reporting, Yongjie New Materials had a market capitalization of 8.4 billion yuan [2]

证券代码：603271 证券简称：永杰新材 公告编号：2025-050 永杰新材料股份有限公司 第五届董事会第十五次会议决议公告 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、准确性和完整性依法承担法律责任。 一、董事会会议召开情况 永杰新材料股份有限公司（以下简称"公司"）第五届董事会第十五次会议 于 2025 年 10 月 27 日以现场和通讯相结合的方式在公司会议室召开，会议通知 于 2025 年 10 月 15 日通过通讯方式送达全体董事。本次会议由董事长沈建国召 集并主持，会议应出席董事 7 人，实际出席董事 7 人，公司高级管理人员列席了 会议。本次会议的召集、召开和表决程序符合《中华人民共和国公司法》（以下 简称"《公司法》"）等法律、法规和《永杰新材料股份有限公司章程》（以下 简称"《公司章程》"）的有关规定。 二、董事会会议审议情况 经与会董事审议，并对议案进行了投票表决，通过了以下决议： （一）审议通过了《关于公司 2025 年第三季度报告的议案》 经审议，公司董事会认为：公司 2025 年第三季度报告所披露的信息真实、 准确、完整地 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥2,593,726,116.08, representing a year-on-year increase of 22.46%[4] - The total profit for the third quarter was ¥128,742,728.60, an increase of 80.02% compared to the same period last year[4] - The net profit attributable to shareholders for the third quarter was ¥122,797,681.23, reflecting a growth of 70.41% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the third quarter was ¥119,897,568.48, up 53.58% from the previous year[4] - The company's operating revenue for the current period is ¥7,020,359,517.71, an increase from ¥5,850,030,170.64 in the previous period, representing a growth of approximately 19.97%[20] - The total operating costs increased to ¥6,695,717,523.62 from ¥5,613,972,336.01, reflecting a rise of about 19.26%[20] - The net profit for the current period is ¥308,615,289.73, compared to ¥235,606,617.93 in the previous period, indicating an increase of approximately 30.93%[21] - The basic and diluted earnings per share for the current period are both ¥1.71, up from ¥1.60 in the previous period, showing a growth of 6.88%[21] - Net profit for the first three quarters of 2025 was ¥80,697,719.49, compared to ¥46,268,202.46 in 2024, indicating a 74% increase[30] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,820,815,471.35, a 37.58% increase compared to the end of the previous year[5] - Current assets as of September 30, 2025, totaled CNY 3,853,549,965.94, up from CNY 2,599,543,945.34 at the end of December 2024, reflecting a growth of 48.25%[14] - Total liabilities as of September 30, 2025, amounted to CNY 2,003,672,545.74, compared to CNY 1,827,957,093.93, reflecting an increase of 9.62%[16] - Total assets increased to ¥2,583,849,773.12 in 2025 from ¥1,507,390,336.16 in 2024, marking a growth of 72%[28] - Total liabilities rose to ¥752,451,185.09 in 2025 from ¥589,267,158.10 in 2024, an increase of 28%[28] Equity - The equity attributable to shareholders at the end of the reporting period was ¥2,817,142,925.61, which is a 68.09% increase year-on-year[5] - Total equity increased to CNY 2,817,142,925.61 from CNY 1,675,949,945.40, showing a growth of 68.06%[16] - The company's total equity reached ¥1,831,398,588.03 in 2025, up from ¥918,123,178.06 in 2024, reflecting a growth of 99%[28] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥279,701,547.42, reflecting a significant increase due to higher procurement payment ratios[9] - The net cash flow from operating activities for the first three quarters of 2025 is ¥279,701,547.42, significantly higher than ¥3,828,894.73 in the same period of 2024[23] - Cash and cash equivalents at the end of the period increased to ¥500,444,355.06 from ¥240,725,802.90, marking a growth of approximately 108.00%[24] - The company reported a net cash outflow from investing activities of ¥346,442,063.21, compared to a smaller outflow of ¥49,355,452.12 in the previous period[24] - The net cash flow from financing activities for the current period is ¥223,730,152.84, a recovery from a net outflow of ¥4,925,762.28 in the previous period[24] - Cash flow from operating activities for the first three quarters of 2025 was ¥117,156,569.82, a significant improvement from a negative cash flow of -¥24,346,245.33 in 2024[32] Inventory and Receivables - Accounts receivable rose to CNY 1,288,391,010.82, compared to CNY 838,081,359.64, marking a significant increase of 53.73%[14] - The company has reported an increase in accounts receivable to ¥483,312,257.65 from ¥314,550,109.30, indicating a growth of approximately 53.67%[26] - The company reported a significant increase in inventory, which rose to ¥229,051,690.30 in 2025 from ¥201,873,271.06 in 2024, an increase of 13%[28] Research and Development - Research and development expenses increased to ¥65,969,232.82 in 2025 from ¥47,405,048.28 in 2024, representing a 39% rise[30] Capital Reserves - The company reported a significant increase in capital reserves, rising to CNY 1,399,191,066.14 from CNY 516,469,775.66, an increase of 170.06%[16]

Market Overview - On October 27, the industrial metals sector rose by 2.27% compared to the previous trading day, with Huayu Mining leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Top Performers in Industrial Metals - Huayu Mining (601020) closed at 28.74, up 6.52%, with a trading volume of 467,700 shares and a transaction value of 1.319 billion [1] - Jiangxi Copper (600362) closed at 41.53, up 6.24%, with a trading volume of 968,300 shares and a transaction value of 3.974 billion [1] - Zhi'an Technology (300328) closed at 16.77, up 4.81%, with a trading volume of 570,800 shares and a transaction value of 941 million [1] Underperformers in Industrial Metals - Minfa Aluminum (002578) closed at 3.53, down 5.11%, with a trading volume of 603,400 shares and a transaction value of 214 million [2] - Jinhui Co. (603132) closed at 13.48, down 4.26%, with a trading volume of 101,500 shares and a transaction value of 137 million [2] - Yuguang Gold Lead (600531) closed at 12.25, down 4.22%, with a trading volume of 946,800 shares and a transaction value of 1.164 billion [2] Capital Flow Analysis - The industrial metals sector saw a net inflow of 432 million from institutional investors, while retail investors experienced a net outflow of 820 million [2] - Notable net inflows from institutional investors included Jiangxi Copper with 433 million and Luoyang Jiyie with 213 million [3] - Retail investors showed significant outflows in stocks like Jiangxi Copper and Zinc Industry Co., indicating a shift in investor sentiment [3]