Core Viewpoint - Daye Co., Ltd. is a leading manufacturer of tire cord steel wire in China, with significant advantages in scale, product, technology, and operations [1] Group 1: Business Performance - In Q3 2025, Daye Co., Ltd. achieved a revenue of 3.778 billion yuan, ranking 6th among 82 companies in the industry [2] - The company's net profit for the same period was 20.87 million yuan, placing it 61st in the industry [2] Group 2: Financial Ratios - As of Q3 2025, Daye Co., Ltd. had a debt-to-asset ratio of 75.26%, which is significantly higher than the industry average of 39.81% [3] - The gross profit margin for the same period was 6.84%, lower than the industry average of 22.64% [3] Group 3: Executive Compensation - The chairman, Dou Yong, received a salary of 452,000 yuan in 2024, a decrease of 6,900 yuan from 2023 [4] - The general manager, Zheng Hongxia, earned 368,100 yuan in 2024, down 44,700 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 23.58% to 30,800 [5] - The average number of circulating A-shares held per shareholder decreased by 19.08% to 11,100 [5] Group 5: Future Projections - East Asia Securities forecasts Daye Co., Ltd.'s revenue for 2025, 2026, and 2027 to be 5.771 billion, 6.218 billion, and 6.829 billion yuan, respectively, with year-on-year growth rates of 13.23%, 7.75%, and 9.82% [6] - The projected net profit for the same years is 74 million, 159 million, and 259 million yuan, indicating a turnaround and significant growth [6]

Core Points - The company guarantees the authenticity, accuracy, and completeness of the quarterly report, and assumes legal responsibility for any false records or misleading statements [2][9] - The third-quarter financial statements are unaudited, indicating that the financial data has not undergone an external audit process [3][8] Financial Data - The report includes major accounting data and financial indicators, but specific figures are not provided in the documents [3][4] - Non-recurring gains and losses are applicable, but details on significant amounts are not specified [4] Shareholder Information - The total number of ordinary shareholders and the situation of the top ten shareholders are mentioned, but specific numbers are not provided [5] Board Meeting - The fifth board meeting was held on October 29, 2025, with all five directors present, and the meeting complied with relevant laws and regulations [10] - The board approved the third-quarter report with unanimous consent [11] - Adjustments were made to the remuneration and assessment committee of the board, electing a new member due to a previous member's departure [13]

Company Overview - Daye Co., Ltd. (SH 603278) announced its fifth board meeting on October 29, 2025, to discuss the adjustment of the remuneration and assessment committee members [1] - As of the report, Daye Co., Ltd. has a market capitalization of 3.6 billion yuan [1] Revenue Composition - For the year 2024, Daye Co., Ltd.'s revenue composition is as follows: - Metal wire rope products account for 98.26% - Other businesses account for 1.37% - Automotive parts processing and manufacturing account for 0.32% - Metal surface spraying accounts for 0.04% [1]

山东大业股份有限公司 证券代码：603278 证券简称：大业股份 公告编号：2025-044 表决结果：5 票同意，0 票反对，0 票弃权。 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 山东大业股份有限公司（以下简称"公司"）第五届董事会第十八次会议于 2025 年 10 月 29 日在公司五楼会议室召开。本次董事会应参加会议董事 5 人， 实际参加会议董事 5 人，本次会议由董事长窦勇先生召集并主持，公司部分高级 管理人员列席会议。会议的召集和召开程序符合《中华人民共和国公司法》等法 律法规、行政部门规章、规范性文件和《山东大业股份有限公司章程》的有关规 定。 二、董事会会议审议情况 1、审议并通过了《关于公司 2025 年第三季度报告的议案》 表决结果：5 票同意，0 票反对，0 票弃权。 具体内容详见同日在上海证券交易所网站上披露的《2025 年第三季度报告》。 2、审议并通过了《关于调整第五届董事会薪酬与考核委员会成员的议案》 第五届董事会第十八次会议决议公告 为进一步完善公司治理结构 ...

Financial Performance - The company's operating revenue for the third quarter was ¥1,256,737,955.21, representing a year-on-year increase of 4.03%[5] - The total profit for the period was a loss of ¥20,636,981.63, with a net profit attributable to shareholders also showing a loss of ¥19,022,693.56[5] - The basic earnings per share for the third quarter was -¥0.06, compared to ¥0.07 for the same period last year[5] - Total operating revenue for the first three quarters of 2025 was CNY 3,778,005,654.06, a decrease of 1.6% compared to CNY 3,839,502,293.31 in the same period of 2024[21] - Net profit for the first three quarters of 2025 was CNY 20,872,820.89, a significant recovery from a net loss of CNY 123,003,217.42 in the same period of 2024[22] - Earnings per share for the first three quarters of 2025 was CNY 0.07, compared to a loss of CNY 0.32 per share in the same period of 2024[23] - The company reported a total profit of CNY 23,101,955.63 for the first three quarters of 2025, compared to a total loss of CNY 139,608,506.65 in the same period of 2024[22] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥281,156,190.15, an increase of 196.12% compared to the previous year[5] - The net cash flow from operating activities for the reporting period was 196.12 million, primarily due to a decrease in cash payments for goods purchased and services received[12] - The net cash inflow from operating activities was CNY 281,156,190.15, a significant increase from CNY 94,947,770.51 in the previous period, reflecting improved operational efficiency[27] - The total cash and cash equivalents at the end of the period decreased to CNY 173,719,718.08 from CNY 199,385,724.57, reflecting a decline in liquidity[28] - The net cash outflow from financing activities was CNY -77,503,514.13, compared to a net inflow of CNY 192,261,176.47 in the previous period, indicating a shift in financing strategy[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,109,346,673.87, reflecting a 5.32% increase from the end of the previous year[6] - Total current assets as of September 30, 2025, amounted to 3,860.57 million, a decrease from 4,006.83 million as of December 31, 2024[17] - The total non-current assets increased to 4,248.78 million from 3,692.97 million, indicating growth in long-term investments[17] - Total liabilities rose to CNY 6,102,890,991.47, up from CNY 5,272,112,143.45 year-over-year[18] - Shareholders' equity decreased to CNY 2,006,455,682.40 from CNY 2,427,687,692.99 in the previous year[19] Investment and Expenses - The company recorded a 1,379.20% increase in investment income for the year-to-date period, primarily from bank wealth management and disposal of trading financial assets[11] - The company reported a 55.97% decrease in non-operating income for the year-to-date period, mainly due to reduced penalty income[11] - Research and development expenses decreased to CNY 38,377,156.41, down from CNY 48,812,879.36 in the previous year[22] - Cash paid for investments was CNY 330,973,784.74, an increase from CNY 240,300,000.00, suggesting a focus on capital expenditures[27] Shareholder Information - The top shareholder, Dou Yong, holds 111,384,000 shares, representing 32.59% of the total shares[14] - The company has not reported any significant changes in shareholder structure or share lending activities during the reporting period[15]

Core Points - The company announced the resignation of a board member and the election of an employee representative director, in compliance with revised corporate governance rules [1][2] - The resignation of the board member is a normal adjustment according to the amended articles of association, and it will not adversely affect the company's operations [1] - The employee representative director, Mr. Pan Lei, was elected during the employee representative assembly held on October 27, 2025, and his term will last until the current board's term ends [2] Summary of Key Sections Board Member Resignation - The company received a resignation report from Mr. Zhang Lanzhou, who will continue to serve as the deputy general manager [1] - The resignation is part of a structural adjustment in the board to include an employee representative director as mandated by the revised articles of association [1] Election of Employee Representative Director - Mr. Pan Lei was elected as the employee representative director during the fifth employee representative assembly [2] - His election complies with legal requirements, ensuring that the number of employee representatives does not exceed half of the total board members [2] Shareholder Meeting - The second extraordinary general meeting of shareholders was held on October 27, 2025, where several resolutions were passed, including amendments to governance rules [5][7] - The meeting was presided over by the chairman and complied with legal and regulatory requirements [6][10]

Group 1 - The company Da Ye Co., Ltd. announced the convening of the fifth session of the thirteenth employee representative assembly on October 27, 2025 [1] - The assembly will review and approve the proposal to elect Mr. Pan Lei as the employee representative director of the fifth board of directors [1] - The election of Mr. Pan Lei is part of the company's governance and management structure [1]

证券代码：603278 证券简称：大业股份 公告编号：2025-042 山东大业股份有限公司 关于董事离任暨选举职工代表董事的公告 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。 根据中国证监会发布的《关于新配套制度规则实施相关过渡期安排》及 2025 年修订发布的《上市公司治理准则》《上市公司章程指引》和上海证券交易所 2025 年修订发布的《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 1 号—规范运作》等相关规定，山东大业股份有限公司（以下简称"公 司"）对《公司章程》进行了修订，并提交 2025 年 10 月 27 日召开的 2025 年第 二次临时股东会审议通过。根据修订后的《公司章程》，公司应当在董事会中设 职工代表董事 1 名。因此，公司拟对董事会成员结构进行调整。公司已于 2025 年 10 月 27 日收到董事张兰州先生的辞职报告，同时公司召开了职工代表大会， 选举潘雷先生为第五届董事会职工代表董事。现将公司董事会成员变动情况公告 如下： 一、董事离任情况 | 姓名 | 离任 | ...

证券代码：603278 证券简称：大业股份 公告编号：2025-041 山东大业股份有限公司 2025年第二次临时股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 10 月 27 日 (二)股东大会召开的地点：公司办公楼会议室 审议结果：通过 表决情况： | 股东类型 | 同意 | | 反对 | | 弃权 | | | --- | --- | --- | --- | --- | --- | --- | | | 票数 | 比例 | 票数 | 比例 | 票数 | 比例 | | | | （%） | | （%） | | （%） | | A 股 | 178,954,984 | 99.85 | 227,708 | 0.13 | 38,200 | 0.02 | 2、 议案名称：《关于修订<山东大业股份有限公司股东会议事规则>的议案》 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议 ...

德和衡证见意见(2025)第00201号 Tel：010-85407666 邮编：100022 www.deheng.com.cn 中国北京市朝阳区建国门外大街 2 号银泰中心 C 座 11、12 层 北京德和衡律师事务所 关于山东大业股份有限公司 北京德和衡律师事务所 关于山东大业股份有限公司 2025年第二次临时股东大会的 法律意见书 2025年第二次临时股东大会的 法律意见书 德和衡证见意见(2025)第00201号 致：山东大业股份有限公司 北京德和衡律师事务所（以下简称"本所"）接受山东大业股份有限公司（以下简称"公 司"）的委托，指派本所律师出席贵公司 2025 年第二次临时股东大会。本所律师依据《中华 人民共和国公司法》（以下简称"《公司法》"）、《上市公司股东会规则》（以下简称"《股 东会规则》"）等相关法律、法规、规范性文件及《山东大业股份有限公司章程》（以下简称 "《公司章程》"）的规定，就本次股东大会的有关事宜出具本法律意见书。 本法律意见书仅就本次股东大会的召集和召开程序、会议召集人和出席会议人员的资格、 会议表决程序和表决结果的合法有效性等发表意见，并不对本次股东大会所审议的议案内容 ...