Core Viewpoint - Wencan Co., Ltd. (603348.SH) reported a decline in institutional ownership in its Q3 2025 report, with a total of 44.2043 million shares held by three institutional investors, representing 14.06% of the total share capital, down by 1.23 percentage points from the previous quarter [1] Institutional Ownership - As of October 28, 2025, three institutional investors disclosed their holdings in Wencan Co., Ltd., totaling 44.2043 million shares, which accounts for 14.06% of the company's total share capital [1] - The institutional investors include Foshan Shengdezhi Investment Co., Ltd., Guangdong Hengjian International Investment Co., Ltd., and Hong Kong Central Clearing Limited [1] - The overall institutional ownership percentage decreased by 1.23 percentage points compared to the previous quarter [1] Public Fund Holdings - In this reporting period, 41 public funds were not disclosed compared to the previous quarter, including notable funds such as Southern CSI 1000 ETF, E Fund Supply-side Reform Mixed Fund, Huaxia CSI 1000 ETF, GF CSI 1000 ETF, and Huaxia Panyi One-Year Open Mixed Fund [1]

Core Viewpoint - Wencan Co., Ltd. reported a significant decline in both revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The total operating revenue for the first three quarters reached 4.338 billion yuan, representing a year-on-year decrease of 7.73% [1] - The net profit attributable to shareholders of the parent company was 2.3574 million yuan, showing a substantial year-on-year decline of 97.57% [1] - The basic earnings per share were reported at 0.01 yuan [1]

Core Viewpoint - Wencan Group Co., Ltd. has approved an adjustment to the internal investment structure of the "Chongqing New Energy Vehicle Parts Intelligent Manufacturing Project" to optimize costs while maintaining the total investment and funding scale [1][4]. Fundraising and Project Investment Overview - Wencan Group completed a private placement in July 2024, raising a net amount of 1,032.39 million yuan, allocated to four major projects and working capital [2]. - As of June 30, 2025, the company has invested a total of 872.74 million yuan, achieving an overall investment progress of 84.54% [2]. - Specific project investment details include: - Anhui New Energy Vehicle Parts Intelligent Manufacturing Project: Total investment 1,001.06 million yuan, adjusted funding 250 million yuan, cumulative investment 238.82 million yuan, progress 95.53% [2]. - Chongqing New Energy Vehicle Parts Intelligent Manufacturing Project: Total investment 1,000.50 million yuan, adjusted funding 300 million yuan, cumulative investment 175.43 million yuan, progress 58.48% [2]. - Foshan New Energy Vehicle Parts Intelligent Manufacturing Project: Total investment 801.81 million yuan, adjusted funding 200 million yuan, cumulative investment 175.88 million yuan, progress 87.94% [2]. - Working capital: Total investment 700 million yuan, adjusted funding 282.39 million yuan, cumulative investment 282.61 million yuan, progress 100.08% [2]. Details and Reasons for Chongqing Project Adjustment - The adjustment is driven by actual construction needs, particularly the requirement for high ground bearing capacity for large-scale die-casting equipment and molds [3]. - Special foundation treatments were necessary based on geological surveys, leading to increased construction costs, while procurement optimization helped reduce equipment costs [3]. Impact of the Adjustment on the Company - The internal investment structure adjustment is a prudent decision based on actual construction needs and cost control, without changing the total investment scale or funding amount for the Chongqing project [4]. - The adjustment aims to ensure stable operation of large-scale die-casting equipment, enhancing long-term operational efficiency and aligning with the company's strategic development plan [4].

Company Performance - Wencan Co., Ltd. reported a revenue of approximately 4.338 billion yuan for the first three quarters of 2025, representing a year-on-year decrease of 7.73% [1] - The net profit attributable to shareholders of the listed company was approximately 2.36 million yuan, a significant year-on-year decline of 97.57% [1] - Basic earnings per share were 0.01 yuan, down 97.14% compared to the previous year [1] Market Context - As of the report, Wencan Co., Ltd. has a market capitalization of 6.9 billion yuan [2] - The A-share market has recently surpassed 4000 points, indicating a potential market resurgence after a decade of stagnation, with a new "slow bull" market pattern emerging [2]

Group 1 - The core point of the article is that Wencan Co., Ltd. announced a temporary board meeting to discuss the management system for senior executives' departure [1] - The company's revenue composition for the year 2024 is 98.39% from industrial operations and 1.61% from other businesses [1] - As of the report, Wencan Co., Ltd. has a market capitalization of 6.9 billion yuan [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation [1] - The technology sector is leading the market's transformation, indicating the beginning of a "slow bull" market pattern [1]

证券代码：603348 证券简称：文灿股份 公告编号：2025-034 文灿集团股份有限公司 关于调整部分募集资金投资项目内部投资结构的 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。 1 / 4 文灿集团股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召开第 四届董事会第十四次会议，审议通过《关于调整部分募集资金投资项目内部投资 结构的议案》。保荐人中信建投证券股份有限公司出具了明确的核查意见。现将 相关情况公告如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意文灿集团股份有限公司向特定对象发 行股票注册的批复》（证监许可〔2023〕1599 号）注册，并经上海证券交易所 同意，公司向特定对象发行人民币普通股（A 股）44,214,519 股，发行价格为每 股人民币 23.68 元，募集资金总额为人民币 1,046,999,809.92 元，扣除相关发行 费 用 （ 不 含 增 值 税 ） 14,614,700.58 元 后 ， 实 际 募 集 资 金 净 额 为 人 民 币 1,03 ...

证券代码：603348 证券简称：文灿股份 公告编号：2025-033 文灿集团股份有限公司 第四届董事会第十四次会议决议公告 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 具体内容详见同日披露的《文灿集团股份有限公司2025年第三季度报告》。 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。 文灿集团股份有限公司（以下简称"公司"）第四届董事会第十四次会议于 2025 年 10 月 28 日在公司会议室以现场结合通讯表决方式召开。本次董事会会 议为临时会议，会议通知已提前 5 日以书面、通讯等方式发送各位董事。会议召 集人为公司董事长唐杰雄先生，应参加表决董事 7 名，实际参加表决董事 7 名。 会议的召集、召开符合《中华人民共和国公司法》《中华人民共和国证券法》及 《公司章程》等有关规定，会议审议通过了如下议案： 一、审议通过《关于文灿集团股份有限公司 2025 年第三季度报告的议案》 结合目前公司募投项目的实际进展情况及未来计划，经审慎分析和认真研究 论证，在募投项目投资总额、实施主体、实施方式、募集资金项目投资用途、募 集资金投资规模等均不发生变更的前提下，董事会同 ...

中信建投证券股份有限公司 关于文灿集团股份有限公司 调整部分募集资金投资项目内部投资结构的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"、"保荐人"）作为文 灿集团股份有限公司（以下简称"文灿股份"、"公司"）向特定对象发行股票的保 荐人，根据相关法律法规的规定，对文灿股份本次调整部分募集资金投资项目内部投 资结构事项进行了核查，具体情况如下： 一、募集资金基本情况 经中国证券监督管理委员会《关于同意文灿集团股份有限公司向特定对象发 行股票注册的批复》（证监许可〔2023〕1599 号）注册，并经上海证券交易所 同意，公司向特定对象发行人民币普通股（A 股）44,214,519 股，发行价格为每 股人民币 23.68 元，募集资金总额为人民币 1,046,999,809.92 元，扣除相关发行 费 用 （ 不 含 增 值 税 ） 14,614,700.58 元 后 ， 实 际 募 集 资 金 净 额 为 人 民 币 1,032,385,109.34 元。上述募集资金到账时间为 2024 年 7 月 5 日，募集资金到位 情况已经安永华明会计师事务所（特殊普通合伙）进行审验，并出具了安永华明 （2 ...

文灿集团股份有限公司 信息披露事务管理制度 第一章 总则 第一条 为规范文灿集团股份有限公司(以下简称"公司")的信息披露行为， 确保公司信息披露内容的真实、准确、完整，切实维护投资者的合法权益，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》"）、《上市公司信息披露管理办法》（以下简称"《管理办 法》"）、《上市公司治理准则》（以下简称"《治理准则》"）、《上海证券交易所股票 上市规则》(以下简称"《上市规则》")、《上海证券交易所上市公司自律监管 指引第 2 号——信息披露事务管理》等相关法律法规、部门规章、规范性文件以 及《文灿集团股份有限公司章程》（以下简称"《公司章程》"）的有关规定，结合 本公司实际情况，制定本制度。 第二条 公司及其他信息披露义务人应当真实、准确、完整、及时地披露信 息，不得有虚假记载、误导性陈述或者重大遗漏。 第三条 公司的董事、高级管理人员应当忠实、勤勉地履行职责，保证披露 信息的真实、准确、完整、及时、公平。 第四条 在内幕信息依法披露前，任何知情人不得公开或者泄露该信息，不 得利用该信息进行内幕交易。 第五条 信息 ...

文灿集团股份有限公司2025 年第三季度报告 证券代码：603348 证券简称：文灿股份 文灿集团股份有限公司 2025 年第三季度报告 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： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 文灿集团股份有限公司2025 年第三季度报告 | 经营活动产生的现金流 | 不适用 | 不适用 | 154,102,283.00 | | -21.23 | | --- | --- | --- | --- | --- | --- | | 量净额 | | | | | | | 基本每股收益（元/股） | -0.03 | -175.00 | 0.01 | | -97.14 | | 稀释每股收益（元/股） | -0.03 | -160.00 | 0.01 | | -97.14 | | 加权平均净资产 ...