Financial Performance - The company's operating revenue for Q3 2025 reached ¥331,569,518.82, representing a year-on-year increase of 13.05%[4] - The total profit for the period was ¥29,090,168.54, reflecting a growth of 3.68% compared to the same period last year[4] - Net profit attributable to shareholders was ¥27,446,666.35, with a slight increase of 0.81% year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached ¥1,031,086,188.35, a 22.6% increase from ¥841,021,683.32 in the same period of 2024[17] - Operating profit for the first three quarters of 2025 was ¥124,813,411.45, compared to ¥112,350,181.69 in 2024, reflecting a growth of 11.3%[18] - Net profit attributable to shareholders for the first three quarters of 2025 was ¥110,598,495.11, up from ¥101,840,013.55 in 2024, marking an increase of 8.7%[18] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥100,077,137.98, showing a significant increase of 89.49%[8] - Cash flow from operating activities for the first three quarters of 2025 was ¥100,077,137.98, significantly higher than ¥52,813,974.71 in 2024, indicating a growth of 89.5%[20] - The total cash inflow from operating activities was ¥1,139,481,612.45 in 2025, compared to ¥838,263,068.35 in 2024, indicating a growth of 35.9%[20] - The net cash flow from investing activities was -$226.75 million, compared to -$26.92 million in the previous period, indicating a significant increase in investment outflows[21] - Total cash inflow from financing activities amounted to $537 million, a substantial increase from $11.81 million in the prior period[21] - The net cash flow from financing activities was $369.39 million, up from $6.87 million, reflecting strong financing efforts[21] - The net increase in cash and cash equivalents for the period was $243.96 million, compared to $33.14 million previously, showing improved liquidity[21] - The ending balance of cash and cash equivalents reached $560.32 million, significantly higher than $272.03 million at the end of the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,826,696,557.93, marking a 35.09% increase from the previous year-end[5] - As of September 30, 2025, the company's total assets reached ¥1,826,696,557.93, an increase from ¥1,352,230,502.39 on December 31, 2024, reflecting a growth of approximately 35%[13] - The company's cash and cash equivalents amounted to ¥656,294,217.05, up from ¥352,105,296.77, indicating an increase of about 86%[13] - Accounts receivable decreased to ¥348,729,017.96 from ¥393,468,310.38, representing a decline of approximately 11.4%[13] - Inventory levels slightly decreased to ¥310,315,034.33 from ¥329,855,918.68, showing a reduction of about 5.9%[14] - The total current liabilities decreased to ¥564,285,926.27 from ¥611,942,175.48, a reduction of approximately 7.8%[14] - Total liabilities increased to ¥617,144,249.57 in 2025 from ¥567,564,874.91 in 2024, representing a rise of 8.7%[15] - The total non-current assets increased to ¥246,205,059.54 from ¥200,452,526.96, representing a growth of about 22.8%[14] Equity and Shareholder Information - Shareholders' equity attributable to the company reached ¥1,259,131,683.02, up 71.29% compared to the previous year-end[5] - Total equity attributable to shareholders rose to ¥1,259,131,683.02 in 2025, compared to ¥735,086,252.82 in 2024, an increase of 71.2%[15] - The total number of ordinary shareholders at the end of the reporting period was 17,586[10] - The company has not disclosed any significant changes in shareholder relationships or actions during the reporting period[12] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥49,338,818.70, up from ¥41,168,932.89 in 2024, reflecting a growth of 19.8%[17] Earnings and Returns - Basic earnings per share for the quarter were ¥0.27, down 25% from the same period last year[4] - The weighted average return on equity was 2.14%, a decrease of 1.92 percentage points year-on-year[5] - The company reported a financial income of ¥4,836,163.88 in the first three quarters of 2025, compared to ¥2,789,381.18 in 2024, an increase of 73.3%[17]

拟向全体股东每股派发现金红利人民币0.50元（含税）。截至2025年10月27 日，公司总股本为1亿股，以此计算合计拟派发现金红利为人民币5,000万元（含 税）。公司2025年第一季度派发现金红利人民币4,000万元（含税），2025年第三 季度拟派发现金红利人民币5,000万元（含税），前三季度合计分红金额为9,000 万元（含税），占公司2025年前三季度实现的归属于上市公司股东净利润的81.38%。 如在本公告披露之日至实施权益分派的股权登记日期间，因可转债转股、回 购股份、股权激励授予股份回购注销、重大资产重组股份回购注销等致使公司总 股本发生变动的，公司将维持每股分配比例不变，相应调整分配总额，并将另行 公告具体调整情况。 证券代码：603400 证券简称：华之杰 公告编号：2025-025 苏州华之杰电讯股份有限公司 关于公司 2025 年第三季度利润分配方案的公告 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。 重要内容提示： 一、利润分配方案内容 根据苏州华之杰电讯股份有限公司（以下简称"公司"）2025年第 ...

Core Insights - The company reported a third-quarter revenue of 332 million yuan, representing a year-on-year increase of 13.05% [1] - The net profit for the third quarter was 27.4467 million yuan, showing a year-on-year growth of 0.81% [1] - For the first three quarters, the total revenue reached 1.031 billion yuan, reflecting a year-on-year increase of 22.60% [1] - The net profit for the first three quarters amounted to 111 million yuan, with a year-on-year growth of 8.60% [1]

Group 1 - The stock price of Huazhi Jie increased by 2.04% on October 23, reaching 59.50 CNY per share, with a total market capitalization of 5.95 billion CNY [1] - Year-to-date, Huazhi Jie’s stock price has risen by 11.28%, but it has seen a decline of 0.93% over the last five trading days and 6.59% over the last 20 days [1] - The company has appeared on the trading leaderboard 13 times this year, with the most recent appearance on August 25, where it recorded a net buy of 30.36 million CNY [1] Group 2 - Huazhi Jie, established on June 6, 2001, is located in Suzhou, Jiangsu Province, and specializes in providing key functional components for electric tools and consumer electronics [2] - The company’s main business revenue composition includes smart switches (56.29%), smart controllers (12.90%), and other components [2] - As of June 30, the number of Huazhi Jie shareholders decreased by 30.52% to 26,200, while the average circulating shares per person increased by 43.94% to 749 shares [2] Group 3 - Since its A-share listing, Huazhi Jie has distributed a total of 40 million CNY in dividends [3]

证券代码：603400 证券简称：华之杰 公告编号：2025-023 苏州华之杰电讯股份有限公司 关于与专业投资机构共同投资产业基金的进展公告 公司于近日收到基金管理人音波迭代通知，合伙企业已完成工商变更登记， 并取得上海市市场监督管理局换发的《营业执照》。具体信息如下： 1、名称：上海音波迭代硅基创业投资合伙企业（有限合伙） 2、统一社会信用代码：91310000MAEPY8LQ99 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： | 投资标的名称 | 上海音波迭代硅基创业投资合伙企业（有限合伙） | | --- | --- | | 投资金额（万元） | 万元人民币 1,000 | | 投资进展阶段 | 完成 终止 交易要素变更 进展 | | 特别风险提示 | 募集失败 | | | 未能完成备案登记 | | | 提前终止 | | | 发生重大变更 | | | 其他：因投资标的具有投资周期长、流动性较低的 | | | 特点，且本次投资基金在投资过程中可能受到宏观经 | | | 济、行业周期、监 ...

Group 1: Haibo Sichuang - Haibo Sichuang is a leading provider of electrochemical energy storage systems and solutions, benefiting from the industry's shift from price-driven to value-driven models [1][12][23] - The company has established a strong market position in the domestic energy storage system integration market, ranking second in 2023 and first in 2022 and 2021 in terms of shipment volume [12][24] - The global energy storage market is expected to exceed 270GW by 2030, with an annual compound growth rate of over 40%, driven by strong demand from new application scenarios such as communication bases and data centers [1][23][36] Group 2: Huazhi Jie - Huazhi Jie is a leading enterprise in the electric tool components market, expanding into new application areas such as new energy vehicles and drones [2][24] - The company has established a strong market position in the electric tool components sector, with increasing demand from the global electric tool industry since January 2025 [2][24] - Huazhi Jie is enhancing its global supply capabilities and optimizing customer service, which is expected to strengthen its competitive position in the future [2][24] Group 3: Zhongli Co., Ltd. - Zhongli Co., Ltd. is a leader in the electric forklift industry in China, focusing on green, intelligent, and digital transformation [3][24] - The company has maintained the highest sales volume of electric warehouse forklifts for 12 consecutive years and lithium battery forklifts for 6 consecutive years, showcasing its strong market position [3][24] - Zhongli is actively expanding into overseas markets, with plans for factories in Southeast Asia and strategic partnerships in Europe and America [3][24]

Core Insights - On October 17, Huazhi Jie experienced a decline of 4.31% with a trading volume of 67.71 million yuan [1] - The company reported a net financing outflow of 2.37 million yuan on the same day, with total financing and securities balance amounting to 98.35 million yuan [1][2] - As of June 30, the number of shareholders decreased by 30.52%, while the average circulating shares per person increased by 43.94% [2] Financial Performance - For the first half of 2025, Huazhi Jie achieved operating revenue of 700 million yuan, representing a year-on-year growth of 27.72% [2] - The net profit attributable to the parent company for the same period was 83.15 million yuan, reflecting an increase of 11.44% year-on-year [2] Business Overview - Huazhi Jie, established on June 6, 2001, specializes in providing intelligent, safe, and precise key functional components for electric tools and consumer electronics [1] - The revenue composition includes: intelligent switches (56.29%), intelligent controllers (12.90%), and other components such as brushless motors (8.75%) and precision structural parts (13.14%) [1] Dividend Information - Since its A-share listing, Huazhi Jie has distributed a total of 40 million yuan in dividends [3]

Core Insights - On October 14, Huazhi Jie experienced a decline of 3.34% with a trading volume of 61.77 million yuan [1] - The company reported a net financing outflow of 412,600 yuan on the same day, with a total financing and securities balance of 98.51 million yuan [1] - As of June 30, the number of Huazhi Jie shareholders decreased by 30.52% to 26,200, while the average circulating shares per person increased by 43.94% to 749 shares [2] Financial Performance - For the first half of 2025, Huazhi Jie achieved operating revenue of 700 million yuan, representing a year-on-year growth of 27.72% [2] - The net profit attributable to the parent company for the same period was 83.15 million yuan, reflecting an increase of 11.44% year-on-year [2] Business Overview - Huazhi Jie, established on June 6, 2001, is located in Suzhou, Jiangsu Province, and focuses on providing intelligent, safe, and precise key functional components for electric tools and consumer electronics [1] - The company's main business revenue composition includes: intelligent switches (56.29%), intelligent controllers (12.90%), and other components [1]

Core Viewpoint - Suzhou Huazhi Jie Electric Co., Ltd. is focused on the research, production, and sales of key functional components for power tools and consumer electronics, with a significant portion of its revenue coming from overseas markets, benefiting from the depreciation of the RMB [2][3]. Company Overview - Suzhou Huazhi Jie Electric Co., Ltd. was established on June 6, 2001, and went public on June 20, 2025. The company specializes in providing intelligent, safe, and precise key functional components for power tools and consumer electronics [7]. - The main business revenue composition includes: smart switches (56.29%), smart controllers (12.90%), other components (12.72%), brushless motors (8.75%), and precision structural parts (13.14%) [7]. Financial Performance - For the first half of 2025, the company achieved operating revenue of 700 million yuan, representing a year-on-year growth of 27.72%. The net profit attributable to the parent company was 83.15 million yuan, with a year-on-year increase of 11.44% [7]. - As of June 30, 2025, the company had 26,200 shareholders, a decrease of 30.52% from the previous period, while the average circulating shares per person increased by 43.94% [7]. Market Activity - On October 9, the stock price of Huazhi Jie increased by 0.34%, with a trading volume of 57.94 million yuan and a turnover rate of 4.82%. The total market capitalization is 6.143 billion yuan [1]. - The stock has seen a net outflow of 1.06 million yuan from major funds today, with a ranking of 151 out of 244 in the industry [4][5]. Technical Analysis - The average trading cost of the stock is 64.36 yuan, with recent reductions in holdings, but the pace of reduction has slowed. The current stock price is near a support level of 60.99 yuan, which is critical for potential rebounds [6].

Core Insights - The stock of Huazhi Jie experienced a decline of 1.11% on September 30, with a trading volume of 66.89 million yuan [1] - The company reported a financing buy-in of 4.75 million yuan and a financing repayment of 8.66 million yuan on the same day, resulting in a net financing outflow of 3.91 million yuan [1] - As of September 30, the total balance of margin trading for Huazhi Jie was 99.09 million yuan, accounting for 8.26% of its market capitalization [1][2] Financing and Margin Trading - On September 30, Huazhi Jie had a financing buy-in of 4.75 million yuan, with a total financing balance of 99.09 million yuan [1] - The company had no short-selling activity on that day, with zero shares sold or repaid [1] Company Overview - Huazhi Jie, established on June 6, 2001, is located in Suzhou, Jiangsu Province, and focuses on providing intelligent, safe, and precise key components for electric tools and consumer electronics [1] - The company's revenue composition includes: intelligent switches (56.29%), intelligent controllers (12.90%), and other components [1] Financial Performance - For the first half of 2025, Huazhi Jie reported a revenue of 700 million yuan, representing a year-on-year growth of 27.72% [2] - The net profit attributable to the parent company was 83.15 million yuan, reflecting an increase of 11.44% compared to the previous period [2] Shareholder Information - As of June 30, the number of shareholders for Huazhi Jie was 26,200, a decrease of 30.52% from the previous period [2] - The average number of circulating shares per shareholder increased by 43.94% to 749 shares [2] Dividend Information - Since its A-share listing, Huazhi Jie has distributed a total of 40 million yuan in dividends [3]