Core Viewpoint - Dingxin Communications (603421.SH) reported a significant decline in revenue and net profit for Q3 2025, indicating potential challenges in its business operations [1] Financial Performance - The company's operating revenue for Q3 2025 was 362 million yuan, representing a year-on-year decrease of 55.75% [1] - The net profit attributable to shareholders of the listed company was -117 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was also -117 million yuan [1]

证券代码：603421 证券简称：鼎信通讯 公告编号：2025-056 青岛鼎信通讯股份有限公司 关于调整董事会审计委员会成员的公告 | | 成员 | 主任委员 | | --- | --- | --- | | 调整前 | 田昆如（独立董事）、董桂武（独立董事）、刘敏 | 田昆如 | | 调整后 | 田昆如（独立董事）、董桂武（独立董事）、刘敏、 | 田昆如 | | | 王自栋（独立董事）、王岩（职工董事） | | 其中，审计委员会成员中独立董事占半数以上且由会计专业人士的独立董事 担任主任委员。除上述审计委员会调整外，公司董事会提名委员会、薪酬与考核 委员会及战略委员会成员不变。 特此公告。 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。 青岛鼎信通讯股份有限公司（以下简称"公司"）于 2025 年 10 月 27 日召 开第五届董事会第十四次会议，审议通过了《关于调整董事会审计委员会成员的 议案》，现将相关情况公告如下： 为进一步完善公司治理结构，推动公司规范运作，根据最新修订的《中华人 民共和国公司法》《上海证券交易所股票 ...

Group 1 - The core point of the article is that Dingxin Communication (SH 603421) held its 14th meeting of the 5th Board of Directors on October 27, 2025, to review various proposals, including adjustments to the Audit Committee members [1] - For the fiscal year 2024, Dingxin Communication's revenue composition is as follows: Power electronics account for 77.21%, Fire electronics for 15.81%, Other businesses for 4.54%, and Labor services for 2.44% [1] - As of the report date, Dingxin Communication has a market capitalization of 4.9 billion yuan [1]

证券代码：603421 证券简称：鼎信通讯 公告编号：2025-057 青岛鼎信通讯股份有限公司 第五届董事会第十四次会议决议公告 表决结果：同意 9 票，反对 0 票，弃权 0 票。 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。 一、董事会会议召开情况 青岛鼎信通讯股份有限公司（以下简称"公司"）第五届董事会第十四次会 议通知于 2025 年 10 月 22 日以书面和电子邮件的形式发出，会议于 2025 年 10 月 27 日以现场及通讯的方式召开，会议由董事长刘敏先生主持。本次会议应到 董事 9 名，实到董事 9 名，公司高级管理人员列席了会议。本次会议的召集、召 开符合《公司法》及《公司章程》的有关规定，会议决议合法有效。 二、董事会会议审议情况 本次会议经与会董事的认真讨论，投票表决，形成如下决议： 1、审议通过《关于公司 2025 年第三季度报告的议案》 具体内容详见公司同日披露于上海证券交易所网站（www.sse.com.cn）的《鼎 信通讯 2025 年第三季度报告》。 2 本议案已经公司董事会审计委员会 2 ...

Financial Performance - The company's operating revenue for the third quarter was ¥361,820,147.29, a decrease of 55.75% compared to the same period last year[3] - The total profit for the third quarter was -¥116,188,644.62, reflecting a significant decline of 757.65% year-over-year[3] - The net profit attributable to shareholders for the third quarter was -¥117,103,258.67, down 679.40% from the previous year[3] - The basic earnings per share for the third quarter was -¥0.18, representing a decline of 700.00% year-over-year[3] - Total operating revenue for the first three quarters of 2025 was ¥1,065,946,807.28, a decrease of 52.73% compared to ¥2,254,289,197.03 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was a loss of ¥336,273,243.06, compared to a loss of ¥28,436,940.22 in 2024, indicating a significant increase in losses[20] - Basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.52, compared to -¥0.04 in the same period of 2024[21] Cash Flow - The net cash flow from operating activities was ¥40,465,212.34, a decrease of 80.97% compared to the same quarter last year[10] - Cash flow from operating activities for the first three quarters of 2025 was a net outflow of ¥187,607,344.89, compared to a net inflow of ¥28,225,300.69 in 2024[23] - Cash flow from investing activities generated a net inflow of ¥168,954,540.37 in the first three quarters of 2025, compared to a net outflow of ¥24,775,438.96 in 2024[24] - Cash flow from financing activities resulted in a net outflow of ¥145,639,718.83 in the first three quarters of 2025, compared to a net outflow of ¥95,071,930.17 in 2024[24] - In the first three quarters of 2025, the net cash flow from operating activities was -7,366,412.08, compared to 9,241,396.43 in the same period of 2024, indicating a significant decline[32] - Total cash inflow from operating activities in 2025 was 936,199,997.71, down from 2,067,862,787.04 in 2024, reflecting a decrease of approximately 54.8%[32] - Cash outflow from operating activities in 2025 was 943,566,409.79, compared to 2,058,621,390.61 in 2024, showing a reduction of about 54.2%[32] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,871,812,603.28, a decrease of 16.89% from the end of the previous year[4] - Current assets decreased from CNY 3,016,956,133.61 to CNY 2,536,702,491.10, a reduction of about 15.9%[16] - Cash and cash equivalents decreased from CNY 630,287,441.26 to CNY 455,221,786.02, a decline of approximately 27.8%[15] - Accounts receivable decreased from CNY 1,295,104,304.80 to CNY 955,872,027.84, representing a decrease of about 26.3%[15] - Total liabilities decreased from CNY 1,521,422,013.10 to CNY 1,071,018,310.73, a reduction of approximately 29.5%[17] - Total equity decreased from CNY 3,136,981,575.63 to CNY 2,800,794,292.55, a decline of approximately 10.7%[18] - Total assets as of September 30, 2025, were CNY 4,121,572,430.83, down from CNY 4,821,021,360.81 as of December 31, 2024[27] - Total liabilities as of September 30, 2025, were CNY 631,953,867.11, a decrease of 44.8% from CNY 1,144,287,185.93 as of December 31, 2024[27] Expenses - Total operating costs for the first three quarters of 2025 were ¥1,389,277,024.35, compared to ¥2,204,064,932.80 in 2024, reflecting a decrease of 37.01%[19] - Research and development expenses for the first three quarters of 2025 were ¥281,352,668.06, a decrease of 22.34% from ¥362,203,589.48 in 2024[19] - Sales expenses for the first three quarters of 2025 were ¥200,905,955.88, down 34.06% from ¥305,134,966.45 in 2024[19] - The company reported a significant increase in financial costs, with interest expenses rising to CNY 11,178,077.15 from CNY 20,910,536.44 in the previous year[29] Other Financial Information - Non-recurring gains and losses amounted to ¥317,610.88 for the third quarter[6] - The company experienced a significant decline in revenue and profit due to adverse external environmental changes[9] - The company received a VAT refund of ¥21,204,306.13, which is closely related to its normal business operations[8] - The company has no long-term borrowings as of September 30, 2025, compared to CNY 130,000,000.00 as of December 31, 2024[17] - The company’s retained earnings decreased from CNY 1,220,660,425.70 to CNY 884,473,142.62, a decline of approximately 27.6%[18] - The company has not adopted new accounting standards or interpretations starting from 2025[34]

Group 1 - 593 stocks reported the latest number of shareholders as of October 20, with 271 showing a decrease compared to the previous period [1][3] - The largest decline in shareholder numbers was seen in Xinkai Technology, which decreased by 26.54% to 11,469 shareholders, while Dingxin Communications saw a 24.75% drop to 32,706 shareholders [3][4] - The average decline in shareholder numbers among the latest concentrated stocks was 0.11% since October 11, with 34% outperforming the Shanghai Composite Index [2][3] Group 2 - Among the concentrated stocks, 58 have released their Q3 reports, with Xinyuan Electronics showing the highest net profit growth of 421.43% year-on-year [4] - The stock with the highest expected net profit growth is Nanguang Energy, projected to reach a median of 342 million yuan, reflecting a year-on-year increase of 125.08% [4] - The concentrated stocks are primarily in the machinery, basic chemicals, and electronics sectors, with 43, 32, and 20 stocks respectively [3][4]

Core Insights - A total of 520 stocks reported their latest shareholder numbers as of October 20, with 233 stocks showing a decline compared to the previous period [1][3] - Among the stocks with significant declines, Xinkai Technology, Dingxin Communication, and Taihe Co. had the largest drops in shareholder numbers [3][4] - The average decline in shareholder numbers for the latest concentrated chip stocks was 0.67% since October 11, with 38% outperforming the Shanghai Composite Index [2][4] Shareholder Changes - 12 stocks experienced a decline of over 10% in shareholder numbers, with Xinkai Technology showing the largest drop of 26.54% to 11,469 shareholders [3][4] - Dingxin Communication's shareholder count decreased by 24.75% to 32,706, while Taihe Co. saw a 22.36% decline to 12,899 [4][5] - The overall trend indicates a significant reduction in shareholder engagement across various sectors, particularly in basic chemicals and machinery [4][5] Performance Metrics - The concentrated chip stocks monitored since October 1 averaged a decline of 0.77%, underperforming the Shanghai Composite Index, which rose by 1.02% [2] - Notable performers included Shihua Machinery, Shenwater Institute, and Xinlian Electronics, with increases of 43.47%, 21.70%, and 13.63%, respectively [3][4] - The sectors with the highest concentration of stocks included machinery equipment, basic chemicals, and electronics, indicating sector-specific trends in shareholder activity [4][5] Earnings Reports - Among the concentrated chip stocks, 30 have reported third-quarter earnings, with Xinlian Electronics showing the highest net profit growth of 421.43% year-on-year [4] - Shan Guotou A reported a 6.60% increase in net profit, while Nanguo Energy is projected to have a net profit of 342 million yuan, reflecting a 125.08% year-on-year increase [4][5] - The earnings reports suggest a mixed performance across sectors, with some companies experiencing significant growth despite overall declines in shareholder numbers [4][5]

Core Viewpoint - Dingxin Communications reported a significant decrease in shareholder accounts and a substantial decline in both revenue and net profit for the first half of the year [2] Group 1: Shareholder Information - As of October 20, the number of shareholders for Dingxin Communications was 32,706, a decrease of 10,755 from the previous period (October 10), representing a decline of 24.75% [2] Group 2: Stock Performance - The closing price of Dingxin Communications was 7.46 yuan, down 1.84%, with a cumulative decline of 11.51% since the concentration of shares began, showing 2 days of increase and 6 days of decrease [2] Group 3: Financial Performance - For the first half of the year, Dingxin Communications achieved a revenue of 704 million yuan, a year-on-year decrease of 50.99%, and a net profit of -219 million yuan, a year-on-year decline of 350.52%, with basic earnings per share at -0.3400 yuan [2]

Core Viewpoint - Dingxin Communication (603421) announced the election of Ms. Wang Yan as the employee representative director of the company's fifth board of directors through a democratic election by the employee representative assembly [1] Group 1 - The announcement was made on the evening of October 21 [1] - The election was conducted democratically among the employee representatives [1]

证券代码：603421 证券简称：鼎信通讯 公告编号：2025-055 经职工代表大会民主选举，选举王岩女士（简历附后）担任公司第五届董事 会职工代表董事，任期自本次职工代表大会通过之日起至公司第五届董事会任期 届满之日止。 王岩女士符合相关法律法规、规范性文件有关董事任职资格的要求。王岩女 士当选公司职工代表董事后，公司第五届董事会中兼任高级管理人员职务的董事 以及由职工代表担任的董事总计未超过公司董事总数的二分之一，符合相关法律 法规的要求。 特此公告。 青岛鼎信通讯股份有限公司董事会 2025 年 10 月 22 日 1 附件：王岩女士简历 青岛鼎信通讯股份有限公司 关于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法律责任。 为保障职工民主决策、民主管理、民主监督的权利，促进青岛鼎信通讯股份 有限公司（以下简称"公司"）的健康发展，根据《中华人民共和国公司法》等 相关法律法规、规范性文件及《公司章程》的有关规定，公司董事会设职工代表 董事一名。公司于 2025 年 10 月 21 日召开了 2025 年第 ...