Financial Performance - The company's operating revenue for the third quarter reached ¥946,345,692.66, representing a year-on-year increase of 57.09%[4] - The total profit for the third quarter was ¥192,536,938.19, showing a significant increase of 1,828.90% compared to the same period last year[4] - The net profit attributable to shareholders was ¥164,868,401.17, reflecting a year-on-year growth of 1,432.90%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥92,197,986.02, an increase of 748.13% year-on-year[4] - The basic earnings per share for the third quarter was ¥0.64, a substantial increase of 1,500.00% compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥2,462,598,973.70, a significant increase of 65% compared to ¥1,490,845,713.40 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥216,623,987.72, up from ¥55,024,869.04 in 2024, representing a growth of 294%[21] - Operating profit for the first three quarters of 2025 was ¥278,574,065.52, compared to ¥62,913,655.94 in 2024, indicating a year-over-year increase of 343%[21] - Basic earnings per share for the first three quarters of 2025 were ¥0.83, compared to ¥0.20 in 2024, reflecting a 315% increase[22] - The company's total comprehensive income for the first three quarters of 2025 was ¥209,523,409.60, compared to ¥44,987,270.78 in 2024, indicating a growth of 366%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,226,469,372.98, a 4.96% increase from the end of the previous year[5] - The equity attributable to shareholders increased to ¥1,868,063,383.63, reflecting a growth of 12.68% compared to the previous year[5] - The company's total liabilities amounted to ¥4,350,175,417.35, slightly up from ¥4,270,307,491.60 in the previous year[19] - The company's total equity increased to ¥1,876,293,955.63 in 2025, compared to ¥1,662,175,297.99 in 2024, marking a growth of 13%[19] - Short-term borrowings increased to CNY 1,177,408,355.34 from CNY 1,009,798,928.14, reflecting a rise of approximately 16.6%[17] Cash Flow - Cash flow from operating activities was ¥3,380,277,696.84 in 2025, compared to ¥2,916,272,654.05 in 2024, an increase of 16%[24] - Net cash flow from operating activities was $786.63 million, a significant improvement from a negative cash flow of $661.67 million in the previous period[25] - Total cash inflow from operating activities reached $5.18 billion, compared to $3.07 billion last year, indicating a year-over-year increase of approximately 68.6%[25] - Cash outflow from operating activities totaled $4.40 billion, up from $3.73 billion, reflecting a 17.9% increase[25] - The ending cash and cash equivalents balance stood at $524.68 million, an increase from $414.95 million at the end of the previous period[26] Investments and Expenses - Research and development expenses amounted to 57.02 million, reflecting investments in new product development and enhancements in computing power services[11] - Research and development expenses increased to ¥69,588,341.71 in 2025 from ¥44,316,864.51 in 2024, reflecting a growth of 57%[20] - The company confirmed a fair value change gain from the investment in Fulide, contributing to the profit growth in the third quarter[9] - The company recorded a fair value change gain of 1,340,142.51 million, primarily due to the valuation of its investment in Fulede[11] - The company reported a fair value gain of CNY 85,156,946.42 from its investment in Fulede, with the market value of shares held amounting to CNY 137,576,073.66 as of September 30, 2025[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 38,608, with the top shareholder holding 36.51% of the shares[13] - The company has not reported any changes in the top 10 shareholders or their shareholdings due to margin trading activities[15]

Core Viewpoint - Lituo Electronics (603629.SH) reported significant growth in its Q3 2025 financial results, with substantial increases in both revenue and net profit compared to the previous year [1] Financial Performance - Q3 revenue reached 946 million, representing a year-on-year increase of 57.09% [1] - Net profit attributable to shareholders for Q3 was 165 million, showing a remarkable year-on-year growth of 1432.90% [1] - For the first three quarters, total revenue amounted to 2.463 billion, up 65.18% year-on-year [1] - Net profit attributable to shareholders for the first three quarters was 216 million, reflecting a year-on-year increase of 309.76% [1] Business Drivers - The performance improvement is primarily attributed to the growth in computing power business profits [1] - The manufacturing segment's losses have narrowed, achieving profitability in Q3 [1] - Recognition of fair value change gains from Fulede (301297) also contributed to the financial results [1]

利通电子公告，第三季度营收为9.46亿元，同比增长57.09%；净利润为1.65亿元，同比增长1432.90%。 前三季度营收为24.63亿元，同比增长65.18%；净利润为2.16亿元，同比增长309.76%。 ...

Core Viewpoint - Lito Electronics (603629.SH) has clarified that there is no business relationship with Muxi Integration [1] Company Summary - Lito Electronics confirmed on the investor interaction platform that it does not engage in any business dealings with Muxi Integration [1]

Core Viewpoint - Lito Electronics (603629.SH) has stated on its investor interaction platform that there is no business relationship with Muxi Integration [1] Company Summary - Lito Electronics confirmed the absence of any business dealings with Muxi Integration [1]

Core Points - The company has approved the grant of reserved restricted stock to a qualified incentive object, with a grant date set for October 22, 2025, at a price of 12.55 yuan per share for a total of 300,000 shares [2][5][16] Group 1: Restricted Stock Grant Details - The reserved stock grant date is October 22, 2025 [2] - The total number of reserved restricted stocks is 300,000 shares [5] - The grant price for the reserved restricted stocks is 12.55 yuan per share [5] Group 2: Decision-Making Process - The decision-making process involved multiple meetings, including the board and supervisory committee meetings held on August 29, September 1, and October 22, 2025, where relevant proposals were approved [3][6][10] - The company conducted an internal public notice regarding the list of incentive objects from August 30 to September 9, 2025, with no objections received [4] Group 3: Compliance and Conditions - The board confirmed that all conditions for granting the restricted stock have been met, with no disqualifying events occurring for either the company or the incentive object [7][16] - The incentive object does not include independent directors, supervisors, or shareholders holding more than 5% of the company's shares [11][18] Group 4: Financial Impact - The total cost of the reserved restricted stocks is estimated at 3.165 million yuan, with implications for the company's accounting costs over the relevant periods [16][17] - The company anticipates that the incentive plan will enhance management motivation and operational efficiency, potentially leading to greater performance improvements than the associated costs [17]

Core Points - The company, Jiangsu Litong Electronics Co., Ltd., announced the achievement of the granting conditions for its 2025 restricted stock incentive plan [2] - On October 22, 2025, the company held its third board meeting and the eighteenth supervisory board meeting to approve the proposal for granting reserved restricted stocks [2] - The reserved grant date for the restricted stocks is set for October 22, 2025, with a grant price of 12.55 yuan per share, totaling 300,000 shares for one eligible incentive recipient [2]

Group 1 - The core point of the article is that Litong Electronics (SH 603629) held its 25th meeting of the third board of directors on October 22, 2025, to review documents related to granting reserved restricted stocks to incentive targets [1] - For the first half of 2025, the revenue composition of Litong Electronics is as follows: precision metal stamping structural parts accounted for 60.39%, computing power business 32.02%, electronic components 4.24%, molds 1.49%, and others 1.39% [1] - As of the report date, the market capitalization of Litong Electronics is 6 billion yuan [1] Group 2 - The article also mentions a notable figure who has re-emerged after five years, transitioning from a monthly salary of 5,000 yuan to becoming the co-president of a company with a market value of 100 billion yuan [1]

江苏利通电子股份有限公司薪酬与考核委员会 关于公司 2025 年限制性股票激励计划预留授予相关事项 的核查意见 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》"）、《上市公司股权激励管理办法》（以下简称"《管理办 法》"）等法律法规、规范性文件及《江苏利通电子股份有限公司章程》（以下简称"《公 司章程》"）的有关规定，江苏利通电子股份有限公司薪酬与考核委员会对公司《2025 年限制性股票激励计划（草案修订稿）》（以下简称"《激励计划（草案修订稿）》"、"本 次激励计划"）预留授予相关事项进行核实，现发表如下意见： 1、本次激励计划预留授予限制性股票的激励对象不存在《管理办法》规定的不 得成为激励对象的情形： （1）最近 12 个月内被证券交易所认定为不适当人选； 江苏利通电子股份有限公司薪酬与考核委员会 2025 年 10 月 23 日 （4）具有《公司法》规定的不得担任公司董事、高级管理人员情形的； （5）法律法规规定不得参与上市公司股权激励的； （6）中国证监会认定的其他情形。 2、本次被授予限制性股票的激励对象均具备《公司法》《证券法》《公司章程 ...

| 序 | 姓名 | 职务 | 获授的限制性股 | 占本次预留授 予限制性股票 | 占本激励计划 公告日公司股 | | --- | --- | --- | --- | --- | --- | | 号 | | | 票数量（万股） | 总数的比例 | 本总额的比例 | | 中层管理人员及核心骨干（1 | | 人） | 30.00 | 100.00% | 0.12% | | 预留授予合计（1 | | 人） | 30.00 | 100.00% | 0.12% | 注：1、上述任何一名激励对象通过全部有效的股权激励计划获授的本公司股票均未超 过本激励计划草案（修订稿）及其摘要公告之日公司股本总额的 1%。公司全部有效的激励 计划所涉及标的股票总数累计不超过股权激励计划提交股东会时公司股本总额的 10%。 2、本激励计划激励对象不包括独立董事、监事及单独或合计持有公司 5%以上股份的 股东或实际控制人及其配偶、父母、子女。 3、剩余的 20.00 万股预留部分限制性股票不再授予，作废失效。 江苏利通电子股份有限公司董事会 2025 年 10 月 23 日 江苏利通电子股份有限公司 2025 年限制性股票激励计划预留授予部 ...