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。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一）主要会计数据和财务指标 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603680 证券简称：今创集团 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： 单位：元 币种：人民币 ■ 注："本报告期"指本季度初至本季度末3个月期间，下同。 （二）非经常性损益项目和金额 √适用 □不适用 单位:元 币种:人民币 ■ 对公司将《公开发行证券的公司信息披露解释性公告第1号一一非经常性损益》未列举的项目认定为非 经常性损益项目且金额重大的，以及将《公开发行证券的公司信息披露解释性公告第1号一一非经常性 损益》中列举的非经常性损益项目界定为经常性损益的项目，应说明原因。 √适用 □不适用 单位：元 币种：人民 ...

Group 1 - The company Jin Chuang Group (SH 603680) held its fifth board meeting on October 28, 2025, to review the proposal for the third quarter report of 2025 [1] - For the first half of 2025, the company's revenue composition was entirely from rail transit equipment and its extended industries, accounting for 100.0% [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with a new "slow bull" market pattern emerging driven by technology [1]

Core Viewpoint - The company reported significant growth in revenue and net profit for the first three quarters of 2025, indicating strong operational performance and profitability [1] Financial Performance - The company achieved a revenue of 3.516 billion yuan, representing a year-on-year increase of 15.66% [1] - The net profit attributable to shareholders reached 493 million yuan, showing a year-on-year growth of 69.79% [1] - The non-recurring net profit was 525 million yuan, reflecting an increase of 84.52% year-on-year [1] - Basic earnings per share were reported at 0.63 yuan [1]

Group 1 - The core point of the article is that Jin Chuang Group reported significant growth in both revenue and net profit for the first three quarters of 2025, indicating strong financial performance [2] - The company achieved a total revenue of 3,515,983,449.52 yuan, representing a year-on-year increase of 15.66% [2] - The net profit attributable to shareholders of the listed company was 492,718,911.47 yuan, showing a substantial year-on-year growth of 69.79% [2]

Core Insights - The company reported a revenue of 3.516 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 15.66% [1] - The net profit attributable to shareholders reached 493 million yuan, showing a significant increase of 69.79% year-on-year [1] - The basic earnings per share (EPS) stood at 0.63 yuan [2] Financial Performance - The gross profit margin for the first three quarters was 30.75%, an increase of 4.01 percentage points year-on-year [2] - The net profit margin was 14.05%, up by 5.20 percentage points compared to the same period last year [2] - In Q3 2025, the gross profit margin was 33.89%, reflecting a year-on-year increase of 6.74 percentage points and a quarter-on-quarter increase of 4.33 percentage points [2] - The net profit margin for Q3 was 12.50%, which is an increase of 0.38 percentage points year-on-year but a decrease of 2.90 percentage points quarter-on-quarter [2] Cost Management - Total operating expenses for the period were 431 million yuan, a decrease of 112 million yuan year-on-year [2] - The expense ratio was 12.27%, down by 5.61 percentage points from the previous year [2] - Sales expenses decreased by 50.04% year-on-year, while management expenses fell by 10.25% [2] - Research and development expenses increased by 1.27%, and financial expenses decreased by 58.13% [2] Shareholder Dynamics - As of the end of Q3 2025, the total number of shareholders was 15,400, a decrease of 6,004 or 27.99% from the end of the previous half [2] - The average market value per shareholder increased from 417,600 yuan to 629,100 yuan, a growth of 50.65% [2] Company Overview - The company, located in Changzhou, Jiangsu Province, was established on March 26, 2003, and went public on February 27, 2018 [3] - Its main business involves the research, production, sales, and service of rail transit vehicle components, with 97.07% of revenue coming from product sales [3] - The company is classified under the machinery equipment sector, specifically in rail transit equipment [3]

证券代码：603680 证券简称：今创集团 公告编号：2025-040 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 今创集团股份有限公司（以下简称"公司"）第五次董事会第十三次会议于 2025 年 10 月 28 日以现场和通讯会议相结合的形式在公司 609 会议室召开。本 次会议已于会前以电子邮件、电话和文件直接送达等方式提前通知全体参会人员。 会议应出席董事人数 9 人，实际出席董事人数 9 人。会议由公司董事长俞金坤先 生主持，公司部分高级管理人员列席会议。会议的召开符合《中华人民共和国公 司法》和《公司章程》等有关规定，会议决议合法有效。 二、董事会会议审议情况 （一）审议通过《关于 2025 年第三季度报告的议案》 今创集团股份有限公司董事会 今创集团股份有限公司 第五次董事会第十三次会议决议公告 具体内容详见公司同日于上海证券交易所官方网站（http://www.sse.com.cn） 及公司指定媒体上披露的公司 2025 年第三季度报告。 表决结果：9 票赞成、0 票反对、0 票 ...

Financial Performance - The company's operating revenue for the third quarter was ¥1,004,458,980.82, a decrease of 6.86% compared to the same period last year[5] - The total profit for the period was ¥142,913,485.16, reflecting a slight increase of 0.39% year-on-year[5] - The net profit attributable to shareholders was ¥125,224,197.56, down 12.29% from the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥115,909,979.97, a decrease of 20.45% compared to the same period last year[5] - The basic earnings per share for the period were ¥0.16, a decrease of 12.29% year-on-year[6] - The diluted earnings per share were also ¥0.16, reflecting the same decrease of 12.29% compared to the previous year[6] - Total operating revenue for the first three quarters of 2025 reached CNY 3,515,983,449.52, an increase of 15.6% compared to CNY 3,040,006,176.78 in the same period of 2024[20] - Operating profit for the first three quarters of 2025 was CNY 568,506,723.71, up 83.7% from CNY 309,353,939.31 in the first three quarters of 2024[21] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was CNY 492,718,911.47, a 69.8% increase from CNY 290,188,812.02 in the same period of 2024[21] - The company reported a total comprehensive income of CNY 524,599,082.76 for the first three quarters of 2025, compared to CNY 260,298,402.61 in the same period of 2024, indicating a significant increase of 101%[21] - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY 0.63, up from CNY 0.37 in the same period of 2024[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,117,538,864.99, a decrease of 3.32% from the end of the previous year[6] - The company's total assets amounted to RMB 9,117,538,864.99, a decrease from RMB 9,430,859,486.08 on December 31, 2024, reflecting a decline of approximately 3.32%[15] - The company's total current liabilities were reported at RMB 2,579,000,000, reflecting a decrease from the previous period[16] - The company’s total liabilities decreased to RMB 5,000,000,000, indicating a positive trend in debt management[16] - Total liabilities decreased to CNY 3,498,235,279.38 in 2025 from CNY 4,101,039,353.13 in 2024, reflecting a reduction of approximately 14.7%[18] - Total equity attributable to shareholders of the parent company increased to CNY 5,598,735,702.34 in 2025, compared to CNY 5,310,658,494.05 in 2024, marking a growth of 5.4%[18] Cash Flow - The company reported a net cash flow from operating activities of ¥185,430,090.95 for the year-to-date period[5] - In the first three quarters of 2025, the cash inflow from operating activities was approximately $3.34 billion, an increase of 19.7% compared to $2.79 billion in the same period of 2024[23] - The net cash flow from operating activities for the first three quarters of 2025 was $185.43 million, a significant improvement from a net outflow of $242.99 million in the first three quarters of 2024[23] - The cash inflow from investment activities in the first three quarters of 2025 was $997.05 million, compared to $289.25 million in the same period of 2024, marking a 245.5% increase[24] - The net cash flow from investment activities for the first three quarters of 2025 was $448.81 million, a substantial rise from $22.48 million in the first three quarters of 2024[24] - The cash inflow from financing activities in the first three quarters of 2025 was $1.16 billion, a decrease from $1.64 billion in the same period of 2024[24] - The net cash flow from financing activities for the first three quarters of 2025 was a negative $610.62 million, contrasting with a positive $4.30 million in the first three quarters of 2024[24] - The total cash and cash equivalents at the end of the first three quarters of 2025 amounted to $357.17 million, up from $160.16 million at the end of the first three quarters of 2024[24] - The company reported a cash outflow of $1.77 billion from financing activities in the first three quarters of 2025, compared to $1.64 billion in the same period of 2024[24] - The cash outflow for operating activities in the first three quarters of 2025 was $3.15 billion, slightly higher than $3.03 billion in the same period of 2024[23] Investments and Expenses - Research and development expenses for the first three quarters of 2025 were CNY 144,263,721.86, slightly up from CNY 142,450,395.60 in the same period of 2024[20] - The company reported a significant increase in investment income, reaching CNY 66,064,743.46 in the first three quarters of 2025, compared to CNY 65,512,078.67 in the same period of 2024[20] - The total cost of operations for the first three quarters of 2025 was CNY 2,907,366,532.94, an increase from CNY 2,803,240,423.45 in the same period of 2024[20] Shareholder Information - The equity attributable to shareholders increased by 5.42% to ¥5,598,735,702.34 compared to the end of the previous year[6] - The company’s equity position remains strong, with significant control by major shareholders, including a combined ownership of 66.941% by key individuals[14] Accounting Standards - The company did not apply the new accounting standards starting from 2025[25]

Core Insights - The company reported a third-quarter revenue of 1.004 billion, a decrease of 6.86% compared to the previous quarter [1] - Net profit for the third quarter was 125 million, down 12.29% [1] - For the first three quarters, the company achieved a revenue of 3.516 billion, representing a year-on-year growth of 15.66% [1] - Net profit for the first three quarters was 493 million, showing a significant year-on-year increase of 69.79% [1]

Core Viewpoint - China Railway Transportation Co., Limited plans to reduce its stake in Jinchuan Group (603680.SH) by up to 23,511,562 shares, representing no more than 3% of the total shares, due to its operational needs [1][2]. Summary by Sections Shareholding and Reduction Plan - As of the announcement date, China Railway holds 152,706,271 shares in Jinchuan Group, accounting for 19.48% of the total share capital [1]. - The reduction will occur within three months starting 15 trading days after the announcement, utilizing both centralized bidding and block trading methods [1][2]. - The planned reduction includes up to 7,837,187 shares through centralized bidding (1% of total shares) and up to 15,674,375 shares through block trading (2% of total shares) [1][2]. Background Information - The shares to be reduced were acquired prior to the company's initial public offering (IPO) and have been tradable since February 27, 2019 [1][2]. - Jinchuan Group was listed on the Shanghai Stock Exchange on February 27, 2018, with an IPO price of 32.69 yuan per share [2][3]. - The company has previously announced dividend plans, including a 4-for-10 bonus share issue and a cash dividend of 3 yuan per share in July 2018, followed by a 3-for-10 bonus share issue and a cash dividend of 2 yuan per share in July 2019 [3].

Summary of Key Points Core Viewpoint - Multiple shareholders across various companies are planning to reduce their stakes, indicating potential shifts in ownership and market dynamics [1] Shareholder Reductions - Xiaoming Co., Ltd. shareholders Xiamen Chentu and its concerted parties plan to reduce their holdings by up to 2.97% [1] - Zhongdian Port shareholders Zhongdian Kunrun Fund and Zhongdian Development Fund intend to reduce their stakes by up to 1% [1] - Liao Ning Zhongde, Huzhou Yuntong, and Haitong Innovation, shareholders of Canxin Co., Ltd., plan to collectively reduce their holdings by no more than 324,790 shares [1] - Former controlling shareholder of Hangxin Technology, Liu Shaojian, plans to reduce his stake by up to 0.98% [1] - The actual controller of Jingda Co., Ltd., Li Guangrong, intends to reduce his holdings by no more than 3% [1] - Shareholders Wu Youcai and Guo Qinghui of Aonong Biological plan to collectively reduce their holdings by up to 894,000 shares [1] - Shareholders Shanghai Yundun and Shanghai Lanxiao of Action Education plan to collectively reduce their holdings by up to 2.3 million shares [1] - Shareholder Tong Yi Furong No. 16 of Yinlong Co., Ltd. plans to reduce their stake by up to 1.96% [1] - Donghua Software's director and general manager, Lv Bo, plans to reduce his holdings by no more than 1.519 million shares [1] Other Notable Events - Xin Sai Co., Ltd. announced that Xin Sai Trading has been declared bankrupt by the court [1] - Jinjia Co., Ltd. reported that 37.27 million shares held by Jinjia Chuangtou are subject to judicial auction [1]