长城科技公告，公司于2025年11月2日收到公司实际控制人顾林祥、沈宝珠的通知，实际控制人顾林祥 先生、沈宝珠女士正在筹划公司股份协议转让事宜，该事项可能导致公司控制权发生变更。本公司股票 将于2025年11月3日（星期一）开市起停牌，预计停牌时间不超过2个交易日。 ...

人民财讯11月3日电，长城科技（603897）11月3日早间公告，因公司实际控制人顾林祥、沈宝珠正在筹 划可能导致公司控制权发生变更的重大事项，公司股票将于11月3日(星期一)开市起停牌，预计停牌时 间不超过2个交易日。 ...

每经AI快讯，11月3日，长城科技（603897）公告，本公司股票将于2025年11月3日(星期一)开市起停 牌，预计停牌时间不超过2个交易日。 ...

南财智讯11月3日电，长城科技公告，因公司实际控制人顾林祥、沈宝珠正在筹划可能导致公司控制权 发生变更的重大事项，公司股票自2025年11月3日起停牌，预计停牌时间不超过2个交易日。鉴于该事项 存在重大不确定性，为保证公平信息披露，维护投资者利益，避免股价异常波动，公司已申请停牌。公 司将根据事项进展履行信息披露义务，待事项确定后及时发布相关公告并申请复牌。敬请广大投资者注 意投资风险。 ...

数据显示，鑫元基金旗下1只基金重仓长城科技。鑫元致远量化选股混合A（022115）二季度持有股数 2.38万股，占基金净值比例为0.98%，位居第六大重仓股。根据测算，今日浮盈赚取约3.09万元。 鑫元致远量化选股混合A（022115）成立日期2025年1月14日，最新规模2109.64万。成立以来收益 14.97%。 鑫元致远量化选股混合A（022115）基金经理为刘宇涛。 10月24日，长城科技涨5.09%，截至发稿，报26.83元/股，成交1.12亿元，换手率2.06%，总市值55.39亿 元。 资料显示，浙江长城电工科技股份有限公司位于浙江省湖州练市长城大道东1号，成立日期2007年8月16 日，上市日期2018年4月10日，公司主营业务涉及电磁线的研发、生产和销售。主营业务收入构成为： 电磁线97.89%，其他(补充)2.11%。 从基金十大重仓股角度 截至发稿，刘宇涛累计任职时间3年36天，现任基金资产总规模5.54亿元，任职期间最佳基金回报 32.44%， 任职期间最差基金回报-5.16%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评 ...

Core Insights - Longcheng Technology (603897) disclosed significant changes in its top ten shareholders as of September 30, 2025, with new entrants including Hong Kong Central Clearing Limited, Shengwei Asset, and Hangzhou GeDiao NvWang Technology Co., Ltd. (referred to as "GeDiao NvWang") [1][2] - GeDiao NvWang holds 380,400 shares, accounting for 0.18% of Longcheng Technology's total equity, with a market value of approximately 9.85 million yuan based on the closing price on October 20 [1] - GeDiao NvWang, established in November 2019 with a registered capital of 10 million yuan, operates in the apparel e-commerce sector and aims to become the largest revenue-generating company in China's women's clothing market [1][2] Market Performance - The A-share market showed strong performance in the third quarter, with major indices rising significantly: the Shanghai Composite Index increased by 15.84%, the Shenzhen Component Index by 29.88%, and the ChiNext Index by 51.20% [3] - As of September 30, 2025, the total market capitalization of A-shares reached 115.86 trillion yuan, an increase of 22.23 trillion yuan since the beginning of the year [3] Investor Activity - The number of new A-share accounts opened surged in September, with a total of 2.94 million new accounts, marking a year-on-year increase of 60.73% and a month-on-month increase of 10.83% [4] - Individual investors accounted for the majority of new accounts, with 2.93 million new individual accounts, while institutional investors added 10,900 new accounts, bringing the total institutional accounts to 76,000 [4] Company Performance - Longcheng Technology's stock price exhibited a volatile upward trend in the third quarter, with a cumulative increase of 7.80% and a maximum increase of 24.90% during the period [5] - For the first half of the year, the company reported revenue of 6.282 billion yuan, a slight decline of 0.56% year-on-year, while net profit increased by 18.86% to 137 million yuan [5] - In the third quarter, the company's net profit reached 77.64 million yuan, reflecting a year-on-year growth of 5.82% [5]

Core Insights - The company reported a total revenue of 9.443 billion yuan for Q3 2025, a decrease of 64.7986 million yuan or 0.68% compared to the same period last year [1] - The net profit attributable to shareholders was 215 million yuan, with a net cash inflow from operating activities of 982 million yuan [1] Financial Performance - The latest asset-liability ratio stands at 64.96%, an increase of 1.07 percentage points from the previous quarter and up 3.26 percentage points year-on-year [3] - The gross profit margin is reported at 4.20%, with a return on equity (ROE) of 8.94% [4] - The diluted earnings per share (EPS) is 0.38 yuan, a decrease of 0.53 yuan or 58.24% compared to the same period last year [5] - The total asset turnover ratio is 1.41 times, down 0.10 times or 6.56% year-on-year [5] - The inventory turnover ratio is 11.71 times, a decrease of 1.10 times or 8.56% compared to the same period last year [5] Shareholder Structure - The number of shareholders is 27,800, with the top ten shareholders holding 125 million shares, accounting for 60.53% of the total share capital [5] - The largest shareholder is Huzhou Great Wall Electronics Technology Co., Ltd. with a holding of 25.06% [5]

Core Points - The company guarantees the authenticity, accuracy, and completeness of the quarterly report, and assumes legal responsibility for any false records or misleading statements [2][3]. Financial Data - The financial statements for the third quarter are unaudited, covering the period from the beginning to the end of the quarter [3][7]. - The report includes major accounting data and financial indicators, with all figures presented in Renminbi [3][7]. Non-Recurring Gains and Losses - The company has identified non-recurring gains and losses, but specific amounts and reasons for classification are not detailed in the report [4]. Shareholder Information - Information regarding the total number of ordinary shareholders and the top ten shareholders is included, but specific details are not provided in the report [5]. Other Important Information - There are no additional reminders or important information regarding the company's operational situation during the reporting period [6].

Core Viewpoint - Great Wall Technology (603897.SH) reported a slight decline in revenue for Q3 2025, while net profit showed a positive growth trend [1] Financial Performance - The company's operating revenue for Q3 2025 was 3.16 billion yuan, representing a year-on-year decrease of 0.92% [1] - The net profit attributable to shareholders was 77.64 million yuan, reflecting a year-on-year increase of 5.82% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 75.90 million yuan, which is a year-on-year decrease of 1.86% [1]

Financial Performance - The company's operating revenue for the third quarter was ¥3,160,022,717.73, a decrease of 0.92% compared to the same period last year[4] - The total profit for the quarter was ¥103,386,732.37, reflecting a growth of 6.00% year-over-year[4] - The net profit attributable to shareholders was ¥77,635,766.81, which is an increase of 5.82% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥75,904,295.54, showing a decline of 1.86% year-over-year[4] - Total operating revenue for the first three quarters of 2025 was CNY 9,442,503,863.31, a slight decrease of 0.68% compared to CNY 9,507,302,460.12 in the same period of 2024[17] - Net profit for the first three quarters of 2025 reached CNY 214,927,854.11, an increase of 13.78% from CNY 188,871,550.28 in 2024[18] - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 1.04, up from CNY 0.91 in the same period of 2024[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,862,468,275.11, representing a 5.63% increase from the end of the previous year[5] - The equity attributable to shareholders decreased by 6.04% to ¥2,404,740,158.73 compared to the previous year[5] - Total current assets increased to ¥5,840,298,272.63 from ¥5,485,152,180.78 year-over-year[14] - Total liabilities increased to ¥4,457,728,116.38 from ¥3,937,695,429.05 year-over-year[15] - The total assets and equity of the company amounted to CNY 6,862,468,275.11, an increase from CNY 6,496,995,385.35 in the previous year[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥982,130,241.45[4] - Cash inflow from operating activities for the first three quarters of 2025 was CNY 10,659,581,559.15, compared to CNY 10,394,409,296.48 in 2024, reflecting a growth of 2.54%[20] - The net cash flow from operating activities was 982,130,241.45, a significant improvement from a negative cash flow of -249,552,406.75 in the previous period, indicating a recovery in operational performance[21] - The ending balance of cash and cash equivalents was 1,183,187,462.95, slightly down from 1,234,192,119.69 at the end of the previous period[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 27,802[11] - The largest shareholder, Huzhou Great Wall Electronics Technology Co., Ltd., holds 51,737,200 shares, accounting for 25.06% of total shares[11] Expenses and Costs - Total operating costs for the first three quarters of 2025 were CNY 9,179,160,512.64, down 1.03% from CNY 9,275,941,517.30 in 2024[17] - Research and development expenses for the first three quarters of 2025 were CNY 41,377,650.14, significantly reduced by 41.14% from CNY 70,102,078.55 in 2024[17] - Financial expenses decreased to CNY 10,680,582.53 in 2025 from CNY 31,529,728.58 in 2024, indicating a reduction of 66.14%[17] - Total cash outflows for employee compensation increased to 78,590,306.95 from 73,110,440.23, indicating rising labor costs[21] - Tax payments rose to 133,728,167.92 from 102,281,748.28, reflecting higher tax obligations[21] Non-Recurring Items - The company reported non-recurring gains of ¥1,731,471.27 for the year-to-date, with significant contributions from government subsidies[8] - The company reported a significant increase in credit impairment losses, amounting to CNY 25,108,710.95 in 2025 compared to CNY 370,580.18 in 2024[18] - Other income for the first three quarters of 2025 was CNY 9,961,162.92, down 63.06% from CNY 26,949,838.87 in 2024[18] Inventory and Receivables - The company's accounts receivable decreased to ¥2,628,471,446.20 from ¥3,105,978,733.16[13] - Inventory increased to ¥848,162,724.84 from ¥696,450,316.78[14] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect future financial reporting[23]