证券代码：603950 证券简称：长源东谷 公告编号：2025-041 根据相关法律法规并结合公司实际情况，公司不再设置监事会，监事会的职权由 董事会审计委员会行使，公司《监事会议事规则》相应废止。公司现任监事会会 在股东大会审议通过《公司章程》及取消监事会事项前，仍严格按照法律、法规 及规范性文件的要求继续履行职能，维护公司及全体股东的合法利益。 2、统一修改《公司章程》中的相关表述。将"股东大会"修改为"股东会"， 删除"监事会"、"监事"相关表述等。 襄阳长源东谷实业股份有限公司 关于取消公司监事会并修订《公司章程》及修订、制 定部分制度的公告 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。 襄阳长源东谷实业股份有限公司（以下简称"公司"）于 2025 年 10 月 20 日召开第五届董事会第十一次会议，审议通过了《关于取消监事会并修订<公司 章程>的议案》和修订、制定相关制度的议案。现将有关情况公告如下： 一、关于取消监事会的情况 为全面贯彻落实最新法律法规要求，确保公司治理与监管规定保持同步，进 一步规范公司运作机制 ...

证券代码：603950 证券简称：长源东谷 公告编号：2025-042 襄阳长源东谷实业股份有限公司 关于新增日常关联交易预计的公告 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： 本次关联交易尚需提交襄阳长源东谷实业股份有限公司（以下简称"公 司"或"长源东谷"）股东大会审议。 本次新增关联交易主要是公司下属子公司襄阳长源朗弘科技有限公司 （以下简称"长源朗弘"）将自有车间厂房建筑物屋顶以及附属配套设施的屋顶 无偿出租给襄阳星源康豪新能源有限公司（以下简称"康豪新能源"），由其投 资建设分布式光伏电站，项目建成后长源朗弘以国家电网公布执行电价 90%的价 格优先向其采购电站所发电力，以达到降低企业能耗指标、降低用电成本、节能 减排、改善环境的目的。项目节能效益分享期为 25 年，项目全周期内预计发生 关联交易金额为 19,250 万元。 本次关联交易对公司的影响：本次关联交易预计是为了满足日常生产经 营的需要，交易定价公允合理，不存在损害公司及中小股东利益的情形。关联交 易不会影响公司的独立性，也不会对公司当 ...

证券代码：603950 证券简称：长源东谷 公告编号：2025-040 襄阳长源东谷实业股份有限公司 关于召开2025年第二次临时股东大会的通知 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、 召开会议的基本情况 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 11 月 6 日 14 点 00 分 召开地点：襄阳市襄州区钻石大道 396 号长源东谷 1 号会议室 股东大会召开日期：2025年11月6日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (一)股东大会类型和届次 2025年第二次临时股东大会 (二)股东大会召集人：董事会 (三)投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的 方式 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 11 月 6 日 至2025 年 11 月 6 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥612,458,667.05, representing a year-on-year increase of 23.84%[4] - Total profit for the quarter was ¥119,163,499.49, an increase of 89.25% compared to the same period last year[4] - Net profit attributable to shareholders was ¥110,041,609.45, reflecting an 84.08% increase year-on-year[4] - The basic earnings per share for the quarter was ¥0.34, up 84.12% from the previous year[5] - The company reported a total profit for the year-to-date of ¥308,847,161.74, which is an 84.12% increase compared to the same period last year[4] - The net profit attributable to shareholders for the year-to-date was ¥274,025,947.34, reflecting a 76.71% increase year-on-year[4] - Net profit for the first three quarters of 2025 was ¥274,280,216.83, representing a 77.4% increase compared to ¥154,575,183.93 in 2024[19] - Earnings per share for the first three quarters of 2025 was ¥0.85, compared to ¥0.48 in the same period of 2024[20] Assets and Liabilities - The total assets of the company increased to ¥5,780,022,974.77, marking a 13.70% growth compared to the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥2,509,334,511.46, an increase from ¥2,177,950,070.47 as of December 31, 2024[14] - Total non-current assets as of September 30, 2025, are ¥3,270,688,463.31, up from ¥2,905,486,519.63[15] - Total current liabilities increased to ¥2,024,017,212.09 from ¥1,505,098,110.29[15] - Total liabilities increased to ¥2,857,169,135.19 in 2025 from ¥2,373,488,319.67 in 2024, reflecting a growth of 20.3%[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,217[11] - The largest shareholder, Li Zuoyuan, holds 131,984,199 shares, representing 40.72% of total shares[11] Cash Flow - The company experienced a decrease in cash flow from operating activities, with a net amount of ¥280,649,866.37, down 15.98% year-on-year[5] - Net cash flow from operating activities amounted to $280.65 million, a decrease of 16% compared to $334.01 million in the previous period[23] - Total cash inflow from investment activities was $245.99 million, significantly up from $52.54 million in the prior period[23] - Cash outflow for investment activities reached $727.77 million, compared to $314.47 million previously, resulting in a net cash flow of -$481.78 million[23] - Cash inflow from financing activities totaled $926.94 million, an increase from $279.50 million in the last period[24] - Cash outflow for financing activities was $656.73 million, up from $132.85 million previously, leading to a net cash flow of $270.21 million[24] - The ending balance of cash and cash equivalents was $309.38 million, down from $408.12 million in the previous period[24] - The company reported a net increase in cash and cash equivalents of $69.08 million, down from $218.74 million in the last period[24] Expenses - Total operating costs for the first three quarters of 2025 were ¥1,369,694,781.01, up 21.0% from ¥1,132,898,209.95 in 2024[19] - Research and development expenses for the first three quarters of 2025 were ¥86,831,121.22, a 20.5% increase from ¥72,099,391.76 in 2024[19] - The company reported a financial expense of -¥5,272,134.02 in 2025, a significant improvement compared to ¥13,456,947.31 in 2024[19] Tax and Accounting - Deferred income tax liabilities decreased to ¥1,716,820.15 in 2025 from ¥39,615.61 in 2024, indicating a reduction in tax obligations[16] - The company will not apply new accounting standards starting from 2025[25]

长源东谷公告，第三季度营收为6.12亿元，同比增长23.84%；净利润为1.1亿元，同比增长84.08%。前 三季度营收为16.48亿元，同比增长29.75%；净利润为2.74亿元，同比增长76.71%。 ...

Core Insights - Changyuan Donggu experienced a decline of 5.05% on October 17, with a stock price of 35.16 CNY per share and a trading volume of 173 million CNY, resulting in a total market capitalization of 11.396 billion CNY [1] Company Overview - Changyuan Donggu Industrial Co., Ltd. is located in Xiangyang, Hubei Province, and was established on December 19, 2001, with its listing date on May 26, 2020 [1] - The company's main business involves the research, production, and sales of diesel engine components, with revenue composition as follows: cylinder blocks 55.32%, cylinder heads 34.97%, connecting rods 5.61%, others (supplementary) 2.11%, and other products 1.98% [1] Fund Holdings - Huabao Fund has a significant holding in Changyuan Donggu, specifically in the Huabao Innovation Selected Mixed Fund (000601), which held 694,400 shares in the second quarter, accounting for 2.55% of the fund's net value, ranking it as the sixth-largest holding [2] - The Huabao Innovation Selected Mixed Fund was established on May 14, 2014, with a current size of 681 million CNY and has achieved a year-to-date return of 50.64%, ranking 788 out of 8160 in its category [2] - The fund manager, Zhang Jintao, has a tenure of 9 years and 360 days, with the fund's total assets amounting to 1.202 billion CNY and a best return of 62.24% during his management period [2]

Core Viewpoint - Changyuan Donggu experienced a stock price decline of 2.01% on October 16, 2023, with a current price of 37.04 CNY per share and a total market capitalization of 12.006 billion CNY [1] Financial Performance - For the first half of 2025, Changyuan Donggu reported a revenue of 1.035 billion CNY, representing a year-on-year growth of 33.52%, and a net profit attributable to shareholders of 164 million CNY, reflecting a 72.07% increase compared to the previous year [2] - Since its A-share listing, the company has distributed a total of 448 million CNY in dividends, with 69.796 million CNY distributed over the past three years [3] Shareholder Structure - As of June 30, 2025, the number of shareholders for Changyuan Donggu decreased by 7.97% to 11,000, while the average number of tradable shares per person increased by 8.49% to 29,440 shares [2] - The top ten circulating shareholders include several new entrants, such as Huazhong Innovation Mixed Fund and Huazhong Dynamic Flexible Allocation Mixed Fund, while some previous shareholders have reduced their holdings [3] Stock Market Activity - The stock has seen a significant increase of 112.93% year-to-date, with a 2.86% rise over the last five trading days and a 43.51% increase over the past 60 days [1] - The company has appeared on the stock market's "Dragon and Tiger List" once this year, with the last occurrence on February 21 [1] Business Overview - Changyuan Donggu, established on December 19, 2001, specializes in the research, production, and sales of diesel engine components, with its main revenue sources being cylinder blocks (55.32%), cylinder heads (34.97%), and connecting rods (5.61%) [1] - The company operates within the automotive industry, specifically in the automotive parts sector, and is associated with concepts such as BYD, National VI standards, and new energy vehicles [1]

Core Insights - As of October 10, a total of 92 stocks in the Shanghai and Shenzhen markets have experienced net buying from major funds for five consecutive days or more [1] - The stocks with the longest streak of net buying are Kangwei Century and Fucheng Co., both of which have seen net buying for 12 consecutive trading days [1] - Other notable stocks with significant net buying days include Shenzhen New Star, Daming City, Darui Electronics, Xiangyuan Cultural Tourism, Changyuan Donggu, Hangzhou Kelin, Hengtong Optic-Electric, and Wujin Stainless Steel [1]

Core Viewpoint - The company held a half-year performance briefing on October 10, 2025, to provide investors with insights into its performance and address common concerns [1][3]. Group 1: Performance Briefing Details - The performance briefing was conducted online from 16:00 to 17:00, featuring participation from the company's board members and executives [3]. - The company announced that the 2025 stock incentive plan has been approved and is currently being implemented [4]. Group 2: Key Investor Questions and Responses - The company explained that the profit growth outpaced revenue growth in the first half of the year due to factors such as fixed cost dilution from increased sales volume, changes in sales structure, and effective cost control [4]. - The joint ventures with Guangxi Jinchuan Automotive Parts Manufacturing Co., Ltd. are controlled by the partner, with the company holding a 49% stake, meaning the revenue from these ventures is not included in the consolidated financial statements but accounted for under investment income [4]. - The company has expanded its customer base in both commercial and passenger vehicle markets, enhancing production scale and profitability through various cost-reduction strategies [4]. - The current annual production capacity for diesel/natural gas engine cylinder blocks and heads is approximately 700,000 sets, while the capacity for new energy hybrid engine components is around 2 million sets [4]. - The company maintains a flexible production system that allows for quick adjustments based on market demand and customer needs [4]. Group 3: Customer Base and Market Impact - The company has a diverse customer base, including major clients such as Foton Cummins, Dongfeng Cummins, and BYD, which mitigates the impact of sales fluctuations from any single customer [5]. - The company encourages investors to monitor its regular reports for updates on annual shipment volumes [5].

证券代码：603950 证券简称：长源东谷 公告编号：2025-036 襄阳长源东谷实业股份有限公司 关于 2025 年半年度业绩说明会召开情况的公告 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。 为使广大投资者更加全面、深入地了解襄阳长源东谷实业股份有限公司（以 下简称"公司"）2025 年半年度业绩情况，公司根据上海证券交易所的有关规 定，于 2025 年 10 月 10 日 16:00-17:00 在上海证券交易所上证路演中心平台（网 址：http://roadshow.sseinfo.com/）以网络互动方式召开了公司 2025 年半年 度业绩说明会。关于本次说明会的召开情况，公司已于 2025 年 9 月 26 日在上海 证券交易所网站和指定媒体上披露了《襄阳长源东谷实业股份有限公司关于召开 2025 年半年度业绩说明会的公告》（公告编号：2025-035）。 现将有关情况公告如下。 一、业绩说明会召开情况 2025 年 10 月 10 日下午 16:00-17:00，公司董事、总经理李从容女士，独立 董事付永领先 ...