证券代码：603966 证券简称：法兰泰克 公告编号：2025-065 法兰泰克重工股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 11 月 04 日 （星期二） 至 11 月 10 日 （星 期一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目 或通过公司邮箱 fltk@eurocrane.com.cn 进行提问。公司将在说明会 上对投资者普遍关注的问题进行回答。 法兰泰克重工股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日发布公司 2025 年第三季度报告，为便于广大投资者更全 面深入地了解公司 2025 年第三季度经营成果、财务状况，公司计划 于 2025 年 11 月 11 日 （星期二） 09:00-10:00 举行 2025 年第三季 度业绩说明会，就投资者关心的问题进行交流。 一 ...

Core Insights - The company reported a third-quarter revenue of 678 million yuan, representing a year-on-year growth of 10.96% [1] - The net profit for the third quarter was 48.84 million yuan, showing a year-on-year increase of 33.72% [1] - For the first three quarters of 2025, the company achieved a total revenue of 1.86 billion yuan, which is a 31.26% increase compared to the same period last year [1] - The net profit for the first three quarters reached 171 million yuan, reflecting a year-on-year growth of 38.87% [1] - The company's main business revenue continued to grow, supported by improved risk management and a reduction in credit impairment [1]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥677,630,487.80, representing a year-on-year increase of 10.96%[4] - The total profit for the period was ¥73,407,032.99, reflecting a significant growth of 50.47% compared to the same quarter last year[4] - Net profit attributable to shareholders was ¥48,844,314.59, up by 33.72% year-on-year[4] - The net profit after deducting non-recurring gains and losses for the quarter was ¥44,021,373.60, an increase of 37.09%[4] - The basic earnings per share for the quarter was ¥0.1321, a rise of 30.28% compared to the same period last year[4] - The diluted earnings per share for the quarter was ¥0.1313, reflecting a 31.96% increase year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached ¥1,859,776,663.04, a 31.1% increase from ¥1,416,909,396.59 in the same period of 2024[21] - Operating profit for the first three quarters of 2025 was ¥223,234,075.33, up 48.2% from ¥150,691,346.32 in 2024[22] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was ¥170,956,556.31, an increase of 38.9% compared to ¥123,105,013.12 in 2024[22] - Earnings per share for the first three quarters of 2025 were ¥0.4571, compared to ¥0.3419 in the same period of 2024, reflecting a 33.8% increase[23] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,365,821,180.38, marking a 16.26% increase from the previous year[5] - Total assets increased to RMB 4,365,821,180.38 as of September 30, 2025, compared to RMB 3,755,175,238.97 at the end of 2024, reflecting a growth of approximately 16.2%[17] - Current assets rose to RMB 2,798,284,694.87, up from RMB 2,291,396,934.14, indicating an increase of about 22.1%[17] - Total liabilities increased to RMB 4,365,821,180.38, with current liabilities at RMB 2,118,410,850.87, up from RMB 1,625,006,636.56, reflecting a growth of approximately 30.4%[18] - Total liabilities as of the reporting date were ¥2,331,868,320.82, compared to ¥2,123,625,075.71 in the previous year, indicating an increase of 9.8%[19] - Total equity attributable to shareholders of the parent company increased to ¥2,017,826,217.96 from ¥1,618,606,732.31, representing a growth of 24.7%[19] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥404,010,728.75, showing a substantial increase of 143.84%[11] - Cash received from sales of goods and services in the first three quarters of 2025 was ¥2,104,923,739.68, a 29.7% increase from ¥1,621,271,946.41 in 2024[24] - Operating cash inflow totaled ¥2,166,622,019.46, an increase from ¥1,677,169,246.12, representing a growth of approximately 29.1% year-over-year[25] - Cash received from investment recoveries was ¥2,111,972,708.04, significantly higher than ¥635,378,016.36 in the previous period[25] - Total cash outflow for investment activities reached ¥2,302,579,284.68, compared to ¥696,470,752.86 previously, indicating a substantial increase[25] - Cash paid for purchasing goods and services was ¥1,241,731,446.12, up from ¥1,050,537,671.56, marking an increase of approximately 18.2%[25] Shareholder Information - The top 10 shareholders collectively hold 35.87% of the company’s shares, with the largest shareholder, Tao Fenghua, owning 12.63%[14] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥93,814,589.90, up 20.5% from ¥77,837,373.25 in 2024, indicating a focus on innovation[22] Other Financial Metrics - The return on equity (ROE) for the quarter was 2.80%, an increase of 0.38 percentage points compared to the end of the previous year[5] - Other comprehensive income after tax for the first three quarters of 2025 was ¥25,384,211.57, compared to a loss of ¥1,445,452.16 in 2024, showing a significant recovery[23] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect the financial statements[27]

Core Insights - The company reported third-quarter revenue of 678 million, representing a year-on-year growth of 10.96% [1] - The net profit for the third quarter was 48.84 million, showing a year-on-year increase of 33.72% [1] - For the first three quarters, the total revenue reached 1.86 billion, reflecting a year-on-year growth of 31.26% [1] - The net profit for the first three quarters amounted to 171 million, with a year-on-year increase of 38.87% [1]

Core Points - The company has provided a guarantee of up to 50 million yuan for its wholly-owned subsidiary, Novei Hoisting Equipment (Suzhou) Co., Ltd., to support its credit business with CITIC Bank Suzhou Branch, which is a renewal of a previous guarantee [1][2] - The board of directors has approved a total guarantee limit of up to 1.42 billion yuan for its subsidiaries, indicating a strategic move to support business operations [2][5] Guarantee Details - The guarantee amount is capped at 50 million yuan, covering the principal debt, interest, and other fees incurred from October 23, 2025, to October 23, 2028 [2][4] - The guarantee is structured as a joint liability guarantee, with a term of three years from the maturity of the principal debt [4] Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to support the operational needs of Novei Suzhou, which has a stable operating condition and manageable risk [5] - The board has assessed the subsidiary's ability to repay its debts, concluding that the guarantee will not affect the company's ongoing operations or harm the interests of shareholders, particularly minority shareholders [5] Cumulative Guarantee Situation - As of the announcement date, the total amount of external guarantees provided by the company and its subsidiaries is 522.3763 million yuan, accounting for 32.27% of the audited net assets for 2024 [5] - The guarantees provided to subsidiaries total 462.3763 million yuan, representing 28.57% of the audited net assets for 2024 [5]

Core Viewpoint - The company, Farantak, announced that it has not provided guarantees to its controlling shareholders, actual controllers, or their affiliates, and there have been no overdue guarantee situations reported [2] Summary by Categories - **Company Guarantees** - Farantak has confirmed that it has not provided any guarantees to its controlling shareholders and actual controllers [2] - The company also stated that there have been no overdue guarantee situations [2]

证券代码：603966 证券简称：法兰泰克 公告编号：2025-063 法兰泰克重工股份有限公司 关于为全资子公司提供担保的进展公告 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： 担保对象及基本情况 | | | 被担保人名称 本次担保金额 | 5,000.00 | 诺威起重设备（苏州）有限公司 万元 | | | --- | --- | --- | --- | --- | --- | | 担 象 | 保 对 | | | | | | | | 实际为其提供的担保余额 | 16,600.00 | 万元 | | | | | 是否在前期预计额度内 | 是 | □否 | □不适用：_________ | | | | 本次担保是否有反担保 | □是 | 否 | □不适用：_________ | 累计担保情况 | 对外担保逾期的累计金额（万元） | 0 | | --- | --- | | 截至本公告日上市公司及其控股子公司对 | 52,237.63 | | 外担保总额（万元） | | | 对外担保总额占上市公司最近一期经审 ...

Core Viewpoint - The stock of Falan Tech has shown significant performance with a year-to-date increase of 55.67%, despite a slight decline of 0.34% in the last five trading days [1] Group 1: Stock Performance - As of October 21, Falan Tech's stock price rose by 2.01% to 11.66 CNY per share, with a total market capitalization of 4.649 billion CNY [1] - The trading volume reached 70.4245 million CNY, with a turnover rate of 1.53% [1] - The stock has experienced a 5.81% increase over the past 20 days and a 9.69% increase over the past 60 days [1] Group 2: Financial Performance - For the first half of 2025, Falan Tech reported a revenue of 1.182 billion CNY, marking a year-on-year growth of 46.63%, and a net profit attributable to shareholders of 122 million CNY, up 41.05% year-on-year [2] - The company has distributed a total of 449 million CNY in dividends since its A-share listing, with 252 million CNY distributed in the last three years [2] Group 3: Shareholder and Institutional Holdings - As of August 29, the number of Falan Tech's shareholders increased to 38,600, a rise of 116.21%, while the average circulating shares per person decreased by 53.75% to 10,297 shares [2] - New institutional shareholders include Hua'an Ankang Flexible Allocation Mixed A, holding 2.3829 million shares, and Huaxia Double Bonds Bond A, holding 2.1285 million shares [2]

Investment Rating - The report maintains a "Recommended" rating for the mechanical industry, highlighting opportunities for valuation improvement [1]. Core Views - The report emphasizes the positive performance forecast for leading detection companies, particularly focusing on operational improvements and the potential for valuation enhancement [6]. - The detection industry is experiencing a favorable trend, with a reduction in the number of institutions and an increase in demand driven by new industries such as low-altitude economy and commercial aerospace [6]. - The report suggests that the machinery industry is poised for a new recovery cycle, supported by monetary and fiscal policies aimed at boosting domestic demand [6]. Summary by Sections Key Company Earnings Forecasts, Valuation, and Investment Ratings - Companies such as 汇川技术, 法兰泰克, and 信捷电气 are rated as "Strong Buy" with projected EPS growth from 2.11 to 3.01, 0.60 to 0.94, and 1.83 to 2.78 respectively from 2025E to 2027E [2]. - The report lists several companies with strong growth potential, including 华测检测, 广电计量, and 苏试试验, which are expected to benefit from the improving performance of the detection industry [6]. Industry and Company Investment Insights - The detection segment is crucial in the semiconductor industry, with significant growth expected in third-party testing services, projected to reach $21.02 billion by 2031 [31][32]. - The report highlights the increasing demand for electric forklifts and smart logistics solutions, particularly from 中力股份, which is positioned to benefit from the industry's shift towards electrification and automation [30][28]. Key Data Tracking - The mechanical industry has shown a decline of 5.2% in the recent week, with specific sub-sectors like engineering machinery showing resilience [10][11]. - The report notes that the total market capitalization of the mechanical industry is approximately 60,438.76 billion yuan, indicating a significant presence in the overall market [3].

Core Viewpoint - The stock of Falan Tech increased by 5.06% to 11.42 CNY per share, with a total market capitalization of 4.553 billion CNY as of October 9 [1] Company Overview - Falan Tech Heavy Industry Co., Ltd. is located in Wujiang, Jiangsu Province, established on June 19, 2007, and listed on January 25, 2017 [1] - The company primarily engages in the research, manufacturing, and sales of mid-to-high-end bridges, gantry cranes, electric hoists, and engineering machinery components [1] - The revenue composition is as follows: material handling equipment and services 93.72%, engineering machinery and components 6.09%, and others 0.19% [1] Shareholder Information - Huashan Fund's Huashan Ankang Flexible Allocation Mixed A (002363) entered the top ten circulating shareholders of Falan Tech in the second quarter, holding 2.3829 million shares, representing 0.6% of circulating shares [2] - The estimated floating profit for this fund today is approximately 1.3106 million CNY [2] - The fund was established on February 1, 2016, with a latest scale of 1.988 billion CNY, and has a year-to-date return of 6.41% [2] Fund Manager Performance - The fund manager of Huashan Ankang Flexible Allocation Mixed A is Shi Yuxin, who has a tenure of 10 years and 88 days, with a total asset scale of 3.971 billion CNY and a best return of 97.63% during the tenure [3] - Another fund manager, Lu Ben, has a tenure of 7 years and 17 days, managing assets of 5.063 billion CNY, with a best return of 150.37% [3] Fund Holdings - Huashan Fund's Huashan Tianrui 6-Month Mixed A (009400) holds 265,600 shares of Falan Tech, making it the sixth-largest holding in the fund, accounting for 1.09% of the fund's net value [4] - The estimated floating profit for this fund today is approximately 146,100 CNY [4] - The fund was established on June 22, 2020, with a latest scale of 186 million CNY, and has a year-to-date return of 7.48% [4]