Core Insights - Furan De's stock price increased by 2.09% on November 3, reaching 14.64 CNY per share, with a total market capitalization of 7.215 billion CNY [1] - The company has seen a year-to-date stock price increase of 56.56%, but a decline of 19.74% over the past 20 days [1] Company Overview - Furan De Co., Ltd. was established on July 8, 2004, and went public on September 24, 2020, located in Baoshan District, Shanghai [2] - The company specializes in providing complete steel logistics supply chain services for mid-to-high-end automotive and home appliance industries, including procurement, processing, warehousing, and transportation [2] - The revenue composition is as follows: processing and distribution 57.14%, non-processing distribution 41.95%, and other services 0.91% [2] Financial Performance - For the period from January to September 2025, Furan De achieved a revenue of 8.230 billion CNY, representing a year-on-year growth of 5.00%, and a net profit attributable to shareholders of 243 million CNY, up 20.38% [2] - The company has distributed a total of 784 million CNY in dividends since its A-share listing, with 532 million CNY distributed over the past three years [3] Shareholder Information - As of September 30, 2025, Furan De had 13,200 shareholders, an increase of 29.51% from the previous period, with an average of 37,262 circulating shares per shareholder, a decrease of 22.79% [2] - Notable new institutional shareholders include Yongying Advanced Manufacturing Smart Selection Mixed Fund and Penghua Carbon Neutral Theme Mixed Fund [3]

Core Insights - Furan De (605050.SH) reported its Q3 2025 results on October 31, 2025, highlighting significant institutional investor interest in its A-shares [1] Institutional Holdings - As of October 30, 2025, seven institutional investors disclosed holdings in Furan De, totaling 199 million shares, which represents 40.47% of the company's total share capital [1] - The institutional holding percentage increased by 1.30 percentage points compared to the previous quarter [1] Public Fund Activity - Two new public funds disclosed holdings in the current period, including Yongying Advanced Manufacturing Select Mixed Fund and Penghua Carbon Neutral Theme Mixed Fund [1] - A total of 29 public funds were not disclosed in this period compared to the previous quarter, including notable funds such as the Fortune New Vitality Flexible Allocation Mixed Fund and the Shanghai Composite Index ETF [1]

Core Insights - Furan De is a leading steel logistics supply chain service provider in China, established in 2004 and listed on the Shanghai Stock Exchange in 2020, focusing on high-end automotive and home appliance industries [1] Group 1: Business Performance - In Q3 2025, Furan De reported revenue of 8.23 billion, ranking 8th in the industry, significantly lower than the top competitor Jianfa Group at 498.98 billion and second-place Wuchan Zhongda at 432.98 billion [2] - The company's net profit for the same period was 256 million, ranking 6th in the industry, again lower than Wuchan Zhongda's 4.51 billion and Xiamen Xiangyu's 2.11 billion [2] Group 2: Financial Ratios - As of Q3 2025, Furan De's debt-to-asset ratio was 50.26%, an increase from 48.83% year-on-year, but still below the industry average of 67.16% [3] - The gross profit margin for Q3 2025 was 5.76%, up from 4.73% year-on-year, and higher than the industry average of 5.58% [3] Group 3: Executive Compensation - Chairman Cui Jianhua's salary for 2024 was 1.1858 million, an increase of 18,000 from 2023, while General Manager Cui Jianbing's salary decreased to 1.0558 million, down 18,000 from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 29.51% to 13,200, while the average number of shares held per shareholder decreased by 22.79% to 37,300 [5] - New major shareholders include Yongying Advanced Manufacturing Mixed Fund and Penghua Carbon Neutral Theme Mixed Fund, holding 11.1937 million and 5.7216 million shares respectively [5]

Core Insights - The company reported a revenue of 3,015,184,279.94 yuan for the third quarter of 2025, reflecting a year-on-year growth of 10.12% [1] - The net profit attributable to shareholders of the listed company was 90,046,143.68 yuan, which represents a year-on-year increase of 6.30% [1] Financial Performance - Revenue for Q3 2025: 3,015.18 million yuan, up 10.12% year-on-year [1] - Net profit for Q3 2025: 90.05 million yuan, up 6.30% year-on-year [1]

Market Overview - The logistics sector experienced a decline of 0.21% on October 30, with Furan De leading the drop [1] - The Shanghai Composite Index closed at 3986.9, down 0.73%, while the Shenzhen Component Index closed at 13532.13, down 1.16% [1] Stock Performance - Notable gainers in the logistics sector included: - Pulutong (002769) with a closing price of 10.04, up 9.97% and a trading volume of 274,600 shares [1] - China Foreign Trade (601598) closed at 6.68, up 7.40% with a trading volume of 779,900 shares [1] - Yongtaiyun (001228) closed at 27.88, up 3.18% with a trading volume of 74,700 shares [1] - Major decliners included: - Furan De (605050) closed at 14.34, down 6.76% with a trading volume of 276,000 shares [2] - Longzhou Co. (002682) closed at 4.81, down 4.56% with a trading volume of 775,200 shares [2] - Guanghui Logistics (600603) closed at 7.86, down 3.91% with a trading volume of 263,900 shares [2] Capital Flow - The logistics sector saw a net outflow of 18.6 million yuan from institutional investors, while retail investors experienced a net outflow of 17.6 million yuan [2] - Conversely, speculative funds recorded a net inflow of 36.2 million yuan [2] Individual Stock Capital Flow - China Foreign Trade (601598) had a net inflow of 93.62 million yuan from institutional investors, while retail investors saw a net outflow of 80.52 million yuan [3] - Pulutong (002769) experienced a net inflow of 86.91 million yuan from institutional investors, with retail investors facing a net outflow of 54.94 million yuan [3] - Yongtaiyun (001228) had a net inflow of 14.84 million yuan from institutional investors, while retail investors saw a net outflow of 22.66 million yuan [3]

Core Viewpoint - Furan De (605050.SH) reported a year-on-year increase in revenue and net profit for Q3 2025, indicating positive financial performance [1] Financial Performance - The company's operating revenue reached 3.015 billion yuan, representing a year-on-year growth of 10.12% [1] - The net profit attributable to shareholders was 90.0461 million yuan, showing a year-on-year increase of 6.30% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 85.8541 million yuan, reflecting a year-on-year rise of 20.45% [1]

证券代码：605050 证券简称：福然德 公告编号：2025-047 福然德股份有限公司 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相应法律责任。 重要内容提示： http://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 14 日（星期五）至 11 月 20 日（星期四）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过福然德股份有限 公司（以下简称"公司"）邮箱 zqb@scmfriend.com 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。 公司已于 2025 年 10 月 31 日发布了《福然德股份有限公司 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 21 日(星期五)上午 10:00-11:00 举行 2025 年第三季度业绩暨现金分红说明会，就投资者关心的问题进行交流。 ...

福然德股份有限公司 第三届董事会第十九次会议决议公告 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相应法律责任。 一、董事会会议召开情况 福然德股份有限公司（以下简称"公司"）第三届董事会第十九次会议通知 于 2025 年 10 月 17 日以邮件及通讯方式送达全体董事。会议于 2025 年 10 月 30 日在公司会议室以现场结合通讯的方式召开。本次会议应出席董事 7 人，实际出 席董事 7 人。公司全体监事和高级管理人员列席了本次会议。本次会议由董事长 崔建华先生主持。本次会议符合《公司法》、《公司章程》和《董事会议事规则》 的有关规定，会议的召集、召开合法有效。 二、董事会会议审议情况 （一）审议通过《关于公司 2025 年第三季度报告的议案》 证券代码：605050 证券简称：福然德 公告编号：2025-046 表决结果：通过。 上述事项已经公司董事会审计委员会审议通过。 三、备查文件 1、《福然德股份有限公司第三届董事会第十九次会议决议》 特此公告。 福然德股份有限公司 董 事 会 2025 年 10 月 30 日 1 董事 ...

第三届董事会第十九次会议决议 一、董事会会议召开情况 福然德股份有限公司（以下简称"公司"）第三届董事会第十九次会议通知 于 2025 年 10 月 17 日以邮件及通讯方式送达全体董事。会议于 2025 年 10 月 30 日在公司会议室以现场结合通讯的方式召开。本次会议应出席董事 7 人，实际出 席董事 7 人。公司全体监事和高级管理人员列席了本次会议。本次会议由董事长 崔建华先生主持。本次会议符合《公司法》、《公司章程》和《董事会议事规则》 的有关规定，会议的召集、召开合法有效。 二、董事会会议审议情况 （一）审议通过《关于公司 2025 年第三季度报告的议案》 董事会经审议，同意公司《2025 年第三季度报告》的内容，详见公司于同 日刊登在上海证券交易所网站（www.sse.com.cn）及公司法定信息披露媒体披露 的《福然德股份有限公司 2025 年第三季度报告》。 表决情况：同意 7 票，反对 0 票，弃权 0 票。 表决结果：通过。 福然德股份有限公司 董 事 会 2025 年 10 月 30 日 1 (本页无正文，为 «福然德股份有限公司第三届董事会第十九次会议》之决议签字页) 董事签名: 崔 ...

Core Insights - The company reported a revenue of 8.23 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 5.00% [1] - The net profit attributable to shareholders reached 243 million yuan, showing a year-on-year increase of 20.38% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 237 million yuan, which represents a year-on-year growth of 29.26% [1]