Financial Performance - The company's operating revenue for the third quarter was ¥542,780,408.13, a decrease of 31.58% compared to the same period last year[4]. - The total profit for the quarter was ¥68,256,165.78, reflecting a decline of 21.44% year-over-year[4]. - Net profit attributable to shareholders was ¥56,391,367.78, down 19.69% from the previous year[4]. - The basic earnings per share for the quarter was ¥0.13, a decrease of 18.75% compared to the same period last year[5]. - Total operating revenue for the first three quarters of 2025 was CNY 1,982,915,893.11, a decrease of 23.4% compared to CNY 2,590,160,591.44 in the same period of 2024[19]. - Net profit for the first three quarters of 2025 was CNY 177,963,966.71, a decline of 11.1% compared to CNY 200,286,896.61 in 2024[20]. - Basic earnings per share for the first three quarters of 2025 were CNY 0.40, down from CNY 0.45 in 2024[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,516,802,883.27, an increase of 34.40% from the end of the previous year[5]. - The company's total assets increased to CNY 4,516,802,883.27 in 2025 from CNY 3,360,614,930.49 in 2024, representing a growth of 34.3%[16]. - Total liabilities rose to CNY 2,525,221,114.26 in 2025, up 65.7% from CNY 1,523,359,289.24 in 2024[16]. - The total equity attributable to shareholders increased by 8.40% to ¥1,991,581,769.01 compared to the end of the previous year[5]. - The company's total equity increased to CNY 1,991,581,769.01 in 2025, compared to CNY 1,837,255,641.25 in 2024, reflecting an increase of 8.4%[16]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥83,562,609.17, a significant decline of 204.14%[4][8]. - Cash inflow from operating activities for the first three quarters of 2025 was approximately $1.84 billion, a decrease of 18% compared to $2.25 billion in the same period of 2024[22]. - Net cash flow from operating activities was negative $83.56 million in 2025, contrasting with a positive $80.24 million in 2024[23]. - Cash inflow from investment activities totaled approximately $2.29 billion in 2025, significantly higher than $1.46 billion in 2024, marking a 56% increase[23]. - Net cash flow from investment activities was negative $1.01 billion in 2025, compared to a positive $3.10 million in 2024[24]. - Cash inflow from financing activities was approximately $1.24 billion in 2025, a substantial increase from $39.78 million in 2024[24]. - Net cash flow from financing activities was positive $1.03 billion in 2025, while it was negative $75.29 million in 2024[24]. - The total cash and cash equivalents at the end of Q3 2025 stood at approximately $752.61 million, compared to $511.08 million at the end of Q3 2024, reflecting a 47% increase[24]. Shareholder Information - The company has a total of 5,154,000 shares held in the repurchase account, accounting for 1.15% of the total share capital[12]. - The largest shareholder, Shanghai Libote Investment Co., Ltd., holds 40.85% of the shares, indicating a significant concentration of ownership[11]. - The company has not reported any changes in the lending or borrowing of shares among the top shareholders[13]. Government Support and Other Factors - The company received government subsidies amounting to ¥733,978.85 during the quarter, contributing positively to the financial results[6]. - The company attributed the revenue decline primarily to reduced project income and decreased workload during the reporting period[8].

Core Insights - The company reported third-quarter revenue of 543 million, a year-over-year decline of 31.58% [1] - Net profit for the third quarter was 56.39 million, down 19.69% year-over-year [1] - For the first three quarters, revenue totaled 1.983 billion, reflecting a year-over-year decrease of 23.44% [1] - Net profit for the first three quarters was 178 million, which is a decline of 11.15% year-over-year [1]

Market Overview - The professional engineering sector experienced a decline of 2.07% on October 17, with Libat leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Stock Performance - Notable gainers included: - Jinggong Steel Structure (600496) with a closing price of 4.24, up 3.92% on a trading volume of 1.6463 million shares and a turnover of 702 million yuan [1] - Haibo Heavy Industry (300517) closed at 11.50, up 1.14% with a trading volume of 90,300 shares and a turnover of 10.3 million yuan [1] - Major decliners included: - Libat (605167) with a closing price of 10.38, down 5.29% on a trading volume of 106,800 shares and a turnover of 113 million yuan [2] - Aiman Co. (605289) closed at 71.35, down 4.93% with a trading volume of 31,800 shares and a turnover of 230 million yuan [2] Capital Flow - The professional engineering sector saw a net outflow of 444 million yuan from institutional investors, while retail investors contributed a net inflow of 398 million yuan [2][3] - The capital flow for specific stocks showed: - Zhongcai International (600970) had a net inflow of 17.09 million yuan from institutional investors, while retail investors contributed a net inflow of 24.17 million yuan [3] - Beifang International (000065) recorded a net inflow of 16.92 million yuan from institutional investors, but a net outflow of 15.16 million yuan from retail investors [3]

Market Overview - The professional engineering sector experienced a decline of 1.61% on October 16, with Huadian Technology leading the drop [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] Stock Performance - Notable gainers in the professional engineering sector included: - China Aluminum International (601068) with a closing price of 5.26, up 1.35% [1] - Southeast Network Framework (002135) at 4.71, up 1.29% [1] - China National Materials International (600970) at 9.42, up 0.96% [1] - Significant decliners included: - Huadian Technology (601226) at 7.44, down 4.25% [2] - Zhongyan Dadi (003001) at 23.62, down 3.83% [2] - Jinggong Steel Structure (600496) at 4.08, down 3.32% [2] Capital Flow - The professional engineering sector saw a net outflow of 541 million yuan from institutional investors, while retail investors contributed a net inflow of 411 million yuan [2][3] - The capital flow for specific stocks indicated: - Roman Co. (605289) had a net inflow of 28.30 million yuan from institutional investors [3] - Jinggong Steel Structure (600496) saw a net inflow of 61.01 million yuan from retail investors [3] - ST Tianlong (300029) had a net inflow of 1.50 million yuan from retail investors [3]

Core Insights - The Shanghai Composite Index closed at 3931.07 points, above the six-month moving average, with a gain of 1.24% [1] - The total trading volume of A-shares reached 172.69 billion yuan, with 138 A-shares breaking through the six-month moving average [1] Summary of Key Stocks - The stocks with the largest deviation rates above the six-month moving average include: - Zhongya Co., Ltd. (300512) with a deviation rate of 14.85% and a daily increase of 19.97% [1] - Zhongzhou Special Materials (300963) with a deviation rate of 14.75% and a daily increase of 19.99% [1] - Guoguang Electric (688776) with a deviation rate of 7.63% and a daily increase of 20.00% [1] - Other notable stocks with smaller deviation rates include: - CNOOC Services (small deviation rate, just above the six-month line) [1] - Fengfan Co., Ltd. (small deviation rate, just above the six-month line) [1] - Haixiang Pharmaceutical (small deviation rate, just above the six-month line) [1] Trading Activity - The trading turnover rates for the top stocks with significant price movements were as follows: - Zhongya Co., Ltd. (7.56%) [1] - Zhongzhou Special Materials (25.39%) [1] - Guoguang Electric (6.51%) [1]

Core Points - The company has provided a guarantee of up to RMB 400 million for its wholly-owned subsidiary, Shanghai Libate Engineering Technology Co., Ltd., to support its operational and business development needs [2][4] - The board of directors approved the guarantee during meetings held on April 28, 2025, and May 20, 2025, as part of a broader plan to provide guarantees totaling up to RMB 3.2 billion for subsidiaries [2][4] - The company has a total external guarantee amount of RMB 3.3 billion, which represents 179.62% of its most recent audited net assets [4][5] Guarantee Details - The guarantee is structured as a joint liability guarantee with China Construction Bank, Shanghai Songjiang Branch, and is valid for three years from the signing of the main contract for each credit facility [3][4] - The company has confirmed that there are no overdue guarantees and that it does not provide guarantees for controlling shareholders or related parties [5] Rationale for Guarantee - The guarantee is deemed necessary and reasonable to ensure the smooth operation of the subsidiary, aligning with the company's overall business strategy and operational needs [4]

| 证券代码：605167 | 证券简称：利柏特 | 公告编号：2025-044 | | --- | --- | --- | | 债券代码：111023 | 债券简称：利柏转债 | | 江苏利柏特股份有限公司 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： | 对外担保逾期的累计金额（万元） | 0.00 | | --- | --- | | 截至本公告日上市公司及其控股子 | 330,000.00 | | 公司对外担保总额（万元） | | | 对外担保总额占上市公司最近一期 | 179.62 | | 经审计净资产的比例（%） | | | 特别风险提示 | 对外担保总额（含本次）超过上市公司最 | | | 近一期经审计净资产 100% | 一、担保情况概述 （一）担保的基本情况 为满足子公司经营和业务发展需求，保证子公司生产经营活动的顺利开展， 近日，江苏利柏特股份有限公司（以下简称"公司"）与中国建设银行股份有限 公司上海松江支行签署了《本金最高额保证合同》，为上海利柏特工程 ...

Core Viewpoint - Jiangsu Libat Co., Ltd. has signed a contract with China Construction Bank's Shanghai Songjiang Branch to provide a guarantee of up to 400 million yuan for its wholly-owned subsidiary, Shanghai Libat Engineering Technology Co., Ltd. [1] Summary by Relevant Sections Guarantee Details - The company has previously approved a total guarantee amount of up to 3.2 billion yuan for its subsidiary, with an additional guarantee of 2 billion yuan for Libat Engineering [1] - As of the announcement date, the total external guarantees provided by the company and its controlling subsidiaries amount to 3.3 billion yuan, which represents 179.62% of the most recent audited net assets [1] Risk Assessment - There are no overdue guarantees, and the guarantee is intended to meet the business needs of the subsidiary [1] - The creditworthiness of the guaranteed party is good, and the associated risks are considered controllable [1]

Core Insights - The State Council has announced a work plan to promote stable growth in the electric power equipment industry, specifically focusing on the approval and construction of coastal nuclear power projects [1] - Nuclear power concept stocks have seen an average price increase of 35.11% year-to-date, with some stocks doubling in value [1] - Shanghai Electric has recorded the highest price increase among nuclear power stocks, with a year-to-date rise of 147.62% [1] Company Performance - The following nuclear power concept stocks have been highlighted for their performance and social security fund holdings: - Shun'an Environment (盾安环境): Total market value of 13.638 billion, year-to-date increase of 18.41%, social security fund holding of 4.26% [2] - Jiuli Special Materials (久立特材): Total market value of 22.709 billion, year-to-date increase of 3.27%, social security fund holding of 3.35% [2] - Jiadian Co., Ltd. (佳电股份): Total market value of 8.236 billion, year-to-date increase of 6.02%, social security fund holding of 3.30% [2] - Western Superconducting Technologies (西部超导): Total market value of 39.357 billion, year-to-date increase of 43.40%, social security fund holding of 3.17% [2] - Other notable stocks include Libat (利柏特), Yongxing Materials (永兴材料), Jiangsu Shentong (江苏神通), and Western Materials (西部材料) with varying performance metrics [2]

证券日报网讯9月8日晚间，利柏特（605167）发布公告称，公司董事会于近日收到公司财务总监朱海军 先生的书面辞职报告，朱海军先生因个人原因申请辞去公司财务总监职务。辞职后，朱海军先生将不再 担任公司任何职务。 ...