Core Viewpoint - The company, Qifan Cable, is focusing on the research and production of specialized materials for robotic cables, aiming to develop solutions that offer higher performance, longer lifespan, and better adaptability to complex working conditions [1] Group 1 - Qifan Cable will concentrate on core areas such as robotic cable materials in the future [1] - The company is committed to creating specialized material solutions for robotic cables [1] - The goal is to enhance the performance and longevity of these materials [1]

Group 1 - The core viewpoint is that the Pingtan Qifan submarine cable base is currently under construction, and the company is committed to advancing the project towards full production as soon as possible [2]

Core Insights - The Shanghai Municipal Market Supervision Administration conducted a quality supervision sampling of cross-linked polyethylene insulated wires and cables rated at 450/750V, with all four sampled products passing inspection [2][3]. Group 1: Quality Inspection Results - A total of four batches of products were sampled, including one batch from a local manufacturer and three batches sold online, all of which met the relevant standards [2]. - The sampled products originated from Shanghai and Guangdong provinces, with three batches produced in Shanghai and one batch from another province [2]. Group 2: Product Details - The inspected products included various specifications such as: - Heat-resistant 105℃ halogen-free low-smoke flame-retardant type B cross-linked polyethylene insulated cable [3]. - Copper core heat-resistant 125℃ halogen-free low-smoke flame-retardant cross-linked polyethylene insulated cable [3]. Group 3: Consumer Guidance - Consumers are advised to check product certificates and inspection reports, including model, specifications, rated voltage, production date, and technical parameters when purchasing [4]. - It is important to verify the inspection report provided by sellers, as electrical wires and cables are critical for safety [4]. - Consumers should inspect the insulation and sheath surfaces for uniform thickness and proper markings, as well as measure the length to ensure compliance with national standards [5].

Core Viewpoint - Qifan Cable is a leading cable manufacturer in Shanghai, with a strong focus on high-end specialty cables and a significant market presence in various sectors including ultra-high voltage and nuclear power [1][2]. Financial Performance - In Q3 2025, Qifan Cable achieved a revenue of 16.156 billion yuan, ranking 4th in the industry, significantly above the industry average of 5.823 billion yuan [2] - The net profit for the same period was 223 million yuan, placing the company 8th in the industry and exceeding the industry average net profit of 131 million yuan by 70% [2] Financial Ratios - As of Q3 2025, Qifan Cable's debt-to-asset ratio was 68.30%, higher than the previous year's 66.95% and above the industry average of 54.36% [3] - The gross profit margin was 6.14%, an increase from 5.60% year-on-year, but still below the industry average of 13.49% [3] Management Compensation - The chairman, Zhou Guihua, received a salary of 1.424 million yuan in 2024, a decrease of 187,400 yuan from 2023 [4] - The general manager, Zhou Gonghua, earned 1.5677 million yuan in 2024, down by 16,300 yuan from the previous year [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 11.80% to 15,500 [5] - The average number of circulating A-shares held per shareholder increased by 13.38% to 26,700 [5] Business Highlights - Qifan Cable's traditional land cable business is stable, with improving profitability, while the submarine cable business is expected to achieve technological breakthroughs [5] - The company has completed the R&D for its entire range of submarine cable products and has production capabilities at its Yichang base, with further expansion planned in Pingtan [5]

Core Insights - The company reported a total revenue of 16.156 billion yuan for Q3 2025, a decrease of 209 million yuan or 1.28% compared to the same period last year [1] - The net profit attributable to shareholders was 223 million yuan, with a negative cash flow from operating activities amounting to -1.178 billion yuan, ranking 84th among peers [1] Financial Performance - The latest asset-liability ratio stands at 68.30%, an increase of 1.25 percentage points from the previous quarter and 1.35 percentage points from the same period last year, ranking 80th among peers [3] - The gross profit margin is reported at 6.14%, ranking 83rd among peers, while the return on equity (ROE) is 4.61%, ranking 50th [3] - The diluted earnings per share are 0.54 yuan, with a total asset turnover ratio of 1.10 times, a decrease of 0.07 times or 6.19% year-on-year [4] Shareholder Structure - The number of shareholders is 15,500, with the top ten shareholders holding 316 million shares, accounting for 76.53% of the total share capital [4] - The largest shareholder is Zhou Yilai, holding 22.04%, followed by Zhou Guihua at 20.59% and Zhou Guixing at 15.50% [4]

Core Insights - The company reported a revenue of 5,990,900,271.20 yuan for the third quarter of 2025, representing a year-on-year decrease of 1.42% [1] - The net profit attributable to shareholders of the listed company was 59,876,101.65 yuan, showing a significant year-on-year increase of 158.82% [1] Financial Performance - Revenue for Q3 2025: 5,990,900,271.20 yuan, down 1.42% compared to the same period last year [1] - Net profit for Q3 2025: 59,876,101.65 yuan, up 158.82% year-on-year [1]

Core Insights - The company reported a revenue of 16.156 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 1.28% [1] - The net profit attributable to shareholders was 223 million yuan, showing a year-on-year increase of 6.3% [1] - The net profit excluding non-recurring items was 204 million yuan, reflecting a year-on-year growth of 2.27% [1] - The basic earnings per share stood at 0.54 yuan [1]

公司自成立以来始终专注于电线电缆的研发、生产与销售，其产品广泛应用 于电力、能源、交通、建筑、通信等多个国家重点建设领域，通过不断加大研发 投入、引进先进生产设备、优化生产工艺流程，在特种电缆、高压电缆、海底电 缆等高附加值产品领域取得突破性进展，形成了覆盖全品类、多场景的产品体系， 满足客户多样化、定制化的需求。 公司始终坚守实业初心，坚持"聚焦主业、做精做强"和"海陆并进"的发 展战略，持续提升产品品质与服务价值，走出了一条以主营业务为根基、以经营 质量为导向的高质量发展道路。为提升经营质量，公司持续推进精益生产管理模 式，全面优化从采购到物流的供应链管理，有效控制成本，提高资产周转效率， 并大力推行信息化、数字化建设，通过 ERP 等系统实现生产全流程的可视化与智 能化管控，确保产品质量稳定可靠、交货及时，显著提升了客户满意度和市场响 | 证券代码：605222 | 证券简称：起帆电缆 | 公告编号：2025-075 | | --- | --- | --- | | 债券代码：111000 | 债券简称：起帆转债 | | 应速度。坚持"质量为本"的原则，建立了完善的质量管理体系，严格执行国家 及行业标准， ...

| 证券代码：605222 | 证券简称：起帆电缆 | 公告编号：2025-076 | | --- | --- | --- | | 债券代码：111000 | 债券简称：起帆转债 | | 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、说明会类型 上海起帆电缆股份有限公司（以下简称"公司"）已于 2025 年 10 月 29 日 在上海证券交易所网站（www.sse.com.cn）披露了《2025 年第三季度报告》。 为加强与投资者的深入交流，使投资者更加全面、深入地了解公司情况，公司拟 以网络互动的方式召开 2025 年第三季度业绩说明会，欢迎广大投资者积极参与。 公司现就 2025 年第三季度业绩说明会提前向广大投资者征集相关问题，广泛听 取投资者的意见和建议。 二、说明会召开的时间、地点 1 会议召开时间：2025 年 10 月 31 日（星期五）10:00-11:00 会议召开地点：中国证券网（http://roadshow.cnstock.com/） 会议召开方式：网络互动 问题征集方式：投资者可 ...

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