Financial Performance - The company's operating revenue for Q3 2025 was ¥165,990,537.18, a decrease of 3.97% compared to the same period last year[3]. - The total profit for the period was ¥27,930,701.57, reflecting a decline of 12.30% year-over-year[3]. - The net profit attributable to shareholders was ¥24,234,650.47, down 15.37% from the previous year[3]. - The net profit after deducting non-recurring gains and losses was ¥16,159,090.02, a decrease of 23.21% compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2025 reached ¥464,543,460.05, an increase of 5.8% compared to ¥438,892,003.71 in the same period of 2024[19]. - Net profit for the first three quarters of 2025 was ¥68,687,291.74, compared to ¥65,035,625.83 in 2024, indicating a growth of 4.1%[20]. - The total comprehensive income for the first three quarters of 2025 reached ¥68,687,291.74, an increase from ¥65,035,625.83 in the same period of 2024, reflecting a growth of approximately 4.1%[21]. Research and Development - Research and development expenses totaled ¥8,703,214.02, representing 5.24% of operating revenue, an increase of 0.25 percentage points year-over-year[5]. - Research and development expenses for the first three quarters of 2025 were ¥25,786,604.41, up from ¥22,880,718.22 in 2024, marking an increase of 12.6%[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,665,521,681.11, an increase of 4.50% from the end of the previous year[5]. - The company's total assets amounted to ¥1,665,521,681.11, an increase from ¥1,593,739,572.55 in the previous year[18]. - Current liabilities totaled ¥719,111,309.45, slightly down from ¥728,724,301.21 in the previous year, showing a decrease of 1.4%[17]. - Non-current liabilities decreased to ¥2,000,497.56 from ¥3,669,051.16, a reduction of 45.5%[17]. - The total equity attributable to shareholders increased to ¥944,409,874.10 from ¥861,346,220.18, representing a growth of 9.6%[18]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 4,384[11]. - The largest shareholder, Shanghai Donglai Technology Co., Ltd., holds 53,352,000 shares, accounting for 44.28% of total shares[11]. - The second-largest shareholder, Zhu Zhongmin, holds 20,718,000 shares, representing 17.20% of total shares[11]. - The company has a total of 7,544,906 shares in the repurchase account, which is 6.26% of the total share capital[12]. - The company plans to reduce its repurchased shares by up to 1,204,788 shares, which is 1% of the total share capital[13]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥22,814,840.72[3]. - Cash inflows from operating activities totaled ¥428,254,670.48, compared to ¥389,988,821.57 in the previous year, representing an increase of about 9.8%[22]. - The net cash flow from operating activities was ¥22,814,840.72, a significant improvement from a net outflow of ¥35,853,932.25 in the same period last year[23]. - Cash inflows from investment activities were ¥340,903,165.91, down from ¥515,702,447.03 in the previous year, showing a decrease of approximately 34%[23]. - The net cash flow from investment activities was negative at -¥42,662,624.71, contrasting with a positive net flow of ¥33,125,157.13 in the previous year[23]. - Cash inflows from financing activities amounted to ¥605,066,939.14, slightly up from ¥589,389,037.16 in the previous year, indicating a growth of about 2.9%[23]. - The net cash flow from financing activities was ¥33,826,386.13, a turnaround from a net outflow of -¥31,827,305.11 in the same period last year[23]. - The ending cash and cash equivalents balance was ¥77,920,961.41, compared to ¥109,172,599.16 at the end of the previous year, reflecting a decrease of approximately 28.5%[23]. - As of September 30, 2025, cash and cash equivalents amount to ¥77,920,961.41, an increase from ¥63,942,359.27 at the end of 2024[15]. Earnings Per Share - The basic earnings per share for the period was ¥0.22, a decrease of 15.38% year-over-year[5]. - Basic and diluted earnings per share for the current period were both ¥0.62, up from ¥0.58 in the previous year, indicating a growth of 6.9%[21]. Financial Ratios - The weighted average return on equity was 2.73%, a decrease of 0.76 percentage points compared to the previous year[5]. - The company reported a financial income of ¥4,669,113.46, significantly higher than ¥1,983,272.08 in the previous year, reflecting a growth of 135.0%[19]. Other Information - The company has not reported any changes in the participation of major shareholders in the securities lending program[13]. - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the current year[24].

Core Insights - The company reported a third-quarter revenue of 166 million, a decrease of 3.97% compared to the previous quarter [1] - The net profit for the third quarter was 24.23 million, down 15.37% [1] - For the first three quarters, the company achieved a revenue of 465 million, reflecting a growth of 5.84% [1] - The net profit for the first three quarters was 68.69 million, which represents a growth of 5.61% [1]

Core Viewpoint - Donglai Technology's stock price has experienced fluctuations, with a current decline of 2.02% and a year-to-date increase of 30.69% [1] Company Overview - Donglai Technology Co., Ltd. was established on April 20, 2005, and went public on October 23, 2020. The company specializes in high-performance coating products based on advanced petrochemical new materials, including automotive repair coatings, interior and exterior coatings for new vehicles, and coatings for the 3C consumer electronics sector [1] - The revenue composition of the company's main business includes: 49.60% from new vehicle interior and exterior coatings, 42.24% from automotive repair coatings, 6.57% from consumables, 1.16% from 3C consumer electronics coatings, and 0.43% from other sources [1] Financial Performance - As of June 30, 2025, Donglai Technology achieved an operating income of 299 million yuan, representing a year-on-year growth of 12.22%. The net profit attributable to the parent company was 44.45 million yuan, with a year-on-year increase of 22.12% [2] - Since its A-share listing, Donglai Technology has distributed a total of 100 million yuan in dividends, with 47.31 million yuan distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders for Donglai Technology was 4,234, a decrease of 0.73% from the previous period. The average circulating shares per person increased by 0.73% to 28,455 shares [2] - Among the top ten circulating shareholders, Guoshou Anbao Growth Preferred Stock A (001521) is the ninth largest shareholder, holding 628,600 shares as a new shareholder [3]

Group 1 - High Energy Environment reported a net profit of 646 million yuan for the first three quarters, a year-on-year increase of 15.18% [1] - Tianzhun Technology received approval from the China Securities Regulatory Commission for issuing convertible bonds to unspecified objects [1] - Energy Conservation Wind Power achieved a cumulative power generation of 9.349 billion kWh, a year-on-year increase of 1.72% [1][2] Group 2 - Sichuan Road and Bridge's total amount of projects won in the first three quarters reached 97.173 billion yuan, a year-on-year increase of 25.16% [3] - Shaanxi Energy's power generation in the third quarter decreased by 1% year-on-year, while its coal sales increased by 136.98% [3][4] Group 3 - Jintuo Co. announced that four shareholders plan to reduce their holdings by up to 2.95% of the company's shares [5] - Tailin Microelectronics expects a net profit increase of 118% year-on-year for the first three quarters, with revenue of approximately 766 million yuan [6] - Asia-Pacific Co. anticipates a net profit of 310 million to 335 million yuan for the first three quarters, a year-on-year increase of 97.38% to 113.30% [8] Group 4 - He Sheng New Materials expects a net profit increase of 60% to 80% for the first three quarters, with a projected profit of 137 million to 154 million yuan [9] - Spring Airlines reported a passenger turnover of 4.835 billion person-kilometers in September, a year-on-year increase of 22.87% [10][11] Group 5 - Mingxin Xuteng received a notification from a leading new energy vehicle company for a project worth approximately 650 million yuan [12] - Acolyte's subsidiary received a government subsidy of 47.13 million yuan for fixed asset investment [13] Group 6 - Fangsheng Pharmaceutical's subsidiary received approval for clinical trials of a new drug for treating advanced prostate cancer [14] - Aofu Technology plans to sell idle factory assets for a total price of 23.852 million yuan [16] Group 7 - Ganyue Expressway reported a service income of 313 million yuan in September [18] - Dong'an Power secured five new market agreements in the third quarter, with a total projected sales volume of approximately 1 million units [20] Group 8 - Zhongmin Energy achieved a cumulative power generation of 1.922 billion kWh, a year-on-year increase of 1.25% [21] - Pan-Asia Micro-Pore's application for issuing shares to specific objects has been accepted by the Shanghai Stock Exchange [23] Group 9 - Shenghui Integration reported an order balance of 2.214 billion yuan as of September 30, a year-on-year increase of 21.21% [24] - Jineng Technology's vice president resigned for personal reasons [25] Group 10 - Ruixin Microelectronics expects a net profit increase of 116% to 127% for the first three quarters, with a projected profit of 760 million to 800 million yuan [33] - Shanghai Pharmaceuticals received FDA approval for a new drug application for doxycycline capsules [34] Group 11 - Ruima Precision's subsidiary received a project notification for air suspension systems from a domestic automaker, with a total sales forecast of approximately 265 million yuan [36] - Galaxy Magnetics anticipates some impact on its export business due to the Ministry of Commerce's announcement on export controls for certain rare earth items [37] Group 12 - Ba Tian Co. expects a net profit increase of 230.79% to 260.15% for the first three quarters, with a projected profit of 676 million to 736 million yuan [43] - Donglai Technology plans to reduce its repurchased shares by up to 1% of the total share capital [45] Group 13 - Guangkang Biochemical announced that shareholders plan to reduce their holdings by up to 2.68% of the company's shares [46] - Nanwang Energy reported a net profit increase of 37.13% for the first three quarters, with a total revenue of 5.32 billion yuan [48] Group 14 - Yahua Group expects a net profit increase of 106.97% to 132.84% for the first three quarters, with a projected profit of 320 million to 360 million yuan [49] - Hualitai's annual production project for 20,000 tons of benzidine has been successfully completed and is now in full production [51]

Group 1 - Galaxy Magnetics expects the Ministry of Commerce's export control decision on certain rare earth items to have a certain impact on its export business, with sales from samarium-cobalt magnets and hot-pressed neodymium-iron-boron magnets accounting for 9.47% of total sales in 2024 [4] - New Lai Materials' stock has seen a significant deviation from the growth of the ChiNext Index, indicating potential market overheating, although the company's fundamentals remain unchanged [5][6] - Longbai Group's subsidiary has filed a lawsuit for infringement of trade secrets, with the amount involved totaling 1.311 billion yuan [7] Group 2 - Chengdu Huamei has successfully launched its first zero-intermediate frequency RF transceiver chip, which is still in the early stages of market introduction and faces uncertainties in market demand [8] - Zhuhai Port has received approval from the China Securities Regulatory Commission to issue up to 1 billion yuan in technology innovation corporate bonds [9] - Yingjian Technology has warned investors about the risks of recent stock price increases, as its stock has deviated significantly from the market index [10] Group 3 - Xianda Co. expects a net profit increase of 2807.87% to 3211.74% year-on-year for the first three quarters, driven by significant price increases in its main product [13] - Shenghe Resources anticipates a net profit increase of 696.82% to 782.96% year-on-year for the first three quarters, supported by favorable market demand for rare earth products [14] - Xianggang Technology expects a net profit increase of 182% to 200% year-on-year for the first three quarters, attributed to ongoing market expansion efforts [15] Group 4 - Chongqing Steel is projected to incur a loss of 210 million to 230 million yuan for the first three quarters, an improvement from a loss of 1.35 billion yuan in the same period last year [22][25] - Yuanda Intelligent expects to turn a profit in the first three quarters, with a projected net profit of 33.84 million to 50.74 million yuan, compared to a loss in the previous year [23] - China Metallurgical Group reported a 14.7% year-on-year decline in new contract amounts for the first nine months, totaling 760.67 billion yuan [24][25]

Core Viewpoint - Donglai Technology (688129.SH) announced a plan to reduce its holdings by selling up to 1.2048 million repurchased shares, which represents 1% of the company's total share capital, within three months after the announcement [1] Summary by Category - **Company Actions** - The company plans to conduct the share reduction through centralized bidding transactions at market prices [1] - The reduction will take place within three months following the announcement, starting 15 trading days after the announcement date [1]

Core Viewpoint - Donglai Technology (688129.SH) announced a plan to reduce its holdings by selling up to 1.2048 million repurchased shares, which represents 1% of the company's total share capital, within three months after the announcement [1] Summary by Category - **Company Actions** - The company plans to conduct the share reduction through centralized bidding transactions at market prices [1] - The reduction will take place 15 trading days after the announcement [1] - **Shareholder Impact** - The planned reduction involves a total of 1.2048 million shares, which is equivalent to 1% of the existing total share capital [1]

Core Viewpoint - Donglai Technology (688129.SH) plans to reduce its repurchased shares by up to 1,204,788 shares, representing 1% of the total share capital, to supplement its working capital for daily operations [1] Group 1 - The company will execute the share reduction through centralized bidding within three months after the announcement, starting from 15 trading days post-disclosure [1] - The funds obtained from the share reduction will be used to enhance the company's liquidity for operational needs [1]

Group 1 - The company, Donglai Technology (688129.SH), announced a plan to reduce its repurchased shares by up to 1,204,788 shares, which represents 1% of the total share capital [1] - The reduction will occur through centralized bidding transactions within three months after the announcement, starting 15 trading days from the disclosure date [1] - The funds obtained from the share reduction will be used to supplement the company's working capital needs [1]

证券代码：688129 证券简称：东来技术 公告编号：2025-038 东来涂料技术（上海）股份有限公司 关于回购股份集中竞价减持股份计划公告 本公司董事会、全体董事及相关股东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、准确性和完整性依法承担法律 责任。 截至本公告披露日，公司回购专用证券账户持股 7,070,935 股。 减持计划的主要内容 1 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关 规定及公司《关于以集中竞价交易方式回购公司股份方案的回购报告书》（公告 编号：2024-007）（以下简称"《回购报告书》"），公司计划自本公告披露之日起 15 个交易日后的三个月内，通过集中竞价交易方式，按市场价格累计减持不超 过 1,204,788 股已回购股份，占公司总股本的 1%。若此期间公司有送股、资本公 积金转增股本等导致公司股本数量变动的情形，公司将对减持数量进行相应调整。 重要内容提示： 回购股份的基本情况 东来涂料技术（上海）股份有限公司（以下简称"公司"）于 2022 年 11 月 11 日至 2023 年 10 月 10 日期间累计回购公 ...