证券代码：688191 证券简称：智洋创新 公告编号：2025-051 智洋创新科技股份有限公司 第四届董事会第十六次会议决议公告 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个别及连带责任。 一、董事会会议召开情况 1、智洋创新科技股份有限公司（以下简称"公司"）第四届董事会第十六次 会议，已于 2025 年 10 月 24 日以书面、邮件等方式向全体董事发出会议通知。 经与会董事投票表决，审议通过了如下议案： 1．审议通过《关于<公司 2025 年第三季度报告>的议案》。 公司 2025 年第三季度报告的编制程序符合法律、行政法规和中国证监会的 规定，报告内容真实、准确、完整地反映了公司 2025 年第三季度的实际情况， 不存在虚假记载、误导性陈述或重大遗漏。经董事会会议审议，全体董事一致同 意该事项。 该事项已经公司第四届董事会审计委员会 2025 年第四次会议审议通过。具 体内容详见公司同日于上海证券交易所网站（www.sse.com.cn）披露的《2025 年第三季度报告》。 表决结果：9 票同意，0 票反对，0 票弃权。 ...

证券代码：688191 证券简称：智洋创新 公告编号：2025-052 智洋创新科技股份有限公司 关于公司2025年前三季度利润分配预案的公告 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个别及连带责任。 重要内容提示： 2025年前三季度利润分配方案为：向全体股东每10股派发现金红利1.00 元（含税），不进行资本公积转增股本，不送红股。 本次利润分配方案以实施权益分派股权登记日登记的总股本为基数，具 体日期将在权益分派实施公告中明确。 如在分配方案披露之日起至实施权益分派股权登记日期间公司总股本发 生变化的，按照每股分配比例不变的原则对分配总额进行调整，并将另行公告具 体调整情况。 一、利润分配方案内容 根据公司《2025 年第三季度报告》（未经审计），公司 2025 年 1-9 月实现 归属于上市公司股东的净利润为人民币 45,943,565.09 元，母公司净利润为人民 币 120,343,476.95 元。截至 2025 年 9 月 30 日，公司母公司期末可供分配利润为 人民币 313,965,123.67 元。经董事会决 ...

Group 1 - The core viewpoint of the article highlights the financial performance of Zhiyang Innovation in Q3 2023, showing positive growth in revenue and net profit [1] - For the first three quarters of 2025, the company reported revenue of approximately 753 million yuan, representing a year-on-year increase of 11.38% [1] - The net profit attributable to shareholders was approximately 45.94 million yuan, reflecting a year-on-year increase of 24.97% [1] - Basic earnings per share were reported at 0.199 yuan, which is a year-on-year increase of 24.3% [1] Group 2 - As of the report, Zhiyang Innovation has a market capitalization of 7.5 billion yuan [2]

Group 1 - The core point of the article is that Zhiyang Innovation (SH 688191) held its 16th meeting of the fourth board of directors on October 27, 2025, to discuss the proposal for the fourth extraordinary shareholders' meeting in 2025 [1] - For the year 2024, Zhiyang Innovation's revenue composition is as follows: 82.57% from the power industry, 9.58% from the rail transit industry, 7.49% from the water conservancy industry, 0.26% from other businesses, and 0.1% from other industries [1] - As of the report date, Zhiyang Innovation has a market capitalization of 7.5 billion yuan [1]

Financial Performance - The company's revenue for Q3 2025 reached ¥290,367,727.11, an increase of 20.07% compared to the same period last year[3] - Total profit for the quarter was ¥30,531,722.60, reflecting a significant growth of 83.44% year-over-year[3] - Net profit attributable to shareholders was ¥26,864,771.03, marking a substantial increase of 135.19% compared to the previous year[3] - The basic earnings per share for the quarter was ¥0.1163, up by 134.00% year-over-year[4] - The company achieved operating revenue of 290.37 million RMB in the reporting period, representing a year-on-year growth of 20.07%, primarily driven by the electricity business which generated 268.27 million RMB, up 26.63% year-on-year[13] - The net profit attributable to shareholders of the listed company for the reporting period was 26.86 million RMB, an increase of 135.19% compared to the same period last year[13] - For the first nine months, the net profit attributable to shareholders reached 45.94 million RMB, reflecting a year-on-year growth of 24.97%[14] - Total operating revenue for the first three quarters of 2025 reached ¥752,937,431.41, an increase of 11.4% compared to ¥675,988,981.81 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥43,957,242.05, compared to ¥36,164,043.93 in 2024, representing a growth of 21.5%[21] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.1990, an increase from ¥0.1601 in the same period of 2024[22] - Net profit for the first three quarters of 2025 was ¥120,343,476.95, up 118.5% from ¥55,013,338.98 in the first three quarters of 2024[29] - Operating profit for the first three quarters of 2025 was ¥128,419,608.95, compared to ¥62,566,795.35 in the same period of 2024, reflecting a growth of 104.5%[28] Research and Development - Research and development expenses totaled ¥30,607,088.49, accounting for 10.54% of revenue, a decrease of 0.7 percentage points from the previous year[4] - Research and development expenses for the first three quarters of 2025 amounted to ¥86,842,927.35, compared to ¥74,060,174.77 in 2024, indicating a rise of 17.4%[20] - Research and development expenses increased to ¥53,287,581.01 in the first three quarters of 2025, up from ¥41,963,608.22 in 2024, indicating a rise of 27.0%[28] Assets and Liabilities - The company's total assets at the end of the quarter were ¥1,487,455,373.06, a decrease of 2.24% from the end of the previous year[4] - Total assets decreased to ¥1,487,455,373.06 in 2025 from ¥1,521,490,086.30 in 2024, a decline of 2.2%[17] - Total liabilities decreased to ¥612,563,972.17 in 2025 from ¥634,087,575.04 in 2024, a reduction of 3.4%[17] - Total equity decreased to ¥874,891,400.89 in 2025 from ¥887,402,511.26 in 2024, a decline of 1.5%[17] - The company's total liabilities decreased to CNY 600,282,171.25 in 2025 from CNY 651,737,784.76 in 2024, indicating a reduction of 7.9%[27] Cash Flow - The company reported a cash flow from operating activities of -¥71,745,805.45 for the year-to-date period[3] - Cash inflow from operating activities for the first three quarters of 2025 was CNY 789,885,199.24, an increase of 21.9% compared to CNY 647,836,036.13 in the same period of 2024[23] - Net cash flow from operating activities was negative CNY 71,745,805.45 for the first three quarters of 2025, worsening from negative CNY 27,892,481.19 in 2024[23] - Cash inflow from investment activities increased significantly to CNY 1,451,137,332.77 in 2025, compared to CNY 977,983,907.28 in 2024, marking a growth of 48.3%[24] - Cash flow from investment activities resulted in a net outflow of ¥21,177,346.63 in 2025, compared to a larger outflow of ¥170,967,981.25 in 2024[32] Strategic Initiatives - The company established a wholly-owned subsidiary, Shenzhen Zhiyang Lingdong Technology Co., Ltd., to enhance innovation and product iteration in embodied intelligence technology and expand market presence in the Pearl River Delta region[14] - On September 18, 2025, the company launched the "Zhiyang Xinghun" series of satellite-denying embodied intelligent drones, aimed at addressing challenges in complex industrial scenarios[14] - The company aims to enhance its core competitiveness through the development of new technologies and market strategies[14] - The company plans to continue focusing on R&D and market expansion strategies to drive future growth[33] Other Financial Metrics - Non-recurring gains for the quarter amounted to ¥1,882,467.29, contributing to the overall profit growth[7] - The company reported cash and cash equivalents of 72.60 million RMB as of September 30, 2025, down from 194.59 million RMB at the end of 2024[15] - The company’s trading financial assets increased to 173.64 million RMB from 58.71 million RMB year-on-year[15] - Accounts receivable stood at 550.52 million RMB, slightly up from 533.72 million RMB at the end of 2024[15] - Inventory decreased to 270.67 million RMB from 298.38 million RMB year-on-year[15] - The company reported a financial income of ¥24,201,872.06 for the first three quarters of 2025, slightly up from ¥23,290,528.64 in 2024[20] - The company’s deferred tax assets increased to ¥33,496,524.42 in 2025 from ¥29,067,465.41 in 2024, reflecting a growth of 15.0%[17] - The company's retained earnings increased to CNY 313,965,123.67 in 2025 from CNY 271,356,670.22 in 2024, reflecting a growth of 15.7%[27] - The company reported an increase in investment income to ¥62,070,285.02 in the first three quarters of 2025, significantly higher than ¥3,182,378.71 in the same period of 2024[28]

智洋创新公告，第三季度营收为2.9亿元，同比增长20.07%；净利润为2686.48万元，同比增长 135.19%。前三季度营收为7.53亿元，同比增长11.38%；净利润为4594.36万元，同比增长24.97%。 ...

Core Viewpoint - Zhiyang Innovation (688191.SH) announced a share reduction plan by its controlling shareholder and its concerted parties due to personal funding needs, involving a total reduction of up to 4,225,000 shares, accounting for 1.8239% of the company's total share capital [1][2] Group 1: Shareholding Structure - As of the announcement date, Zhiyang Holdings holds 78,099,840 shares, representing 33.7145% of the total share capital of 231,650,370 shares [1] - Zhiyang Investment holds 7,862,670 shares, accounting for 3.3942% of the total share capital [1] Group 2: Reduction Plan Details - Zhiyang Holdings plans to reduce up to 2,300,000 shares (0.9929% of total share capital) and Zhiyang Investment plans to reduce up to 1,925,000 shares (0.8310% of total share capital) through centralized bidding and block trading [2] - The reduction includes specific amounts for individual shareholders, with Liu Guoyong reducing up to 500,000 shares and Zhao Yanqing reducing up to 1,425,000 shares [2] Group 3: Financial Implications - Based on the closing price of 29.71 yuan on September 29, the total cash amount expected from the share reduction is approximately 12,552,480 yuan [3] - Zhiyang Investment has previously reduced 3,043,000 shares, realizing approximately 45,963,100 yuan [3] Group 4: Company Background - Zhiyang Innovation was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on April 8, 2021, with an issuance of 38,261,512 shares at a price of 11.38 yuan per share, raising a total of approximately 435.42 million yuan [3] - The net proceeds from the fundraising after deducting issuance costs were approximately 378.31 million yuan, with specific allocations for various projects [3][4]

Performance Forecasts - Yinglian Co., Ltd. expects a net profit growth of 1531.13% to 1672.97% year-on-year for the first three quarters [1] - Dalian Heavy Industry anticipates a net profit growth of 19.91% to 28.52% year-on-year for the first three quarters [1] Project Investments - Wharton Technology plans to invest in the enhancement of membrane materials and membrane components [1] - Jiufeng Energy intends to invest in a coal-to-natural gas project in Xinjiang [1] Contract Awards - Qiaoyin Co., Ltd. is pre-awarded a contract worth approximately 512 million yuan for integrated sanitation operations in Laishui County, Baoding City, Hebei Province [1] - Dash Smart signed a contract for a smart hospital project worth 113 million yuan [1] Equity Acquisitions - Conch New Materials plans to acquire 51% equity in North China Plastics [1] - Suochen Technology intends to acquire 60% equity in Likong Technology [1] - Jingye Intelligent plans to acquire 51% equity in Hefei Shengwen for 108 million yuan [1] - Landi Group plans to acquire 20.1667% equity in Jujia Technology for 121 million yuan [1] Share Buybacks - Hanshuo Technology plans to repurchase shares worth between 150 million yuan and 300 million yuan [2] - Youke De intends to spend between 8 million yuan and 10 million yuan on share buybacks [2] H-Shares - Jinghe Integrated Circuit has submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange [2] - Lingyi Manufacturing is planning to issue H-shares and list on the Hong Kong Stock Exchange [2] - Changchun High-tech has submitted an application for the issuance of H-shares [2] Shareholding Changes - Senba Sensor's actual controller plans to reduce holdings by no more than 1.09% [3] - Erkang Pharmaceutical's controlling shareholder intends to reduce holdings by no more than 2.04% [3] - Andeli's BVI Donghua plans to reduce holdings by no more than 1.00% [3] - Zhiyang Innovation's controlling shareholder and its concerted actioner plan to reduce a total of no more than 4.225 million shares [3] - Xizi Clean Energy's chairman plans to increase holdings by 30 million to 50 million yuan [3] Other Activities - Luoxin Pharmaceutical plans to raise no more than 842 million yuan for innovative drug research and development projects [3] - Huaxin Xinchang has received project designation notification from Jiangqi Group [3] - Jinpu Garden plans to raise no more than 129 million yuan through a private placement to Nanjing Lisen [3]

Core Viewpoint - Several companies are planning to reduce their shareholdings, indicating potential shifts in ownership and investor sentiment in the market [1] Shareholder Reductions - Senba Sensor's actual controller's concerted action party plans to reduce holdings by no more than 1.09% [1] - Erkang Pharmaceutical's controlling shareholder intends to reduce holdings by no more than 2.04% [1] - Andeli's shareholder BVI Donghua plans to reduce holdings by no more than 1.00% [1] - Zhiyang Innovation's controlling shareholder and its concerted action party plan to reduce a total of no more than 4.225 million shares [1] - Sichuan Gold's shareholder Beijing Jinyang intends to reduce holdings by no more than 1.8% [1] - Guoji Heavy Industry's shareholders, including Bank of China Deyang Branch and Bank of China Zhenjiang Runzhou Branch, plan to reduce a total of no more than 1% [1] - Meixin Sheng's shareholder WI Harper Fund VII plans to reduce holdings by no more than 1% [1] - Yanmian Technology's actual controller and controlling shareholder Liu Yan plan to reduce a total of 1.2897% of the company's shares [1] - Jingwei Henghai's supervisor Cui Wenge plans to reduce no more than 600,000 shares [1] - New Xiangwei's shareholder Kehongxin plans to reduce holdings by no more than 1% [1] - Wujin Stainless Steel's three executives plan to reduce a total of no more than 623,400 shares [1] - Zhongrun Optical's director Lu Gaofei plans to reduce no more than 695,300 shares [1] Regulatory Actions - *ST Mubang's actual controller Liao Zhiyuan has received a notice of investigation from the China Securities Regulatory Commission [1] - Youkeshu's shareholder has also received a notice of investigation from the China Securities Regulatory Commission [1]

Mergers and Acquisitions - DiAo Micro plans to acquire equity in Rongpai Semiconductor through a combination of issuing shares and cash payment, with the stock suspended for up to 10 trading days [1] - Jingye Intelligent intends to purchase 51% of Hefei Shengwen for 108 million yuan, aiming to enhance its strategic presence in the military sector [2] - Guolin Technology is planning a cash acquisition of 91.07% of Xinjiang Kailianjie, which specializes in the production of maleic anhydride, potentially creating a synergistic relationship with its existing business [3] Shareholding Changes - Erkang Pharmaceutical's controlling shareholder plans to reduce holdings by up to 42 million shares, representing 2.04% of the total share capital [4] - Senba Sensor's actual controller's associated party intends to reduce holdings by no more than 308.69 thousand shares, accounting for 1.09% of the total share capital [5] - Zhiyang Innovation's controlling shareholder and associated parties plan to reduce holdings by up to 422.5 thousand shares, which is 1.82% of the total share capital, during a specified period [6] Regulatory Issues - Youkeshu announced that three shareholders are under investigation by the China Securities Regulatory Commission for failing to disclose significant information [7] - *ST Xingnong received a notice from the China Securities Regulatory Commission regarding an investigation for suspected information disclosure violations, while its operations remain normal [8] - *ST Mubang's actual controller is also under investigation by the China Securities Regulatory Commission for failing to disclose non-operational fund transactions [10]