Group 1 - The core viewpoint of the news is that Zhuoyue New Energy (688196.SH) has seen a significant increase in institutional investor holdings, with 12 institutions holding a total of 95.5945 million shares, representing 79.66% of the total share capital as of October 30, 2025 [1] - The top ten institutional investors collectively hold 79.49% of the shares, with an increase of 1.24 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, four funds increased their holdings, accounting for a 0.68% increase, while three funds decreased their holdings, resulting in a 0.23% decrease [2] - One new public fund was disclosed during this period, while 124 funds were not disclosed compared to the previous quarter [2]

Core Viewpoint -卓越新能 is a leading company in the biodiesel industry in China, focusing on the production of biodiesel and its deep-processing products from waste oils, with a full industry chain advantage [1] Group 1: Business Performance - In Q3 2025,卓越新能 reported revenue of 2.343 billion yuan, ranking 17th among 79 companies in the industry, with the industry leader, Sinochem International, at 35.716 billion yuan [2] - The main business composition includes biodiesel at 1.067 billion yuan (81.33%), mixed fatty acids at 116 million yuan (8.86%), and natural fatty alcohols at 82.235 million yuan (6.27%) [2] - The net profit for the same period was 167 million yuan, ranking 15th in the industry, with the top company, Hangyang Co., reporting 850 million yuan [2] Group 2: Financial Ratios - As of Q3 2025,卓越新能's debt-to-asset ratio was 21.20%, lower than the industry average of 34.74%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 11.73%, which, while improved from 3.56% year-on-year, remains below the industry average of 19.93% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 6.84% to 4,416, while the average number of circulating A-shares held per household increased by 7.34% to 27,200 [5] - Notable changes among the top ten circulating shareholders include a decrease in holdings by Baoying New Industry Mixed A and new entries from 富国改革动力混合 and 富国研究精选灵活配置混合 A [5] Group 4: Future Outlook - Longjiang Securities projects net profits for 2025-2027 to be 247 million, 371 million, and 436 million yuan, with corresponding PE ratios of 24x, 16x, and 14x, maintaining a "buy" rating [6] - Xinda Securities forecasts net profits for the same period to be 332 million, 486 million, and 591 million yuan, with growth rates of 122.8%, 46.3%, and 21.7% respectively, also maintaining a "buy" rating [6]

Core Viewpoint - The company,卓越新能, announced that as of the date of the announcement, neither the company nor its wholly-owned or controlling subsidiaries and wholly-owned subsidiaries have provided any external guarantees, nor are there any overdue guarantees or guarantees related to litigation [1] Group 1 - The company confirmed the absence of external guarantees [1] - There are no overdue guarantees reported by the company or its subsidiaries [1] - The company and its subsidiaries are not involved in any litigation guarantees [1]

Core Viewpoint - The company,卓越新能, announced the convening of its fifth board of directors' thirteenth meeting on October 30, 2025, to approve the election of a new member to the strategic committee [1] Group 1 - The board approved the proposal to elect employee director Zeng Qingping as a member of the strategic committee [1] - The strategic committee will consist of Zeng Qingping, Ye Huodong (the convener), and Guo Xiaobin [1] - The term for the newly elected committee members will last until the end of the current board's term [1]

Core Viewpoint -卓越新能 reported a decline in total revenue for the first three quarters of 2025, while net profit attributed to shareholders saw significant growth [1] Financial Performance - The company achieved total revenue of 2.343 billion yuan, representing a year-on-year decrease of 21.24% [1] - Net profit attributable to shareholders reached 167 million yuan, marking an increase of 81.24% year-on-year [1] - Basic earnings per share were reported at 1.39 yuan [1]

证券代码：688196 证券简称：卓越新能 公告编号：2025-048 龙岩卓越新能源股份有限公司 关于使用部分暂时闲置募集资金进行现金管理的公告 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法律责任。 特别风险提示：公司本次现金管理方式是投资安全性高、流动性好、 有保本约定的投资产品，主要受货币政策等宏观经济政策的影响。公司将根 据经济形势以及金融市场的变化适时适量的介入，但不排除该项投资受到市 场波动的影响。 一、现金管理情况概述 （一）投资目的 重要内容提示： 投资种类：安全性高、流动性好、有保本约定的投资产品（包括但不 限于结构性存款、定期存款、大额存单等）。 现金管理额度：人民币 47,000 万元，其中 2019 年首次公开发行股票 募集资金 18,000 万元，2024 年向特定对象发行股票募集资金 29,000 万元， 在上述额度内的资金可在投资期限内滚动使用。 已履行及拟履行的审议程序：本事项经龙岩卓越新能源股份有限公司 （以下简称"公司"或"卓越新能"）于 2025 年 10 月 30 日召开第五届董事 会第十三次 ...

证券代码：688196 证券简称：卓越新能 公告编号：2025-051 龙岩卓越新能源股份有限公司 关于补选董事会战略委员会委员的公告 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、准确性和完整性依法承担法律责任。 特此公告。 龙岩卓越新能源股份有限公司董事会 2025 年 10 月 31 日 1 为完善龙岩卓越新能源股份有限公司（以下简称"公司"）治理结构，保 证公司董事会战略委员会的有序运作，公司于 2025 年 10 月 30 日召开第五届董 事会第十三次会议，审议通过《关于补选董事会战略委员会成员的议案》，同 意补选职工董事曾庆平先生为公司第五届董事会战略委员会委员，与叶活动 （召集人）、郭晓斌共同组成第五届董事会战略委员会，任期自本次董事会审 议通过之日起至第五届董事会任期届满之日止。 ...

证券代码：688196 证券简称：卓越新能 公告编号：2025-050 龙岩卓越新能源股份有限公司 关于变更注册资本暨修订《公司章程》的公告 | 第 六 | 条 | 公 | 司 注 资 币 | 册 | 本 | 为 | 人 | 民 | 第 六 | 条 | 公 司 注 | 册 资 | 本 | 为 | 人 民 币 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 12,000 万元。 | | | | | | | | | | 127,190,795 | 元。 | | | | | | 第二十一条 | | | 公司已发行的股份数为 | | | | | | | 第二十一条 | | | 公司已发行的股份数为 | | | | 12,000 | | | 万股，均为人民币普通股。 | | | | | | | 127,190,795 | | 股，均为人民币普通股。 | | | | | | | | 修订前 | | | | | | | | | 修订后 | | | | 除上述条款修改外， ...

证券代码：688196 证券简称：卓越新能 公告编号：2025-049 龙岩卓越新能源股份有限公司 关于对外担保额度预计的公告 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法律责任。 重要内容提示： 被担保方：对外担保额度预计事项（以下简称"本次担保"或"本次预 计担保"）的被担保方为纳入龙岩卓越新能源股份有限公司（以下简称"公司" 或"卓越新能"）合并报表范围内的资产负债率低于 70%的下属公司，包括厦门 卓越生物质能源有限公司（以下简称"厦门卓越"）、福建致尚生物质材料发展 有限公司（以下简称"福建致尚"）、龙岩卓越生物基材料有限公司（以下简称 "卓越生物基"）、Excellence New Energy (Singapore) Pte. Ltd.（以下简称"新 加坡卓越"）、Excellence New Energy（Thailand）Co.. Ltd.（以下简称"泰国卓 越"）、Pt Excellence New Energy Indonesia（以下简称"印尼卓越"）以及担保 有效期内新设或投资的公司，以上统称为"被担保方" ...

证券代码：688196 证券简称：卓越新能 公告编号：2025-047 二、对公司的影响 根据《企业会计准则第 28 号——会计政策、会计估计变更和差错更正》相 关规定，上述补缴税款及滞纳金事项不属于前期会计差错，不涉及前期财务数据 追溯调整。公司补缴上述税款及滞纳金将计入 2025 年当期损益，预计将影响公 司 2025 年度归属于上市公司股东的净利润 1,780.57 万元，最终以 2025 年度经 审计的财务报表为准。 特此公告。 龙岩卓越新能源股份有限公司 关于补缴税款的公告 龙岩卓越新能源股份有限公司董事会 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、准确性和完整性依法承担法律责任。 龙岩卓越新能源股份有限公司（以下简称"公司"）近期对公司涉税业务开 展自查，现将有关情况公告如下： 一、基本情况 经自查，公司及全资子公司厦门卓越生物质能源有限公司需补缴 2020 年度 企业所得税款、滞纳金及调整 2022-2024 年度增值税退税款合计人民币 1,780.57 万元。 截至本公告披露日，公司已足额缴纳和调整相应税款及滞纳金。本事项不涉 及行政 ...