Revenue and Profit - Q3 2025 revenue reached CNY 367.61 million, a year-on-year increase of 7.96%[4] - Total profit for the quarter was CNY 47.73 million, up 4.58% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 41.07 million, reflecting a 12.45% increase year-on-year[4] - The total profit for the year-to-date was CNY 142.43 million, a decrease of 11.14% compared to the same period last year[4] - The net profit for the first three quarters of 2025 is CNY 116,416,232.80, a decrease of 12.1% compared to CNY 132,602,984.08 in the same period of 2024[18] - The operating profit for the current period is CNY 142,536,813.33, down 10.7% from CNY 159,715,533.43 in the previous year[18] - The total comprehensive income for the current period is CNY 119,487,971.03, down from CNY 134,575,800.63 in the previous year, indicating a decline of 11.2%[19] Expenses and Costs - R&D investment totaled CNY 12.45 million, accounting for 3.39% of revenue, a decrease of 0.12 percentage points from the previous year[5] - Total operating costs for the first three quarters of 2025 were CNY 906,671,711.02, down from CNY 912,375,823.28 in 2024, reflecting a cost reduction strategy[17] - Operating costs decreased from CNY 721,094,799.64 in 2024 to CNY 691,412,510.70 in 2025, indicating improved operational efficiency[17] - Sales expenses increased to CNY 79,357,571.97 in 2025 from CNY 70,416,244.87 in 2024, suggesting increased investment in marketing efforts[17] - Management expenses rose to CNY 74,386,572.29 in 2025, compared to CNY 61,401,583.97 in 2024, indicating higher administrative costs[17] - The company’s financial expenses increased to CNY 19,747,571.67 from CNY 18,094,934.02, marking an increase of 9.1%[18] - The research and development expenses for the current period are CNY 34,444,103.43, a decrease from CNY 35,748,754.27 in the previous year, reflecting a decline of 3.6%[18] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was CNY 184.99 million, down 13.97% from the previous year[4] - The cash flow from operating activities for the first three quarters of 2025 is CNY 184,995,315.60, a decrease of 13.5% from CNY 215,031,032.30 in the previous year[21] - The company reported a net cash outflow from investing activities of CNY 242,544,060.33, compared to a net outflow of CNY 235,452,091.11 in the same period last year[21] - Cash and cash equivalents as of September 30, 2025, were CNY 674,625,908.93, down from CNY 711,882,469.13 at the end of 2024[12] - The company’s cash and cash equivalents at the end of the period stand at CNY 654,198,127.58, down from CNY 743,463,856.97 at the end of the same period last year[21] Assets and Liabilities - Total assets increased to CNY 3.53 billion, representing a growth of 7.08% compared to the end of the previous year[5] - Total assets increased to CNY 3,534,815,662.43 as of September 30, 2025, compared to CNY 3,301,138,166.51 at the end of 2024, reflecting growth in the asset base[14] - Total liabilities increased to CNY 1,478,969,432.45 in 2025 from CNY 1,295,464,350.26 in 2024, indicating a rise in financial obligations[15] - Shareholders' equity rose to CNY 2,055,846,229.98 in 2025 from CNY 2,005,673,816.25 in 2024, showing an increase in the company's net worth[15] - Non-current assets totaled CNY 1,778,800,959.42 as of September 30, 2025, up from CNY 1,647,590,203.84 at the end of 2024, indicating investment in long-term growth[14] Shareholder Information - The company reported a total of 10,979 common shareholders at the end of the reporting period[10] - The basic earnings per share for the quarter was CNY 0.34, a 9.68% increase year-on-year[4] - The basic and diluted earnings per share for the current period are both CNY 0.99, compared to CNY 1.11 in the same period last year, reflecting a decrease of 10.8%[19]

Market Overview - The electronic chemicals sector experienced a decline of 0.3% on October 28, with Siquan New Materials leading the drop [1] - The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1] Stock Performance - Notable gainers in the electronic chemicals sector included: - Huate Gas (688268) with a closing price of 68.52, up 5.42% on a trading volume of 44,800 shares and a turnover of 297 million [1] - Jingrui Electric Materials (300655) closed at 18.25, up 4.23% with a trading volume of 3.09 million shares and a turnover of 56.791 million [1] - Conversely, Siquan New Materials (301489) saw a significant decline of 16.98%, closing at 203.30 with a trading volume of 138,900 shares and a turnover of 298.5 million [2] Capital Flow - The electronic chemicals sector experienced a net outflow of 1.446 billion in main funds, while retail investors saw a net inflow of 1.253 billion [2] - The capital flow for specific stocks showed: - Dinglong Co. (300054) had a main fund net inflow of 37.85 million, but retail investors had a net outflow of 22.91 million [3] - Huate Gas (688268) experienced a main fund net inflow of 8.2143 million, with retail investors seeing a net outflow of 8.6272 million [3]

Robotics - Dongfang Electric Heat has sent samples of electronic skin to leading robotics companies [1] - Hongjing Optoelectronics has initiated research and development on humanoid robots and has sent samples [1] - Baolong Technology plans to gradually invest resources to expand its business in the robotics field [1] Deep Earth Economy - Boying Special Welding's anti-corrosion and anti-wear welding technology can be applied to oil pipelines in deep earth oil and gas transportation [1] - Baotailong's coal and graphite resources are currently not classified under the "deep earth economy" category [1] Consumer Electronics - Longli Technology's LIPO technology products have achieved mass production in projects such as wristbands and mobile phones [1] Charging and Swapping - Green Energy Smart Charging has technical and business cooperation with CATL in the charging and swapping business [1] - Dazhong Transportation has not yet engaged in the charging and swapping business [1] Other Developments - Huagong Technology has seen bulk shipments of 400G/800G optical modules from overseas equipment and channel vendors [1] - Lingyi Zhi Zao has made bulk shipments of cooling modules for international clients such as AMD [1] - Farah Electronics' capacitors are used in ultra-high voltage transmission and transformation applications [1] - Huate Gas has supplied a small quantity of electronic specialty gases to Xinkai, with a minor business proportion [1] - Benchuan Intelligent's high-end PCB products have achieved small batch applications in CPO-related projects [1] - Fangda Special Steel has not yet collaborated with Huawei on "digital twin" projects related to blast furnaces [1] - Hengdian East Magnetic focuses its energy storage business on household storage, with a small portion of shipments in the European market [1] - Siwei Tuxin and Jianzhizhi Robot have collectively secured 5.85 million sets of intelligent driving solutions from 2024 to the first half of 2025 [1] - iFlytek maintains a good cooperation with Moore Threads in the field of artificial intelligence [1]

| 证券代码：688268 | 证券简称：华特气体 | 公告编号：2025-058 | | --- | --- | --- | | 转债代码：118033 | 转债简称：华特转债 | | 广东华特气体股份有限公司 关于股东权益变动的提示性公告 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。 重要内容提示： 本次权益变动属于股份及持股比例减少（股东减持、公司可转债转股导 致持股比例被动稀释）；公司限制性股票回购注销导致持股比例被动增加，不触 及要约收购。 本次权益变动后，广东华特投资管理有限公司、石平湘、石思慧、厦门 华弘多福投资合伙企业（有限合伙）、厦门华和多福投资合伙企业（有限合伙）、 厦门华进多福投资合伙企业（有限合伙）（以下合称为："信息披露义务人"） 合计持有广东华特气体股份有限公司（以下简称："公司"）60,152,445股，占 公司总股本的50.00%。 本次权益变动不会导致公司控股股东及实际控制人发生变化。 1、信息披露义务人一 | 企业名称 | 广东华特投资管理有限公司 | | --- | --- | | ...

| 证券代码：688268 | 证券简称：华特气体 | 公告编号：2025-058 | | --- | --- | --- | | 转债代码：118033 | 转债简称：华特转债 | | 广东华特气体股份有限公司 关于股东权益变动的提示性公告 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。 重要内容提示： 本次权益变动属于股份及持股比例减少（股东减持、公司可转债转股导 致持股比例被动稀释）；公司限制性股票回购注销导致持股比例被动增加，不触 及要约收购。 本次权益变动后，广东华特投资管理有限公司、石平湘、石思慧、厦门 华弘多福投资合伙企业（有限合伙）、厦门华和多福投资合伙企业（有限合伙）、 厦门华进多福投资合伙企业（有限合伙）（以下合称为："信息披露义务人"） 合计持有广东华特气体股份有限公司（以下简称："公司"）60,152,445股，占 公司总股本的50.00%。 本次权益变动不会导致公司控股股东及实际控制人发生变化。 一、本次权益变动基本情况 （一）信息披露义务人的基本信息 1、信息披露义务人一 | 企业名称 | 广东 ...

广东华特气体股份有限公司 简式权益变动报告书 上市公司名称：广东华特气体股份有限公司 股票简称：华特气体 股票代码：688268 股票上市地点：上海证券交易所 信息披露义务人一：广东华特投资管理有限公司 住所：广州市海珠区南洲路 183 号二层 C06 房 通讯地址：广州市海珠区南洲路 183 号二层 C06 房 信息披露义务人二：石平湘 住所：广东省佛山市************* 通讯地址：广东省佛山市南海区里水镇和顺逢西村文头岭脚东侧 信息披露义务人三：石思慧 住所：广东省佛山市************* 通讯地址：广东省佛山市南海区里水镇和顺逢西村文头岭脚东侧 信息披露义务人四：厦门华弘多福投资合伙企业（有限合伙） 住所：中国（福建）自由贸易试验区厦门片区湖里大道 22 号 201-398 单元 通讯地址：中国（福建）自由贸易试验区厦门片区湖里大道 22 号 201-398 单元 信息披露义务人五：厦门华和多福投资合伙企业（有限合伙） 住所：中国（福建）自由贸易试验区厦门片区湖里大道 22 号 201-399 单元 通讯地址：中国（福建）自由贸易试验区厦门片区湖里大道 22 号 201-399 单元 ...

Core Viewpoint - The announcement from Huate Gas indicates a reduction in the shareholding percentage of several investment entities due to funding needs and the conversion of convertible bonds, resulting in a decrease from 53.71% to 50.00%, a change of 3.71% [1] Group 1 - The entities involved in the shareholding dilution include Guangdong Huate Investment Management Co., Ltd., Shi Pingxiang, Shi Sihui, and several Xiamen-based investment partnerships [1] - The reduction in shareholding is attributed to both the entities' funding requirements and the conversion of convertible bonds into equity [1] - The total shareholding percentage decreased from 53.71% to 50.00%, indicating a passive dilution of ownership [1]

Core Viewpoint - The company, Huate Gas (688268), has confirmed its supply of specialty gases, including high-purity fluorocarbons, hydrides, and rare mixed gases, for applications in the nuclear power sector [1] Group 1 - The company has supplied specialty gases to multiple nuclear power clients [1] - A small portion of the company's business involves supplying electronic specialty gases to Xin Kailai Company [1]

Core Viewpoint - The company has a minor supply relationship with Xinkailai, providing a small amount of electronic specialty gases, indicating limited direct or indirect collaboration [1] Company Summary - The company, 华特气体 (Huate Gas), confirmed on October 22 that it supplies a small quantity of electronic specialty gases to Xinkailai, which constitutes a small proportion of its overall business [1]

Group 1 - The company has indicated that some of its specialty gases, including high-purity fluorocarbons, hydrides, and rare mixed gases, can be applied in the nuclear power sector [1] - The company is currently supplying these specialty gases to multiple nuclear power clients [1] - The future development of the nuclear power industry is expected to drive demand growth for related specialty gases [1]