证券代码：688345 证券简称：博力威 公告编号：2025-048 广东博力威科技股份有限公司 关于2025年前三季度计提资产减值准备的公告 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。 二、计提资产减值准备事项的具体说明 （一）信用减值损失 公司考虑所有合理且有依据的信息，包括前瞻性信息，以单项或组合的方式 无论是否包含重大融资成份，均按照相当于整个存续期内预期信用损失的金额计 量其损失准备。经测试，2025 年前三季度公司计提长期应收款坏账准备 80.87 万元，应收账款坏账准备-127.98 万元，其他应收款坏账准备-29.00 万元。 （二）资产减值损失 本报告期末，公司根据《企业会计准则第 8 号——资产减值》及公司会计政 策，存货按照成本与可变现净值孰低计量，并按单个存货项目计提存货跌价准备， 经测试，公司本期应计提存货跌价准备 4,598.86 万元。 广东博力威科技股份有限公司（以下简称"公司"）于2025年10月27日召开 第三届董事会第二次会议，审议通过了《关于2025年前三季度计提资产减值准备 的 ...

Financial Performance - The company's operating revenue for Q3 2025 reached ¥730,593,818.54, an increase of 63.62% compared to the same period last year[3] - Total profit for the quarter was ¥7,834,802.28, reflecting a significant increase of 244.15% year-over-year[3] - Net profit attributable to shareholders was ¥12,519,416.92, showing a remarkable growth of 6,785.57% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥10,601,167.72, up 683.09% year-over-year[3] - Basic earnings per share for the quarter were ¥0.13, an increase of 7,122.22% year-over-year[3] - Total operating revenue for the first three quarters of 2025 reached ¥2,075,973,135.30, a significant increase of 62.5% compared to ¥1,275,704,907.36 in the same period of 2024[15] - Net profit for the first three quarters of 2025 was ¥47,419,561.33, a turnaround from a net loss of ¥22,390,888.87 in the previous year[16] - Earnings per share for the first three quarters of 2025 were ¥0.49, compared to a loss of ¥0.22 per share in the same period of 2024[16] - The total comprehensive income for the first three quarters of 2025 was ¥47,530,821.88, compared to a loss of ¥26,150,474.48 in the same period of 2024[16] - The company reported a significant decrease in asset impairment losses, which were ¥-45,988,598.26 compared to ¥-18,214,191.43 in the previous year[16] - The company reported a total comprehensive income of ¥83,903,108.01 for the first three quarters of 2025, compared to ¥16,057,094.70 in the same period of 2024[25] Assets and Liabilities - The company's total assets increased to ¥3,012,458,178.23, representing an 11.89% growth from the end of the previous year[4] - As of September 30, 2025, the company's total assets reached RMB 3,012,458,178.23, an increase from RMB 2,692,272,188.53 as of December 31, 2024, reflecting a growth of approximately 11.88%[12] - The company's current assets amounted to RMB 1,820,328,350.36, up from RMB 1,517,231,759.51, indicating a growth of about 19.93% year-over-year[13] - The company's total liabilities increased to ¥1,904,814,645.07 from ¥1,638,321,777.60, marking a rise of 16.2%[15] - The company's total liabilities increased to CNY 1,606,061,527.67 in 2025 from CNY 1,493,010,539.72 in 2024[22] - The company's total equity attributable to shareholders rose to ¥1,103,973,962.05, up from ¥1,048,494,400.99, indicating a growth of 5.3%[15] - The total equity of the company rose to CNY 1,357,736,383.51 in 2025, compared to CNY 1,267,670,975.15 in 2024[22] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥114,268,028.53, reflecting a 164.10% increase year-over-year[3] - Cash inflow from operating activities for the first three quarters of 2025 reached CNY 2,157,837,025.12, a significant increase of 40% compared to CNY 1,540,859,353.55 in the same period of 2024[18] - Net cash flow from operating activities was CNY 114,268,028.53 in 2025, recovering from a negative CNY 178,254,215.29 in 2024[18] - The company reported a net cash outflow from investing activities of CNY 159,749,740.41 in 2025, worsening from a net outflow of CNY 108,117,950.93 in 2024[19] - Cash inflow from financing activities was CNY 119,298,866.24 in 2025, a decrease from CNY 240,711,994.39 in 2024[19] Research and Development - Research and development expenses totaled ¥37,291,314.82, accounting for 5.10% of operating revenue, a decrease of 2.36 percentage points from the previous year[4] - Research and development expenses for the first three quarters of 2025 were ¥103,077,953.12, compared to ¥96,770,124.32 in the same period of 2024, reflecting a 6.5% increase[16] - Research and development expenses for the first three quarters of 2025 were ¥90,062,302.22, slightly up from ¥85,904,186.41 in the same period of 2024, indicating continued investment in innovation[24] Shareholder Information - The company reported a total of 6,086 common shareholders at the end of the reporting period[9] - There were no changes in the participation of major shareholders in the securities lending business, indicating stability in shareholder engagement[11] Inventory and Receivables - Cash and cash equivalents increased to RMB 335,947,114.47 from RMB 222,294,426.78, representing a growth of approximately 51.14%[12] - Accounts receivable rose to RMB 629,602,622.22, compared to RMB 610,961,735.52, showing an increase of about 3.03%[12] - Inventory decreased to RMB 441,060,901.86 from RMB 478,387,440.33, reflecting a decline of approximately 7.76%[13] - The company’s inventory decreased to CNY 243,793,778.28 in 2025 from CNY 362,604,108.24 in 2024, indicating improved inventory management[21] - The company reported a significant increase in other receivables, which amounted to RMB 110,974,060.55, down from RMB 127,109,091.81, indicating a decrease of approximately 12.73%[12] Operational Costs - Total operating costs for the same period were ¥1,994,151,219.03, up from ¥1,301,736,754.18, reflecting a 53.3% increase[15] - The total operating costs for the first three quarters of 2025 were ¥1,736,812,241.17, up from ¥976,593,335.13 in the same period of 2024, reflecting increased operational expenses[24]

Core Viewpoint - Boliview (688345) reported significant growth in its Q3 2025 financial results, driven by market demand changes and proactive market expansion efforts [1] Financial Performance - Q3 revenue reached 731 million, representing a year-on-year increase of 63.62% [1] - Net profit for Q3 was 12.52 million, showing a remarkable year-on-year growth of 6785.57% [1] - For the first three quarters, net profit totaled 48.54 million, reflecting a year-on-year increase of 316.77% [1] Market Dynamics - The revenue growth is attributed to changes in market demand and the company's active market development strategies, leading to a year-on-year increase in business volume [1]

Core Insights - The 138th Canton Fair has seen a significant influx of global buyers, with a focus on industrial matchmaking in Dongguan, a renowned manufacturing city in China [2][5] - Dongguan's participation as a "City of Manufacturing Aesthetics" has resulted in a substantial intended transaction amount of $530 million, reflecting a 15.2% increase compared to the previous session [5] Group 1: Event Overview - The Canton Fair's second phase commenced on October 23, attracting over ten global buyers from countries such as Russia, Egypt, Argentina, Libya, and Canada to Dongguan for targeted industrial matchmaking [2] - The "Manufacturing Aesthetics" tour organized in Dongguan included visits to four local companies, facilitating direct interactions between buyers and manufacturers [2][3] Group 2: Buyer Insights - Elfrid, a buyer from Libya, expressed the value of the event, highlighting the opportunity to see the entire manufacturing process and personally test product quality [3] - Red Dull, a buyer from Brazil, noted the importance of clean energy in global industrial development and showed interest in collaborating with a local electric vehicle parts manufacturer after observing new technology products [5] Group 3: Company Perspectives - Dongguan companies, such as Guangdong Haixin Intelligent Kitchen Co., are actively seeking partnerships with international buyers, emphasizing the importance of product design, quality, and pricing in negotiations [3] - Dongguan Getiana Shoe Bag Manufacturing Co. is expanding into South American and African markets, focusing on product series and cost-effectiveness to meet the needs of new customers [7]

Core Viewpoint - The company, Boliwei (688345.SH), has reported a reduction in shareholding by key stakeholders, indicating a potential shift in ownership dynamics and investor sentiment [1] Shareholding Changes - Mr. Zhang Zhiping reduced his shareholding by 723,000 shares through block trading from October 15 to October 20, 2025, representing 0.71% of the total share capital [1] - Zhuhai Boguang Juliyi Enterprise Management Partnership (Limited Partnership) sold 100,000 shares on October 21, 2025, through centralized bidding, accounting for 0.10% of the total share capital [1] - Following these transactions, the combined shareholding of Mr. Zhang Zhiping, Boguang Juliyi, and their concerted parties decreased from 73,324,800 shares to 72,501,800 shares, reducing their total ownership from 72.49% to 71.68%, which triggers a 1% threshold change [1]

2.信息披露义务人信息 证券代码：688345 证券简称：博力威 公告编号：2025-047 广东博力威科技股份有限公司 关于持股 5%以上股东权益变动触及 1%刻度的提示性 公告 张志平、刘聪、深圳昆仑鼎天投资有限公司（有限合伙）、珠海乔戈里企业 管理合伙企业（有限合伙）及珠海博广聚力企业管理合伙企业（有限合伙）保证 向本公司提供的信息真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息一致。 一、 信息披露义务人及其一致行动人的基本信息 1.身份类别 | | ☑控股股东/实际控制人及其一致行动人 | | --- | --- | | | □其他 5%以上大股东及其一致行动人 | | 投资者及其一致行动人的身份 | □合并口径第一大股东及其一致行动人（仅适用 | | | 于无控股股东、实际控制人） | | | □其他______________（请注明） | | | | 重要内容提示： 权益变动方向 比例增加□ 比例减少☑ 权益变动前合计比例 72.49% 权益变动后合计比例 71.68% 本次变动是否违反已作出的承 诺、意向、计划 是□ 否☑ ...

Summary of Key Points Core Viewpoint - On October 20, a block trade of 233,000 shares of Bolivian was executed at a price of 27.80 yuan, representing a discount of 29.35% compared to the closing price of the day [2] Trading Activity - The total transaction amount for the block trade was 6.4771 million yuan [2] - Over the past three months, Bolivian has recorded a total of 6 block trades, with a cumulative transaction amount of 59.8225 million yuan [2] Stock Performance - The closing price of Bolivian on the same day was 39.35 yuan, reflecting an increase of 13.56% [2] - The daily turnover rate was 4.21%, with a total trading volume of 161 million yuan [2] - There was a net inflow of main funds amounting to 5.7491 million yuan for the day [2] - Over the past five days, the stock has increased by 5.52%, but there was a cumulative net outflow of funds amounting to 9.1870 million yuan [2] Margin Trading Data - The latest margin balance for Bolivian is 57.0277 million yuan, which has decreased by 5.7172 million yuan over the past five days, representing a decline of 9.11% [2]

Core Viewpoint - On October 20, a total of 9 stocks from the Sci-Tech Innovation Board (STAR Market) experienced block trading, with a cumulative transaction amount of 165 million yuan [1][2]. Group 1: Trading Overview - There were 23 block trades executed, totaling a volume of 2.4156 million shares and an aggregate transaction value of 165 million yuan [1]. - The stock with the highest transaction amount was Bawei Storage, with 3 block trades totaling 536,026 shares and a transaction value of 50.3626 million yuan [1]. - Other notable stocks in terms of transaction value included Honghua Digital Science and Dameng Data, with transaction amounts of 43.7311 million yuan and 18.8032 million yuan, respectively [1]. Group 2: Price Performance - The average discount rates for block trades relative to the closing prices were highest for Bolivian, Dameng Data, and Dekeli, with discount rates of 29.36%, 20.75%, and 12.24% respectively [1]. - Stocks with the highest premium rates included Dize Pharmaceutical and Lair Technology, both at 0.06% [1]. - The STAR 50 Index rose by 0.35%, with 447 stocks (76.02%) on the STAR Market increasing in value, while the average increase for stocks involved in block trading was 1.75% [1]. Group 3: Institutional Participation - Among the block trades, there were 5 transactions involving institutional buyers or sellers, covering 3 stocks [2]. - The leading stocks for institutional buying were Bawei Storage and Honghua Digital Science, with buying amounts of 46.98 million yuan and 9.8986 million yuan, respectively [2]. - The stocks with the highest net inflow of funds included Dekeli, Dize Pharmaceutical, and Bawei Storage, with net inflows of 82.1361 million yuan, 25.2536 million yuan, and 6.3566 million yuan, respectively [2].

Group 1 - A total of 56 stocks in the A-share market experienced block trading today, with a total transaction value of 1.168 billion yuan [1] - The top three stocks by transaction value were Hengli Petrochemical (220 million yuan), Wantong Development (99.9929 million yuan), and Chuangye Huikang (68.4 million yuan) [1] - Among the stocks, 7 were traded at par, 4 at a premium, and 45 at a discount; the highest premium rates were for Aidi Precision (4.02%), Hengli Petrochemical (0.86%), and Lier Technology (0.06%) [1] Group 2 - The stocks with the highest discount rates included Boliview (29.35%), Yuxin Electronics (21.36%), and Zhongji Xuchuang (21.09%) [1] - The ranking of institutional buy amounts showed Chuangye Huikang leading with 66.24 million yuan, followed by Jinlong Co. (51.3405 million yuan) and Baiwei Storage (46.98 million yuan) [1] - The top three stocks by institutional sell amounts were Longqi Technology (13.008 million yuan),招商公路 (6.156 million yuan), and Dize Pharmaceutical-U (4.3532 million yuan) [2]

Core Insights - On October 20, Boliview executed a block trade of 233,000 shares, amounting to 6.4771 million yuan, which represented 3.87% of the total trading volume for the day [1] - The transaction price was 27.8 yuan, reflecting a discount of 29.35% compared to the market closing price of 39.35 yuan [1] Summary by Categories Trading Activity - The block trade involved 233,000 shares of Boliview, with a total transaction value of 6.4771 million yuan [2] - The trade accounted for 3.87% of the total trading volume on that day [1] Pricing Details - The executed price of the shares was 27.8 yuan, which is significantly lower than the market closing price of 39.35 yuan, indicating a discount of 29.35% [1]