登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688596 证券简称：正帆科技 公告编号：2025-069 转债代码：118053 转债简称：正帆转债 上海正帆科技股份有限公司关于召开2025年第三季度业绩说明会的公告 三、参加嘉宾 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： ● 会议问题征集：投资者可于2025年11月10日前访问网址https://eseb.cn/1sOz9eV3hu0或扫描下方小程序 码进行会前提问，公司将通过本次业绩说明会，在信息披露允许范围内就投资者普遍关注的问题进行回 答。 ■ 一、说明会类型 上海正帆科技股份有限公司（以下简称"公司"）已于2025年10月31日在上海证券交易所网站 （www.sse.com.cn）发布了2025年第三季度报告。为便于广大投资者更加全面深入地了解公司2025年前 三季度的经营成果、财务状况，公司定于2025年11月10日（星期一）15:00-16:00在"价值在 线"（www.ir-online.cn）举办2025年第三季度业绩 ...

上海正帆科技股份有限公司 关于召开2025年第三季度业绩说明会的公告 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。 重要内容提示： 一、说明会类型 上海正帆科技股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日在 上海证券交易所网站（www.sse.com.cn）发布了 2025 年第三季度报告。为便于 广大投资者更加全面深入地了解公司 2025 年前三季度的经营成果、财务状况， 公司定于2025年11月10日（星期一）15:00-16:00在"价值在线（" www.ir-online.cn） 会议召开时间：2025 年 11 月 10 日（星期一）15:00-16:00 会议召开方式：网络互动方式 会议召开地点：价值在线（www.ir-online.cn） 会 议 问 题 征 集 ： 投 资 者 可 于 2025 年 11 月 10 日 前 访 问 网 址 https://eseb.cn/1sOz9eV3hu0 或扫描下方小程序码进行会前提问，公司将 通过本次业绩说明会，在信息披露允许范围内就投资者 ...

Core Insights - 正帆科技 reported a revenue of 3.292 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 5.98% [1] - The net profit attributable to shareholders was 713 million yuan, showing a significant decrease of 78.50% compared to the previous year [1] - The company experienced a cash flow from operating activities net amount of -220 million yuan, indicating a decline of 288.09% year-on-year [1] Financial Performance - Revenue for the reporting period was 1.275 billion yuan, down 22.68% compared to the same period last year [1] - The profit before interest was -36 million yuan, a decrease of 114.69% year-on-year [1] - The net profit after deducting non-recurring gains and losses was -37 million yuan, reflecting a decline of 119.23% [1] Fundraising Activities - 正帆科技 raised a total of 1.007 billion yuan through its initial public offering in August 2020, with a net amount of 911 million yuan after deducting issuance costs [1] - The company conducted a simplified procedure to raise funds from specific investors in 2022, and the total amount raised from three fundraising activities reached 2.231 billion yuan [2]

Market Overview - The specialized equipment sector declined by 0.6% on October 31, with Zhengfan Technology leading the drop [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Stock Performance - Shanghai Yahon (603159) saw a significant increase of 10.00%, closing at 25.52 with a trading volume of 49,600 shares and a turnover of 122 million yuan [1] - Other notable gainers included Taidan Co. (003036) with a 9.98% increase, and Dongfang Precision (002611) with a 7.95% increase [1] - Zhengfan Technology (688596) experienced the largest decline at 14.30%, closing at 32.85 with a trading volume of 354,800 shares and a turnover of 1.173 billion yuan [2] Capital Flow - The specialized equipment sector experienced a net outflow of 256 million yuan from institutional investors and 891 million yuan from retail investors, while retail investors saw a net inflow of 1.147 billion yuan [2] - The capital flow data indicates that Dongfang Precision (002611) had a net inflow of 124.21 million yuan from institutional investors, while it faced a net outflow of 68.8 million yuan from retail investors [3] - Other companies like Yongchuang Intelligent (603901) and Shanghai Electromechanical (600835) also reported mixed capital flows, with institutional inflows and retail outflows [3]

Core Points - The company reported a revenue of 3.292 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 5.98% [1][2] - The net profit attributable to shareholders decreased by 78.50% to 71.30 million yuan, while the net profit excluding non-recurring items fell by 93.11% to 21.31 million yuan [1][2] - The net cash flow from operating activities was -220.82 million yuan, a significant decline of 288.09% compared to the previous year [1][2] Financial Performance - Revenue for the reporting period was approximately 1.275 billion yuan, down 22.68% compared to the same period last year [2] - The profit attributable to shareholders was -22.94 million yuan, a decrease of 110.12% [2] - The net profit excluding non-recurring items was -37.49 million yuan, reflecting a decline of 119.23% [2] - The net cash flow from operating activities for the year-to-date was -220.82 million yuan, down 288.09% [2] Fundraising Activities - The company raised a total of 1.007 billion yuan from its initial public offering, with a net amount of 911 million yuan after deducting issuance costs [3] - The company planned to use the raised funds for projects related to new energy, semiconductor equipment, and working capital [3] - The total amount raised from three fundraising activities was approximately 2.231 billion yuan [7]

Group 1 - Zhengfan Technology (688596.SH) reported its Q3 2025 results, with 26 institutional investors holding a total of 77.72 million shares, representing 26.53% of the total share capital [1] - The top ten institutional investors collectively hold 25.71% of the shares, a decrease of 3.48 percentage points compared to the previous quarter [1] Group 2 - In the public fund sector, 11 funds increased their holdings, with a total increase ratio of 0.49%, including CITIC Securities Rotation Mixed A and CITIC Securities Selected Mixed A [2] - Conversely, 7 public funds reduced their holdings, with a total decrease ratio of 0.60%, including Guangfa Thematic Leading Mixed A and Huian Hongyang Three-Year Holding Mixed [2] - Five new public funds were disclosed this period, while 192 funds were not disclosed compared to the previous quarter, indicating significant turnover in fund holdings [2]

（文章来源：每日经济新闻） 每经AI快讯，10月31日，存储芯片板块盘初走低，正帆科技跌超10%，江波龙、佰维存储、香农芯创纷 纷下挫。 ...

Core Viewpoint - Zhengfan Technology is a leading enterprise in the domestic gas chemical supply and cleanroom supporting system sector, with a full industry chain service capability [1] Group 1: Business Performance - In Q3 2025, Zhengfan Technology reported revenue of 3.292 billion yuan, ranking 8th in the industry out of 89 companies, significantly above the industry average of 1.21 billion yuan and median of 596 million yuan, but far behind the top two competitors, Keda Manufacturing at 12.605 billion yuan and Haomai Technology at 8.076 billion yuan [2] - The main business composition includes electronic process equipment at 3.449 billion yuan, accounting for 63.06%, and core components at 701 million yuan, accounting for 12.82% [2] - The net profit for the same period was 70.8926 million yuan, ranking 31st in the industry, with the top two competitors reporting net profits of 1.832 billion yuan and 1.789 billion yuan respectively [2] Group 2: Financial Ratios - As of Q3 2025, Zhengfan Technology's debt-to-asset ratio was 67.85%, higher than the previous year's 62.57% and the industry average of 42.80%, indicating significant debt pressure [3] - The gross profit margin for Q3 2025 was 21.51%, down from 27.17% in the previous year and below the industry average of 28.52%, suggesting a need for improvement in profitability [3] Group 3: Shareholder Information - As of June 30, 2025, the number of A-share shareholders decreased by 7.70% to 10,200, while the average number of circulating A-shares held per shareholder increased by 8.51% to 28,600 [5] - The top ten circulating shareholders include notable entities such as Dongfang Artificial Intelligence Theme Mixed A, which increased its holdings by 657,000 shares [5] Group 4: Business Highlights and Future Outlook - In H1 2025, the company achieved revenue of 2.017 billion yuan, a year-on-year increase of 8.88%, while net profit was 94 million yuan, a decrease of 10.20% [6] - Key business highlights include an increase in OPEX business revenue share to 37.3% and a rise in semiconductor business revenue share to 57% [6] - The company completed the acquisition of a 62.23% stake in Liaoning Hanjing Semiconductor Materials Co., expanding its core component business [6] - Revenue projections for 2025-2027 are 6.98 billion yuan, 8.71 billion yuan, and 10.96 billion yuan, with net profits of 660 million yuan, 880 million yuan, and 1.16 billion yuan respectively [5][6]

Group 1 - The core viewpoint of the article highlights that Zhengfan Technology reported a decline in both revenue and net profit for the first three quarters of 2025, indicating financial challenges for the company [1]. - The company's revenue for the first three quarters of 2025 was approximately 3.292 billion yuan, representing a year-on-year decrease of 5.98% [1]. - The net profit attributable to shareholders was about 71.3 million yuan, showing a significant year-on-year decline of 78.5% [1]. - Basic earnings per share were reported at 0.25 yuan, which is a decrease of 78.99% compared to the previous year [1]. Group 2 - As of the report date, Zhengfan Technology's market capitalization stood at 11.2 billion yuan [2].

Group 1 - The core viewpoint of the articles highlights that Zhengfan Technology (688596) is facing short-term performance pressure due to a challenging industry environment, but is maintaining a stable foundation and enhancing organizational efficiency through innovation and acquisitions for future recovery [1][2] - In the first three quarters of 2025, the company achieved operating revenue of 3.292 billion yuan and a net profit attributable to shareholders of 71.3026 million yuan [1] - The revenue fluctuations are attributed to aggressive pricing strategies to maintain market competitiveness amid intense competition, while net profit is impacted by rising costs, increased depreciation from new capacity, and higher personnel and share-based payment costs [1][2] Group 2 - The electronic specialty gas industry is currently characterized by a "demand recovery and price pressure" trend, with gas prices at a temporary low but showing signs of recovery in certain products and regions [2] - Zhengfan Technology successfully issued convertible bonds in April this year, with ongoing projects progressing as planned, including the completion of the Tongling Phase II precursor and mixed gas project, and the first phase of the Lishui specialty gas project [2] - The acquisition of Hanjing Semiconductor has led to the production launch of a high-purity quartz and semiconductor silicon carbide component production line, positioning Hanjing as a qualified supplier for major domestic and international equipment manufacturers [2][3] Group 3 - The investment in Hongge Semiconductor has resulted in its product Gasbox quickly capturing market share, becoming a significant supplier for Xinkailai, with a projected net profit of 94.78 million yuan in 2024 [3]