单位：人民币/万元 | | 项目 | 本期金额 | | --- | --- | --- | | 信用减值损失 | 应收票据坏账损失 | -98.99 | | | 应收账款坏账损失 | 3,016.73 | | | 其他应收款坏账损失 | 31.96 | | | 小计 | 2,949.70 | | 资产减值损失 | 存货跌价损失 | 1,571.57 | | | 合同资产减值损失 | 224.66 | | | 小计 | 1,796.24 | | | 合计 | 4,745.94 | 二、 2025 年前三季度确认资产减值准备的具体说明 （一）信用减值损失 证券代码：688646 证券简称：逸飞激光 公告编号：2025-074 武汉逸飞激光股份有限公司 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。 一、 2025 年前三季度计提资产减值准备情况 根据《企业会计准则第 8 号——资产减值》及武汉逸飞激光股份有限公司（以 下简称"公司"）会计政策、会计估计的相关规定，为了真实、准确 ...

Financial Performance - The company's operating revenue for the third quarter was ¥143,147,413.74, a decrease of 23.09% compared to the same period last year[4]. - The total profit for the quarter was -¥35,967,338.00, reflecting a decline of 297.11% year-on-year[9]. - The net profit attributable to shareholders was -¥26,092,129.62, down 271.69% from the previous year[10]. - The company reported a basic earnings per share of -¥0.29 for the quarter, a decline of 281.25% year-on-year[5]. - Total operating revenue for the first three quarters of 2025 reached ¥575,090,118.42, an increase from ¥534,731,251.19 in the same period of 2024, representing a growth of approximately 7.5%[21]. - Total operating costs for the first three quarters of 2025 were ¥583,719,737.63, up from ¥492,457,459.87 in 2024, indicating an increase of about 18.5%[21]. - Operating profit for the first three quarters of 2025 was a loss of ¥11,336,344.98, compared to a profit of ¥57,357,795.22 in the same period of 2024[21]. - The total profit (loss) for the period was -11,598,923.29 RMB, compared to a profit of 57,232,232.38 RMB in the previous year[22]. - The net profit (loss) attributable to the parent company was -7,943,621.73 RMB, down from 55,578,975.38 RMB year-over-year[22]. - Basic and diluted earnings per share were both -0.09 RMB, compared to 0.59 RMB in the same period last year[23]. Research and Development - Research and development expenses totaled ¥24,716,728.21, representing 17.27% of operating revenue, an increase of 2.95 percentage points[5]. - The company plans to continue expanding into emerging business areas, which has led to increased R&D and management expenses[10]. - Research and development expenses increased to ¥76,102,249.82 in 2025 from ¥60,556,175.83 in 2024, reflecting a rise of approximately 25.6%[21]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥81,551,381.87, indicating significant cash outflow[4]. - Cash inflows from operating activities totaled 497,880,751.50 RMB, an increase from 368,862,188.78 RMB in the previous year[25]. - Cash outflows from operating activities amounted to 579,432,133.37 RMB, compared to 425,850,583.16 RMB last year[25]. - The net cash flow from operating activities was -81,551,381.87 RMB, worsening from -56,988,394.38 RMB year-over-year[25]. - Cash inflows from investment activities reached 1,893,613,818.83 RMB, up from 1,358,762,355.43 RMB in the previous year[26]. - The net cash flow from investment activities was 540,211,163.58 RMB, significantly higher than 20,530,541.99 RMB in the previous year[26]. - Cash inflows from financing activities totaled 472,187,545.06 RMB, compared to 353,311,970.00 RMB last year[26]. - The ending cash and cash equivalents balance was 535,735,566.33 RMB, compared to 130,047,101.96 RMB at the end of the previous year[26]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 5,146[12]. - The largest shareholder, Wu Xuan, holds 25.90% of shares, totaling 24,651,093 shares[12]. - The second-largest shareholder, Wuhan Yiyang Xinneng Enterprise Management Partnership, holds 9.24% with 8,793,540 shares[12]. - The company has repurchased a total of 2,257,800 shares, representing 2.37% of the total share capital of 95,162,608 shares[16]. - The total amount spent on share repurchases is RMB 76,567,871.01, with a maximum price of RMB 44.80 per share and a minimum price of RMB 25.44 per share[16]. - The company plans to use at least 50% of repurchased shares for employee stock ownership plans and the remaining for capital reduction[15]. - The company has a total of 5,407,800 shares held in its repurchase account as of the reporting period end[14]. - The top ten shareholders include various investment partnerships and individuals, with significant stakes held by Wu Xuan and others[12][13]. - The company is considering future strategies involving share repurchases to enhance shareholder value[15]. - The report indicates no changes in the participation of major shareholders in margin trading or securities lending[15]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,884,217,140.26, a 2.18% increase from the end of the previous year[5]. - Total assets as of September 30, 2025, were ¥2,884,217,140.26, compared to ¥2,822,617,495.55 at the end of 2024, indicating a growth of about 2.2%[19]. - Total liabilities as of September 30, 2025, were ¥1,381,547,438.24, an increase from ¥1,240,952,546.89 at the end of 2024, reflecting a rise of approximately 11.3%[19]. - The company's total equity as of September 30, 2025, was ¥1,502,669,702.02, down from ¥1,581,664,948.66 at the end of 2024, indicating a decrease of about 5%[19].

Core Viewpoint - The major technology project "Precision Laser Welding Key Technology and Equipment for Large Cylindrical Battery Full Tab" has been officially launched in Wuhan, indicating a significant advancement in battery manufacturing technology and potential market growth in various applications [1]. Summary by Relevant Categories Project Objectives - The project focuses on developing laser welding technology for large cylindrical batteries, addressing challenges such as high-reflective materials, sudden changes in physical parameters, ultra-thin multi-layer full tab materials, and precise temperature control between tabs and separators [1]. Application Fields - The large cylindrical battery has broad application areas, including new energy vehicles, energy storage, electric two/three-wheelers, and low-altitude economy, suggesting a wide market potential [1]. Market Demand and Orders - The company currently has a sufficient order backlog for cylindrical cell equipment, indicating strong market demand and confidence in the growth of large cylindrical battery technology [1].

Core Viewpoint - The 2025 High-Performance Lithium Battery Annual Conference will showcase advancements in the cylindrical battery industry, highlighting its increasing penetration in the passenger vehicle market and diversification into various applications [2][3][4]. Group 1: Event Details - The 2025 High-Performance Lithium Battery Annual Conference will take place from November 18-20, 2025, at the JW Marriott Hotel in Shenzhen Qianhai [2][6]. - The event is organized by GGII and features various sponsors, including Hymson Laser and Dazhu Lithium Battery [2][6]. Group 2: Industry Trends - The cylindrical battery is gaining traction in the passenger vehicle market due to its advantages in energy density, fast charging, and safety, with notable applications from leading manufacturers like Tesla and BMW [3]. - The trend towards full-scene electrification is driving the cylindrical battery's diversification into sectors such as home energy storage, eVTOL, and lightweight power applications [4]. Group 3: Technological Advancements - Equipment companies are optimizing core processes like full-tab ear technology, which is crucial for the advancement of cylindrical battery production [5]. - Yifei Laser, a key player in the cylindrical battery manufacturing process, has made significant breakthroughs in full-tab ear forming and welding technologies, achieving mass production capabilities [11]. - The company has also partnered with leading firms to develop key technologies and equipment for precise laser welding of full-tab ear cylindrical batteries [11]. Group 4: Future Projections - GGII forecasts that China's cylindrical battery shipments will exceed 400 GWh by 2030, indicating strong future growth in this sector [10]. - Yifei Laser has successfully delivered the first batch of all-solid-state lithium metal cylindrical batteries, showcasing its technological foresight in next-generation battery solutions [12].

Group 1 - The company ST Yifei (688646.SH) plans to use up to RMB 450 million of temporarily idle raised funds for cash management [1] - The company and its subsidiaries intend to use up to RMB 500 million of temporarily idle self-owned funds for cash management [1]

国联民生证券承销保荐有限公司 关于武汉逸飞激光股份有限公司使用部分暂时闲置募集资 金及自有资金进行现金管理的核查意见 国联民生证券承销保荐有限公司（以下简称"国联民生"或"保荐机构"）作为 武汉逸飞激光股份有限公司（以下简称"逸飞激光"或"公司"）首次公开发行股份 并在科创板上市的持续督导保荐机构，根据《证券发行上市保荐业务管理办法》 《上海证券交易所科创板股票上市规则》《上市公司监管指引第 2 号——上市公 司募集资金管理和使用的监管要求》《上海证券交易所科创板上市公司自律监管 指引第 1 号——规范运作》等有关法律法规和规范性文件的要求，保荐机构对逸 飞激光拟使用部分暂时闲置募集资金及自有资金进行现金管理的事项进行了专 项核查，并发表如下意见： 一、本次使用部分暂时闲置募集资金和自有资金进行现金管理的基本情况 1、投资目的 为提高募集资金及自有资金的使用效率，在确保不影响募集资金投资项目建 设、不变相改变募集资金使用用途、不影响公司及子公司正常运营及确保资金安 全并有效控制风险的前提下，公司将合理使用部分暂时闲置募集资金及自有资金 进行现金管理，以更好地实现公司募集资金及自有资金的保值增值，增加公司收 益 ...

证券代码：688646 证券简称：ST 逸飞 公告编号：2025-072 武汉逸飞激光股份有限公司 关于使用部分暂时闲置募集资金及自有资金进行现 金管理的公告 已履行及拟履行的审议程序 公司于 2025 年 10 月 21 日召开了第二届董事会第十七次会议，审议通过了 《关于使用部分暂时闲置募集资金及自有资金进行现金管理的议案》，保荐机构 国联民生证券承销保荐有限公司（以下简称"保荐机构"）对使用暂时闲置募集 资金及自有资金进行现金管理的事项出具了明确无异议的核查意见。本事项无需 提交股东会审议。 特别风险提示 尽管公司使用募集资金购买安全性高、满足保本要求、流动性好、产品期限 不超过 12 个月的投资产品，使用自有资金购买安全性高、流动性好的投资产品， 总体风险可控，但金融市场受宏观经济的影响较大，不排除该投资受到市场波动 的影响，存在一定的系统性风险。公司将根据经济形势以及金融市场的变化适时 适量投资，降低市场波动引起的风险。 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： 基本情况 | 投资金额 | 95 ...

Group 1 - The company has significant technological reserves in machine vision, including positioning technology and digital online inspection technology, which are important components of its core technology system [2] - The company encourages investors to refer to its regular reports for detailed information on its technologies [2]

证券代码：688646 证券简称：ST 逸飞 公告编号：2025-071 武汉逸飞激光股份有限公司 关于第二期以集中竞价交易方式回购公司股份的进展 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。 武汉逸飞激光股份有限公司（以下简称"公司"）于 2025 年 2 月 4 日、2025 年 2 月 21 日分别召开第二届董事会第十一次会议和 2025 年第一次临时股东大会， 审议通过了《关于第二期以集中竞价交易方式回购公司股份方案的议案》,同意公 司通过上海证券交易所交易系统以集中竞价交易的方式进行股份回购，本次回购 的股份将在未来适宜时机用于股权激励/员工持股计划、注销并减少注册资本，其 中，拟用于股权激励/员工持股计划的股份数量不低于实际回购总量的 50%，拟用 于注销并减少注册资本的股份数量不高于实际回购总量的 50%。本次回购股份的 资金来源为公司自有资金和自筹资金（含股票回购专项贷款），资金总额不低于人 民币 5,000 万元（含），不超过人民币 10,000 万元（含），回购股份的价格不超过 人民币 56.17 ...

Core Insights - The collaboration between Yifei Laser and Jinyu New Energy has successfully developed and delivered the first batch of "Wuji" all-solid-state lithium metal cylindrical batteries, which exhibit high energy density, safety, and stability at temperatures above 150°C [1][2][3] Group 1: Technological Advancements - The "Wuji" all-solid-state lithium metal battery combines innovative technologies such as all-solid-state electrolytes and thermal composite winding processes, achieving breakthroughs in temperature adaptability and stability [3][4] - The development of gradient composite interface construction technology and dynamic self-healing control technology has enabled continuous production of solid-state electrolytes, addressing core manufacturing challenges [3][4] - The integration of cylindrical and all-tab designs significantly reduces internal resistance and enhances power performance, potentially improving production efficiency for large-scale manufacturing [4][5] Group 2: Market Potential - The global market for solid-state batteries is projected to reach several hundred billion to over a trillion yuan, with an expected shipment volume of 614.1 GWh by 2030, achieving a market penetration rate of 10% in the overall lithium battery market [5][6] - The unique characteristics of the "Wuji" battery position it well for rapid commercialization in high-end industrial applications, including drones, electric aircraft, underwater vehicles, and high-altitude operations [4][5] Group 3: Strategic Collaborations - Yifei Laser and Jinyu New Energy have established a comprehensive strategic partnership focusing on equipment development, process optimization, and market promotion for solid-state batteries [2][6] - The collaboration aims to create a benchmark smart manufacturing factory for solid-state batteries, enhancing efficiency and cost control across the entire industry chain [6]