Group 1 - The core point of the article is that Yuanchen Technology (688659.SH) reported its Q3 financial results, showing a revenue increase but a decline in net profit [1] Group 2 - For the first three quarters of 2025, the company achieved total operating revenue of 514 million yuan, representing a year-on-year growth of 11.74% [1] - The net profit attributable to shareholders of the parent company was 5.4688 million yuan, reflecting a year-on-year decrease of 19.84% [1] - The basic earnings per share were reported at 0.03 yuan [1]

证券代码：688659 证券简称：元琛科技 公告编号：2025-041 安徽元琛环保科技股份有限公司 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 公司已于 2025 年 10 月 31 日在上海证券交易所网站（www.sse.com.cn）披 露了《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经 营业绩、发展战略等情况，公司定于 2025 年 11 月 17 日（星期一）10:00-11:00 在"价值在线"（www.ir-online.cn）召开公司 2025 年第三季度业绩说明会， 会议召开时间：2025 年 11 月 17 日（星期一）10:00-11:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 会 议 问 题 征 集 ： 投 资 者 可 于 2025 年 11 月 17 日 前 访 问 网 址 https://eseb.cn/1sJFWdgmJj2 或使用微信扫描下 ...

Financial Performance - The company's operating revenue for the third quarter was ¥161,728,749.28, an increase of 13.54% compared to the same period last year[3] - The total profit for the quarter was a loss of ¥3,328,175.02, representing a decrease of 406.72% year-on-year[3] - The net profit attributable to shareholders was a loss of ¥3,346,560.10, down 1,014.61% compared to the previous year[3] - Total operating revenue for the first three quarters of 2025 reached ¥513.74 million, an increase of 11.7% compared to ¥459.76 million in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥5.47 million, a decrease of 19.9% from ¥6.82 million in the same period of 2024[21] - The company's basic earnings per share for the first three quarters of 2025 was ¥0.03, down from ¥0.04 in 2024[21] Research and Development - Research and development expenses totaled ¥10,142,843.38, a decrease of 6.16% year-on-year, accounting for 6.27% of operating revenue[4] - Research and development expenses for the first three quarters of 2025 amounted to ¥26.82 million, compared to ¥25.01 million in 2024, indicating a growth of 7.2%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,302,396,824.98, reflecting a 2.96% increase from the end of the previous year[4] - The total assets of the company as of the reporting date were ¥1,302.40 million, an increase from ¥1,264.90 million in the previous year[18] - Total liabilities increased to ¥765.82 million from ¥715.19 million, representing a rise of 7.1%[18] Cash Flow - The company reported a net cash flow from operating activities of ¥36,335,855.96, which decreased by 7.38% year-to-date[3] - Cash inflow from operating activities for the first three quarters of 2025 was $415.45 million, an increase from $393.64 million in the same period of 2024, representing a growth of approximately 5.5%[23] - Net cash flow from operating activities for the first three quarters of 2025 was $36.34 million, compared to $39.23 million in 2024, indicating a decrease of about 7.3%[23] - The ending cash and cash equivalents balance for the first three quarters of 2025 was $57.48 million, down from $135.51 million in 2024, a decrease of approximately 57.6%[24] Shareholder Information - The total number of ordinary shares at the end of the reporting period is 7,217[13] - The largest shareholder, Xu Hui, holds 59,337,960 shares, representing 37.09% of the total shares[13] - The company has a total of 4,896,476 shares in its repurchase account, accounting for 3.06% of total shares[14] - The company has not reported any changes in the top 10 shareholders due to securities lending activities[15] Other Financial Metrics - The weighted average return on net assets was -0.60%, a decrease of 0.55 percentage points compared to the previous year[4] - The company reported a credit impairment loss of ¥9.94 million for the first three quarters of 2025, compared to a loss of ¥2.94 million in the same period of 2024[20] - The company received government subsidies amounting to ¥2,914,628.31, which are closely related to its normal business operations[8] Inventory and Receivables - Accounts receivable increased to ¥295,699,965.33 from ¥278,130,977.42 year-over-year[16] - Inventory stood at ¥109,830,037.39, up from ¥102,550,089.53 compared to the previous year[16] - The company experienced a significant increase in prepayments, which rose by 351.95% due to higher material payments[9] - The number of prepayments increased significantly to ¥28,148,773.42 from ¥6,228,249.89[16] - The company recorded a decrease in long-term receivables by 67.40% as they matured[9] - The total amount of other receivables rose to ¥37,381,668.07 from ¥24,910,192.50[16] Cash and Financial Assets - The company reported cash and cash equivalents of ¥78,104,738.40 as of September 30, 2025, down from ¥84,307,501.47 at the end of 2024[16] - The company has a total of ¥55,000,000.00 in trading financial assets, slightly down from ¥55,068,979.17[16]

Core Points - The company has approved the first vesting period of its 2024 restricted stock incentive plan, allowing for the vesting of 2.315 million shares to 73 eligible participants [2][10][28] - The shares are sourced from the company's repurchase of its A-share common stock from the secondary market, with a grant price of 3.78 yuan per share [2][12][15] - The incentive plan includes performance assessment criteria at both company and individual levels, with specific targets set for revenue and net profit for the years 2024-2025 [5][6][11] Group 1: Incentive Plan Details - The total number of restricted shares to be granted under the incentive plan is 4.7 million, representing 2.94% of the company's total share capital [2][3] - The first vesting period for the granted shares is from September 30, 2025, to September 29, 2026 [11] - The vesting conditions require a minimum of 12 months of service for the participants before the shares can vest [5][11] Group 2: Approval and Implementation Process - The board of directors held a meeting on October 10, 2025, to review and approve the vesting conditions for the first period [10][28] - The plan was initially approved in a board meeting on September 6, 2024, followed by a public disclosure of the incentive plan and its participants [7][19] - The company has complied with all necessary legal and regulatory requirements throughout the approval process [24][29] Group 3: Stock Cancellation - The company has also announced the cancellation of 70,000 shares from the incentive plan due to the departure of three participants, which is in accordance with the relevant regulations [17][21][29] - This cancellation will not significantly impact the company's financial status or the stability of its management team [22][23]

Company Overview - Yuanchen Technology (SH 688659) announced on October 10 that its third board meeting will be held on October 10, 2025, to discuss the proposal to cancel certain unvested restricted stock grants [1] - As of the report, Yuanchen Technology has a market capitalization of 1.7 billion yuan [1] Revenue Composition - For the year 2024, Yuanchen Technology's revenue composition is as follows: specialized equipment accounts for 94.93%, other products account for 4.92%, protective equipment accounts for 0.12%, and other business activities account for 0.03% [1]

1、2024年9月6日，公司召开第三届董事会第十五次会议，审议通过了《关于 <公司2024年限制性股票激励计划（草案）>及其摘要的议案》《关于<公司2024 年限制性股票激励计划实施考核管理办法>的议案》及《关于提请股东大会授 权董事会办理公司股权激励计划相关事宜的议案》。 证券代码：688659 证券简称：元琛科技 公告编号：2025-039 安徽元琛环保科技股份有限公司 关于作废部分已授予尚未归属的限制性股票的公告 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。 安徽元琛环保科技股份有限公司（以下简称"公司"）于2025年10月10日 召开第三届董事会第二十二次会议，审议通过了《关于作废部分已授予尚未归 属的限制性股票的议案》，因部分激励对象离职，根据《上市公司股权激励管 理办法》《公司2024年限制性股票激励计划（草案）》的相关规定，对2024年限 制性股票激励计划（以下简称"2024年激励计划"或"本次激励计划"）中已 授予但尚未归属的限制性股票7万股予以作废处理。现将相关事项公告如下： 一、公司2024年激励计划 ...

证券代码：688659 证券简称：元琛科技 公告编号：2025-038 安徽元琛环保科技股份有限公司 关于2024年限制性股票激励计划 第一个归属期符合归属条件的公告 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： 限制性股票拟归属数量：231.50万股 归属股票来源：公司从二级市场回购的公司A股普通股股票 安徽元琛环保科技股份有限公司（以下简称"公司"）于2025年10月10日召 开的第三届董事会第二十二次会议，审议通过了《关于2024年限制性股票激励计 划第一个归属期符合归属条件的议案》。公司2024年限制性股票激励计划（以下 简称"本次激励计划"）第一个归属期符合归属条件。现将有关事项说明如下： 一、股权激励计划批准及实施情况 （一）本次激励计划方案及履行的程序 1、本次激励计划主要内容 （1）股权激励方式及股票来源：第二类限制性股票；股票来源为公司从二 级市场回购的公司A股普通股股票。 （2）授予数量：本次激励计划拟授予激励对象的限制性股票数量为470.00 万股，占本次激励计划草案公告时公司股本总 ...

安徽承义律师事务所 关于安徽元琛环保科技股份有限公司 2024 年限制性股票激励计划 作废及归属相关事项 之 法律意见书 安徽承义律师事务所 ANHUI CHENGYI LAW FIRM 地址：合肥市怀宁路 200 号置地广场柏悦中心 5 层 邮编：230041 传真：0551-65608051 电话：0551-65609815 1 安徽承义律师事务所 关于安徽元琛环保科技股份有限公司 2024 年 限制性股票激励计划作废及归属相关事项 之法律意见书 (2024)承义法字第 00246-2 号 致：安徽元琛环保科技股份有限公司 安徽承义律师事务所（以下简称"本所"）接受安徽元琛环保科技股份有限 公司（以下简称"公司"或"元琛科技"）的委托，指派司慧、张亘律师（以下 简称"本律师"）作为元琛科技 2024 年实施限制性股票激励计划（以下简称 "《激励计划》"或"本次激励计划")相关事宜的专项法律顾问。本律师根据 《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证 券法》（以下简称"《证券法》"）、中国证券监督管理委员会（以下简称"中 国证监会"）发布的《上市公司股权激励管理办法》（以下简称" ...

证券代码：688659 证券简称：元琛科技 公告编号：2025-037 安徽元琛环保科技股份有限公司 第三届董事会第二十二次会议决议公告 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、董事会会议召开情况 安徽元琛环保科技股份有限公司（简称"公司"）第三届董事会第二十二 次会议于2025年10月10日在公司会议室以现场结合通讯方式召开。会议通知于 2025年9月30日以通讯方式送达，会议应出席董事9人，实际出席董事9人。 本次会议由公司董事长徐辉先生召集并主持，会议的召集及召开程序符合 《中华人民共和国公司法》（以下简称"《公司法》"）等有关法律、法规、 部门规章及《公司章程》的有关规定。 二、董事会会议审议情况 经与会董事表决，审议通过了如下议案： （一）审议通过《关于2024年限制性股票激励计划第一个归属期符合归属条件 的议案》 安徽元琛环保科技股份有限公司董事会 2025年10月11日 表决结果：同意4票，反对0票，弃权0票。关联董事徐辉、梁燕、陈志、 郑文贤、古俊飞回避表决。 根据《上市公司股权激励管理办法》《 ...

安徽元琛环保科技股份有限公司董事会薪酬与考核 委员会关于2024年限制性股票激励计划 第一个归属期归属名单的核查意见 安徽元琛环保科技股份有限公司（以下简称"公司"）董事会薪酬与考核委 员会依据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民 共和国证券法》（以下简称"《证券法》"）、《上市公司股权激励管理办法》（ 以下简称"《管理办法》"）、《科创板上市公司自律监管指南第4号——股权激 励信息披露》（以下简称"《监管指南》"）、《上海证券交易所科创板股票上 市规则》（以下简称"《上市规则》"）等相关法律、法规及规范性文件和《安 徽元琛环保科技股份有限公司章程》（以下简称"《公司章程》"）的有关规定 对公司2024年限制性股票激励计划第一个归属期归属名单进行审核，发表核查 意见如下： 本次拟归属的73名激励对象符合《公司法》《证券法》等法律、法规和规范 性文件以及《公司章程》规定的任职资格，符合《管理办法》《监管指南》《上市 规则》等法律、法规和规范性文件规定的激励对象条件，符合上述相关激励计划 规定的激励对象范围，其作为公司激励计划激励对象的主体资格合法、有效，相 关归属期归属条件已成就。 综 ...