证券代码：688669 证券简称：聚石化学 公告编号：2025-063 广东聚石化学股份有限公司 关于召开2025年第四次临时股东会的通知 本公司董事会及全体董事保证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、召开会议的基本情况 （一） 股东会类型和届次 2025年第四次临时股东会 召开日期时间：2025 年 11 月 13 日 14 点 30 分 召开地点：广东省清远市高新技术产业开发区雄兴工业城 B6 广东聚石化学 股份有限公司二楼会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 11 月 13 日 至2025 年 11 月 13 日 股东会召开日期：2025年11月13日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 （二） 股东会召集人：董事会 （三） 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 （四） 现场会议召开的日期、时间和地点 网投票平台的投票时间为股东会召开当日的 9:15-15 ...

证券代码：688669 证券简称：聚石化学 公告编号：2025-060 广东聚石化学股份有限公司 第七届董事会第五次会议决议公告 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 广东聚石化学股份有限公司（以下简称"公司"）第七届董事会第五次会议 于 2025 年 10 月 27 日以现场结合通讯的方式召开。会议通知及相关材料于 2025 年 10 月 23 日以通讯形式送达公司全体董事。本次会议应出席董事 9 人，实际 出席董事 9 人。会议由董事长陈钢先生主持，公司高级管理人员列席了本次会 议。本次会议的召集、召开和表决程序符合《中华人民共和国公司法》《上海 证券交易所科创板股票上市规则》等相关法律法规、行政法规、规范性文件和 《广东聚石化学股份有限公司章程》的有关规定，会议决议合法、有效。 二、董事会会议审议情况 本次会议由董事长陈钢先生主持，经全体董事表决，形成决议如下： （一）审议通过《关于 2025 年第三季度报告的议案》 同意续聘中兴华会计师事务所（特殊普通合伙）为公司 2025 年度审 ...

Financial Performance - The company's operating revenue for the third quarter was approximately CNY 986.58 million, a decrease of 0.81% compared to the same period last year[4] - The total profit for the year-to-date period was approximately CNY 11.82 million, reflecting a decrease of 7.17% year-on-year[4] - The net profit attributable to shareholders for the third quarter was approximately CNY 2.89 million, while the year-to-date net profit was approximately CNY 5.77 million[4] - Total operating revenue for the first three quarters of 2025 was CNY 2,963,304,503.96, a decrease of 7.16% compared to CNY 3,192,286,393.39 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was CNY 17,170,404.21, a significant recovery from a net loss of CNY 5,084,136.03 in the same period of 2024[20] - The gross profit margin for the first three quarters of 2025 improved, with operating profit recorded at CNY 11,975,993.40 compared to a loss of CNY 16,691,786.46 in 2024[20] - The company reported a basic and diluted earnings per share of CNY 0.05 for the first three quarters of 2025, recovering from a loss of CNY 0.08 per share in the same period of 2024[21] Cash Flow - The net cash flow from operating activities for the third quarter was approximately CNY 34.48 million, down 22.14% compared to the previous year[4] - In the first three quarters of 2025, the net cash flow from operating activities was ¥160,476,330.60, compared to ¥164,801,030.17 in the same period of 2024, showing a slight decrease of 2%[22] - Total cash inflow from operating activities in 2025 was ¥3,484,495,442.36, while cash outflow was ¥3,324,019,111.76, resulting in a net cash inflow of ¥160,476,330.60[22] - Cash inflow from investment activities in 2025 was ¥43,748,990.56, significantly higher than ¥10,731,228.81 in 2024, marking an increase of approximately 307%[23] - The net cash flow from investment activities was -¥134,953,892.96 in 2025, compared to -¥380,964,245.69 in 2024, indicating an improvement of 64%[23] - Cash inflow from financing activities totaled ¥1,478,252,256.80 in 2025, while cash outflow was ¥1,526,411,124.63, resulting in a net cash outflow of -¥48,158,867.83[23] Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 5.39 billion, an increase of 5.46% from the end of the previous year[5] - The total liabilities increased to CNY 2.73 billion, compared to CNY 2.54 billion at the end of 2024, indicating a rise of approximately 7.5%[16] - Total liabilities increased to CNY 3,884,360,492.41 in 2025 from CNY 3,619,763,326.04 in 2024, reflecting a growth of 7.33%[19] - Total equity increased to CNY 1,503,416,488.70 in 2025 from CNY 1,489,268,484.22 in 2024, indicating a growth of 0.87%[19] Research and Development - Research and development expenses totaled approximately CNY 34.76 million for the quarter, representing 3.52% of operating revenue, an increase of 0.2 percentage points year-on-year[5] - Research and development expenses for the first three quarters of 2025 were CNY 100,707,191.80, up from CNY 95,908,291.01 in 2024, showing a year-over-year increase of 7.88%[19] Shareholder Information - The company’s major shareholder, Guangzhou Shipan Stone Investment Management Co., Ltd., holds a 39.43% stake, with no shares under pledge or freeze[12] Other Income - The company recognized government subsidies amounting to approximately CNY 17.09 million during the quarter, contributing to its non-recurring gains[7] - The company achieved investment income of CNY 17,007,477.31 in 2025, a significant increase from CNY 1,811,817.23 in 2024[19] Comprehensive Income - Other comprehensive income after tax for the first three quarters of 2025 was CNY -4,099,593.18, compared to CNY 1,803,925.78 in 2024, indicating a decline in comprehensive income[20] Current Assets - As of September 30, 2025, total current assets amounted to approximately CNY 2.60 billion, an increase from CNY 2.38 billion as of December 31, 2024, representing a growth of about 9.1%[15] - The company's cash and cash equivalents increased to CNY 179.81 million from CNY 151.82 million, reflecting a growth of approximately 18.5%[15] - Accounts receivable rose to CNY 1.08 billion, up from CNY 901.33 million, indicating an increase of around 20.2%[15] - The company's inventory decreased to CNY 724.12 million from CNY 754.13 million, showing a decline of about 4.0%[15] - The company reported a significant increase in other receivables, which rose to CNY 74.11 million from CNY 23.22 million, a growth of about 218.5%[15]

聚石化学公告，第三季度营收为9.87亿元，同比下降0.81%；净利润为289.43万元。前三季度营收为 29.63亿元，同比下降7.17%；净利润为576.84万元。 ...

Market Overview - The three major indices opened lower, with the storage chip sector experiencing significant declines. As of the opening, the Shanghai Composite Index was at 3986.89 points, down 0.25%; the Shenzhen Component Index was at 13411.67 points, down 0.58%; and the ChiNext Index was at 3205.44 points, down 0.90% [1] Policy Developments - The Chinese Foreign Minister Wang Yi and U.S. Secretary of State Rubio discussed the importance of U.S.-China relations and the need for high-level interactions to send positive signals to the world [2] - The Chairman of the China Securities Regulatory Commission (CSRC), Wu Qing, announced plans to deepen reforms in the ChiNext board, aiming to establish listing standards that better align with the characteristics of innovative enterprises in emerging sectors [2] - The People's Bank of China (PBOC) Governor Pan Gongsheng indicated that the bond market is operating well and that the central bank will resume open market operations for government bonds [2] - The CSRC released opinions to enhance the protection of small investors in the capital market, including mechanisms to encourage long-term holding of new shares [3] - The CSRC also published a plan to optimize the Qualified Foreign Institutional Investor (QFII) system, aiming to attract more long-term foreign capital [3] Industry Updates - Domestic gasoline and diesel prices were reduced on October 27, with a decrease of 265 yuan per ton for gasoline and 255 yuan per ton for diesel, translating to a reduction of 0.21 yuan per liter for 92-octane gasoline [3] - Lingyi iTech announced that it has received over a hundred orders for complete machine assembly from major clients [4] - Zhenyu Technology plans to invest 2.11 billion yuan in a humanoid robot precision module and components project [5] - China Nuclear Engineering announced that its subsidiary signed a construction contract for the Haiyang Nuclear Power Units 5 and 6 [5] - Chang'an Automobile stated that it is developing a new energy unmanned intelligent vehicle in collaboration with JD.com [5] Financial Performance - EVE Energy announced a preliminary transfer price of 72.2 yuan per share, representing a 6.1% discount from the closing price [6] - Tongfu Microelectronics reported a 95.08% year-on-year increase in net profit for the third quarter [6] - Several companies, including Gaode Infrared and North Rare Earth, reported significant year-on-year profit growth, with increases of 1059% and 280% respectively [6][7] - Beijing Junzheng reported a 19.75% year-on-year decline in net profit for the third quarter [7] International Market Insights - The U.S. stock market saw all three major indices rise, with the Nasdaq up 1.86%, the S&P 500 up 1.23%, and the Dow Jones up 0.71% [8] - Qualcomm launched AI chips to compete with Nvidia in the data center market, with the AI200 and AI250 expected to be commercially available in 2026 and 2027 [8][10] - The S&P 500 companies reported that nearly 70% exceeded quarterly sales expectations, potentially marking the highest number of such companies in four years [10]

Group 1 - Wang Yi, the Foreign Minister, communicated with U.S. Secretary of State Rubio, expressing hope for mutual efforts to prepare for high-level interactions and create conditions for the development of China-U.S. relations [2] - The People's Bank of China will maintain a supportive monetary policy stance, resume open market operations for government bonds, and explore measures to support personal credit repair [2][3] - The National Bureau of Statistics reported that profits of industrial enterprises above designated size increased by 21.6% year-on-year in September, with high-tech manufacturing and equipment manufacturing showing rapid growth [3] Group 2 - The State Administration of Foreign Exchange will introduce nine new policy measures focusing on trade facilitation, including expanding cross-border trade pilot programs and optimizing foreign exchange fund settlement for new trade entities [3] - The Ministry of Finance reported that in September, central government revenue was 691.3 billion yuan, while expenditure was 1.5844 trillion yuan [4] - The 138th Canton Fair saw participation from nearly 240,000 overseas buyers from 223 countries and regions, marking a 6.8% increase compared to the previous session [4] Group 3 - The China Securities Regulatory Commission (CSRC) released a plan to optimize the Qualified Foreign Institutional Investor (QFII) system, enhancing its attractiveness to long-term foreign capital [5] - The CSRC also issued opinions on strengthening the protection of small and medium investors in the capital market, proposing 23 specific measures across various aspects [5] - A-share market saw significant gains, with the Shanghai Composite Index approaching the 4000-point mark, driven by strong performance in technology stocks [5][6] Group 4 - The Hong Kong Hang Seng Index closed up 1.05%, with notable gains in pharmaceutical and materials sectors, while Southbound funds recorded a net purchase of 2.873 billion HKD [6] - The Shanghai Stock Exchange announced the third advisory committee member list, including founders from various tech companies [6] - New listings on the STAR Market include He Yuan Bio, Xi'an Yicai, and Bibet, with a total of 758,000 investor accounts opening trading permissions for the STAR Growth Layer [6] Group 5 - QFII holdings in A-shares reached 1.018 billion shares, valued at approximately 21.283 billion yuan, with a focus on cyclical sectors like non-ferrous metals and electricity [7] - Five listed securities firms have disclosed their Q3 reports, showing growth in both revenue and net profit, indicating a recovery in brokerage and asset management businesses [7] Group 6 - The central bank's market operations led to a significant drop in bond yields, with the 30-year special government bond yield falling by 5.75 basis points [18] - The trading association emphasized the need for stricter supervision of funds raised through debt financing tools [18] - Hebei Province disclosed special bond issuance information, with 4.738 billion yuan allocated for land storage, marking a pilot area for non-self-examination [18] Group 7 - The U.S. stock market saw all three major indices rise, with the Dow Jones up 0.71% and the Nasdaq up 1.86%, driven by easing international trade tensions [16] - European stock indices also experienced slight increases, reflecting improved market sentiment following U.S.-China trade discussions [16] - The Nikkei 225 index in Japan closed above 50,000 points for the first time, indicating strong market performance [16] Group 8 - The international gold futures market saw a decline, with COMEX gold futures dropping by 3.40% [20] - Brent crude oil futures experienced a slight decrease, while U.S. oil futures rose marginally [20] - The OPEC+ group is expected to discuss a slight increase in oil production at their upcoming meeting [21]

Major Events - Guizhou Moutai's chairman Zhang Deqin resigned due to work adjustments, with Chen Hua recommended as the new chairman [4] - Kid King plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy [5] - Postal Savings Bank received approval to establish a financial asset investment company with a registered capital of 10 billion RMB [6] - Seres announced that the maximum price for its H-share issuance will not exceed 131.5 HKD per share [7] - China Bank appointed Liu Chenggang as vice president [8] - ST Guangwu's stock will be delisted from risk warning and renamed to "Guanghui Logistics" [9] - Wireless Media's initial pricing for share transfer is set at 29.11 RMB per share [10] - Jiangshan Oupai's subsidiaries in Henan and Chongqing will cease operations due to insufficient orders and will transfer business to Zhejiang [11][12] - Zhenyu Technology plans to invest 2.11 billion RMB in precision component manufacturing and humanoid robot projects [13] - Jinyuan Co.'s general manager Lian Changyun resigned, with Qiu Yongping appointed as the new general manager [14] Performance Overview - CanSino reported a Q3 net profit of 27.93 million RMB, up 842.01% year-on-year [15] - Jiangshan Co. achieved a Q3 net profit of 86.73 million RMB, a significant increase of 11,890.01% year-on-year [16] - Yingshi Innovation's Q3 net profit decreased by 15.90% to 272 million RMB [17] - Chip Origin reported a Q3 net loss of 26.85 million RMB [18] - Tonghua Dongbao's Q3 net profit surged by 499.86% to 984 million RMB [19] - Hengrui Medicine's Q3 net profit increased by 9.53% to 1.301 billion RMB [20] - Zhongguang Lightning's Q3 net profit rose by 382.66% to 6.46 million RMB [21] - Ice River Network's Q3 net profit grew by 244.58% to 166 million RMB [22] - Daheng Technology's Q3 net profit skyrocketed by 1,960.72% to 71.48 million RMB [23] - Yanjin Puzhi's Q3 net profit increased by 33.55% to 232 million RMB [24] - Sichuan Gold's Q3 net profit reached 160 million RMB, up 184.38% year-on-year [26] - Sanbo Brain Science's Q3 net profit fell by 63.26% to 13.93 million RMB [27] - Hengli Petrochemical's Q3 net profit rose by 81.47% to 1.972 billion RMB [28] - Deepin Technology's Q3 net profit surged by 1,097.40% to 147 million RMB [29] - Huisheng Biological's Q3 net profit increased by 1,575.79% to 70.72 million RMB [30] - Gaode Infrared's Q3 net profit grew by 1,143.72% to 401 million RMB [31] - Qingdao Beer reported a Q3 net profit of 1.37 billion RMB, up 1.62% [32] - Nanjing Public Utilities' Q3 net profit soared by 2,492.12% to 84.62 million RMB [34] - Zhangyuan Tungsten's Q3 net profit increased by 118.56% to 75.02 million RMB [35] - Yongmaotai's Q3 net profit rose by 6,319.92% to 30.41 million RMB [36] - Northern Rare Earth's Q3 net profit increased by 69.48% to 610 million RMB [37] - Hunan Gold's Q3 net profit grew by 63.13% to 373 million RMB [38] - Wansheng Intelligent's Q3 net profit increased by 205.56% to 67.13 million RMB [39] - Saiwei Electronics reported a Q3 net profit of 1.576 billion RMB, up 2,199.10% [40] Financing Activities - Lingzhi Software is planning to acquire control of Kaimiride and raise matching funds [41] Major Contracts - High-speed Rail Electric has pre-qualified for a 62.39 million RMB urban rail transit project [42]

Core Insights - The company reported a significant revenue increase of 92.64% year-on-year for Q3 2025, reaching 2.94 billion yuan, with a total revenue of 6.61 billion yuan for the first three quarters, reflecting a 67.18% growth [1][2] - The strong performance is attributed to market expansion and positive reception of new products [1] - R&D investment remains high, with over 1 billion yuan spent in the first three quarters and 524 million yuan in Q3 alone, marking a 164.81% increase year-on-year, constituting 17.81% of revenue [1] - The company is focusing on core areas such as panoramic imaging technology and AI algorithms, while also investing in forward-looking projects like custom chips [1] - Despite the high R&D costs impacting short-term profits, the net profit for Q3 was 272 million yuan, a decrease of 15.9% year-on-year; however, excluding proactive investments for future development, profit metrics would have exceeded last year's figures [1] Product Development - The company has nearly 1,000 authorized patents domestically and internationally, translating into competitive product advantages [2] - In Q3, the product matrix was expanded to meet diverse consumer and enterprise needs, including the launch of limited edition consumer products and new handheld devices [2] - The enterprise business line was also enhanced with the introduction of an AI omnidirectional microphone, completing the audio ecosystem and improving overall imaging solutions [2]

Core Insights - The article highlights the transformative role of thermoplastic composites in the automotive manufacturing landscape, particularly in the context of the electric vehicle (EV) industry, emphasizing their advantages in lightweighting, recyclability, and safety performance [1][9]. Industry Overview - Thermoplastic composites are defined as composite materials made from thermoplastic polymers reinforced with various fibers, such as carbon and glass fibers, specifically applied in the EV sector [3]. - The market size for China's thermoplastic composites in the EV sector is projected to reach 13.4 billion yuan in 2024, with a year-on-year growth of 13.4%, and is expected to grow to 16.7 billion yuan by 2025 [1][9]. Industry Policies - Recent policies, such as the Shanghai government's action plan for high-quality development in low-altitude economy, emphasize the integration of advanced materials like thermoplastic composites into strategic development [4]. - The Ministry of Industry and Information Technology's plan for the construction materials industry supports the application of composite materials in various sectors, including automotive [5]. Industry Value Chain - The thermoplastic composites industry in China has established a complete value chain, from raw material supply (fibers and resins) to manufacturing and final application in EVs [6]. - Carbon fiber, a key reinforcement material, significantly enhances the mechanical properties and lightweight characteristics of composites, contributing to the performance of EV components [6]. Market Trends - The global market for thermoplastic composites in the EV sector is expected to grow from 52.11 million tons in 2024 to 58.28 million tons in 2025, and further to 94.35 million tons by 2030 [8][9]. - The rapid growth in EV production and sales in China, from 340,500 units in 2015 to 12.89 million units in 2024, drives the demand for thermoplastic composites [6]. Competitive Landscape - The industry features a mix of international leaders like DuPont and domestic players such as Kingfa Technology and Nanjing Julong, creating a diverse competitive environment [10]. - Kingfa Technology reported a revenue of 31.64 billion yuan in the first half of 2025, reflecting a year-on-year growth of 35.5% [11]. Future Development Trends - Innovations in material systems are anticipated, including the development of self-healing and shape-memory thermoplastic composites, enhancing safety and longevity [12]. - The integration of digital and biological manufacturing technologies is expected to revolutionize production processes, leading to intelligent upgrades in composite manufacturing [14]. - A new circular economy model is being proposed, focusing on programmable degradation materials and blockchain technology for material traceability, aligning with the environmental goals of the EV industry [15].

Group 1: Event Overview - The 2025 World VR Industry Conference will be held on October 19-20 in Nanchang, organized by the Jiangxi Provincial Government and other local authorities, focusing on the rapid application of VR technology [1] - The theme of the conference is "VR+AI Opens the Intelligent Future," aiming to create a high-end platform for deep integration of technology and industry [1] - The conference will feature five specialized matchmaking sessions and four corporate ecosystem forums, including topics like "AI+VR Integration Innovation" and "Huawei Ecosystem Forum" [2] Group 2: Industry Development in Jiangxi - Jiangxi Province has rapidly developed its VR industry, with a projected revenue of 110 billion yuan in 2024, marking a 9.34% year-on-year growth and a 26-fold increase since 2018 [3] - The province hosts over 400 VR companies, including major players like Huawei, Alibaba, and Lenovo, contributing to a robust industrial ecosystem [3] - The National Virtual Reality Innovation Center has made significant technological breakthroughs since its establishment in 2022, enhancing capabilities in key areas such as 3D reconstruction and gesture tracking [3] Group 3: Stock Market Performance - VR-related stocks in the A-share market have seen an average increase of over 28%, with companies like Changying Precision and Kehua Data doubling their stock prices this year [4] - Four VR concept stocks have released third-quarter earnings forecasts, all indicating significant profit increases, with Shuo Beid expecting a net profit growth of 1258.39% to 1313.24% [5] - Northbound capital has significantly increased its holdings in VR concept stocks, with 18 stocks seeing over 10% increases in shareholding during the third quarter [6]