证券代码：688671 证券简称：碧兴物联 公告编号：2025-046 碧兴物联科技（深圳）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、准确性和完整性承担法律责任。 重要内容提示： （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 10 月 31 日（星期五）至 11 月 6 日（星期四）16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@bx-tec.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2025 年 11 月 7 日（星期五）上午 9:00-10:00 会议召开时间：2025 年 11 月 7 日（星期五）上午 9:00-10:00 会议召开地点：上海证券交易所上证路演中心 （二）会议召开地点： 上海证券交易所上证路演中心（网址：https://roadshow.sseinfo.com/） （三）会 ...

Financial Performance - The company's operating revenue for the third quarter was ¥73,616,485.10, an increase of 16.20% compared to the same period last year[3] - The total profit for the third quarter was -¥20,934,214.03, with a year-to-date total profit of -¥50,612,622.58[3] - The net profit attributable to shareholders for the third quarter was -¥16,402,645.06, and the year-to-date net profit was -¥40,315,891.33[3] - Total operating revenue for the first three quarters of 2025 reached ¥184,921,572.80, an increase of 13.1% compared to ¥163,483,319.65 in the same period of 2024[17] - Net loss for the first three quarters of 2025 was ¥40,149,370.62, compared to a net loss of ¥11,011,109.30 in the same period of 2024, representing a significant increase in losses[18] - The company's operating profit for the first three quarters of 2025 was -¥50,241,269.26, worsening from -¥17,074,523.75 in the first three quarters of 2024[17] - The total comprehensive loss for the first three quarters of 2025 was -¥40,149,370.62, compared to -¥11,011,109.30 in the same period of 2024, indicating a worsening financial position[18] Research and Development - Research and development expenses totaled ¥13,112,046.93 for the quarter, representing 17.81% of operating revenue, an increase of 0.34 percentage points year-on-year[4] - Research and development expenses increased to ¥35,082,805.83 in the first three quarters of 2025, compared to ¥29,023,590.23 in the same period of 2024, reflecting a 20.9% increase[17] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,336,222,375.36, a decrease of 3.28% from the end of the previous year[4] - The total current assets decreased to 1.26 billion RMB from 1.30 billion RMB as of December 31, 2024[14] - The company's accounts receivable stood at 225.73 million RMB, slightly down from 238.48 million RMB[13] - The inventory increased to 246.42 million RMB compared to 224.52 million RMB at the end of 2024[13] - The total assets decreased to 1.34 billion RMB from 1.38 billion RMB as of December 31, 2024[14] - The company's long-term equity investments decreased to 1.17 million RMB from 1.82 million RMB[14] - The company's accounts payable increased to 84.35 million RMB from 81.77 million RMB[14] - The company reported a decrease in total non-current assets to 79.29 million RMB from 81.63 million RMB[14] - The total liabilities decreased to ¥267,331,648.95 in the latest reporting period from ¥275,760,972.72 in the previous year[15] - The total equity attributable to shareholders decreased to ¥1,063,702,995.68 from ¥1,100,787,802.55 year-over-year[15] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥47,036,843.25, reflecting a significant decline of 128.79%[3] - Cash received from sales of goods and services was ¥224,480,049.81 in the first three quarters of 2025, compared to ¥212,021,789.64 in the same period of 2024, indicating a growth in cash flow from operations[21] - Net cash flow from operating activities was -47,036,843.25, a significant decrease compared to 163,401,124.64 in the previous period[22] - Total cash inflow from investment activities was 1,614,489,632.02, while cash outflow was 1,745,495,575.37, resulting in a net cash flow of -131,005,943.35[22] - Cash inflow from financing activities totaled 50,784,361.11, while cash outflow was 151,295,739.19, leading to a net cash flow of -4,680,993.21[23] - The ending balance of cash and cash equivalents was 196,835,355.20, down from 379,559,135.01 at the beginning of the period[23] - Cash received from other operating activities amounted to 31,536,881.64, compared to 227,803,481.17 in the previous period[22] - Cash paid for purchasing goods and services was 159,243,844.01, an increase from 142,392,250.45 in the previous period[22] - Cash received from investment activities related to other sources was 1,614,265,968.56, compared to 1,953,331,788.19 previously[22] - Cash paid for other investment activities was 1,744,800,000.00, down from 2,016,860,000.00 in the previous period[22] - Cash received from tax refunds was 607,021.38, compared to 2,144,952.57 in the previous period[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,182[10] Equipment Returns - The company expects to incur a total of 131 equipment returns, impacting revenue by -14.2743 million RMB and net profit by -6.6424 million RMB[12] Accounting Standards - The company will not apply new accounting standards starting from 2025[24]

Group 1 - The China Marine Economy Expo, known as "China's First Marine Exhibition," was held from October 28 to 30 in Shenzhen, focusing on marine technology and the blue economy [1] - Over 300 leading enterprises participated in the expo, showcasing innovations across the entire marine industry chain [1] - Bixing Wulian presented its digital marine solutions and smart monitoring products, demonstrating its technological capabilities in marine environmental perception, disaster early warning, and ecological health assessment [1] Group 2 - Bixing Wulian has developed a comprehensive monitoring network covering nearshore to deep-sea areas based on an integrated monitoring concept [1] - The exhibited marine buoy monitoring system features industry-first on-site data quality control, enabling long-term, continuous, and all-weather operation to provide early warnings for various marine disasters [1] - The storm surge intelligent warning system utilizes high-precision sensors and smart algorithms for timely alerts, supporting disaster prevention along coastal areas [1] Group 3 - In the field of marine ecological monitoring, Bixing Wulian's marine nutrient analysis instrument and microplastic analysis instrument received significant attention [1] - The nutrient analysis instrument employs a modular design for multi-factor in-situ monitoring, suitable for various platforms [1] - The microplastic analysis instrument utilizes polarization imaging and AI algorithms for rapid, precise, and non-destructive identification, filling a technological gap in domestic marine microplastic detection [1] Group 4 - Multiple products from Bixing Wulian have passed national-level testing and received recognition for being at an "international advanced" level [2] - The company's key projects, such as enhancing marine observation capabilities in Shenzhen and constructing the National Marine Test Field in Weihai, highlight its extensive applications and deep accumulation in marine monitoring [2]

Core Insights - The China Marine Economy Expo, known as the "first marine exhibition in China," was held from October 28 to 30 in Shenzhen, focusing on marine technology and the blue economy [1][2] - Bixing Wulian showcased its digital marine solutions and smart monitoring products, demonstrating its technological capabilities in marine environmental perception, disaster early warning, and ecological health assessment [1] Company Highlights - Bixing Wulian presented an integrated monitoring network covering nearshore to deep-sea areas, featuring a marine buoy monitoring system with industry-first on-site data quality control capabilities [1] - The storm surge intelligent warning tide level monitoring system utilizes high-precision sensors and intelligent algorithms for timely alerts, providing critical support for coastal disaster prevention [1] - In marine ecological monitoring, Bixing Wulian introduced a marine nutrient salt analyzer and a marine microplastic analyzer, the latter employing polarization imaging and AI algorithms for rapid, precise, and non-destructive identification of microplastics [1] Industry Recognition - Multiple products from Bixing Wulian have passed national-level testing and received recognition for being at an "international advanced" level, highlighting the company's authoritative technological strength [2] - Key projects implemented by the company, such as enhancing marine observation capabilities in Shenzhen and constructing the National Marine Experimental Field in Weihai, demonstrate its extensive application and deep accumulation in the marine monitoring field [2]

Group 1 - Jinpan Technology reported a net profit of 486 million yuan for the first three quarters, a year-on-year increase of 20.27%, with total revenue of 5.194 billion yuan, up 8.25% [1] - Saisir announced the maximum price for its H-share issuance at 131.5 HKD per share, with the public offering starting on the same day and expected to end on October 31 [1] - Jinghua Laser plans to invest approximately 200 million yuan in a new project to produce 20,000 tons of UV laser platinum embossed anti-counterfeiting materials [2] Group 2 - Zhenyu Technology intends to invest 2.11 billion yuan in a project for robots and precision structural components, to be developed in three phases from 2025 to 2030 [3] - Qianyuan Power reported a net profit of 493 million yuan for the first three quarters, a year-on-year increase of 85.74%, with total revenue of 2.169 billion yuan, up 47.99% [4] - Haohua Energy's net profit decreased by 50.5% to 554 million yuan, with total revenue of 6.307 billion yuan, down 7.85% [7] Group 3 - Kangtai Biological's net profit fell by 86% to 49.16 million yuan, with total revenue of 2.063 billion yuan, up 2.24% [8] - Huafeng Aluminum reported a net profit of 896 million yuan for the first three quarters, a year-on-year increase of 3.24%, with total revenue of 9.109 billion yuan, up 18.63% [10] - Beiyuan Group's net profit decreased by 10.88% to 214 million yuan, with total revenue of 6.762 billion yuan, down 9.91% [12] Group 4 - Noying Co. reported a net profit of 450 million yuan for the first three quarters, a year-on-year decrease of 22.95%, with total revenue of 31.562 billion yuan, up 2.01% [14] - Chuanhua Zhili's net profit increased by 168.36% to 637 million yuan, despite a revenue decline of 2.74% to 18.84 billion yuan [16] - Jiangsu Sop's net profit decreased by 39.21% to 126 million yuan, with total revenue of 4.661 billion yuan, down 5.74% [18] Group 5 - Yiling Pharmaceutical's net profit increased by 80.33% to 1 billion yuan, with total revenue of 5.868 billion yuan, down 7.82% [20] - Hengwei Technology's net profit decreased by 50.16% to 39.01 million yuan, with total revenue of 739 million yuan, up 16.14% [22] - Gaode Infrared reported a net profit increase of 1058.95% to 582 million yuan, with total revenue of 3.068 billion yuan, up 69.27% [24] Group 6 - Sanxia Water reported a net profit decrease of 8.53% to 351 million yuan, with total revenue of 7.611 billion yuan, down 6.06% [26] - Junda Co. reported a net loss of 419 million yuan for the first three quarters, with total revenue of 5.682 billion yuan, down 30.72% [28] - Shanghai Energy's net profit decreased by 59.22% to 255 million yuan, with total revenue of 5.64 billion yuan, down 22.03% [30] Group 7 - Haizheng Biomaterials reported a net profit decrease of 85.34% to 490,570 yuan, with total revenue of 621 million yuan, down 5.74% [32] - Huisheng Lithium reported a net loss of 103 million yuan, with total revenue of 539 million yuan, up 62.29% [34] - Weicet Technology's net profit increased by 226.41% to 202 million yuan, with total revenue of 1.083 billion yuan, up 46.22% [36] Group 8 - Mengjie Co. reported a net profit increase of 28.69% to 26.52 million yuan, with total revenue of 1.099 billion yuan, down 7.97% [38] - Qingdao Beer terminated its acquisition of 100% equity in Jimo Yellow Wine due to unmet conditions [40] - Sifang Precision plans to issue H-shares and list on the Hong Kong Stock Exchange [42]

Core Insights - The environmental equipment sector saw a rise of 0.71% on October 27, with Huahong Technology leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Environmental Equipment Sector Performance - Huahong Technology (002645) closed at 16.21, with a gain of 7.35% and a trading volume of 521,600 shares, amounting to a transaction value of 832 million [1] - ST Xianhe (300137) closed at 8.28, up 4.15%, with a trading volume of 151,800 shares and a transaction value of 124 million [1] - Longyuan Technology (300105) closed at 7.90, increasing by 2.46%, with a trading volume of 189,200 shares and a transaction value of 148 million [1] - Other notable performers include Shengjian Technology (603324) with a 2.19% increase and a closing price of 27.03, and Bixing Wulian (688671) with a 1.74% increase, closing at 22.79 [1] Capital Flow Analysis - The environmental equipment sector experienced a net outflow of 52.4 million from institutional investors, while retail investors saw a net inflow of 42.5 million [2] - Huahong Technology had a significant net outflow of 34.9 million from institutional investors, while ST Xianhe saw a net inflow of 15.5 million [3] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors remain active in the market [2][3]

Core Viewpoint - Bixing Wulian (688671.SH) announced that Fengtu Huizheng plans to reduce its holdings in the company by up to 2.3556 million shares, which represents no more than 3% of the total share capital of the company [1] Group 1 - The reduction in shareholding is due to the operational needs of the company [1] - The total number of shares to be reduced is capped at 2.3556 million [1] - The percentage of total share capital being reduced is stated as 3% [1]

据统计，10月26日，暂无A股上市公司披露增持情况。包括碧兴物联、奕瑞科技在内的2家A股上市公司 披露减持情况。 | | 10.26上市公司盘后减持情况 | | --- | --- | | 碧兴物联 | 股东丰图汇柔拟减持不超3%公司股份 | | 2 | 奕瑞科技 | 责任编辑：何俊熹 ...

Core Viewpoint - The recent operational status of various companies remains stable, with no significant changes in the internal and external business environment [1][3]. Performance - WuXi AppTec reported a net profit of 12.076 billion yuan for the first three quarters, an increase of 84.84% year-on-year [3]. - Cambridge Technology experienced a year-on-year net profit growth of 70.88% in the first three quarters [3]. - Huasheng Lithium Battery reported a net loss of 103 million yuan in the first three quarters [3]. - Weicai Technology achieved a net profit of 202 million yuan in the first three quarters, marking a 226.41% increase year-on-year [3]. - China Tungsten High-Tech reported a year-on-year net profit growth of 18.26% in the first three quarters [3]. - Guosheng Jinkong's net profit for the first three quarters was 242 million yuan, up 191.21% year-on-year [3]. - Zhenghai Magnetic Materials reported a net profit of 115 million yuan in the third quarter, a year-on-year increase of 189.72% [3]. - Wenzhou Hongfeng's net profit in the third quarter was 15.6016 million yuan, up 257.49% year-on-year [3]. - Xiyu Co. reported a net profit of 1.745 billion yuan for the first three quarters, an increase of 35.99% year-on-year [3]. - Shen Shen Fang A reported a staggering net profit growth of 2791.57% year-on-year in the first three quarters, totaling 14.5 million yuan [3]. - Bojun Technology achieved a net profit of 274 million yuan in the third quarter, a year-on-year increase of 102.11% [3]. - Huace Testing reported a net profit of 345 million yuan in the third quarter, up 11.24% year-on-year [3]. - Genesis reported a net profit of 115 million yuan in the third quarter, marking a 164.38% year-on-year increase [3]. - Tongguan Copper Foil reported a net profit of 62.7243 million yuan in the first three quarters, up 162.49% year-on-year [3]. Major Investments - Hengyu Environmental Protection signed a sales contract worth 14 million USD for an industrial continuous waste tire cracking production line [3]. - Ningbo Fangzheng entered a strategic cooperation agreement with Shandong Future Robot Co., Ltd. [3]. - Jushen Co. signed an aluminum ore transfer agreement [3]. Shareholding Changes - WuXi AppTec plans to transfer 100% equity of Kangde Hongyi and Jinshi Pharmaceutical [3]. - Zhongzhi Co. intends to transfer shares to Jiangsu Xinchang Microelectronics Group Co., Ltd. [3]. - Chenzhou International plans to invest in a joint venture for a photovoltaic power generation project [3]. - Bayi Steel plans to invest in a new 3500mm straightening machine project for its rolling mill [3]. Mergers and Acquisitions - Yingtang Zhikong is planning to acquire assets through share issuance, leading to a stock suspension [3]. - Yiyi Co. intends to acquire 100% equity of Gao Ye Family, with stock resuming trading [3]. - Huilv Ecology's application for issuing shares to purchase assets has been accepted by the Shenzhen Stock Exchange [3]. - China Tungsten High-Tech plans to acquire equity in Yuanjing Tungsten Industry [3]. Other - Sifang Jichuang plans to issue H-shares and list on the Hong Kong Stock Exchange [3]. - Hand Information plans to issue H-shares and list on the Hong Kong Stock Exchange [3].

Core Viewpoint - The news summarizes important announcements from various companies, highlighting strategic partnerships, financial performance, and stock trading activities. Group 1: Strategic Partnerships - Ningbo Fangzheng signed a strategic cooperation agreement with Shandong Future Robotics, focusing on deep-sea robot business, including R&D, production, and commercialization of mechanical components [3] - Yiyi Co. plans to acquire 100% equity of Hangzhou Gaoye Family Pet Food Co., indicating a strategic move into the pet food market [5] Group 2: Financial Performance - WuXi AppTec reported a net profit of 12.076 billion yuan for the first three quarters, a year-on-year increase of 84.84% [8] - Yilian Network's net profit for the first three quarters was 1.958 billion yuan, a year-on-year decrease of 5.16% [9] - Huace Testing achieved a net profit of 812 million yuan for the first three quarters, reflecting a year-on-year growth of 8.78% [10] - Zhenghai Magnetic Materials reported a net profit of 115 million yuan for the third quarter, a significant year-on-year increase of 189.72% [12] - Zhongtung High-tech's net profit for the third quarter was 335 million yuan, a year-on-year increase of 36.53% [13] Group 3: Stock Trading Activities - Chang Aluminum stated that its stock price had deviated significantly, but confirmed that there were no undisclosed major matters [4] - Yiyuan Technology's shareholder plans to reduce holdings by up to 1.53% of shares due to funding needs [18] - Bixing Wulian's shareholder intends to reduce holdings by up to 3% of shares for operational needs [19] Group 4: Major Contracts - Jushen Co. signed an alumina ore transfer agreement, which is expected to positively impact future financial performance [15] - Hengyu Environmental Protection signed a sales contract worth 14 million USD (approximately 99.7 million yuan) for an industrial tire pyrolysis production line [16]