深圳中华自行车(集团)股份有限公司（以下简称"公司"）于近日收到公司控 股股东万胜实业控股（深圳）有限公司（以下简称"万胜实业"）出具的《关于自 愿不减持股份的承诺函》，公司现将相关承诺函内容公告如下： 证券代码：000017、200017 证券简称：深中华 A、深中华 B 公告编号：2025-021 深圳中华自行车（集团）股份有限公司 关于控股股东自愿承诺不减持公司股份的公告 本 公 司 及 董 事 会 全 体 成 员 保 证 公 告 内 容 真 实 、准 确 、完 整 ，没 有 虚 假 记 载 、 误 导 性 陈 述 或 者 重 大 遗 漏 。 "鉴于： 1．2021 年 10 月 25 日，深圳中华自行车（集团）股份有限公司（"上市公司"） 申请非公开发行 A 股股票事项获得中国证监会发行审核委员会审核通过。2022 年 11 月 7 日，上市公司完成本次非公开发行 A 股股票事项，万胜实业控股（深圳）有 限公司（"本公司"）作为认购对象，认购上市公司新发行的 137,836,986 股股票（"本 次发行"）。就认购本次发行股份事项，本公司出具《股份锁定承诺函》，承诺自上 市公司本次发行新增股份上市首日 ...

Group 1 - The controlling shareholder of Shen Zhonghua A, Wansheng Industrial, voluntarily commits not to reduce its holdings of the company's shares from the date of the lifting of restrictions until the completion of performance commitments under the cooperation agreement [1] - If performance compensation is involved, the commitment extends until the fulfillment of performance compensation obligations [1] - The restricted shares will be released for trading on November 7, 2025 [1]

Core Viewpoint - Shen Zhonghua A, established in 1984 and listed in 1992, operates in multiple sectors including bicycles, lithium battery materials, and jewelry, with significant influence in these areas [1] Financial Performance - For Q3 2025, Shen Zhonghua A reported revenue of 578 million yuan, ranking 12th in the industry, significantly lower than the top competitor Lao Feng Xiang at 48 billion yuan and China Gold at 45.76 billion yuan, as well as below the industry average of 10.89 billion yuan and median of 2.675 billion yuan [2] - The main business revenue from gold jewelry was 319 million yuan, accounting for 99.70% of total revenue, while bicycle and lithium battery materials contributed only 963,900 yuan, or 0.30% [2] - The net profit for the same period was 31.35 million yuan, ranking 11th in the industry, again far behind Lao Feng Xiang's 1.838 billion yuan and Zhou Da Sheng's 880 million yuan, and below the industry average of 347 million yuan and median of 125 million yuan [2] Financial Ratios - As of Q3 2025, the asset-liability ratio was 17.68%, higher than the previous year's 12.43% but lower than the industry average of 32.06%, indicating relatively good debt repayment capability [3] - The gross profit margin was 9.69%, an increase from 6.64% year-on-year, but still below the industry average of 22.10% [3] Executive Compensation - The chairman, Wang Shenghong, received a salary of 676,700 yuan in 2024, an increase of 571,500 yuan from 2023 [4] - The president, Li Hai, earned 800,500 yuan in 2024, a slight increase of 6,100 yuan from the previous year [4] Shareholder Information - As of June 30, 2013, the number of A-share shareholders decreased by 10.80% to 21,400, with an average holding of 13,700 circulating A-shares, which increased by 69.52% [5] - By September 30, 2025, the fourth largest circulating shareholder was China Merchants Securities (Hong Kong) Co., Ltd., holding 20.29 million shares, unchanged from the previous period [5]

Core Viewpoint - Deep China A (000017.SZ) reported significant growth in both revenue and net profit for the third quarter of 2025, indicating strong operational performance and financial health [1] Financial Performance - The company achieved a revenue of 258 million yuan in the third quarter, representing a year-on-year increase of 290.72% [1] - Net profit for the third quarter reached 12.37 million yuan, showing a substantial year-on-year growth of 625.52% [1] - For the first three quarters, the company reported a total revenue of 578 million yuan, which is a year-on-year increase of 106.71% [1] - The net profit for the first three quarters was 30.94 million yuan, reflecting a year-on-year growth of 316.82% [1]

Group 1 - Company Deep China A reported Q3 performance with revenue of approximately 578 million yuan, a year-on-year increase of 106.71% [1] - The net profit attributable to shareholders was approximately 30.94 million yuan, reflecting a year-on-year increase of 316.82% [1] - Basic earnings per share reached 0.0449 yuan, up 315.74% year-on-year [1] Group 2 - As of the report, the market capitalization of Deep China A is 4.6 billion yuan [2] - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market [2]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥257,730,546.79, representing a 290.72% increase year-over-year[4] - Net profit attributable to shareholders was ¥12,366,492.72, a significant increase of 625.52% compared to the same period last year[4] - The basic earnings per share (EPS) for the period was ¥0.0179, reflecting a 616.00% increase year-over-year[4] - The company experienced a 106.71% increase in total operating revenue for the year-to-date, totaling ¥577,674,163.42[7] - The net profit attributable to shareholders for the year-to-date was ¥30,937,270.36, a 316.82% increase compared to the previous year[7] - Total operating revenue for the period reached RMB 577,674,163.42, a significant increase from RMB 279,461,877.00 in the previous period, reflecting a growth of approximately 106.7%[15] - The company's net profit for the current period is CNY 31,349,675.82, a significant increase from CNY 6,943,065.21 in the previous period, representing a growth of approximately 352%[16] - Operating profit reached CNY 39,870,176.42, compared to CNY 7,934,271.05 in the previous period, indicating an increase of about 402%[16] - The total comprehensive income attributable to the parent company's owners is CNY 30,525,360.51, compared to CNY 7,422,137.22 in the previous period, marking an increase of around 311%[17] - Basic and diluted earnings per share for the current period are both CNY 0.0449, up from CNY 0.0108 in the previous period, representing an increase of approximately 316%[17] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥466,516,810.72, up 7.38% from the end of the previous year[4] - Total assets reached RMB 466,516,810.72, up from RMB 434,452,097.75, marking an increase of about 7.5%[14] - Total liabilities increased to RMB 82,464,884.62 from RMB 66,312,937.62, reflecting a rise of approximately 24.3%[14] - The company's equity attributable to shareholders was RMB 374,286,606.67, compared to RMB 343,761,246.16 in the previous period, showing an increase of about 8.8%[14] Cash Flow and Working Capital - The company reported a net cash flow from operating activities of -¥55,013,489.34, a decrease of 6.74% compared to the previous year[4] - Cash and cash equivalents at the end of the period were RMB 41,922,962.67, down from RMB 80,974,360.59 at the beginning of the period[12] - The company reported a net cash outflow from operating activities of CNY -55,013,489.34, slightly improved from CNY -58,990,458.24 in the previous period[20] - The company incurred interest expenses of CNY 488,561.36, a significant increase from CNY 64,464.82 in the previous period, reflecting a rise of approximately 658%[16] - The company reported a decrease in cash and cash equivalents by CNY 38,904,538.97, compared to a decrease of CNY 38,422,021.63 in the previous period[21] Inventory and Receivables - The increase in inventory was 107.55%, reaching ¥175,064,005.54, attributed to increased stocking[7] - Inventory increased significantly to RMB 175,064,005.54 from RMB 84,349,675.00, representing a growth of approximately 107.5%[13] - Accounts receivable stood at RMB 230,196,593.40, slightly decreasing from RMB 233,608,634.59 at the start of the period[12] - Other receivables decreased to RMB 866,965.43 from RMB 18,883,650.76, a decline of about 95.4%[13] Operating Costs - Total operating costs amounted to RMB 537,185,874.21, compared to RMB 271,579,417.93 in the prior period, indicating an increase of about 97.8%[15] - Research and development expenses for the current period were CNY 694,134.33, slightly up from CNY 670,760.89 in the previous period, showing a growth of about 3.5%[16] Borrowings - Short-term borrowings rose by 140.40% to ¥23,800,000.00, indicating increased financing needs[7] - Short-term borrowings rose to RMB 23,800,000.00 from RMB 9,900,000.00, indicating a significant increase of approximately 140.4%[14]

Market Overview - The jewelry sector increased by 1.21% on October 29, with ST Xinhua Jin leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Individual Stock Performance - ST Xinhua Jin (600735) closed at 6.64, up 5.06%, with a trading volume of 463,600 shares and a turnover of 304 million yuan [1] - Lao Feng Xiang (600612) closed at 50.60, up 4.12%, with a trading volume of 52,700 shares and a turnover of 264 million yuan [1] - Zhou Dazheng (002867) closed at 66.00, up 2.04%, with a trading volume of 100,000 shares and a turnover of 138 million yuan [1] - Other notable performers include Chao Hong Ji (002345) up 1.50%, China Gold (600916) up 0.84%, and Cai Zi Co. (605599) up 0.77% [1] Capital Flow Analysis - The jewelry sector experienced a net outflow of 23.93 million yuan from institutional investors and 32.61 million yuan from speculative funds, while retail investors saw a net inflow of 56.54 million yuan [2] - Lao Feng Xiang had a significant net outflow of 51.36 million yuan from institutional investors, while Zhou Dazheng saw a net inflow of 13.76 million yuan [3] - The overall capital flow indicates a mixed sentiment among different investor types within the jewelry sector [2][3]

Core Insights - The jewelry sector experienced a decline of 0.44% on October 24, with Deep China A leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Stock Performance - ST Xinhua Jin (600735) saw a closing price of 5.73, with an increase of 4.18% and a trading volume of 392,000 shares, totaling 224 million yuan [1] - Chao Hong Ji (002345) closed at 13.00, up 2.04%, with a trading volume of 224,500 shares, amounting to 288 million yuan [1] - Other notable stocks include Diya Co. (301177) at 32.67 (-0.03%), Zhou Dazheng (002867) at 13.64 (-0.07%), and Lao Feng Xiang (600612) at 48.67 (-0.41%) [1] Capital Flow - The jewelry sector saw a net outflow of 117 million yuan from main funds, while retail investors contributed a net inflow of 149 million yuan [2] - The main funds showed a significant outflow from stocks like Fei Ya Da (000026) with a net outflow of 7.34 million yuan and Jin Yi Culture (002721) with a net outflow of 8.34 million yuan [3] Individual Stock Capital Flow - Rebecca (600439) had a main fund net inflow of 6.30 million yuan, while it experienced a net outflow from retail investors of 3.95 million yuan [3] - Mingpai Jewelry (002574) saw a main fund net inflow of 5.90 million yuan but a net outflow from retail investors of 8.17 million yuan [3] - Lao Feng Xiang (600612) had a main fund net inflow of 4.39 million yuan, with retail investors also showing a net outflow [3]

Market Overview - The jewelry sector experienced a decline of 1.89% on October 22, with Mankalon leading the drop [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Individual Stock Performance - Mankalon's stock price fell by 7.46% to 18.62, with a trading volume of 247,600 shares and a transaction value of 468 million yuan [2] - Other notable declines include: - Chao Hong Ji down 3.95% to 13.60 - Feiya down 3.84% to 17.05 - Cai Zi down 1.32% to 14.23 [2] Capital Flow Analysis - The jewelry sector saw a net outflow of 263 million yuan from institutional investors, while retail investors contributed a net inflow of 226 million yuan [2][3] - The detailed capital flow for selected stocks includes: - Zhou Dazheng: Institutional net inflow of 3.06 million yuan, retail net outflow of 3.40 million yuan [3] - Lao Feng Xiang: Institutional net outflow of 487,200 yuan, retail net inflow of 411,520 yuan [3] - Mingpai Jewelry: Institutional net outflow of 2.25 million yuan, retail net inflow of 5.18 million yuan [3]

Market Overview - The jewelry sector increased by 0.85% on October 15, with ST Xinhua Jin leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Individual Stock Performance - ST Xinhua Jin (600735) closed at 4.57, with a rise of 5.06% and a trading volume of 318,200 shares, amounting to a transaction value of 140 million yuan [1] - Other notable performers include: - Cuihua Jewelry (002731) at 13.55, up 2.65% [1] - Caizhi Co. (6655509) at 15.20, up 2.63% [1] - Chaohongmu (002345) at 14.73, up 2.58% [1] - Mankalon (300945) at 21.79, up 2.35% [1] Capital Flow Analysis - The jewelry sector saw a net inflow of 2.9829 million yuan from institutional investors, while retail investors contributed a net inflow of 28.087 million yuan [2] - However, there was a net outflow of 31.0699 million yuan from speculative funds [2] Detailed Capital Flow for Selected Stocks - ST Xinhua Jin had a net inflow of 15.7082 million yuan from institutional investors, but a net outflow of 4.5480 million yuan from speculative funds [3] - Chaohongji (002345) experienced a net inflow of 9.0915 million yuan from institutional investors, with a net inflow of 3.8748 million yuan from speculative funds [3] - Other stocks like Gold One Culture (002721) and Cuihua Jewelry (002731) also showed varying levels of net inflows and outflows from different investor types [3]