Core Insights - The company reported a revenue of 891 million yuan for Q3 2025, representing a year-on-year decline of 7.53% [1] - The net profit attributable to shareholders was 42.57 million yuan, down 15.67% year-on-year [1] - Basic earnings per share stood at 0.1049 yuan [1] Financial Performance - For the first three quarters, the company achieved a total revenue of 2.675 billion yuan, reflecting a year-on-year decrease of 12% [1] - The net profit attributable to shareholders for the same period was 125 million yuan, which is a decline of 36.74% year-on-year [1] - Basic earnings per share for the first three quarters were 0.3083 yuan [1]

证券代码：000026 200026 证券简称：飞亚达 飞亚达 B 公告编号：2025-029 飞亚达精密科技股份有限公司 第十一届董事会第九次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、误导性陈述或者重 大遗漏。 一、董事会会议召开情况 飞亚达精密科技股份有限公司（以下简称"公司"）第十一届董事会第九次会议在 2025 年 10 月 17 日以电子邮件形式发出会议通知后于 2025 年 10 月 23 日（星期四）以通讯表决方 式召开。本次会议应出席董事 9 人，实际出席董事 9 人。会议的召开符合有关法律法规及《公 司章程》的规定。 二、董事会会议审议情况 （一）会议以 9 票同意，0 票反对，0 票弃权通过了《2025 年第三季度报告》； 公司董事会全体成员保证 2025 年第三季度报告的内容真实、准确、完整，没有虚假记载、误导性陈述 或重大遗漏。 鉴于公司第十一届董事会原董事及提名、薪酬与考核委员会委员王波先生因工作原因辞去职务，董事 会提名、薪酬与考核委员会成员由 5 名减少为 4 名，为满足工作需要，根据《公司章程》、《董事会专门 委员会实施细则》等相关规 ...

Financial Performance - Q3 2025 revenue was CNY 890,827,959.90, a decrease of 7.53% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 42,572,778.28, down 15.67% year-on-year[5] - Basic earnings per share decreased by 16.48% to CNY 0.1049[5] - Total operating revenue for the current period is ¥2,674,959,897.13, a decrease of 12.0% from ¥3,039,766,900.13 in the previous period[20] - Net profit for the current period is ¥125,018,278.31, representing a decline of 36.7% compared to ¥197,622,948.56 in the previous period[21] - Earnings per share (basic) decreased to 0.3083 from 0.4824, reflecting a drop of 36.1%[21] - The company reported a total profit of ¥159,821,615.95, down 38.5% from ¥259,893,448.62 in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,916,579,397.97, a decrease of 2.27% from the end of the previous year[5] - Current assets totaled CNY 2,925,265,449.88, slightly down from CNY 2,952,053,912.35, indicating a decrease of about 0.9%[17] - Total liabilities decreased to CNY 539,597,152.70 from CNY 615,847,516.41, a reduction of about 12.4%[18] - The company's equity stood at CNY 3,376,982,245.27, down from CNY 3,391,843,200.61, indicating a decrease of approximately 0.4%[18] - Total assets and equity amounted to ¥3,916,579,397.97 and ¥3,376,982,245.27 respectively, showing a slight decrease from the previous period[19] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 373,922,398.56, an increase of 17.82%[5] - Cash flow from operating activities generated a net amount of ¥373,922,398.56, an increase of 17.8% from ¥317,367,961.38 in the previous period[22] - Cash inflow from financing activities totaled $140 million, down from $320 million year-over-year[23] - Cash outflow from financing activities amounted to $364.31 million, compared to $505.59 million in the previous year[23] - Net cash flow from financing activities was -$224.31 million, a decrease from -$185.59 million year-over-year[23] - The net increase in cash and cash equivalents was $83.18 million, up from $33.07 million in the previous year[23] - The ending balance of cash and cash equivalents reached $602.14 million, compared to $537.70 million at the end of the previous year[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 38,037[12] - The largest shareholder, Shenzhen Tian Technology Holdings, holds 40.17% of the shares[12] Corporate Governance - The company revised its internal regulations, including amendments to the Articles of Association and rules for shareholder and board meetings, approved in the board meeting and the first extraordinary general meeting of 2025[14] - The resignation of non-independent director Wang Bo was noted, with Cao Ping elected as the employee representative director on September 22, 2025[15] Operational Insights - The company reported a significant increase in cash flow from operations, contributing positively to liquidity management[16] - Research and development expenses increased to ¥50,822,732.05, up 18.5% from ¥42,788,996.21 in the previous period[20] - The company plans to focus on market expansion and new product development in the upcoming quarters[20] Financial Expenses - The company reported a 35.36% reduction in financial expenses, totaling CNY 9,155,723.74[9] - The company experienced a 56.25% decrease in cash received from borrowings, amounting to CNY 140,000,000.00[11] Inventory and Receivables - Cash and cash equivalents increased to CNY 602,135,428.27 from CNY 518,954,177.49, representing a growth of approximately 15.9%[17] - Accounts receivable rose to CNY 301,219,133.99 from CNY 260,152,834.43, marking an increase of about 15.8%[17] - Inventory decreased to CNY 1,826,017,007.34 from CNY 1,984,486,969.74, reflecting a decline of approximately 8.0%[17]

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 0.74% on October 23, with Chao Hong Ji leading the drop [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Stock Performance - Notable stock performances included: - ST XinHua Jin: Closed at 5.50, up 3.19% with a trading volume of 325,700 shares and a turnover of 179 million yuan - Chao Hong Ji: Closed at 12.74, down 6.32% with a trading volume of 330,300 shares and a turnover of 423 million yuan [2] - Other stocks like Deep China A and Rui Bei Ka showed slight increases, while several others, including China Gold and Ming Pai Jewelry, experienced minor declines [1][2] Capital Flow - The jewelry sector saw a net outflow of 133 million yuan from institutional investors, while retail investors contributed a net inflow of 156 million yuan [2] - The capital flow for specific stocks indicated: - Deep China A had a net inflow of 14.66 million yuan from institutional investors, while it faced a net outflow of 21.83 million yuan from retail investors [3] - Chao Hong Ji experienced a significant net outflow of 230.19 million yuan from institutional investors [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]

Core Insights - The document provides data on technology-oriented listed companies from 1993 to 2025, covering over 24,000 samples and more than 8,000 enterprises, including those from mainland China, Hong Kong, and the New Third Board [1][3] - The scope of technology-oriented enterprises includes 12 categories, such as innovative small and medium-sized enterprises, high-tech enterprises, and national-level technology innovation demonstration enterprises [4][5] - The data is sourced from the Ministry of Science and Technology of China and various provincial and municipal science and technology departments, aimed at measuring the innovation and entrepreneurship levels of listed companies or regions [5][6] Data Overview - The dataset includes specific indicators such as stock code, company name, listing type, technology enterprise type, announcement date, announcement year, recognition year, announcement unit, information description, industry, province, city, and district [2] - Examples of companies listed include: - Shenzhou High-speed Railway Technology Co., Ltd. recognized as a technology enterprise in 2019 [2] - China Southern Glass Holding Co., Ltd. recognized as a national-level manufacturing single champion demonstration enterprise in 2024 [2] - ZTE Corporation recognized as a national enterprise technology center and high-tech enterprise in 2023 and 2024 [2]

Market Overview - The jewelry sector increased by 0.96% on October 21, with Feiya leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Individual Stock Performance - Feiya (000026) closed at 17.73, up 7.72% with a trading volume of 251,600 shares and a turnover of 439 million yuan [1] - ST Xinhua Jin (600735) closed at 5.43, up 2.65% with a trading volume of 434,600 shares and a turnover of 234 million yuan [1] - Mingpai Jewelry (002574) closed at 5.97, up 1.88% with a trading volume of 167,200 shares and a turnover of 99.27 million yuan [1] - Other notable performances include China Gold (600916) up 1.29% and Xinhua Culture (002721) up 1.17% [1] Capital Flow Analysis - The jewelry sector saw a net inflow of 13.3 million yuan from institutional investors, while retail investors contributed a net inflow of 76.59 million yuan [2] - Speculative funds experienced a net outflow of 89.89 million yuan [2] Detailed Capital Flow for Key Stocks - Feiya (000026) had a net inflow of 89.11 million yuan from institutional investors, while speculative funds saw a net outflow of 33.03 million yuan [3] - China Gold (600916) had a net inflow of 4.46 million yuan from institutional investors, with retail investors contributing a net inflow of 17.51 million yuan [3] - Other stocks like ST Xinhua Jin and Mingpai Jewelry experienced varying levels of net inflow and outflow from different investor categories [3]

Group 1 - The core point of the news is that Feiyada Precision Technology Co., Ltd. has seen a stock price increase of 5.1%, reaching 17.30 CNY per share, with a total market capitalization of 7.02 billion CNY [1] - The company was established on March 30, 1990, and listed on June 3, 1993, primarily engaged in watch brand management and luxury watch retail [1] - The revenue composition of the company includes: comprehensive luxury watch services at 75.36%, watch brand business at 17.66%, precision technology business at 3.39%, leasing business at 3.24%, and other at 0.35% [1] Group 2 - From the perspective of fund holdings, Penghua Fund has a significant position in Feiyada, with the Penghua Innovation Power Mixed Fund (LOF) holding 1.0563 million shares, accounting for 4.96% of the fund's net value [2] - The fund has generated an estimated floating profit of approximately 887,300 CNY today [2] - The Penghua Innovation Power Mixed Fund (LOF) was established on June 10, 2019, with a current scale of 337 million CNY and a year-to-date return of 29.32% [2]

Core Viewpoint - Feiyada's stock price has shown significant volatility, with a year-to-date increase of 68.41%, but recent performance indicates mixed trends in the short term [2]. Group 1: Stock Performance - On October 21, Feiyada's stock rose by 2.00%, reaching a price of 16.79 CNY per share, with a trading volume of 31.08 million CNY and a turnover rate of 0.51%, resulting in a total market capitalization of 6.813 billion CNY [1]. - Year-to-date, Feiyada's stock has increased by 68.41%, with a 2.13% rise over the last five trading days, a 0.94% decline over the last 20 days, and a 9.29% drop over the last 60 days [2]. Group 2: Financial Performance - For the first half of 2025, Feiyada reported operating revenue of 1.784 billion CNY, a year-on-year decrease of 14.08%, and a net profit attributable to shareholders of 82.45 million CNY, down 43.97% year-on-year [2]. - Since its A-share listing, Feiyada has distributed a total of 1.515 billion CNY in dividends, with 429 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of June 30, 2025, Feiyada had 25,800 shareholders, a decrease of 2.92% from the previous period, with an average of 18,148 circulating shares per shareholder, an increase of 3.77% [2]. - Among the top ten circulating shareholders, Huashang Zhenxuan Return Mixed A (010761) is the sixth largest, holding 2.5494 million shares as a new shareholder, while Guangfa Zhongzheng Guoxin Central Enterprise Shareholder Return ETF (560700) has exited the top ten list [3].