关于举办 2025 年第三季度业绩说明会的公告 证券代码：000565 证券简称：渝三峡 A 公告编号：2025-066 重庆三峡油漆股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 重庆三峡油漆股份有限公司（以下简称"公司"）已于 2025 年 10 月 29 日 在巨潮资讯网上披露了《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 13 日（星 期四）15:00-16:00 在深圳证券交易所"互动易"平台"云访谈"栏目举办重庆 三峡油漆股份有限公司 2025 年第三季度业绩说明会，与投资者进行沟通和交流， 广泛听取投资者的意见和建议。 一、说明会召开的时间、地点和方式 会议召开时间：2025 年 11 月 13 日（星期四）15:00-16:00 会议召开地点：深圳证券交易所"互动易"平台"云访谈"栏目 会议召开方式：网络互动方式 二、投资者参加方式 投 资 者 可 于 2025 年 11 月 13 日 （ 星 期 四 ） 15:00-16:00 通 过 网 址 h ...

Core Viewpoint - The stock of Chongqing Three Gorges A has experienced fluctuations, with a year-to-date increase of 51.99% but a recent decline in the last five trading days [1][2]. Company Overview - Chongqing Three Gorges Paint Co., Ltd. was established on June 22, 1992, and listed on April 8, 1994. The company primarily engages in the manufacturing and sales of paint and coatings, as well as chemical product trading. The main business revenue composition is 97.65% from coatings and 2.35% from other sources [1][2]. Financial Performance - For the period from January to September 2025, Chongqing Three Gorges A achieved an operating income of 287 million yuan, representing a year-on-year growth of 7.07%. The net profit attributable to the parent company was 16.49 million yuan, reflecting a year-on-year increase of 9.69% [2]. - The company has distributed a total of 184 million yuan in dividends since its listing, with 19.51 million yuan distributed in the last three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Chongqing Three Gorges A was 53,500, a decrease of 22.91% from the previous period. The average number of circulating shares per shareholder increased by 29.71% to 8,108 shares [2]. - Notable new institutional shareholders include Baodao Jiuhang Mixed A, holding 1.2686 million shares, and Baodao Growth Zhihang Stock A, holding 928,300 shares [3]. Market Activity - The stock price of Chongqing Three Gorges A was reported at 8.20 yuan per share, with a trading volume of 57.44 million yuan and a turnover rate of 1.60%. The total market capitalization is 3.555 billion yuan [1]. - The stock has appeared on the "Dragon and Tiger List" 12 times this year, with the most recent appearance on May 30, where it recorded a net buy of -24.5688 million yuan [1]. Industry Classification - Chongqing Three Gorges A belongs to the Shenwan industry classification of basic chemicals, specifically in the chemical products sector, focusing on paints and inks. It is also associated with concepts such as small-cap stocks, Chengdu-Chongqing urban agglomeration, dyes and coatings, clean energy, and state-owned enterprise reform [2].

Core Insights - The Chongqing state-owned enterprise reform sector saw a rise of 0.52% on October 31, with Qianli Technology leading the gains [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Stock Performance Summary - Qianli Technology (601777) closed at 11.91, up 2.67%, with a trading volume of 466,600 shares and a transaction value of 553 million [1] - Yushanxia A (000565) closed at 8.16, up 1.87%, with a trading volume of 105,200 shares and a transaction value of 86.01 million [1] - ST Huicheng (002168) closed at 4.08, up 1.75%, with a trading volume of 57,300 shares and a transaction value of 23.44 million [1] - Other notable stocks include Yukaifang (000514) at 5.23 (+1.16%), Chuan Yi Co. (603100) at 23.34 (+0.78%), and Jieling Pickles (002507) at 13.12 (+0.69%) [1] Capital Flow Analysis - The Chongqing state-owned enterprise reform sector experienced a net inflow of 26.71 million from institutional investors, while retail investors saw a net inflow of 11.87 million [2] - However, speculative funds recorded a net outflow of 38.58 million [2] Individual Stock Capital Flow - Qianli Technology (601777) had a net inflow of 35.02 million from institutional investors, while it faced a net outflow of 13.45 million from speculative funds [3] - Chuan Yi Co. (603100) saw a net inflow of 14.05 million from institutional investors, with a net outflow of 8.75 million from speculative funds [3] - Sanfeng Environment (601827) had a net inflow of 13.99 million from institutional investors, but a net outflow of 14.78 million from retail investors [3]

Group 1 - The company, Yuzhong Sanxia A, stated that its production and operational situation is currently normal [1]

Market Performance - The Chongqing state-owned enterprise reform sector rose by 0.89% compared to the previous trading day, with Qianli Technology leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up by 0.7%, while the Shenzhen Component Index closed at 13691.38, up by 1.95% [1] Stock Performance - Qianli Technology (601777) closed at 11.65, with a gain of 2.10% and a trading volume of 381,600 shares, amounting to a transaction value of 441 million yuan [1] - Southwest Securities (600369) closed at 4.87, up by 1.67%, with a trading volume of 635,200 shares and a transaction value of 307 million yuan [1] - Chongqing Water (601158) closed at 4.79, with a slight increase of 0.63% [1] - Chongqing Port (600279) and Sanfeng Environment (601827) had minimal gains of 0.18% and 0.12%, respectively [1] Capital Flow - The Chongqing state-owned enterprise reform sector saw a net inflow of 50.26 million yuan from institutional investors, while retail investors contributed a net inflow of 5.73 million yuan [2] - Speculative funds experienced a net outflow of 55.98 million yuan [2] Individual Stock Capital Flow - Qianli Technology had a net inflow of 24.34 million yuan from institutional investors, but a net outflow of 31.32 million yuan from speculative funds [3] - Southwest Securities also saw a net inflow of 23.01 million yuan from institutional investors, with a net outflow of 16.22 million yuan from speculative funds [3] - Chongqing Water had a net inflow of 2.68 million yuan from institutional investors, while speculative funds recorded a net outflow of 2.99 million yuan [3]

Core Insights - The company reported a revenue of 287 million yuan for the first nine months of the year, representing a year-on-year growth of 7.07% [1] - The net profit attributable to shareholders reached 16.49 million yuan, with a year-on-year increase of 9.69%, resulting in an earnings per share of 0.04 yuan [1] Product Development - The company achieved breakthroughs in new product transformation, with the launch of a safety-type alkyd paint series and international certification for wind power tower coatings and photovoltaic frame coatings [1] - The acquisition of Chongqing Blue Era Energy Technology Co., Ltd. was completed, marking the company's entry into the radiation cooling materials sector [1] Strategic Initiatives - The company aims to integrate its strengths in industrial heavy anti-corrosion with Blue Era's technological advantages in radiation cooling materials, fostering synergy and complementarity [2] - This strategic move is intended to drive the company's transformation from traditional chemical industries to high-end materials-related industries, enhancing market competitiveness and sustainable development [2]

Core Insights - The company reported a total revenue of 287 million yuan for Q3 2025, an increase of 18.96 million yuan compared to the same period last year, representing a year-on-year growth of 7.07% [1] - The net profit attributable to shareholders reached 16.49 million yuan, up by 1.46 million yuan from the same period last year, marking a year-on-year increase of 9.69% and achieving two consecutive years of growth [1] - The company experienced a net cash outflow from operating activities of 37.75 million yuan [1] Financial Ratios - The latest debt-to-asset ratio stands at 22.53%, ranking 39th among disclosed peers [3] - The gross profit margin is reported at 25.64%, ranking 47th among disclosed peers, with a quarter-on-quarter increase of 0.19 percentage points and a year-on-year increase of 1.82 percentage points [3] - The return on equity (ROE) is 1.32%, which is an increase of 0.12 percentage points compared to the same period last year [3] Earnings Per Share and Turnover Ratios - The diluted earnings per share is 0.04 yuan, an increase of 0.01 yuan from the same period last year, achieving two consecutive years of growth and a year-on-year increase of 33.33% [3] - The total asset turnover ratio is 0.18 times, remaining stable compared to the same period last year, with a year-on-year increase of 2.09% [3] - The inventory turnover ratio is 2.57 times, an increase of 0.08 times from the same period last year, representing a year-on-year growth of 3.10% [3] Shareholder Structure - The number of shareholders is 53,500, with the top ten shareholders holding a total of 184 million shares, accounting for 42.43% of the total share capital [3] - The largest shareholder is Chongqing Life Science and New Materials Industry Group Co., Ltd., holding 40.55% of the shares [3]

Core Viewpoint - The company has released its third-quarter financial report for 2025, highlighting significant changes in various financial metrics and the impact of recent acquisitions and operational adjustments [3][23]. Financial Data Summary Major Financial Indicators - The company reported a decrease of 68.57% in notes receivable compared to the beginning of the period, primarily due to the endorsement transfer of commercial acceptance bills for payment [5]. - Accounts receivable increased by 76.73%, attributed to the settlement of paint payments based on project progress [5]. - Prepayments surged by 206.33%, mainly due to prepayments for raw materials by a subsidiary [5]. - Investment properties rose by 46.34%, reflecting a change in use of real estate by a wholly-owned subsidiary [5]. - Construction in progress saw a dramatic increase of 1409.18%, linked to enhancements in the resin workshop [5]. - Intangible assets increased by 73.78%, due to the consolidation of a subsidiary's patents and technologies [5]. - Short-term borrowings decreased by 90.01% as the company repaid due bank loans [7]. - Other payables increased by 242.05%, primarily due to the payment obligations from the acquisition of a subsidiary [8]. Profit and Loss Statement - Financial expenses rose by 32.85% compared to the same period last year, mainly due to reduced interest income [9]. - Asset disposal gains increased by 29.79%, reflecting higher non-current asset disposal income [10]. Cash Flow Statement - Net cash flow from investment activities decreased by 5110.88%, primarily due to payments for construction projects [11]. - Net cash flow from financing activities increased by 189.72%, driven by new bank loans for project enhancements [11]. - The net increase in cash and cash equivalents rose by 85.21%, influenced by cash flows from operating, investing, and financing activities [11]. Shareholder Information - The company has completed the registration of its subsidiary, which is now included in the consolidated financial statements [12]. - The company holds a 33% stake in a joint venture, recognizing investment income of 2.88 million yuan for the reporting period [13]. - The company’s stake in another associate was diluted to 6.66% due to bond conversion [15]. Corporate Governance - The company has revised its articles of association and dissolved its supervisory board, completing the necessary registration changes [17].

Core Insights - The company reported a revenue of 286,951,312.31 yuan for the third quarter of 2025, representing a year-on-year growth of 7.07% [1] - The net profit attributable to shareholders for the same period was 16,491,589.06 yuan, showing a year-on-year increase of 9.69% [1] Financial Performance - Revenue for Q3 2025: 286,951,312.31 yuan, up 7.07% year-on-year [1] - Net profit for Q3 2025: 16,491,589.06 yuan, up 9.69% year-on-year [1]

Core Insights - The company reported a revenue of 287 million yuan for the first three quarters of 2025, representing a year-on-year growth of 7.07% [1] - The net profit attributable to shareholders reached 16.49 million yuan, showing a year-on-year increase of 9.69% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 10.05 million yuan, which reflects a year-on-year decline of 20.83% [1]