证券日报网讯贵州轮胎（000589）11月7日在互动平台回答投资者提问时表示，公司将密切关注市场动 态与业务需求，努力寻找业务增长点，积极拓展业务，灵活应对外部环境变动带来的不利影响。 ...

（文章来源：每日经济新闻） 贵州轮胎（000589.SZ）11月7日在投资者互动平台表示，扎佐四期年产38万条全钢工程子午线轮胎智能 制造项目，一阶段20万条产能于去年已达到预定可使用状态，二阶段18万条产能仍处于建设期；越南三 期年产600万条半钢子午线轮胎智能制造项目，首胎已于今年7月下线，力争明年一季度实现销售。公司 将继续努力推进上述项目进度，更好地为客户服务。 每经AI快讯，有投资者在投资者互动平台提问：38万条全钢胎和600万条半钢胎项目进展如何？ ...

关于部分回购股份注销完成暨股份变动的公告 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、误导性陈述或重大遗 漏。 特别提示： 1、贵州轮胎股份有限公司（以下简称"公司"）本次注销部分回购股份63,900股，占注销前公司总股本 的0.004%。本次注销完成后，公司总股本由1,554,688,404股减少至1,554,624,504股，公司注册资本相应 由1,554,688,404元减少至1,554,624,504元。 2、经中国证券登记结算有限责任公司深圳分公司审核确认，公司本次部分回购股份注销事项已于2025 年11月5日办理完成。 公司于2023年2月21日实施完毕的回购股份计划，在授予完成2022年限制性股票激励计划后，剩余 63,900股回购股份存放于公司回购专用证券账户中，因该部分股份存续时间即将期满三年，根据《上市 公司股份回购规则》《深圳证券交易所上市公司自律监管指引第9号一一回购股份》等相关法规、规范 性文件及公司回购股份方案的相关规定，公司将该部分回购股份的用途由"用于股权激励计划"变更 为"用于注销并相应减少公司注册资本"。公司已办理完成了相关股份的回购注销手续，具 ...

证券代码：000589 证券简称：贵州轮胎 公告编号：2025-064 1、贵州轮胎股份有限公司（以下简称"公司"）本次注销部分回购股份63,900 股 ， 占 注 销 前 公 司 总 股 本 的 0.004% 。 本 次 注 销 完 成 后 ， 公 司 总 股 本 由 1,554,688,404股减少至1,554,624,504股，公司注册资本相应由1,554,688,404 元减少至1,554,624,504元。 2、经中国证券登记结算有限责任公司深圳分公司审核确认，公司本次部分 回购股份注销事项已于2025年11月5日办理完成。 公司于 2023 年 2 月 21 日实施完毕的回购股份计划，在授予完成 2022 年限 制性股票激励计划后，剩余 63,900 股回购股份存放于公司回购专用证券账户中， 因该部分股份存续时间即将期满三年，根据《上市公司股份回购规则》《深圳证 券交易所上市公司自律监管指引第 9 号——回购股份》等相关法规、规范性文件 及公司回购股份方案的相关规定，公司将该部分回购股份的用途由"用于股权激 励计划"变更为"用于注销并相应减少公司注册资本"。公司已办理完成了相关 股份的回购注销手续 ...

证券日报网讯 11月6日晚间，贵州轮胎发布公告称，公司本次注销部分回购股份63，900股，占注销前 公司总股本的0.004%。本次注销完成后，公司总股本由1，554，688，404股减少至1，554，624，504 股，公司注册资本相应由1，554，688，404元减少至1，554，624，504元。经中国证券登记结算有限责 任公司深圳分公司审核确认，公司本次部分回购股份注销事项已于2025年11月5日办理完成。 （文章来源：证券日报） ...

贵州轮胎公告称，2025年11月5日，公司完成部分回购股份注销，注销股份63,900股，占注销前总股本 的0.004%。注销后，公司总股本由1,554,688,404股减至1,554,624,504股，注册资本相应减少。2022 - 2023年，公司实施回购股份计划，用于股权激励，授予后剩余63,900股。2025年8月、9月，公司董事会 和股东会审议通过变更该部分股份用途为注销。本次注销对公司无重大影响，后续将办理工商变更登记 等手续。 ...

Core Viewpoint - Guizhou Tyre's stock has shown a positive trend with a year-to-date increase of 3.86% and a significant rise of 13.36% over the past 20 trading days, despite a net outflow of funds [1][2]. Financial Performance - For the period from January to September 2025, Guizhou Tyre reported a revenue of 7.956 billion yuan, reflecting a year-on-year growth of 1.44%. However, the net profit attributable to shareholders decreased by 19.72% to 450 million yuan [2]. - The company has distributed a total of 1.388 billion yuan in dividends since its A-share listing, with 741 million yuan distributed over the past three years [3]. Shareholder Information - As of October 20, 2025, the number of shareholders increased to 64,700, up by 4.58%, while the average circulating shares per person decreased by 4.38% to 23,748 shares [2]. - The top ten circulating shareholders include notable entities such as Southern CSI 1000 ETF and HSBC Jintrust New Power Mixed A, with some shareholders reducing their holdings [3].

本报记者 刘钊 Wind资讯数据显示，截至目前，A股市场轮胎板块11家上市企业已悉数披露了2025年三季度报告。今年前三季度，轮胎行 业整体呈现"营收增长、利润分化"的发展态势。而第三季度多家企业出现业绩回暖信号，为行业后续发展注入信心。 北方工业大学汽车产业创新研究中心主任纪雪洪向《证券日报》记者表示，今年以来，国内轮胎行业在复杂的市场环境下 展现出较强的营收韧性，多数企业实现营收增长。同时，利润分化格局明显，原材料价格波动、国际贸易问题、汇率变动等成 为影响企业盈利能力的主要因素。其中，第三季度，随着部分企业产品结构优化、海外基地达产及原材料价格下降，多家企业 单季业绩改善。 前三季度业绩分化 青岛双星第三季度显著减亏，这得益于公司持续推进产品结构调整，稀土金、全防爆、EV轮胎等产品销量持续增长。同 时，该公司在柬埔寨的工厂已逐步达产，带动公司整体收入和单价提升。 此外，因营业收入增长、毛利率提高、汇率变动导致汇兑损失减少，中策橡胶第三季度实现利润总额同比增长68.48%。 黄河科技学院客座教授张翔在接受《证券日报》记者采访时表示，未来，轮胎企业需持续聚焦技术创新，推进产品结构升 级，提升高毛利产品占比； ...

Group 1 - The report highlights that Q3 performance met expectations with a continuous increase in membership numbers for Focus Technology, achieving a revenue of 490 million yuan, a year-on-year increase of 17% [4][5] - The report indicates that the company’s net profit for Q3 was 122 million yuan, showing a year-on-year decrease of 2%, while the net profit excluding non-recurring items was 118 million yuan, down 3.4% year-on-year [5][6] - The report notes that the company’s gross margin was 78.5%, a decrease of 1.4 percentage points year-on-year, and the net profit margin was 24.5%, down 5.2 percentage points year-on-year [5][6] Group 2 - The report states that Kuaijiao's revenue for the first three quarters was 3.174 billion yuan, a year-on-year decrease of 27.24%, with a net profit of 742 million yuan, down 43.39% year-on-year [10][11] - In Q3, Kuaijiao's revenue was 643 million yuan, a year-on-year decrease of 46.23%, and the net profit was 27 million yuan, down 92.55% year-on-year [10][11] - The report indicates that the decline in high-end and mid-range liquor sales was significant, while low-end liquor saw a growth of 117.28% year-on-year [12] Group 3 - The report mentions that Jinshi Resources achieved a revenue of 2.758 billion yuan in the first three quarters, a year-on-year increase of 50.73%, while the net profit was 236 million yuan, down 5.88% year-on-year [15][17] - In Q3, the company reported a revenue of 1.033 billion yuan, a year-on-year increase of 45.21%, and a net profit of 109 million yuan, up 32.29% year-on-year [16][18] - The report highlights that the company’s cash flow from operating activities for the first three quarters was 462 million yuan, an increase of 24.80% year-on-year [15][17] Group 4 - The report indicates that Wanze Co. achieved a revenue of 941 million yuan in the first three quarters, a year-on-year increase of 21%, with a net profit of 170 million yuan, up 22.45% year-on-year [22][23] - In Q3, the company reported a revenue of 525 million yuan, a year-on-year decrease of 2%, but a net profit increase of 31% year-on-year [24][43] - The report notes that the company has significant production capacity in high-temperature alloy components, with various agreements in place for further expansion [23][26] Group 5 - The report states that Lu'an Huanneng's revenue for the first three quarters was 21.1 billion yuan, a year-on-year decrease of 20.8%, with a net profit of 1.55 billion yuan, down 44.45% year-on-year [28][29] - In Q3, the company reported a revenue of 7.03 billion yuan, a year-on-year decrease of 21.8%, and a net profit of 210 million yuan, down 64% year-on-year [28][29] - The report highlights that the company plans to shut down its Xidong Coal Mine to improve operational efficiency and reduce losses [30][31] Group 6 - The report indicates that Mango Super Media's Q3 revenue was 3.099 billion yuan, a year-on-year decrease of 6.58%, with a net profit of 252 million yuan, down 33.47% year-on-year [32][33] - The report notes that increased content and R&D investments led to higher costs, impacting profitability [33][34] - The report highlights that advertising revenue returned to positive growth in Q3, with new shows expected to drive further engagement [35][36] Group 7 - The report states that Hangya Technology achieved a revenue of 530 million yuan in the first three quarters, a year-on-year increase of 1.95%, with a net profit of 78 million yuan, down 16.04% year-on-year [38][39] - In Q3, the company reported a revenue of 161 million yuan, a year-on-year decrease of 10.87%, and a net profit of 17 million yuan, down 34.78% year-on-year [40][41] - The report indicates that the company is focusing on new product development to drive future growth [39][41] Group 8 - The report mentions that Shandong Weida achieved a revenue of 1.439 billion yuan in the first three quarters, a year-on-year decrease of 11%, with a net profit of 230 million yuan, up 15% year-on-year [43][44] - In Q3, the company reported a revenue of 525 million yuan, a year-on-year decrease of 2%, but a net profit increase of 31% year-on-year [43][44] - The report highlights the company's strong cash flow and potential for growth in new business areas [44][45] Group 9 - The report indicates that Dinglong Co. achieved a revenue of 2.698 billion yuan in the first three quarters, a year-on-year increase of 11.2%, with a net profit of 519 million yuan, up 38% year-on-year [46][47] - In Q3, the company reported a revenue of 967 million yuan, a year-on-year increase of 6.6%, and a net profit of 208 million yuan, up 31.5% year-on-year [47][48] - The report highlights the strong performance of the semiconductor business, contributing significantly to overall growth [48]

2025 年 10 月 30 日 公司研究 评级：买入(维持) 研究所： 证券分析师： 李永磊 S0350521080004 liyl03@ghzq.com.cn 证券分析师： 董伯骏 S0350521080009 dongbj@ghzq.com.cn 证券分析师： 李振方 S0350524080003 lizf@ghzq.com.cn [Table_Title] 越南三期项目顺利推进，2025 年 Q3 单季度归 母净利润同环比改善 ——贵州轮胎（000589）2025 年三季报点评 最近一年走势 | 相对沪深 | 表现 300 | | | 2025/10/29 | | --- | --- | --- | --- | --- | | 表现 | | 1M | 3M | 12M | | 贵州轮胎 | | 8.0% | 5.0% | -2.5% | | 沪深 300 | | 2.8% | 14.3% | 21.0% | | 市场数据 | 2025/10/29 | | --- | --- | | 当前价格（元） | 4.86 | | 52 周价格区间（元） | 4.14-5.42 | | 总市值（百万） | 7,5 ...