Market Overview - The chemical fiber sector experienced a decline of 0.56% on October 30, with Tongyi Zhong leading the drop [1] - The Shanghai Composite Index closed at 3986.9, down 0.73%, while the Shenzhen Component Index closed at 13532.13, down 1.16% [1] Stock Performance - Notable gainers in the chemical fiber sector included: - Huilong New Material (301057) with a closing price of 25.18, up 1.98% [1] - Jilin Chemical Fiber (000420) at 4.15, up 1.72% [1] - Huaxi Co. (000936) at 7.67, up 1.19% [1] - Major decliners included: - Tongyi Zhong (688722) at 17.73, down 3.85% [2] - Haiyang Technology (603382) at 32.52, down 2.63% [2] - Tianfulong (603406) at 45.12, down 2.55% [2] Capital Flow - The chemical fiber sector saw a net outflow of 73.23 million yuan from institutional investors, while retail investors had a net inflow of 47.99 million yuan [2][3] - The capital flow for specific stocks showed: - Jilin Chemical Fiber had a net inflow of 21.67 million yuan from institutional investors [3] - Huilong New Material experienced a net inflow of 2.78 million yuan from institutional investors [3]

证券代码：000936 证券简称：华西股份 公告编号：2025-050 江苏华西村股份有限公司 关于计提资产减值准备的公告 1、应收款项坏账准备 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 江苏华西村股份有限公司（以下简称"公司"）根据《企业会计准则》《深 圳证券交易所股票上市规则》及公司会计制度的相关规定，对截至 2025 年 9 月 30 日合并财务报表范围内相关资产计提减值准备。现将本次计提减值准备的情 况公告如下： 一、本次计提资产减值准备的情况 为真实、准确地反映公司的财务状况和经营成果，根据《企业会计准则》及 公司会计政策的相关规定，公司对截至 2025 年 9 月 30 日合并范围内的各类资产 进行了全面清查，对可能发生减值迹象的资产进行了充分的评估和分析并进行资 产减值测试。根据减值测试结果，基于谨慎性原则，报告期内公司确认各项减值 损失共计 77,819,846.50 元，具体如下： | 项 目 | 本期确认减值损失金额（元） | | --- | --- | | 信用减值损失 | 69,304,778.34 | | 其中：应收账款坏账准备 ...

证券代码：000936 证券简称：华西股份 公告编号：2025-049 江苏华西村股份有限公司 二、董事会会议审议情况 1、第九届董事会第十二次会议决议； 第九届董事会第十二次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 江苏华西村股份有限公司（以下简称"公司"）第九届董事会第十二次会议 于 2025 年 10 月 30 日在公司会议室召开。本次会议的会议通知于 2025 年 10 月 20 日以书面送达和微信方式发出。本次会议应出席董事 9 人，实际出席董事 9 人。会议由董事长吴协恩先生主持，公司高级管理人员列席了会议。本次会议的 召集、召开符合有关法律、行政法规、部门规章、规范性文件和《公司章程》的 规定，形成的决议合法、有效。 1、审议通过了《2025 年第三季度报告》。 表决结果：同意 9 票，反对 0 票，弃权 0 票。 《2025 年第三季度财务报告》已经董事会审计委员会审议通过。 内容详见《2025 年第三季度报告》（公告编号：2025-048），刊登于同日《上 海证券报》《证券时报》和巨潮资讯网（htt ...

Financial Performance - Q3 2025 revenue was CNY 853.20 million, a decrease of 8.42% compared to the same period last year[5] - Net profit attributable to shareholders increased by 178.83% to CNY 149.87 million in Q3 2025[5] - Basic earnings per share rose by 183.33% to CNY 0.17 in Q3 2025[5] - The net profit for the current period is 329,431,282.27, compared to 141,400,317.68 in the previous period, representing an increase of approximately 132.8%[23] - The total comprehensive income for the current period is 329,741,136.84, up from 133,798,625.64 in the previous period, indicating a growth of about 146.5%[24] - Basic and diluted earnings per share for the current period are both 0.37, compared to 0.16 in the previous period, reflecting a 131.25% increase[24] Cash Flow - Cash flow from operating activities increased significantly by 1,543.11% to CNY 180.90 million year-to-date[9] - Net cash flow from operating activities increased by 1543.11% compared to the same period last year, primarily due to a decrease in cash paid for purchasing goods and services[12] - Cash flow from operating activities for the current period is 180,897,858.23, significantly higher than 11,009,478.74 in the previous period[25] - Cash flow from investing activities shows a net inflow of 17,313,141.80, compared to a net outflow of 245,239,249.60 in the previous period[25] - Cash flow from financing activities resulted in a net outflow of 144,237,164.24, compared to a net outflow of 63,123,886.27 in the previous period[25] - The ending balance of cash and cash equivalents is 370,987,410.68, compared to 238,087,527.67 in the previous period, showing an increase of approximately 55.6%[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7.18 billion, an increase of 5.47% from the previous year[5] - The balance of other receivables increased by 5,036.61% compared to the beginning of the year, primarily due to an increase in receivables from equity transfers[9] - Contract liabilities increased by 40.08% compared to the beginning of the year, driven by prepayments for sales contracts[10] - The balance of deferred income increased by 113.53% compared to the beginning of the year, mainly due to additional government subsidies received[10] - Current liabilities increased to ¥1,783,350,952.23 from ¥1,522,566,076.84, reflecting a rise of approximately 17.1%[20] - Non-current assets decreased to ¥4,111,039,064.49 from ¥5,141,253,241.58, showing a decline of about 20.0%[20] Investment and Equity - Investment income increased by 662.47% compared to the same period last year, attributed to higher returns from long-term equity investments[11] - The company's retained earnings rose to ¥3,737,172,383.92 from ¥3,487,015,059.29, an increase of approximately 7.2%[21] - The total equity attributable to shareholders increased to ¥5,353,756,828.77 from ¥5,229,031,532.81, reflecting a growth of about 2.4%[21] - Jiangsu Huaxi Group holds 29.34% of shares, with 260,000,000 shares pledged[14] - The acquisition of 100% equity in Jiangyin Xiefeng Cotton and Hemp Co., Ltd. was completed for a total transaction amount of RMB 90 million[18] - The company transferred 65,496,500 shares of Source Photonics Holdings for a total price of USD 20,026,860[16] Taxation and Expenses - The company reported a 32.82% increase in taxes and surcharges compared to the same period last year[11] - Income tax expenses increased by 460.87% compared to the same period last year, primarily due to an increase in total profit[12] Other Financial Metrics - The company's cash and cash equivalents rose to ¥597,824,709.21 from ¥445,488,591.18, representing an increase of approximately 34.2%[19] - The company reported a significant decrease in accounts payable, which fell to ¥87,769,788.96 from ¥159,456,921.34, a reduction of approximately 45.0%[20] - The company recorded a fair value change gain of 42,197,429.72, compared to a loss of 3,069,651.93 in the previous period[23] - The company experienced a credit impairment loss of -69,304,778.34, which is a significant increase compared to -3,069,651.93 in the previous period[23]

Core Viewpoint - Huaxi Co., Ltd. does not directly hold equity in Zonghui Xinguang, but has an indirect stake through its associate company Yicun Capital [1] Group 1 - Huaxi Co., Ltd. stated on the investor interaction platform that it does not directly own shares in Zonghui Xinguang [1] - The company’s associate, Yicun Capital, holds a portion of the equity in Zonghui Xinguang through Wuxi Yicun Junchen Investment Partnership (Limited Partnership) [1] - Relevant information should be verified through public disclosures from Yicun Capital or Zonghui Xinguang [1]

Market Overview - The chemical fiber sector experienced a decline of 2.23% on October 17, with Haiyang Technology leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Individual Stock Performance - Haiyang Technology (603382) closed at 32.76, down 6.32% with a trading volume of 31,100 shares and a turnover of 105 million yuan [1] - Shenma Co., Ltd. (600810) closed at 10.12, down 6.30% with a trading volume of 622,800 shares and a turnover of 643 million yuan [1] - Moyi Zhong (688722) closed at 17.66, down 5.21% with a trading volume of 52,000 shares and a turnover of 94.11 million yuan [1] - Tianfulong (603406) closed at 48.06, down 4.83% with a trading volume of 58,700 shares and a turnover of 288 million yuan [1] - Baogudi (300905) closed at 32.82, down 4.45% with a trading volume of 60,200 shares and a turnover of 202 million yuan [1] Capital Flow Analysis - The chemical fiber sector saw a net outflow of 351 million yuan from institutional investors, while retail investors had a net inflow of 334 million yuan [1] - The table of capital flow indicates that major stocks like Huafeng Chemical (002064) and Montai High-tech (300876) had mixed net inflows and outflows from different investor categories [2]

证券代码：000936 证券简称：华西股份 公告编号：2025-047 江苏华西村股份有限公司 关于转让参股公司股份的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 1、交割日相关约定 1.1 无论股份转让协议或其他交易文件是否有其他约定，各方同意以 2025 1 年 9 月 30 日作为股份转让协议项下的交割日。各方确认并同意，受限于本协议 书的相关约定，自交割日起，股权受让方就其已经取得的标的股权享有完整的股 东权利和利益。收购方确认，自交割日起，集团公司经营产生的所有损益均由股 权受让方享有和承担。 1.2(a)每一转让方兹此向股权受让方确认，在股权受让方按时向其履行本协 议书约定的义务的前提下，就其在股份转让协议下向股权受让方转让的标的股份， 截至本协议书约定的交割日，所有转让方交割条件均得到满足或被其豁免；(b) 股权受让方兹此向每一转让方确认，在该转让方按时向股权受让方履行本协议书 约定的义务的前提下，就该转让方在股份转让协议下向股权受让方转让的标的股 份，截至本协议书约定的交割日，所有股权受让方交割条件均得到满足或被其豁 免。各方同意， ...

Group 1 - The company currently holds a 40.9242% stake in Yicun Capital [1]

Core Viewpoint - Huaxi Co., Ltd. (000936) clarified on September 25 that it has not engaged in collaborative projects with its associate company, Sors Technology, in terms of technology research and market expansion [1] Company Summary - Huaxi Co., Ltd. confirmed that it holds a stake in Sors Technology but has not conducted any cooperative projects related to technology development or market expansion with the company [1]

Core Viewpoint - The company Huaxi Co., Ltd. (000936) is currently in the process of transferring its equity stake in Solstice Optoelectronics, with further details to be announced in official company announcements [1]. Group 1 - The equity transfer of Solstice Optoelectronics is ongoing [1].