智通财经APP讯，山子高科(000981.SZ)发布2025年三季度报告，前三季度，公司实现营业收入24.18亿 元，同比下降26.76%。归属于上市公司股东的净利润4.37亿元，同比增长132.03%。归属于上市公司股 东的扣除非经常性损益净亏损4.38亿元。 ...

Company Overview - Shan Zi Gao Ke (SZ 000981) announced a temporary board meeting on October 28, 2025, to discuss the proposal for the second extraordinary shareholders' meeting of 2025 [1] - As of the report, the market capitalization of Shan Zi Gao Ke is 39.1 billion yuan [1] Revenue Composition - For the first half of 2025, the revenue composition of Shan Zi Gao Ke is as follows: - Automotive parts: 70.57% - Property management: 14.64% - Complete vehicles: 7.23% - Other income: 4.79% - Hotel operations: 2.46% [1]

Core Viewpoint - The company reported a significant decline in revenue for the first three quarters of 2025, while net profit showed substantial growth compared to the previous year [1] Financial Performance - For the first three quarters, the company achieved a revenue of 2.418 billion yuan, representing a year-on-year decrease of 26.76% [1] - The net profit attributable to shareholders for the same period was 437 million yuan, reflecting a year-on-year increase of 132.03% [1] - In the third quarter alone, the company recorded a revenue of 685 million yuan, which is a year-on-year decline of 43.19% [1] - The net profit for the third quarter was 218 million yuan, showing a remarkable year-on-year growth of 193.33% [1]

Group 1 - Company Sanzi Gaoke reported Q3 performance with revenue of approximately 2.418 billion yuan, a year-on-year decrease of 26.76% [1] - The net profit attributable to shareholders was approximately 437 million yuan, a year-on-year increase of 132.03% [1] - Basic earnings per share increased to 0.0437 yuan, reflecting a year-on-year growth of 132.04% [1] Group 2 - As of the report, Sanzi Gaoke's market capitalization stands at 39.1 billion yuan [2] - The A-share market has surpassed 4000 points, indicating a significant market resurgence after a decade of stagnation [2] - The technology sector is leading the market transformation, suggesting a new "slow bull" market pattern [2]

Core Viewpoint - The company reported a significant decline in revenue for the third quarter of 2025, while net profit showed substantial growth compared to the previous year [1] Financial Performance - For Q3 2025, the company achieved revenue of 685 million yuan, a year-on-year decrease of 43.19% [1] - The net profit attributable to shareholders for Q3 2025 was 218 million yuan, reflecting a year-on-year increase of 193.33% [1] - Basic earnings per share for Q3 2025 stood at 0.0218 yuan [1] - For the first three quarters of 2025, the company reported total revenue of 2.418 billion yuan, down 26.76% year-on-year [1] - The net profit attributable to shareholders for the first three quarters was 437 million yuan, up 132.03% year-on-year [1] - Basic earnings per share for the first three quarters was 0.0437 yuan [1]

股票简称：山子高科 股票代码：000981 公告编号：2025-070 关于补选非独立董事的公告 本公司董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 山子高科技股份有限公司 一、关于补选非独立董事相关情况的说明 2025 年 7 月 28 日，公司召开第九届董事会第十次临时会议审议通过《关于补选非 独立董事的议案》，董事会半数以上董事同意选举朱人杰先生为公司非独立董事。具体 内容详见公司于 2025 年 7 月 30 日在巨潮资讯网（www.cninfo.com.cn）披露的《关于董 事辞职暨补选董事、聘任副总裁的公告》（公告编号：2025-054）。根据《深圳证券交 易所上市公司自律监管指引第 1 号——主板上市公司规范运作》的规定，董事、监事提 出辞职的，上市公司应当在提出辞职之日起六十日内完成补选。公司因未在规定时间内 召开股东会审议上述事项，需召开新董事会重新审议该事项。 公司于 2025 年 10 月 28 日召开第九届董事会第十二次临时会议，审议通过《关于 补选非独立董事的议案》，经公司董事会提名委员会审查通过，董事会过半数董事同意 提名朱人杰先生为第九届 ...

股票简称：山子高科 股票代码：000981 公告编号：2025-069 山子高科技股份有限公司 一、责任保险具体方案 1.投保人：山子高科技股份有限公司 2.被保险人：山子高科技股份有限公司及其及其董事、监事、高级管理人员 3.累计责任限额：人民币 10,000 万元/年 关于拟购买董监高责任险的公告 本公司董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 山子高科技股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召开第九届董 事会第十二次临时会议，经董事会过半数董事审议通过《关于拟购买董监高责任险的议 案》，相关董事回避表决，本议案尚需提交股东会审议。为进一步完善公司风险管理体 系，促进公司及其子公司董事、监事、高级管理人员等在其职责范围内更充分地发挥决 策、监督和管理的职能，保障公司和投资者合法权益，根据《上市公司治理准则》等相 关规定，公司拟购买董监高责任险，具体方案如下： 4.保费支出：不超过人民币 30 万元/年（具体以保险公司最终报价审批数据为准） 5.保险期间：起保日后的 12 个月 为提高决策效率，董事会提请股东会在上述责任保险方案范围 ...

证券代码：000981 证券简称：山子高科 公告编号：2025-072 山子高科技股份有限公司 关于召开 2025 年第二次临时股东会的通知 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。 一、召开会议的基本情况 1、股东会届次：2025 年第二次临时股东会 2、股东会的召集人：董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所股票上 市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等 法律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 7、出席对象： 8、会议地点：上海市浦东新区新金桥路 36 号上海国际财富中心会议室。 二、会议审议事项 4、会议时间： （1）现场会议时间：2025 年 11 月 13 日 14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2025 年 11 月 13 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投票的 具体时间为 2025 年 11 月 13 日 9:15 至 15: ...

证券代码：000981 证券简称：山子高科 公告编号：2025-071 山子高科技股份有限公司 关于第九届董事会第十二次临时会议的决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或者重大遗漏。 一、会议召开情况 经与会董事认真审议，会议以投票表决的方式表决审议通过如下议案： （一）审议通过《2025 年第三季度报告》 2025 年 10 月 28 日，山子高科技股份有限公司（以下简称"公司"）第九届董事 会第十二次临时会议在公司会议室以通讯方式召开。关于本次会议的通知已于 2025 年 10 月 22 日以传真、电子邮件、专人送达的方式送达各位董事。本次会议应参加 董事 8 人，实际参加董事 8 名。会议由公司董事长叶骥先生主持，公司部分高级管 理人员列席会议。本次会议的召开符合《公司法》和《公司章程》的规定。 二、董事会会议审议情况 董事会认为：公司《2025 年第三季度报告》全文的编制和审核程序符合法律、 行政法规和中国证监会的规定，报告内容真实、准确、完整的反映了公司的实际情 况，不存在任何虚假记载、误导性陈述或者重大遗漏。 表决结果：8 票同意，0 票反对 ...

Revenue and Profitability - Q3 2025 revenue decreased by 43.19% year-on-year to ¥685,332,198.62, while year-to-date revenue fell by 26.76% to ¥2,417,735,507.95[5] - Net profit attributable to shareholders increased by 193.33% in Q3 to ¥218,232,562.03, and year-to-date net profit rose by 132.03% to ¥436,788,863.96[5] - The basic and diluted earnings per share for Q3 were both ¥0.0218, reflecting a 193.33% increase year-on-year[5] - Net profit for the current period was CNY 420,321,405.25, a significant recovery from a net loss of CNY 1,427,280,110.07 in the previous period[22] - Basic earnings per share for the current period was CNY 0.0437, recovering from a loss of CNY 0.1364 in the previous period[22] Assets and Liabilities - Total assets at the end of Q3 were ¥8,853,201,070.76, down 18.67% from the previous year[5] - Total assets decreased to CNY 8,853,201,070.76 from CNY 10,885,120,752.71, a decline of 18.66%[20] - Total liabilities decreased to CNY 7,077,685,150.48 from CNY 9,612,483,228.91, a reduction of 26.36%[20] - The company’s total equity attributable to shareholders increased by 44.03% to ¥1,683,363,386.99 compared to the end of the previous year[5] - The company's equity attributable to shareholders increased to CNY 1,683,363,386.99 from CNY 1,168,743,629.31, an increase of 43.83%[20] Cash Flow - The company’s cash flow from operating activities showed a net outflow of ¥193,300,195.68, a decrease of 157.84% compared to the previous year[5] - Operating cash flow for the current period was -193,300,195.68 CNY, a decrease from 334,169,679.67 CNY in the previous period, indicating a significant decline in operational performance[23] - Total cash inflow from operating activities was 2,705,837,249.99 CNY, down 39.9% from 4,497,118,985.60 CNY year-over-year[23] - Cash outflow from operating activities totaled 2,899,137,445.67 CNY, a decrease of 30.5% compared to 4,162,949,305.93 CNY in the previous period[23] - Investment activities generated a net cash flow of -158,279,996.00 CNY, a sharp decline from 781,461,726.72 CNY in the previous period[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 587,037[14] - The largest shareholder, Zhongxin Zihe Private Fund Management, holds 29.89% of shares, totaling 2,988,200,641 shares[14] - The company’s actual controller, Ye Ji, increased his shareholding by 10,026,000 shares, representing 0.1003% of the total share capital[16] - The top ten shareholders include several entities with significant stakes, indicating concentrated ownership[15] Expenses and Costs - The company experienced a 75.98% reduction in selling expenses, primarily due to previous overseas market expansion efforts[11] - Total operating costs decreased to CNY 2,805,169,217.24 from CNY 3,718,953,329.68, reflecting a reduction of 24.54%[21] - The company reported a significant decrease in financial expenses, down to CNY 34,944,386.10 from CNY 251,535,016.69, a reduction of 86.06%[21] - The company reported a 785.32% increase in income tax expenses, mainly due to the reversal of deferred tax expenses[12] Current Assets - Cash and cash equivalents decreased by 65.82% to ¥21,030.56, attributed to new business expansion and overseas base construction[11] - The company's cash and cash equivalents decreased from 615,367,888.96 to 210,305,594.20, a decline of approximately 65.9%[18] - Accounts receivable decreased from 801,477,032.41 to 630,000,560.97, a reduction of about 21.4%[18] - Inventory decreased significantly from 1,166,851,887.99 to 414,571,072.51, a drop of approximately 64.5%[18] - Long-term equity investments decreased from 1,013,824,516.07 to 914,297,392.73, a decline of about 9.8%[18] - The total current assets decreased from 3,838,931,052.57 to 2,204,576,040.41, a decline of approximately 42.7%[18] Other Comprehensive Income - Other comprehensive income after tax for the current period was CNY -100,788,975.62, compared to CNY 2,536,890.24 in the previous period[22] Audit Information - The company did not undergo an audit for the third quarter financial report[25]