联科科技成立于2001年4月23日，于2021年6月23日在深圳证券交易所上市，注册及办公地址均为山东省潍 坊市。该公司是国内领先的二氧化硅和炭黑生产商，具备全产业链优势，产品质量和技术水平处于行业前 列。 公司主营业务为二氧化硅和炭黑的研发、生产与销售，所属申万行业为基础化工 - 橡胶 - 炭黑，所属概念 板块包括炭黑、小盘、增持回购核聚变、超导概念、核电。 经营业绩：营收行业第四，净利润第二 2025年三季度，联科科技营业收入为17.88亿元，行业排名4/6，高于行业平均数27.23亿元和中位数23.33亿 元，但低于行业第一名黑猫股份的64.17亿元和第二名龙星科技的32.41亿元。主营业务构成中，炭黑6.48亿 元占比53.45%，二氧化硅5.32亿元占比43.86%，其他2793.43万元占比2.30%，硅酸钠462.9万元占比 0.38%。当期净利润为2.32亿元，行业排名2/6，高于行业平均数9711.32万元和中位数6299.42万元，仅次于 第一名确成股份的3.97亿元。 资产负债率低于同业平均，毛利率高于同业平均 偿债能力方面，2025年三季度联科科技资产负债率为26.57%，低于去年同期 ...

Market Overview - The rubber sector experienced a decline of 0.56% on October 29, with Tian Tie Technology leading the losses [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Stock Performance - Li Tong Technology saw a significant increase of 30.00%, closing at 42.90, with a trading volume of 139,900 shares and a transaction value of 536 million [1] - Other notable gainers included Sanwei Equipment (+5.35%), Keqiang Co. (+3.73%), and Zhongyu Technology (+3.53%) [1] - Tian Tie Technology, however, fell by 2.53%, closing at 7.72, with a trading volume of 194,600 shares and a transaction value of 152 million [2] Capital Flow - The rubber sector experienced a net outflow of 113 million from main funds, while retail investors saw a net inflow of 87.95 million [2] - The main funds showed a negative net flow in several stocks, including Sanwei Co. and Tian Tie Technology, indicating a cautious sentiment among institutional investors [3] Individual Stock Analysis - Ke Chuang Xin Yuan had a net inflow of 44.34 million from main funds, but also saw a net outflow from retail investors [3] - Longxing Technology and Yongdong Co. experienced mixed capital flows, with retail investors showing some interest despite overall negative trends in main fund flows [3]

Core Viewpoint - The A-share market is experiencing a significant increase in cash dividends, with over 600 listed companies distributing more than 300 billion yuan in cash dividends for the first half of the year, indicating a shift towards a return-focused capital market [1][2]. Group 1: Dividend Distribution - As of October 24, over 30 A-share companies, including China Ping An and China Unicom, have completed their cash dividend distributions for the first half of 2025 [2]. - The total cash dividend amount for A-share companies reached 649.7 billion yuan, with a payout ratio of 31.97%, slightly up from the previous year [2][3]. - Central enterprises are leading the way in dividend distribution, with companies like China Mobile and China Petroleum distributing over 100 billion yuan each [2]. Group 2: Future Dividend Plans - More than 3 billion yuan in cash dividends are still pending distribution, with major banks and coal companies expected to contribute significantly [3]. - The third-quarter dividend window has opened, with over 30 companies planning to distribute more than 4 billion yuan in dividends [3]. - Companies are increasingly adopting a multi-dividend strategy, with firms like WuXi AppTec and CRRC announcing their first interim dividends this year [3]. Group 3: Dividend Yield and Investor Sentiment - The average dividend yield for companies that have distributed dividends is 2.52%, with over 90 companies yielding more than 3% [4]. - The proactive approach of companies in returning capital to shareholders has been recognized, with total distributions over the past five years reaching 10.6 trillion yuan, significantly higher than previous periods [4]. - Companies are making long-term commitments to shareholder returns, with some planning to distribute at least 70% of their net profits as dividends from 2025 to 2027 [4]. Group 4: Investment Perspective - The stable dividend distribution in the A-share market is attracting more attention to dividend assets, which are viewed as long-term investments rather than short-term speculative plays [5]. - Investors are encouraged to focus on the sustainability of dividend payments rather than short-term stock price fluctuations, reinforcing the long-term logic behind dividend investments [5].

Group 1: Company Performance and Dividends - Seven listed companies announced dividend plans alongside their Q3 2025 reports, with SanKeShu offering the highest dividend of 5 RMB per 10 shares [1] - LianKe Technology reported a Q3 2025 earnings per share of 1.16 RMB, with a net profit of 230.25 million RMB, reflecting a year-on-year growth rate of 15.26% [1][2] - SanKeShu reported a Q3 2025 earnings per share of 1.01 RMB, with a net profit of 743.61 million RMB, showing a year-on-year growth rate of 81.22% [2] Group 2: Business Operations and Market Position - LianKe Technology is the sole supplier of special carbon black for high-voltage cables in China, with a focus on expanding its nano carbon black production [2] - The company is developing high-end products such as silica for silicone rubber, food-grade ultra-fine silica, and conductive carbon black for cable shielding materials [2] - SanKeShu is a leading domestic paint brand, leveraging its small B business to counteract real estate downturns and increasing market share through retail initiatives [3]

Core Viewpoint - The company has approved a cash dividend distribution plan for the third quarter of 2025, aiming to enhance investor returns and simplify the mid-term dividend process [1][3]. Summary by Sections Shareholder Meeting Approval - The annual shareholder meeting on March 20, 2025, authorized the board to formulate a mid-term dividend plan for 2025, contingent on relevant conditions [1]. - The board meeting on October 15, 2025, approved the profit distribution proposal for Q3 2025 [1]. Profit Distribution Plan - The proposed cash dividend is set at RMB 3.00 per 10 shares (including tax), based on a total share count of 214,081,960 shares after excluding shares held in the repurchase account [1][3]. - The distribution will not include stock dividends or capital reserve transfers [1]. Implementation Details - The equity distribution plan is consistent with the board's previous resolution and will be executed within two months of the board meeting [2][3]. - The record date for the equity distribution is October 23, 2025, and the ex-dividend date is October 24, 2025 [2][3]. Cash Dividend Calculation - The total cash dividend amount is calculated as RMB 64,224,588.00, based on the distribution ratio [4]. - The adjusted ex-dividend price will be calculated as the closing price on the record date minus RMB 0.2966124 per share [5]. Distribution Method - Cash dividends will be directly credited to the accounts of A-share shareholders through their custodial securities companies on the ex-dividend date [7]. - The company will bear all legal responsibilities for any discrepancies in cash dividends due to changes in shareholder accounts during the distribution application period [7]. Adjustments to Parameters - The minimum selling price restriction for major shareholders will be adjusted following the ex-dividend event [8].

证券代码：001207 证券简称：联科科技 公告编号：2025-086 山东联科科技股份有限公司 2025 年第三季度权益分派实施公告 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、误导性陈述或重大遗漏。 山东联科科技股份有限公司（以下简称"公司"）于 2025 年 3 月 20 日召开 2024 年年度股东大会审议通过了《关于授权董事会制定中期分红方案的议案》， 为简化中期分红程序，提升投资者回报，公司年度股东大会授权董事会，在符合 相关条件的前提下，根据届时情况制定 2025 年度中期分红方案。2025 年 10 月 15 日，公司召开第三届董事会第十一次会议，审议通过了《关于公司 2025 年第 三季度利润分配预案的议案》，现将权益分派事宜公告如下： 一、股东会审议通过利润分配方案情况 公司 2025 年第三季度利润分配预案为：公司拟以 2025 年 9 月 30 日总股本 216,526,960 股减去公司回购专户持有的股份后的数量 214,081,960 股为基数，向 全体股东按每 10 股派发现金股利人民币 3.00 元（含税），不送红股，不以资 本公积金转增股本。公司 ...

Core Viewpoint - LianKe Technology reported revenue and profit growth in the first three quarters of 2025, alongside a cash dividend plan to reward shareholders [1] Group 1: Financial Performance - In the first three quarters of 2025, LianKe Technology achieved revenue of 1.788 billion yuan, an increase of 8.66% compared to 1.645 billion yuan in the same period last year [1] - The net profit for the same period was 230 million yuan, reflecting a year-on-year growth of 15.26%, which is higher than the revenue growth rate [1] - The net cash flow from operating activities significantly improved to 320 million yuan, a 208.98% increase from 104 million yuan in the previous year [1] Group 2: Industry Context - LianKe Technology operates in the silica and carbon black sectors, with performance exceeding the industry average [2] - The carbon black industry is facing supply-demand challenges, while the silica industry benefits from structural growth driven by emerging sector demands [2] - LianKe Technology is the second-largest producer of silica in China, with increasing market demand due to the rapid development of industries like new energy vehicles and green tires [2] Group 3: Strategic Initiatives - The company is actively pursuing a circular economy strategy, implementing waste heat and photovoltaic power generation to reduce production costs and enhance profitability [2] - LianKe Technology is advancing production line upgrades to strengthen its scale advantages and sustainable development capabilities [2] - In August, the company received approval for a refinancing application to fund a project aimed at producing 100,000 tons of nano-carbon materials for high-voltage cable shielding, which is part of its strategic development plan [3]

Core Insights - On October 16, 2023, 13 companies released their Q3 2025 financial reports, with 12 reporting year-on-year profit growth and 10 showing revenue growth [1] - Guanghua Technology reported the highest profit growth at 1233.70%, indicating a significant performance increase [1] Summary by Category Profit Performance - Guanghua Technology: Net profit of 90.39 million yuan, up 1233.70% YoY [1] - Yuxin Electronics: Net profit of 73.39 million yuan, up 60.21% YoY [1] - Xinzhi Group: Net profit of 121.51 million yuan, up 39.49% YoY [1] - Haiguang Information: Net profit of 196.14 million yuan, up 28.56% YoY [1] - Other companies with profit growth include Zongyi Co., Jiuzhou Pharmaceutical, and Beijing Lier [1] Revenue Performance - Guanghua Technology: Revenue of 2.04 billion yuan, up 11.50% YoY [1] - Yuxin Electronics: Revenue of 572.13 million yuan, up 40.97% YoY [1] - Haiguang Information: Revenue of 948.99 million yuan, up 54.65% YoY [1] - Other companies with revenue growth include Zongyi Co., Jiuzhou Pharmaceutical, and Beijing Lier [1] Companies with Declining Performance - Qin Chuan Wulian: Reported a net loss of 69.90 million yuan, down 66.72% YoY [1] - Xue Rong Biological: Net loss of 62.35 million yuan, up 61.94% YoY [1] - Other companies with declining revenue include Xue Rong Biological and Qin Chuan Wulian [1]

Core Insights - As of October 16, 2023, 25 companies have released their Q3 2025 financial reports, with 23 reporting year-on-year profit growth and 18 showing revenue growth [1] - The company with the highest profit growth is Guanghua Technology, with a staggering increase of 1233.70% [1] Financial Performance Summary - **Profit Growth**: 23 companies reported profit growth, while 2 experienced declines [1] - **Revenue Growth**: 18 companies reported revenue growth, with 7 showing declines [1] - **Notable Performers**: Guanghua Technology leads with a profit of 90.39 million yuan and revenue of 2.04 billion yuan, marking a profit growth of 1233.70% and revenue growth of 11.50% [1] - **Other High Performers**: - Daoshi Technology: Profit of 415.44 million yuan, profit growth of 182.45%, revenue of 600.09 million yuan, revenue decline of 1.79% [1] - Sichuang Medical: Profit of -0.48 million yuan, profit growth of 98.32%, revenue of 60.38 million yuan, revenue growth of 6.95% [1] - Xiaogoods City: Profit of 3.46 billion yuan, profit growth of 48.45%, revenue of 13.06 billion yuan, revenue growth of 23.07% [1] Declining Performers - **Profit Declines**: Qin Chuan Technology reported a profit decline of 66.72% with a loss of 6.99 million yuan and revenue decline of 16.24% [2] - **Other Decliners**: - High Energy Environment: Profit growth of 15.18% with revenue decline of 11.28% [2] - Qifeng New Materials: Profit decline of 3.82% with revenue decline of 0.83% [2]

Core Viewpoint - The company reported a mixed financial performance for the third quarter of 2025, with a slight decline in revenue but an increase in net profit year-to-date, alongside a proposed cash dividend distribution to shareholders [6][9]. Financial Performance - For the reporting period, the company's operating revenue was 575,054,107.17 yuan, a year-on-year decrease of 1.30%. Year-to-date revenue reached 1,787,897,027.71 yuan, reflecting an 8.66% increase [6]. - The net profit attributable to shareholders for the reporting period was 73,729,121.81 yuan, down 4.42% year-on-year. However, year-to-date net profit was 230,246,126.87 yuan, up 15.26% [6]. - The basic earnings per share for the reporting period was 0.38 yuan, a decrease of 2.56% year-on-year, while year-to-date earnings per share was 1.16 yuan, an increase of 16.00% [7]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was 320,121,802.52 yuan, a significant increase of 208.98% [7]. - Total assets at the end of the reporting period amounted to 3,223,281,935.28 yuan, representing a growth of 16.37% compared to the end of the previous year [7]. - Shareholders' equity attributable to the company was 2,354,628,238.19 yuan, up 25.28% from the previous year [7]. Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 17,310, with Hainan Linke Investment Co., Ltd. holding a controlling stake of 45.69% [3]. - The top ten unrestricted shareholders included Hainan Linke Investment Co., Ltd., which held 98,939,604 shares [5]. Dividend Distribution - The board approved a cash dividend distribution of 3.00 yuan per 10 shares (including tax), totaling 64,224,588.00 yuan, based on the total share capital after deducting repurchased shares [9]. Other Announcements - The board also approved a proposal for the company to engage in foreign exchange hedging activities, with an authorized limit not exceeding 20 million USD [11].