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].

Group 1 - The company held its 11th meeting of the 3rd Board of Directors on October 15, 2025, which was legally valid and attended by all participating directors [2][4] - The Board approved a proposal for foreign exchange hedging to mitigate risks from currency fluctuations, with an investment limit of up to $20 million, valid for 12 months [3][22][31] - The Board also approved the 2025 Q3 report, confirming that it accurately reflects the company's financial status and operational results [5][6] Group 2 - The company proposed a profit distribution plan for Q3 2025, planning to distribute cash dividends of RMB 3.00 per 10 shares, totaling approximately RMB 64.22 million [7][15][16] - The profit distribution plan aligns with the company's policies and aims to provide reasonable returns to shareholders while supporting sustainable development [12][14][16] Group 3 - The foreign exchange hedging aims to enhance financial stability and efficiency in using foreign currency funds, primarily involving USD and EUR [20][21] - The hedging activities will be conducted using the company's own funds and will not involve any fundraising [24] - The company has established internal control measures and a management system for the foreign exchange hedging business to mitigate associated risks [28][30][32]

Core Viewpoint - Shandong LianKe Technology Co., Ltd. has approved a proposal to conduct foreign exchange hedging activities to mitigate risks associated with currency fluctuations impacting its overseas operations [1][2]. Group 1: Foreign Exchange Hedging Business - The company aims to effectively avoid foreign exchange market risks and enhance financial stability through foreign exchange hedging activities [1]. - The hedging activities will primarily involve major foreign currencies such as USD and EUR, utilizing instruments like forward foreign exchange contracts, foreign exchange swaps, foreign exchange options, and other derivative transactions [1]. - The maximum investment amount for these hedging activities will not exceed 20 million USD (or equivalent foreign currency) at any point during the investment period [1]. Group 2: Risk Management Measures - Although the company adheres to principles of locking in exchange rates and interest rate risks without speculative intentions, it acknowledges potential market, exchange rate, credit, and internal control risks [2]. - The company has implemented various risk control measures, including enhancing exchange rate research, improving internal control systems, and strictly managing the scale of funds [2]. - If the total losses from hedging instruments exceed 10% of the company's audited net profit attributable to shareholders in the last year, and the absolute amount exceeds 10 million RMB, the company will disclose this information promptly [2]. Group 3: Compliance and Documentation - The accounting policies and principles for the foreign exchange hedging activities will strictly follow the relevant accounting standards issued by the Ministry of Finance [2]. - The board of directors, the audit committee, and the sponsor institution have all expressed their agreement with the company's foreign exchange hedging activities [2]. - Relevant documents for reference include the resolutions from the board meetings and a feasibility analysis report on the hedging activities [2].

Group 1 - The company, 联科科技, announced that its 11th meeting of the 3rd board of directors will be held on October 15, 2025, combining in-person and communication methods [1] - The meeting will review the proposal regarding the profit distribution plan for the third quarter of 2025 [1] Group 2 - The news highlights a significant opportunity in the silver rental market, with annualized interest rates soaring to 35% [1] - There is a global trend of silver being airlifted to the UK for profit-taking, indicating a major market movement [1] - The situation is described as an epic short squeeze, suggesting high volatility and potential for profit in the silver market [1]

Core Insights - The company reported a revenue of 575 million yuan for Q3 2025, representing a year-on-year decline of 1.30% [1] - The net profit attributable to shareholders for Q3 2025 was 73.73 million yuan, down 4.42% year-on-year [1] - Basic earnings per share for Q3 2025 stood at 0.38 yuan [1] Financial Performance - For the first three quarters of 2025, the company achieved a total revenue of 1.788 billion yuan, reflecting a year-on-year growth of 8.66% [1] - The net profit attributable to shareholders for the first three quarters was 230 million yuan, which is a year-on-year increase of 15.26% [1] - Basic earnings per share for the first three quarters were reported at 1.16 yuan [1]

Core Viewpoint - LinkTech (001207.SZ) reported a revenue of 1.788 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 8.66% [1] - The net profit attributable to shareholders of the listed company reached 230 million yuan, marking a year-on-year increase of 15.26% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 228 million yuan, with a year-on-year growth of 15.18% [1] - Basic earnings per share stood at 1.16 yuan [1]

Core Viewpoint - The company, Link Technology (001207.SZ), has announced a profit distribution plan for the third quarter of 2025, reflecting confidence in its stable operations and future development [1] Group 1: Profit Distribution Plan - The company plans to distribute cash dividends of RMB 3.00 per 10 shares to all shareholders, amounting to a total distribution of RMB 64,224,588.00 (including tax) [1] - The distribution will be based on the total share capital of 216,526,960 shares, minus the shares held in the company's repurchase account, resulting in a base of 214,081,960 shares [1] - This profit distribution will not include stock dividends or capital reserve transfers to increase share capital [1]

Core Insights - LianKe Technology (001207.SZ) reported a revenue of 1.788 billion yuan for the first three quarters, representing a year-on-year growth of 8.66% [1] - The net profit attributable to shareholders of the listed company reached 230 million yuan, marking a year-on-year increase of 15.26% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 228 million yuan, reflecting a year-on-year growth of 15.18% [1]

Core Insights - The company reported third-quarter revenue of 575 million, a year-on-year decrease of 1.30% [1] - Net profit for the third quarter was 73.73 million, down 4.42% compared to the same period last year [1] - For the first three quarters, the company achieved revenue of 1.788 billion, reflecting a year-on-year growth of 8.66% [1] - Net profit for the first three quarters was 230 million, representing a year-on-year increase of 15.26% [1]

中泰证券股份有限公司 公司及子公司存在海外业务，汇率波动将对公司经营业绩产生一定的影响。 公司开展外汇套期保值业务，主要为有效规避外汇市场的风险，防范汇率大幅波 动对公司造成不良影响，提高外汇资金使用效率，增强财务稳健性。 二、外汇套期保值业务基本情况 1、主要涉及币种及业务品种 公司拟开展的外汇套期保值业务只限于生产经营所使用的主要外币币种，主 要外币币种为美元、欧元。 公司拟开展的外汇套期保值业务包括远期结售汇、外汇掉期、外汇互换、外 汇期权业务及其他外汇衍生交易业务。 2、外汇套期保值业务交易规模 根据公司资产规模及业务需求情况，公司及子公司开展的外汇套期保值业务 期限内任一时点的外汇套期保值业务投资金额（含前述投资的收益进行再投资的 相关金额）不超过 2,000 万美元（或其他等值外币）。 开展外汇套期保值业务的专项核查意见 中泰证券股份有限公司（以下简称"中泰证券"或"保荐机构"）作为山东 联科科技股份有限公司（以下简称"联科科技"或"公司"）2025 年度以简易程 序向特定对象发行股票并在深圳证券交易所主板上市及进行持续督导的保荐机 构，根据《证券发行上市保荐业务管理办法》《深圳证券交易所股票上市 ...