Core Insights - The company has demonstrated resilience in a fluctuating industry, achieving steady revenue growth with a year-to-date revenue of 1.229 billion yuan, reflecting a 6.13% year-on-year increase, and a net profit attributable to shareholders of 17.22 million yuan for the first three quarters [1][2] - The third quarter alone saw revenue of 406 million yuan, marking a 2.39% year-on-year growth, indicating the company's ability to maintain growth during industry adjustments [1] Revenue and Orders - The company reported a significant increase in contract liabilities, reaching 266 million yuan at the end of the period, which is an 88.04% increase from the beginning of the year, indicating strong market recognition of its products and ample room for future revenue release [2] - The increase in advance payments reflects a solid foundation for sustained business growth [2] Strategic Developments - The company is focusing on three strategic areas to build competitive barriers: platform integration, digital transformation, and supply chain upgrades [2] - The platform integration strategy has led to improved resource allocation and business collaboration, enhancing the company's industry influence and scale effects [2] - Ongoing digital transformation efforts are expected to boost production efficiency, shorten delivery times, and optimize cost structures, contributing to effective operations [2] - Recent supply chain upgrades have improved response times and stability, helping the company withstand market fluctuations [2] Future Outlook - The company plans to continue leveraging platform integration, digital empowerment, and supply chain upgrades to optimize product structure and enhance operational efficiency [2] - By deepening digital initiatives and refining the supply chain network, the company aims to solidify its core competitiveness and seize opportunities during the industry's recovery phase for high-quality development [2]

Group 1 - Company Hongxing Co., Ltd. reported a revenue of approximately 1.229 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 6.13% [1] - The net profit attributable to shareholders of the listed company was approximately 17.22 million yuan, showing a year-on-year decrease of 76.05% [1] - Basic earnings per share were 0.13 yuan, which is a year-on-year decrease of 76.36% [1] Group 2 - As of the report, the market capitalization of Hongxing Co., Ltd. is 2.5 billion yuan [2]

证券代码：001209 证券简称：洪兴股份 公告编号：2025-037 广东洪兴实业股份有限公司 关于 2025 年第三季度计提资产减值准备的公告 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。 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》等有关规定，广东洪兴实业股份有限公司（以下简称"公司"）现将公司 2025 年第三季度计提资产减值准备的情况公告如下： 一、本次计提资产减值准备情况概述 1、本次计提资产减值准备的原因 为真实反映公司截止 2025 年 9 月 30 日的财务状况、资产价值及经营成果， 公司基于谨慎性原则，对公司及下属子公司的各类资产进行全面检查和减值测试， 依据《企业会计准则》、《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》及公司会计政策等相关制度的规定，对公司 2025 年第三 季度合并会计报表范围内有关资产计提相应的减值准备。 2、本次计提资产减值准备的资产范围、总金额和计入的报告期间 经过公司及下属子公司对 2025 年 7-9 月存在可能发生减值迹象的资产进行 全面清查和 ...

证券代码：001209 证券简称：洪兴股份 公告编号：2025-038 一、召开会议的基本情况 （一）股东会届次：2025 年第二次临时股东会 （二）股东会的召集人：董事会 广东洪兴实业股份有限公司 （三）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。 （四）会议时间： 1、现场会议时间：2025 年 11 月 17 日（星期一）下午 14:30 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、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 重要提示： 广东洪兴实业股份有限公司（以下简称"公司"）于 2025 年 10 月 14 日召 开的第三届董事会第五次会议审议通过了《关于召开 2025 年第二次临时股东会 的议案》，现决定于 2025 年 11 月 17 日（星期一）召开公司 2025 年第二次临 时股东会，现将本次股东会的有关事项通知如下： 2、网络投票时间：通过深圳证券交易所系统进 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥405,970,559.14, an increase of 2.39% year-on-year, while the revenue for the year-to-date period reached ¥1,228,705,427.66, up 6.13% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2025 was ¥5,737,147.77, a decrease of 37.19% year-on-year, and the year-to-date net profit was ¥17,219,866.31, down 76.05% compared to the previous year[5] - The basic earnings per share for Q3 2025 was ¥0.04, a decline of 42.86% year-on-year, while the diluted earnings per share also stood at ¥0.04, reflecting the same percentage decrease[5] - Total operating revenue for the current period reached ¥1,228,705,427.66, an increase of 6.14% compared to ¥1,157,695,232.80 in the previous period[18] - Total operating costs amounted to ¥1,165,835,884.63, up 8.68% from ¥1,072,629,969.31 in the prior period[18] - Net profit for the current period was ¥16,948,807.68, a decrease of 76.36% from ¥71,674,755.98 in the previous period[19] - The company reported a total profit of ¥27,333,819.39, significantly lower than ¥102,761,581.45 in the prior period, reflecting a decline of 73.42%[19] - Basic and diluted earnings per share for the current period were both ¥0.13, down from ¥0.55 in the previous period[19] Assets and Liabilities - The total assets at the end of Q3 2025 were ¥1,955,074,585.63, a decrease of 2.30% from the end of the previous year[5] - The company's total assets as of September 30, 2025, amounted to CNY 1,955,074,585.63, a decrease from CNY 2,001,012,248.66 at the beginning of the period[16] - Current assets decreased to CNY 961,493,031.28 from CNY 1,028,728,542.90, reflecting a decline of approximately 6.5%[15] - Total liabilities decreased to CNY 671,460,809.59 from CNY 708,628,324.30, a reduction of about 5.2%[16] - The company's equity attributable to shareholders decreased to CNY 1,284,836,764.73 from CNY 1,293,335,854.42, a decline of approximately 0.6%[17] Cash Flow - Cash flow from operating activities for the year-to-date period was -¥28,178,916.90, an improvement of 45.05% compared to -¥51,277,363.77 in the same period last year[9] - The net cash flow from operating activities was -¥28,178,916.90, an improvement from -¥51,277,363.77 in the prior period[20] - The company experienced a net cash outflow from investing activities of -¥110,965,991.12, compared to -¥152,274,524.52 in the prior period, indicating a reduction in cash outflow[20] - The company’s total cash inflow from financing activities was ¥26,924,882.92, a decrease from ¥46,504,575.75 in the previous period[21] - Cash and cash equivalents at the end of the period totaled ¥142,696,232.11, compared to ¥98,166,177.48 at the end of the previous period[21] - Cash and cash equivalents decreased by 51.43% to ¥142,696,232.11, primarily due to investments in financial products and negative cash flow from operating activities[9] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,687, with no preferred shareholders[11] - The top three shareholders held a combined 61.84% of the company's shares, with the largest shareholder owning 22.68%[11] - The company repurchased 2,927,940 shares, accounting for 2.23% of the total share capital[12] Operational Changes - The company relocated its office to a new address in Guangzhou, effective August 14, 2025[13] Financial Expenses and Subsidies - The company reported a significant increase in financial expenses, which rose by 204.62% to ¥3,067,890.78 due to interest expenses on borrowings[9] - The company received government subsidies amounting to ¥6,146,544.24 for the year-to-date period, an increase of 74.42% compared to ¥3,523,905.29 in the previous year[9] Inventory and Accounts Payable - Inventory increased to CNY 577,672,667.09 from CNY 533,434,127.38, representing an increase of approximately 8.3%[15] - The company reported a significant reduction in accounts payable from CNY 437,614,948.73 to CNY 375,343,551.88, a decrease of approximately 14.2%[16] Borrowings - The company’s long-term borrowings increased to CNY 134,682,027.28 from CNY 122,883,992.50, an increase of about 9.3%[16] Research and Development - Research and development expenses were ¥19,514,970.93, slightly down from ¥20,599,820.05 in the previous period[18]

Core Insights - Hongxing Co., Ltd. has been recognized in the "Top 500 Manufacturing Enterprises in Guangdong" list, ranking 219th, due to its focus on industrial upgrading, platform construction, and supply chain optimization [1][2] - The company emphasizes a "strong manufacturing enterprise" strategy, focusing on technological iteration and quality control, which has led to significant industry leadership [1] - Hongxing Co., Ltd. is committed to innovation-driven and intelligent development, aiming to play a demonstrative role in the construction of a "strong manufacturing province" [1] Group 1: Digital Transformation and Innovation - The company has been actively promoting digital transformation, achieving over 80% automation and digitalization coverage in production lines, resulting in a more than 40% increase in production efficiency compared to traditional methods [1] - Hongxing Co., Ltd. has established an industrial internet platform that integrates the entire data chain from R&D to production and sales, improving order response speed by 30% and reducing product defect rates by 25% [1] - The company has initiated deep practical explorations of AI technology across multiple departments, with a dedicated team established to oversee AI integration across the entire business chain [1] Group 2: Strategic Development and Supply Chain Management - Since the introduction of the "131 Project" five-year strategy in 2024, Hongxing Co., Ltd. has been implementing a platform-based development approach, integrating resources across the industrial chain to foster innovation and optimize regional industrial structure [2] - The company is upgrading its supply chain system by introducing a digital supply chain management system, achieving a 20% reduction in supply chain response time [2] - Hongxing Co., Ltd. aims to build a "local + global" dual-circulation supply chain network to ensure stable production capacity while effectively mitigating market volatility risks [2]

Core Viewpoint - Hongxing Co., Ltd. expresses confidence in achieving significant growth in 2026, leveraging national policy support and focusing on internal capabilities to create long-term value for investors [1]. Company Strategy - The company is committed to seizing policy opportunities and strengthening its internal operations to ensure steady progress [1]. - There is a strong belief within the company regarding its ability to achieve a qualitative leap in development as it approaches the end of 2025 and enters 2026 [1].

Core Viewpoint - Hongxing Co., Ltd. (001209.SZ) has not received any share reduction plans from major shareholders, directors, or senior management for the next six months, as per the regulations of the Shenzhen Stock Exchange [1] Summary by Relevant Sections - **Share Reduction Regulations**: According to the Shenzhen Stock Exchange's self-regulatory guidelines, major shareholders, directors, and senior management must report and disclose their share reduction plans 15 trading days before the first sale [1] - **Current Status**: As of today, the company has not received any reduction plans from the aforementioned parties for the upcoming six months [1]

Group 1 - The company Hongxing Co., Ltd. (SZ 001209) held its third fifth board meeting on October 14, 2025, in Guangzhou, where it reviewed the revised company articles [1] - As of the report date, Hongxing Co., Ltd. has a market capitalization of 2.3 billion yuan [2] - For the first half of 2025, the company's revenue composition was 97.06% from textiles and apparel, with other business revenues accounting for 2.94% [2]

董事会审计委员会实施细则 第一章 总则 第一条 为加强和完善广东洪兴实业股份有限公司(以下简称"公司")董事会的 决策功能，确保公司董事会对总经理和其他高级管理人员的有效监督，进一步健全公司 的法人治理结构，根据《中华人民共和国公司法》等法律、法规及规范性文件和公司章 程的规定，公司特设立董事会审计委员会，并制定本实施细则。 第二条 董事会审计委员会是董事会设立的专门工作机构，负责公司内、外部审计 的沟通、监督和核查工作。审计委员会独立履行职权，向董事会报告并对董事会负责， 不受公司其他部门和个人的干预。 第二章 成员组成 第三条 审计委员会成员由三至五名不在上市公司担任高级管理人员的董事组成， 其中独立董事应占半数以上，至少有一名独立董事为会计专业人士。公司董事会成员中 的职工代表可以成为审计委员会成员。 本条所称"会计专业人士"，是指具有会计高级职称或注册会计师资格的人士。 第四条 审计委员会委员由董事长、二分之一以上独立董事或者全体董事的三分之 一提名，并由董事会选举产生。 广东洪兴实业股份有限公司 第五条 审计委员会设召集人一名，由独立董事委员担任，负责主持委员会工作； 召集人在委员中选举，并报请董事 ...