Group 1 - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] - As of October 24, there are 955 stocks with a circulating market value below 3 billion yuan, and 380 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,681 stocks have a total market value below 5 billion yuan, with 542 stocks having a total market value below 3 billion yuan [1] Group 2 - The three stocks with the smallest circulating market values are *ST Yuan Cheng at 326 million yuan, *ST Gao Hong at 430 million yuan, and Kuntai Co., Ltd. at 661 million yuan [1] - The three stocks with the smallest total market values are also *ST Yuan Cheng at 326 million yuan, *ST Gao Hong at 440 million yuan, and *ST Su Wu at 754 million yuan [1] - A detailed list of stocks with circulating market values below 2 billion yuan includes various sectors such as construction decoration, communication, automotive, and more [1][2]

Core Insights - The company reported a decline in both revenue and net profit for Q3 2025, with revenue at 145,173,058.81 yuan, down 12.03% year-on-year, and net profit at 15,331,751.22 yuan, down 14.15% [2][4] - Year-to-date figures show a cumulative revenue of 424,209,789.17 yuan, a decrease of 6.41%, and a net profit of 37,347,660.21 yuan, down 9.04% [2][4] Financial Performance - The basic and diluted earnings per share for Q3 2025 were both 0.13 yuan, reflecting an 18.75% decline year-on-year [2][4] - The weighted average return on equity was 1.87%, a decrease of 0.39 percentage points compared to the same period last year [2][4] - For the year-to-date period, the basic and diluted earnings per share were 0.32 yuan, down 11.11% [2][4] - The weighted average return on equity for the year-to-date period was 4.63%, down 0.6 percentage points [2][4] Cash Flow and Asset Management - The net cash flow from operating activities for the year-to-date period was 75,970,012.91 yuan, showing a significant increase of 75.06% [2][4] - The company’s total assets as of September 30, 2025, were 1,069,627,853.92 yuan, an increase of 1.31% from the previous year-end [3][4] - The equity attributable to shareholders was 827,526,297.11 yuan, up 4.13% from the previous year-end [3][4] Key Drivers of Performance - Revenue and net profit declines were attributed to market demand fluctuations and industry competition, leading to a slight decrease in product sales [2][4] - The significant increase in operating cash flow was driven by reduced cash payments for goods and services, indicating effective cost control [2][4] - Asset structure adjustments included a 25.75% increase in fixed assets due to the completion of construction projects, while ongoing projects decreased by 84.24% as they were transferred to fixed assets [2][4]

（文章来源：证券日报） 证券日报网讯 10月24日晚间，坤泰股份发布公告称，2025年10月23日公司召开了职工代表大会，经民 主讨论、表决，选举李娟女士为公司第三届董事会职工代表董事。 ...

Core Viewpoint - Kuntai Co., Ltd. reported a decline in both revenue and net profit for the first three quarters of the year, indicating potential challenges in its financial performance [1] Financial Performance - The company's operating revenue for the first three quarters was 424 million yuan, a year-on-year decrease of 6.41% [1] - The net profit attributable to shareholders was 37.3477 million yuan, down 9.04% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 35 million yuan, reflecting a decline of 13.50% year-on-year [1]

Group 1 - The core point of the article indicates that Kuntai Co., Ltd. reported a decline in both revenue and net profit for the first three quarters of 2025, with revenue at 424 million yuan, a year-on-year decrease of 6.41% [1] - The net profit attributable to shareholders was 37.35 million yuan, reflecting a year-on-year decline of 9.04% [1] - The basic earnings per share were 0.32 yuan, which represents an 11.11% decrease compared to the previous year [1]

Group 1 - The core point of the article is that Kuntai Co., Ltd. announced the convening of its 19th board meeting on October 23, 2025, to discuss the election of non-independent director candidates for the third board [1] - For the first half of 2025, Kuntai Co., Ltd.'s revenue composition is entirely from automotive interior parts, accounting for 100.0% [1] - As of the time of reporting, Kuntai Co., Ltd. has a market capitalization of 2.4 billion yuan [1] Group 2 - The article highlights that the Chinese innovative drug sector has sold overseas authorizations worth 80 billion USD this year, indicating a robust market for biopharmaceuticals [1] - There is a contrast noted between the hot secondary market for biopharmaceuticals and the cooling fundraising environment in the primary market [1]

国信证券股份有限公司 关于山东坤泰新材料科技股份有限公司 募集资金投资项目结项并将节余募集资金永久补充流动资金 的核查意见 国信证券股份有限公司（以下称"国信证券"）作为山东坤泰新材料科技股 份有限公司（以下简称"公司"、"坤泰股份"）首次公开发行股票并上市的保荐 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规则》、 《深圳证券交易所上市公司自律监管指引第 13 号——保荐业务》、《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《上市公司募 集资金监管规则》等规定，就坤泰股份募集资金投资项目结项并将节余募集资金 永久补充流动资金的相关事项进行核查，核查情况及核查意见如下： 一、募集资金基本情况 经中国证券监督管理委员会证监发行字[2023]153 号文《关于核准山东坤泰 新材料科技股份有限公司首次公开发行股票的批复》核准，公司于 2023 年 2 月 向社会公开发行人民币普通股（A 股）2,875.00 万股，每股发行价为 14.27 元， 应募集资金总额为人民币 41,026.25 万元，根据有关规定扣除发行费用 5,623.23 万元后，实际募集资金净额 ...

证券简称：坤泰股份 证券代码：001260 公告编号：2025-049 山东坤泰新材料科技股份有限公司 关于董事会换届选举的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 山东坤泰新材料科技股份有限公司（以下简称"公司"）第二届董事会任期 即将届满，根据《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 法律法规及《公司章程》等有关规定，公司进行董事会换届选举，公司第三届董 事会由 7 名董事组成，其中非独立董事 3 名，职工代表董事 1 名，独立董事 3 名，具体情况公告如下： 公司于 2025 年 10 月 23 日召开第二届董事会第十九次会议，会议审议通过 了《关于公司董事会换届选举暨提名第三届董事会非独立董事候选人的议案》及 《关于公司董事会换届选举暨提名第三届董事会独立董事候选人的议案》。经董 事会推荐以及董事会提名委员会资格审查，同意提名张明先生、张麟轩先生、吴 锦涛先生为公司第三届董事会非独立董事候选人；同意提名郭照蕊先生、代其云 先生、高红云女士为公司第三 ...

制定股东分红回报规划应充分听取股东特别是中小股东、独立董事的意见， 合理平衡公司自身正常经营及可持续发展的资金需求和股东合理投资回报的关 系，制定并实施科学、持续、稳定的利润分配政策。股东回报规划严格遵守《公 司章程》有关利润分配的规定。 二、本规划考虑的因素 公司将着眼于长远和可持续发展，在综合考虑公司实际经营情况、发展目标、 股东要求和意愿，尤其是中小投资者的合理回报需要、公司外部融资环境、社会 资金成本等因素的基础上，建立对投资者持续、稳定、科学的回报规划与机制， 从而对利润分配作出制度性安排，以保持未来公司利润分配政策的连续性和稳定 性。 山东坤泰新材料科技股份有限公司 未来三年（2026年-2028年）股东回报规划 为促进山东坤泰新材料科技股份有限公司（简称"公司"）利润分配政策的 科学合理并完善监督机制，保持利润分配的连续性和稳定性，增加利润分配决策 透明度和可操作性，切实保护中小股东的合法权益，引导投资者树立长期投资和 理性投资理念，根据《中华人民共和国公司法》（简称"《公司法》"）、《中华人民 共和国证券法》、《上市公司监管指引第 3 号——上市公司现金分红》等相关法律、 行政法规及《山东坤泰 ...

☑ 是 □否 如否，请详细说明：................................................... 二、本人不存在《中华人民共和国公司法》第一百七十八条等规定不得担任 公司董事的情形。 证券简称：坤泰股份 证券代码：001260 公告编号：2025-054 山东坤泰新材料科技股份有限公司 独立董事候选人声明与承诺 声明人代其云作为山东坤泰新材料科技股份有限公司第三届董事会独立董 事候选人，已充分了解并同意由提名人山东坤泰新材料科技股份有限公司董事会 提名为山东坤泰新材料科技股份有限公司（以下简称该公司）第三届董事会独立 董事候选人。现公开声明和保证，本人与该公司之间不存在任何影响本人独立性 的关系，且符合相关法律、行政法规、部门规章、规范性文件和深圳证券交易所 业务规则对独立董事候选人任职资格及独立性的要求，具体声明并承诺如下事项： 一、本人已经通过山东坤泰新材料科技股份有限公司第二届董事会提名委员 会或者独立董事专门会议资格审查，提名人与本人不存在利害关系或者其他可能 影响独立履职情形的密切关系。 ☑ 是 □否 如否，请详细说明：..................... ...