Core Viewpoint - Xingxin New Materials (001358.SZ) reported a decline in institutional ownership in its Q3 2025 financial results, with a total of 7 institutional investors holding 14.72 million shares, representing 11.95% of the total share capital, a decrease of 1.12 percentage points from the previous quarter [1] Institutional Ownership - As of October 28, 2025, 7 institutional investors disclosed their holdings in Xingxin New Materials, totaling 14.72 million shares, which is 11.95% of the company's total equity [1] - The institutional investors include Shaoxing Shangyu Jingfeng Investment Partnership, Shaoxing Xingxin New Materials Co., Ltd. - 2025 Employee Stock Ownership Plan, and others [1] - Compared to the previous quarter, the total institutional ownership percentage decreased by 1.12 percentage points [1] Public Fund Disclosures - In this period, 3 new public funds disclosed their holdings, including Huaxia Shanghai Composite Total Return Enhanced A, Changjiang Huizhi Quantitative Stock Selection Mixed Initiation A, and Huaxia National Certificate 2000 Index Enhanced Initiation A [1] - A total of 64 public funds were not disclosed in this quarter compared to the previous one, including notable funds such as GF Baifa Big Data Growth Mixed A and others [1]

Core Viewpoint - The company has disclosed its third-quarter financial report, emphasizing the accuracy and completeness of the information provided, and has made significant changes in its financial metrics and organizational structure [1][2][15]. Financial Data Summary - Cash and cash equivalents decreased by 53.22% compared to the beginning of the year, primarily due to increased investments in financial products [5]. - Trading financial assets increased by 330.43% compared to the beginning of the year, attributed to the purchase of financial products [5]. - Receivables financing rose by 277.65% compared to the beginning of the year, mainly due to an increase in quality receivable bills [5]. - Short-term borrowings increased by 214.15% compared to the beginning of the year, due to increased short-term borrowings by subsidiaries [5]. - Contract liabilities increased by 312.46% compared to the beginning of the year, mainly due to an increase in advance payments received [5]. Profit and Loss Summary - Sales expenses increased by 113.10% year-on-year, mainly due to increased expenses for market expansion by a subsidiary [6]. - Financial expenses decreased by 86.56% year-on-year, attributed to increased investments in trading financial assets and reduced interest income [6]. - Other income increased by 78.66% year-on-year, primarily due to an increase in government grants received [6]. - Investment income increased by 118.52% year-on-year, mainly due to increased investments in trading financial assets [6]. Cash Flow Summary - Net cash flow from operating activities significantly decreased year-on-year, mainly due to an increase in receivable bills and accounts receivable [7]. - Net cash flow from investing activities significantly decreased year-on-year, primarily due to increased purchases of financial products [7]. - Net cash flow from financing activities significantly increased year-on-year, mainly due to funds received from the employee stock ownership plan and reduced dividend payments [7]. Shareholder Information - The company has not reported any changes in the number of shareholders or significant changes in the top ten shareholders due to the absence of share lending activities [8]. Investment and Organizational Changes - The company has approved a project investment contract with the China-Malaysia Qinzhou Industrial Park Management Committee to establish a subsidiary for a new production project [9][10]. - The company has adjusted its organizational structure to enhance management and optimize business processes, which is expected to align with its strategic development [18][22].

Core Viewpoint - The company announced the convening of its third board meeting on October 28, 2025, to review a proposal for organizational restructuring [2] Group 1 - The company will hold its third board meeting on October 28, 2025 [2] - The agenda includes the review of a proposal to adjust the company's organizational structure [2]

Core Insights - The company reported a revenue of 137,554,328.71 yuan for Q3 2025, representing a year-on-year increase of 21.23% [1] - The net profit attributable to shareholders of the listed company was 11,037,386.90 yuan, showing a year-on-year decline of 42.62% [1] Financial Performance - Revenue for Q3 2025: 137.55 million yuan, up 21.23% compared to the previous year [1] - Net profit for Q3 2025: 11.04 million yuan, down 42.62% year-on-year [1]

Core Viewpoint - Xingxin New Materials (001358.SZ) reported a revenue of 356 million yuan for the first three quarters of 2025, reflecting a year-on-year growth of 7.27%. However, the net profit attributable to shareholders decreased by 28.18% to 44.68 million yuan [1]. Financial Performance - The company achieved an operating income of 356 million yuan, which is a 7.27% increase compared to the previous year [1]. - The net profit attributable to shareholders was 44.68 million yuan, showing a decline of 28.18% year-on-year [1]. - The net profit after deducting non-recurring gains and losses was 33.79 million yuan, representing a decrease of 39.06% year-on-year [1].

Core Viewpoint - The company announced an internal organizational restructuring aimed at enhancing management standards and optimizing business processes to align with future strategic development needs [1] Group 1: Organizational Restructuring - The board of directors approved a proposal to adjust the company's organizational structure during the 11th meeting of the 3rd board on October 28, 2025 [1] - The primary goal of the restructuring is to strengthen and standardize company management while optimizing business management processes [1] - The management team has been authorized to implement the adjustments, which are designed to create an organizational system that better fits the company's strategic development [1] Group 2: Impact on Operations - The company clarified that the internal management optimization will not have a significant impact on its production and operational activities [1] - An organizational structure diagram reflecting the changes has been disclosed as an attachment to the announcement for investors to review [1] - This restructuring is a proactive measure by the company to enhance operational efficiency and lay a foundation for the long-term implementation of its strategic goals [1]

证券代码：001358 证券简称：兴欣新材 公告编号：2025-048 绍兴兴欣新材料股份有限公司 关于调整公司组织架构的公告 特此公告。 绍兴兴欣新材料股份有限公司 董事会 2025 年 10 月 29 日 附件： 绍兴兴欣新材料股份有限公司组织架构图 股东会 投 资 部 财 务 部 董事会秘书 审 计 部 行 政 部 人 力 资 源 部 品 质 管 理 部 生 产 部 设 备 部 董 秘 办 安 全 环 保 部 采 购 部 销 售 部 研 发 中 心 董事会 总经理 战略委员会 提名委员会 薪酬与考核委员会 审计委员会 仓 储 部 工 程 部 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。 绍兴兴欣新材料股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召开第三届董 事会第十一次会议，审议通过了《关于调整公司组织架构的议案》。将相关内容公告如下： 为进一步加强和规范公司管理，优化业务管理流程，结合公司未来发展规划和经营管理 需要，构建适应公司战略发展的组织体系，公司对组织架构进行了调整，董事会同时授权经 营管理层负责组织架构调整后的具体实 ...

证券代码：001358 证券简称：兴欣新材 公告编号：2025-047 绍兴兴欣新材料股份有限公司 第三届董事会第十一次会议决议公告 董事会认为：公司《2025 年第三季度报告》真实、准确、完整地反映了公 司 2025 年第三季度的经营状况和财务信息，不存在虚假记载、误导性陈述或者 重大遗漏。具体内容详见公司同日披露于巨潮资讯网（http://www.cninfo.com.cn） 的《2025 年第三季度报告》。 本议案已经董事会审计委员会审议通过。 表决结果如下：7 票同意、0 票反对、0 票弃权。 2、审议通过了《关于调整公司组织架构的议案》 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、董事会会议召开情况 绍兴兴欣新材料股份有限公司（以下简称"公司"）第三届董事会第十一 次会议于 2025 年 10 月 28 日在公司二楼会议室以现场结合通讯的方式举行，会 议通知于 2025 年 10 月 24 日以通讯方式发出。其中，独立董事陈翔宇女士、葛 凤燕女士、顾凌枫先生以通讯方式参加会议，会议应到董事 7 人，实到董事 7 人。 会议由董事长叶汀先生主持 ...

每经AI快讯，兴欣新材（SZ 001358，收盘价：30.06元）10月28日晚间发布三季度业绩公告称，2025年 前三季度营收约3.56亿元，同比增加7.27%；归属于上市公司股东的净利润约4468万元，同比减少 28.18%；基本每股收益0.37元，同比减少27.45%。 截至发稿，兴欣新材市值为37亿元。 每经头条（nbdtoutiao）——A股突破4000点！十年沉寂终迎爆发，科技主线重塑市场，"慢牛"新格局开 启！ （记者 曾健辉） ...

Financial Performance - Q3 2025 revenue reached ¥137,554,328.71, an increase of 21.23% year-over-year[5] - Net profit attributable to shareholders decreased by 42.62% to ¥11,037,386.90 for Q3 2025[5] - Basic earnings per share fell by 43.75% to ¥0.09 for Q3 2025[5] - Total operating revenue for the current period reached ¥355,930,715.80, an increase of 7.4% compared to ¥331,809,994.02 in the previous period[22] - Net profit for the current period was ¥41,961,482.61, a decrease of 31.7% from ¥61,530,354.86 in the previous period[23] - Earnings per share (EPS) for the current period was ¥0.37, down from ¥0.51 in the previous period[24] Assets and Liabilities - Total assets increased by 1.45% to ¥1,578,029,840.26 compared to the end of the previous year[5] - Total assets amounted to ¥1,578,029,840.26, slightly up from ¥1,555,432,481.01 in the previous period[20] - Total liabilities increased to ¥146,718,049.31, compared to ¥98,181,521.95 in the previous period, reflecting a significant rise of 49.2%[20] - The company's cash and cash equivalents decreased from CNY 811,238,723.21 at the beginning of the period to CNY 379,478,470.09 at the end of the period, representing a decline of approximately 53.3%[17] Cash Flow - Cash flow from operating activities decreased by 55.67% to ¥30,771,962.65 year-to-date[5] - Operating cash inflow for the current period is CNY 282,864,378.84, a decrease of 11.3% from CNY 318,755,371.37 in the previous period[26] - Net cash outflow from operating activities is CNY 30,771,962.65, down 55.7% compared to CNY 69,419,396.27 in the previous period[27] - Cash inflow from investment activities is CNY 1,959,773,549.97, significantly higher than CNY 965,039,261.14 in the previous period, marking an increase of 103.5%[27] - Net cash outflow from investment activities is CNY -427,807,700.29, worsening from CNY -262,980,556.15 in the previous period[27] - Cash inflow from financing activities totals CNY 42,492,105.98, compared to CNY 4,643,193.96 in the previous period[27] - Net cash outflow from financing activities is CNY -33,506,518.64, an improvement from CNY -182,081,357.77 in the previous period[27] - The ending balance of cash and cash equivalents is CNY 379,478,470.09, down from CNY 679,542,121.24 in the previous period[27] Expenses - Sales expenses increased by 113.10% year-over-year, primarily due to market expansion efforts by a subsidiary[10] - Financial expenses decreased by 86.56% year-over-year, attributed to increased investments in financial assets[10] - Investment income rose by 118.52% year-over-year, linked to increased purchases of financial assets[10] - The company reported a significant increase in research and development expenses, which rose to ¥17,532,900.70 from ¥13,837,132.42, marking a growth of 26.3%[23] Project Developments - The company has established a wholly-owned subsidiary or holding subsidiary in the China-Malaysia Qinzhou Industrial Park for the investment and construction of a project with an annual output of 153,000 tons of polyamine series products[13] - As of the end of the reporting period, the company has completed the business registration of the project company and obtained the business license issued by the administrative approval bureau of the China-Malaysia Qinzhou Industrial Park[13] - The company has signed an investment contract with the China-Malaysia Qinzhou Industrial Park Management Committee, which does not constitute a related party transaction or a major asset restructuring[13] - The company has approved the establishment of Guangxi Xingxin New Materials Co., Ltd. in collaboration with other companies to implement the external investment project[13] Governance and Structure - The company has revised its articles of association and governance structure, eliminating the supervisory board and transferring its powers to the audit committee of the board of directors[15] - The company has confirmed the members of its audit committee, which continues to consist of three independent directors[15] Other Financial Information - The company reported a significant increase in prepayments from CNY 17,154,613.18 at the beginning of the period to CNY 11,343,749.66 at the end of the period, indicating a decrease of approximately 33.8%[17] - The company received CNY 1,952,000,000.00 from investment recoveries, a substantial increase from CNY 960,000,000.00 in the previous period[27] - Cash received from interest, fees, and commissions is not reported in the current period[26] - The company's trading financial assets increased significantly from CNY 115,000,000.00 at the beginning of the period to CNY 495,000,000.00 at the end of the period, marking an increase of approximately 330.4%[17] - Accounts receivable rose from CNY 44,207,851.59 at the beginning of the period to CNY 51,439,699.37 at the end of the period, reflecting an increase of about 16.5%[17] - The company's third-quarter financial report is unaudited[28]