Core Viewpoint - The company has reported strong financial performance in the third quarter of 2025, with significant growth in revenue and profit, driven by effective project execution and international market expansion [5][6][7]. Financial Performance - The company achieved a total revenue and profit growth exceeding the planned targets for the first three quarters, with profit growth outpacing revenue growth by 10.71 percentage points [5]. - The gross profit margin increased by 0.57 percentage points year-on-year, and the net cash flow from operations grew by 173% compared to the previous year [7]. International Expansion - The company has actively pursued international projects, signing contracts in Liberia, Malaysia, and Ethiopia, with international business revenue accounting for 5.21% of total revenue [6]. - The international market expansion has become a new growth driver for the company, contributing to double-digit profit growth [6]. Technological Advancements - The company has established a joint research center with Wuhan University of Technology to enhance technological capabilities and attract high-level talent [6]. - The company received multiple awards for its technological innovations, showcasing its industry-leading position in key technology research and development [6]. Management Efficiency - The company maintains a monthly plan execution rate of over 98%, and has implemented cost control measures that resulted in a 1.09 percentage point decrease in expense ratios [7]. - The company has improved its accounts receivable collection and cash flow management, with a 15 percentage point increase in cash collection rates year-on-year [7].

Core Viewpoint - Yipuli is a leading player in the domestic civil explosives industry, focusing on integrated civil explosive services and expanding into related sectors [1] Group 1: Business Performance - In Q3 2025, Yipuli reported revenue of 7.356 billion yuan, ranking 2nd in the industry, surpassing the industry average of 4.111 billion yuan and the median of 2.569 billion yuan [2] - The main business segments include blasting services generating 3.551 billion yuan (75.36%), industrial explosives at 638 million yuan (13.53%), and others [2] - The net profit for the same period was 695 million yuan, ranking 3rd in the industry, above the industry average of 338 million yuan and the median of 189 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Yipuli's debt-to-asset ratio was 35.55%, an increase from 30.88% year-on-year, but still below the industry average of 44.44% [3] - The gross profit margin for Q3 2025 was 24.15%, slightly up from 23.58% year-on-year, yet lower than the industry average of 28.51% [3] Group 3: Management and Shareholder Information - The chairman, Fu Jun, received a salary of 1.6094 million yuan in 2024, an increase of 727,700 yuan from 2023 [4] - The total number of A-share shareholders decreased by 6.71% to 33,600 as of September 30, 2025, while the average number of shares held per shareholder increased by 7.19% [5] Group 4: Future Outlook - Yipuli aims to become a world-class civil explosives enterprise, focusing on integrated services and expanding into related industries [5] - The company is expected to achieve net profits of 867 million yuan, 1.023 billion yuan, and 1.130 billion yuan from 2025 to 2027, with a target price of 17.52 yuan based on a 24x PE for 2026 [5] - The company has expanded its production capacity with a new 30,000-ton industrial explosive facility in Tibet and a 60,000-ton capacity from the acquisition of Henan Songguang [5][6]

Core Points - The company announced the convening of the second extraordinary general meeting of shareholders for 2025 on October 30, 2025 [1] - The meeting approved the proposal to elect Mr. Zhang Jilong as an independent director of the seventh board of directors [1] - Mr. Zhang Jilong will also serve as a member of the strategic committee and the remuneration and assessment committee of the seventh board [1]

Core Insights - The company reported a revenue of 7.356 billion yuan for the first three quarters, representing a year-on-year increase of 16.70% [1] - The net profit attributable to shareholders reached 644 million yuan, showing a year-on-year growth of 22.91% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 622 million yuan, reflecting a year-on-year increase of 21.95% [1]

Core Viewpoint - Yipule (002096.SZ) reported a strong financial performance for the first three quarters, with significant growth in both revenue and net profit compared to the previous year [1] Financial Performance - The company's operating revenue for the first three quarters reached 7.356 billion, representing a year-on-year increase of 16.70% [1] - The net profit attributable to shareholders was 644 million, showing a year-on-year growth of 22.91% [1] - The net profit after deducting non-recurring gains and losses was 622 million, reflecting a year-on-year increase of 21.95% [1]

易普力股份有限公司(以下简称公司)于 2025 年 10 月 30 日召开 2025 年第二 次临时股东会，审议通过了《关于补选公司第七届董事会独立董事的议案》，同 意张吉龙先生当选公司第七届董事会独立董事，并担任公司第七届董事会战略委 员会委员、薪酬与考核委员会委员职务，任期自公司股东会审议通过之日起至第 七届董事会届满之日止。 本次补选独立董事后，公司董事会中兼任公司高级管理人员以及由职工代表 担任的董事人数总计未超过公司董事总数的二分之一。 证券代号：002096 股票简称：易普力 公告编号：2025-050 易普力股份有限公司 关于完成补选独立董事的公告 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。 2025 年 10 月 31 日 1 张 吉 龙 先 生 简 历 详 见 2025 年 10 月 13 日 公 司 在 巨 潮 资 讯 网 (http://www.cninfo.com.cn)上披露的《关于补选独立董事的公告》(公告编号: 2025-043)。 特此公告。 易普力股份有限公司董事会 ...

证券代码：002096 证券简称：易普力 公告编号：2025-051 | 序号 | 合同签订主体 | 项目(合同)名称 | 合同金额 | | --- | --- | --- | --- | | 1 | 中国葛洲坝集团易普 力股份有限公司 | 埃塞俄比亚米德洛克公司莱加丹比金矿采矿服务项目合同 | 12.3 | | 2 | 葛洲坝易普力利比里 亚矿业服务公司 | 中铁十九局集团利比里亚有限公司邦矿 150 万吨铁精矿钻爆 工程项目合同 | 4.6 | | 3 | 易普力马来西亚矿业 服务有限公司 | 中国水电（马来西亚）有限公司巴莱水电站溢洪道和 2#料场 钻爆施工项目合同 | 1.58 | | 4 | 中国葛洲坝集团易普 力股份有限公司 | 中国黄金集团建设有限公司乌努格吐山铜钼矿爆破工程承包 合同 | 2.61 | | 5 | 中国葛洲坝集团易普 力股份有限公司 | 广西锦象矿业有限公司象州县马弄山矿山基建及开采施工总 承包合同补充协议(一) | 3.84 | 2025年7-9月份日常经营合同情况公告 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。 易普力股 ...

证券代号：002096 股票简称：易普力 公告编号：2025-049 易普力股份有限公司 2025 年第二次临时股东会决议公告 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。 特别提示: 1.本次股东会无增加、否决提案的情形； 2.本次股东会不涉及变更前次股东会决议。 一、会议召开情况 （一）会议通知：召开本次会议的通知于2025年10月13日刊登在《证券时报》 《中国证券报》《上海证券报》《证券日报》和巨潮资讯网www.cninfo.com.cn 上。 （二）会议时间： 1.现场会议召开时间：2025 年 10 月 30 日 15:00。 2.网络投票时间：通过深圳证券交易所交易系统进行网络投票的时间为 2025 年 10 月 30 日交易日 9:15－9:25，9:30-11:30，13:00-15:00；通过互联网 投票系统投票的时间为 2025 年 10 月 30 日 9：15 至 15：00 的任意时间。 （三）现场会议召开地点：湖南省长沙市岳麓区谷苑路 389 号易普力公司会 议室。 （四）会议方式：本次股东会采取现场投票和网络投票相结合的方式。 ...

证券代码：002096 证券简称：易普力 公告编号：2025-047 易普力股份有限公司 易普力股份有限公司（以下简称公司）第七届董事会第二十三次会议于 2025 年 10 月 30 日上午在湖南省长沙市岳麓区谷苑路 389 号易普力公司会议室召开。 本次会议通知已于 2025 年 10 月 20 日以书面及电子邮件的方式送达各位董事。 会议由付军董事长主持，会议应到董事 8 名，实到董事 8 名。公司部分高级管理 人员列席会议。本次会议的召开符合《公司法》和《公司章程》的规定。 一、会议以 8 票赞成，0 票反对，0 票弃权的表决结果，审议通过《关于公 司 2025 年第三季度报告的议案》 该议案在提交董事会前已经公司第七届董事会审计委员会审议通过。该议案 内容详见同日刊登在《证券时报》《中国证券报》《上海证券报》《证券日报》及 公司指定信息披露网站 www.cninfo.com.cn 上的《易普力股份有限公司 2025 年 第三季度报告》（2025-048）。 特此公告。 易普力股份有限公司董事会 2025 年 10 月 31 日 第七届董事会第二十三次会议决议公告 本公司及董事会全体成员保证信息披露的内 ...

湖南启元律师事务所 关于易普力股份有限公司 2025年第二次临时股东会的 二零二五年十月 法律意见书 为出具本法律意见书，本所律师声明如下： （一）本所律师出具本法律意见书是基于公司已承诺所有提供给本所律师的 文件的正本以及经本所律师查验与正本保持一致的副本均为真实、完整、可靠， 无隐瞒、虚假或重大遗漏之处。 （二）本所律师遵循了勤勉尽责和诚实信用原则，严格履行了法定职责，对 本法律意见书出具日以前已经发生或者存在的事实进行了充分的核查验证，保证 本法律意见书所认定的事实真实、准确、完整，所发表的结论性意见合法、准确， 不存在虚假记载、误导性陈述或者重大遗漏。 （三）本所律师未授权任何单位或个人对本法律意见书作任何解释或说明。 为发表本法律意见，本所律师依法查验了公司提供的下列资料： 致：易普力股份有限公司 湖南启元律师事务所（以下简称"本所"）接受易普力股份有限公司（以下 简称"公司"）的委托，指派本所律师出席了公司 2025 年第二次临时股东会（以 下简称"本次股东会"），对本次股东会的召集和召开程序、出席会议人员及召 集人的资格、表决程序和表决结果的合法有效性进行律师见证，并发表本法律意 见。 本所律师 ...