Revenue and Profitability - Revenue for the third quarter reached ¥445,387,619.52, an increase of 59.35% compared to the same period last year[5] - Net profit attributable to shareholders was -¥4,103,342.75, a decrease of 94.36% year-on-year[5] - The net profit after deducting non-recurring gains and losses was -¥9,088,638.24, a decline of 138.24% compared to the previous year[5] - Total profit decreased to -¥95,101,281.33, a decline of 47.54% from -¥64,459,529.15, primarily due to reduced zinc ingot production and increased costs[9] - Operating profit fell to -¥72,340,566.06, down 390.26% from ¥24,922,607.14, influenced by market trends and increased costs[9] - Net profit for the current period is -¥97,397,176.22, worsening from -¥71,958,447.96 in the previous period[22] - Basic and diluted earnings per share are both -¥0.30, compared to -¥0.22 in the previous period[22] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of ¥81,479,804.32, down 59.72% year-to-date[5] - Net cash flow from operating activities decreased by 59.72% to ¥81,479,804.32 from ¥202,305,235.97, due to increased cash outflows[10] - Cash flow from investment activities showed a net outflow of -¥45,465,708.30, an improvement of 53.20% compared to -¥97,155,124.15, due to increased cash inflows from dividends[10] - Cash and cash equivalents at the end of the period decreased by 64.01% to ¥14,449,312.74 from ¥40,145,885.84, reflecting a significant reduction in cash reserves[11] - The total net increase in cash and cash equivalents was -$62,490,364.16, compared to -$94,318,450.06 in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,247,991,966.79, a decrease of 4.42% from the end of the previous year[5] - The company's equity attributable to shareholders decreased by 10.45% to ¥845,281,042.78 compared to the previous year[5] - Total liabilities amount to ¥1,404,912,436.91, slightly down from ¥1,409,238,252.37 in the previous period[19] - Non-current liabilities decreased to ¥338,055,496.36 from ¥406,397,262.42 in the previous period[19] - The estimated liabilities increased to ¥41,305,409.10, up 55.25% from ¥26,606,471.10, primarily due to provisions for penalties related to mining operations[9] Operational Expenses - Sales expenses rose to ¥6,414,557.68, a 60.23% increase from ¥4,003,269.86, mainly due to higher promotional costs incurred by a wholly-owned subsidiary[9] - R&D expenses increased by 33.20% to ¥1,629,342.37 from ¥1,223,256.70, attributed to a rise in personnel and testing costs[9] - Total operating costs increased to ¥1,014,669,321.81, up 2.5% from ¥990,814,934.24 in the previous period[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 33,312[13] - The largest shareholder, Qujing Development Investment Group Co., Ltd., holds 22.40% of shares, totaling 72,427,600 shares[13] - The company completed a share transfer agreement on May 30, 2025, transferring 72,427,600 shares at a price of 6.471 yuan per share[15] - The new controlling shareholder is Qujing Development Investment Group, which now holds 22.3960% of the total shares[15] - The total number of preferred shareholders is zero, indicating no preferred shares are currently held[15] Investment and Financing Activities - The company received financing pledge deposits amounting to ¥251,201,502.03, a 41.13% increase from ¥177,994,865.98, indicating enhanced financing activities[10] - Cash inflow from financing activities totaled $557,456,085.36, with cash outflow of $655,960,545.54, resulting in a net cash outflow of $98,504,460.18[25] - The company paid $361,645,000.00 in cash for debt repayment, reflecting a significant cash outflow in financing activities[25]

Core Viewpoint - The stock of Luoping Zinc & Electricity has shown a significant increase of 39.89% year-to-date, despite recent fluctuations in trading performance and a notable decline in revenue and profit for the first half of 2025 [1][2]. Group 1: Stock Performance - As of October 23, Luoping Zinc & Electricity's stock price rose by 2.07% to 7.89 CNY per share, with a trading volume of 80.92 million CNY and a turnover rate of 3.23%, resulting in a total market capitalization of 2.55 billion CNY [1]. - Year-to-date, the stock has increased by 39.89%, with a slight rise of 0.77% over the last five trading days, a decline of 1.13% over the last 20 days, and an increase of 6.91% over the last 60 days [1]. Group 2: Financial Performance - For the first half of 2025, Luoping Zinc & Electricity reported an operating revenue of 521 million CNY, representing a year-on-year decrease of 25.97%. The net profit attributable to shareholders was -92.19 million CNY, a significant decline of 3964% compared to the previous year [2]. - The company has not distributed any dividends in the last three years, with a total payout of 35.74 million CNY since its A-share listing [3]. Group 3: Company Overview - Luoping Zinc & Electricity, established on December 21, 2000, and listed on February 15, 2007, is located in Luoping County, Yunnan Province. Its main business activities include hydropower generation, lead-zinc mining, ore dressing, and the smelting of lead and zinc metals [1]. - The revenue composition of the company is as follows: zinc ingots and zinc alloys account for 82.42%, germanium concentrate 8.29%, electricity 3.02%, sulfuric acid 2.57%, lead slag 1.63%, silver concentrate 0.84%, edible oil and by-products 0.60%, and other minor products [1].

Group 1 - The metal lead concept declined by 1.77%, ranking among the top declines in the concept sector, with companies like Hunan Silver, Wolong New Energy, and Silver Industry showing significant drops [1][2] - Among the concept stocks, 6 stocks experienced price increases, with Weiling Co., Shengtun Mining, and Luoping Zinc Electric rising by 2.05%, 0.96%, and 0.78% respectively [1][2] - The metal lead concept saw a net outflow of 1.076 billion yuan from main funds today, with 29 stocks experiencing outflows, and 6 stocks seeing outflows exceeding 50 million yuan [2][3] Group 2 - The top net outflow stock was Zijin Mining, with a net outflow of 287 million yuan, followed by Hunan Silver, Huayu Mining, and Wolong New Energy with outflows of 100 million yuan, 80.57 million yuan, and 75.99 million yuan respectively [2][3] - The stocks with the highest net inflow included Weiling Co., Guocheng Mining, and Smart Agriculture, with net inflows of 13.82 million yuan, 9.19 million yuan, and 7.48 million yuan respectively [2][3] - The trading volume for Zijin Mining was 1.53%, while Hunan Silver had a turnover rate of 10.21% [3]

Group 1 - The company, Loping Zinc & Electricity, reported that as of September 10, 2025, the number of shareholders is 33,107 [1]

Core Points - As of October 10, 2025, the number of shareholders for the company is 32,152 households [1] Summary by Category - **Shareholder Information** - The company has a total of 32,152 shareholders as of the specified date [1]

Core Viewpoint - The company held its first meeting of the ninth board of directors on October 16, 2025, where key leadership positions were elected and management appointments were made [2][4][32]. Meeting Details - The meeting was conducted with all six directors present, and the voting process was completed with unanimous support for all resolutions [2][5]. - The meeting adhered to the relevant laws and regulations, confirming its legality [3]. Election of Board Members - The board elected Mr. Xiao Lisheng as the chairman and legal representative for a term of three years [4][32]. - The board also elected members for the audit, nomination, and remuneration committees, ensuring compliance with governance standards [4][6][8]. Management Appointments - Mr. Xiao Lisheng was appointed as the general manager, while Mr. Chen Kejin and Mr. Li Zhimin were appointed as deputy general managers, all for a term of three years [10][12][14]. - The board will appoint a new secretary as the position is currently vacant, with Mr. Xiao Lisheng acting in this role temporarily [4][10]. Financial Management - The board approved the proposal to entrust a third-party agency to select a new financial director, ensuring a professional and fair selection process [16][21]. - Mr. Xiao Lisheng will temporarily assume the responsibilities of the financial director until a new appointment is made [57][58]. Governance Structure - The ninth board consists of nine members, including six non-independent directors and three independent directors, maintaining a balance in governance [32][34]. - The company will expedite the selection of additional non-independent directors to ensure stable governance [33].

Group 1 - The company announced that the general manager, Mr. Xiao Li, will temporarily assume the duties of the financial director until a new financial director is appointed [2] - This decision is in accordance with the company's articles of association and internal management system [2] - The announcement was made on the evening of October 17 [2]

Core Viewpoint - The company, Luoping Zinc & Electricity, announced its intention to publicly select a financial director through a third-party professional organization [2] Group 1 - The announcement was made on the evening of October 17 [2] - The selection process will be open to the market [2] - The company is seeking to enhance its financial management by appointing a new financial director [2]

云南罗平锌电股份有限公司 关于公司总经理代行财务总监职责的公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，不存在虚假记 载、误导性陈述或重大遗漏。 云南罗平锌电股份有限公司（以下简称"公司"或"罗平锌电"）于 2025 年 10 月 16 日召开了第九届董事会第一次（临时）会议，审议通过了关于《总 经理代行财务总监职责》的议案。 鉴于公司原财务总监任期已届满且不再担任财务总监职务，公司正在积极 物色合适的财务总监人选。为确保公司财务工作的连续性和稳定性，保障各项 经营活动的正常进行，保证财务决策和资金管理工作的无缝衔接，避免职位空 缺对公司运营造成不利影响，根据《中华人民共和国公司法》及《公司章程》 的相关规定，经公司董事会提名委员会对肖力升先生拟代行财务总监职责的资 格审查，在公司聘任新的财务总监前，由总经理肖力升先生代为行使《公司章 程》及公司内部管理制度中规定的财务总监的一切职权。 证券代码：002114 证券简称：罗平锌电 公告编号：2025-054 本次代职期限自本议案经董事会审议通过之日起，至公司正式聘任新任财 务总监并就任之日止。公司目前经营一切正常，将按照相关法律法规和《公司 章程 ...

本公司及董事会全体成员保证公告内容的真实、准确、完整，不存在虚假记 载、误导性陈述或重大遗漏。 云南罗平锌电股份有限公司（以下简称"公司"或"罗平锌电"）于 2025 年 10 月 16 日召开了第九届董事会第一次（临时）会议，审议通过了关于《委 托第三方机构遴选公司财务总监》的议案，现将具体情况公告如下： 证券代码：002114 证券简称：罗平锌电 公告编号：2025-055 云南罗平锌电股份有限公司 关于委托第三方机构遴选公司财务总监的公告 2.专业能力：具备扎实的财务、会计、金融、税务等专业知识，通常要求持 有注册会计师(CPA)、特许金融分析师(CFA)、高级会计师或同类高级别专业资格 一、遴选基本情况 鉴于公司原任财务总监任期已届满，为保障公司财务管理工作的连续性和稳 定性，同时确保选拔过程的专业性、公正性和广泛性，公司拟通过委托第三方专 业机构的方式，面向市场公开遴选财务总监。 财务总监作为公司核心高级管理人员，承担着财务管理、资金运作、风险控 制、信息披露等关键职责。通过委托专业第三方机构开展遴选工作，能够充分利 用其专业评估工具、丰富的行业人才数据库和严谨的选拔流程，确保为公司甄选 出最符合战 ...