Core Insights - The company reported a revenue of 283 million yuan for Q3 2025, representing a year-on-year decline of 14.24% [1] - The net profit attributable to shareholders was 1.2948 million yuan, showing a significant year-on-year increase of 103.65% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -1.2842 million yuan [1] Financial Performance - Revenue: 283 million yuan, down 14.24% year-on-year [1] - Net Profit: 1.2948 million yuan, up 103.65% year-on-year [1] - Adjusted Net Profit: -1.2842 million yuan [1]

证券代码：002162 证券简称：悦心健康 公告编号：2025-055 上海悦心健康集团股份有限公司 第八届董事会第十八次会议决议公告 公司董事会认为：《2025 年第三季度报告》的编制符合法律法规、中国证监会及深 圳证券交易所的相关规定，报告内容真实、准确、完整地反映了公司的实际情况，不存 在任何虚假记载、误导性陈述或者重大遗漏。 公司董事会审计委员会已审议通过了该议案中的财务信息部分，并同意提交至董事 会进行审议。 表决结果：9 票赞成，0 票反对，0 票弃权 《2025 年第三季度报告》（公告编号：2025-056）同日披露于《中国证券报》、《证 券时报》、《上海证券报》、《证券日报》和巨潮资讯网（www.cninfo.com.cn）。 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、 误导性陈述或者重大遗漏。 一、董事会会议召开情况 上海悦心健康集团股份有限公司（以下简称"公司"）第八届董事会第十八次会议 于 2025 年 10 月 20 日以电子邮件方式发出通知，会议于 2025 年 10 月 24 日在上海市闵 行区浦江镇恒南路 1288 号会议室以现场结合通讯方式召开。 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥283,318,009.11, a decrease of 14.24% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2025 was ¥1,294,779.88, an increase of 103.65% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥1,284,174.91, a decrease of 96.81% compared to the same period last year[5]. - The basic earnings per share for Q3 2025 was ¥0.0014, up 103.63% year-on-year[5]. - Total operating revenue decreased to ¥771,308,298.16 from ¥888,897,808.68, a decline of approximately 13.2% year-over-year[22]. - Total operating costs decreased to ¥772,782,653.64 from ¥912,768,563.09, a reduction of about 15.4% year-over-year[23]. - Net profit for the period was ¥1,936,682.35, compared to a net loss of ¥35,761,583.82 in the previous period, marking a significant turnaround[24]. - Operating profit improved to ¥3,735,902.32 from a loss of ¥31,000,906.45, indicating a recovery in operational performance[23]. - The company reported a basic earnings per share of ¥0.0034, recovering from a loss of ¥0.0358 per share in the previous period[24]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥32,096,895.16, a decrease of 4.24% compared to the previous year[5]. - Cash flow from operating activities generated a net cash inflow of ¥32,096,895.16, slightly down from ¥33,518,001.83 in the previous period[25]. - Cash inflow from investment activities totaled $42,788,896.31, while cash outflow amounted to $69,100,657.85, resulting in a net cash flow of -$26,311,761.54[26]. - Cash inflow from financing activities was $359,142,227.13, with cash outflow of $320,459,960.00, leading to a net cash flow of $38,682,267.13[26]. - The net increase in cash and cash equivalents for the period was $44,467,406.32, compared to a decrease of $48,281,116.25 in the previous period[26]. - The ending balance of cash and cash equivalents was $190,113,027.75, up from $145,645,621.43 at the beginning of the period[26]. - The company received $302,655,000.00 in cash from borrowings during the financing activities[26]. Assets and Liabilities - Total assets at the end of Q3 2025 were ¥2,005,799,476.26, a decrease of 2.53% from the end of the previous year[5]. - The total assets as of September 30, 2025, amounted to 2,005,799,476.26, a decrease from 2,057,924,527.48 at the beginning of the period[19]. - Current assets totaled 670,307,389.01, slightly up from 650,211,849.95 at the beginning of the period[19]. - The total liabilities decreased to ¥1,169,501,554.59 from ¥1,214,146,314.58, reflecting a reduction in financial obligations[22]. - Total equity decreased to ¥836,297,921.67 from ¥843,778,212.90, indicating a slight decline in shareholder value[22]. - The company reported a total of 1,335,492,087.25 in non-current assets, down from 1,407,712,677.53 at the beginning of the period[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 53,403, with no preferred shareholders having restored voting rights[14]. - CIMIC INDUSTRIAL INC. holds the largest share at 37.43%, with 344,206,164 shares pledged amounting to 200,000,000[14]. Investment and Expenses - The company reported a significant increase in investment income of ¥6,143,469.49, a rise of 256.29% year-on-year, mainly due to increased debt restructuring gains[10]. - The company experienced a 165.58% increase in credit impairment losses, reflecting a shift in credit policy that reduced credit risk[12]. - Research and development expenses were ¥4,952,013.58, down from ¥5,860,659.43, suggesting a potential shift in investment strategy[23]. - The company received ¥68,831,569.65 in cash related to other operating activities, down from ¥113,643,475.00, indicating a decrease in operational cash inflows[25]. Other Information - The third quarter financial report was not audited[27].

Core Insights - The company reported a third-quarter revenue of 283 million yuan, representing a year-on-year decline of 14.24% [1] - The net profit for the third quarter was 1.29 million yuan, showing a significant year-on-year increase of 103.65% [1] - For the first three quarters, the total revenue was 771 million yuan, down 13.23% compared to the same period last year [1] - The net profit for the first three quarters reached 3.08 million yuan, reflecting a year-on-year growth of 109.33% [1]

Market Overview - A-shares experienced a significant rally on October 20, with the ChiNext Index surging nearly 4% to surpass 3000 points, while the Hang Seng Index rose over 2% [1] - The Shanghai Composite Index closed up 0.63% at 3863.89 points, and the Shenzhen Component Index increased by 0.98% to 12813.21 points, with the ChiNext Index gaining 1.98% to 2993.45 points [1] - Total trading volume in the Shanghai and Shenzhen markets reached 175.15 billion yuan, a decrease of over 20 billion yuan compared to the previous day [1] Sector Performance Coal and Gas Sector - The coal and gas sectors saw substantial gains, with multiple stocks hitting the daily limit, including Shaanxi Black Cat, Antai Group, and Zhengzhou Coal Electricity [12] - Daya Energy achieved six limit-up days in the past seven trading days, indicating strong momentum in the coal sector [12][14] - Recent data shows that coal prices have risen significantly, with a cumulative increase of 34 yuan/ton since October, driven by seasonal demand fluctuations [14] CPO Concept - The CPO concept stocks surged, with Yuanjie Technology rising over 14% and Cambridge Technology hitting the daily limit [16] - The demand for 1.6T optical modules is expected to increase, with industry forecasts adjusting total demand from 1 million to 2 million units due to rapid growth in AI training and inference network bandwidth [18] Robotics Sector - The humanoid robotics concept became active again, with stocks like Zhuhai Gree and Ruineng Technology hitting the daily limit [20] - Zhiyuan Robotics launched a new generation of industrial-grade interactive robots, showcasing significant advancements in technology and market potential [22] Notable Stocks - Deshi Co., Ltd. (301158) saw a sharp increase, closing with a 20% limit-up, with significant trading volume concentrated in the last 15 minutes of trading [5][8] - Yuanjie Technology and Cambridge Technology were highlighted for their strong performance in the CPO sector, indicating investor interest in technology-driven growth [16][18]

Group 1 - International gold prices experienced a significant drop after reaching record highs of $4,300 per ounce, falling below $4,200 on October 17, with a rebound to $4,269.8 by October 20 [1] - COMEX silver futures also saw a sharp decline, dropping over 5%, while spot silver fell more than 6%, marking the largest drop in six months [1] - The gold sector in the A-share market reacted negatively, with the precious metals sector overall declining by 7.09% on October 20, and several individual stocks, such as Hunan Silver and Western Gold, hitting their daily limit down [1] Group 2 - The recent drop in gold prices is attributed to multiple factors, including a technical correction after a significant price increase and a decrease in geopolitical risk sentiment, which reduced gold's short-term appeal [2] - The correlation between gold prices and gold stocks is highlighted, indicating that when gold price trends are disrupted, investors reassess the valuations of gold companies, often leading to larger declines in stock prices compared to gold itself [2] - Risk warnings have been issued by various banks, including Industrial and Commercial Bank of China, emphasizing the need for investors to be aware of market changes and to manage their gold asset allocations prudently [3][4] Group 3 - Several banks, including Everbright Bank and Industrial Bank, have issued multiple risk alerts regarding the volatility in precious metals prices, advising investors to control their positions and invest rationally [3][4] - Despite the increased volatility and risk warnings, gold is still considered to hold unique value in asset allocation, with recommendations for investors to adopt a strategy of gradual investment rather than chasing price spikes [4] - The core purpose of gold allocation for ordinary investors should be to hedge against macroeconomic uncertainties and inflation risks, suggesting that gold holdings should be maintained at a reasonable proportion of total assets for long-term investment [4]

Core Viewpoint - The A-share market experienced a significant rebound, particularly in technology stocks, with the Shanghai Composite Index rising by 0.69%, the Shenzhen Component Index by 1.38%, and the ChiNext Index by 2.49% [2]. Market Performance - The total trading volume in the Shanghai and Shenzhen markets reached 1.16 trillion yuan, a decrease of 16.5 billion yuan compared to the previous trading day, with over 4,200 stocks showing gains [4]. - The A-share market's total market capitalization surpassed 24.5 trillion yuan [4]. Sector Highlights - Technology stocks, particularly in CPO, computing power, and 6G concepts, saw significant gains, with companies like Cambrian Technology reporting a revenue increase of 2386.38% year-on-year [4][6]. - Solid-state battery concepts gained traction, with companies like Hekang New Energy and Zhuhai Guanyu rising over 10% following announcements of technological breakthroughs in solid-state battery production [6][8]. - Precious metals experienced a notable decline, with the precious metals sector down by 6.09% [3]. Notable Stocks - Agricultural Bank of China saw its stock price rise over 1%, continuing a streak of 12 consecutive days of gains [4]. - Companies in the CPO sector, such as Huijie Ecology and Cambridge Technology, reached their daily limit up [8]. - The stock of Cambrian Technology expanded its gains to over 5%, trading at 1318.97 yuan [4].

Core Viewpoint - Yueshen Health (002162) reported on October 14 that as of October 10, 2025, the total number of shareholders is 53,052, with institutional shareholders numbering 3,082 [1] Summary by Category - **Shareholder Information** - Total number of shareholders: 53,052 [1] - Total number of institutional shareholders: 3,082 [1]

Core Viewpoint - Yueshen Health announced the establishment of multiple healthcare facilities with a total of approximately 2,160 beds across different locations in China, indicating a significant expansion in the elder care sector [1] Group 1: Facility Details - Shanghai Fengxian Jinhai Yueshen Nursing Home has a confirmed capacity of about 310 beds [1] - Jiangsu Suqian Yueshen·Sihong Health Center has opened 220 beds under a universal pension scheme [1] - Zhejiang Wenzhou Longgang Medical and Health Education Demonstration Park features 610 beds, comprising 350 beds for elderly care and 260 beds for nursing care [1] - Zhejiang Kangrui Jia Health Management Co., Ltd. operates a total of 1,000 beds [1]

Group 1 - The core viewpoint of the article is that Yueshen Health (002162) is focusing on a light asset operation model in its health and wellness business, primarily through the management of public-private partnership projects [1] - The company has successfully launched operational projects including the Shanghai Fengxian Jinhai Yueshen Nursing Home, Jiangsu Suqian Yueshen Sihong Health Center, and Zhejiang Wenzhou Longgang Medical and Health Education Demonstration Park [1] - Yueshen Health is also expanding its scale through external mergers and acquisitions, utilizing direct strategic investments and establishing investment incubation platforms to reserve and cultivate new strategic projects, including a strategic investment in Zhejiang Kangruijia Health Management Co., Ltd [1]