证券代码：002208 证券简称：合肥城建 公告编号：2025086 合肥城建发展股份有限公司 第八届监事会第二十次会议决议公告 本公司及监事会全体成员保证公告内容真实、准确和完整，并对公告中的虚 假记载、误导性陈述或者重大遗漏承担责任。 合肥城建发展股份有限公司（以下简称"公司"）第八届监事会第二十次会 议（以下简称"会议"）于 2025 年 10 月 22 日 11 时在公司十四楼会议室召开。 会议应到监事 3 人，实到监事 3 人。会议召开程序符合《公司法》和《公司章程》 等有关规定。 会议由监事会主席倪瑶女士主持。经与会监事以记名方式投票表决，审议并 通过以下决议： 《公司 2025 年第三季度报告》具体内容详见 2025 年 10 月 23 日《证券时报》 《中国证券报》《上海证券报》《证券日报》及巨潮资讯网（www.cninfo.com.cn）。 二、会议以 3 票同意，0 票反对，0 票弃权的表决结果审议并通过《关于修 订<公司章程>的议案》； 《关于修订<公司章程>的公告》具体内容详见 2025 年 10 月 23 日《证券时 报》《中国证券报》《上海证券报》《证券日报》及巨潮资讯网（www. ...

证券代码：002208 证券简称：合肥城建 公告编号：2025085 合肥城建发展股份有限公司 第八届董事会第二十五次会议决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，并对公告中的 虚假记载、误导性陈述或者重大遗漏承担责任。 合肥城建发展股份有限公司（以下简称"公司"）第八届董事会第二十五次 会议（以下简称"会议"）于 2025 年 10 月 22 日 9 时在公司十四楼会议室召开。 会议应到董事 10 人，实到董事 10 人。会议召开程序符合《公司法》和《公司章 程》等有关规定。 会议由董事长宋德润先生主持，公司监事及高级管理人员列席了会议。经与 会董事以记名方式投票表决，审议并通过以下决议： 一、会议以 10 票同意，0 票反对，0 票弃权的表决结果审议并通过《公司 2025 年第三季度报告》； 《公司 2025 年第三季度报告》具体内容详见 2025 年 10 月 23 日《证券时报》 《中国证券报》《上海证券报》《证券日报》及巨潮资讯网（www.cninfo.com.cn）。 本议案已经公司董事会审计委员会审议通过。 二、会议以 10 票同意，0 票反对，0 票弃权的表决结果审议并通过 ...

Financial Performance - The company's operating revenue for the third quarter was ¥1,676,736,922.07, a decrease of 58.90% compared to the same period last year[5] - The net profit attributable to shareholders was -¥51,313,526.82, representing a decline of 169.62% year-on-year[5] - The net cash flow from operating activities decreased by 546.32% year-on-year, totaling -¥3,356,603,290.87[5] - The basic earnings per share were -¥0.0639, down 169.61% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥65,043,309.72, a decline of 190.73% year-on-year[5] - The company's net profit for the current period is ¥92,455,528.21, a decrease from ¥286,757,688.39 in the previous period, representing a decline of approximately 67.7%[18] - Total revenue from operating activities decreased to ¥3,321,844,438.64, down from ¥6,160,390,047.61, indicating a decline of about 46.0%[22] - The company reported a total comprehensive income of ¥92,455,528.21, with a loss attributable to the parent company of ¥39,254,118.34[19] - Basic and diluted earnings per share are both -¥0.0489, compared to ¥0.1097 in the previous period, indicating a negative shift in profitability[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥36,756,119,053.32, a decrease of 5.09% from the end of the previous year[5] - Total assets decreased to CNY 36,756,119,053.32 from CNY 38,725,567,969.05, a decline of 5.1%[15] - Total liabilities decreased to CNY 26,747,520,312.08 from CNY 28,972,680,647.36, a reduction of 7.7%[15] - The company's equity increased to CNY 10,008,598,741.24 from CNY 9,752,887,321.69, reflecting a growth of 2.6%[15] Cash Flow - The company's cash and cash equivalents decreased to CNY 3,786,789,799.45 from CNY 5,364,941,749.15, reflecting a decline of 29.4%[13] - The net cash flow from operating activities is -¥3,356,603,290.87, compared to -¥519,341,844.36 in the previous period, reflecting a significant increase in cash outflow[22] - The investment activities generated a net cash flow of ¥81,286,247.76, down from ¥117,356,217.89 in the previous period[22] - The financing activities resulted in a net cash flow of ¥1,771,031,381.90, compared to ¥85,563,412.08 in the previous period, showing a substantial increase[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,325[10] - The largest shareholder, Hefei Xingtai Financial Holding Group Co., Ltd., held 36.92% of the shares[10] Costs and Expenses - Total operating costs amounted to CNY 6,233,321,264.78, up 30.4% from CNY 4,781,335,118.31 in the prior period[17] - The company incurred financial expenses of ¥235,169,027.88, significantly higher than ¥107,416,378.99 in the previous period, marking an increase of approximately 118.5%[18] - The company reported a tax expense of ¥16,662,505.61, down from ¥144,280,453.69 in the previous period, indicating a decrease of approximately 88.4%[18] Inventory and Receivables - Accounts receivable increased to CNY 511,483,119.98, up 50.9% from CNY 339,025,843.34 at the beginning of the period[14] - Inventory rose to CNY 23,949,167,543.90, an increase of 4.6% from CNY 22,892,791,011.44[14] Other Financial Metrics - The weighted average return on equity was -0.80%, down 1.92% compared to the previous year[5] - The company reported a significant increase in land and project payments, contributing to the decline in cash flow[8] - Long-term borrowings rose significantly to CNY 8,658,097,099.99 from CNY 6,598,196,686.09, an increase of 31.2%[15] - The company reported a net profit margin improvement, with net profit figures to be detailed in the upcoming reports[16]

Core Viewpoint - The rental and sales rights concept has seen a rise of 1.26%, ranking 7th among concept sectors, with 18 stocks increasing in value, while some stocks experienced declines [1][2]. Group 1: Market Performance - The top performers in the rental and sales rights sector include *ST Nanzhi, which hit the daily limit, and companies like Hefei Urban Construction, Shibei High-tech, and Huitong Energy, which rose by 7.55%, 7.35%, and 4.53% respectively [1]. - Conversely, the stocks that faced the largest declines include Poly Developments, Mingpai Jewelry, and China Merchants Shekou, which fell by 1.81%, 1.68%, and 1.50% respectively [1]. Group 2: Capital Flow - The rental and sales rights sector experienced a net outflow of 518 million yuan in principal funds, with five stocks receiving net inflows. Zhangjiang Hi-Tech led with a net inflow of 235 million yuan, followed by Shibei High-tech, Huitong Energy, and Mingpai Jewelry [2][3]. - The net inflow ratios for leading stocks in the sector were 8.93% for Shibei High-tech, 7.82% for Huitong Energy, and 4.83% for Zhangjiang Hi-Tech [3]. Group 3: Stock Performance Metrics - The stock performance metrics for key companies in the rental and sales rights sector include: - Zhangjiang Hi-Tech: 2.39% increase, 6.85% turnover rate, 234.88 million yuan net inflow, 4.83% net inflow ratio [3]. - Shibei High-tech: 7.35% increase, 12.67% turnover rate, 110.36 million yuan net inflow, 8.93% net inflow ratio [3]. - Huitong Energy: 4.53% increase, 2.04% turnover rate, 11.07 million yuan net inflow, 7.82% net inflow ratio [3].

Group 1 - The real estate sector experienced a counter-trend rally on October 22, with notable stocks such as Jingtou Development and Guangming Real Estate hitting the daily limit up [1] - Yinxin Development achieved a third consecutive limit up, indicating strong market interest [1] - Other companies like Shangshi Development, Hefei Urban Construction, and Yunnan Urban Investment also saw their stock prices rise, reflecting a broader positive sentiment in the sector [1]

Group 1 - The real estate sector has become active again, with Yingxin Development achieving three consecutive trading limits [1] - Guangming Real Estate has seen an increase of over 9% [1] - Other companies such as Hefei Urban Construction, Caixin Development, Shahe Co., and Tiandi Source have also experienced upward movement [1]

Group 1 - The new urbanization sector opened high on October 22, indicating positive market sentiment [1] - Wuhan Holdings achieved a consecutive two-day increase, reflecting strong investor interest [1] - Beixin Road and Bridge, and Northern International reached their daily limit up, showcasing significant gains in the sector [1] Group 2 - Other companies such as Sujiao Science and Technology, Zhonggong International, Xinjiang Communications Construction, and Hefei Urban Construction also experienced upward movement, indicating a broader trend in the new urbanization sector [1]

Core Viewpoint - Recent trends show that several previously popular stocks are becoming active again, with new hot stocks emerging in the market. The movements of significant funds, including margin trading funds, behind these popular stocks are noteworthy [1]. Group 1: Margin Trading Fund Movements - The trading activity of margin funds remains active for some popular stocks, but there are notable differences in the movements of these funds across different stocks [2]. - New Yi Sheng, one of the strongest stocks in the A-share market this year, saw its financing balance rise from less than 3 billion yuan at the beginning of the year to over 17 billion yuan by early October. However, it has recently shown a decreasing trend, dropping to 15.659 billion yuan by October 20 [2]. - Zhongji Xuchuang also experienced a significant increase in financing balance, reaching a historical high of 17.016 billion yuan on October 20 after a brief decline earlier in the month [2]. - Tianfu Communication's financing balance fluctuated, decreasing to 2.834 billion yuan on October 17 but rebounding to 2.944 billion yuan by October 20 [3]. - Dayou Energy, which achieved seven limit-up days in eight trading days, saw its financing balance grow from 62 million yuan at the end of September to 83 million yuan by October 20, although the increase was limited [3]. - Haikong Group's financing balance increased slightly from 296 million yuan at the end of September to 314 million yuan by October 20, despite some fluctuations [3]. Group 2: Stocks on the Trading Board - Several popular stocks have frequently appeared on the trading board, indicating significant trading activity [4]. - Hefei Urban Construction, which has seen its stock price rise over 80% in October, had a net buy of approximately 36.23 million yuan from a specific trading seat during two trading days [5]. - Online and Offline, another popular stock with a cumulative increase of over 120% since mid-September, saw significant net buying from institutional seats, with two seats net buying over 50 million yuan [5]. - Deshi Co., which experienced consecutive limit-up days, had a net buy of approximately 5.41 million yuan from a specific institutional seat over two trading days [5].

Strong Stocks - As of October 21, the Shanghai Composite Index rose by 1.36% to 3916.33 points, the Shenzhen Component Index increased by 2.06% to 13077.32 points, and the ChiNext Index climbed by 3.02% to 3083.72 points [1] - A total of 90 stocks in the A-share market hit the daily limit, with the top three strong stocks being Dayou Energy (600403), Hefei Urban Construction (002208), and Shanghai Shimao Development (600748) [1] - The top 10 strong stocks with specific data include: - Dayou Energy: 8 days with 7 limit-ups, turnover rate of 4.79%, and closing price of 9.11 [1] - Hefei Urban Construction: 8 days with 6 limit-ups, turnover rate of 14.2%, and closing price of 15.7 [1] - Shanghai Shimao Development: 5 days with 3 limit-ups, turnover rate of 8.87%, and closing price of 11.3 [1] Strong Concept Sectors - The top three concept sectors with the highest gains in the A-share market are Combustible Ice, Shale Gas, and Cultured Diamonds [2] - The top 10 concept sectors with their respective performance data include: - Combustible Ice: 5.51% increase [3] - Shale Gas: 4.33% increase [3] - Cultured Diamonds: 4.13% increase [3] - Other notable sectors include CPO (3.81%), Optical Fiber (3.29%), F5G (3.11%), MicroLED (3.03%), PCB (3.0%), Apple-related (2.97%), and MiniLED (2.94%) [3]

Core Insights - Hefei Urban Construction experienced a trading surge, hitting the daily limit with a turnover rate of 14.20% and a transaction volume of 1.578 billion yuan, with a price fluctuation of 12.24% [2] - The stock was listed on the Dragon and Tiger list due to a price deviation of 8.24%, with net purchases from the Shenzhen Stock Connect amounting to 61.803 million yuan [2] - The top five trading departments accounted for a total transaction volume of 336 million yuan, with net purchases of 118 million yuan [2] Trading Activity - The stock has appeared on the Dragon and Tiger list five times in the past six months, with an average price increase of 4.13% the day after being listed and an average increase of 28.23% over the following five days [3] - Today's net inflow of main funds into the stock was 363 million yuan, with large orders contributing 320 million yuan and net inflow from large funds at 42.2167 million yuan [3] - Over the past five days, the net inflow of main funds totaled 231 million yuan [3] Major Trading Departments - The top buying department was the Shenzhen Stock Connect, with a purchase amount of 98.2179 million yuan and a selling amount of 36.4149 million yuan, resulting in a net purchase of 61.803 million yuan [3] - Other notable buying departments included Huayin Securities and Huabao Securities, with respective purchase amounts of 32.9384 million yuan and 28.0137 million yuan [3] - The top selling department was also the Shenzhen Stock Connect, with significant sales from other departments such as Guoxin Securities and Dongfang Caifu Securities [3]