Group 1 - The company announced a share repurchase plan, intending to buy back 22,100,110 shares, which represents 5% of its total share capital [2] - The maximum purchase price for the shares is set at 11.5 yuan per share, while the minimum price is 9.44 yuan per share [2] - The total amount spent on the share repurchase is approximately 241.48 million yuan, excluding transaction fees [2] Group 2 - The funding for the share repurchase will come from the company's own funds and a special loan for stock repurchase [2]

Core Viewpoint - The company, Zhezhong Co., Ltd. (002346), has announced a share buyback program, indicating a commitment to returning value to shareholders and confidence in its financial position [1] Summary by Categories Share Buyback Details - As of October 31, the company has repurchased a total of 22,100,110 shares, which represents 5% of its total share capital [1] - The highest transaction price for the repurchased shares was 11.5 yuan per share, while the lowest was 9.44 yuan per share [1] - The total amount spent on the buyback reached 241.4773 million yuan [1] Future Plans - The company plans to continue the buyback program as per its outlined strategy and will disclose updates in a timely manner [1]

上海柘中集团股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，不存在虚假记载、 误导性陈述或者重大遗漏。 上海柘中集团股份有限公司（以下简称"公司"）于 2024 年 11 月 28 日召开 公司 2024 年第一次临时股东大会，审议通过了《关于回购公司股份方案暨取得金 融机构股票回购专项贷款的议案》，拟使用自有及股票回购专项贷款资金以集中竞 价交易方式回购公司发行的 A 股股份（以下简称"本次回购"），回购股份拟用于 员工持股计划或股权激励计划。本次回购股份数量下限 3,000 万股，回购股份数量 上限 3,300 万股；回购股份总金额不低于人民币 30,000 万元，不超过人民币 33,000 万元，回购价格不超过人民币 11.5 元/股，具体回购数量以回购期限届满时实际回 购的股份数量为准。回购股份实施期限为自公司股东大会审议通过本次回购股份方 案之日起 12 个月内。具体内容详见公司披露的《关于回购公司股份方案暨取得金 融机构股票回购专项贷款的公告》（公告编号：2024-36）。 证券简称：柘中股份 证券代码：002346 公告编号： ...

Core Insights - The company achieved significant growth in its performance for Q3 2025, successfully reversing the losses from the same period last year, showcasing exceptional profitability and investment management effectiveness [1][2] Financial Performance - The net profit attributable to shareholders for Q3 reached 206 million yuan, a substantial increase of 5,282.88% year-on-year [1] - Cumulative net profit for the year-to-date reached 352 million yuan, reflecting a year-on-year growth of 338.55% [1] - Total profit increased by 307.06% year-on-year, despite adjustments in operating revenue [1] Investment Performance - Investment income saw a year-on-year increase of 145.53%, primarily due to higher returns from financial assets and long-term equity investments [1] - Fair value changes in financial assets showed a strong growth of 175.45%, indicating a significant increase in the value of financial assets measured at fair value [1] Asset Management - Total assets reached 4.02 billion yuan, a 1.37% increase compared to the end of the previous year, indicating stable asset scale [1] - Net cash flow from investment activities surged by 1,360.76% year-on-year, driven by increased cash from investment recoveries and earnings [1]

Major Events - Vanke A's largest shareholder, Shenzhen Metro Group, plans to provide a loan of up to 2.2 billion yuan to the company for repaying bond principal and interest, with a term of no more than 3 years and an interest rate reduced by 66 basis points from the 1-year LPR [2] - ST Chuangxing's chairman, Liu Peng, has been arrested on criminal charges, but the company states that this matter is unrelated to its operations, and the board is functioning normally [2] - Shannon Chip's chairman, Fan Yongwu, resigned for personal reasons, and Huang Zewei has been elected as the new chairman, holding over 10% of the company's shares [3] - China Coal Energy has invested 1 billion yuan in a state-owned strategic emerging industry fund, which has a total size of 51 billion yuan, aimed at expanding its industrial cooperation ecosystem [4] - Da'an Gene's board has authorized management to sell part of its stock assets, with a limit of 1% through centralized bidding and 2% through block trading [5][6] - Kaineng Health plans to acquire several subsidiaries from Yuaneng Group to strengthen its investment in the cell industry [6] - David Medical's subsidiary has received a medical device registration certificate for a disposable lung nodule positioning puncture needle [7] Financial Performance - Sairus reported a Q3 net profit of 2.371 billion yuan, a decrease of 1.74% year-on-year, with a revenue of 48.133 billion yuan, up 15.75% [8] - Upwind New Materials achieved a Q3 net profit of 30.6473 million yuan, a 49.66% increase year-on-year, with revenue of 496 million yuan, up 23.73% [9] - Youzu Network's Q3 net profit surged by 4466.74% to 26.1999 million yuan, with revenue of 331 million yuan, up 11.99% [10] - Zhongji Xuchuang's Q3 net profit increased by 124.98% to 3.137 billion yuan, with revenue of 10.216 billion yuan, up 56.83% [11] - SAIC Group's Q3 net profit reached 2.083 billion yuan, a 644.88% increase, with revenue of 169.403 billion yuan, up 16.19% [12] - China Life's Q3 net profit was 126.873 billion yuan, a 91.5% increase, with revenue of 298.66 billion yuan, up 54.8% [13] - Pingtan Development's Q3 net profit grew by 1970.63% to 16.1449 million yuan, with revenue of 287 million yuan, up 11.78% [14] - Huatai Securities reported a Q3 net profit of 5.183 billion yuan, a decrease of 28.11%, with revenue of 10.909 billion yuan, down 6.94% [15] - Yanzhou Coal's Q3 net profit was 2.288 billion yuan, down 36.60%, with revenue of 38.259 billion yuan, down 0.26% [16] - Dongwu Securities' Q3 net profit increased by 50.56% to 1.003 billion yuan, with revenue of 2.846 billion yuan, up 38.39% [17] - Dongxing Securities' Q3 net profit surged by 112.67% to 780 million yuan, with revenue of 1.361 billion yuan, up 35.79% [18] - CMB Securities reported a Q3 net profit of 3.686 billion yuan, a 53.45% increase, with revenue of 7.723 billion yuan, up 64.89% [19] - Agricultural Bank's Q3 net profit was 81.349 billion yuan, up 3.66%, with revenue of 1809.81 billion yuan, up 4.30% [20] - Industrial and Commercial Bank's Q3 net profit reached 101.805 billion yuan, up 3.29%, with revenue of 2018.86 billion yuan, up 2.42% [21] - Shenghe Resources reported a Q3 net profit increase of 748.07% [22] - Ingrity Media's Q3 net profit was 442.85 million yuan, up 167.91%, with revenue of 1.919 billion yuan, up 29.70% [23] - China Duty Free's Q3 net profit decreased by 28.94% to 452 million yuan, with revenue of 11.711 billion yuan, down 0.38% [24] - Luzhou Laojiao's Q3 net profit was 3.099 billion yuan, down 13.07%, with revenue of 6.674 billion yuan, down 9.80% [25] - Longi Green Energy reported a Q3 net loss of 834 million yuan, with revenue of 18.101 billion yuan, down 9.78% [26] - New Hope's Q3 net profit was 512.55 million yuan, down 99.63%, with revenue of 28.879 billion yuan, up 4.51% [27] - Wealth Trend's Q3 net profit increased by 76.93% to 77.1855 million yuan, with revenue of 65.3534 million yuan, up 4.31% [28] - Hunan Silver's Q3 net profit was 96.3611 million yuan, up 47.51%, with revenue of 4.065 billion yuan, up 98.68% [29] - Spring Airlines' Q3 net profit decreased by 6.17% to 1.167 billion yuan, with revenue of 6.469 billion yuan, up 6.01% [30] - Litong Electronics reported a Q3 net profit of 165 million yuan, up 1432.90%, with revenue of 946 million yuan, up 57.09% [31] - Baosteel's Q3 net profit increased by 130.31% to 3.081 billion yuan, with revenue of 81.064 billion yuan, up 1.83% [32] - Giant Star Technology's Q3 net profit was 882 million yuan, up 18.96%, with revenue of 4.129 billion yuan, down 5.80% [33] - Wanda Film's Q3 net profit increased by 319.92% year-on-year [34] - COSCO Shipping's Q3 net profit decreased by 29% [35] - PetroChina's Q3 net profit was 42.29 billion yuan, down 3.9%, with revenue of 719.16 billion yuan, up 2.3% [36] - JA Solar reported a Q3 net loss of 3.553 billion yuan [37] - BOE Technology's Q3 net profit was 1.355 billion yuan, up 32.07%, with revenue of 53.270 billion yuan, up 5.81% [38] - BYD's Q3 net profit was 7.823 billion yuan, down 32.60%, with revenue of 194.985 billion yuan, down 3.05% [39] - Guotai Junan's Q3 net profit increased by 40.60% to 6.337 billion yuan, with revenue of 22.019 billion yuan, up 136.00% [40] - Jianghuai Automobile reported a Q3 net loss of 661 million yuan, with revenue of 11.513 billion yuan, up 5.54% [41] - Zhezhong Co. reported a Q3 net profit of 206 million yuan, up 5282.88%, with revenue of 232 million yuan, down 21.33% [42] - Yonghui Supermarket reported a Q3 net loss of 469 million yuan, with revenue of 12.486 billion yuan, down 25.55% [43] Shareholding Changes - Ruisheng Intelligent's shareholder plans to reduce its stake by up to 3% [44] - SF Holding adjusted its share repurchase plan to a total amount of not less than 1.5 billion yuan and not more than 3 billion yuan [45] - Changying Precision adjusted its share repurchase price limit to 50 yuan per share [46] Major Contracts - Trina Solar signed a sales contract for over 1 GWh of energy storage products with a European customer [47]

Major Events - Vanke A's largest shareholder, Shenzhen Metro Group, plans to provide a loan of up to 2.2 billion yuan to the company for repaying bond principal and interest, with a term of no more than 3 years and an interest rate reduced by 66 basis points from the 1-year LPR [4] - *ST Chuangxing's chairman, Liu Peng, has been arrested for suspected criminal activities, but the company's operations remain normal under the management of the executive team [5] - Shannon Chip's chairman, Huang Zewei, has been elected following the resignation of the previous chairman, Fan Yongwu [6][7] - China Coal Energy has invested 1 billion yuan in a state-owned strategic emerging industry fund, which has a total size of 51 billion yuan, aimed at expanding its industrial cooperation ecosystem [8] - Da'an Gene's board has authorized management to sell part of its stock assets, with a limit of 1% through centralized bidding and 2% through block trading [9] - Kaineng Health plans to acquire several subsidiaries of Yuaneng Group to strengthen its investment in the cell industry, aiming to create a second growth curve [10] - David Medical's subsidiary has received a medical device registration certificate for a disposable lung nodule positioning puncture needle [11] Performance Overview - Saisir reported a Q3 net profit of 2.371 billion yuan, a year-on-year decrease of 1.74%, with a revenue of 48.133 billion yuan, up 15.75% [12][13] - Upwind New Materials achieved a Q3 net profit of 30.6473 million yuan, a year-on-year increase of 49.66% [14] - Youzu Network's Q3 net profit surged by 4466.74% to 26.1999 million yuan [15] - Zhongji Xuchuang's Q3 net profit increased by 124.98% to 3.137 billion yuan [16] - SAIC Motor's Q3 net profit reached 2.083 billion yuan, up 644.88% [17] - China Life's Q3 net profit was 126.873 billion yuan, a year-on-year increase of 91.5% [18] - Pingtan Development's Q3 net profit grew by 1970.63% to 16.1449 million yuan [19] - Huatai Securities reported a Q3 net profit of 5.183 billion yuan, down 28.11% [20] - Yanzhou Coal's Q3 net profit decreased by 36.60% to 2.288 billion yuan [21] - Dongwu Securities' Q3 net profit increased by 50.56% to 1.003 billion yuan [22] - Dongxing Securities' Q3 net profit surged by 112.67% to 780 million yuan [23] -招商证券's Q3 net profit increased by 53.45% to 3.686 billion yuan [24] - Agricultural Bank's Q3 net profit was 81.349 billion yuan, up 3.66% [25] - Industrial and Commercial Bank's Q3 net profit reached 101.805 billion yuan, a year-on-year increase of 3.29% [26] - Shenghe Resources reported a Q3 net profit growth of 748.07% [28] -引力传媒's Q3 net profit increased by 167.91% to 442.85 million yuan [29] - China Duty Free's Q3 net profit decreased by 28.94% to 452 million yuan [30] - Luzhou Laojiao's Q3 net profit decreased by 13.07% to 3.099 billion yuan [31] - Everbright Securities' Q3 net profit increased by 65.88% to 999.5 million yuan [32] - Gujing Gongjiu's Q3 net profit decreased by 74.56% to 299 million yuan [33] - Longi Green Energy reported a Q3 net loss of 834 million yuan [34] - New Hope's Q3 net profit decreased by 99.63% to 512.55 million yuan [35] - Wealth Trend's Q3 net profit increased by 76.93% to 77.1855 million yuan [36] - Hunan Silver's Q3 net profit increased by 47.51% to 96.3611 million yuan [37] - Spring Airlines' Q3 net profit decreased by 6.17% to 1.167 billion yuan [38] - Litong Electronics' Q3 net profit surged by 1432.90% to 165 million yuan [39] - Baosteel's Q3 net profit increased by 130.31% to 3.081 billion yuan [40] - Juxing Technology's Q3 net profit increased by 18.96% to 882 million yuan [42] - Wanda Film's Q3 net profit increased by 319.92% [43] - COSCO Shipping's Q3 net profit decreased by 29% [44] - China Petroleum's Q3 net profit was 42.29 billion yuan, down 3.9% [45] - JA Solar reported a Q3 net loss of 3.553 billion yuan [46] - BOE Technology's Q3 net profit increased by 32.07% to 1.355 billion yuan [47] - BYD's Q3 net profit decreased by 32.60% to 7.823 billion yuan [48] - Guotai Junan's Q3 net profit increased by 40.60% to 6.337 billion yuan [50] - Jianghuai Automobile reported a Q3 net loss of 661 million yuan [51] - Zhezhong Co.'s Q3 net profit increased by 5282.88% to 206 million yuan [52] - Yonghui Supermarket reported a Q3 net loss of 469 million yuan [53] Shareholding Changes - Ruisheng Intelligent's shareholder plans to reduce its stake by up to 3% [54] Share Buybacks - SF Holding has adjusted its share buyback plan to a total amount of not less than 1.5 billion yuan and not more than 3 billion yuan [55][56] - Changying Precision has raised its share buyback price limit to 50 yuan per share [57] Major Contracts - Trina Solar signed a sales contract for over 1 GWh of energy storage products with a European customer [58]

Core Viewpoint - The company reported a significant decline in revenue for Q3 2025, while net profit showed a remarkable increase, indicating a potential shift in operational efficiency or cost management strategies [1] Financial Performance - In Q3 2025, the company achieved a revenue of 232 million yuan, a year-on-year decrease of 21.33% [1] - The net profit attributable to shareholders for Q3 2025 was 206 million yuan, reflecting a substantial year-on-year increase of 5,282.88% [1] - Basic earnings per share for Q3 2025 stood at 0.49 yuan [1] - For the first three quarters of 2025, the company reported a total revenue of 598 million yuan, down 17.27% year-on-year [1] - The net profit attributable to shareholders for the first three quarters was 352 million yuan, showing a year-on-year increase of 338.55% [1] - Basic earnings per share for the first three quarters were 0.83 yuan [1]

Core Insights - The company reported a revenue of 232 million yuan for Q3 2025, representing a year-on-year decline of 21.33% [2] - The net profit for Q3 2025 was 206 million yuan, showing a significant year-on-year increase of 5282.88% [2] - For the first three quarters of 2025, the total revenue was 598 million yuan, down 17.27% compared to the previous year [2] - The net profit for the first three quarters reached 352 million yuan, marking a year-on-year increase of 338.55% [2]

Revenue and Profit - Revenue for Q3 2025 was CNY 231,536,658.04, a decrease of 21.33% year-on-year, and a decrease of 17.27% compared to the beginning of the year[5] - Net profit attributable to shareholders increased by 5,282.88% to CNY 205,558,180.05, and increased by 338.55% year-to-date[5] - Basic earnings per share rose to CNY 0.49, reflecting a 5,301.15% increase year-on-year, and a 344.12% increase year-to-date[5] - The company reported a 307.06% increase in total profit compared to the same period last year, driven by gains from the fair value changes of financial assets[9] - Net profit for the current period is ¥352,191,916.25, compared to a net loss of ¥147,641,408.17 in the previous period, indicating a significant turnaround[17] - Basic and diluted earnings per share are both ¥0.83, recovering from a loss of ¥0.34 in the previous period[18] Cash Flow - Operating cash flow showed a net decrease of 108.32% year-on-year, primarily due to reduced cash received from sales and other operating activities[8] - Cash flow from operating activities shows a net outflow of ¥11,949,302.07, a decline from a net inflow of ¥143,675,099.07 in the previous period[19] - Cash flow from investing activities generated a net inflow of ¥407,810,570.37, up from ¥27,917,604.94 in the previous period[19] - Cash flow from financing activities resulted in a net outflow of ¥333,370,084.73, worsening from a net outflow of ¥139,465,401.79 in the previous period[19] - The ending cash and cash equivalents balance is ¥134,137,939.44, down from ¥202,016,977.52 in the previous period[19] - The company’s cash and cash equivalents increased by 86.19% compared to the beginning of the period, mainly due to cash recovered from investments[9] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,020,047,564.90, an increase of 1.37% compared to the end of the previous year[5] - Total current assets amount to ¥881,535,173.55, an increase from ¥855,803,423.80 at the beginning of the period[13] - Total non-current assets are ¥3,138,512,391.35, slightly up from ¥3,109,875,507.43[14] - Total assets reached ¥4,020,047,564.90, compared to ¥3,965,678,931.23 at the start of the period[15] - Total liabilities increased to ¥1,135,383,209.79 from ¥1,074,114,788.54[15] - The company's equity attributable to shareholders is ¥2,884,664,355.11, down from ¥2,891,564,142.69[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 20,000[12] - The largest shareholder, Shanghai Kangfeng Investment Management Co., Ltd., holds 42.59% of shares, totaling 188,047,510 shares[12] - The company has a total of 22,000,000 shares held in a repurchase account, representing 4.98% of total share capital[12] Investment and Financial Activities - Investment activities generated a cash flow net increase of 1,360.76% year-on-year, mainly due to cash recovered from investments[8] - Non-operating income increased by 2,364.40% year-on-year, primarily due to compensation income received during the period[9] - Financial expenses increased by 195.66% year-on-year, attributed to profits allocated to other partners being included in current financial expenses[9] - The company reported an investment income of ¥132,588,925.76, significantly higher than ¥54,000,381.18 in the previous period[16] - The fair value change income was ¥304,075,619.74, a recovery from a loss of ¥402,995,281.76 in the previous period[17] Operating Performance - Total operating revenue for the current period is ¥597,689,446.04, a decrease of 17.3% compared to ¥722,498,481.55 in the previous period[16] - Total operating costs decreased to ¥577,965,987.64 from ¥591,428,379.49, reflecting a reduction of 2.4%[16] - Cash and cash equivalents at the end of the period are ¥134,189,583.30, up from ¥72,069,752.11[13] - The company reported a decrease in short-term borrowings to ¥20,000,000.00 from ¥30,019,666.67[14]

证券简称：柘中股份 证券代码：002346 公告编号：2025-42 上海柘中集团股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 上海柘中集团股份有限公司（以下简称"公司"）于 2024 年 11 月 28 日召开 公司 2024 年第一次临时股东大会，审议通过了《关于回购公司股份方案暨取得金 融机构股票回购专项贷款的议案》，拟使用自有及股票回购专项贷款资金以集中竞 价交易方式回购公司发行的 A 股股份（以下简称"本次回购"），回购股份拟用于 员工持股计划或股权激励计划。本次回购股份数量下限 3,000 万股，回购股份数量 上限 3,300 万股；回购股份总金额不低于人民币 30,000 万元，不超过人民币 33,000 万元，回购价格不超过人民币 11.5 元/股，具体回购数量以回购期限届满时实际回 购的股份数量为准。回购股份实施期限为自公司股东大会审议通过本次回购股份方 案之日起 12 个月内。具体内容详见公司披露的《关于回购公司股份方案暨取得金 融机构股票回购专项贷款的公告》（公告编号：2024-36）。 2025 年 5 月 20 日，公司召开了 2024 年年度股东大会审议通过了《关于 ...