证券日报网讯联发股份（002394）11月11日在互动平台回答投资者提问时表示，截至2025年11月10日， 公司股东数为23117户。 ...

Core Viewpoint - The stock of Lianfa Co., Ltd. has shown significant growth this year, with a year-to-date increase of 59.57%, indicating strong market performance and investor interest [2]. Group 1: Stock Performance - As of November 5, Lianfa's stock price rose by 2.07% to 11.84 CNY per share, with a total market capitalization of 3.833 billion CNY [1]. - The stock has experienced a 1.81% increase over the last five trading days, a 6.28% increase over the last 20 days, and a 19.96% increase over the last 60 days [2]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent appearance on July 22, where it recorded a net buy of -1.5536 million CNY [2]. Group 2: Financial Performance - For the period from January to September 2025, Lianfa reported operating revenue of 2.974 billion CNY, a year-on-year decrease of 17.24%, while net profit attributable to shareholders increased by 101.90% to 264 million CNY [3]. - The company has distributed a total of 1.888 billion CNY in dividends since its A-share listing, with 291 million CNY distributed over the past three years [4]. Group 3: Company Overview - Lianfa Co., Ltd. is located in Hai'an City, Jiangsu Province, and was established on November 11, 2002, with its shares listed on April 23, 2010 [2]. - The company's main business includes the production and sale of colored woven fabrics, clothing, and textiles, with revenue composition as follows: 61.38% from fabrics, 14.53% from cotton yarn, 13.10% from other products, 7.39% from clothing, and 2.71% from utilities [2]. - Lianfa is classified under the textile and apparel industry, specifically in textile manufacturing and cotton spinning, and is associated with concepts such as the Belt and Road Initiative, solar energy, low price-to-earnings ratio, and photovoltaic glass [2]. Group 4: Shareholder Information - As of October 31, the number of shareholders for Lianfa was 23,700, a decrease of 6.05% from the previous period, while the average number of circulating shares per person increased by 6.44% to 13,630 shares [3].

Core Viewpoint - Lianfa Co., Ltd. has reported a decrease in the number of shareholders and a mixed performance in its financial results for the third quarter, indicating potential shifts in investor sentiment and operational challenges [2] Shareholder Information - As of October 31, the number of shareholders for Lianfa Co., Ltd. was 23,717, a decrease of 1,528 from the previous period (October 20), representing a month-over-month decline of 6.05% [2] Stock Performance - The closing price of Lianfa Co., Ltd. was 11.76 yuan, reflecting an increase of 0.94%. Since the concentration of shares began, the stock price has cumulatively risen by 2.53%, with 7 days of increases and 3 days of decreases during the reporting period [2] Financial Results - For the first three quarters, Lianfa Co., Ltd. achieved a total operating revenue of 2.974 billion yuan, a year-on-year decrease of 17.24%. However, the net profit reached 264 million yuan, showing a significant year-on-year increase of 101.90%. The basic earnings per share were 0.8142 yuan, and the weighted average return on equity was 6.24% [2]

Core Viewpoint - On October 29, Lianfa Co., Ltd. executed a block trade of 2.3223 million shares, amounting to 25.6382 million yuan, which represented 16.53% of the total trading volume for the day, with a transaction price of 11.04 yuan, reflecting a discount of 5.07% compared to the market closing price of 11.63 yuan [1] Summary by Category - **Trading Activity** - The block trade involved 2.3223 million shares [1] - The total transaction value was 25.6382 million yuan [1] - This trade accounted for 16.53% of the total trading volume on that day [1] - **Price Analysis** - The transaction price was 11.04 yuan [1] - This price was at a 5.07% discount to the market closing price of 11.63 yuan [1]

Group 1 - The core point of the news is that 联发股份 (002394.SZ) reported its Q3 2025 results, highlighting significant institutional investor holdings and changes in public fund investments [1] - As of October 27, 2025, a total of 9 institutional investors hold 149 million shares of 联发股份, accounting for 45.93% of the total share capital, with an increase of 0.84 percentage points compared to the previous quarter [1] - The public fund sector saw a decrease in holdings from one fund, 南华丰睿量化选股混合A, while one new fund, 南华丰元量化选股混合A, was disclosed this quarter [1] Group 2 - Foreign institutional investors that were not disclosed in this quarter include BARCLAYS BANK PLC and 中信证券资产管理 (香港) 有限公司 [2]

Group 1 - The core point of the article is that Lianfa Co., Ltd. (002394.SZ) reported a decline in revenue for the first three quarters of the year, while net profit showed significant growth [1] Group 2 - The company's operating revenue for the first three quarters was 2.97 billion yuan, a year-on-year decrease of 17.24% [1] - The net profit attributable to shareholders of the listed company was 260 million yuan, reflecting a year-on-year increase of 101.9% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 173 million yuan, which represents a year-on-year growth of 35.52% [1]

Core Insights - The company reported a revenue of 2.974 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 17.24% [1] - The net profit attributable to shareholders of the listed company was 264 million yuan, showing a significant year-on-year increase of 101.90% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 173 million yuan, reflecting a year-on-year growth of 35.52% [1]

Market Overview - The textile manufacturing sector increased by 0.84% compared to the previous trading day, with Fu Chun Dyeing and Weaving leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Stock Performance - Notable gainers in the textile manufacturing sector included: - Li Shi Sen Xin (605189) with a closing price of 19.11, up 7.48% with a trading volume of 98,700 shares and a turnover of 184 million yuan [1] - Gu Qi Rong Cai (001390) closed at 27.30, up 2.52% with a trading volume of 79,600 shares and a turnover of 218 million yuan [1] - Yun Zhong Ma (603130) closed at 40.88, up 1.92% with a trading volume of 28,800 shares and a turnover of 118 million yuan [1] Fund Flow Analysis - The textile manufacturing sector experienced a net outflow of 69.19 million yuan from institutional funds, while retail investors saw a net inflow of 85.24 million yuan [2] - The top stocks by net inflow from retail investors included: - Li Shi Sen Xin (605189) with a net inflow of 14.86 million yuan [3] - Bai Long Dong Fang (662109) with a net inflow of 10.31 million yuan [3] - Xin Long Holdings (000955) with a net inflow of 6.24 million yuan [3]

Financial Performance - The company's revenue for Q3 2025 was ¥947,227,964.77, representing a decrease of 15.71% compared to the same period last year[6]. - Net profit attributable to shareholders for the same period was ¥79,359,977.99, down 2.39% year-on-year, while net profit after deducting non-recurring gains and losses increased by 87.21% to ¥44,149,222.48[6]. - Year-to-date revenue reached ¥2,973,980,077.03, a decline of 17.24% compared to the previous year, while year-to-date net profit attributable to shareholders surged by 101.90% to ¥263,557,123.19[6]. - Total operating revenue for the current period is ¥2,973,980,077.03, a decrease of 17.2% from ¥3,593,350,060.52 in the previous period[20]. - Net profit for the current period is ¥265,290,275.98, an increase of 97.9% compared to ¥134,138,092.10 in the previous period[21]. - Earnings per share (basic and diluted) increased to ¥0.8142 from ¥0.4033, representing a growth of 102.2%[21]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥6,086,197,049.73, reflecting a 1.83% increase from the end of the previous year[6]. - The total current assets amount to ¥3,607,314,369.82, an increase from ¥3,500,201,478.57 at the beginning of the period[17]. - Total assets reached ¥6,086,197,049.73, up from ¥5,976,737,150.12[18]. - Total liabilities decreased to ¥1,709,735,402.38 from ¥1,814,558,019.54[18]. - Total equity attributable to shareholders of the parent company increased to ¥4,323,557,393.86 from ¥4,105,815,492.86, a rise of 5.3%[20]. - Total liabilities and equity reached ¥6,086,197,049.73, compared to ¥5,976,737,150.12 in the previous period, marking an increase of 1.8%[20]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥563,467,526.07, showing a growth of 4.92%[6]. - Cash flow from operating activities generated a net amount of ¥563,467,526.07, up from ¥537,055,238.28 in the previous period[22]. - Cash inflow from investment activities totaled ¥4,697,666,853.41, compared to ¥4,401,886,687.60 in the previous period, indicating a growth of 6.7%[22]. - Cash outflow for investment activities was ¥4,503,307,945.97, slightly increased from ¥4,453,126,971.77 in the previous period[22]. - Cash inflow from financing activities was ¥1,035,823,342.18, up from ¥870,316,132.72 in the previous period, reflecting a growth of 19.0%[22]. - The net increase in cash and cash equivalents for the period was $375.72 million, compared to $198.07 million, showing a significant increase of approximately 89.7%[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,954[13]. - Jiangsu Lianfa Group Co., Ltd. holds 40.45% of shares, totaling 130,934,100 shares, with 35,000,000 shares pledged[13]. - The company has no preferred shareholders or significant changes in shareholder relationships reported[15]. Financial Management - The company reported a significant increase in cash and cash equivalents, which rose by 72.98% to ¥870,915,514.36 due to the redemption of financial products[11]. - The company’s short-term borrowings decreased by 38.94% to ¥358,176,441.70, indicating improved liquidity management[11]. - The company’s investment income for the period was ¥18,572,034.02, a substantial increase of 159.83% compared to the previous year[12]. - The company’s financial expenses decreased by 43.92% to ¥15,837,425.97, primarily due to reduced interest expenses compared to the same period last year[12]. - Short-term borrowings decreased significantly to ¥358,176,441.70 from ¥586,563,771.71, a reduction of approximately 38.88%[18]. Other Information - The third quarter financial report was not audited, which may affect the reliability of the reported figures[25]. - The company plans to implement new accounting standards starting in 2025, which may impact financial reporting[25]. - The board of directors meeting was held on October 28, 2025, indicating ongoing governance and oversight activities[26].

Core Viewpoint - The company, Lianfa Co., stated on October 21 that as of October 20, 2025, the number of its shareholders will be 25,245 [2] Summary by Category - **Company Information** - Lianfa Co. has confirmed that it will have 25,245 shareholders by October 20, 2025 [2]