Core Insights - Leizhi Group (002398.SZ) released its Q3 2025 report on October 28, 2025, indicating a total of 5 institutional investors holding shares, amounting to 55.3138 million shares, which represents 7.92% of the total share capital [1] - The institutional holding percentage decreased by 0.52 percentage points compared to the previous quarter [1] Institutional Investors - The institutional investors include Xuan Yuan Private Fund Investment Management (Guangdong) Co., Ltd., Guotai Junan Securities Asset Management, and Shanghai Tongyi Investment Management, among others [1] - The total institutional holding percentage is now at 7.92% [1] Public Funds - In this period, 50 public funds were not disclosed compared to the previous quarter, including notable funds such as Guotai CSI All Share Construction Materials ETF and others [1]

Group 1 - The core point of the article is that Lezhi Group reported a decline in revenue for Q3 2025 while achieving significant growth in net profit [1] Group 2 - In Q3 2025, the company achieved operating revenue of 608,808,396.20 yuan, representing a year-on-year decrease of 9.15% [1] - The net profit attributable to shareholders of the listed company was 31,731,352.69 yuan, showing a year-on-year increase of 34.79% [1]

Core Viewpoint - The company reported a decline in revenue for the first three quarters of 2025, while net profit showed a slight increase compared to the previous year [1] Financial Performance - The company achieved an operating revenue of 1.803 billion yuan, representing a year-on-year decrease of 2.46% [1] - The net profit attributable to shareholders of the listed company was 97.5441 million yuan, reflecting a year-on-year increase of 1.69% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 80.2067 million yuan, with a year-on-year growth of 0.29% [1]

Core Viewpoint - Leizhi Group reported a slight decline in revenue for the first three quarters of 2025, while net profit showed a modest increase, indicating mixed financial performance [1]. Financial Performance - Revenue for the first three quarters of 2025 was approximately 1.803 billion yuan, a year-on-year decrease of 2.46% [1]. - Net profit attributable to shareholders was about 97.54 million yuan, reflecting a year-on-year increase of 1.69% [1]. - Basic earnings per share remained unchanged at 0.14 yuan compared to the previous year [1]. - As of the report date, Leizhi Group's market capitalization stood at 3.7 billion yuan [1].

垒知控股集团股份有限公司第七届董事会第四次会议决议公告 | 证券代码：002398 | 证券简称：垒知集团 | 公告编号：2025-086 | | --- | --- | --- | | 债券代码：127062 | 债券简称：垒知转债 | | 垒知控股集团股份有限公司 第七届董事会第四次会议决议公告 《垒知控股集团股份有限公司2025年第三季度报告》刊载于2025年10月28 日巨潮资讯网（http://www.cninfo.com.cn）和《证券时报》上。 三、备查文件 一、会议通知、召集及召开情况 垒知控股集团股份有限公司（以下简称"公司"）第七届董事会第四次会议 （以下简称"本次会议"）于 2025 年 10 月 27 日上午 9 点在厦门市湖滨南路 62 号建设科技大厦 11 楼公司会议室召开，本次会议由公司董事长蔡永太先生召集 并主持，会议通知已于 2025 年 10 月 24 日以 OA 邮件、电子邮件、传真等方式 送达给全体董事和高级管理人员。本次会议应到董事 9 名，实到董事 9 名。本次 会议的召集和召开符合《中华人民共和国公司法》及《公司章程》的有关规定。 二、会议决议 本次会议采用记名投 ...

Revenue and Profit - Revenue for Q3 2025 was CNY 608,808,396.20, a decrease of 9.15% year-over-year, while year-to-date revenue reached CNY 1,803,479,944.13, down 2.46% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2025 was CNY 31,731,352.69, an increase of 34.79% year-over-year, with year-to-date net profit at CNY 97,544,065.78, up 1.69%[5] - Total operating revenue for Q3 2025 was CNY 1,803,479,944.13, a decrease of 2.45% from CNY 1,848,946,001.24 in the same period last year[22] - Net profit for Q3 2025 reached CNY 97,724,078.71, representing an increase of 2.66% compared to CNY 95,156,712.19 in Q3 2024[23] Earnings Per Share - Basic and diluted earnings per share for Q3 2025 were both CNY 0.05, reflecting a 66.67% increase compared to the same quarter last year[5] - Basic earnings per share remained stable at CNY 0.14 for both Q3 2025 and Q3 2024[23] - The diluted earnings per share for the third quarter is 0.14 RMB, consistent with the previous period[24] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 5,819,288,511.55, a decrease of 2.64% from the end of the previous year[5] - The company's total assets as of the end of Q3 2025 were CNY 5,819,288,511.55, a decrease from CNY 5,976,815,647.94 at the end of Q3 2024[21] - Total liabilities decreased to CNY 2,116,521,174.84 from CNY 2,319,905,586.19 year-over-year, indicating a reduction of approximately 8.77%[21] - The equity attributable to shareholders of the parent company increased to CNY 3,673,889,113.84, up from CNY 3,619,544,478.87 in the previous year[21] Cash Flow - Cash flow from operating activities for the year-to-date period increased by 135.23% to CNY 226,828,296.12[5] - Cash flow from operating activities generated a net cash inflow of 226,828,296.12 RMB, an increase from 96,426,985.97 RMB in the prior period[24] - The net cash flow from financing activities was 30,533,681.99 RMB, a significant improvement from a net outflow of 141,687,008.85 RMB in the previous year[26] Investments and Assets Management - The company reported a significant increase in trading financial assets, which rose by 31.46% to CNY 212,213,503.42 compared to the beginning of the year[9] - The company’s investment properties increased by 454.15% to CNY 12,460,792.35, attributed to an increase in rental properties[9] - Long-term borrowings increased by 80.32% to CNY 101,317,361.67, primarily due to loans for the Shanghai Science and Technology Park project[10] - The net cash flow from financing activities increased by CNY 172,220,690.84, driven by increased borrowings for the Shanghai project[13] Shareholder Information - Total number of common shareholders at the end of the reporting period is 38,936[15] - The largest shareholder, Cai Yongtai, holds 16.67% of shares, totaling 116,387,033 shares, with 36,670,000 shares pledged[15] - The company has a repurchase account holding 9,759,700 shares, representing 1.40% of the total share capital[16] - The top 10 shareholders collectively hold a significant portion of the company's shares, with the largest shareholder holding over 16%[15] - The company has engaged in strategic agreements to maintain the control of Cai Yongtai as the actual controller[16] Operating Costs and Expenses - Total operating costs for Q3 2025 were CNY 1,741,336,892.38, down 2.79% from CNY 1,791,202,267.62 year-over-year[22] - Research and development expenses for Q3 2025 were CNY 90,308,651.65, a decrease of 9.43% from CNY 99,740,290.17 in Q3 2024[22] Cash and Cash Equivalents - The company's cash and cash equivalents decreased from 232,897,895.98 yuan to 164,570,264.92 yuan, a decline of approximately 29.3%[18] - The ending balance of cash and cash equivalents was 154,957,264.68 RMB, compared to 139,990,906.59 RMB at the end of the previous period[26] Inventory and Fixed Assets - The total inventory increased from 114,390,528.06 yuan to 136,927,008.59 yuan, an increase of about 19.7%[18] - The total fixed assets rose from 644,084,571.72 yuan to 1,013,048,465.45 yuan, an increase of approximately 57.4%[18] Other Financial Information - The company experienced a 71.10% decrease in non-operating income, primarily due to reduced penalty income[12] - The company reported an investment income of CNY 31,797,000.82, an increase from CNY 25,136,536.15 in the same quarter last year[22] - Deferred income tax assets decreased slightly to CNY 124,816,314.22 from CNY 128,913,333.64 year-over-year[21] - The company reported a decrease in cash received from sales of goods and services, totaling 1,968,695,616.75 RMB, down from 2,037,074,948.79 RMB[24] - The company did not conduct an audit for the third quarter financial report[27]

关于不向下修正"垒知转债"转股价格的公告 垒知控股集团股份有限公司（以下简称"公司"）于 2025 年 10 月 24 日召开 了第七届董事会第三次会议，审议通过了《关于不向下修正"垒知转债"转股价 格的议案》，具体情况如下： 特别提示： 一、可转换公司债券发行上市情况 1、截至 2025 年 10 月 24 日，公司股票在连续 30 个交易日中已有连续 15 个交易日（2025 年 9 月 26 日至 2025 年 10 月 24 日）的收盘价低于当期转股价 格的 85%，已触发转股价格向下修正条件。 2、经公司第七届董事会第三次会议审议通过，公司董事会决定本次不向下 修正"垒知转债"转股价格。从 2025 年 10 月 27 日起重新计算，若公司股价再 次触发"垒知转债"转股价格向下修正条款的，届时公司董事会将再次召开会议 决定是否行使"垒知转债"转股价格向下修正的权利。 | 证券代码：002398 | 证券简称：垒知集团 | 公告编号：2025-085 | | --- | --- | --- | | 债券代码：127062 | 债券简称：垒知转债 | | 垒知控股集团股份有限公司 关于不向下修正"垒知转 ...

Group 1 - The company, Leizhi Group, announced that its seventh board meeting will be held on October 24, 2025, to discuss the proposal regarding not adjusting the conversion price of "Leizhi Convertible Bonds" [1] - For the first half of 2025, Leizhi Group's revenue composition is as follows: new building materials accounted for 80.94%, comprehensive construction technology services 12.45%, software and hardware sales and services 5.6%, special construction industry 0.66%, and others 0.35% [1] - As of the report date, Leizhi Group has a market capitalization of 3.7 billion yuan [1]

垒知控股集团股份有限公司第七届董事会第三次会议决议公告 二、会议决议 本次会议采用记名投票表决方式表决议案，形成了以下决议： （一）审议通过了《关于不向下修正"垒知转债"转股价格的议案》；表决 结果为：9 票赞成、0 票反对、0 票弃权。 公司董事会综合考虑公司的基本情况、股价走势、市场环境等多重因素， 以及对公司长期稳健发展的信心，兼顾维护全体投资者的利益，公司董事会决定 本次不向下修正"垒知转债"转股价格。从 2025 年 10 月 27 日起重新计算，若 公司股价再次触发"垒知转债"转股价格向下修正条款的，届时公司董事会将再 次召开会议决定是否行使"垒知转债"转股价格向下修正的权利。 | 证券代码：002398 | 证券简称：垒知集团 | 公告编号：2025-084 | | --- | --- | --- | | 债券代码：127062 | 债券简称：垒知转债 | | 垒知控股集团股份有限公司 第七届董事会第三次会议决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 一、会议通知、召集及召开情况 垒知控股集团股份有限公司（以下简称"公司"）第七届董事会 ...

关于预计触发转股价格向下修正条件的提示性公告 | 证券代码：002398 | 证券简称：垒知集团 | 公告编号：2025-083 | | --- | --- | --- | | 债券代码：127062 | 债券简称：垒知转债 | | 垒知控股集团股份有限公司 关于预计触发转股价格向下修正条件的提示性公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 4、转股期限：2022 年 10 月 27 日至 2028 年 4 月 20 日 5、自 2025 年 9 月 26 日至 2025 年 10 月 17 日，公司股票在连续 30 个交易 日中已有连续 10 个交易日的收盘价低于当期转股价格的 85%，预计触发转股价 格向下修正条件。若触发转股价格修正条件，公司将按照深交所相关规定及募集 说明书的约定及时履行后续审议程序和信息披露义务。 一、可转换公司债券发行上市情况 （一）可转债发行情况 经中国证券监督管理委员会证监许可［2022］409 号《关于核准垒知控股集 团股份有限公司公开发行可转换公司债券的批复》核准，公司获准发行 3,963,000.00 张可转换公司债 ...