Core Viewpoint - The stock price of Jinzhu Pipeline has shown significant growth this year, with a year-to-date increase of 56.26%, indicating strong market performance and investor interest [2]. Company Overview - Jinzhu Pipeline Technology Co., Ltd. was established on July 31, 2002, and listed on July 6, 2010. The company is located in Huzhou, Zhejiang Province, and specializes in the research, manufacturing, and sales of welded steel pipe products [2]. - The company's revenue composition includes 64.76% from civil steel pipes, 31.30% from industrial steel pipes, and 3.94% from scrap and other sources [2]. - Jinzhu Pipeline operates within the steel industry, specifically categorized under special steel [2]. Stock Performance - As of October 27, the stock price reached 8.88 CNY per share, with a trading volume of 46.29 million CNY and a market capitalization of 4.62 billion CNY [1]. - The stock has experienced a 12.83% increase over the last five trading days, a 24.20% increase over the last 20 days, and a 29.82% increase over the last 60 days [2]. Financial Performance - For the period from January to September 2025, Jinzhu Pipeline reported a revenue of 3.179 billion CNY, reflecting a year-on-year decrease of 6.73%. The net profit attributable to shareholders was 93.75 million CNY, down 23.75% year-on-year [2]. - The company has distributed a total of 1.106 billion CNY in dividends since its A-share listing, with 160 million CNY distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 17.01% to 28,100, while the average number of circulating shares per person increased by 20.49% to 18,467 shares [2]. - Among the top ten circulating shareholders, the Guotai Zhongzheng Steel ETF is the fifth largest shareholder, having acquired 4.1532 million shares, while the Guangfa Multi-Factor Mixed Fund has exited the top ten list [3].

Core Insights - The company reported a significant increase in third-quarter revenue and net profit, indicating a potential turning point in its operations [1][2] - The establishment of a new subsidiary focused on robotics aims to diversify the company's growth avenues and enhance product offerings [2] Financial Performance - In Q3 2025, the company achieved a revenue of 1.159 billion yuan, representing a year-on-year growth of 8.91% [1] - The net profit attributable to shareholders for Q3 was 35.9177 million yuan, showing a substantial year-on-year increase of 58.72% [1] - For the first three quarters of 2025, total revenue was 3.179 billion yuan, reflecting a year-on-year decline of 6.73%, while net profit decreased by 23.75% to 93.7451 million yuan, although the decline rate has significantly narrowed compared to the first half of the year [1] Business Development - The company established a new subsidiary, Mêdog Branch, on September 22, which is expected to enhance its operational capabilities and overall performance [1] - The company completed the trial production of hydrogen transmission pipeline products in March 2025 and has successfully passed compatibility tests [1] - In October, the company finished a 20-kilometer hydrogen long-distance pipeline project, indicating progress in its hydrogen pipeline initiatives [1] Strategic Initiatives - The company is actively pursuing projects related to oil and gas, including the expansion of natural gas pipelines and LNG transportation networks [1] - The company is optimizing its manufacturing processes and quality control systems to improve its performance in complex projects [1] - The establishment of Jinzhou Tianchuang Robot Technology (Nanjing) Co., Ltd. aims to leverage advanced robotics technology to enhance product value and support downstream clients [2]

Core Viewpoint - Jinzhou Pipeline (002443.SZ) reported a decline in both revenue and net profit for the first three quarters of the year, indicating potential challenges in its financial performance [1] Financial Performance - The company's operating revenue for the first three quarters was 3.179 billion yuan, a year-on-year decrease of 6.73% [1] - The net profit attributable to shareholders was 93.745 million yuan, down 23.75% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 85.21 million yuan, reflecting an 8.57% year-on-year decline [1]

Group 1 - The core viewpoint of the news is that Jinzhou Pipeline reported a decline in both revenue and net profit for the third quarter of 2023 compared to the same period last year [1] - Jinzhou Pipeline's revenue for the first three quarters of 2023 was approximately 3.179 billion yuan, representing a year-on-year decrease of 6.73% [1] - The net profit attributable to shareholders for the same period was about 93.75 million yuan, showing a year-on-year decline of 23.75% [1] - The basic earnings per share for Jinzhou Pipeline was 0.1808 yuan, which is a decrease of 23.45% year-on-year [1] Group 2 - As of the report date, Jinzhou Pipeline's market capitalization was 4.5 billion yuan [2]

Group 1 - The company Jinzhou Pipeline announced the convening of its 17th meeting of the 7th board of directors on October 23, 2025, to review the proposal for the Q3 2025 report [1] - For the year 2024, the company's revenue composition is entirely from pipeline manufacturing, accounting for 100.0% [1] Group 2 - As of the latest update, Jinzhou Pipeline has a market capitalization of 4.5 billion yuan [2]

证券代码：002443 证券简称：金洲管道 公告编号：2025-040 浙江金洲管道科技股份有限公司 第七届监事会第十三次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 二、监事会会议审议情况 经与会监事认真审议，充分讨论，以记名投票方式逐项表决，会议通过了以 下决议： 审议通过《关于<2025年第三季度报告>的议案》 经认真审核，公司监事会成员一致认为：董事会编制和审核公司2025年第三 季度报告的程序符合法律、行政法规和中国证监会的规定，报告内容真实、准确、 完整地反映了上市公司的实际情况，不存在虚假记载、误导性陈述或者重大遗漏。 具 体 内 容 详 见 与 本 决 议 公 告 同 日 在 《 证 券 时 报 》 和 巨 潮 资 讯 网 （http://www.cninfo.com.cn）披露的《2025年第三季度报告》。 三、备查文件 经与会监事签字并加盖监事会印章的公司第七届监事会第十三次会议决议 特此公告。 浙江金洲管道科技股份有限公司监事会 2025 年 10 月 24 日 浙江金洲管道科技股份有限公司（以下简 ...

证券代码：002443 证券简称：金洲管道 公告编号：2025-039 浙江金洲管道科技股份有限公司 第七届董事会第十七次会议决议公告 董事会认为，公司《2025年第三季度报告》的编制符合法律法规及深圳证券 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。具体内容详见与本决议公告同日在 《证券时报》和巨潮资讯网（http://www.cninfo.com.cn）披露的《2025年第三 季度报告》。 2025年第三季度报告中的财务信息已经董事会审计委员会审议通过。 1 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 浙江金洲管道科技股份有限公司（以下简称"公司"）第七届董事会第十七 次会议于2025年10月23日上午10:00在公司行政楼三楼会议室以现场结合通讯方 式召开。会议通知于2025年10月20日以电话、电子邮件、微信等方式发出。会议 应到董事9人，实到9人。 本次会议由董事长李兴春先生主持，公司监事、高级管理人员列席了本次会 议。会议的通知、召集、召开和表决程序符 ...

浙江金洲管道科技股份有限公司 2025 年第三季度报告 证券代码：002443 证券简称：金洲管道 公告编号：2025-038 浙江金洲管道科技股份有限公司 2025 年第三季度报告 本公司及除董事周学民外的董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 董事周学民因公司 2025 年第三季度报告未经会计师事务所审计，不能保证公告内容真实、准确、完 整。 重要内容提示： 1.董事会、监事会及除周学民外的董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 董事周学民因公司 2025 年第三季度报告未经会计师事务所审计，无法保证季度报告内容的真实、准确、 完整。请投资者特别关注。 □是 否 1 浙江金洲管道科技股份有限公司 2025 年第三季度报告 一、主要财务数据 （一）主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是否 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息 的真实、准确、完整。 3.第三季度财务会计报告是否经过审计 ...

Group 1 - The company's Q3 revenue reached 1.159 billion yuan, representing a year-on-year increase of 8.91% [1] - The net profit for Q3 was 35.9177 million yuan, showing a significant year-on-year growth of 58.72% [1] - For the first three quarters, the company's revenue totaled 3.179 billion yuan, reflecting a year-on-year decline of 6.73% [1] Group 2 - The net profit for the first three quarters was 93.7451 million yuan, which is a year-on-year decrease of 23.75% [1]

Market Overview - The special steel sector experienced a decline of 0.46% on October 24, with Xining Special Steel leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Stock Performance - Notable gainers in the special steel sector included: - Xianglou New Materials (301160) with a closing price of 63.21, up 6.70% and a trading volume of 60,100 shares, totaling 376 million yuan [1] - Jinzhu Pipeline (002443) closed at 8.70, up 4.82% with a trading volume of 313,900 shares, totaling 270 million yuan [1] - Decliners included: - Xining Special Steel (600117) closed at 3.15, down 3.37% with a trading volume of 540,600 shares, totaling 171 million yuan [2] - Taiyuan Iron & Steel (000825) closed at 4.05, down 1.70% with a trading volume of 448,500 shares, totaling 182 million yuan [2] Capital Flow - The special steel sector saw a net inflow of 14.53 million yuan from institutional investors, while retail investors experienced a net outflow of 90.53 million yuan [2] - Key stocks with significant capital flow included: - Jinzhu Pipeline (002443) had a net inflow of 49.17 million yuan from institutional investors, but a net outflow of 44.99 million yuan from retail investors [3] - Taiyuan Iron & Steel (000825) recorded a net inflow of 14.33 million yuan from institutional investors, with a net outflow of 22.01 million yuan from retail investors [3]