Group 1 - The core viewpoint of the article highlights Jiang Hai Co., Ltd.'s financial performance in Q3 2025, showing significant growth in revenue and net profit [1] - Jiang Hai Co., Ltd. reported a revenue of approximately 4.117 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 16.34% [1] - The net profit attributable to shareholders of the listed company was approximately 535 million yuan, reflecting a year-on-year increase of 8.19% [1] - The basic earnings per share were reported at 0.6338 yuan, which is an increase of 8.3% year-on-year [1] - As of the report date, Jiang Hai Co., Ltd. had a market capitalization of 25.4 billion yuan [1]

Group 1 - The core point of the article is that Jianghai Co., Ltd. reported significant growth in both revenue and net profit for the third quarter and the first three quarters of the year [1] Group 2 - For the third quarter, the revenue reached 1.423 billion yuan, representing a year-on-year increase of 21.12% [1] - The net profit for the third quarter was 176 million yuan, showing a year-on-year growth of 20.01% [1] - For the first three quarters, the total revenue amounted to 4.117 billion yuan, which is a year-on-year increase of 16.34% [1] - The net profit for the first three quarters was 535 million yuan, reflecting a year-on-year growth of 8.19% [1]

Revenue and Profitability - Revenue for Q3 2025 reached ¥1,423,351,202.10, an increase of 21.12% year-over-year[5] - Net profit attributable to shareholders was ¥176,351,714.55, up 20.01% compared to the same period last year[5] - The company reported a basic earnings per share of ¥0.2091, reflecting a growth of 19.76% year-over-year[5] - Total operating revenue for the current period reached ¥4,117,120,137.38, an increase of 16.3% compared to ¥3,538,905,541.67 in the previous period[22] - Net profit for the current period was ¥537,219,544.80, representing a growth of 7.1% from ¥499,457,000.62 in the previous period[23] - Total comprehensive income amounted to CNY 553,903,929.05, an increase from CNY 490,417,834.56 in the previous period, representing a growth of approximately 12.7%[24] - Basic earnings per share increased to CNY 0.6338 from CNY 0.5852, reflecting a rise of about 8.9%[24] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥8,782,225,972.50, representing a 17.62% increase from the end of the previous year[5] - The company's total assets increased to ¥8,782,225,972.50, up from ¥7,466,764,100.82 at the beginning of the period, reflecting a growth of 17.6%[20] - Current assets totaled ¥5,704,646,131.97, a rise of 26.7% from ¥4,501,801,857.89 at the start of the period[19] - The total liabilities increased to ¥2,572,196,940.98, up from ¥1,569,120,099.86 at the beginning of the period, marking a growth of 63.9%[20] - Current liabilities increased by CNY 979,459,680.87, a growth of 70.52%, with total liabilities rising by CNY 1,003,076,841.12, a growth of 63.93%[11] - The company's equity attributable to shareholders reached ¥6,137,771,559.49, an increase of 4.8% from ¥5,856,742,718.14 at the start of the period[20] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥640,632,002.84, a significant increase of 54.63%[5] - Net cash flow from operating activities increased by CNY 226,328,817.23, a growth of 54.63%, primarily due to improved accounts receivable management[14] - Cash and cash equivalents increased by CNY 364,602,825.4, a growth of 395.86%, due to various changes in cash flow[14] - Cash inflow from operating activities was CNY 2,274,660,502.14, compared to CNY 2,074,013,677.16 in the prior period, showing an increase of approximately 9.7%[25] - Cash outflow from operating activities totaled CNY 1,634,028,499.30, a slight decrease from CNY 1,659,710,491.55, reflecting a reduction of about 1.5%[26] - Net cash flow from financing activities increased by CNY 156,220,450.89, a growth of 47.77%, mainly due to borrowings from a wholly-owned subsidiary[14] - Cash inflow from financing activities was CNY 169,052,600.00, compared to CNY 118,817,339.59 in the prior period, indicating an increase of approximately 42.1%[26] - The company reported a decrease in cash outflow from financing activities to CNY 339,826,644.92 from CNY 445,811,835.40, representing a reduction of about 23.7%[26] Inventory and Expenses - Inventory increased by ¥340,975,365.66, a growth of 33.11%, due to the rise in business volume[8] - Employee compensation increased by CNY 15,380,049.36, a growth of 41.09%, mainly due to changes in employee insurance and welfare expenses[11] - Research and development expenses for the current period were ¥223,018,526.08, an increase of 10.8% from ¥201,286,775.34 in the previous period[23] - Total operating costs amounted to ¥3,550,077,604.57, up 16.4% from ¥3,048,469,817.99 in the prior period[22] - Financial expenses for the first nine months of 2025 increased by CNY 14,651,017.59, a growth of 105.2%, primarily due to reduced foreign exchange gains[11] - Investment income decreased by CNY 1,674,104.54, a decline of 39.14%, mainly due to the transfer of equity in Yudong Foil Material[11] Other Financial Metrics - Non-operating income from government subsidies amounted to ¥5,462,994.67 for the quarter[6] - Contract liabilities increased by ¥4,978,357.5, reflecting a growth of 60.2% due to an increase in advance payments[8] - Other comprehensive income after tax increased by CNY 25,723,550.31, a growth of 284.58%, mainly due to fair value changes in stock prices[11] - Total number of ordinary shareholders at the end of the reporting period was 47,355[13]

证券代码：002484 证券简称：江海股份 公告编号：2025-053 南通江海电容器股份有限公司 2025年第三次临时股东会决议公告 本公司及其董事、监事、高级管理人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。 特别提示： 1、本次股东会采取现场投票与网络投票相结合的方式召开。 2、本次股东会在会议召开期间无增加、否决或变更议案。 3、本次股东会不涉及变更前次股东会决议。 4、为保护中小投资者利益，本次股东会采用中小投资者单独计票。中小投 资者为单独或者合计持有本公司股份低于 5%（不含）股份的股东。 一、会议召开和出席情况 1、本次股东会的召开时间 现场会议召开时间：2025 年 10 月 15 日（星期三）下午 14:30 4、会议召集人：公司董事会。 5、会议主持人：副董事长刘知豪先生 6、本次股东会会议的召集、召开和表决程序符合《公司法》和《公司章程》 等规定。 7、会议出席情况： 参加公司本次股东会的股东及股东授权代理人共 541 人，代表股份数 313,701,012 股，占上市公司有表决权股份总数（不含公司回购的股份，下同） 37.25%。其中，中小 ...

江海股份 法律意见书 江苏世纪同仁律师事务所关于 南通江海电容器股份有限公司 根据《公司法》《证券法》和中国证监会《上市公司股东会规则》等法律、 法规和规范性文件以及《公司章程》的规定，本所受贵公司董事会的委托，指派 律师出席贵公司 2025 年第三次临时股东会，并就本次股东会的召集、召开程序、 出席会议人员资格、召集人资格、表决程序和表决结果的合法有效性出具本法律 意见书。 为出具本法律意见书，本所律师对本次股东会所涉及的有关事项进行了审查， 查阅了相关会议文件，并对有关问题进行了必要的核查和验证。 本所律师同意将本法律意见书随贵公司本次股东会决议一并公告，并依法对 本法律意见书承担相应的责任。 本所律师根据相关法律、法规和规范性文件的要求，按照律师行业公认的业 务标准、道德规范和勤勉尽责精神，出具法律意见如下： 一、关于本次股东会的召集、召开程序 1、本次股东会由贵公司董事会召集。 贵公司第七届董事会第六次会议决定于 2025 年 10 月 15 日召开本次股东会。 贵公司已于 2025 年 9 月 26 日在《上海证券报》《证券时报》和巨潮资讯网站 （www.cninfo.com.cn）上刊登了《南通江 ...

Core Viewpoint - Jianghai Co., Ltd. has shown significant stock performance with a year-to-date increase of 69.61%, despite recent declines in the short term [1][2]. Financial Performance - For the first half of 2025, Jianghai Co., Ltd. achieved a revenue of 2.694 billion yuan, representing a year-on-year growth of 13.96%, and a net profit attributable to shareholders of 358 million yuan, up 3.19% year-on-year [2]. - The company has distributed a total of 1.212 billion yuan in dividends since its A-share listing, with 565 million yuan distributed over the past three years [3]. Stock Market Activity - As of October 15, Jianghai Co., Ltd.'s stock price was 29.38 yuan per share, with a market capitalization of 24.988 billion yuan [1]. - The stock has been active on the trading board, appearing seven times this year, with the latest appearance on September 2, where it recorded a net buy of 252 million yuan [1]. Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 3.41% to 50,400, while the average number of circulating shares per person increased by 3.53% to 16,268 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited and new entrant China Europe Times Pioneer Stock A [3]. Business Overview - Jianghai Co., Ltd. specializes in the research, production, and sales of capacitors and related materials, with its main revenue sources being aluminum electrolytic capacitors (82.75%), film capacitors (8.65%), supercapacitors (6.00%), and electrode foils (2.00%) [1]. - The company operates within the electronic components sector, focusing on passive components and is associated with concepts such as 5G and electric logistics vehicles [2].

Core Insights - In September 2025, a total of 47 listed companies in Shanghai, Shenzhen, and Beijing announced changes to their auditing firms, indicating a significant shift in the auditing landscape [3][6]. Group 1: Changes in Auditing Firms - Notable changes include companies like Xiaoxin Environment switching from Xinyong Zhonghe to Deloitte, and Jian Tai Technology moving from Zhonghua to PwC Zhongtian [4][5]. - The audit fees for 2024 for these companies varied, with Xiaoxin Environment paying 4.96 million yuan and Jian Tai Technology paying 4.5 million yuan [4]. Group 2: Client Changes Among Audit Firms - The firm with the largest decrease in clients was Lixin, losing 7 clients, while Rongcheng gained the most clients, increasing by 6 [6][8]. - The detailed statistics show that Lixin and Rongcheng were the most affected firms in terms of client changes, reflecting a competitive shift in the auditing market [6][9].

Core Viewpoint - The company has made progress in its collaboration with leading international firms like NVIDIA in the artificial intelligence server sector, particularly regarding the certification and supply of high-performance capacitor products [1] Group 1 - The company is directly engaging with hardware manufacturers for artificial intelligence servers, indicating a strategic focus on this growing market [1] - Key products have successfully passed relevant certifications and tests, showcasing the company's readiness to meet industry standards [1] - The company acknowledges the importance of this strategic collaboration for future market competition and financial performance, which is crucial for investors assessing long-term value [1]

Core Viewpoint - Jianghai Co., Ltd. announced the completion of its share repurchase plan, having repurchased a total of 2,126,400 shares, which represents 0.2500% of the company's total share capital [2] Summary by Category - **Share Repurchase Details** - The company initiated its share repurchase program on June 20, 2025, through a dedicated securities account via centralized bidding [2] - As of September 30, 2025, the repurchase program has been fully implemented [2]

证券代码:002484 证券简称:江海股份 公告编号:2025-052 南通江海电容器股份有限公司 关于回购股份实施完成暨股份变动的公告 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、误导性陈述或重大遗漏。 南通江海电容器股份有限公司（以下简称"公司"）于 2025 年 4 月 8 日召开 第七届董事会第三次会议，审议通过了《关于回购公司股份方案的议案》。 公司 决定以自有资金通过深圳证券交易所交易系统以集中竞价交易方式回购公司已 发行的部分人民币普通股（A 股）股票，并在未来将前述回购股份用于股权激励 计划或员工持股计划。回购股份价格不超过人民币 20 元/股，回购资金总额不低 于人民币 5,000 万元（含），不超过人民币 10,000 万元（含）。具体内容详见 2025 年 4 月 9 日公司在指定信息披露媒体及巨潮资讯网（www.cninfo.com.cn）上披 露的《南通江海电容器股份有限公司关于回购公司股份方案的公告》（公告编号： 2025-025）。 因公司实施 2024 年年度权益分派，自 2025 年 5 月 30 日起公司回购股份价 格上限由不超过 20 元/股调整为 ...