Core Viewpoint - The company JinGu Co., Ltd. (002488.SZ) expects a net profit attributable to shareholders of 40 million to 60 million yuan for the first three quarters, representing a year-on-year growth of 23.57% to 85.35% [1] Financial Performance - The net profit excluding non-recurring gains and losses is projected to be between 34 million and 54 million yuan, indicating a year-on-year increase of 34.39% to 113.45% [1] Business Growth Drivers - The growth in performance is primarily attributed to the continuous expansion of the Avatar low-carbon wheel business, with the new production base gradually releasing capacity [1] - The automotive parts business has maintained stable growth [1] R&D and Innovation - The company is increasing its investment in research and development, focusing on the horizontal application of new materials such as Avatar niobium micro-alloys [1] - Key areas of development include embodied intelligence and electric transportation, which are expected to enhance the company's competitiveness in high-end manufacturing [1]

Core Viewpoint - Jingu Co., Ltd. (002488.SZ) announced a profit forecast for the first three quarters of 2025, expecting a net profit attributable to shareholders of 40 million to 60 million yuan, representing a year-on-year growth of 23.57% to 85.35% [1] Group 1 - The company's Avanda low-carbon wheel business continues to grow [1] - New production base is gradually releasing capacity after being put into operation [1] - The automotive parts business is experiencing stable growth [1] Group 2 - The company is increasing its investment in research and development [1] - There is an expansion of new materials applications in fields such as embodied intelligence and electric transportation [1] - The company aims to enhance its competitiveness in high-end manufacturing [1]

Core Viewpoint - The company JinGu Co., Ltd. (002488.SZ) anticipates a significant increase in net profit for the first three quarters of 2025, driven by the growth of its Avatar low-carbon wheel business and stable performance in its auto parts segment [1] Financial Performance - The expected net profit attributable to shareholders ranges from 40 million to 60 million yuan, representing a year-on-year growth of 23.57% to 85.35% [1] - The net profit after deducting non-recurring gains and losses is projected to be between 34 million and 54 million yuan, indicating a year-on-year increase of 34.39% to 113.45% [1] Business Growth Drivers - The growth in performance is primarily attributed to the continuous expansion of the Avatar low-carbon wheel business [1] - The production capacity of the newly established Avatar low-carbon wheel production base is gradually being released, contributing to the overall growth [1] - The auto parts business is maintaining stable growth, further supporting the company's positive financial outlook [1]

Core Viewpoint - The company JinGu Co., Ltd. (002488.SZ) anticipates a significant increase in net profit for the first three quarters of 2025, projecting a range of 40 million to 60 million yuan, representing a year-on-year growth of 23.57% to 85.35% [1] Group 1: Business Performance - The growth in net profit is attributed to the continuous expansion of the Avatar low-carbon wheel business [1] - The new production base has started operations, leading to a gradual release of production capacity [1] - The automotive parts business has shown stable growth during the reporting period [1] Group 2: Innovation and Development - The company is increasing its investment in research and innovation [1] - There is a focus on expanding the application of new materials in fields such as embodied intelligence and electric transportation [1] - Efforts are being made to enhance competitiveness in high-end manufacturing [1]

Core Viewpoint - Jingu Co., Ltd. (002488) expects a significant increase in net profit attributable to shareholders for the first three quarters of 2025, projecting between 40 million to 60 million yuan, which represents a year-on-year growth of 23.57% to 85.35% [1] Group 1 - The company's Avatar low-carbon wheel business has shown continuous growth during the reporting period [1] - The production capacity of the newly established Avatar low-carbon wheel production base is gradually being released [1] - The automotive parts business has maintained stable growth [1]

Report Overview [Important Notice](index=1&type=section&id=Important%20Notice) Zhejiang Jingu Co., Ltd. forecasts significant growth in net profit attributable to shareholders and net profit after non-recurring items for Q1-Q3 2025 - The performance forecast period is from January 1, 2025, to September 30, 2025, with **net profit expected to be positive and increase year-on-year**[7](index=7&type=chunk) Performance Forecast [Current Period Performance Forecast](index=1&type=section&id=Current%20Period%20Performance%20Forecast) The company anticipates substantial growth in Q1-Q3 2025 net profit attributable to shareholders and net profit after non-recurring items, alongside increased basic EPS Key Financial Indicators for Q1-Q3 2025 Performance Forecast (Unit: Million CNY) | Indicator | Current Period (Forecast) | Prior Year Period | Year-on-Year Growth Rate | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | 40 — 60 | 32.37 | 23.57% — 85.35% | | Net Profit After Non-Recurring Items | 34 — 54 | 25.30 | 34.39% — 113.45% | | Basic Earnings Per Share (CNY/share) | 0.04 — 0.06 | 0.03 | - | [Communication with Accounting Firm](index=1&type=section&id=Communication%20with%20Accounting%20Firm) This performance forecast is a preliminary estimate by the company's finance department and has not been pre-audited - This performance forecast has **not been pre-audited by an accounting firm**[5](index=5&type=chunk) Analysis of Performance Changes Performance growth is driven by Avatar low-carbon wheel business expansion, new production base operations, and increased R&D investment in new materials for high-end manufacturing competitiveness - The Avatar low-carbon wheel business achieved sustained growth, with new production bases gradually releasing capacity after commissioning, driving **stable growth in the automotive parts business**[6](index=6&type=chunk) - The company continues to increase R&D and innovation efforts, focusing on expanding the application of new materials like **Avatar niobium micro-alloys in embodied AI and electric transportation**[6](index=6&type=chunk) - This will drive the company to form a new material product matrix, enhancing its **comprehensive competitiveness in high-end manufacturing**[6](index=6&type=chunk) Other Related Explanations This unaudited performance forecast is a preliminary estimate; final data will be in the Q3 2025 report, and investors are advised to note investment risks - This performance forecast is a preliminary estimate by the company's finance department and has **not been audited by an auditing firm**[8](index=8&type=chunk) - The final performance data will be subject to the **company's disclosed Q3 2025 report**[8](index=8&type=chunk) - Investors are kindly requested to **make prudent decisions and be aware of investment risks**[8](index=8&type=chunk)

Core Viewpoint - The company believes that recent escalations in tariff disputes will not impact its operations, as it has already faced higher tariffs due to anti-dumping and countervailing measures from Europe and the U.S. [2] Group 1: Impact of Tariffs - The company has previously been affected by anti-dumping and countervailing measures from Europe and the U.S., resulting in tariffs that are significantly higher than current or potential new tariffs [2] - The company asserts that the recent tariff escalations will not have an effect on its business operations [2] Group 2: Product Demand and Expansion - The company's Avatar low-carbon wheel products are primarily focused on the domestic market and are currently in a state of supply shortage [2] - To actively expand its overseas market, the company has invested in a new production line for Avatar low-carbon wheels in Thailand, which is expected to commence production by the end of 2025 [2] - This new production line is anticipated to inject new growth momentum into the company's overseas business [2]

Core Viewpoint - The company is responding to investor suggestions regarding the development of lightweight high-speed rail wheels using advanced materials and technologies, indicating a strategic focus on innovation and collaboration in the rail transportation sector [1] Group 1: Company Initiatives - The company has introduced a new lightweight product, the Avatar low-carbon wheel, characterized by high strength, low cost, and low carbon emissions [1] - The company is increasing its research and development efforts to explore more horizontal product development and application scenarios based on existing research in new materials, processes, and technologies [1] Group 2: Industry Context - There is a pressing demand for lightweight components in high-speed rail, particularly for wheels, which presents significant weight reduction potential [1] - The company is encouraged to engage with the China Academy of Railway Sciences to provide technical briefings and collaborate on testing material fatigue resistance and wear resistance, which could lead to advancements in high-speed rail wheel technology [1]

每经AI快讯，有投资者在投资者互动平台提问：今天股市股票大跌，是不是三季度业绩没有达到预 期？另外，贵司下半年在手订单如何？经营是否正常？ 金固股份（002488.SZ）10月13日在投资者互动平台表示，目前公司经营情况良好，公司在国内外已布 局建设多个生产基地，也获得多个海内外定点项目，部分项目已经批量供货。公司三季度业绩情况届时 请关注公司定期报告。 （文章来源：每日经济新闻） ...

Core Points - Jin Gu Co., Ltd. experienced a significant decline of 8.25% in stock price, with a trading volume of 4.12 billion yuan and a turnover rate of 3.89% [2] - The stock was listed on the Shenzhen Stock Exchange due to a daily price deviation of -7.51%, with institutional investors net selling 10.02 million yuan [2] - The stock saw a net outflow of 48.49 million yuan in main funds, with large orders contributing to a net outflow of 24.64 million yuan [2] Trading Activity - The latest margin trading balance for Jin Gu Co., Ltd. is 602 million yuan, with a financing balance of 599 million yuan and a securities lending balance of 2.96 million yuan [3] - Over the past five days, the financing balance decreased by 8.83 million yuan, a decline of 1.45%, while the securities lending balance increased by 1.03 million yuan, an increase of 53.69% [3] - On October 13, the top trading departments included the Shenzhen Stock Connect, which had a net buying amount of 33.18 million yuan and a selling amount of 27.02 million yuan [3]