Core Viewpoint - The company reported a decline in revenue and net profit for the first three quarters of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company achieved an operating revenue of 12.26 billion yuan, a year-on-year decrease of 2.28% [1] - The net profit attributable to shareholders was 165 million yuan, down 10.17% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 80.14 million yuan, an increase of 33.63% year-on-year [1] - The basic earnings per share were 0.1792 yuan [1]

Group 1 - The core point of the article is that Huillong Co., Ltd. held its eighth meeting of the sixth board of directors on October 28, 2025, to discuss the adjustment of fund subscription shares [1] - For the first half of 2025, Huillong's revenue composition was as follows: agricultural products accounted for 80.33%, seeds and others accounted for 12.47%, and fine chemical products accounted for 7.2% [1] - As of the time of reporting, Huillong's market capitalization was 5.5 billion yuan [1]

Core Viewpoint - HuiLong Co., Ltd. is a leading enterprise in the agricultural materials circulation sector in China, with a comprehensive industry chain advantage in fertilizers, chemicals, and pesticides [1] Group 1: Business Performance - In Q3 2025, HuiLong's revenue reached 12.26 billion, ranking first in the industry, significantly higher than the second-ranked DaYu Water's 2.067 billion, with the industry average at 4.911 billion [2] - The main business revenue breakdown includes agricultural materials at 6.649 billion (80.33%), agricultural by-products and others at 1.032 billion (12.47%), and fine chemical products at 596 million (7.20%) [2] - The net profit for the same period was 175 million, also ranking first in the industry, while DaYu Water reported a loss of 336,670 [2] Group 2: Financial Ratios - As of Q3 2025, HuiLong's debt-to-asset ratio was 65.41%, slightly down from 65.48% year-on-year, which is higher than the industry average of 56.94% [3] - The gross profit margin for the period was 5.81%, down from 5.87% year-on-year, and below the industry average of 13.26% [3] Group 3: Executive Compensation - The chairman and general manager, Cheng Cheng, received a salary of 880,300, an increase of 63,500 from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 6.67% to 41,100, while the average number of circulating A-shares held per shareholder increased by 7.15% to 23,000 [5] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited ranked fifth, holding 4.91 million shares, a decrease of 1.7806 million shares from the previous period [5]

安徽辉隆农资集团股份有限公司 关于调整基金认购份额的公告 本公司及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。 证券代码:002556 证券简称:辉隆股份 公告编号: 2025-049 三、审批程序 上述事项已经2025年10月28日召开的第六届董事会第八次会议审议 通过。根据《公司法》《深圳证券交易所股票上市规则》和《公司章程》 等相关规定，上述事项无需提交股东大会审议，不构成关联交易，也不构 成《上市公司重大资产重组管理办法》规定的重大资产重组。 四、本次基金减资对公司的影响。 一、基本情况概述 安徽辉隆农资集团股份有限公司（以下简称"辉隆股份"或"公司"） 于2021年11月18日披露《公司关于参与投资设立产业基金的公告》（公 告编号：2021-087），公司拟出资10,000万元参与投资设立庐江振川一 号产业投资基金合伙企业（有限合伙）（以下简称"庐江产业基金"或"基 金"），该基金由公司与安徽金通智汇私募基金管理有限公司（原名：安 徽金通智汇投资管理有限公司）、庐江县城市建设投资有限公司、庐江县 乡村振兴投资有限公司、庐江县工业投资有限公司共同发起设立。 ...

证券代码:002556 证券简称:辉隆股份 公告编号:2025-047 安徽辉隆农资集团股份有限公司 第六届监事会第七次会议决议 本公司及监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。 监事会认为：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。 二、备查文件 第六届监事会第七次会议决议。 特此公告。 安徽辉隆农资集团股份有限公司 1 监事会 2025 年 10 月 28 日 安徽辉隆农资集团股份有限公司（以下简称"公司"）第六届监事会 第七次会议通知于 2025 年 10 月 21 日以送达方式发出，并于 2025 年 10 月 28 日在公司会议室以现场的方式召开。会议由监事会主席董庆先生主 持，全体监事出席了会议。本次会议应到监事 3 名，实到监事 3 名，符合 《公司法》和《公司章程》的有关规定。经全体监事审议表决，一致通过 如下议案： 一、会议以 3 票同意，0 票反对，0 票弃权，审议通过了《公司 2025 年第三 ...

本公司及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。 安徽辉隆农资集团股份有限公司（下称"公司"）第六届董事会第八 次会议通知于 2025 年 10 月 21 日以送达和通讯方式发出，并于 2025 年 10 月 28 日在公司会议室以现场和通讯的方式召开。会议由公司董事长程 诚女士主持，本次会议应到 9 位董事，实到 9 位董事。会议的召开符合《公 司法》和《公司章程》的有关规定，会议通过以下议案： 一、会议以 9 票同意，0 票反对，0 票弃权，审议通过了《公司 2025 年第三季度报告》； 证券代码:002556 证券简称:辉隆股份 公告编号:2025-046 安徽辉隆农资集团股份有限公司 第六届董事会第八次会议决议 (一) 第六届董事会第八次会议决议； (二) 董事会审计委员会会议决议。 特此公告。 1 安徽辉隆农资集团股份有限公司 董事会 本议案已经董事会审计委员会审议通过。 《公司 2025 年第三季度报告》详见信息披露媒体《证券时报》《中国 证券报》《上海证券报》和巨潮资讯网 http://www.cninfo.com.cn。 二、会议以 9 票同意， ...

Core Insights - The company reported a third-quarter revenue of 3.983 billion, representing a year-on-year increase of 9.86% [1] - The net profit for the third quarter was 53.796 million, showing a significant year-on-year growth of 601.80% [1] - For the first three quarters, the company recorded a revenue of 12.26 billion, which is a year-on-year decline of 2.28% [1] - The net profit for the first three quarters was 165 million, reflecting a year-on-year decrease of 10.17% [1]

Financial Performance - The company's operating revenue for the third quarter reached ¥3,982,858,686.13, representing a year-on-year increase of 9.86%[4] - Net profit attributable to shareholders was ¥53,795,689.26, a significant increase of 601.80% compared to the same period last year[4] - The cash flow from operating activities showed a net increase of 164.39%, totaling ¥438,420,757.39 year-to-date[4] - Total operating revenue for the current period is CNY 12,259,964,825.57, a decrease of 2.29% compared to CNY 12,546,649,096.07 in the previous period[22] - Net profit for the period was ¥175,470,351.31, down from ¥183,220,408.69, reflecting a decrease of about 3.93%[24] - The total comprehensive income for the period was ¥173,459,920.04, down from ¥178,672,900.60, a decrease of about 2.48%[24] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥10,986,305,417.83, reflecting a growth of 1.49% from the previous year-end[4] - Accounts receivable increased by 177.10% compared to the previous year-end, primarily due to new receivables not yet due[7] - Total current assets amounted to CNY 6,467,612,269.98, up from CNY 6,038,296,320.51, reflecting an increase of 7.13%[18] - Total liabilities increased to CNY 7,185,986,341.34 from CNY 6,992,070,008.42, indicating a rise of 2.78%[19] - Non-current assets decreased to CNY 4,518,693,147.85 from CNY 4,786,517,729.03, a decline of 5.59%[18] - Total assets reached CNY 10,986,305,417.83, compared to CNY 10,824,814,049.54 in the previous period, showing an increase of 1.5%[19] - Short-term borrowings decreased to CNY 702,101,702.19 from CNY 874,123,283.27, a reduction of 19.63%[19] Cash Flow - The company reported a 54.42% decrease in cash flow from investing activities, attributed to reduced cash received from investment recoveries[12] - Operating cash flow net amount improved to ¥438,420,757.39 from a negative ¥680,835,315.39, indicating a significant recovery[25] - Investment activities generated a net cash flow of ¥267,572,406.64, down from ¥587,059,197.59, a decrease of about 54.45%[26] - Financing activities resulted in a net cash outflow of ¥602,253,232.43, contrasting with a net inflow of ¥82,887,622.15 in the previous period[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 41,064[13] - The largest shareholder, Anhui Huilong Investment Group Co., Ltd., holds a 37.74% stake in the company[14] Earnings and Expenses - The weighted average return on equity was 1.42%, a decrease of 0.56% compared to the previous year-end[4] - The company experienced a 40.57% increase in income tax expenses, mainly due to an increase in deferred tax expenses[10] - Total operating costs decreased to ¥12,161,691,641.52 from ¥12,425,471,573.53, a reduction of approximately 2.12%[23] - The company reported a decrease in research and development expenses to ¥101,085,284.89 from ¥110,407,086.59, a reduction of approximately 8.93%[23] - Basic earnings per share decreased to ¥0.1792 from ¥0.1995, a decline of approximately 8.83%[24] Other Information - The third quarter financial report of Anhui Huillong Agricultural Group Co., Ltd. has not been audited[29] - The new accounting standards will be implemented starting from 2025, affecting the financial statements from the beginning of that year[28] - The company’s board of directors held a meeting on October 28, 2025[29] - There are no specific performance summaries or user data provided in the documents[28][29] - Future outlook and performance guidance details are not available in the provided content[28][29] - Information regarding new product and technology development is not mentioned[28][29] - Market expansion and acquisition strategies are not discussed in the documents[28][29] - Other new strategies are not outlined in the available content[28][29] - The financial report does not include specific numerical data or percentages[28][29] - The company has not disclosed any significant financial metrics or performance indicators[28][29]

Market Overview - The agricultural sector declined by 1.27% on October 28, with Dayu Irrigation leading the losses [1] - The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1] Individual Stock Performance - Huilong Co. (002556) closed at 5.77, down 0.35% with a trading volume of 103,300 shares and a transaction value of 59.5653 million yuan [1] - Runong Irrigation (920964) closed at 7.69, down 0.77% with a trading volume of 25,600 shares and a transaction value of 19.8375 million yuan [1] - Dayu Irrigation (300021) closed at 4.77, down 2.45% with a trading volume of 342,500 shares and a transaction value of 164 million yuan [1] Capital Flow Analysis - The agricultural sector experienced a net outflow of 46.3466 million yuan from institutional investors, while retail investors saw a net inflow of 17.6157 million yuan [1] - Huilong Co. had a net outflow of 13.8030 million yuan from institutional investors, with retail investors contributing a net inflow of 10.7717 million yuan [1] - Dayu Irrigation faced a net outflow of 32.5436 million yuan from institutional investors, with retail investors contributing a net inflow of 6.8440 million yuan [1]

Group 1 - The agricultural sector index increased by 0.19% on October 27, with Runong Irrigation 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] - Runong Irrigation's closing price was 7.75, with a gain of 0.52%, and a trading volume of 30,800 shares [1] Group 2 - The agricultural sector experienced a net outflow of 780.61 million yuan from institutional investors, while retail investors saw a net inflow of 1,336.73 million yuan [1] - Huilong Co. had a net outflow of 353.25 million yuan from institutional investors, representing a 5.07% net outflow [1] - Dayu Irrigation experienced a net outflow of 427.36 million yuan from institutional investors, with a 4.16% net outflow [1]