Core Viewpoint - Yangzi New Materials (002652.SZ) reported a decline in revenue and a net loss for the third quarter, indicating financial challenges faced by the company [1] Financial Performance - The company recorded a revenue of 228 million yuan for the first three quarters, representing a year-on-year decrease of 14.64% [1] - The net loss for the period was 15.61 million yuan, with a non-recurring net loss of 16.09 million yuan [1] - Basic earnings per share were reported at -0.0305 yuan [1]

Core Points - Yangzi New Materials announced a revenue of 72.32 million yuan for Q3 2025, representing a year-on-year decline of 12.06% [1] - The net loss attributable to shareholders was 3.75 million yuan, an increase of 0.78% year-on-year [1] - Basic earnings per share were -0.0073 yuan for Q3 2025 [1] Financial Performance - For the first three quarters, the company reported a total revenue of 228 million yuan, down 14.64% year-on-year [1] - The net loss attributable to shareholders for the first three quarters was 15.61 million yuan, a significant increase of 228.94% year-on-year [1] - Basic earnings per share for the first three quarters were -0.0305 yuan [1]

Financial Performance - Q3 2025 revenue was ¥72,315,509.02, a decrease of 12.06% year-over-year, and year-to-date revenue was ¥228,390,551.27, down 14.64% compared to the same period last year[5] - The net profit attributable to shareholders was -¥3,754,573.87 for Q3 2025, a slight increase of 0.78% year-over-year, while the year-to-date net profit was -¥15,606,793.62, a significant decline of 228.94%[5] - Basic and diluted earnings per share for Q3 2025 were both -¥0.0073, reflecting a decrease of 229.24% year-to-date[5] - Total operating revenue for the current period was ¥228,390,551.27, a decrease of 14.63% compared to ¥267,571,174.61 in the previous period[15] - The net profit for the period was a loss of ¥15,606,793.62, compared to a profit of ¥12,104,295.81 in the previous year, indicating a significant downturn[17] - The company reported a basic and diluted earnings per share of -¥0.0305, compared to ¥0.0236 in the previous year[17] - The total comprehensive income for the period was a loss of ¥15,606,793.62, compared to a gain of ¥12,104,295.81 in the previous year[17] Assets and Liabilities - Total assets at the end of Q3 2025 were ¥447,873,417.56, down 7.22% from the end of the previous year[5] - Current assets totaled ¥183,923,626.20, down from ¥212,747,801.03 at the beginning of the period, reflecting a decrease of 13.57%[12] - Cash and cash equivalents decreased to ¥21,430,662.45 from ¥31,231,352.94, a decline of 31.36%[12] - Accounts receivable decreased to ¥65,428,026.88 from ¥78,332,088.19, a reduction of 16.43%[12] - Inventory remained relatively stable at ¥37,219,596.97, slightly down from ¥37,454,107.11[12] - Total liabilities decreased to ¥197,114,968.97 from ¥216,380,245.43, a decline of 8.89%[13] - The company's equity attributable to shareholders decreased to ¥250,758,448.59 from ¥266,365,242.21, a decline of 5.87%[13] Cash Flow - Cash flow from operating activities for the year-to-date was ¥5,164,244.70, a dramatic decline of 91.21% compared to the previous year[5] - The cash flow from operating activities generated a net cash inflow of ¥5,164,244.70, down from ¥58,765,500.85 in the prior period, reflecting a decrease of approximately 91.2%[19] - The company reported a significant reduction in cash flow from investing activities, with a net cash flow of ¥937,072.56, down 93.76% year-over-year[8] - Cash and cash equivalents at the end of the period totaled ¥16,030,662.45, down from ¥22,401,498.28, a decline of about 28.5%[20] Operational Changes - The company experienced a 30.76% decrease in accounts payable, amounting to ¥12,347,421.43, attributed to reduced production output[8] - The company reported a 120.41% increase in prepayments, totaling ¥7,856,449.90, primarily due to increased advance payments for raw material purchases[8] - Total operating costs also decreased to ¥242,040,280.62 from ¥279,405,921.89, a reduction of about 13.4%[16] - The company incurred a credit impairment loss of ¥3,635,924.74, a significant change from a gain of ¥24,231,429.30 in the previous year[16] - The company’s research and development expenses were ¥706,778.83, down from ¥999,755.36, indicating a reduction of approximately 29.2%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,873, with the largest shareholder holding 30.00% of the shares[9] Financing Activities - The company raised ¥169,300,000.00 in borrowings during the financing activities, an increase from ¥114,150,000.00 in the prior period[19] Product Development - The company has not disclosed any new product developments or market expansion strategies during the reporting period[11]

Group 1: Yangzi New Materials - Yangzi New Materials is facing a securities false statement liability dispute due to significant undisclosed related party transactions from 2018 to 2020, with fund occupation balances reaching approximately 197 million yuan at the end of 2018 and increasing to about 363 million yuan by the end of 2019 [2][3] - In 2020, the company engaged in fraudulent activities by creating a false trading loop, inflating revenue by approximately 137 million yuan, which accounted for about 11% of the reported revenue for that year [3] - The lawsuit's statute of limitations is nearing its end, with affected investors who purchased shares between January 5, 2018, and December 29, 2022, encouraged to join the compensation efforts [3] Group 2: Southern Precision - Southern Precision's securities false statement case highlights the challenges of information disclosure in the digital age, stemming from misleading responses on the interactive platform of the Shenzhen Stock Exchange [5][6] - The misleading information led to significant stock price fluctuations, with the company failing to clarify the inaccuracies even after the stock exhibited abnormal trading behavior [6] - Investors who bought shares between June 20, 2023, and July 5, 2023, and held them until July 5, 2023, are advised to participate in the compensation process [6] Group 3: Huichen Co., Ltd. - Huichen Co., Ltd. is involved in a systematic financial fraud case, with multiple instances of false disclosures in its prospectus and annual reports from 2019 to 2022, significantly distorting its financial status [7][8] - The company inflated profits by 17.86 million yuan in 2019, 60.96 million yuan in 2020, and 24.24 million yuan in 2021, which misled investors regarding its financial health [7] - The case has implications for its IPO sponsor, CITIC Securities, and auditing firm, PwC, with the latter being held partially liable for compensation, while CITIC Securities was not held responsible for investment loss claims [8]

Core Points - Yangzi New Materials (002652) reported that as of October 10, 2025, the number of shareholders reached 21,953 [1]

Market Performance - The renovation and building materials sector rose by 1.11% on October 15, with Youbang Ceiling leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Top Gainers in the Sector - Youbang Ceiling (002718) closed at 24.18, up 6.01% with a trading volume of 33,200 lots and a transaction value of approximately 77.50 million yuan [1] - Jianlang Hardware (002791) closed at 22.71, up 5.14% with a trading volume of 193,400 lots [1] - Fashilong (605318) closed at 52.86, up 4.32% with a trading volume of 59,900 lots and a transaction value of approximately 299 million yuan [1] Sector Fund Flow - The renovation and building materials sector saw a net inflow of 92.69 million yuan from institutional investors, while retail investors experienced a net outflow of 129 million yuan [2] - The sector's main funds showed a mixed trend, with some companies attracting significant net inflows while others faced outflows [3] Notable Stocks with Fund Flow - Beixin Building Materials (000786) had a net inflow of approximately 36.81 million yuan from main funds, but a net outflow of 45.10 million yuan from retail investors [3] - Jianlang Hardware (002791) attracted a net inflow of about 30.89 million yuan from main funds, with a net outflow of 33.69 million yuan from retail investors [3] - San Ke Tree (603737) saw a net inflow of 12.85 million yuan from main funds, but also faced a net outflow of 11.04 million yuan from retail investors [3]

重要内容提示： 案件所处的仲裁阶段：终局裁决。 上市公司所处的当事人地位：苏州扬子江新型材料股份有限公司（以下 简称公司）的全资子公司苏州慧来城市服务有限公司（以下简称苏州慧来）为仲 裁申请人。 证券代码：002652 证券简称：扬子新材 公告编号：2025-034 苏州扬子江新型材料股份有限公司 关于全资子公司仲裁事项的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 涉案金额：30,748,187 元，以及以此为基数，自 2022 年 12 月 26 日起 至实际支付之日止的逾期利息（按年利率 12%计算）。 对上市公司损益产生的影响：本次裁决为终局裁决但尚未执行，对公司 本期利润和期后利润的具体影响尚存在不确定性。 一、本次仲裁事项的基本情况 2025 年 1 月 4 日，公司于《中国证券报》《证券时报》《证券日报》和巨 潮资讯网（www.cninfo.com.cn）披露了《关于全资子公司债权到期未获清偿的 公告》（公告编号：2025-001）。苏州慧来因与滨南生态环境集团股份有限公司 （以下简称滨南股份）的股权合作事项终止，根据与滨南股份股东签 ...

Group 1 - Yangzi New Materials (002652) is facing investor compensation claims due to false statements, with a precedent for winning such cases [1] - The company received an administrative penalty decision from the China Securities Regulatory Commission (CSRC) on November 9, 2023, citing significant omissions in its annual report [1] - The report indicated that related party fund occupation and procurement matters were not disclosed adequately [2] Group 2 - Yangzi New Materials was found to have falsely recorded revenue by approximately 137.1 million yuan in 2020, which accounted for about 11% of its reported annual revenue [3] - Investors who purchased shares between April 29, 2019, and December 30, 2022, may still initiate claims [3] - The law firm is also handling ongoing compensation claims for Yili Clean Energy (600277), which has updated its compensation conditions [3][5] Group 3 - Yili Clean Energy has been accused of financial fraud from 2016 to 2022, including inflating profits and assets through various deceptive practices [4] - The inflated profits during this period were reported as 19.3 million yuan in 2016, 53.0 million yuan in 2017, and so on, with the total profit inflation reaching 82.7 million yuan in 2022 [4] - Investors who bought Yili Clean Energy shares between April 18, 2017, and April 24, 2024, are eligible to file claims [5]

Group 1 - The renovation and building materials sector increased by 0.34% compared to the previous trading day, with Yibang Diao Ding leading the gains [1] - On the same day, the Shanghai Composite Index closed at 3876.34, up 0.37%, while the Shenzhen Component Index closed at 13215.46, up 1.16% [1] - Key stocks in the renovation and building materials sector showed significant price increases, with Yibang Diao Ding rising by 6.23% to a closing price of 23.36 [1] Group 2 - The main capital flow in the renovation and building materials sector showed a net outflow of 38.55 million yuan from institutional investors, while retail investors contributed a net inflow of 31.46 million yuan [3] - The overall capital flow indicates a mixed sentiment, with retail investors showing interest despite the net outflow from institutional investors [3]

证券代码：002652 证券简称：扬子新材 公告编号：2025-033 苏州扬子江新型材料股份有限公司 2025 年第一次临时股东大会决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 （三）现场会议地点：苏州市相城区黄埭镇春丰路 88 号扬子新材大会议室 （四）会议召集人：董事会 特别提示： 1、本次股东大会无否决提案的情况； 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开情况 （一）会议召开时间 1、现场会议时间：2025 年 9 月 11 日（星期四）下午 14:30 2、网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时间 为：2025 年 9 月 11 日的交易时间，即上午 9:15—9:25,9:30—11:30 和下午 13:00 —15:00；通过深圳证券交易所互联网投票系统投票的时间为 2025 年 9 月 11 日 上午 9:15 至下午 15:00 期间的任意时间。 （二）会议的召开方式：本次会议采取现场投票和网络投票相结合的方式召 开。 （五）会议主持人：董事长王梦冰 （六）本次会议的召集、召开程序符 ...