Core Viewpoint - The major shareholder of Xingye Technology plans to reduce its stake in the company by up to 8.8665 million shares, representing 3% of the total share capital, within three months after the announcement date [1] Summary by Category - **Shareholder Actions** - The major shareholder, Chunhong Investment, intends to reduce its holdings through centralized bidding and block trading methods [1] - The reduction will occur within three months following the announcement, starting fifteen trading days after the disclosure [1]

Group 1 - The major shareholder of Xingye Technology, Fujian Chunhong Equity Investment Partnership, plans to reduce its stake by up to 8.8665 million shares, representing 3% of the company's total share capital [1]

证券代码：002674 证券简称：兴业科技 公告编号：2025-067 兴业皮革科技股份有限公司 关于大股东减持股份的预披露公告 信息披露义务人福建省春宏股权投资合伙企业（有限合伙）保证向公司提供 的信息内容真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证信息披露内容与信息披露义务人提供的信息 一致。 特别提示：兴业皮革科技股份有限公司（以下简称"公司"或"本公司"）于近 日接到大股东福建省春宏股权投资合伙企业（有限合伙）（以下简称"春宏投资"） 提交的《股份减持计划告知函》，春宏投资持有本公司 31,464,000 股（占公司总 股本 10.65%），春宏投资计划在本公告披露之日起十五个交易日后的三个月内以 集中竞价和大宗交易方式减持本公司股份累计不超过 8,866,500 股（占本公司总 股本的 3%），其中以集中竞价方式减持股份总数不超过本公司总股本的 1%，以 大宗交易方式减持股份总数不超过本公司总股本的 2%。 一、春宏投资的基本情况 1、股东名称：福建省春宏股权投资合伙企业（有限合伙） 3、减持数量、方式：通过集中竞价及大宗交易的方式累计减持不超过 8,866, ...

Core Viewpoint - The stock of Xingye Technology has experienced fluctuations, with a year-to-date increase of 48.72% but a recent decline in the last five and twenty trading days [1][2]. Group 1: Stock Performance - As of November 3, Xingye Technology's stock price was 13.89 CNY per share, with a market capitalization of 4.105 billion CNY [1]. - The stock has seen a net outflow of 291.17 thousand CNY in principal funds, with large orders accounting for 2.40% of total buying and 12.00% of total selling [1]. - The stock has appeared on the "Dragon and Tiger List" four times this year, with the most recent appearance on September 23, where it recorded a net purchase of 91.1784 million CNY [1]. Group 2: Financial Performance - For the period from January to September 2025, Xingye Technology reported a revenue of 2.014 billion CNY, reflecting a year-on-year growth of 0.01%, while the net profit attributable to shareholders decreased by 63.86% to 39.6558 million CNY [2]. - The company has distributed a total of 1.153 billion CNY in dividends since its A-share listing, with 365 million CNY distributed over the past three years [3]. Group 3: Business Overview - Xingye Technology, established on December 14, 1992, specializes in the development, production, and sales of mid-to-high-end cowhide leather for shoes [1]. - The revenue composition includes leather for bags and belts (63.62%), automotive interior leather (28.47%), and other leather products [1]. - As of September 30, 2025, the number of shareholders increased by 28.28% to 16,600, while the average circulating shares per person decreased by 22.04% to 17,629 shares [2].

Group 1 - The core point of the article is that Xinyi Technology (002674.SZ) reported an increase in institutional ownership, with a total of 1.56 billion shares held by 8 institutional investors, representing 52.86% of the total share capital, which is an increase of 3.11 percentage points compared to the previous quarter [1] Group 2 - Among the institutional investors, notable names include Fujian Wanxing Equity Investment Partnership, China Construction Bank's fund, and J.P. Morgan Securities PLC [1] - In terms of public funds, 2 new public funds were disclosed this quarter, while 20 public funds were not disclosed compared to the previous quarter [1] - The newly disclosed public funds include Yongying Advanced Manufacturing Mixed Fund and Minsheng Jia Yin National Index Enhanced A [1]

Core Viewpoint - Xingye Technology is a leading domestic manufacturer of mid-to-high-end cowhide leather for shoes, with a full industry chain advantage and a focus on supplying various overseas brands [1] Group 1: Business Performance - In Q3 2025, Xingye Technology reported revenue of 2.014 billion yuan, ranking third in the industry, with the top competitor, Weixing Co., achieving 3.633 billion yuan [2] - The company's net profit for the same period was 826.674 million yuan, also ranking third, while Weixing Co. led with a net profit of 587 million yuan [2] - The main business segments include leather for bags and belts (855.2 million yuan, 63.62%), automotive interior leather (381 million yuan, 28.47%), and other leather products [2] Group 2: Financial Ratios - As of Q3 2025, Xingye Technology's debt-to-asset ratio was 42.96%, up from 39.92% year-on-year, exceeding the industry average of 35.48% [3] - The gross profit margin for Q3 2025 was 18.72%, down from 21.27% year-on-year, and below the industry average of 28.37% [3] Group 3: Executive Compensation - The chairman, Wu Huachun, received a salary of 1.4 million yuan in 2024, a decrease of 40,000 yuan from the previous year [4] - The president, Sun Huiyong, earned 1.4132 million yuan in 2024, down from 1.4505 million yuan in 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 28.28% to 16,600, while the average number of shares held per shareholder decreased by 22.04% [5] - The company reported a revenue of 700 million yuan in Q2 2025, a year-on-year increase of 7%, but a net profit decrease of 45% [5] Group 5: Strategic Developments - Xingye Technology signed a strategic cooperation agreement with Suzhou Nengsida to jointly develop flexible electronic skin based on natural leather and bio-based materials [6] - The company is expanding its overseas presence with factories in Indonesia and Vietnam, which will aid in market expansion [5][6] - Forecasted EPS for 2025-2027 is 0.41 yuan, 0.56 yuan, and 0.73 yuan respectively, maintaining a "buy" investment rating [6]

1、全体监事以 3 票赞成、0 票反对、0 票弃权，通过了《关于公司 2025 年 第三季度报告的议案》。 监事会认为：董事会编制和审议公司 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，公司 2025 年第三季度报告的内容能够真实、准 确、完整地反映公司的实际情况。 《兴业皮革科技股份有限公司 2025 年第三季度报告全文》具体内容详见巨 潮资讯网（www.cninfo.com.cn）。 证券代码：002674 证券简称： 兴业科技 公告编号：2025-066 兴业皮革科技股份有限公司 第六届监事会第十二次会议决议公告 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 兴业皮革科技股份有限公司（以下简称"公司"）第六届监事会第十二次会议 的通知于 2025 年 10 月 17 日以直接送达、传真、电子邮件并电话确认等方式送 达公司全体监事。会议于 2025 年 10 月 27 日下午 2:00 在公司办公楼二楼会议室 以现场的方式召开。本次会议应出席监事 3 名，实际出席监事 3 名，由监事会主 席苏建忠先生主持 ...

证券代码：002674 证券简称：兴业科技 公告编号：2025-062 本公司及董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、董事会会议召开情况 兴业皮革科技股份有限公司（以下简称"公司"）第六届董事会第十二次会 议书面通知于 2025 年 10 月 17 日以直接送达、传真、电子邮件并电话确认等方 式送达全体董事，本次会议于 2025 年 10 月 27 日上午 10:00 在福建省晋江市安 海第二工业区公司办公楼二楼会议室以现场会议的方式召开。本次会议应出席董 事 7 名，实际出席董事 7 名。本次会议的出席人数符合召开董事会会议的法定人 数。本次会议由董事吴华春先生主持，公司的监事、高管人员列席了本次会议。 本次会议的召集和召开符合《中华人民共和国公司法》《中华人民共和国证券法》 《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等 有关法律、行政法规和中国证监会相关规范性文件及《公司章程》的有关规定。 二、董事会会议审议情况 经与会董事审议表决，一致通过如下议案： 《兴业皮革科技股份有限公司 2025 年第三季度报告全文》具体内容详 ...

Group 1 - The core viewpoint of the article highlights the financial performance of Xingye Technology, which reported a slight increase in revenue but a significant decrease in net profit for the third quarter of 2025 [1] - Xingye Technology's revenue for the first three quarters of 2025 was approximately 2.014 billion yuan, reflecting a year-on-year increase of 0.01% [1] - The net profit attributable to shareholders of the listed company was approximately 39.66 million yuan, showing a year-on-year decrease of 63.86% [1] Group 2 - As of the report, Xingye Technology's market capitalization stands at 4.5 billion yuan [1] - The article also notes a broader market trend, indicating that the A-share market has surpassed 4,000 points, marking a significant resurgence after a decade of stagnation, with technology stocks leading the market [1]

Company Overview - Xingye Technology (SZ 002674) announced its sixth board meeting on October 27, 2025, to review the third quarter report for 2025 [1] - For the first half of 2025, the company's revenue composition was 98.87% from the cowhide leather industry and 1.13% from other businesses [1] - As of the report, Xingye Technology has a market capitalization of 4.5 billion yuan [1] Industry Context - The A-share market has surpassed 4,000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation [1] - A new "slow bull" market pattern is emerging, indicating a shift in market dynamics [1]