Core Viewpoint - Guangyang Co., Ltd. is a significant player in the automotive parts industry, focusing on precision bearings and other products, with a notable market and technological advantage in the automotive components sector [1] Group 1: Business Performance - In Q3 2025, Guangyang's revenue reached 1.89 billion yuan, ranking 35th among 103 companies in the industry, while the industry leader, Weichai Power, reported revenue of 170.57 billion yuan [2] - The main business composition includes bearing products at 742 million yuan (58.88%), synchronizer and planetary gear products at 249 million yuan (19.79%), and circuit board business at 133 million yuan (10.55%) [2] - The net profit for the same period was 53.94 million yuan, placing it 70th in the industry, with the industry average net profit being 27.5 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Guangyang's debt-to-asset ratio was 54.31%, higher than the previous year's 47.06% and above the industry average of 39.06% [3] - The gross profit margin for the period was 16.85%, an increase from 14.51% year-on-year, but still below the industry average of 21.53% [3] Group 3: Management and Shareholder Information - The chairman, Li Shuhua, received a salary of 1.3954 million yuan in 2024, a decrease of 349,600 yuan from 2023 [4] - The number of A-share shareholders increased by 12.42% to 58,700 as of September 30, 2025, while the average number of circulating A-shares held per shareholder decreased by 11.05% [5] - Notable business highlights include a rebound in the profitability of the synchronizer business and growth in the automotive electronics sector, with projected revenues of 2.774 billion, 3.7 billion, and 4.795 billion yuan for 2025 to 2027 [5]

Group 1 - The core viewpoint of the article highlights Guangyang Co., Ltd. (002708.SZ) reporting a revenue of 1.89 billion yuan for the first three quarters, reflecting a year-on-year growth of 10.76% [1] - The net profit attributable to shareholders of the listed company reached 63.59 million yuan, marking a significant year-on-year increase of 58.26% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 56.89 million yuan, which represents a year-on-year growth of 58.93% [1]

证券代码：002708 证券简称：光洋股份 公告编号：（2025）086号 常州光洋轴承股份有限公司 关于使用部分暂时闲置募集资金进行现金管理 及募集资金余额以协定存款方式存放的公告 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。 常州光洋轴承股份有限公司（以下简称"公司"）于2025年10月29日召开的 第五届董事会第十七次会议审议通过了《关于使用部分暂时闲置募集资金进行现 金管理及募集资金余额以协定存款方式存放的议案》，在不影响募集资金投资项 目建设和募集资金投资计划正常进行的前提下，同意公司继续使用不超过25,000 万元的闲置募集资金进行现金管理及募集资金余额以协定存款方式存放事项。具 体情况如下： 一、募集资金基本情况 根据中国证券监督管理委员会《关于同意常州光洋轴承股份有限公司向特定 对象发行股票注册的批复》（证监许可[2023]2040号），公司向特定对象发行人 民币普通股（A股）81,661,891股，发行价格为人民币6.98元/股，募集资金总额 为人民币569,999,999.18元，扣除各项发行费用（不含增值税）人民币14,470,822. ...

证券代码：002708 证券简称：光洋股份 公告编号：（2025）084号 常州光洋轴承股份有限公司 第五届董事会第十七次会议决议公告 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。 一、董事会会议召开情况 经常州光洋轴承股份有限公司（以下简称"公司"）全体董事一致同意，公 司第五届董事会第十七次会议于2025年10月29日在常州市新北区汉江路52号公 司1号会议室以现场和通讯相结合的方式召开，会议应出席董事9名，实际出席董 事9名，其中参加现场会议董事1名，以通讯方式参会董事8名。会议由董事长李 树华先生召集并主持，公司高级管理人员列席了本次会议。本次会议的召集、召 开与表决程序符合法律法规的有关规定，会议合法有效。 二、董事会会议审议情况 经与会全体董事认真审议，通过了如下决议： 1、以9票同意、0票反对、0票弃权审议通过《关于公司<2025年第三季度报 告>的议案》 1、公司第五届董事会第十七次会议决议； 本议案已经公司董事会审计委员会审议通过。 2、公司第五届董事会审计委员会第十五次会议决议； 《2025年第三季度报告》于2025年10月31日刊登于《 ...

国金证券股份有限公司关于常州光洋轴承股份有限公司 使用部分暂时闲置募集资金进行现金管理及募集资金余额以协 定存款方式存放的核查意见 一、募集资金基本情况 根据中国证券监督管理委员会《关于同意常州光洋轴承股份有限公司向特定 对象发行股票注册的批复》（证监许可[2023]2040号），公司向特定对象发行人 民币普通股（A股）81,661,891股，发行价格为人民币6.98元/股，募集资金总额 为人民币569,999,999.18元，扣除各项发行费用（不含增值税）人民币14,470,822.44 元后，募集资金净额为人民币555,529,176.74元。上述募集资金已于2023年10月 20日全部到位，经信永中和会计师事务所（特殊普通合伙）审验并出具了 （XYZH/2023BJAA8B0242）《验资报告》。募集资金到账后，公司已按照规定 全部存放于募集资金专项账户内，并与保荐人、募集资金专户监管银行签订了《募 集资金三方监管协议》。 公司于2025年8月21日召开第五届董事会第十五次会议、第五届监事会第十 四次会议，审议通过了《关于募集资金投资项目延期的议案》，根据公司募投项 目在实施过程中的实际进展情况以及市场 ...

Core Viewpoint - The company has approved the use of up to 250 million yuan of temporarily idle raised funds for cash management, focusing on high safety and liquidity investment products [1] Group 1: Financial Management - The board meeting held on October 29, 2025, approved the proposal for cash management using idle funds [1] - The investment products selected must meet capital preservation requirements and have good liquidity [1] - The usage period for these funds is valid for 12 months from the date of board approval, with the possibility of rolling use within the approved limit [1] Group 2: Impact on Operations - This decision will not affect the progress of the fundraising investment projects or the normal production and operation of the company [1]

Core Insights - The company reported a third-quarter revenue of 630 million yuan, representing a year-on-year growth of 8.09% [1] - The net profit attributable to shareholders for the third quarter was 10.64 million yuan, showing a significant year-on-year increase of 425.80% [1] - For the first three quarters, the company achieved a total revenue of 1.89 billion yuan, with a year-on-year growth of 10.76% [1] - The net profit attributable to shareholders for the first three quarters was 63.59 million yuan, reflecting a year-on-year increase of 58.26% [1]

Financial Performance - The company's revenue for Q3 2025 reached ¥629,647,265.89, an increase of 8.09% year-over-year, and a total revenue of ¥1,889,953,475.01 for the year-to-date, up 10.76% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2025 was ¥10,644,352.06, a significant increase of 425.80% year-over-year, with a year-to-date net profit of ¥63,591,694.48, up 58.26%[5] - The basic earnings per share for Q3 2025 was ¥0.0192, reflecting a 431.03% increase compared to the same period last year, with diluted earnings per share also at ¥0.0192[5] - Total operating revenue for the period reached ¥1,889,953,475.01, an increase of 10.73% compared to ¥1,706,307,602.31 in the previous period[22] - Net profit attributable to shareholders of the parent company was ¥63,591,694.48, compared to ¥40,182,350.26 in the previous period, representing a growth of 58.06%[23] - The company's total comprehensive income attributable to the parent company was CNY 63,533,372.32, compared to CNY 40,056,730.71 in the previous period, reflecting a significant increase[24] - The net cash flow from operating activities was CNY 56,076,887.51, a recovery from a negative cash flow of CNY -139,304,334.74 in the previous period[27] - Cash inflow from financing activities totaled CNY 1,109,511,050.18, up from CNY 694,924,560.68 in the previous period, indicating increased funding activities[27] - The company received CNY 1,181,306,705.78 in cash from sales of goods and services, compared to CNY 1,099,790,080.36 previously, marking a growth in revenue generation[26] Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥3,735,505,960.04, representing a 5.84% increase from the end of the previous year[5] - Current assets totaled ¥2,316,175,431.24, up from ¥2,135,638,491.68, indicating an increase of 8.45%[19] - The total liabilities increased to ¥2,028,719,710.53 from ¥1,814,021,298.92, reflecting a growth of 11.85%[21] - Short-term borrowings rose to ¥1,058,556,591.39 from ¥873,594,199.86, reflecting a significant increase of 20.95%[21] - Inventory levels increased to ¥671,913,194.66 from ¥546,748,916.01, a rise of 22.83%[20] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date reached ¥56,076,887.51, an increase of 140.25%[5] - The company reported a net increase in cash and cash equivalents of ¥241,010,733.03, a turnaround from a decrease of ¥284,600,694.57 in the previous year[9] - Cash and cash equivalents at the end of the period increased to CNY 623,502,993.53 from CNY 190,510,515.29, indicating strong liquidity improvement[27] - The net cash flow from investing activities was CNY 73,079,322.63, a recovery from a negative cash flow of CNY -167,317,666.30 in the previous period[27] - The total cash outflow from investing activities was CNY 282,866,183.48, down from CNY 521,568,756.74, indicating a reduction in investment expenditures[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 58,681[11] - The largest shareholder, Changzhou Guangyang Holdings, holds 24.70% of shares, totaling 138,833,877 shares[11] - The top ten shareholders hold a significant portion of shares, with the top three shareholders alone accounting for over 33% of total shares[12] Investments and Expansion - The company plans to increase the registered capital of its wholly-owned subsidiary Tianhai Tongbu Technology Co., Ltd. by RMB 190 million, raising its capital from RMB 108.459227 million to RMB 298.459227 million[13] - The company has signed an investment agreement for a project in Huangshan, Anhui, to build a facility with an annual production capacity of 60 million high-end precision components for new energy vehicles and robots[14] - The company has completed the registration procedures for its wholly-owned subsidiary Huangshan Guangyang Transmission Technology Co., Ltd. after increasing its registered capital by RMB 200 million[15] - The company has invested up to RMB 25 million in Shenzhen Zhujidongli Technology Co., Ltd. for additional registered capital[16] - The company has established a wholly-owned subsidiary, Huangshan Guangyang Robot Co., Ltd., to enhance its investment in the robotics sector[17] - The company has agreed to invest RMB 30 million in Suzhou Zhuoyu Electric Technology Co., Ltd. for a 6.5217% equity stake and to engage in strategic cooperation[17] Expenses - Sales expenses for Q3 2025 were ¥53,214,298.81, up 34.20% year-over-year, mainly due to increased warehousing costs for overseas customers[9] - Research and development expenses were ¥80,320,264.79, compared to ¥72,830,132.31, showing an increase of 10.18%[23] Other Financial Metrics - The company reported a net profit margin of approximately 2.85% for the current period, up from 1.37% in the previous period[23] - The company experienced a foreign exchange impact on cash and cash equivalents of CNY 1,947,699.27, compared to CNY 1,686,491.09 in the previous period[27] - The company reported a decrease in other comprehensive income attributable to the parent company, amounting to CNY -58,322.16, compared to CNY -125,619.55 previously[24]

证券代码：002708 证券简称：光洋股份 公告编号：（2025）083号 常州光洋轴承股份有限公司 三、合同的主要内容 1、债权人：中国工商银行股份有限公司常州新区支行 关于公司提供担保的进展公告 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。 一、担保情况概述 常州光洋轴承股份有限公司（以下简称"公司"）分别于2025年4月24日、5 月21日召开第五届董事会第十四次会议、2024年度股东大会审议通过了《关于 2025年度公司及下属公司间相互提供担保额度的议案》，同意公司2025年度为纳 入合并报表范围内控股子公司融资业务提供担保，控股子公司为母公司融资业务 提供担保，额度总计不超过人民币20亿元，其中向资产负债率为70%以上的担保 对象的担保额度为不超过3.8亿元，向资产负债率为70%以下的担保对象的担保额 度为不超过16.2亿元。担保范围包括但不限于申请银行综合授信、借款、银行承 兑汇票、信用证、履约保函、专项贷款、远期外汇或开展其他日常经营融资业务 等。担保方式包括但不限于一般保证、连带责任担保、股权质押、抵押担保等其 他符合法律法规要求的担保。公司 ...

Core Viewpoint - Zhu Xueying has completed her share reduction plan, selling a total of 5.55465 million shares, which represents 0.9951% of the company's total share capital after excluding shares held in the repurchase account [1] Summary by Categories Share Reduction - Zhu Xueying executed the share reduction from September 18, 2025, to October 22, 2025, through centralized bidding transactions [1] - After the reduction, Zhu Xueying no longer holds any shares in the company [1] Compliance and Impact - The share reduction complies with relevant laws and regulations, as well as commitments made by Zhu Xueying [1] - The reduction will not affect the company's control, governance structure, or ongoing operations [1]