Group 1 - The core viewpoint of the article highlights the financial performance of Fuhuang Steel Structure in Q3 2023, indicating a significant decline in revenue and profit compared to the previous year [1] - For the first three quarters of 2025, the company's revenue was approximately 2.348 billion yuan, representing a year-on-year decrease of 19.6% [1] - The net profit attributable to shareholders was around 41.3 million yuan, down 39.16% year-on-year, with basic earnings per share at 0.09 yuan, a decrease of 43.75% [1] Group 2 - As of the report, Fuhuang Steel Structure has a market capitalization of 2.4 billion yuan [2]

Core Viewpoint - The company reported a significant decline in both revenue and net profit for the third quarter of 2025 compared to the same period last year, indicating potential challenges in its operational performance [1] Financial Performance - In Q3 2025, the company achieved a revenue of 428 million yuan, a year-on-year decrease of 48.62% [1] - The net profit for Q3 2025 was 10.67 million yuan, down 64.50% year-on-year [1] - For the first three quarters of 2025, the company reported a total revenue of 2.348 billion yuan, reflecting a year-on-year decrease of 19.60% [1] - The net profit for the first three quarters was 41.3 million yuan, which is a 39.16% decrease compared to the same period last year [1]

证券代码：002743 证券简称：富煌钢构 公告编号：2025-060 安徽富煌钢构股份有限公司 2025年7-9月份新签销售合同情况简报 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。 安徽富煌钢构股份有限公司（以下简称"公司"）2025年7-9月累计新签销售 合同额人民币约37,875.54万元。公司2025年1-9月累计新签销售合同额人民币约 358,320.81万元，较上年同期下降1.88%。 截至2025年9月末，公司已中标尚未签订销售合同的金额合计99,807.96万元， 较上年同期增长15.11%。 以上数据为阶段性数据，仅供投资者参考，最终数据以定期报告披露的数据 为准。 特此公告。 安徽富煌钢构股份有限公司董事会 2025年10月31日 ...

二、监事会会议审议情况 证券代码：002743 证券简称：富煌钢构 公告编号：2025-058 安徽富煌钢构股份有限公司 第七届监事会第十六次会议决议公告 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 安徽富煌钢构股份有限公司（以下简称"公司"）第七届监事会第十六次会 议于2025年10月30日下午15：00在公司会议室召开。会议的通知及议案已于2025 年10月27日以书面方式发出。本次会议应到监事3人，实到监事3人，会议由监事 会主席张艳红女士主持。会议的召集和召开符合《公司法》及《公司章程》的有 关规定。 经与会监事以记名方式投票表决，审议并通过了如下事项： 1、以3票同意，0票反对，0票弃权的表决结果，审议通过了《关于<公司2025 年第三季度报告>的议案》 经审核，监事会认为董事会编制的《2025年第三季度报告》及其摘要的程序 符合法律、行政法规和中国证监会的规定，报告内容公允地反映了公司的经营状 况和经营成果，报告所披露的信息真实、准确、完整，不存在虚假记载、误导性 陈述或重大遗漏。 《2025年第三季度报告》详见公司于2 ...

二、董事会会议审议情况 经与会董事以记名方式投票表决，审议并通过了如下事项： 1、以9票同意，0票反对，0票弃权的表决结果审议通过了《关于<公司2025 年第三季度报告>的议案》 经审核，董事会认为，公司编制的《2025年第三季度报告》的程序符合法律 法规、中国证监会和深圳证券交易所的相关规定，报告公允地反映了公司的经营 状况和经营成果，报告所披露的信息内容真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏。 《2025年第三季度报告》详见公司于2025年10月31日刊登在指定信息披露媒 体巨潮资讯网的公告。 证券代码：002743 证券简称：富煌钢构 公告编号：2025-057 安徽富煌钢构股份有限公司 第七届董事会第二十次会议决议公告 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 安徽富煌钢构股份有限公司（以下简称"公司"）第七届董事会第二十次会 议于2025年10月30日下午15：30在公司会议室召开。会议通知及议案已于2025 年10月27日以邮件和书面方式发出。本次会议应出席董事9人，实际出席董事9 人。会议由杨俊斌董 ...

Financial Performance - Q3 2025 revenue was CNY 428,436,252.17, a decrease of 48.62% year-over-year[4] - Net profit attributable to shareholders was CNY 10,672,270.69, down 64.50% compared to the same period last year[4] - Basic earnings per share decreased by 71.43% to CNY 0.02[4] - The company reported a net profit of CNY 42,807,005.19 for the period, a decrease of 38.08% due to reduced revenue[10] - Total operating revenue decreased to ¥2,348,293,509.48 from ¥2,920,755,528.06, representing a decline of approximately 19.6% year-over-year[20] - Net profit for the period was ¥42,807,005.19, down from ¥69,134,382.84, reflecting a decrease of approximately 38.2% year-over-year[22] - Earnings per share decreased to ¥0.09 from ¥0.16, indicating a decline of 43.8% year-over-year[22] Assets and Liabilities - Total assets as of September 30, 2025, were CNY 10,008,813,473.49, a decline of 1.89% from the end of the previous year[5] - Total assets decreased to ¥10,008,813,473.49 from ¥10,201,303,699.22, reflecting a reduction of about 1.89%[17] - Total liabilities decreased to ¥6,656,159,570.39 from ¥6,930,421,978.26, a reduction of approximately 3.9%[19] - Long-term borrowings increased by 33.84% to CNY 280,865,630.01, primarily due to the increase in long-term loans[10] - Long-term borrowings increased to ¥280,865,630.01 from ¥209,850,948.91, an increase of approximately 33.8% year-over-year[19] Cash Flow - Net cash flow from operating activities increased by 727.85% to CNY 176,411,754.17 due to higher cash receipts[10] - Cash generated from operating activities was ¥2,291,125,198.77, down from ¥2,709,115,064.27, a decrease of about 15.4% year-over-year[23] - Total cash inflow from operating activities reached ¥3,910,814,509.65, slightly up from ¥3,848,711,294.86, indicating steady operational performance[24] - Cash inflow from investment activities was ¥2,468,455.00, a substantial increase from ¥321,057.00, indicating a focus on asset disposals[24] - Cash outflow for the acquisition of fixed assets and intangible assets rose to ¥13,692,976.50 from ¥5,864,035.54, reflecting increased capital expenditures[24] Equity and Return Metrics - The weighted average return on equity was 0.33%, down 65.63% year-over-year[5] - The total equity attributable to shareholders rose by 2.49% to CNY 3,297,381,529.85[5] - Total equity increased to ¥3,352,653,903.10 from ¥3,270,881,720.96, reflecting an increase of about 2.5%[19] Operational Efficiency - Non-operating income and expenses resulted in a net loss of CNY 445,475.39 for the period[6] - Research and development expenses decreased to ¥65,593,639.33 from ¥74,129,410.35, a decline of about 11.5% year-over-year[21] - Other income decreased to ¥10,526,944.98 from ¥12,887,555.77, reflecting a decrease of approximately 18.3% year-over-year[21] Regulatory and Compliance - The company is under investigation by the China Securities Regulatory Commission for suspected information disclosure violations, with no updates on the case as of now[14] - The company will actively cooperate with the regulatory investigation and related follow-up work[14]

Core Viewpoint - The company, Fuhuang Steel Structure, reported that as of October 20, 2025, the total number of shareholders is 27,298 [2] Summary by Category - **Company Information** - Fuhuang Steel Structure has a total of 27,298 shareholders as of the specified date [2] - **Investor Engagement** - The company responded to investor inquiries on an interactive platform regarding shareholder numbers [2]

Market Overview - The professional engineering sector experienced a decline of 1.61% on October 16, with Huadian Technology leading the drop [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] Stock Performance - Notable gainers in the professional engineering sector included: - China Aluminum International (601068) with a closing price of 5.26, up 1.35% [1] - Southeast Network Framework (002135) at 4.71, up 1.29% [1] - China National Materials International (600970) at 9.42, up 0.96% [1] - Significant decliners included: - Huadian Technology (601226) at 7.44, down 4.25% [2] - Zhongyan Dadi (003001) at 23.62, down 3.83% [2] - Jinggong Steel Structure (600496) at 4.08, down 3.32% [2] Capital Flow - The professional engineering sector saw a net outflow of 541 million yuan from institutional investors, while retail investors contributed a net inflow of 411 million yuan [2][3] - The capital flow for specific stocks indicated: - Roman Co. (605289) had a net inflow of 28.30 million yuan from institutional investors [3] - Jinggong Steel Structure (600496) saw a net inflow of 61.01 million yuan from retail investors [3] - ST Tianlong (300029) had a net inflow of 1.50 million yuan from retail investors [3]

Core Viewpoint - Anhui Fuhuang Steel Structure Co., Ltd. is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure, while the company asserts that its business operations remain normal [2]. Group 1: Investigation and Business Operations - The CSRC has issued a notice of investigation to Fuhuang Steel Structure due to alleged information disclosure violations [2]. - The company has stated that all business activities are currently operating normally and it will cooperate with the CSRC during the investigation [2][6]. - The investigation follows the termination of a planned acquisition of Hefei Zhongke Junda Vision Technology Co., Ltd. (Zhongke Vision) in June 2024 [2][6]. Group 2: Financial Performance - In the first half of the year, Fuhuang Steel Structure reported a revenue decline of 8.01% year-on-year, with a net profit decrease of 19.03% [2][7]. - The company's financial performance has been declining, with revenues of 47.58 billion, 46.35 billion, and 39.37 billion from 2022 to 2024, representing year-on-year declines of 17.08%, 2.58%, and 15.06% respectively [7]. - The net profit for the same period was 0.99 billion, 0.96 billion, and 0.51 billion, with year-on-year declines of 40.24%, 1.48%, and 46.51% respectively [7]. Group 3: Acquisition Plans and Market Reaction - Fuhuang Steel Structure had planned to acquire 100% of Zhongke Vision for 1.14 billion, intending to enhance its profitability and market position [3][4]. - The acquisition was expected to transform the company’s growth trajectory by entering the high-speed vision sector [6]. - Prior to the announcement of the acquisition plan, the company's stock experienced significant price increases, indicating market interest [4]. Group 4: Future Outlook - The company is under pressure to find new growth points amid declining performance and has expressed intentions to align with market demands and promote cost reduction and efficiency [7]. - Fuhuang Steel Structure aims to pursue green transformation and high-quality development as part of its future strategy [7].

Core Insights - Anhui Fuhuang Steel Structure Co., Ltd. has evolved from a local collective enterprise to a leading player in China's steel structure industry, showcasing the resilience and innovation of private manufacturing in China [1][2] Group 1: Company History and Development - The story of Fuhuang Steel Structure began in the early 1990s, during a period of rapid economic growth and infrastructure development in China [2] - Initially, the company faced challenges such as funding shortages, weak technology, and low market recognition, but the founding team was committed to the steel structure business and leveraged market insights to overcome these obstacles [2] - In its early years, the company focused on small-scale projects like steel structure factories and warehouses, gradually accumulating experience and capital while enhancing technical capabilities through collaboration with renowned domestic and international firms [2][3] Group 2: Technological and Market Expansion - In the 21st century, Fuhuang Steel Structure capitalized on the growing demand for steel structure buildings driven by rapid economic development and urbanization [3] - The company increased its investment in research and development, attracting high-end talent and advanced equipment to enhance its technical strength [3] - Fuhuang successfully undertook numerous significant domestic and international steel structure projects, including large sports venues, exhibition centers, and high-rise buildings, establishing a strong market presence [3] Group 3: Diversification and Internationalization - Fuhuang Steel Structure has implemented a diversification strategy, expanding into related industries such as green buildings, prefabricated construction, and building intelligence, thereby enhancing its competitive edge and risk resilience [4] - The company is actively pursuing international expansion in line with China's "going global" strategy, increasing its brand influence through participation in international exhibitions and establishing overseas offices [4] - Fuhuang has formed strategic alliances with local enterprises and introduced advanced international technologies to strengthen its core competitiveness, resulting in its products and services being recognized and praised in various countries and regions [4] Group 4: Future Outlook - Fuhuang Steel Structure's development path reflects a clear trajectory of "industry focus - market expansion - diversified drive - global layout," marking its transformation from a small local enterprise to a major player in the steel structure industry [5] - The company aims to continue its commitment to innovation and growth, aspiring to build a more prosperous future in the steel structure sector [5]