Group 1 - The core point of the article highlights that Zhongxing Junye (SZ 002772) reported a revenue of approximately 1.475 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 4.16% [1] - The net profit attributable to shareholders of the listed company reached about 204 million yuan, showing a significant year-on-year increase of 130.51% [1] - The basic earnings per share (EPS) was reported at 0.545 yuan, which is an increase of 141.79% compared to the previous year [1] Group 2 - As of the report, Zhongxing Junye has a market capitalization of 4.7 billion yuan [1]

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：002772 证券简称：众兴菌业 公告编号：2025-066 天水众兴菌业科技股份有限公司 第五届董事会第十七次会议决议公告 一、董事会会议召开情况 天水众兴菌业科技股份有限公司（以下简称"公司"）第五届董事会第十七 次会议于 2025 年 10 月 27 日在公司会议室以通讯方式召开。本次会议由公司董 事长高博书先生主持，会议通知已于 2025 年 10 月 22 日以电子邮件方式送达给 全体董事和高级管理人员。本次会议应出席董事 9 人，实际出席董事 9 人。公司 高级管理人员列席了本次会议。 本次会议的召开程序符合《公司法》等法律法规和《公司章程》等的有关规 定。 二、董事会会议审议情况 经与会董事认真审议，本次会议以记名投票表决方式表决通过了《关于审议 <2025 年第三季度报告>的议案》。 表决情况：9 票同意、0 票反对、0 票弃权、0 票回避 表决结果：通过 本议案在董事会审议前，已经公司第五届董事会审计委员会审议通过。 公司全体董事、高级管理人员对《2025 年第三季度报告》签署了书面确 ...

Core Insights - The company reported a third-quarter revenue of 568 million yuan, representing a year-on-year increase of 13.10% [1] - The net profit for the third quarter was 135 million yuan, showing a significant year-on-year growth of 128.70% [1] - For the first three quarters, the total revenue reached 1.475 billion yuan, which is a year-on-year increase of 4.16% [1] - The net profit for the first three quarters was 204 million yuan, reflecting a substantial year-on-year growth of 130.51% [1]

Financial Performance - The company's revenue for Q3 2025 reached ¥567,541,946.40, representing a 13.10% increase year-over-year[5] - Net profit attributable to shareholders was ¥135,328,619.75, a significant increase of 128.70% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥129,596,243.95, up 187.92% year-over-year[5] - Total revenue for the period reached ¥1,475,387,272.68, an increase of 4.8% compared to ¥1,416,478,603.36 in the previous period[24] - Operating profit significantly improved to ¥203,487,370.83, compared to ¥85,679,349.14 in the prior period, marking an increase of 137.5%[24] - The net profit for the current period is approximately ¥203.79 million, compared to ¥87.55 million in the previous period, representing a significant increase[25] - The basic and diluted earnings per share for the current period are both ¥0.5450, up from ¥0.2254 in the previous period, indicating strong earnings growth[25] - The company’s total comprehensive income for the current period is approximately ¥203.79 million, compared to ¥87.55 million in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥6,554,894,972.45, reflecting a 5.88% increase from the end of the previous year[5] - Non-current assets totaled ¥3,603,164,534.52, an increase from ¥3,360,598,436.50, reflecting a growth of approximately 7.2%[22] - Total liabilities rose to ¥3,155,105,541.54 from ¥2,872,170,200.68, indicating an increase of about 9.9%[23] - The company's retained earnings increased to ¥1,049,751,209.81 from ¥957,825,432.49, a rise of approximately 9.6%[23] - The total cash and cash equivalents at the end of the period stand at approximately ¥1.04 billion, down from ¥1.36 billion at the end of the previous period[27] Cash Flow - The company reported a net cash flow from operating activities of ¥293,501,801.90, a decrease of 2.74% year-to-date[5] - Cash flow from operating activities generated a net amount of approximately ¥293.50 million, slightly down from ¥301.78 million in the previous period[26] - Cash inflow from financing activities totaled approximately ¥1.01 billion, while cash outflow was about ¥1.03 billion, resulting in a net cash flow of approximately -¥25.44 million[27] - The company reported a decrease in cash flow from investment activities, with a net cash flow of approximately -¥421.94 million, compared to -¥157.10 million in the previous period[26] Shareholder Information - As of September 30, 2025, Tianshui Zhongxing Fungi Technology Co., Ltd. repurchased 18,498,826 shares, accounting for 4.70% of the total share capital[16] - The top shareholder, Tao Jun, holds 28.01% of the shares, totaling 110,136,094 shares[15] - The second-largest shareholder, Tian De, holds 7.92% of the shares, totaling 31,132,277 shares[15] - The company has no preferred shareholders or significant changes in the top 10 shareholders due to securities lending activities[16] - The company has not disclosed any related party transactions among the top shareholders[15] Corporate Actions - The company completed the registration change procedures on October 15, 2025, and obtained a new business license from the Tianshui Market Supervision Administration[17] - The company approved the 2025 stock option incentive plan on September 25, 2025, and subsequently on October 15, 2025, the plan was authorized for implementation[18] - The company held its third extraordinary general meeting of shareholders on October 15, 2025, to review and approve the stock option incentive plan and related matters[19] - The company’s stock option plan aims to enhance employee motivation and align interests with shareholders[18] Operational Metrics - The weighted average return on net assets was 4.07%, an increase of 2.32 percentage points compared to the same period last year[5] - Financial expenses for the first nine months of 2025 were ¥14,821,357.83, a decrease of 52.63% year-over-year[11] - Investment income for the first nine months of 2025 increased by 443.08% to ¥9,215,161.69 compared to the previous year[11] - The company experienced a 51.59% increase in construction in progress, totaling ¥419,448,847.65, due to new project investments[9] - Short-term borrowings decreased by 54.51% to ¥280,000,000.00, primarily due to the repayment of maturing loans[10] - Total operating costs decreased to ¥1,296,625,652.17 from ¥1,346,770,543.00, reflecting a reduction of approximately 3.7%[24] - Cash and cash equivalents decreased to ¥1,102,483,698.06 from ¥1,191,278,822.28, a decline of about 7.4%[22] - Inventory increased to ¥1,412,131,094.55, up from ¥1,252,358,283.51, representing a growth of approximately 12.8%[22]

Market Overview - The planting industry sector rose by 0.92% on October 27, with Zhongxing Junye 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] Top Gainers in Planting Industry - Zhongxing Junye (002772) closed at 12.01, with a gain of 9.98% and a trading volume of 263,100 shares, totaling a transaction value of 306 million yuan [1] - Nuofushin (002215) closed at 11.77, up 6.71%, with a trading volume of 354,400 shares and a transaction value of 406 million yuan [1] - Hualv Biological (300970) closed at 17.36, increasing by 3.77%, with a trading volume of 142,800 shares and a transaction value of 244 million yuan [1] Other Notable Stocks - Xue Rong Biological (300511) closed at 6.86, up 2.69%, with a trading volume of 125,000 shares and a transaction value of 170 million yuan [1] - Yasheng Group (600108) closed at 3.16, gaining 1.94%, with a trading volume of 573,800 shares and a transaction value of 180 million yuan [1] Market Capital Flow - The planting industry sector experienced a net outflow of 19.53 million yuan from institutional funds, while retail investors saw a net inflow of 58.68 million yuan [2] - The overall net outflow from speculative funds was 39.14 million yuan [2] Individual Stock Fund Flow - Nuofushin (002215) had a net inflow of 63.72 million yuan from institutional funds, while it faced a net outflow of 39.35 million yuan from speculative funds [3] - Zhongxing Junye (002772) saw a net inflow of 39.04 million yuan from institutional funds, with a net outflow of 7.84 million yuan from speculative funds [3] - Yasheng Group (600108) recorded a net inflow of 18.94 million yuan from institutional funds, while speculative funds had a net outflow of 13.46 million yuan [3]

Core Insights - The agriculture sector experienced a slight decline of 0.19% on October 24, with Yasheng Group leading the losses [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Sector Performance - Notable gainers in the agriculture sector included: - Hualu Biological (300970) with a closing price of 16.73, up 7.38% and a trading volume of 182,200 shares, totaling 303 million yuan [1] - Honghui Fruits and Vegetables (603336) closed at 9.66, up 2.33% with a trading volume of 162,400 shares, totaling 157 million yuan [1] - Conversely, Yasheng Group (600108) led the declines, closing at 3.10, down 1.59% with a trading volume of 399,200 shares, totaling 125 million yuan [2] Capital Flow - The agriculture sector saw a net outflow of 26.5 million yuan from institutional investors, while retail investors experienced a net outflow of 10.8 million yuan [2] - Speculative funds recorded a net inflow of 37.3 million yuan into the sector [2] Individual Stock Capital Flow - Notable capital flows included: - Zhongxing Fungi Industry (002772) with a net inflow of 30.3 million yuan from institutional investors, but a net outflow of 36.6 million yuan from retail investors [3] - Shennong Seed Industry (300189) had a net inflow of 17.9 million yuan from institutional investors, but a net outflow of 8.2 million yuan from retail investors [3]

Core Insights - The agriculture sector experienced a decline of 0.98% on October 22, with Shennong Seed Industry leading the drop [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Sector Performance - The agriculture sector's main stocks showed mixed performance, with notable declines in Shennong Seed Industry, which fell by 3.19% to a closing price of 4.55 [2] - Other significant decliners included Hainan Rubber (-2.68%), Qiule Seed Industry (-2.67%), and Honghui Early Vegetables (-2.60%) [2] Trading Volume and Capital Flow - The agriculture sector saw a net outflow of 162 million yuan from main funds, while retail investors contributed a net inflow of 123 million yuan [2] - The trading volume for Shennong Seed Industry was 867,700 shares, with a transaction value of 400 million yuan, indicating significant trading activity despite the price drop [2] Individual Stock Analysis - Notable stocks with significant capital flow included Zhongxing Fungi, which had a main fund net inflow of 26.44 million yuan, while other stocks like Nuo Puxin experienced a net outflow of 4.93 million yuan from main funds [3] - The overall sentiment in the sector appears cautious, with many stocks experiencing negative net inflows from main and speculative funds [3]

Core Insights - The agriculture sector saw a rise of 0.95% on October 21, with Zhongxing Junye leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Sector Performance - Zhongxing Junye (002772) closed at 11.17, with a significant increase of 10.05%, trading volume of 109,200 shares and a transaction value of 119 million [1] - Hualv Biological (300970) rose by 2.59% to 15.45, with a trading volume of 33,300 shares and a transaction value of approximately 50.91 million [1] - Yasheng Group (600108) increased by 1.95% to 3.13, with a trading volume of 509,200 shares and a transaction value of 159 million [1] - Other notable performers include Hainan Rubber (601118) with a 1.63% increase and a transaction value of 300 million [1] Capital Flow - The agriculture sector experienced a net outflow of 127 million from main funds, while retail investors saw a net inflow of 135 million [2] - The main funds showed a negative net flow in several companies, including Zhongxing Junye with a net outflow of 51.96 million [3] - Notable net inflows from retail investors were observed in companies like Hualv Biological, which had a retail net inflow of 374.54 million [3]

Core Points - The Shanghai Composite Index is at 3894.66 points, above the five-day moving average, with an increase of 0.80% [1] - The total trading volume of A-shares today is 801.82 billion [1] - A total of 1401 A-shares have surpassed the five-day moving average, indicating a positive market trend [1] Summary by Category Stock Performance - Zhongyu Technology (证券代码: 920694) has a significant increase of 29.96% with a deviation rate of 22.65% from the five-day moving average [2] - LIGONG Optical (证券代码: 300557) shows a rise of 14.88% and a deviation rate of 11.33% [2] - Guanzhong Ecology (证券代码: 300948) increased by 19.99% with a deviation rate of 11.15% [2] Trading Metrics - The trading turnover rate for Zhongyu Technology is 14.61% [2] - LIGONG Optical has a turnover rate of 5.84% [2] - Guanzhong Ecology's turnover rate stands at 15.96% [2] Moving Average Data - The five-day moving average for Zhongyu Technology is 20.44 yuan, with the latest price at 25.07 yuan [2] - LIGONG Optical's five-day moving average is 26.34 yuan, with the latest price at 29.33 yuan [2] - Guanzhong Ecology has a five-day moving average of 19.82 yuan, with the latest price at 22.03 yuan [2]

Group 1 - The company, Zhongxing Junye, announced that as of the date of the announcement, the total balance of external guarantees provided by its subsidiaries and wholly-owned subsidiaries is 1,152.13 million yuan, which accounts for 34.73% of the company's most recent audited net assets attributable to shareholders for the fiscal year 2024 [2] - There are no overdue external guarantees, nor are there any guarantees involved in litigation or losses due to judgments against the guarantees [2]