证券代码：002858 证券简称：力盛体育 公告编号：2025-074 力盛云动（上海）体育科技股份有限公司 表决结果：同意 9 票，反对 0 票，弃权 0 票。 《力盛云动（上海）体育科技股份有限公司 2025 年第三季度报告》于同日 在巨潮资讯网（http://www.cninfo.com.cn）及《中国证券报》《上海证券报》《证 券时报》《证券日报》上披露。 第五届董事会第十五次会议决议公告 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、会议召开情况 力盛云动（上海）体育科技股份有限公司（以下简称"公司"）第五届董事 会第十五次会议于 2025 年 10 月 27 日在上海市长宁区福泉北路 518 号 8 座 2 楼 公司会议室以现场结合通讯的方式召开。本次会议由公司董事长夏青先生召集和 主持，会议通知及相关资料已于 2025 年 10 月 17 日以微信等形式送达全体董事。 本次会议应出席董事 9 名，实际出席董事 9 名（其中董事夏子、独立董事顾 鸣杰、张桂森、陈其以通讯方式参会），公司部分高级管理人员列席。本次会议 的召集和召开程序、出席和列 ...

Financial Performance - The company's revenue for Q3 2025 was ¥108,616,862.32, a decrease of 1.07% compared to the same period last year, while year-to-date revenue increased by 14.34% to ¥380,336,936.12[5] - Net profit attributable to shareholders for Q3 2025 reached ¥6,696,217.78, a significant increase of 1,482.24% year-on-year, with year-to-date net profit growing by 56.07% to ¥22,019,268.52[5] - The basic earnings per share for Q3 2025 was ¥0.0418, reflecting an increase of 895.24% compared to the same period last year, while year-to-date earnings per share rose by 43.43% to ¥0.1364[5] - The total operating revenue for the current period reached CNY 380,336,936.12, an increase from CNY 332,622,442.97 in the previous period, representing a growth of approximately 14.3%[22] - The net profit for the current period is CNY 42,734,022.09, an increase from CNY 32,727,758.35 in the previous period, representing a growth of approximately 30.6%[23] - The total profit before tax is CNY 44,580,138.47, an increase from CNY 34,146,841.68 in the previous period, reflecting a growth of approximately 30.5%[23] Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥1,128,113,238.78, representing a growth of 13.58% from the end of the previous year[5] - The company's total liabilities increased to CNY 401,921,589.59 from CNY 318,481,273.93, which is an increase of approximately 26.2%[21] - The company's long-term equity investments rose to CNY 37,989,463.72 from CNY 26,971,265.52, showing an increase of approximately 40.7%[19] Cash Flow - The company reported a cash flow from operating activities net amount of ¥52,956,764.35, which decreased by 46.38% compared to the previous year[9] - The net cash flow from operating activities is CNY 52,956,764.35, down from CNY 98,771,934.37 in the previous period, indicating a decrease of approximately 46.5%[25] - The net cash flow from investing activities is CNY -19,561,904.12, a decrease from CNY 40,400,527.21 in the previous period, indicating a decline of approximately 148.3%[25] - The net cash flow from financing activities is CNY 22,827,399.39, compared to CNY -74,856,642.77 in the previous period, showing a significant improvement[25] Expenses - The company’s research and development expenses for Q3 2025 were ¥5,280,051.92, a decrease of 39.83% year-on-year due to a reduction in R&D personnel[8] - The company’s financial expenses increased by 208.38% to ¥8,828,606.33, primarily due to foreign exchange losses from USD assets held by overseas subsidiaries[9] - The financial expenses for the current period were CNY 8,828,606.33, significantly higher than CNY 2,862,869.07 in the previous period, indicating an increase of approximately 208.5%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,225[11] - The largest shareholder, Xia Qing, holds 12.29% of shares, totaling 20,150,000 shares[11] - Shanghai Saisai Investment Co., Ltd. is the second-largest shareholder with 9.93%, holding 16,277,800 shares, of which 3,100,000 are pledged[11] - The total number of shares held by the top ten unrestricted shareholders includes 16,277,800 shares from Shanghai Saisai Investment Co., Ltd.[12] Business Development and Events - The company is actively promoting the construction of the Hainan International Circuit, which has gained attention from national and local government leaders[16] - The CTCC Electric Racing Cup is set to launch from October 31 to November 2, 2025, marking a significant innovation in electric racing[14] - The company announced a strategic partnership with Langjiu Group for the China Men's Professional Golf Tour, enhancing the event's profile[15] - The company is focusing on expanding its business capabilities in Hainan, leveraging the region's development as a free trade port[16] - The CTCC and CGT events held in September 2025 attracted over 40,000 attendees, boosting media attention and public engagement[14] - The company is committed to promoting the integration of professional and amateur golf through the "China Tour Club Cup" series[15] Inventory and Costs - The company’s inventory increased by 23.53% to ¥47,997,112.79, attributed to increased purchases of goods and accessories corresponding to higher sales[8] - The total operating costs amounted to CNY 345,909,715.32, up from CNY 302,484,660.56, indicating an increase of about 14.3%[22] - The company's inventory increased to CNY 47,997,112.79 from CNY 38,856,022.06, reflecting a growth of about 23.5%[19] Comprehensive Income - The total comprehensive income for the current period is CNY 56,227,949.63, compared to CNY 32,108,603.45 in the previous period, showing an increase of about 75.1%[23] - The other comprehensive income after tax attributable to the parent company is CNY 6,881,903.05, compared to CNY -315,672.50 in the previous period, indicating a significant recovery[23]

Core Points - The sports sector experienced a decline of 2.0% on October 27, with Zhongti Industry leading the drop [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] Company Performance - Lisheng Sports (002858) closed at 15.07, down 1.05%, with a trading volume of 55,800 shares and a transaction value of 83.88 million yuan [1] - Zhongti Industry (600158) closed at 9.21, down 2.23%, with a trading volume of 337,200 shares and a transaction value of 311 million yuan [1] Fund Flow Analysis - The sports sector saw a net outflow of 3.32 million yuan from main funds, while retail investors experienced a net outflow of 19.35 million yuan [1] - Speculative funds recorded a net inflow of 22.67 million yuan [1] Individual Stock Fund Flow - Lisheng Sports had a main fund net inflow of 2.87 million yuan, accounting for 3.42% of its total, with a speculative fund net inflow of 2.10 million yuan [1] - Zhongti Industry faced a main fund net outflow of 6.19 million yuan, representing -1.99% of its total, while speculative funds had a net inflow of 20.57 million yuan [1]

Group 1 - The sports sector experienced a decline of 0.49% on October 24, with Zhongti Industry leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up by 0.71%, while the Shenzhen Component Index closed at 13289.18, up by 2.02% [1] - Key stocks in the sports sector showed mixed performance, with Lisheng Sports closing at 15.23, up by 0.07%, and Zhongti Industry closing at 9.42, down by 0.63% [1] Group 2 - The sports sector saw a net outflow of 25.33 million yuan from institutional investors, while retail investors contributed a net inflow of 23.54 million yuan [2] - Speculative funds recorded a net inflow of 1.79 million yuan into the sports sector [2]

Group 1 - The sports sector experienced a decline of 0.22% on October 23, with Zhongti Industry leading the drop [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] - Key stocks in the sports sector showed mixed performance, with Lisheng Sports closing at 15.22, up 0.59%, and Zhongti Industry closing at 9.48, down 0.42% [1] Group 2 - The sports sector saw a net outflow of 35.07 million yuan from institutional investors and 15.35 million yuan from retail investors, while retail investors had a net inflow of 50.42 million yuan [1] - Lisheng Sports had a net outflow of 5.36 million yuan from institutional investors, with a net inflow of 2.65 million yuan from speculative funds and a net inflow of 2.71 million yuan from retail investors [1] - Zhongti Industry experienced a significant net outflow of 29.71 million yuan from institutional investors, with a net outflow of 18.00 million yuan from speculative funds and a net inflow of 47.71 million yuan from retail investors [1]

Core Viewpoint - The sports sector experienced a slight increase of 0.1% on October 22, with Zhongti Industry leading the gains, while the overall market indices showed a decline [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3913.76, down 0.07% - The Shenzhen Component Index closed at 12996.61, down 0.62% [1] Group 2: Individual Stock Performance - Zhongti Industry (600158) closed at 9.52, with a gain of 0.32% and a trading volume of 296,300 shares, amounting to a transaction value of 283 million yuan - Lisheng Sports (002858) closed at 15.13, with a decline of 0.79% and a trading volume of 45,800 shares, amounting to a transaction value of 69.62 million yuan [1] Group 3: Fund Flow Analysis - The sports sector saw a net outflow of 32.09 million yuan from institutional investors and a net outflow of 12.45 million yuan from speculative funds, while retail investors had a net inflow of 44.54 million yuan - For Lisheng Sports, the net outflow from institutional investors was 5.45 million yuan, with a net outflow of 4.39 million yuan from speculative funds, and a net inflow of 9.85 million yuan from retail investors - For Zhongti Industry, the net outflow from institutional investors was 26.64 million yuan, with a net outflow of 8.06 million yuan from speculative funds, and a net inflow of 34.70 million yuan from retail investors [1]

Core Insights - The sports sector experienced a rise of 0.65% on October 21, with Lisheng Sports 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] Market Performance - Lisheng Sports (002858) closed at 15.25, with an increase of 2.01% and a trading volume of 60,100 shares, resulting in a transaction value of 91.0383 million yuan [1] - Zhongti Industry (600158) closed at 676, with a slight increase of 0.32%, trading 247,900 shares, leading to a transaction value of 2.34 billion yuan [1] Capital Flow - The sports sector saw a net inflow of 17.0684 million yuan from main funds, while retail funds experienced a net outflow of 2.5498 million yuan [1] - For Zhongti Industry, the main funds had a net inflow of 10.2323 million yuan, while retail funds had a net outflow of 465.58 thousand yuan [1] - Lisheng Sports recorded a net inflow of 6.8361 million yuan from main funds, with retail funds showing a net outflow of 210.60 thousand yuan [1]

Core Insights - The sports sector experienced a rise of 2.66% on October 20, with Lisheng Sports leading the gains [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Market Performance - Lisheng Sports (002858) closed at 14.95, with an increase of 2.89% and a trading volume of 46,400 shares, amounting to a transaction value of approximately 68.97 million yuan [1] - Zhongti Industry (600158) closed at 9.46, with a rise of 2.60% and a trading volume of 396,400 shares [1] Capital Flow - The sports sector saw a net inflow of 32.78 million yuan from institutional investors, while retail investors experienced a net outflow of 39.79 million yuan [1] - For Zhongti Industry, the net inflow from institutional investors was 28.39 million yuan, accounting for 7.62% of the total, while retail investors had a net outflow of 41.29 million yuan, representing -11.09% [1] - Lisheng Sports had a net inflow of 4.39 million yuan from institutional investors, with retail investors showing a net inflow of 1.50 million yuan [1]

Group 1 - The sports sector experienced a decline of 0.35% on October 17, with Lisheng Sports leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] - Key stocks in the sports sector showed varied performance, with Zhongti Industry closing at 9.22, down 0.22%, and Lisheng Sports at 14.53, down 0.89% [1] Group 2 - The net inflow of main funds in the sports sector was 4.20 million yuan, while retail funds saw a net inflow of 6.22 million yuan [1] - Lisheng Sports had a net outflow of main funds amounting to 4.06 million yuan, with retail funds showing a net inflow of 5.35 million yuan [1] - Zhongti Industry reported a net inflow of main funds of 8.26 million yuan, while retail funds had a net inflow of 0.87 million yuan [1]

Group 1 - The sports sector experienced a decline of 1.31% on October 16, with Lisheng Sports 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] - Key stocks in the sports sector showed varied performance, with Zhongti Industry closing at 9.24, down 0.96%, and Lisheng Sports at 14.66, down 2.72% [1] Group 2 - The sports sector saw a net outflow of 15.37 million yuan from major funds, while retail investors contributed a net inflow of 14.58 million yuan [1] - Lisheng Sports had a net outflow of 2.0077 million yuan from major funds, with retail investors showing a net inflow of 2.7022 million yuan [1] - Zhongti Industry experienced a significant net outflow of 13.364 million yuan from major funds, while retail investors had a net inflow of 11.8769 million yuan [1]