Core Viewpoint - The company has decided to cancel the first grant of stock options under the 2023 Second Phase Stock Option Incentive Plan due to the expiration of the exercise period for certain options that were not exercised by the eligible participants [9][10]. Summary by Sections Stock Option Incentive Plan - The company held a board meeting on October 27, 2025, where it approved the cancellation of the first grant of stock options under the 2023 Second Phase Stock Option Incentive Plan [9]. - A total of 264 eligible participants had options that were not exercised within the first exercise period, leading to the need for cancellation [10]. - The initial grant included 322.8120 million stock options, which has now been reduced to 219.3180 million due to the cancellation [7]. Approval Process - The approval process for the stock option plan included multiple meetings of the board and supervisory committee, with independent directors providing opinions on the plan [2][3][4]. - The plan was publicly announced and no objections were raised during the internal publicity period [2]. Financial Impact - The cancellation of the stock options is not expected to have a significant impact on the company's financial status or operational results [12]. - The management team will continue to fulfill their responsibilities and strive to create value for shareholders [12]. Legal and Compliance - The company has obtained necessary authorizations and approvals for the cancellation, ensuring compliance with relevant laws and regulations [14]. - The cancellation process will be finalized after necessary procedures are completed with the China Securities Depository and Clearing Corporation [11].

财报显示，2025年前三季度，钧达股份实现营业收入约为56.82亿元，同比下降30.72%；对应实现归属 净利润约为-4.19亿元，同比增亏。 北京商报讯（记者 马换换 李佳雪）10月27日晚间，钧达股份（002865）发布2025年三季报显示，公司 前三季度实现归属净利润约为-4.19亿元，同比增亏。 ...

格隆汇10月27日丨钧达股份(02865.HK)公告，根据《中国企业会计准则》及《深圳证券交易所股票上市 规则》等相关规定，为客观、公允地反映公司截至2025年9月30日的资产状况和财务状况，基于谨慎性 原则，公司对各类资产进行了全面清查和减值测试，2025年前三季度计提的各项资产减值准备合计人民 币7101.04万元。 ...

Core Viewpoint - JunDa Co., Ltd. (002865) announced a comprehensive asset impairment testing and preparation for the first three quarters of 2025, reflecting a cautious approach to accurately represent its financial status [1] Group 1 - The company conducted a thorough review and impairment testing of various assets to ensure an objective and fair representation of its financial condition as of September 30, 2025 [1] - A total of RMB 71.01 million was recognized as asset impairment provisions for the first three quarters of 2025 [1]

智通财经APP讯，钧达股份(02865)发布公告，根据《中国企业会计准则》及《深圳证券交易所股票上市 规则》等相关规定，为客观、公允地反映公司截至2025年9月30日的资产状况和财务状况，基于谨慎性 原则，公司对各类资产进行了全面清查和减值测试，2025年前三季度计提的各项资产减值准备合计人民 币7101.04万元。 ...

Core Viewpoint - JunDa Co., Ltd. reported a significant decline in revenue and incurred net losses in the first three quarters of 2025, indicating financial challenges ahead [1] Financial Performance - The company achieved an operating revenue of 5.682 billion yuan in the first three quarters, representing a year-on-year decrease of 30.72% [1] - The net loss attributable to shareholders of the listed company was 419 million yuan [1] - The net loss attributable to shareholders, after deducting non-recurring gains and losses, was 715 million yuan [1]

Group 1 - The core viewpoint of the article highlights that JunDa Co., Ltd. (002865.SZ) reported a significant decline in revenue and incurred losses in the third quarter of 2025 [1] Group 2 - For the first three quarters, the company achieved an operating income of 5.682 billion yuan, representing a year-on-year decrease of 30.72% [1] - The net loss attributable to shareholders of the listed company was 419 million yuan [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 715 million yuan [1]

Group 1 - Jinpan Technology reported a net profit of 486 million yuan for the first three quarters, a year-on-year increase of 20.27%, with total revenue of 5.194 billion yuan, up 8.25% [1] - Saisir announced the maximum price for its H-share issuance at 131.5 HKD per share, with the public offering starting on the same day and expected to end on October 31 [1] - Jinghua Laser plans to invest approximately 200 million yuan in a new project to produce 20,000 tons of UV laser platinum embossed anti-counterfeiting materials [2] Group 2 - Zhenyu Technology intends to invest 2.11 billion yuan in a project for robots and precision structural components, to be developed in three phases from 2025 to 2030 [3] - Qianyuan Power reported a net profit of 493 million yuan for the first three quarters, a year-on-year increase of 85.74%, with total revenue of 2.169 billion yuan, up 47.99% [4] - Haohua Energy's net profit decreased by 50.5% to 554 million yuan, with total revenue of 6.307 billion yuan, down 7.85% [7] Group 3 - Kangtai Biological's net profit fell by 86% to 49.16 million yuan, with total revenue of 2.063 billion yuan, up 2.24% [8] - Huafeng Aluminum reported a net profit of 896 million yuan for the first three quarters, a year-on-year increase of 3.24%, with total revenue of 9.109 billion yuan, up 18.63% [10] - Beiyuan Group's net profit decreased by 10.88% to 214 million yuan, with total revenue of 6.762 billion yuan, down 9.91% [12] Group 4 - Noying Co. reported a net profit of 450 million yuan for the first three quarters, a year-on-year decrease of 22.95%, with total revenue of 31.562 billion yuan, up 2.01% [14] - Chuanhua Zhili's net profit increased by 168.36% to 637 million yuan, despite a revenue decline of 2.74% to 18.84 billion yuan [16] - Jiangsu Sop's net profit decreased by 39.21% to 126 million yuan, with total revenue of 4.661 billion yuan, down 5.74% [18] Group 5 - Yiling Pharmaceutical's net profit increased by 80.33% to 1 billion yuan, with total revenue of 5.868 billion yuan, down 7.82% [20] - Hengwei Technology's net profit decreased by 50.16% to 39.01 million yuan, with total revenue of 739 million yuan, up 16.14% [22] - Gaode Infrared reported a net profit increase of 1058.95% to 582 million yuan, with total revenue of 3.068 billion yuan, up 69.27% [24] Group 6 - Sanxia Water reported a net profit decrease of 8.53% to 351 million yuan, with total revenue of 7.611 billion yuan, down 6.06% [26] - Junda Co. reported a net loss of 419 million yuan for the first three quarters, with total revenue of 5.682 billion yuan, down 30.72% [28] - Shanghai Energy's net profit decreased by 59.22% to 255 million yuan, with total revenue of 5.64 billion yuan, down 22.03% [30] Group 7 - Haizheng Biomaterials reported a net profit decrease of 85.34% to 490,570 yuan, with total revenue of 621 million yuan, down 5.74% [32] - Huisheng Lithium reported a net loss of 103 million yuan, with total revenue of 539 million yuan, up 62.29% [34] - Weicet Technology's net profit increased by 226.41% to 202 million yuan, with total revenue of 1.083 billion yuan, up 46.22% [36] Group 8 - Mengjie Co. reported a net profit increase of 28.69% to 26.52 million yuan, with total revenue of 1.099 billion yuan, down 7.97% [38] - Qingdao Beer terminated its acquisition of 100% equity in Jimo Yellow Wine due to unmet conditions [40] - Sifang Precision plans to issue H-shares and list on the Hong Kong Stock Exchange [42]

Core Viewpoint - The company, Junda Co., Ltd., reported a revenue of 2.018 billion yuan in Q3 2025, marking a year-on-year increase of 10.42%, driven primarily by strong overseas market demand for photovoltaic batteries [1] Group 1: Financial Performance - In the first three quarters of 2025, the company benefited from market capacity clearance, industry self-discipline, and policy guidance, leading to a recovery in industry chain prices and corporate performance [1] - The company's overseas sales proportion surged from 24% in 2024 to 51% in the first three quarters of 2025, reflecting its successful global strategy [1] Group 2: Market Expansion - The company has become a major supplier of photovoltaic batteries in several overseas markets, including India, Turkey, and Europe, due to its leading technology and product quality [2] - A strategic cooperation agreement was signed with a local component customer in Turkey to jointly develop high-efficiency battery projects, addressing regional capacity gaps [2] Group 3: Research and Development - The company is continuously optimizing N-type battery technology, enhancing conversion efficiency and reducing non-silicon costs through various technical improvements [3] - The company has achieved a laboratory efficiency of 32.08% for perovskite tandem batteries, positioning itself at the forefront of the industry [3] Group 4: Future Outlook - The domestic photovoltaic market is expected to maintain steady growth due to ongoing infrastructure improvements and market reforms, while overseas demand remains strong due to capacity shortages [4] - The successful listing on the Hong Kong main board has significantly enhanced the company's financing capabilities, allowing it to leverage diverse capital market opportunities for strategic integration and new business development [4]

Core Insights - The company reported a third-quarter revenue of 2.018 billion yuan, representing a year-on-year increase of 10.42% [1] - The net profit attributable to shareholders for the third quarter was a loss of 155 million yuan, an improvement from a loss of 251 million yuan in the same period last year [1] - For the first three quarters, the company recorded a revenue of 5.682 billion yuan, a year-on-year decline of 30.72% [1] - The net profit attributable to shareholders for the first three quarters was a loss of 419 million yuan, slightly worse than a loss of 417 million yuan in the same period last year [1] - The decline in revenue for the first three quarters was primarily due to a decrease in shipment volume and selling prices [1] - The narrowing of losses in the third quarter was mainly attributed to an increase in gross profit and a reduction in operating expenses [1]