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。 山东联诚精密制造股份有限公司（以下简称"公司"） 于2025年4月25日召开了第三届董事会第二十次会 议、第三届监事会第十五次会议，于2025年5月21日召开了2024年度股东大会，审议通过了《关于续聘 2025年度审计机构的议案》，同意续聘和信会计师事务所（特殊普通合伙）（以下简称"和信会计师事 务所"）担任公司2025年度的审计机构。具体内容详见公司于巨潮资讯网（http://www.cninfo.com.cn）披 露的《关于续聘2025年度审计机构的公告》（公告编号：2025-028）。 2025年11月24日，公司收到和信会计师事务所出具的《关于变更签字会计师的告知函》，现将具体情况 公告如下： 一、本次变更签字注册会计师的基本情况 和信会计师事务所原指派李晖先生为公司2025年度审计项目合伙人、王敏敏女士为公司2025年度审计项 目签字会计师，刘方微女士担任公司2025年度审计项目质量控制复核人。由于和信会计师事务所内部工 作调整原因，现改派史志浩先生接替王敏敏女士担任公司2025年度审计项目签字会计师 ...

山东联诚精密制造股份有限公司（以下简称"公司"） 于 2025 年 4 月 25 日召开了第三届董事会第二十次会议、第三届监事会第十五次会议，于 2025 年 5 月 21 日召开了 2024 年度股东大会，审议通过了《关于续聘 2025 年度审计机 构的议案》，同意续聘和信会计师事务所（特殊普通合伙）（以下简称"和信 会计师事务所"）担任公司 2025 年度的审计机构。具体内容详见公司于巨潮资 讯网（http://www.cninfo.com.cn）披露的《关于续聘 2025 年度审计机构的公告》 （公告编号：2025-028）。 2025 年 11 月 24 日，公司收到和信会计师事务所出具的《关于变更签字会 计师的告知函》，现将具体情况公告如下： 一、本次变更签字注册会计师的基本情况 和信会计师事务所原指派李晖先生为公司 2025 年度审计项目合伙人、王敏 敏女士为公司 2025 年度审计项目签字会计师，刘方微女士担任公司 2025 年度 审计项目质量控制复核人。由于和信会计师事务所内部工作调整原因，现改派 史志浩先生接替王敏敏女士担任公司 2025 年度审计项目签字会计师。 二、本次变更的签字注册会计 ...

Group 1 - The core viewpoint of the news is that Liancheng Precision has seen a stock price increase of 5.03%, reaching 17.54 CNY per share, with a trading volume of 170 million CNY and a turnover rate of 7.69%, resulting in a total market capitalization of 2.613 billion CNY [1] - Liancheng Precision, established on May 5, 1998, and listed on December 27, 2017, specializes in the research, design, production, and sales of precision mechanical components [1] - The company's main business revenue composition includes: agricultural machinery/engineering machinery parts 30.44%, passenger vehicle parts 19.91%, commercial vehicle parts 19.76%, compressor parts 17.73%, and other components [1] Group 2 - Among the top circulating shareholders of Liancheng Precision, CITIC Prudential Fund has a fund that entered the top ten circulating shareholders, holding 578,800 shares, which accounts for 0.45% of the circulating shares [2] - The CITIC Prudential Multi-Strategy Mixed Fund (LOF) A has achieved a year-to-date return of 45.7%, ranking 1174 out of 8150 in its category, and a one-year return of 50.24%, ranking 741 out of 8043 [2] Group 3 - The fund manager of CITIC Prudential Multi-Strategy Mixed Fund (LOF) A is Wang Ying, who has been in the position for 8 years and 265 days, with a total fund asset size of 4.904 billion CNY [3] - During Wang Ying's tenure, the best fund return was 53.46%, while the worst return was -8.42% [3]

Core Viewpoint - Liancheng Precision (002921.SZ) reported a decline in institutional ownership in its Q3 2025 report, with a total of 10.72 million shares held by three institutional investors, representing 7.20% of the total share capital, down 2.60 percentage points from the previous quarter [1] Institutional Investors - As of October 27, 2025, three institutional investors disclosed holdings in Liancheng Precision, totaling 10.72 million shares, which is 7.20% of the company's total equity [1] - The institutional investors include Cuili Holdings Limited, Shanghai Yihai Venture Capital Partnership (Limited Partnership), and Industrial and Commercial Bank of China - CITIC Prudential Multi-Strategy Flexible Allocation Mixed Securities Investment Fund (LOF) [1] - The overall institutional holding percentage decreased by 2.60 percentage points compared to the previous quarter [1] Public Funds - One new public fund disclosed its holdings this quarter, namely CITIC Prudential Multi-Strategy Mixed (LOF) A [1] - Seven public funds that were previously disclosed did not report this quarter, including Hongde Yuxiang One-Year Holding Period Mixed A, Nuoan Balanced Preferred One-Year Holding Mixed A, Dongfang Quantitative Growth Flexible Allocation Mixed A, Hongde Huixiang Mixed A, and Hongde Ruixiang One-Year Holding Period Mixed A [1] Foreign Investment Attitude - This quarter, two foreign institutions that were previously disclosed did not report their holdings, including J.P. Morgan Securities PLC - Proprietary Funds and Citigroup Global Markets Limited [1]

Core Viewpoint - The company reported a mixed financial performance for the third quarter, with an increase in revenue but a decline in net profit after excluding non-recurring items, indicating challenges in market demand and operational costs [4][5]. Financial Performance Summary - The company achieved operating revenue of 856.21 million yuan, a year-on-year increase of 5.53% [4]. - The net profit attributable to shareholders was -11.48 million yuan, reflecting a year-on-year increase of 53.05% [4]. - The net profit after deducting non-recurring gains and losses was -27.08 million yuan, showing a year-on-year decrease of 7.08% [5]. - The net cash flow from operating activities was 68.19 million yuan, down 44.80% year-on-year [5]. Reasons for Performance Changes - The increase in net profit attributable to shareholders was primarily due to changes in the fair value of investment projects and investment income [5]. - The decline in net profit after excluding non-recurring items was mainly influenced by decreased revenue and profit from the U.S. operations due to lower market demand, as well as challenges in expanding operations in Vietnam [5]. - The decrease in net cash flow from operating activities was attributed to reduced export tax rebates, increased VAT payments, and higher accounts receivable due to changes in customer payment terms [5]. Company Strategy and Outlook - The company is actively responding to external market changes by optimizing internal management and implementing cost-reduction initiatives [5]. - Efforts are being made to develop new products and clients, enhancing core competitiveness and maintaining stable operational development [5].

Core Viewpoint - Liancheng Precision (002921.SZ) reported a revenue of 856 million yuan for the first three quarters of 2025, reflecting a year-on-year growth of 5.53%. However, the company experienced a net loss attributable to shareholders of 11.48 million yuan, with a net loss of 27.08 million yuan after excluding non-recurring gains and losses [1]. Financial Performance - The company achieved an operating income of 856 million yuan in the first three quarters [1] - Year-on-year revenue growth was recorded at 5.53% [1] - The net loss attributable to shareholders was 11.48 million yuan [1] - The net loss after deducting non-recurring gains and losses was 27.08 million yuan [1]

Group 1 - The core point of the article is that Liancheng Precision (SZ 002921) reported its Q3 performance, showing a revenue increase but a net loss for the period [1] - For the first three quarters of 2025, the company's revenue was approximately 856 million yuan, representing a year-on-year increase of 5.53% [1] - The net profit attributable to shareholders was a loss of approximately 11.48 million yuan, with basic earnings per share reflecting a loss of 0.0882 yuan [1] - As of the report date, Liancheng Precision had a market capitalization of 2.4 billion yuan [1]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥306,393,318.46, an increase of 11.22% year-on-year[4] - Net profit attributable to shareholders was ¥545,630.03, a significant increase of 109.65% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥9,661,548.46, a decrease of 22.76% year-on-year[4] - Basic and diluted earnings per share were both ¥0.0040, reflecting a substantial increase of 1,262.50% year-on-year[4] - Total operating revenue for the current period reached ¥856,213,996.86, an increase of 5.4% compared to ¥811,367,826.19 in the previous period[22] - The net profit for the current period was a loss of ¥11,078,777.43, an improvement from a loss of ¥24,723,718.30 in the previous period[23] - Total comprehensive income amounted to -13,394,518.36 yuan, a decrease from -25,810,337.28 yuan in the previous period[24] - Basic and diluted earnings per share were both -0.0882, compared to -0.1980 in the previous period[24] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was ¥68,185,653.84, down 44.80% compared to the previous year[4] - Cash received from investment recoveries surged by 3504.26% to $262.16 million, primarily from maturing transferable large-denomination certificates[13] - Cash received from investment income increased by 1832.23% to $24.65 million, driven by interest from transferable large-denomination certificates and fund dividends[13] - Cash paid for fixed asset investments decreased by 37.87% to $24.06 million, reflecting reduced capital expenditures[14] - Cash paid for investments rose by 440.28% to $207.95 million, due to reinvestment of recovered large-denomination certificates[14] - Cash inflow from investment activities was 299,774,535.12 yuan, significantly higher than 13,380,649.42 yuan in the previous period[26] - The company reported a net increase in cash and cash equivalents of 49,364,017.89 yuan, up from 19,509,145.75 yuan in the previous period[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,345,325,042.71, a decrease of 1.17% from the end of the previous year[4] - Current liabilities increased to ¥799,769,328.99, compared to ¥783,272,326.33, marking a rise of 2.0%[20] - The company's total assets decreased to ¥2,345,325,042.71 from ¥2,373,017,579.57, a decline of 1.2%[20] - The total equity attributable to shareholders rose to ¥1,323,581,632.18 from ¥1,078,861,975.32, an increase of 22.7%[20] - The company’s long-term borrowings decreased to ¥109,770,785.70 from ¥136,164,571.43, a reduction of 19.4%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,656, with the largest shareholder holding 17.88%[15] - The company’s repurchase account held 4,858,900 shares, accounting for 3.26% of total shares, not included in the top ten shareholders[16] Operational Strategies - The company is actively developing new products and clients, enhancing its core competitiveness amid external market changes[9] - The company has implemented cost reduction and efficiency improvement measures, including the "one increase, two decreases, and one optimization" strategy[9] Financial Expenses - Financial expenses decreased by 32.73% to $23.11 million due to reduced financing scale and lower interest rates[12] - Interest expenses fell by 32.36% to $25.59 million, attributed to decreased financing scale and lower interest rates[12] - Fair value changes resulted in a gain of $10.88 million, a 400.64% increase compared to a loss of $3.62 million in the previous year[12] Research and Development - Research and development expenses for the current period were ¥24,311,835.76, up from ¥20,418,199.88, indicating a growth of 19.0%[23] Inventory and Cash Management - The inventory balance increased to ¥339,574,572.28 from ¥321,331,290.57, reflecting a growth of 5.7%[19] - The company reported a significant increase in cash and cash equivalents, with monetary funds at ¥197,910,068.70, down slightly from ¥198,966,050.81[19] Audit Status - The third quarter financial report was not audited[27]

Core Viewpoint - Liancheng Precision has shown significant stock performance with a year-to-date increase of 47.81%, indicating strong market interest and potential growth opportunities in the precision machinery sector [2]. Group 1: Stock Performance - As of October 24, Liancheng Precision's stock price rose by 2.08% to 16.17 CNY per share, with a total market capitalization of 2.409 billion CNY [1]. - The stock has experienced a 9.63% increase over the past five trading days and a 1.06% increase over the past 20 days [2]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent instance on March 14, where it recorded a net buy of -6.3554 million CNY [2]. Group 2: Financial Performance - For the first half of 2025, Liancheng Precision reported a revenue of 550 million CNY, reflecting a year-on-year growth of 2.60%, while the net profit attributable to shareholders was -12.03 million CNY, showing a 36.03% increase in losses compared to the previous period [3]. - The company has distributed a total of 191 million CNY in dividends since its A-share listing, with 56.7598 million CNY distributed over the last three years [4]. Group 3: Business Overview - Liancheng Precision, established on May 5, 1998, specializes in the research, design, production, and sales of precision mechanical components, with its main revenue sources being agricultural machinery and engineering parts (30.44%), passenger vehicle parts (19.91%), and commercial vehicle parts (19.76%) [2]. - The company is categorized under the automotive industry, specifically in the automotive parts sector, and is associated with various concepts including micro-cap stocks, small-cap stocks, rural revitalization, agricultural machinery, and robotics [2]. Group 4: Shareholder Information - As of June 30, the number of shareholders for Liancheng Precision reached 23,200, an increase of 32.57% from the previous period, while the average number of circulating shares per person decreased by 24.51% to 5,091 shares [3].

Core Viewpoint - The company has established a business relationship with Lush Robot Co., Ltd, indicating a focus on expanding new customers and business opportunities, as well as developing new products [1] Group 1 - The company is committed to the development of new customers and new business [1] - The company will disclose any significant matters affecting its operating performance in accordance with relevant laws and regulations [1]