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]

Core Points - The company, Liancheng Precision, announced the appointment of Mr. Jiang Lei as the Vice General Manager, effective from the date of the board's approval until the end of the current board's term [2]. Group 1 - The third meeting of the company's third board of directors approved the proposal for the appointment of the Vice General Manager [2].

Company Overview - Liancheng Precision (SZ 002921) announced on October 9 that its third board meeting was held in Jining, Shandong, where the agenda included the appointment of a vice general manager [1] - As of the report, Liancheng Precision has a market capitalization of 2.3 billion yuan [1] Financial Performance - For the first half of 2025, Liancheng Precision's revenue composition was 97.15% from industrial operations and 2.85% from other businesses [1]

证券代码：002921 证券简称：联诚精密 公告编号：2025-083 山东联诚精密制造股份有限公司 关于使用部分闲置自有资金进行现金管理的公告 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 10 月 9 日召开第三届董事会第二十六次会议，审议通过了《关于使用部分闲置自有资金 进行现金管理的议案》，同意公司及子公司使用最高额度不超过人民币 3,000 万 元的闲置自有资金进行现金管理，期限不超过 12 个月。在前述额度和期限范围 内，可循环滚动使用，并授权公司管理层根据实际情况行使决策权。具体情况如 下： 2、品种 在保证资金安全的前提下，公司及其子公司拟使用闲置自有资金购买银行、 证券公司等金融机构的中、低风险短期理财产品，以及进行结构性存款、大额存 单、国债逆回购、收益凭证、资管计划等方式的短期现金管理。 一、本次使用部分闲置自有资金进行现金管理的基本情况 1、目的 为提高资金使用效率，在不影响公司正常经营的前提下，公司及子公司拟使 用闲置自有资金进行现金管理，以增加现金管理收益，为公司及 ...

证券代码：002921 证券简称：联诚精密 公告编号：2025-082 山东联诚精密制造股份有限公司 关于副总经理离任及聘任副总经理的公告 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。 根据《公司法》《深圳证券交易所上市公司自律监管指引第 1 号——主板 上市公司规范运作》及《公司章程》等有关规定，经公司总经理提名，公司第 三届董事会提名委员会对其进行审查通过后，公司第三届董事会第二十六次会 议审议通过了《关于聘任副总经理的议案》，同意聘任蒋磊先生（简历附后） 担任公司副总经理，任期自本次董事会审议通过之日起至公司第三届董事会任 期届满之日止。 三、备查文件 一、高级管理人员离任情况 山东联诚精密制造股份有限公司（以下简称"公司"）董事会于近日收到 副总经理何振生先生的书面辞职报告。何振生先生因工作调整申请辞去公司副 总经理职务，何振生先生原定任期至第三届董事会任期届满（即 2025 年 12 月 29 日），辞任后将继续在公司任职。 根据《公司法》《公司章程》等相关规定，何振生先生的辞职报告自送达 董事会之日起生效。 截至本公告披露日，何振生先生未持有公司 ...

证券代码：002921 证券简称：联诚精密 公告编号：2025-081 山东联诚精密制造股份有限公司 第三届董事会第二十六次会议决议公告 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。 一、董事会会议召开情况 山东联诚精密制造股份有限公司（以下简称"公司"）第三届董事会第二 十六次会议于 2025 年 10 月 9 日在山东省济宁市兖州区经济开发区北环城路 6 号公司会议室以现场及通讯相结合方式召开，会议由董事长郭元强先生主持。 通知于 2025 年 9 月 29 日以书面通知方式向全体董事发出，应出席会议董事 7 人，实际出席会议董事 7 人，本次董事会会议的召开符合有关法律、行政法规、 部门规章、规范性文件和《公司章程》的规定。 二、董事会会议审议情况 与会董事对本次会议审议的全部议案进行审核，审议通过了以下议案： 1、关于聘任副总经理的议案 由于何振生先生因工作调整申请辞去公司副总经理职务。根据《公司法》 《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》 及《公司章程》等有关规定，经公司总经理提名，公司第三届董事会提名委员 会对其 ...