证券代码：002925 证券简称：盈趣科技 公告编号：2025-108 厦门盈趣科技股份有限公司 关于回购公司股份的进展公告 2024 年 10 月 19 日，公司披露了《关于调整回购股份价格上限的公告》（公 告编号：2024-082），2024 年中期权益分派方案实施后，公司回购股份价格上限 由 17.00 元/股（含）调整为 16.87 元/股（含）。 2025 年 1 月 24 日，公司披露了《关于取得金融机构股票回购贷款承诺函的 公告》（公告编号：2025-006），经董事会审议，回购资金增加自筹资金。公司 已取得中国银行股份有限公司厦门市分行的贷款承诺函，承诺贷款金额不超过人 民币 11,000 万元，贷款期限 3 年，该贷款专项用于回购公司股票。 2025 年 6 月 26 日，公司披露了《关于调整回购股份价格上限的公告》（公 告编号：2025-066），2024 年年度权益分派方案实施后，公司回购股份价格上限 由 16.87 元/股（含）调整为 16.58 元/股（含）。 2025 年 9 月 8 日，公司召开第五届董事会第二十次会议，审议通过了《关 于调整回购股份价格上限并延长实施期限的议案》 ...

厦门盈趣科技股份有限公司 关于公司控股股东部分股份质押的公告 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。 厦门盈趣科技股份有限公司（以下简称"公司"）近日接到控股股东深圳万 利达电子工业有限公司（以下简称"万利达工业"）通知，获悉万利达工业所持 有本公司的部分股份办理了质押业务，具体事项如下： 一、控股股东股份质押的基本情况 证券代码：002925 证券简称：盈趣科技 公告编号：2025-107 | 股东 | | 是否为控股 股东或第一 | 本次质押 | 占其 所持 | 占总 股本 | 是否 为限 | 是否 为补 | 质押 | 质押 | 质权人 | 质押 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | | 大股东及其 | 数量（股） | 股份 | 比例 | 售股 | 充质 | 起始日 | 到期日 | | 用途 | | | | 一致行动人 | | 比例 | | | 押 | | | | | | 万利达 工业 | 是 | | 10,432,000 ...

Group 1 - The core viewpoint of the article is that Huazhong Securities has given a "Buy" rating to Yingqu Technology (002925.SZ) based on its recent financial performance and strategic initiatives [1] Group 2 - The company reported a revenue of 2.882 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 13.51% [1] - The net profit attributable to shareholders for the same period was 178 million yuan, showing a year-on-year increase of 3.52% [1] - In the third quarter of 2025, the company achieved a revenue of 1.062 billion yuan, which is a 10.2% increase compared to the same quarter last year [1] - The net profit attributable to shareholders for the third quarter was 40 million yuan, reflecting a year-on-year growth of 10.46% [1] Group 3 - The company has seen a reduction in foreign exchange losses and a decrease in financial expense ratio, which positively impacts its financial health [1] - Yingqu Technology plans to issue shares to specific investors to support the expansion of its manufacturing bases in Malaysia and Mexico [1]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company reported a steady growth in performance for Q3 2025, with a year-on-year revenue increase of 13.51% to 28.82 billion yuan and a net profit increase of 3.52% to 1.78 billion yuan for the first three quarters of 2025. In Q3 alone, revenue reached 10.62 billion yuan, up 10.2% year-on-year, and net profit was 0.40 billion yuan, up 10.46% year-on-year [3][4] - The company plans to issue shares to specific investors to fund the expansion of its manufacturing bases in Malaysia and Mexico, as well as projects for health environment product expansion and R&D center upgrades. This move aims to enhance global operational capabilities, optimize product structure, deepen technological layout, and improve capital structure [4] - The company is expected to see continued growth in its electronic cigarette business and is actively exploring new product lines, with projected revenues of 40.68 billion yuan, 48.82 billion yuan, and 55.96 billion yuan for 2025-2027, representing year-on-year growth rates of 13.9%, 20%, and 14.6% respectively [5] Financial Summary - For Q3 2025, the company's gross margin was 25.75%, a decrease of 0.88 percentage points year-on-year, while the net profit margin was 3.78%, an increase of 0.01 percentage points year-on-year. The financial expense ratio decreased due to reduced exchange losses [4] - The company's projected financial indicators for 2025-2027 include revenues of 40.68 billion yuan, 48.82 billion yuan, and 55.96 billion yuan, with net profits of 2.96 billion yuan, 4.36 billion yuan, and 5.37 billion yuan respectively. The earnings per share (EPS) are expected to be 0.38 yuan, 0.56 yuan, and 0.69 yuan, with corresponding price-to-earnings (P/E) ratios of 52, 35.33, and 28.64 [5][8]

Core Insights - The company reported a revenue of 1,061,835,184.56 yuan for the third quarter of 2025, representing a year-on-year growth of 10.20% [2] - The net profit attributable to shareholders of the listed company was 40,118,380.46 yuan, showing a year-on-year increase of 10.46% [2] Financial Performance - Revenue for Q3 2025: 1,061.84 million yuan, up 10.20% year-on-year [2] - Net profit for Q3 2025: 40.12 million yuan, up 10.46% year-on-year [2]

Core Viewpoint - Yingqu Technology (002925.SZ) reported a revenue of 2.882 billion yuan for the first three quarters of 2025, reflecting a year-on-year increase of 13.51% [1] - The net profit attributable to shareholders of the listed company reached 178 million yuan, up 3.52% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 168 million yuan, marking a year-on-year increase of 16.43% [1] - Basic earnings per share stood at 0.24 yuan [1] Financial Performance - Revenue for the first three quarters: 2.882 billion yuan, up 13.51% year-on-year [1] - Net profit attributable to shareholders: 178 million yuan, up 3.52% year-on-year [1] - Net profit after deducting non-recurring gains and losses: 168 million yuan, up 16.43% year-on-year [1] - Basic earnings per share: 0.24 yuan [1]

Core Insights - The company reported a third-quarter revenue of 1.062 billion yuan, representing a year-on-year growth of 10.20% [1] - The net profit attributable to shareholders for the third quarter was 40.1184 million yuan, showing a year-on-year increase of 10.46% [1] - For the first three quarters, the company achieved a total revenue of 2.882 billion yuan, with a year-on-year growth of 13.51% [1] - The net profit attributable to shareholders for the first three quarters was 178 million yuan, reflecting a year-on-year increase of 3.52% [1]

Financial Performance - The company's revenue for Q3 2025 reached ¥1,061,835,184.56, representing a 10.20% increase year-over-year[7] - Net profit attributable to shareholders was ¥40,118,380.46, up 10.46% compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was ¥38,215,258.58, reflecting a 21.70% increase year-over-year[7] - Total operating revenue for the current period reached ¥2,881,767,392.25, an increase of 13.5% compared to ¥2,538,688,695.98 in the previous period[41] - Net profit for the current period was ¥195,812,503.49, representing a growth of 6.6% from ¥184,487,538.71 in the previous period[44] - Earnings per share (EPS) for the current period was ¥0.24, compared to ¥0.23 in the previous period[44] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥7,541,315,278.46, a 9.90% increase from the end of the previous year[7] - The total assets and liabilities amounted to ¥7,541,315,278.46, an increase from ¥6,862,137,633.57 at the beginning of the period[39] - The total liabilities rose to RMB 2,607,231,099.01, up from RMB 1,951,809,745.69, indicating an increase of about 33.5%[37] - The company's inventory increased to RMB 892,550,543.68 from RMB 758,416,377.86, marking a rise of approximately 17.7%[33] - The company's accounts receivable rose to RMB 1,238,358,195.41 from RMB 1,186,392,158.30, an increase of approximately 4.4%[33] Cash Flow - Cash flow from operating activities for the year-to-date was ¥397,138,311.98, showing a 20.11% increase[7] - Cash flow from operating activities generated a net amount of ¥397,138,311.98, an increase from ¥330,655,663.84 in the previous period[45] - The company reported a significant increase in cash received from operating activities, totaling ¥2,766,789,944.24, compared to ¥2,838,768,075.71 in the previous period[45] - Cash outflow from investment activities totaled $745.25 million, a decrease of 18.3% from $912.42 million in the previous period[48] - Net cash flow from investment activities was -$215.12 million, compared to a positive cash flow of $767.98 million in the previous period[48] - Cash inflow from financing activities amounted to $814.75 million, significantly up from $93.59 million in the previous period[48] - Net cash flow from financing activities was $26.61 million, a turnaround from -$595.62 million in the previous period[48] - The net increase in cash and cash equivalents was $195.09 million, down from $497.73 million in the previous period[48] - The ending balance of cash and cash equivalents was $777.80 million, compared to $907.07 million at the end of the previous period[48] Shareholder Information - The total number of common shareholders at the end of the reporting period is 55,329[17] - The largest shareholder, Shenzhen Wanlida Electronics Industry Co., Ltd., holds 49.96% of shares, amounting to 388,438,960 shares, with 225,263,898 shares pledged[17] - The company plans to increase its shareholding through a buyback plan, with a total investment of no less than RMB 100 million and no more than RMB 200 million[20] - The company has repurchased a total of 4,745,640 shares, representing 0.6104% of the total share capital, with a total transaction amount of RMB 63,593,694.20[29] - The company has adjusted its share repurchase price ceiling to RMB 23.00 per share, extending the implementation period for the buyback[28] Corporate Governance and Plans - The company has been re-certified as a high-tech enterprise, allowing it to enjoy a 15% corporate income tax rate for three years starting from 2024[21] - The company has launched a new stock option incentive plan, granting 1,951,015 stock options to 912 participants[22] - The employee stock ownership plan has transferred 12,351,780 shares, representing 1.59% of the total share capital, at a price of RMB 11.30 per share[23] - The company approved a profit distribution plan, distributing cash dividends of RMB 3.00 per 10 shares, totaling RMB 228,877,734.60[24] - The company has revised its governance structure by abolishing the supervisory board, transferring its powers to the audit committee of the board of directors[25] Research and Development - Research and development expenses for the current period were ¥268,181,326.36, slightly up from ¥255,113,503.64 in the previous period[43] Other Financial Metrics - The weighted average return on equity rose to 0.87%, an increase of 0.10% from the previous year[7] - Other comprehensive income after tax for the current period was ¥96,551,431.99, compared to ¥43,126,110.08 in the previous period[44]

Core Insights - The "Second Golden Unicorn Best Investment Advisor Selection" event is currently ongoing, with over 3,000 professional investment advisors participating in simulated trading competitions aimed at enhancing the wealth management industry in China [1]. Group 1: Top Stocks by Purchase Frequency - The top ten stocks purchased by frequency on October 23 are led by Jifeng Co., Ltd. (stock code: sh603997) and include notable companies such as XWANDA (sz300207) and Agricultural Bank of China (sh601288) [1]. Group 2: Top Stocks by Purchase Amount - The top ten stocks by purchase amount on October 23 include Three Gorges New Materials (sh600293) and Guangku Technology (sz300620), with significant investments also seen in companies like Bright Real Estate (sh600708) and Shenghong Technology (sz300476) [2]. Group 3: Event Structure and Data Explanation - The event features a competitive evaluation of investment capabilities across three categories: stock simulation group, on-market ETF simulation group, and public fund simulation configuration group, with specific trading rules regarding holding proportions, maximum drawdown rates, and rebalancing frequency [4]. - The data presented reflects simulated trading activities and is not indicative of actual trading scenarios, serving solely as a reference [4].

Core Viewpoint - Yingqu Technology's stock has shown a year-to-date increase of 26.84%, with recent fluctuations indicating a slight decline over the past five trading days, while maintaining a positive trend over longer periods [1][2]. Company Overview - Yingqu Technology, established on May 24, 2011, and listed on January 15, 2018, is located in Xiamen, Fujian Province. The company specializes in the research and production of smart control components and innovative consumer electronics, providing smart manufacturing solutions for small and medium-sized enterprises [1]. - The company's revenue composition includes: innovative consumer electronics (37.12%), smart control components (27.20%), automotive electronics (16.44%), others (10.41%), health and environmental products (4.68%), and technology research services (4.15%) [1]. Financial Performance - For the first half of 2025, Yingqu Technology achieved an operating income of 1.82 billion yuan, representing a year-on-year growth of 15.54%. The net profit attributable to shareholders was 138 million yuan, with a growth of 1.66% [2]. - Since its A-share listing, Yingqu Technology has distributed a total of 3.812 billion yuan in dividends, with 1.297 billion yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders for Yingqu Technology was 32,700, a slight decrease of 0.22% from the previous period. The average number of circulating shares per person increased by 0.22% to 22,521 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 4.0634 million shares, an increase of 365,100 shares compared to the previous period [3].