Core Insights - The decoration and renovation sector experienced a slight decline of 0.23% on October 27, with Haosai 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] Stock Performance - Notable gainers included: - Decai Co., Ltd. (605287) with a closing price of 29.79, up 9.00% and a trading volume of 79,300 shares, totaling 230 million yuan [1] - ST Baoying (002047) closed at 2.53, up 4.98% with a trading volume of 20,300 shares [1] - ST Dongyi (002713) closed at 10.35, up 4.97% with a trading volume of 218,900 shares [1] - Major decliners included: - Haosai (002963) closed at 16.70, down 10.02% with a trading volume of 93,700 shares, totaling 158 million yuan [2] - Quanzhu Co., Ltd. (603030) closed at 3.47, down 5.19% with a trading volume of 1,734,700 shares, totaling 612 million yuan [2] Capital Flow - The decoration and renovation sector saw a net outflow of 170 million yuan from institutional investors, while retail investors contributed a net inflow of 47.04 million yuan [2] - The capital flow for specific stocks showed: - ST Keli Da (603828) had a net inflow of 9.28 million yuan from institutional investors [3] - Haosai (002963) experienced a net inflow of 28.36 million yuan from retail investors [3]

Core Insights - Haosai (002963.SZ) reported its Q3 2025 results, revealing a total of 10.30 million shares held by institutional investors, accounting for 6.85% of the company's total share capital [1] - The institutional holding percentage decreased by 2.20 percentage points compared to the previous quarter [1] - A total of 22 public funds were disclosed this period, including notable funds such as Nuon Multi-Strategy Mixed A and Guotai Junan Quantitative Multi-Factor A [1] - One new foreign institutional investor, J.P. Morgan Securities PLC - proprietary funds, was disclosed this quarter [1]

Core Insights - The company reported a significant increase in revenue and net profit for the third quarter of 2025, indicating strong financial performance [1] Financial Performance - The company achieved operating revenue of 106,938,733.75 yuan in the third quarter of 2025, representing a year-on-year growth of 31.34% [1] - The net profit attributable to shareholders of the listed company was 7,401,097.33 yuan, showing a remarkable year-on-year increase of 599.72% [1]

Group 1 - The core point of the article highlights that Haosai (SZ 002963) held its 18th meeting of the third board session on October 24, 2025, to review the proposal for the third quarter report of 2025 [1] - For the first half of 2025, Haosai's revenue composition was entirely from lighting engineering, accounting for 100.0% [1] - As of the report date, Haosai's market capitalization was 2.8 billion yuan [1] Group 2 - A notable event reported is a well-known brand's acquisition of 2,000 shares for 170 million yuan, despite the target company's registered capital being only 10,000 Hong Kong dollars and it not yet being operational [1] - The Shanghai Stock Exchange expressed confusion regarding the necessity of this acquisition given the significant premium of nearly 100,000 times [1]

Core Insights - Haosai (002963.SZ) reported a significant decline in revenue for the first three quarters of 2025, with total revenue reaching 265 million yuan, representing a year-on-year decrease of 29.79% [1] - The company experienced a net loss attributable to shareholders of 26.31 million yuan [1] - The net loss attributable to shareholders, after excluding non-recurring gains and losses, amounted to 31.63 million yuan [1]

Core Points - The company, Haosai Technology Group Co., Ltd., reported a revenue of 265 million yuan for the first three quarters of 2025, a year-on-year decline of 29.79% [1] - The net profit attributable to shareholders was a loss of 26 million yuan [1] - In the third quarter, the company achieved a revenue of 107 million yuan, a year-on-year increase of 31.34% [1] - The net profit attributable to shareholders in the third quarter was 7.4 million yuan, marking a turnaround from losses [1] - The revenue decline in the first three quarters was primarily due to adjustments in investment rhythms in the infrastructure and real estate sectors, leading to a temporary fluctuation in demand in the lighting engineering industry and a reduction in large project orders [1] - Since September 24, the company's stock price has increased by nearly 50%, with a total market capitalization of 2.79 billion yuan as of October 24 [1]

Core Insights - Haosai (002963) reported a significant increase in revenue and net profit for Q3 2025, indicating strong financial performance [1] Financial Performance - The company achieved an operating income of 107 million yuan in Q3 2025, representing a year-on-year growth of 31.34% [1] - The net profit for the same period was 7.4011 million yuan, showing a remarkable year-on-year increase of 599.72% [1]

Core Insights - The company reported a significant decline in revenue and net profit for the first three quarters of 2025, indicating financial challenges ahead [1] Financial Performance - The company achieved an operating revenue of 265 million yuan, representing a year-on-year decrease of 29.79% [1] - The net profit attributable to shareholders was -26 million yuan, reflecting a staggering year-on-year decline of 523.96% [1] - Basic earnings per share were -0.18 yuan, which is a decrease of 550.00% compared to the previous year [1]

证券代码：002963 证券简称：豪尔赛 公告编号：2025-043 豪尔赛科技集团股份有限公司 第三届董事会第十八次会议决议公告 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 公 司 《 2025 年 第 三 季 度 报 告 》 详 见 《 证 券 时 报 》 和 巨 潮 资 讯 网 （www.cninfo.com.cn）。 本议案已经公司第三届董事会审计委员会 2025 年第五次会议审议通过。 表决结果：9 票同意、0 票反对、0 票弃权，该项议案获得通过。 三、备查文件 （一）第三届董事会第十八次会议决议； （二）第三届董事会审计委员会 2025 年第五次会议决议。 特此公告。 豪尔赛科技集团股份有限公司 豪尔赛科技集团股份有限公司（以下简称"公司"）第三届董事会第十八次 会议于 2025 年 10 月 14 日以书面和电子邮件的方式发出会议通知，会议于 2025 年 10 月 24 日在公司会议室以现场结合通讯方式召开。本次会议应出席董事 9 人，实际出席董事 9 人。会议由公司董事长戴聪棋先生主持，公司高级管理人员 列席了本 ...

Financial Performance - The company's revenue for Q3 2025 reached ¥106,938,733.75, representing a 31.34% increase compared to the same period last year[7] - Net profit attributable to shareholders was ¥7,401,097.33, a significant increase of 599.72% year-on-year[7] - The total operating revenue for the current period was CNY 265,003,467.69, down from CNY 377,439,174.71 in the previous period, representing a decrease of approximately 29.8%[23] - Total revenue from sales of goods and services amounted to ¥337,005,391.05, up from ¥244,540,411.48 year-over-year, showing a growth of approximately 37.7%[25] - The company reported a net loss of ¥26,438,277.08, compared to a net profit of ¥6,037,039.82 in the previous period, indicating a significant decline in profitability[24] - Operating profit was recorded at ¥-39,273,238.47, a decrease from ¥10,712,792.55 in the prior period, reflecting operational challenges[24] - The total comprehensive income attributable to the parent company was ¥-26,313,847.51, compared to ¥6,206,637.42 in the previous period, reflecting a substantial decrease[24] Cash Flow and Investments - The net cash flow from operating activities was ¥15,808,659.55, showing a 135.31% improvement compared to the previous year[12] - Cash flow from operating activities generated a net inflow of ¥15,808,659.55, a recovery from a net outflow of ¥-44,772,266.81 in the previous period[25] - Investment activities resulted in a net cash outflow of ¥-308,361,595.67, worsening from a net outflow of ¥-101,553,949.51 in the previous period[26] - The company received cash from investment activities totaling ¥576,655,642.33, down from ¥784,209,927.87 in the previous period, indicating reduced investment returns[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,729,354,812.31, a decrease of 5.15% from the end of the previous year[7] - The total assets as of September 30, 2025, amounted to CNY 1,729,354,812.31, a decrease from CNY 1,823,293,167.56 at the beginning of the period[21] - The total liabilities decreased from CNY 473,529,493.14 to CNY 436,101,400.97, reflecting a reduction of approximately 7.0%[21] - The total owner's equity decreased from CNY 1,349,763,674.42 to CNY 1,293,253,411.34, indicating a decline of about 4.2%[22] - The company’s total liabilities increased, impacting its financial stability and future investment capacity[27] Earnings and Expenses - The company reported a basic earnings per share of ¥0.05, up 600.00% from the same period last year[7] - The company's research and development expenses amounted to ¥19,349,406.12, a decrease of 8.22% year-on-year[12] - The company's research and development expenses for the current period were CNY 19,349,406.12, down from CNY 21,081,681.86 in the previous period, a decrease of approximately 8.2%[23] - The company experienced a 29.79% decline in revenue for the first three quarters of 2025 compared to the same period in 2024, primarily due to fluctuations in demand in the lighting engineering sector[12] - The company’s financial expenses decreased by 27.67% to ¥811,949.85 compared to the previous year[12] - The company reported a significant increase in non-recurring gains and losses, totaling ¥8,808,690.25 for the current period[9] Cash and Receivables - Cash and cash equivalents at the end of the period were CNY 47,621,899.15, down from CNY 367,829,795.49 at the beginning of the period, a decrease of about 87.0%[19] - Accounts receivable decreased from CNY 381,373,699.37 to CNY 299,270,150.11, a reduction of approximately 21.5%[20] - The company's contract assets increased from CNY 432,225,725.01 to CNY 447,408,849.89, an increase of about 3.6%[20] - The cash and cash equivalents at the end of the period stood at ¥22,853,575.68, a decrease from ¥17,369,188.20 in the previous period[26]