证券日报网讯12月8日，九洲集团（300040）在互动平台回答投资者提问时表示，公司2025年业绩预告 将按规定时间披露。公司也很重视市值管理工作，积极与投资者及行业研究员保持有效沟通。 ...

人民财讯12月4日电，近日，九洲集团全资子公司—沈阳昊诚电气成功中标中石油华北油田分公司绿电 项目部环网柜采购项目。 转自：证券时报 ...

Core Viewpoint - Jiuzhou Group's wholly-owned subsidiary Shenyang Haocheng Electric has successfully won the bid for the procurement project of ring network cabinets for the North China Oilfield branch of China National Petroleum Corporation (CNPC) [1] Group 1 - Jiuzhou Group's subsidiary is involved in the green electricity project, indicating a focus on renewable energy solutions [1] - The successful bid highlights the company's competitive position in the energy sector, particularly in the context of China's push for green energy [1]

人民财讯11月28日电，据九洲集团（300040）消息，近日，九洲集团成功中标新疆英吉沙县2×58MW清 洁供热项目配电设备采购。 ...

证券日报网讯九洲集团（300040）11月25日在互动平台回答投资者提问时表示，股东人数会在定期报告 中披露。 ...

Group 1: Company Strategy and Product Development - The company has initiated a strategic direction called "Manufacturing Industry Restart" since 2024, focusing on the R&D of various smart distribution network devices, including modular UPS systems and high-voltage DC power systems [2][3] - The company is developing solid-state transformer (SST) products and has a strong technical background, having exported high-voltage frequency converter technology in 2012 [2][3] - The company has established a new R&D center in Jiangsu to enhance product competitiveness and reduce transportation costs [4] Group 2: Financial Performance - As of Q3 2025, the company reported total revenue of CNY 947 million, a year-on-year decrease of 2.75%, while the net profit attributable to shareholders was CNY 43.12 million, down 41.09% [3][4] - The company achieved a significant increase in non-recurring net profit, which rose by 170.88% to CNY 48.01 million [3] - Operating cash flow improved significantly, exceeding CNY 300 million, a year-on-year increase of 320% [3][4] Group 3: Market and Sales Strategy - The company aims for a 20% increase in orders for its manufacturing sector in 2025, with a detailed sales plan in place [4] - The company is focusing on large clients and has begun establishing an overseas sales team to enhance international sales capabilities [4] - The distribution of smart distribution network equipment orders is approximately 1/3 from the grid and 2/3 from outside the grid, with a gross margin of about 20% and a net margin of around 3% [4] Group 4: Renewable Energy and New Projects - The company has received over CNY 200 million in national subsidies for renewable energy this year, with a faster repayment speed [3][5] - The company is developing a new business model combining decentralized wind power and heating, with over 300 MW of wind power indicators reserved [5][6] - The projected internal rate of return for the decentralized wind power and clean energy heating projects is over 10% [5][6] Group 5: Future Outlook and Goals - The company has set revenue growth targets for 2025: 20% for smart distribution networks, 10% for renewable energy, and 10% for comprehensive smart energy [6] - The company is exploring overseas business opportunities, particularly in Central Asia and ASEAN countries, and has successfully bid for a key energy storage project [6]

Core Viewpoint - Jiuzhou Group (300040) has stated that there is no progress in the transaction with Tailai Wind Power and China Nuclear Huineng, and the company is currently negotiating with new partners [1] Group 1 - Jiuzhou Group is in discussions with new partners regarding potential collaborations [1]

Core Viewpoint - Jiuzhou Group's stock has experienced a decline of 5.58% year-to-date, with a recent drop of 2.02% on November 19, reflecting ongoing challenges in its financial performance and market sentiment [1][2]. Financial Performance - For the period from January to September 2025, Jiuzhou Group reported operating revenue of 947 million yuan, a year-on-year decrease of 2.75%, and a net profit attributable to shareholders of 43.12 million yuan, down 41.09% year-on-year [2]. - The company has cumulatively distributed 337 million yuan in dividends since its A-share listing, with 112 million yuan distributed over the past three years [3]. Stock Market Activity - As of November 19, Jiuzhou Group's stock price was 6.79 yuan per share, with a market capitalization of 4.369 billion yuan. The stock has seen a trading volume of 36.94 million yuan and a turnover rate of 1.04% [1]. - The company has appeared on the "Dragon and Tiger List" three times this year, with the most recent instance on May 9, where it recorded a net purchase of 16.93 million yuan [1]. Shareholder Information - As of September 30, Jiuzhou Group had 45,500 shareholders, a decrease of 13.07% from the previous period, while the average number of circulating shares per shareholder increased by 19.62% to 11,100 shares [2]. Business Overview - Jiuzhou Group, established on August 8, 1997, and listed on January 8, 2010, is based in Harbin, Heilongjiang Province. Its main business includes electrical equipment manufacturing and related power distribution engineering, with revenue sources comprising 63.22% from power generation, 25.59% from electrical and related equipment, 7.24% from heating, and 3.03% from other products [1].

Core Insights - Jiuzhou Group's subsidiary, Jiuzhou Electric Technology Co., Ltd., has successfully won the bid for the power factor reactive compensation device project from China FAW Group's Energy Division [1] Company Summary - Jiuzhou Electric Technology Co., Ltd. is a subsidiary of Jiuzhou Group [1] - The company is involved in projects related to power factor correction and reactive power compensation [1] Industry Summary - The project is part of the broader energy sector, focusing on improving power quality and efficiency [1] - Winning such contracts indicates a competitive position within the energy technology market [1]

Core Viewpoint - The Fourth China International Supply Chain Promotion Expo Sichuan Promotion Conference and Signing Ceremony was held in Chengdu, showcasing the commitment of representative companies to enhance the optimization and resilience of industrial and supply chains in Sichuan and across China [1] Group 1: Event Overview - The event took place on November 11 and included 16 representative companies, such as Wuliangye, Dongfang Electric, and Jiuzhou Group, signing agreements with the China International Exhibition Center Group [1] - The expo serves as a national platform for companies to display innovative achievements and deepen international cooperation [1] Group 2: Industry Impact - The collaboration aims to contribute to the optimization and upgrading of the industrial and supply chains in Sichuan province and nationwide [1] - The initiative emphasizes enhancing the resilience and safety levels of the supply chain, showcasing the strength and wisdom of Sichuan [1]