宝利国际公告，第三季度营收为5.47亿元，同比增长2.61%；净利润亏损324.63万元，下降15.17%。前 三季度营收为10.67亿元，同比下降36.42%；净利润亏损1012.87万元，下降245.22%。 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥547,229,653.08, an increase of 2.61% compared to the same period last year[4] - The net profit attributable to shareholders was -¥3,246,327.91, a decrease of 15.17% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥12,998,644.09, a decline of 138.96% compared to the previous year[4] - The basic earnings per share for the period was -¥0.0035, down 12.90% year-on-year[4] - Total operating revenue for the current period is ¥1,066,579,470.72, a decrease of 36.4% compared to ¥1,677,567,963.47 in the previous period[17] - Net profit for the current period is a loss of ¥11,618,862.43, compared to a profit of ¥3,701,110.40 in the previous period, representing a significant decline[18] - The total comprehensive income for the current period is a loss of ¥11,623,241.58, compared to a profit of ¥3,449,583.38 in the previous period[18] - Basic and diluted earnings per share for the current period are both -¥0.0111, compared to ¥0.0076 in the previous period[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,606,607,938.51, a decrease of 6.31% from the end of the previous year[5] - The equity attributable to shareholders decreased by 2.01% to ¥945,319,963.76 compared to the end of the previous year[5] - The company's total liabilities were CNY 687,398,694.14, down from CNY 774,802,225.96, representing a reduction of approximately 11.3%[15] - The company's total equity attributable to shareholders decreased to CNY 945,319,963.76 from CNY 964,668,813.30, a decline of about 2.0%[16] - The company's non-current assets totaled CNY 355,335,044.63, down from CNY 804,678,089.54, indicating a significant decrease of about 56.1%[15] Cash Flow - The net cash flow from operating activities was -¥184,969,546.06, a significant decrease of 234.00% year-on-year[4] - The net cash flow from operating activities is negative at ¥184,969,546.06, compared to a positive cash flow of ¥138,033,164.50 in the previous period[19] - Cash and cash equivalents at the end of the period amount to ¥145,151,673.73, down from ¥324,428,932.78 at the end of the previous period[20] - The company's cash and cash equivalents decreased to CNY 150,898,752.73 from CNY 207,115,183.80, reflecting a decline of about 27.1%[14] Inventory and Receivables - The company's inventory increased significantly to CNY 248,167,037.88 from CNY 149,240,963.52, marking a rise of approximately 66.3%[14] - The company's accounts receivable rose to CNY 286,625,895.84 from CNY 263,065,643.58, an increase of about 9.0%[14] Costs and Expenses - Total operating costs for the current period are ¥1,109,421,369.98, down 35.3% from ¥1,713,180,232.70 in the previous period[17] - The company reported a decrease in research and development expenses to ¥6,706,844.19, down 48.9% from ¥13,140,147.61 in the previous period[17] Non-Recurring Items - Non-recurring gains and losses for the period totaled ¥9,752,316.18, down from ¥40,273,576.18 in the previous year[6] - The company has not identified any non-recurring gains and losses as regular gains and losses[7] - The company experienced a significant increase in asset disposal gains to ¥37,432,757.35, compared to ¥22,127,264.99 in the previous period[18] Other Information - The third quarter financial report of Jiangsu Baoli International Investment Co., Ltd. has not been audited[21] - The new accounting standards will be implemented starting from 2025, affecting the financial statements from the beginning of that year[21] - The board of directors announced the financial report on October 21, 2025[21]

Core Insights - The refining and trading sector experienced a rise of 1.78% on October 20, with Baoli International leading the gains [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Sector Performance - Baoli International (300135) closed at 4.35, up 3.33% with a trading volume of 202,200 shares and a turnover of 87.25 million yuan [1] - Bohai Chemical (600800) closed at 4.00, up 2.83% with a trading volume of 194,300 shares and a turnover of 76.71 million yuan [1] - China Petroleum (601857) closed at 8.62, up 2.50% with a trading volume of 2,088,200 shares and a turnover of 1.78 billion yuan [1] - Other notable performers include Maohua Shihua (000637) and ST Shenhua (000698), with increases of 2.38% and 2.30% respectively [1] Capital Flow - The refining and trading sector saw a net inflow of 355 million yuan from main funds, while retail funds experienced a net outflow of 81.87 million yuan [2] - Major stocks like China Petroleum and Guanghui Energy attracted significant net inflows, with China Petroleum receiving 262 million yuan [3] - Retail investors showed a negative trend, with notable outflows from several stocks including China Petroleum and Guanghui Energy [3]

Market Overview - The Shanghai Composite Index closed at 3839.76 points, with a decline of 1.95% [1] - The total trading volume of A-shares reached 1,954.408 billion yuan [1] Technical Analysis - A total of 207 A-shares experienced a "death cross" where the 5-day moving average fell below the 10-day moving average [1] - Notable stocks with significant distance between their 5-day and 10-day moving averages include: - Dashengda: -1.36% - Guanghetong: -1.33% - Songyang Resources: -1.32% [1] Individual Stock Performance - Dashengda (603687) saw a decline of 6.44% with a trading turnover of 3.58% and a latest price of 8.42 yuan, which is 9.17% below the 10-day moving average [1] - Guanghetong (300638) decreased by 5.86%, with a turnover of 5.63% and a latest price of 28.25 yuan, 8.55% below the 10-day moving average [1] - Songyang Resources (603863) dropped 10.02%, with a turnover of 8.88% and a latest price of 19.31 yuan, 14.01% below the 10-day moving average [1] Additional Notable Stocks - Other stocks with significant declines include: - Chuan Dong (603767): -9.94%, latest price 24.36 yuan, 10.84% below the 10-day moving average [1] - Lianhong (003022): -4.45%, latest price 19.56 yuan, 7.05% below the 10-day moving average [1] - Qide New Materials (300995): -6.19%, latest price 44.11 yuan, 8.55% below the 10-day moving average [1]

Group 1 - On October 13, a total of 9 companies were investigated by institutions, with 6 companies being surveyed by funds, indicating a strong interest in these firms [1] - LiuGong was the most popular among the surveyed companies, with 15 funds participating in its investigation, while QingNiao Fire and KeLu Electronics attracted 4 and 2 funds respectively [1] - Among the surveyed companies, 4 were from the Shenzhen Main Board and 2 from the ChiNext Board, highlighting the diversity in market segments [1] Group 2 - The total market capitalization of the surveyed A-share companies included 2 firms with a market value of less than 10 billion yuan, specifically Anli Co. and Baoli International [2] - In terms of market performance over the past 5 days, 3 stocks among the surveyed companies saw an increase, with KeLu Electronics leading at a rise of 7.49%, followed by LiuGong at 1.97% and Baoli International at 0.46% [2] - Conversely, 2 stocks experienced declines, with QingNiao Fire and Anli Co. showing decreases of 1.88% and 1.30% respectively [2]

Core Viewpoint - Baoli International's stock price has shown a positive trend, with a year-to-date increase of 13.67% and a recent uptick in trading activity, indicating potential investor interest and market confidence [2]. Group 1: Stock Performance - As of October 14, Baoli International's stock rose by 2.05%, reaching 4.49 CNY per share, with a trading volume of 50.7 million CNY and a turnover rate of 1.23%, resulting in a total market capitalization of 4.138 billion CNY [1]. - The stock has increased by 2.28% over the last five trading days, 6.90% over the last 20 days, and 10.86% over the last 60 days [2]. Group 2: Financial Performance - For the first half of 2025, Baoli International reported a revenue of 519 million CNY, reflecting a year-on-year decrease of 54.61%, while the net profit attributable to shareholders was -6.88 million CNY, a decline of 170.28% [2]. - Cumulative cash dividends since the A-share listing amount to 233 million CNY, with 9.216 million CNY distributed over the past three years [3]. Group 3: Company Overview - Baoli International, established on November 7, 2002, and listed on October 26, 2010, is located in Shanghai and specializes in the production and sale of various asphalt products, including modified asphalt and emulsified asphalt [2]. - The company's main revenue sources are petroleum asphalt (64.94%), refined oil (33.62%), and other products (1.45%) [2]. - Baoli International operates within the petrochemical industry, specifically in the refining and trade sector, and is associated with concepts such as Sino-Russian trade, new urbanization, and the Belt and Road Initiative [2].

Group 1: Company Overview - Jiangsu Baoli International Investment Co., Ltd. has completed the acquisition of 2.6354% equity in Hongtai Technology as of September 29, 2025 [3] - The company operates primarily in the "asphalt + general aviation" sectors, with a significant focus on opportunities arising from national infrastructure projects [5] Group 2: Competitive Advantages and Business Strategy - Hongtai Technology specializes in semiconductor testing and sorting systems, emphasizing R&D to overcome international product monopolies [4] - The company plans to invest in the downstream chip-related industry chain of Hongtai Technology to foster business synergies [6] Group 3: Financial Health and Future Plans - The company has approximately 200 million yuan in cash, which is deemed sufficient to support its main business, transformation, and R&D needs [7] - Following the acquisition of Hongtai Technology shares, the company will continue to monitor industry developments and adhere to disclosure regulations for any future plans [7] Group 4: Risk Management - The company emphasizes compliance with regulations during investor communications and warns against potential risks such as information leakage [8]

Group 1 - The core viewpoint of the article highlights the decline in China's gasoline production, with a reported production of 12.16 million tons in April 2025, representing a year-on-year decrease of 8.6% [1] - Cumulative gasoline production from January to April 2025 reached 51.18 million tons, showing a cumulative decline of 6.1% compared to the previous year [1] Group 2 - The article references companies involved in the industry, including Baoli International (300135), Hengji Daxin (002492), and Sinopec (600028) [1] - The data is sourced from the National Bureau of Statistics and compiled by Zhiyan Consulting, which specializes in industry research and market analysis [2]

证券代码：300135 证券简称：宝利国际 公告编号：2025-079 江苏宝利国际投资股份有限公司 关于持股 5%以上股东减持期限届满暨实施情况的公告 公司持股 5%以上股东周德洪先生保证向本公司提供的信息内容真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 江苏宝利国际投资股份有限公司（以下简称公司）于 2025 年 6 月 16 日在巨 潮资讯网（www.cninfo.com.cn）披露了《关于持股 5%以上股东股份减持计划的 预披露公告》（公告编号：2025-051）。本次减持计划实施前，公司股东周德洪 先生持有公司股份 118,008,128 股，占公司总股本的 12.8047%（占公司剔除回购 专用证券账户中的股份数量后总股本的 12.8886%）。其计划自减持计划公告披 露之日起 15 个交易日后的九十个自然日内（即 2025 年 7 月 7 日至 2025 年 10 月 4 日，窗口期不减持）通过集中竞价和大宗交易方式合计减持公司股份不超过 27,468,000 股，占公司剔除回购专用证券账户中的股份数量后总股本的 ...

证券代码：300135 证券简称：宝利国际 公告编号：2025-078 江苏宝利国际投资股份有限公司 关于对外投资的进展公告 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、对外投资概述 江苏宝利国际投资股份有限公司（以下简称公司）于 2025 年 9 月 19 日召开 第六届董事会第二十六次会议，审议通过《关于拟对外投资的议案》，同意公司 在不超过最近一期经审计净资产 5%金额范围内，以自有或自筹资金投资南京宏 泰半导体科技股份有限公司（以下简称宏泰科技）1%-3%股权。具体内容详见公 司于 2025 年 9 月 19 日在巨潮资讯网披露的《第六届董事会第二十六次会议决议 公告》（公告编号：2025-074）。 二、对外投资的进展状况 近日，公司已与交易各方完成《股份转让协议》签署，且公司已根据协议约 定完成了全部款项支付。截至本公告披露日，公司已持有宏泰科技 2.6354%股权。 三、存在的风险和对公司的影响 本次对外投资资金来源于公司自有或自筹资金，对公司当期和未来的财务及 经营状况不会产生重大不利影响，不存在损害公司股东利益的情形，本次投资有 助于 ...