Group 1 - The company, Century Real (SZ 300150), announced that its ninth board meeting will be held on October 23, 2025, to review the Q3 2025 report and other documents [1] - For the first half of 2025, the company's revenue composition is as follows: 64.77% from the railway industry, 34.84% from urban rail transit, and 0.39% from other industries [1] - As of the report date, the market capitalization of Century Real is 3.4 billion yuan [1]

Group 1 - The core point of the article is that Century Real (300150.SZ) reported a decline in both revenue and net profit for the third quarter of 2025, indicating financial challenges for the company [1] Group 2 - The company's operating revenue for the third quarter was 155 million yuan, representing a year-on-year decrease of 4.63% [1] - The net profit attributable to shareholders of the listed company was 110,200 yuan, showing a significant year-on-year decline of 99.30% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -751,600 yuan, indicating a loss for the period [1]

Core Viewpoint - The company reported a decline in revenue and net profit for the third quarter, while showing growth in both revenue and net profit for the first three quarters of the year [1] Financial Performance - Third quarter revenue was 155 million, a decrease of 4.63% [1] - Third quarter net profit was 110,200, a significant decline of 99.30% [1] - Year-to-date revenue for the first three quarters was 511 million, an increase of 5.21% [1] - Year-to-date net profit for the first three quarters was 41.64 million, reflecting a growth of 27.23% [1]

证券代码：300150 证券简称：世纪瑞尔 公告编号：2025-034 北京世纪瑞尔技术股份有限公司 第九届董事会第四次会议决议公告 本公司及董事会全体成员保证公告内容真实、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 北京世纪瑞尔技术股份有限公司（以下简称"公司"）第九届董事会第四次会 议通知于 2025 年 10 月 10 日以电子邮件或电话等方式送达全体董事和高级管理 人员，本次会议由董事长朱江滨先生召集并主持，于 2025 年 10 月 23 日 10:00 在公司会议室以现场及通讯方式召开。本次会议应到董事 9 人，亲自出席会议董 事 9 人，公司高级管理人员列席了会议。本次会议的召开符合《公司法》《公司 章程》以及相关法律、法规的规定。 二、董事会会议审议情况 本次会议审议通过了以下议案： （一）审议通过《2025 年第三季度报告》 《2025 年第三季度报告》详见公司在中国证监会指定的创业板信息披露网 站上发布的公告。 表决结果：有效表决票数 9 票；同意 9 票，反对 0 票，弃权 0 票。 三、备查文件 1、公司第九届董事会第四次会议决议； 2、公司董事会审计委 ...

Financial Performance - The company's revenue for Q3 2025 was ¥154,813,889.15, representing a decrease of 4.63% compared to the same period last year[4] - The net profit attributable to shareholders was ¥110,182.69, a significant decline of 99.30% year-on-year[4] - The net profit after deducting non-recurring gains and losses was -¥751,552.52, down 104.90% compared to the previous year[4] - Total operating revenue for the current period reached ¥510,957,961.59, an increase of 5.6% compared to ¥485,670,025.45 in the previous period[20] - Net profit for the current period was ¥40,051,497.72, representing a 29.5% increase from ¥30,956,881.02 in the previous period[21] - Earnings per share (EPS) for the current period was ¥0.0712, compared to ¥0.0559 in the previous period, indicating a growth of 27.5%[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,009,077,246.75, a decrease of 1.16% from the end of the previous year[4] - The total assets decreased slightly to ¥2,009,077,246.75 from ¥2,032,735,389.15, a decline of 1.2%[19] - Total liabilities decreased to ¥432,180,007.41 from ¥494,973,759.32, a reduction of 12.6%[19] - The company’s long-term equity investments decreased from ¥72,257,154.71 to ¥70,919,668.93, a decline of approximately 1.85%[17] - The company’s fixed assets increased from ¥38,643,044.87 to ¥41,332,119.12, an increase of about 6.9%[17] Cash Flow - The net cash flow from operating activities was -¥25,521,380.34, a decline of 158.24% compared to the previous year[10] - Cash generated from operating activities was ¥533,127,550.69, down from ¥622,036,756.55, a decrease of 14.3%[22] - The net cash flow from operating activities was -$25.52 million, a decrease from $43.82 million in the previous period[23] - Total cash inflow from operating activities was $555.74 million, while cash outflow was $581.26 million, resulting in a net cash outflow[23] - Cash inflow from investment activities totaled $93.13 million, with cash outflow amounting to $219.84 million, leading to a net cash outflow of $126.70 million[23] - Cash inflow from financing activities was $54.90 million, with cash outflow of $46.52 million, resulting in a net cash inflow of $8.38 million[23] - The ending balance of cash and cash equivalents was $169.45 million, down from $203.11 million in the previous period[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 29,811[12] - The largest shareholder, Niu Junjie, holds 15.37% of shares, totaling 89,949,488 shares[12] - The company plans to reduce shares held by Shandong Railway Development Fund by up to 17,553,181 shares, representing 3% of total share capital[14] - The total number of restricted shares at the end of the period is 124,882,821, with no new restrictions added during the reporting period[13] Expenses and Costs - Total operating costs amounted to ¥478,531,253.05, up from ¥461,172,017.07, reflecting a growth of 3.9%[20] - Research and development expenses were ¥54,462,576.48, down from ¥60,056,987.24, a decrease of 9.1%[20] - The company reported a significant increase in other income, which rose to ¥2,931,970.76 from ¥1,183,468.09, an increase of 147.0%[20] - The company reported a significant increase in cash paid for goods and services, totaling $289.36 million compared to $355.54 million previously[23] - Cash paid to employees increased to $144.23 million from $122.62 million, indicating a rise in labor costs[23] Accounting and Auditing - The financial report for the third quarter was not audited[25] - The company will implement new accounting standards starting in 2025[24] Other Financial Metrics - The weighted average return on equity was 0.01%, down 1.02% year-on-year[4] - Financial expenses decreased by 65.65% to ¥632,201.74 due to increased interest income[8] - The company experienced a 1024.59% increase in fair value changes, amounting to ¥2,171,842.50, attributed to the increase in trading financial assets[8] - The company reported a decrease in cash and cash equivalents from ¥315,698,488.15 to ¥205,320,900.33, a decline of approximately 35%[17] - The total current assets decreased slightly from ¥1,703,309,998.15 to ¥1,698,172,650.73, a reduction of about 0.3%[17] - The company’s inventory remained relatively stable, increasing slightly from ¥279,410,749.81 to ¥279,705,990.49[17] - The company’s goodwill remained unchanged at ¥127,353,153.28 throughout the reporting period[17]

Core Insights - The IT services sector experienced a rise of 1.29% on October 15, with ST Diwei Xun leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] IT Services Sector Performance - ST Diwei Xun saw a significant increase of 20.00%, closing at 6.18, with a trading volume of 192,100 shares and a transaction value of 110 million [1] - Rongmu Software increased by 9.95%, closing at 8.07, with a trading volume of 810,200 shares and a transaction value of 629 million [1] - Other notable performers included Shiji Ruier (+5.80%), Wantong Technology (+5.25%), and Guozi Software (+5.14%) [1] Market Capital Flow - The IT services sector saw a net outflow of 6.2785 million from institutional investors, while retail investors contributed a net inflow of 603 million [2][3] - The overall market showed a mixed trend with some stocks experiencing significant outflows from both institutional and speculative funds [2][3] Individual Stock Fund Flow - Rongmu Software had a net inflow of 191 million from institutional investors, while it faced a net outflow of 83.5 million from speculative funds [3] - Donghua Software and Capital Online also saw positive net inflows from institutional investors, indicating strong interest in these stocks [3] - Conversely, stocks like Road and Bridge Information and Jingsong Intelligent faced notable declines in both institutional and speculative fund flows [2][3]

北京海润天睿律师事务所 关于北京世纪瑞尔技术股份有限公司 2025 年第一次临时股东会的法律意见书 中国·北京 北京市朝阳区建外大街甲 14 号广播大厦 5 层&9 层&10 层&13 层&17 层 电话（Tel）：86-10-65219696 传真（Fax）：86-10-88381869 第 1 页 共 10 页 北京海润天睿律师事务所 关于北京世纪瑞尔技术股份有限公司 2025 年第一次临时股东会的法律意见书 致：北京世纪瑞尔技术股份有限公司 北京海润天睿律师事务所（以下简称"本所"）接受北京世纪瑞尔技术股份 有限公司（以下简称"公司"）的委托，指派张圣怀律师、王佩琳律师出席公司 2025 年第一次临时股东会，并依据《中华人民共和国公司法》（以下简称"《公 司法》"）、《上市公司股东会规则》（以下简称"《股东会规则》"）等相关 法律、法规、规范性文件及《北京世纪瑞尔技术股份有限公司公司章程》（以下 简称"《公司章程》"）的规定，就公司本次股东会的召集、召开程序、出席会 议人员的资格、召集人资格、表决程序、表决结果等有关事宜出具本法律意见书。 对本法律意见书的出具，本所律师特作如下声明： 1．本所律师仅就本 ...

证券代码：300150 证券简称：世纪瑞尔 公告编号：2025-033 北京世纪瑞尔技术股份有限公司 （一）会议召开情况 1、现场会议召开时间：2025 年 9 月 16 日 14:00 2、网络投票时间：2025 年 9 月 16 日 通过深圳证券交易所交易系统进行网络投票的时间为 2025 年 9 月 16 日 9:15～9:25，9:30～11:30，13:00～15:00；通过深圳证券交易所互联网系统 （http://wltp.cninfo.com.cn）进行网络投票的时间为2025年9月16日9:15～15:00。 3、现场会议召开地点：北京市海淀区上地信息路 22 号上地科技综合楼 B 座九层公司会议室。 2025 年第一次临时股东会决议公告 本公司及董事会全体成员保证公告内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 1、本次股东会无否决提案的情况； 2、本次股东会未涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 4、会议的召开方式：本次股东会采用现场表决与网络投票相结合的方式召 开。 5、召集人：北京世纪瑞尔技术股份有限公司（以下简称"公司"）董事会。 6、 ...

Core Viewpoint - Century Real (300150) reported a strong performance in its 2025 mid-year financial results, with significant increases in revenue and net profit compared to the previous year, despite a slight decline in quarterly revenue [1]. Financial Performance Summary - Total revenue for the first half of 2025 reached 356 million yuan, a year-on-year increase of 10.15% [1]. - Net profit attributable to shareholders was 41.53 million yuan, up 143.49% year-on-year [1]. - The second quarter saw total revenue of 233 million yuan, a decrease of 1.94% year-on-year, while net profit for the quarter was 40.32 million yuan, an increase of 33.88% [1]. - The gross profit margin was 41.05%, down 1.21% year-on-year, while the net profit margin increased to 11.41%, up 140.91% [1]. - Total operating expenses (selling, administrative, and financial) amounted to 73.09 million yuan, accounting for 20.52% of revenue, a decrease of 18.92% year-on-year [1]. - Earnings per share rose to 0.07 yuan, an increase of 133.33% year-on-year [1]. Balance Sheet Highlights - Cash and cash equivalents increased to 336 million yuan, a rise of 16.97% year-on-year [1]. - Accounts receivable stood at 841 million yuan, a slight increase of 1.60% year-on-year, with accounts receivable to net profit ratio at an alarming 2460.72% [1][9]. - Interest-bearing debt rose to 68.24 million yuan, an increase of 42.04% year-on-year [1]. Cash Flow Analysis - Net cash flow from operating activities showed a significant decline of 121.64%, attributed to reduced cash receipts from sales [2]. - Cash flow from financing activities increased by 239.99%, driven by higher borrowings [3]. - The net increase in cash and cash equivalents decreased by 92.09%, reflecting reduced cash inflows from operating activities [4]. Other Financial Metrics - The company reported a decrease in financial expenses by 97.3%, due to increased interest income [2]. - The return on invested capital (ROIC) was reported at 1.96%, indicating weak capital returns historically [8]. - The company has experienced three years of losses since its IPO, highlighting a fragile business model [8].

Group 1 - The company did not distribute cash dividends, issue bonus shares, or increase capital from reserves during the reporting period [2] - There were no changes in the controlling shareholder or actual controller during the reporting period [3] - The company's operating conditions did not experience significant changes during the reporting period [3] Group 2 - All directors attended the board meeting that reviewed the report [1] - The company does not require retrospective adjustments or restatements of previous accounting data [2] - There are no preferred shareholders or related information during the reporting period [3]