Core Points - The company Huapengfei announced on November 6 that its controlling shareholder and actual controller, Mr. Zhang Jingyu, has completed the stock pledge release process at Shenzhen High-tech Investment Guarantee Co., Ltd. [2] - The number of shares released from pledge includes 17,100,000 shares and 5,700,000 shares [2]

华鹏飞股份有限公司 关于公司控股股东、实际控制人部分股票解除质押的公告 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。 华鹏飞股份有限公司（以下简称"公司"）于2025年11月6日接到公司控股 股东、实际控制人张京豫先生的通知，获悉张京豫先生已将其持有的公司部分股 份于2025年11月5日办理了股票解除质押手续，并向中国证券登记结算有限责任 公司深圳分公司办理了解除质押登记，具体事项如下： 一、股东股份解除质押的基本情况 | 股东 名称 | 是否为控股 股东或第一 大股东及其 | 本次解除质 押数量（股） | 占其所持 股份比例 | 占公司 总股本 | | 质押起始 日 | | | 解除质押 日期 | | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 一致行动人 | | | 比例 | | | | | | | | | 张京豫 | 是 | 17,100,000 | 19.35% | 3.04% | 2024 | 年 10 | 月 日 18 | ...

Market Overview - The logistics sector increased by 0.36% on November 6, with ST Xuefa leading the gains [1] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] Top Gainers in Logistics Sector - ST Xuefa (002485) closed at 4.94, up 5.11% with a trading volume of 89,700 shares and a turnover of 44.11 million yuan [1] - *ST Yuanshang (603813) closed at 31.15, up 4.95% with a trading volume of 9,205 shares and a turnover of 27.98 million yuan [1] - Jiayou International (603871) closed at 14.54, up 3.64% with a trading volume of 128,200 shares and a turnover of 186 million yuan [1] Top Losers in Logistics Sector - Xiamen Xiangyu (600057) closed at 8.39, down 3.12% with a trading volume of 489,700 shares and a turnover of 409 million yuan [2] - Huami Duhai (920351) closed at 26.55, down 2.82% with a trading volume of 23,000 shares and a turnover of 6.14 million yuan [2] - Changjiang Investment (600119) closed at 8.74, down 2.78% with a trading volume of 75,400 shares and a turnover of 6.60 million yuan [2] Capital Flow in Logistics Sector - The logistics sector experienced a net outflow of 94.34 million yuan from institutional investors, while retail investors saw a net inflow of 65.24 million yuan [2] - The main stocks with significant net inflows included SF Holding (002352) with 64.23 million yuan and Shanghai Yashi (603329) with 23.05 million yuan [3] Detailed Capital Flow Analysis - SF Holding (002352) had a main net inflow of 64.23 million yuan, but retail and speculative investors saw net outflows of 33.92 million yuan and 30.31 million yuan respectively [3] - Shanghai Yashi (603329) had a main net inflow of 23.05 million yuan, with retail investors experiencing a net outflow of 19.25 million yuan [3] - New Ning Logistics (300013) recorded a main net inflow of 18.31 million yuan, while retail investors had a net outflow of 12.91 million yuan [3]

Core Viewpoint - Huapengfei (300350.SZ) reported a revenue of 307 million yuan for the first three quarters of 2025, reflecting a year-on-year growth of 20.36% [1] Financial Performance - The net profit attributable to shareholders of the listed company was 5.0381 million yuan, a year-on-year decrease of 77.62% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 4.9167 million yuan, showing a year-on-year increase of 128.78% [1] - Basic earnings per share were 0.009 yuan [1]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥119,374,918, representing a 24.83% increase compared to the same period last year[5]. - The net profit attributable to shareholders increased by 409.60% to ¥2,962,472.50 in Q3 2025, while the year-to-date net profit decreased by 77.62% to ¥5,038,124.12[5]. - The company's basic earnings per share for Q3 2025 was ¥0.0053, up 411.76% year-on-year, while the diluted earnings per share also stood at ¥0.0053[5]. - The company reported a 20.36% increase in year-to-date operating revenue, totaling ¥307,426,305.50, driven by growth in logistics business[9]. - Total operating revenue for the current period reached ¥307,426,305.50, an increase of 20.4% compared to ¥255,423,227.25 in the previous period[21]. - Operating profit for the current period was ¥5,481,548.68, a significant improvement from a loss of ¥17,482,785.25 in the previous period[21]. - Net profit for the current period was ¥4,747,032.28, compared to ¥22,564,735.53 in the same period last year, indicating a decrease of 79.0%[22]. Cash Flow and Liquidity - The cash flow from operating activities showed a significant negative net amount of -¥114,100,576.86, a decrease of 4828.89% year-on-year[9]. - Operating cash flow for the current period was -114,100,576.86 CNY, a significant decline compared to -2,314,933.77 CNY in the previous period[23]. - Cash and cash equivalents at the end of the period stood at 65,396,804.10 CNY, down from 187,074,344.55 CNY at the end of the previous period[24]. - The company received 83,948,908.05 CNY in borrowings, a significant increase from 30,000,000.00 CNY in the prior period[24]. - Cash outflow for purchasing goods and services increased to 306,181,977.69 CNY from 245,322,268.19 CNY year-over-year[23]. - The company reported a net cash outflow from investment activities of -8,822,240.96 CNY, contrasting with a net inflow of 167,080,262.99 CNY in the previous period[23]. Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥1,355,339,443.51, reflecting a 21.39% increase from the end of the previous year[5]. - The total assets increased to ¥1,355,339,443.51, up from ¥1,116,548,258.85, reflecting a growth of 21.4%[19]. - Total liabilities rose to ¥437,539,987.50, compared to ¥203,495,834.12 in the previous period, marking an increase of 115.0%[19]. - The equity attributable to shareholders of the parent company was ¥923,908,719.63, slightly up from ¥918,870,595.51[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 39,152[10]. - The largest shareholder, Zhang Jingyu, holds 15.72% of shares, totaling 88,364,325 shares, with 66,273,244 shares pledged[10]. - The second-largest shareholder, Zhang Qian, holds 3.86% of shares, totaling 21,704,016 shares[10]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder's stake being over 15%[10]. - The company has not reported any changes in the number of shareholders participating in margin financing and securities lending[10]. Investments and Acquisitions - The company completed the acquisition of 30% equity in Xinjiang Huayuan Hong International Freight Forwarding Co., Ltd., increasing its ownership to 100%[13]. - The company agreed to transfer 38.31% equity in Liaoning Hongtu Chuangzhan Surveying and Mapping Co., Ltd. for RMB 150.0494 million, with the first payment of RMB 60.0198 million received[14]. - The company’s investment income surged by 2983.54% to ¥25,968,969.87, attributed to increased returns from its equity stake in a subsidiary[9]. - The company reported investment income of ¥25,968,969.87, a significant increase from ¥842,180.14 in the previous period[21]. Financial Management - The company’s financial expenses increased by 56.72% to ¥2,124,722.69 due to higher interest expenses from bank loans[9]. - The company has a commitment to maintain a 75% lock-up on shares held by executives annually[12]. - The company’s cash management involved various financial products, with a total amount of 3959 million RMB in fixed income securities maturing on July 17, 2025, yielding an interest rate of 2.50%[15]. Asset Management - The total current assets increased to 800,829,476.37 RMB from 597,926,330.00 RMB, reflecting a significant growth in liquidity[17]. - Accounts receivable rose to 466,379,196.07 RMB, up from 328,180,794.38 RMB, indicating improved sales performance and collection efficiency[17]. - The company reported a total of 90,136,474.08 RMB in trading financial assets, an increase from 80,295,616.45 RMB, showcasing enhanced investment strategies[17]. - Long-term equity investments increased to 194,682,275.00 RMB from 170,250,644.42 RMB, indicating a strategic focus on long-term growth[17]. - The company has a total of 12,957,045.02 RMB in other receivables, up from 6,890,249.74 RMB, suggesting better management of receivables[17]. - The company’s fixed assets grew to 197,950,770.40 RMB from 185,063,470.32 RMB, reflecting ongoing investments in infrastructure[17]. - The company has a total of 10,295,959.39 RMB in other current assets, which increased from 2,635,170.95 RMB, indicating improved asset management[17]. - The company has a total of 64,750,787.97 RMB in receivables financing, significantly up from 13,369,029.13 RMB, indicating a strategic move to enhance liquidity[17].

Group 1 - The company, Huapengfei (300350), is closely monitoring market dynamics and policy directions [1] - The company will fulfill its information disclosure obligations in accordance with the law if there are any significant matters [1] - Investors are encouraged to pay attention to the company's announcements for updates [1]

Market Overview - On October 23, the logistics sector rose by 0.28% compared to the previous trading day, with Changjiang Investment leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Stock Performance - Changjiang Investment (600119) closed at 9.63, with a gain of 7.12% and a trading volume of 402,400 shares, amounting to a transaction value of 391 million [1] - Other notable performers included Eastern Airlines Logistics (601156) with a 2.55% increase, and Wuchan Zhongda (600704) with a 2.35% increase [1] Fund Flow Analysis - The logistics sector experienced a net outflow of 20.51 million from institutional investors, while retail investors saw a net inflow of 116 million [2] - Major stocks like Changjiang Investment and Wuchan Zhongda had significant net inflows from retail investors, despite overall outflows from institutional and speculative funds [3] Individual Stock Insights - Changjiang Investment had a net inflow of 83.66 million from institutional investors, but a net outflow of 39.65 million from speculative funds [3] - Wuchan Zhongda also saw a net inflow of 70.94 million from institutional investors, with a net outflow of 25.73 million from speculative funds [3]

Core Viewpoint - The announcement from Huapengfei indicates that the controlling shareholder, Mr. Zhang Jingyu, has pledged a portion of his shares in the company, which may have implications for shareholder confidence and stock performance [1] Summary by Relevant Sections - **Share Pledge Details** - Mr. Zhang Jingyu pledged 22,800,000 shares of Huapengfei on October 16, 2025 [1]

本次质押股份不存在负担重大资产重组等业绩补偿义务。 2、股东股份累计质押情况 证券代码：300350 证券简称：华鹏飞 公告编码：（2025）091号 华鹏飞股份有限公司 关于公司控股股东、实际控制人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。 华鹏飞股份有限公司（以下简称"公司"）于2025年10月17日接到公司控 股股东张京豫先生的通知，获悉张京豫先生将其持有的公司部分股份于2025年 10月16日办理了质押手续。现将有关情况公告如下： 一、股东股份质押的基本情况 | 1、本次股份质押的基本情况 | | --- | | | 是否为控 股股东或 | | 占其所 | 占公司 | 是否为 限售股 | 是否 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东名 | 第一大股 | 本次质押数 | 持股份 | 总股本 | （如是， | 为补 | 质押起始日 | | 质押到 | 质权人 | 质押 | | 称 | | 量（ ...

Core Viewpoint - The logistics sector experienced a decline of 1.6% on October 17, with major stocks like Huaguang Yuanhai leading the drop, while the Shanghai Composite Index fell by 1.95% and the Shenzhen Component Index decreased by 3.04% [1][2]. Group 1: Market Performance - The logistics sector's stocks showed mixed performance, with YD Holdings rising by 10.03% to close at 9.76, while Huami Yuanhai fell by 5.74% to 26.58 [1][2]. - The trading volume for YD Holdings was 542,900 shares, with a transaction value of 525 million yuan, indicating strong investor interest [1]. - The overall market saw significant declines, with the Shanghai Composite Index closing at 3839.76 and the Shenzhen Component Index at 12688.94 [1]. Group 2: Capital Flow - The logistics sector experienced a net outflow of 658 million yuan from institutional investors, while retail investors saw a net inflow of 471 million yuan [2][3]. - Notable stocks like Xiamen Guomao and Jianda Co. had varying net inflows and outflows, with Xiamen Guomao seeing a net inflow of 15.31 million yuan from institutional investors [3]. - The overall capital flow indicates a shift in investor sentiment, with retail investors showing more confidence compared to institutional investors [2][3].