Group 1 - The core point of the article is that Lixing Co., Ltd. announced the completion of a share reduction plan by its shareholders, resulting in a total reduction of 1.9 million shares, which accounts for 0.65% of the company's total shares [1] - The revenue composition for Lixing Co., Ltd. for the year 2024 is reported to be 97.58% from the bearing manufacturing industry and 2.42% from other business revenues [1] - As of the report, Lixing Co., Ltd. has a market capitalization of 4.5 billion yuan [1]

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。 证券代码：300421 证券简称：力星股份 公告编号：2025-026 江苏力星通用钢球股份有限公司 江苏力星通用钢球股份有限公司（以下简称"公司"）于2025年5月23日披 露了《关于董事、高级管理人员减持股份预披露的公告》（公告编号：2025-018）， 公司董事、副总经理王嵘先生计划在2025年6月17日至2025年9月16日期间通过集 中竞价交易方式减持公司股份不超过850,000股，占公司总股本比例0.29%；总经 理助理、董事会秘书陈芳女士计划在2025年6月17日至2025年9月16日期间通过集 中竞价交易方式减持公司股份不超过400,000股，占公司总股本比例0.14%；总经 理助理苏银建先生计划在2025年6月17日至2025年9月16日期间通过集中竞价交 易方式减持公司股份不超过650,000股，占公司总股本比例0.22%。 近日，公司收到股东王嵘先生、陈芳女士、苏银建先生出具的《股东股份减 持计划实施情况告知函》，王嵘先生、陈芳女士、苏银建先生前述减持计划已实 施完毕。现将有关事项公告如下： ...

（文章来源：证券日报） 证券日报网讯力星股份9月3日在互动平台回答投资者提问时表示，截至2025年8月29日，公司股东人数 为27699户。 ...

证券日报网讯力星股份8月27日在互动平台回答投资者提问时表示，截至2025年8月20日，公司股东人数 为28，911户。 （文章来源：证券日报） ...

Group 1 - The core viewpoint of the articles highlights the financial performance and market activity of Lixing Co., Ltd. (力星股份), indicating a positive trend in stock price and revenue growth [1][3] - As of August 22, 2025, Lixing Co., Ltd. reported a stock price of 17.0 yuan, an increase of 2.84%, with a trading volume of 262,900 hands and a transaction amount of 443 million yuan [1] - The company experienced a net inflow of main funds amounting to 31.29 million yuan, representing 7.07% of the total transaction amount, with significant contributions from large orders [1] Group 2 - For the latest financial results, Lixing Co., Ltd. reported total revenue of 535 million yuan, a year-on-year increase of 4.53%, and a net profit attributable to shareholders of 37.56 million yuan, up 5.94% year-on-year [1] - The company's non-recurring net profit was 34.09 million yuan, showing a slight decrease of 1.39% year-on-year, with liquidity ratios indicating a current ratio of 1.571 and a quick ratio of 1.067 [1] - The company has a debt-to-asset ratio of 36.49%, reflecting its financial stability [1] Group 3 - Lixing Co., Ltd. has made investments in 13 external enterprises and participated in 17 bidding projects, showcasing its active engagement in business expansion [2] - The company holds 10 trademark registrations and 279 patents, indicating a strong focus on intellectual property [2] - Additionally, Lixing Co., Ltd. possesses 16 administrative licenses, further demonstrating its operational capabilities [2]

Group 1 - The company, Lixing Co., reported that as of August 8, 2025, the number of shareholders is 28,948 [2]

金融界消息 截至2025年8月13日收盘，力星股份（300421）报收于16.69元，上涨0.06%，换手率 6.62%，成交量15.24万手，成交金额2.54亿元。 资金流向方面，今日主力资金净流出3027.07万元，占比成交额11.94%。其中，超大单净流出1129.44万 元、占成交额4.45%，大单净流出1897.63万元、占成交额7.48%，中单净流出流出1051.37万元、占成交 额4.15%，小单净流入4078.45万元、占成交额16.08%。 天眼查商业履历信息显示，江苏力星通用钢球股份有限公司，成立于2000年，位于南通市，是一家以从 事通用设备制造业为主的企业。企业注册资本29403.0484万人民币，实缴资本29403.0484万人民币。公 司法定代表人为施祥贵。 力星股份最新一期业绩显示，截至2025中报，公司营业总收入5.35亿元、同比增长4.53%，归属净利润 3755.78万元，同比增长5.94%，扣非净利润3408.79万元，同比减少1.39%，流动比率1.571、速动比率 1.067、资产负债率36.49%。 通过天眼查大数据分析，江苏力星通用钢球股份有限公司共对外投资了13 ...

格隆汇8月13日丨力星股份(300421.SZ)于投资者互动平台表示，公司一直致力于高铁滚子的研制，参与 了CR350动车组零部件的开发，并且通过路试，同时一直在研发更高阶的动车及高铁项目的相关滚动 体。 ...

Revenue and Profit - The total operating revenue of the company for the first half of 2025 was 535 million yuan, an increase of 4.53% year-on-year [2] - The net profit attributable to shareholders was 37.56 million yuan, up 5.94% year-on-year, while the net profit after deducting non-recurring gains and losses was 34.09 million yuan, down 1.39% year-on-year [2] - In Q2 2025, the operating revenue was 283 million yuan, a year-on-year increase of 4.41%, and the net profit attributable to shareholders was 20.43 million yuan, up 1.84% year-on-year [2] Financial Indicators - The accounts receivable amounted to 383 million yuan, which is 694.2% of the latest annual net profit [4] - The net cash flow from operating activities was -0.17 yuan, a decrease of 352.95% year-on-year, indicating significant pressure on cash flow management [4] - The gross profit margin was 17.13%, a decrease of 8.06% year-on-year, while the net profit margin was 7.02%, an increase of 1.35% year-on-year [9] Main Business Composition - The main source of revenue comes from steel balls and rollers, with steel ball revenue at 455 million yuan, accounting for 85% of total revenue, and a gross margin of 16.45% [5] - Roller revenue was 70.91 million yuan, accounting for 13.25% of total revenue, with a gross margin of 18.95% [5] Operational Review - The company is a leading enterprise in the field of precision bearing rolling elements, focusing on R&D, production, and sales [6] - Despite revenue and net profit growth, the decline in net profit after deducting non-recurring items and issues with cash flow and accounts receivable are notable challenges [6] Development Overview - The company possesses internationally advanced technology and a complete set of core technologies and production processes, with product performance exceeding international standards [7] - The company has implemented intelligent single-machine operations and automated production lines, ensuring traceability of product quality [7] Financial Analysis Summary - Overall, the company showed certain revenue growth in the 2025 mid-term report but faces challenges in cash flow management and accounts receivable [8]

Core Viewpoint - Lixing Co., Ltd. reported a moderate increase in revenue and net profit for the first half of 2025, but faced challenges with cash flow and profitability metrics [1][3]. Financial Performance - The total revenue for the first half of 2025 reached 535 million yuan, a year-on-year increase of 4.53% [1]. - The net profit attributable to shareholders was 37.56 million yuan, up 5.94% year-on-year [1]. - In Q2 2025, the revenue was 283 million yuan, reflecting a 4.41% increase compared to the same quarter last year [1]. - The net profit for Q2 2025 was 20.43 million yuan, showing a 1.84% increase year-on-year [1]. Profitability Metrics - The gross margin decreased to 17.13%, down 8.06% year-on-year [1]. - The net profit margin improved slightly to 7.02%, an increase of 1.35% year-on-year [1]. - The total of selling, administrative, and financial expenses was 20.46 million yuan, accounting for 3.82% of revenue, a decrease of 28.5% year-on-year [1]. Cash Flow and Debt - The company reported a significant increase in cash and cash equivalents, reaching 159 million yuan, up 89.69% year-on-year [1]. - Accounts receivable stood at 383 million yuan, a 1.07% increase from the previous year [1]. - Interest-bearing debt rose to 363 million yuan, marking a 90.88% increase year-on-year [1]. Shareholder Metrics - Earnings per share (EPS) increased to 0.13 yuan, a rise of 5.89% year-on-year [1]. - The net asset value per share decreased slightly to 4.27 yuan, down 1.09% year-on-year [1]. - Operating cash flow per share was reported at -0.17 yuan, a significant decline of 352.95% year-on-year [1]. Investment Insights - The company's return on invested capital (ROIC) was reported at 4.02%, indicating weak capital returns [3]. - The historical median ROIC since the company went public is 6.59%, suggesting average investment returns [3]. - The company relies heavily on research and development for its business model, necessitating further analysis of this driving force [3]. Fund Holdings - The largest fund holding Lixing Co., Ltd. is the Jinyuan Shun'an Xinyi Mixed Initiation A fund, with a current scale of 11 million yuan [3].