长江商报消息 ●长江商报记者 汪静 不过，化肥行业是一个周期性较强的行业，在本轮上行期后，刘甍又该如何带领公司寻找新方向？ 从"收废品"到上市公司掌舵人 公开资料显示，1970年2月，刘甍在四川省德阳市出生，1988年7月参加高考，顺利考进大连理工大学物理系。 1992年大学毕业，刘甍被分配到德阳，先后任职于德阳市对外经贸委、四川电力公司德阳供电局。 供电局经常有淘汰下来的废旧电线、变压器之类材料要处理，在处理废材期间，刘甍发现废旧材料利润不菲，显 然有着极大的市场潜力，创业之心悄然萌发。 一边是稳定的工作，一边是触手可及的新机会，一番纠结下，刘甍还是咬咬牙辞了职。1998年，他彻底投身废弃 材料回收行业。初创阶段他亲自跑市场拓业务，2001年在德阳注册南邡有色金属有限公司，将业务聚焦有色金属 回收，2004年又成立什邡市金诺金属有限公司。 期间他引入专业设备并聘请技术人员优化提纯工艺，提升了回收效率并降低成本，凭借规范运营和技术优势，成 为当地多家国企的废料处理合作商，生意规模逐步扩大。 在刘甍的带领下，深耕磷化工的川金诺（300505.SZ）又给市场带来惊喜。 日前，川金诺发布2025年前三季度业绩预告， ...

Group 1: Government and Regulatory Updates - The State Council Information Office will hold a press conference on October 11 to discuss the achievements in high-quality development during the 14th Five-Year Plan period, focusing on urban and rural construction [1] - The Ministry of Industry and Information Technology (MIIT) is soliciting opinions on a draft notice to conduct commercial trials for satellite IoT services, aimed at supporting the healthy development of emerging industries like commercial aerospace and low-altitude economy [3] - The Financial Regulatory Bureau has issued a notice to strengthen the regulation of non-auto insurance businesses, focusing on issues like optimizing assessment mechanisms and improving underwriting and claims services [2] Group 2: Company News and Financial Performance - New Lai Fu plans to acquire 100% equity of Jin Nan Magnetic Materials for 1.054 billion yuan, which is expected to constitute a major asset restructuring [5] - Jin Ling Mining reported a net profit of 220 million yuan for the first three quarters, a year-on-year increase of 47.09% [6] - North Rare Earth expects a net profit of 1.51 billion to 1.57 billion yuan for the first three quarters, representing a year-on-year growth of 272.54% to 287.34% [6] - China Energy Construction announced that its joint venture has signed three renewable energy contracts worth approximately 2.745 billion USD, equivalent to about 19.554 billion yuan [8] - China Power Construction has signed contracts for two solar projects in Saudi Arabia, with a total contract value of approximately 117.19 billion yuan [8]

Financial Performance - Jinling Mining reported a net profit of 220 million yuan for the first three quarters, representing a year-on-year increase of 47.09% [1] - Northern Rare Earth expects a net profit of 1.51 billion to 1.57 billion yuan for the first three quarters, a year-on-year increase of 272.54% to 287.34% [2] - Chuanjinno anticipates a net profit of 290 million to 310 million yuan for the first three quarters, with a year-on-year growth of 162.56% to 180.66% [3] - Allwinner Technology expects a net profit of 260 million to 290 million yuan for the first three quarters, a year-on-year increase of 72.20% to 92.06% [15] - Youyan New Materials forecasts a net profit of 230 million to 260 million yuan for the first three quarters, a year-on-year growth of 101% to 127% [16] - Qianyuan Electric anticipates a net profit of 451 million to 531 million yuan for the first three quarters, representing a year-on-year increase of 70% to 100% [18] Corporate Actions - Aowei New Materials announced that its stock will resume trading on October 13 after a suspension due to unusual trading fluctuations [4] - Dongxin Co. plans to transfer 13.2675 million shares, accounting for 3.00% of the total share capital, through a pricing inquiry [5] - Xibei Securities announced the resignation of its fund manager due to retirement [6] - Aviation Control reported the resignation of its vice chairman due to job relocation [7] - BOE Technology Group announced the resignation of its vice chairman for personal reasons [9] - Standard Shares reported the resignation of its chairman due to work adjustments [10] - Kent Shares announced the resignation of its deputy general manager for personal reasons [10] Strategic Developments - Keda Li plans to establish a wholly-owned subsidiary in Hong Kong with an investment of up to 3 million HKD to enhance its international presence [13] - Jiekang Equipment completed the acquisition of 51% of Shandong Carbon Seeking's shares, which will be included in its consolidated financial statements [12] - China Energy Construction signed three total contracting projects for wind and solar power in Saudi Arabia, with a total contract value of approximately 19.554 billion yuan [14]

Core Viewpoint - Chuanjinnuo (300505.SZ) forecasts a net profit attributable to shareholders of 290 million to 310 million yuan for the first three quarters of 2025, representing a year-on-year increase of 162.56% to 180.66% [1] Group 1: Financial Performance - The company expects a significant increase in net profit for the first three quarters of 2025, with projections between 290 million and 310 million yuan [1] - This anticipated profit growth reflects a strong year-on-year increase of 162.56% to 180.66% [1] Group 2: Operational Strategy - The company is actively seizing market opportunities and leveraging flexible production capacity [1] - There is a focus on dynamically optimizing production plans and product structures to enhance the proportion of high-margin products [1] - Sales revenue has increased year-on-year, contributing to the overall improvement in profit levels [1] Group 3: Cost Management - The company continues to deepen cost control measures, which have further strengthened overall profitability [1]

Core Viewpoint - The company, Chuanjinnuo (300505.SZ), expects significant growth in revenue and net profit for the first three quarters, driven by strong market demand and effective cost management [1] Financial Performance - Estimated revenue for the first three quarters is between 2.75 billion yuan and 2.85 billion yuan, representing a year-on-year increase of 24.99% to 29.54% [1] - Net profit attributable to shareholders is projected to be between 290 million yuan and 310 million yuan, reflecting a year-on-year increase of 162.56% to 180.66% [1] - The net profit after deducting non-recurring gains and losses is expected to be between 276.3 million yuan and 296.3 million yuan, indicating a year-on-year increase of 172.88% to 192.63% [1] Operational Strategy - The company has actively seized market opportunities, leveraging flexible production capacity to optimize production plans and product structure [1] - There is a focus on increasing the proportion of high-margin products, which has contributed to revenue growth and improved profit levels [1] - Continuous enhancement of cost control measures has further strengthened the overall profitability of the company [1] Non-Recurring Gains - The estimated impact of non-recurring gains and losses on the company's net profit is approximately 13.7 million yuan [1]

Group 1 - The company, Chuanjinnuo, expects a net profit attributable to shareholders of 290 million to 310 million yuan for the first three quarters of 2025, representing an increase of 162.56% to 180.66% compared to the same period last year [1] - The main reasons for the performance change include strong market demand, effective utilization of flexible production capacity, dynamic optimization of production plans and product structure, and an increased proportion of high-margin products, which collectively drove sales revenue growth and improved profit levels [1] - The company has also focused on deepening cost control, further enhancing overall profitability [1] Group 2 - For the first half of 2025, the revenue composition of Chuanjinnuo is 98.15% from the phosphate chemical industry and 1.85% from other industries [1] - As of the report date, the market capitalization of Chuanjinnuo is 5.9 billion yuan [1]

Core Viewpoint - The company expects significant growth in both revenue and net profit for the first three quarters of the year, indicating strong operational performance and market demand [1] Financial Performance - The company anticipates revenue for the first three quarters to be between 2.75 billion and 2.85 billion yuan, representing a year-on-year growth of 24.99% to 29.54% [1] - The expected net profit attributable to shareholders for the first three quarters is projected to be between 290 million and 310 million yuan, showing a substantial year-on-year increase of 162.56% to 180.66% [1] - For the third quarter alone, the net profit attributable to shareholders is estimated to be between 112.5 million and 132.5 million yuan, reflecting a year-on-year growth of 156.54% to 202.15% [1]

Core Viewpoint - The company, Chuanjinnuo, anticipates significant growth in revenue and net profit for the first three quarters of 2025, driven by strong market demand and strategic production optimization [1] Financial Performance - Estimated revenue for the first three quarters of 2025 is projected to be between 2.75 billion and 2.85 billion yuan, representing a year-on-year increase of 24.99% to 29.54% [1] - The net profit attributable to shareholders is expected to be between 290 million and 310 million yuan, showing a substantial year-on-year growth of 162.56% to 180.66% [1] - For the third quarter of 2025, the net profit attributable to shareholders is forecasted to be between 113 million and 133 million yuan, reflecting a year-on-year increase of 156.54% to 202.15% [1] Strategic Initiatives - The company is actively seizing market opportunities and leveraging its flexible production capacity to optimize production plans and product structure [1] - There is a focus on increasing the proportion of high-margin products, which is contributing to the growth in sales revenue and profit levels [1]

[Current Period Performance Forecast](index=1&type=section&id=Current%20Period%20Performance%20Forecast) [Performance Forecast Period and Nature](index=1&type=section&id=Performance%20Forecast%20Period%20and%20Nature) The company issued a performance forecast for Q1-Q3 and Q3 2025, anticipating a year-over-year increase in performance - The performance forecast period is from January 1, 2025, to September 30, 2025[2](index=2&type=chunk) - The company's performance is expected to achieve a **year-over-year increase**[2](index=2&type=chunk) [Specifics of Performance Forecast](index=1&type=section&id=Specifics%20of%20Performance%20Forecast) The company anticipates significant growth in revenue and net profit for Q1-Q3 and Q3 2025, with a particularly prominent increase in net profit attributable to shareholders [Q1-Q3 2025 Performance Forecast](index=1&type=section&id=Q1-Q3%202025%20Performance%20Forecast) Q1-Q3 2025 Performance Forecast (January 1, 2025 – September 30, 2025) | Item | Q1-Q3 2025 (Estimated) | Prior Year Period | Year-over-Year Growth | Unit | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 2.75 - 2.85 billion | 2.20 billion | 24.99% - 29.54% | CNY | | Net Profit Attributable to Shareholders | 290 - 310 million | 110.45 million | 162.56% - 180.66% | CNY | | Net Profit Attributable to Shareholders Excluding Non-Recurring Items | 276.3 - 296.3 million | 101.25 million | 172.88% - 192.63% | CNY | [Q3 2025 Performance Forecast](index=1&type=section&id=Q3%202025%20Performance%20Forecast) Q3 2025 Performance Forecast (July 1, 2025 – September 30, 2025) | Item | Q3 2025 (Estimated) | Prior Year Period | Year-over-Year Growth | Unit | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 1.01 - 1.11 billion | 0.84 billion | 20.24% - 32.19% | CNY | | Net Profit Attributable to Shareholders | 112.5 - 132.5 million | 43.85 million | 156.54% - 202.15% | CNY | | Net Profit Attributable to Shareholders Excluding Non-Recurring Items | 109.76 - 129.76 million | 41.46 million | 164.76% - 213.01% | CNY | [Pre-Audit Status of Performance Forecast](index=2&type=section&id=Pre-Audit%20Status%20of%20Performance%20Forecast) [Unaudited Financial Data](index=2&type=section&id=Unaudited%20Financial%20Data) The financial data involved in this performance forecast has not yet been audited by a certified public accountant - The financial data related to this performance forecast is **unaudited** by a certified public accountant[5](index=5&type=chunk) [Explanation of Performance Changes](index=2&type=section&id=Explanation%20of%20Performance%20Changes) [Operational Factors and Market Conditions](index=2&type=section&id=Operational%20Factors%20and%20Market%20Conditions) The company's performance growth is primarily attributed to actively seizing market demand, optimizing production and product structure, increasing the proportion of high-margin products, and deepening cost control - The company actively capitalized on favorable market demand and leveraged its **flexible production capacity**[6](index=6&type=chunk) - Dynamic optimization of production plans and product structure, focusing on increasing the proportion of **high-margin products**, drove year-over-year sales revenue growth[6](index=6&type=chunk) - Continuous deepening of **cost control** further enhanced overall profitability[6](index=6&type=chunk) [Impact of Non-Recurring Items](index=2&type=section&id=Impact%20of%20Non-Recurring%20Items) Non-recurring items are expected to have a positive impact of approximately **13.7 million CNY** on the net profit for the current reporting period - Non-recurring items are estimated to have a positive impact of approximately **13.7 million CNY** on the company's net profit for the current reporting period[6](index=6&type=chunk) [Other Relevant Information](index=2&type=section&id=Other%20Relevant%20Information) [Risk Warning and Final Disclosure](index=2&type=section&id=Risk%20Warning%20and%20Final%20Disclosure) This performance forecast is a preliminary, unaudited estimate; final financial data will be detailed in the Q3 2025 report, cautioning investors about investment risks - This performance forecast is a preliminary estimate by the company's finance department and has **not been audited** by an accounting firm[7](index=7&type=chunk) - Specific financial data will be **fully disclosed** in the 2025 Third Quarter Report[7](index=7&type=chunk) - Investors are advised to exercise **prudent decision-making** and be aware of investment risks[7](index=7&type=chunk)

Core Viewpoint - Chuanjinnuo (300505.SZ) forecasts a net profit attributable to shareholders of 290 million to 310 million yuan for the first three quarters of 2025, representing an increase of 162.56% to 180.66% compared to the same period last year [1] Group 1 - The company attributes the profit growth to strong market demand and the optimization of production plans and product structure [1] - The company has enhanced the proportion of high-margin products, which has contributed to revenue growth [1] - Cost control measures have been deepened, improving overall profitability [1] Group 2 - Non-recurring gains and losses are expected to impact net profit by approximately 13.7 million yuan [1]