Core Viewpoint - Zhongfu Information (300659.SZ) reported a revenue of 477 million yuan for the first three quarters of 2025, reflecting a year-on-year increase of 9.06% [1] Financial Performance - The net profit attributable to shareholders of the listed company was -150 million yuan [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -169 million yuan [1] - The basic earnings per share were -0.58 yuan [1]

2025 年第三季度报告披露提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 2025 年 10 月 29 日，中孚信息股份有限公司（以下简称"公司"）召开第 六届董事会第十九次会议，审议通过了公司 2025 年第三季度报告。为使投资者 全面了解本公司的经营成果、财务状况及未来发展规划，公司 2025 年第三季度 报告于 2025 年 10 月 30 日在中国证监会指定的创业板上市公司信息披露网站巨 潮资讯网（www.cninfo.com.cn）披露，请投资者注意查阅。 特此公告。 中孚信息股份有限公司董事会 2025 年 10 月 30 日 证券代码：300659 证券简称：中孚信息 公告编号：2025-056 中孚信息股份有限公司 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥181,203,879.88, representing an increase of 18.72% compared to the same period last year[5] - The net profit attributable to shareholders was -¥43,681,851.46, a decline of 25.08% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥47,699,024.94, a decrease of 27.49% compared to the previous year[5] - The basic earnings per share for the period was -¥0.17, reflecting a 22.73% increase in losses year-on-year[5] - The net loss for the current period was ¥150,059,380.44, an improvement compared to a net loss of ¥188,591,431.88 in the previous period, reflecting a reduction in losses of approximately 20.4%[25] - Basic and diluted earnings per share improved to -0.58 from -0.76, indicating a positive trend in earnings despite the continued loss[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,758,822,034.80, down 10.84% from the end of the previous year[5] - Total non-current assets decreased to ¥785,315,280.82 from ¥801,174,608.02, a decline of about 2.0%[21] - The total assets decreased to ¥1,758,822,034.80 from ¥1,972,599,608.76, indicating a decrease of about 10.8%[21] - The company's equity attributable to shareholders decreased to ¥1,201,302,138.14 from ¥1,350,222,513.14, a decline of approximately 11.0%[21] - Total liabilities decreased to ¥557,519,896.66 from ¥622,377,095.62, representing a reduction of approximately 10.4%[21] Cash Flow - The cash flow from operating activities was -¥113,704,409.96, an improvement of 49.41% compared to the previous period[12] - Cash generated from operating activities was ¥537,233,663.36, up from ¥458,623,482.76, which is an increase of approximately 17.2%[26] - Net cash flow from operating activities was -$113,704,409.96, improving from -$224,769,965.73 year-over-year[27] - Cash inflow from investment activities reached $948,480,935.97, significantly up from $259,652,840.83 year-over-year[27] - Net cash flow from investment activities was -$199,038,665.46, an improvement from -$337,439,536.18 year-over-year[27] - Cash inflow from financing activities totaled $237,043,255.83, down from $800,709,114.53 year-over-year[28] - Net cash flow from financing activities was -$10,250,456.08, a decline from $410,202,171.32 year-over-year[28] - The ending cash and cash equivalents balance was $241,015,926.31, up from $184,632,262.31 year-over-year[28] Shareholder Information - Total number of common shareholders at the end of the reporting period is 23,500[14] - Wei Dongxiao holds 21.99% of shares, totaling 57,253,101 shares[14] - The total number of restricted shares at the end of the period is 71,153,571 shares[16] - The company has a total of 70,059,649 shares under lock-up agreements for executives[16] - The company has no changes in the number of shareholders participating in margin trading[14] Operational Status - The company reported a significant increase in tax and additional charges, totaling ¥6,440,056.86, an increase of 88.99% year-on-year[11] - The company received notices of the lifting of detention measures for key personnel, indicating normal operational status[17] Inventory and Assets Composition - Total liquid assets decreased from 603,063,869.72 CNY to 254,481,905.57 CNY, a decline of approximately 57.8%[19] - Total current assets decreased from 1,171,425,000.74 CNY to 973,506,753.98 CNY, a decline of approximately 16.9%[19] - Inventory increased from 65,532,428.62 CNY to 76,741,300.93 CNY, an increase of approximately 16.9%[19] - Total non-current assets include long-term equity investments of 40,321,235.08 CNY[19] Operating Costs - Total operating revenue for the current period reached ¥477,118,880.02, an increase from ¥437,472,064.04 in the previous period, representing an increase of approximately 9.3%[23] - Total operating costs amounted to ¥661,870,621.16, slightly up from ¥659,452,115.75, indicating a marginal increase of about 0.3%[24] - Research and development expenses increased to ¥194,834,703.84 from ¥157,871,902.59, marking a rise of about 23.4%[24]

Market Overview - On October 24, the computer equipment sector rose by 2.05%, led by Aerospace Intelligence [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Stock Performance - Aerospace Intelligence (300455) saw a closing price of 19.76 with a significant increase of 19.98% and a trading volume of 311,100 shares, amounting to a transaction value of 614 million [1] - Weihong Co., Ltd. (300508) closed at 31.98, up 12.61%, with a trading volume of 94,300 shares [1] - Dahua Intelligent (002512) closed at 4.46, up 10.12%, with a trading volume of 672,500 shares [1] - Other notable performers include Langke Technology (300042) with an 8.93% increase and a closing price of 33.18, and Jiayuan Technology (301117) with a 7.96% increase and a closing price of 43.25 [1] Capital Flow - The computer equipment sector experienced a net inflow of 1.494 billion in main funds, while retail funds saw a net outflow of 575 million [2] - The main funds' net inflow for Zhongke Shuguang (603019) was 914 million, accounting for 12.96% of the total, while retail funds had a net outflow of 578 million [3] - Dahua Intelligent (002512) had a main fund net inflow of 139 million, representing 46.50% of the total, with retail funds experiencing a net outflow of 64.93 million [3]

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Viewpoints - The report emphasizes the continuous recommendation of domestic investment opportunities due to increasing external technology controls and the ongoing promotion of domestic innovation policies, indicating a clear trend towards self-sufficiency in key technologies [6][13] - The performance of leading domestic computing companies is showing significant revenue growth, validating the trend of domestic industrial development [7][14] Summary by Sections Weekly Perspective - The report highlights the sustained recommendation of domestic investment opportunities, noting a decline in the CSI 300 index by 2.22% and a 5.61% drop in the computer index during the week of October 13-17, 2025 [5][12] Company Dynamics - Haiguang Information reported a revenue of 40.26 billion yuan for Q3 2025, marking a year-on-year growth of 69.60% and a net profit of 759.99 million yuan, up 13.04% [16] - Cambricon Technologies achieved a revenue of 1.727 billion yuan in Q3 2025, with a staggering year-on-year increase of 1332.52%, and a net profit of 567 million yuan, indicating a strong turnaround [14] Investment Recommendations - Key domestic software companies recommended include Kingsoft Office, Dameng Data, and others, while leading domestic computing companies such as Haiguang Information and Sugon are also highlighted for their growth potential [8][15]

Core Viewpoint - Zhongfu Information announced that the company has no overdue guarantees, no litigation guarantees, and has not been ruled against in any guarantee-related lawsuits [2] Summary by Category - **Company Status** - Zhongfu Information confirmed the absence of overdue guarantees [2] - The company is not involved in any litigation guarantees [2] - There have been no adverse rulings against the company related to guarantees [2]

证券代码：300659 证券简称：中孚信息 公告编号：2025-055 中孚信息股份有限公司 关于为全资子公司提供担保及对外提供反担保的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、担保情况概述 中孚信息股份有限公司（以下简称"中孚信息"及"公司"）于 2025 年 3 月 28 日、2025 年 4 月 21 日分别召开第六届董事会第十三次会议、2024 年年度 股东大会，审议通过了《关于为全资子公司提供担保的议案》，同意为全资子公 司中孚安全技术有限公司（以下简称"中孚安全"）在申请授信、信贷业务或日 常经营业务时为其提供担保额度不超过 3.5 亿元的担保，担保方式包括但不限于 保证、抵押、质押、反担保等方式。具体内容详见公司于 2025 年 3 月 29 日在巨 潮资讯网（www.cninfo.com.cn）上发布的相关公告。 近日，公司与济南农村商业银行股份有限公司天桥支行签署《保证合同》， 为中孚安全提供流动资金借款 2,000 万元的担保，期限 1 年；公司与北京银行股 份有限公司济南分行签署《保证合同》，为中孚安全提供流动资金借款 ...

Group 1 - The company, Zhongfu Information, stated that its production and operational activities are normal, and cash flow is sufficient to meet daily operational needs [2] - The management team will continue to focus on enhancing the core business and ensuring stable operations for the company [2]

Group 1 - The company management emphasizes the importance of restoring its core business and improving operational performance [1] - Measures being implemented include strengthening technological innovation, optimizing product structure, expanding market channels, and promoting cost reduction and efficiency enhancement [1]

Core Viewpoint - Zhongfu Information (300659) has won a bid for a defense sector terminal "Guangmi" product procurement project, with a total bid amount of 12.98 million yuan, covering over 12,000 domestically produced terminals [1] Group 1 - The winning bid amount is 12.98 million yuan [1] - The project involves the procurement of over 12,000 domestically produced terminals [1] - The core product, the terminal "Guangmi," is specifically developed to meet the security and confidentiality needs of military organizations [1]