Core Viewpoint - Yongfu Co., Ltd. reported a net profit attributable to shareholders of 37.09 million yuan for the first three quarters of 2025, representing a year-on-year increase of 10.41% [1] Group 1: Financial Performance - The company achieved a net profit of 37.09 million yuan in the first three quarters of 2025 [1] - This reflects a growth of 10.41% compared to the same period last year [1] Group 2: Business Strategy - Yongfu Co., Ltd. adheres to an "internationalization and differentiation" development philosophy [1] - The company focuses on sectors such as new energy, clean energy, energy storage, smart grid, and intelligent sources [1] - It has established an integrated business system comprising "solutions + products + services" [1] Group 3: Service Capability - The company has built a comprehensive service capability covering the entire zero-carbon electricity system, including "source - grid - load - storage - intelligence" [1] - Yongfu Co., Ltd. is continuously developing a green zero-carbon ecosystem [1]

Core Viewpoint - Yongfu Co., Ltd. reported a net profit attributable to shareholders of 37.09 million yuan for the first three quarters of 2025, reflecting a year-on-year growth of 10.41% [1] Financial Performance - The company achieved a net profit of 37.09 million yuan in the first three quarters of 2025 [1] - This represents a year-on-year increase of 10.41% compared to the same period last year [1]

Core Viewpoint - Yongfu Co., Ltd. reported a decrease in operating revenue for the first three quarters of 2025, while net profit attributable to shareholders increased, indicating a mixed financial performance [1] Financial Performance - Operating revenue for the first three quarters reached 1.266 billion yuan, a year-on-year decrease of 12.33% [1] - Net profit attributable to shareholders was 37.0924 million yuan, reflecting a year-on-year increase of 10.41% [1] - Net profit excluding non-recurring gains and losses was 33.9702 million yuan, showing a year-on-year increase of 21.94% [1] - Basic earnings per share stood at 0.2014 yuan [1]

第四届监事会第六次会议决议公告 本公司及监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。 一、监事会会议召开情况 福建永福电力设计股份有限公司（以下简称"公司"）于 2025 年 10 月 23 日以电子邮件等方式，发出了关于召开公司第四届监事会第六次会议的通知。本 次会议于 2025 年 10 月 29 日 11:00 在公司 2006 会议室以现场表决方式召开。会 议应出席监事 3 人，实际出席监事 3 人。公司董事会秘书吴轶群女士列席了会议， 会议由公司监事会主席党波先生主持。本次会议的召开符合《中华人民共和国公 司法》等相关法律、行政法规、部门规章、规范性文件和《公司章程》的相关规 定。 二、监事会会议审议情况 审议通过《关于 2025 年第三季度报告的议案》 证券代码：300712 证券简称：永福股份 公告编号：2025-066 福建永福电力设计股份有限公司 第四届监事会第六次会议决议。 特此公告。 福建永福电力设计股份有限公司监事会 2025 年 10 月 29 日 监事会认为，董事会编制和审核公司《2025 年第三季度报告》的程序符合 法律、行政法规、中国 ...

福建永福电力设计股份有限公司（以下简称"公司"）于 2025 年 10 月 23 日以电子邮件等方式，发出了关于召开公司第四届董事会第七次会议的通知。本 次会议于 2025 年 10 月 29 日以通讯表决方式召开。会议应出席董事 9 人，实际 出席董事 9 人。公司全体监事及高级管理人员列席了会议，会议由公司董事长林 一文先生主持。本次会议的召集、召开符合《中华人民共和国公司法》等相关法 律、行政法规、部门规章、规范性文件和《公司章程》的相关规定。 二、董事会会议审议情况 审议通过《关于 2025 年第三季度报告的议案》 证券代码：300712 证券简称：永福股份 公告编号：2025-065 福建永福电力设计股份有限公司 第四届董事会第七次会议决议公告 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。 一、董事会会议召开情况 三、备查文件 1.第四届董事会第七次会议决议； 2.第四届董事会审计委员会第八次会议决议。 特此公告。 福建永福电力设计股份有限公司董事会 董事会认为，公司《2025 年第三季度报告》的编制和审核程序符合法律、 行政法规、中国证券监督管理 ...

Company Summary - Yongfu Co., Ltd. (SZ 300712) announced on October 29 that its fourth board meeting was held via telecommunication to review the proposal for the third quarter report of 2025 [1] - For the first half of 2025, Yongfu's revenue composition was 99.93% from professional technical services and 0.07% from other businesses [1] - As of the report, Yongfu's market capitalization stands at 5.2 billion yuan [1] Industry Summary - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation [1] - A new "slow bull" market pattern is emerging, indicating a shift in market dynamics [1]

Core Insights - The company reported a third-quarter revenue of 289 million yuan, representing a year-on-year decline of 35.53% [1] - The net profit for the third quarter was 5.83 million yuan, showing a year-on-year increase of 77.73% [1] - For the first three quarters, the total revenue was 1.266 billion yuan, down 12.33% year-on-year [1] - The net profit for the first three quarters reached 37.09 million yuan, reflecting a year-on-year growth of 10.41% [1]

Company Performance - Yongfu Co., Ltd. reported a revenue of approximately 1.266 billion yuan for the first three quarters of 2025, representing a year-on-year decrease of 12.33% [1] - The net profit attributable to shareholders of the listed company was approximately 37.09 million yuan, showing a year-on-year increase of 10.41% [1] - Basic earnings per share were 0.2014 yuan, reflecting a year-on-year increase of 11.83% [1] Market Context - As of the report, Yongfu Co., Ltd. has a market capitalization of 5.2 billion yuan [2] - The A-share market has surpassed 4,000 points, indicating a significant market resurgence after a decade of stagnation, with a new "slow bull" market pattern emerging [2]

Revenue and Profitability - The company's revenue for Q3 2025 was ¥289,000,680.60, a decrease of 35.53% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2025 was ¥5,831,847.30, an increase of 77.73% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,083,706.67, a significant increase of 755.56% compared to the same period last year[4] - Total operating revenue for the current period is ¥1,265,958,549.85, a decrease of 12.3% from ¥1,443,929,303.89 in the previous period[30] - Net profit for the current period is ¥13,741,961.35, an increase of 26.5% compared to ¥10,906,867.77 in the previous period[32] - Basic earnings per share for Q3 2025 was ¥0.0318, up 71.89% year-on-year[4] - Basic earnings per share for the current period is ¥0.2014, up from ¥0.1801 in the previous period, indicating improved profitability[34] Assets and Liabilities - The total assets at the end of Q3 2025 were ¥4,133,260,746.89, representing a decrease of 6.14% from the end of the previous year[4] - Total current assets decreased to ¥2,925,288,142.87 from ¥3,245,551,766.25, indicating a decline of approximately 9.9%[27] - Total liabilities decreased to ¥2,834,881,095.35 from ¥3,080,543,023.00, indicating improved financial stability[29] - Total equity attributable to shareholders is ¥1,288,283,649.93, slightly down from ¥1,291,069,346.60, reflecting stable shareholder value[29] Cash Flow - The cash flow from operating activities for the year-to-date was -¥154,305,721.57, a decrease of 73.48% compared to the previous year[4] - Operating cash flow rose by 55.53% to ¥1,485,620,580.69, primarily driven by increased collections from EPC projects and distributed photovoltaic integration products[16] - Cash inflow from operating activities is ¥1,485,620,580.69, significantly higher than ¥955,170,019.20 in the previous period, showing strong operational cash generation[35] - The net cash flow from operating activities was -$154.31 million, an improvement from -$581.76 million in the previous period, indicating a significant reduction in cash outflows[37] - The total cash and cash equivalents at the end of the period stood at $245.19 million, a decrease from $578.69 million at the beginning of the period[37] Investments and Expenses - Investment income surged by 246.31% to ¥12,372,432.17, attributed to increased returns from equity investments and debt restructuring gains[13] - Research and development expenses for the current period are ¥54,281,408.97, a decrease from ¥58,122,523.71, suggesting a potential shift in investment strategy[32] - The company reported an investment income of ¥12,372,432.17, significantly higher than ¥3,572,615.75 in the previous period, indicating successful investment strategies[32] - The company has implemented a strategy to reduce financial expenses, with total financial costs increasing to ¥39,062,316.05 from ¥29,156,798.56, primarily due to interest expenses[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,977[18] - The top shareholder, Fuzhou Bohong Investment Management Co., Ltd., holds 24.63% of shares, totaling 46,185,486 shares[18] - The company reported a total of 46,185,486 shares held by Fuzhou Bohong Investment Management Co., Ltd., which is the largest shareholder[20] - The company has a total of 1,181,700 shares held by Zhang Yibin, representing a significant stake[20] - The company has a total of 35,378,453 shares held by Fuzhou Yongfu Hancheng Investment Management Co., Ltd.[20] Financial Changes and Trends - The company's inventory decreased by 34.90% to ¥272,188,140.62 due to accelerated distribution of integrated photovoltaic products[12] - The company's short-term borrowings increased by 41.51% to ¥1,136,096,681.63, driven by increased funding needs for project payments[12] - The company's contract liabilities increased by 44.38% to ¥76,118,366.90, reflecting new prepayments received for EPC projects[12] - Financial expenses increased by 33.97% to ¥39,062,316.05 due to higher interest costs from increased borrowings and guarantee fees from EPC projects[13] - The company experienced a 98.19% decline in fair value changes to ¥52,849.80, due to the reversal of previous losses on financial derivatives[13] - Credit impairment losses decreased by 106.29% to ¥1,727,879.68, as total collections increased compared to the previous year[13] Audit and Reliability - The third quarter financial report was not audited, which may affect the reliability of the reported figures[39]

Market Overview - As of October 27, the Shanghai Composite Index closed at 3996.94 points, with an increase of 1.18% [1] - The Shenzhen Component Index closed at 13489.40 points, up by 1.51% [1] - The ChiNext Index closed at 3234.45 points, rising by 1.98% [1] Trading Activity - A total of 2530 stocks saw an increase in average transaction volume, with 78 stocks experiencing a growth of over 50% [1] - 2034 stocks reported a decrease in average transaction volume [1] - Notable stocks with significant increases in transaction volume include Xinri Co., Haomai Technology, and Changbao Co. [1] Individual Stock Performance - Xinri Co. reported a daily increase of 10.02% with an average transaction volume of 1456 shares, showing a 253.73% increase [1] - Haomai Technology increased by 10.01% with an average transaction volume of 784 shares, reflecting a 206.77% increase [1] - Changbao Co. rose by 9.95% with an average transaction volume of 2716 shares, marking a 197.17% increase [1] - Tianyi Medical saw a significant increase of 20.00% with an average transaction volume of 575 shares, up by 153.85% [1] Active Stocks by Transaction Count - Geer Software had a notable increase in transaction count, rising by 3312.09% with 106,389 transactions [2] - Huajian Group experienced a decrease of 9.99% but had a transaction count increase of 1338.50% with 220,091 transactions [2] - Shanghai Port Bay reported a 1.59% increase with 41,109 transactions, reflecting a 723.50% increase [2] Summary of Notable Stocks - Tianyi Medical, Wanlang Magnetic Plastic, and Jialan Technology all reported significant increases in both transaction volume and count, indicating heightened trading activity [1][2] - Stocks like Xinyuan Co. and Juzhu Co. also showed substantial increases in transaction metrics, suggesting potential investment interest [1][2]