Core Viewpoint - Triangle Defense (300775.SZ) reported a decrease in revenue for the first three quarters of 2025, while net profit showed significant growth [1] Financial Performance - The company's operating revenue for the first three quarters was 1.247 billion yuan, a year-on-year decrease of 8.51% [1] - Net profit attributable to shareholders was 375 million yuan, reflecting a year-on-year increase of 25.64% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 348 million yuan, up 31.65% year-on-year [1] - Basic earnings per share stood at 0.68 yuan [1]

Core Insights - The company reported a revenue of 1.247 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 8.51% [1] - The net profit attributable to shareholders reached 375 million yuan, showing a year-on-year increase of 25.64% [1] - Basic earnings per share were 0.68 yuan, reflecting a year-on-year growth of 25.93% [1]

为使投资者全面了解公司的经营成果、财务状况，公司2025年第 三季度报告全文将于2025年10月23日在中国证监会指定的创业板信 息披露网站巨潮资讯网（http://www.cninfo.com.cn）上披露，敬请投 资者注意查阅。 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。 2025年10月23日，西安三角防务股份有限公司（以下简称"公司"） 召开第四届董事会第二次会议，审议通过了《关于2025年第三季度报 告的议案》。 | | | 债券代码：123114 债券简称：三角转债 西安三角防务股份有限公司 关于 2025 年第三季度报告披露提示性公告 特此公告。 西安三角防务股份有限公司 2025 年 10 月 23 日 董事会 ...

Core Insights - Triangle Defense reported Q3 revenue of 462 million, a year-over-year increase of 44.87% [1] - Net profit for Q3 reached 105 million, showing a significant year-over-year growth of 466.32% [1] - For the first three quarters, total revenue was 1.247 billion, reflecting a year-over-year decline of 8.51% [1] - Net profit for the first three quarters amounted to 375 million, which is a year-over-year increase of 25.64% [1]

Revenue and Profitability - Revenue for Q3 2025 reached ¥461,548,955.49, an increase of 44.87% year-over-year[5] - Net profit attributable to shareholders was ¥105,128,679.82, a significant increase of 466.32% compared to the same period last year[5] - Basic earnings per share rose to ¥0.19, reflecting a 480.00% increase year-over-year[5] - Net profit for the current period is ¥375,452,301.63, an increase of 25.6% from ¥298,838,537.57 in the previous period[19] - Basic earnings per share increased to ¥0.68 from ¥0.54, reflecting a growth of 25.9%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,585,113,096.00, a decrease of 6.19% from the previous year[5] - The total current assets decreased from CNY 6,305,398,333.74 to CNY 5,965,519,775.10, a reduction of approximately 5.4%[15] - Total liabilities decreased from CNY 3,396,387,132.69 to CNY 2,577,203,065.42, a decrease of approximately 24.1%[16] - The company's total assets decreased from CNY 9,151,899,218.57 to CNY 8,585,113,096.00, a decrease of approximately 6.2%[17] Equity and Shareholder Information - The company's equity attributable to shareholders increased by 4.39% to ¥6,007,910,030.58 compared to the end of the previous year[5] - The total equity attributable to shareholders increased from CNY 5,755,512,085.88 to CNY 6,007,910,030.58, an increase of about 4.4%[17] - Total number of ordinary shareholders at the end of the reporting period was 47,459, with no preferred shareholders having restored voting rights[10] - The largest shareholder, Xi'an Aviation Industry Investment Co., Ltd., holds 10.96% of shares, totaling 60,000,000 shares, with 30,000,000 shares pledged[10] Cash Flow - Cash flow from operating activities showed a net outflow of ¥39,158,398.30, worsening by 93.42% year-to-date[5] - The net cash flow from operating activities improved significantly to -$39,158,398.30, a 93.42% increase compared to -$595,548,385.09, driven by increased cash receipts from sales[9] - Cash flow from investing activities resulted in a net outflow of ¥481,129,360.04, compared to a larger outflow of ¥1,032,441,791.25 in the previous period[22] - Cash flow from financing activities recorded a net outflow of ¥218,650,227.01, a significant decrease from a net inflow of ¥1,209,054,454.72 in the previous period[22] Investments and Financial Performance - Long-term equity investments increased by 40.13% to ¥273,124,590.85, attributed to additional investments in subsidiaries[8] - Investment income rose to $19,001,712.52, a 97.10% increase from $9,640,565.60, attributed to higher returns from trading financial assets[9] - The company reported an increase in investment income to ¥19,001,712.52 from ¥9,640,565.60, indicating a growth of 96.5%[18] Operational Performance - Total operating revenue for the current period is ¥1,246,663,457.29, a decrease of 8.5% compared to ¥1,362,599,108.81 in the previous period[18] - Total operating costs decreased to ¥826,906,785.18 from ¥996,732,005.34, representing a reduction of 17.0%[18] - Research and development expenses remained stable at ¥64,848,086.46, slightly down from ¥65,258,014.23[18] Changes in Financial Metrics - The company reported a significant decrease in accounts receivable by 75.27% to ¥176,702,922.08 due to the maturity of commercial acceptance bills[8] - Fixed assets grew by 118.84% to ¥1,896,250,435.89, mainly due to the completion of fundraising projects[8] - Short-term borrowings decreased by 95.67% to ¥43,620,182.50, reflecting a reduction in credit borrowings and discounted commercial acceptance bills[8] - The company experienced a 90.24% decrease in other income, dropping to $4,770,185.45 from $48,898,952.92, primarily due to reduced government subsidies[9] - Financial expenses decreased by 65.04% to -$15,674,066.11 from -$44,838,702.90, mainly due to reduced interest income and the conclusion of fundraising projects[9] - The company reported a significant increase in non-operating income, which surged to $6,873,708.92, a 20,458.88% increase from $33,434.26, primarily from the repurchase and cancellation of restricted stock[9]

关于使用部分自有资金进行现金管理的进展公告 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。 | 证券代码：300775 | 证券简称：三角防务 | 公告编号：2025-109 | | --- | --- | --- | | 债券代码：123114 | 债券简称：三角转债 | | 西安三角防务股份有限公司 西安三角防务股份有限公司（以下简称"公司"）第三届董事会 第二十三次会议、第三届监事会第十八次会议和 2025 年第三次临时 股东大会分别审议通过了《关于使用部分闲置募集资金及自有资金进 行现金管理的议案》，同意在不影响公司正常经营、募集资金投资项 目建设进度及确保资金安全的情况下，公司（含子公司）使用额度不 超过人民币 106,000 万元的闲置募集资金（其中向不特定对象发行可 转换公司债券闲置募集资金不超过人民币 12,000 万元，向特定对象发 行股票闲置募集资金不超过人民币 94,000 万元）及额度不超过人民币 200,000 万元闲置自有资金进行现金管理，使用期限为自股东大会审 议通过之日起 12 个月内，在上述额度内，资金可滚动使用。在额度 范围 ...

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。 特别提示： 1、证券代码：300775 证券简称：三角防务 2、债券代码：123114 债券简称：三角转债 证券代码：300775 证券简称：三角防务 公告编号：2025-108 债券代码：123114 债券简称：三角转债 西安三角防务股份有限公司 关于预计触发三角转债转股价格向下修正条件 的提示性公告 3、转股价格：人民币 31.39 元/股 4、转股期限：2021 年 11 月 30 日至 2027 年 5 月 24 日 5、根据《西安三角防务股份有限公司向不特定对象发行可转换 公司债券募集说明书》（以下简称"《募集说明书》"）中的相关约定： "在本次发行的可转换公司债券存续期间，当公司股票在任意连续三 十个交易日中至少有十五个交易日的收盘价低于当期转股价格的 85%时，公司董事会有权提出转股价格向下修正方案并提交公司股东 大会审议表决。" 自 2025 年 9 月 26 日至 2025 年 10 月 17 日，西安三角防务股份 有限公司（以下简称"公司"）股票已有十个交易日的收盘价低于当 期转股价格的 85 ...

证券代码：300775 证券简称：三角防务 公告编号：2025-107 西安三角防务股份有限公司 关于 2025 年第三季度可转换公司债券转股情况的公告 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。 特别提示： 证券代码：300775 证券简称：三角防务 债券代码：123114 债券简称：三角转债 转股价格：31.39 元/股 转股时间：2021 年 11 月 30 日至 2027 年 5 月 24 日 转股股份来源：使用新增股份转股 2025 年第三季度，共有 20 张"三角转债"完成转股，票面金额 2,000 元，转换成公司股票 62 股。 根据《深圳证券交易所创业板股票上市规则》《深圳证券交易所 可转换公司债券业务实施细则》的有关规定，西安三角防务股份有限 公司（以下简称"公司"）现将 2025 年第三季度可转换公司债券（以 债券代码：123114 债券简称：三角转债 下简称"可转债"）转股及公司股份变动的情况公告如下： 一、可转债发行上市情况 （一）可转债发行情况 经中国证券监督管理委员会"证监许可[2021]1352 号"文核准， 西安三角防务股份 ...

Core Points - Triangle Defense announced a correction to its previous board election and management appointment announcement, revealing an error in the list of non-independent directors [1] Group 1 - The company disclosed the correction on September 30, 2025, regarding the board of directors' election and the appointment of senior management, including the financial director and board secretary [1] - The original announcement listed six non-independent directors, while the corrected version includes seven, adding Mr. Han Di to the board [1]

| 证券代码：300775 | 证券简称：三角防务 | 公告编号：2025-106 | | --- | --- | --- | | 债券代码：123114 | 债券简称：三角转债 | | 西安三角防务股份有限公司（以下简称"公司"）第三届董事会 第二十三次会议、第三届监事会第十八次会议和 2025 年第三次临时 股东大会分别审议通过了《关于使用部分闲置募集资金及自有资金进 行现金管理的议案》，同意在不影响公司正常经营、募集资金投资项 目建设进度及确保资金安全的情况下，公司（含子公司）使用额度不 超过人民币 106,000 万元的闲置募集资金（其中向不特定对象发行可 转换公司债券闲置募集资金不超过人民币 12,000 万元，向特定对象发 行股票闲置募集资金不超过人民币 94,000 万元）及额度不超过人民币 200,000 万元闲置自有资金进行现金管理，使用期限为自股东大会审 议通过之日起 12 个月内，在上述额度内，资金可滚动使用。在额度 范围内，公司董事会提请股东大会授权管理层行使该项投资决策权并 签署相关合同文件，由公司财务部负责组织实施。具体内容详见公司 于 2025 年 4 月 12 日在巨潮资讯网（ ...