证券代码：300818 证券简称：耐普矿机 公告编号：2025-098 江西耐普矿机股份有限公司 第五届董事会第二十九次会议决议公告 江西耐普矿机股份有限公司（以下简称"公司"）第五届董事会第二十九次 会议于 2025 年 10 月 23 日在公司会议室以现场结合通讯表决方式召开，会议通 知于 2025 年 10 月 18 日以电话、电子邮件、即时通讯工具等方式送达。本次会 议由公司董事长郑昊先生主持，会议应出席董事 7 名，实际出席董事 7 名，公司 高级管理人员列席了本次会议。本次会议的召开符合《中华人民共和国公司法》 及《江西耐普矿机股份有限公司章程》《江西耐普矿机股份有限公司董事会议事 规则》等法律法规的有关规定，表决所形成的决议合法、有效。 二、董事会会议审议情况 经与会董事认真审议和表决，形成决议如下： 1、审议通过《关于 2025 年第三季度报告的议案》； 公司严格按照相关法律、行政法规和中国证券监督管理委员会的规定，编制 了公司 2025 年第三季度报告，报告内容真实、准确、完整地反映了公司 2025 年 前三季度的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。公司审 计委员会全体成员 ...

江西耐普矿机股份有限公司 2025 年第三季度报告 证券代码：300818 证券简称：耐普矿机 公告编号：2025-097 江西耐普矿机股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明： 保证季度报告中财务信息的真实、准确、完整。 3.第三季度财务会计报告是否经过审计 □是 否 江西耐普矿机股份有限公司 2025 年第三季度报告 一、主要财务数据 江西耐普矿机股份有限公司 2025 年第三季度报告 | 项目 | 本报告期金额 | 年初至报告期期 末金额 | 说明 | | --- | --- | --- | --- | | 减：所得税影响额 | 378,890.23 | 1,360,349.19 | | | 少数股东权益影响额（税后） | 612.07 | -1,111.03 | | | 合计 | 2,062, ...

耐普矿机所属申万行业为：机械设备-通用设备-磨具磨料。所属概念板块包括：有色铜、工程机械、一 带一路、新材料、机械等。 截至10月20日，耐普矿机股东户数9992.00，较上期减少21.54%；人均流通股10957股，较上期增加 27.45%。2025年1月-6月，耐普矿机实现营业收入4.13亿元，同比减少34.04%；归母净利润1698.56万 元，同比减少79.86%。 分红方面，耐普矿机A股上市后累计派现9352.81万元。近三年，累计派现7462.81万元。 耐普矿机今年以来股价涨8.71%，近5个交易日跌3.03%，近20日涨19.91%，近60日涨25.59%。 今年以来耐普矿机已经1次登上龙虎榜，最近一次登上龙虎榜为9月25日，当日龙虎榜净买入1077.27万 元；买入总计9865.26万元 ，占总成交额比24.91%；卖出总计8787.99万元 ，占总成交额比22.19%。 资料显示，江西耐普矿机股份有限公司位于江西省上饶市上饶经济技术开发区经开大道318号，成立日 期2005年10月14日，上市日期2020年2月12日，公司主营业务涉及从事重型矿山选矿装备及其新材料耐 磨备件的研发、生产、销 ...

10月13日公司发布前三季业绩预告，预计实现净利润6100.00万元至6600.00万元，变动区间 为-49.32%~-45.16%。（数据宝） 证券时报·数据宝统计，截至发稿，耐普矿机收盘价为30.10元，上涨1.42%，本期筹码集中以来股价累 计上涨6.70%。具体到各交易日，4次上涨，3次下跌。 公司发布的半年报数据显示，上半年公司共实现营业收入4.13亿元，同比下降34.04%，实现净利润 1698.56万元，同比下降79.86%，基本每股收益为0.1028元，加权平均净资产收益率1.01%。 耐普矿机10月21日披露，截至10月20日公司股东户数为9992户，较上期（10月10日）减少2743户，环比 降幅为21.54%。这已是该公司股东户数连续第2期下降。 （文章来源：证券时报网） ...

Summary of Key Points Core Viewpoint - A total of 168 stocks reported their latest shareholder numbers as of October 20, with 77 showing a decline compared to the previous period, indicating a trend of decreasing shareholder engagement in certain companies [1][3]. Group 1: Shareholder Changes - Among the 168 companies, 11 experienced a decline in shareholder numbers exceeding 5% [3]. - The largest decrease was observed in Taihe Co., with a drop of 22.36% to 12,899 shareholders, alongside a cumulative decline of 5.87% in stock price since the concentration of shares [3]. - Nepean Mining also saw a significant decrease of 21.54% in shareholder numbers, totaling 9,992, while its stock price increased by 6.70% during the same period [3]. Group 2: Market Performance - The average performance of concentrated stocks since October 1 showed a decline of 0.66%, underperforming the Shanghai Composite Index, which rose by 0.86% [2]. - Among the stocks with a decline in shareholder numbers over 5%, Jingquan Hua had the highest increase in stock price, rising by 33.66% since October 1 [2]. Group 3: Industry Insights - The concentrated stocks are primarily from the machinery, electronics, and basic chemicals sectors, with 13, 7, and 7 companies respectively [3]. - The latest concentrated stock performance indicates that the machinery sector is particularly active, with several companies showing notable stock price movements [4]. Group 4: Earnings Forecasts - Among the concentrated stocks, Huangsanghuan reported the highest net profit growth of 28.59% year-on-year [4]. - Three companies provided earnings forecasts, with Nanguang Energy expecting a net profit increase of 125.08% [4].

Core Viewpoint - The company Nepe Mining Machine (耐普矿机) has experienced a significant decline in net profit despite a rapid increase in contract signing amounts, primarily due to the absence of EPC project revenue in 2025 [1][2][4]. Financial Performance - For the first three quarters of 2025, the company expects a net profit attributable to shareholders of 61 million to 66 million yuan, a year-on-year decrease of 45.16% to 49.32% [2][3]. - The company's operating revenue for the first half of 2025 was 413 million yuan, down 34.04% year-on-year, with a net profit of approximately 16.99 million yuan, a decline of 79.86% [3][4]. - In contrast, the company reported a net profit of 120 million yuan and a non-recurring net profit of 117 million yuan for the first three quarters of 2024, reflecting a year-on-year growth of 48.78% and 70.90% respectively [2][3]. Contract Signing and Market Expansion - The total contract signing amount for the first three quarters of 2025 increased by 32.21% year-on-year, with a remarkable 80.42% growth in the third quarter alone [1][5]. - The company has made significant strides in international markets, with foreign contract signing amounts growing by 114.30% in the third quarter [5][6]. Revenue Sources and Client Relationships - The overseas market has become a crucial revenue source for the company, accounting for 67.61% and 54.88% of total revenue in 2024 and the first half of 2025, respectively [6]. - The company has established stable partnerships with well-known mining companies such as CITIC Heavy Industries, Zijin Mining, and Jiangxi Copper Group [6]. Challenges and Concerns - The absence of EPC project revenue, which contributed over 200 million yuan in the previous year, has significantly impacted net profit [4][5]. - The company's asset scale is relatively small, with total assets of 2.889 billion yuan as of June 2025, and liquidity is not robust, with cash holdings of 571 million yuan against interest-bearing liabilities of 628 million yuan [7]. - Research and development investment remains low, with R&D expenditures of 28 million, 35 million, and 39 million yuan from 2022 to 2024, representing only about 3.48% of operating revenue in 2024 [7].

Group 1 - The core point of the article is that Nepean Mining Machinery (300818) reported a total of 12,735 shareholders as of October 10, 2025 [1]

Summary of Key Points Core Viewpoint - The recent data indicates a significant decline in the number of shareholders for many companies, with 190 out of 417 companies reporting a decrease in shareholder count as of October 10, compared to the previous period [1][4]. Group 1: Shareholder Count Changes - A total of 417 companies disclosed their shareholder counts as of October 10, with 190 showing a decrease compared to September 30 [4]. - The company with the largest decline in shareholder count is Hengshuai Co., with a decrease of 11.32% to 8,956 shareholders [4]. - Donghua Technology reported a 10.83% drop in shareholder count, bringing the total to 38,700 [4]. Group 2: Stock Performance - Among the stocks with a decline in shareholder count, Jingquanhua saw the highest increase in stock price, rising by 52.23% since September 21 [3]. - The average performance of concentrated stocks since October 1 has been a decline of 0.31%, with 29% of these stocks outperforming the Shanghai Composite Index [2][4]. Group 3: Industry Insights - The industries with the most concentrated stocks include machinery, electronics, and computers, with 26, 24, and 16 stocks respectively [4]. - The latest concentrated stocks include Hengshuai Co. (automotive), Donghua Technology (construction decoration), and Huazi Technology (power equipment), all showing varying degrees of stock performance [5].

Core Insights - The company has reported a significant improvement in its performance outlook for the first three quarters of 2025, indicating a turning point in profitability with expected net profit growth of 22% to 36% in Q3 2025 compared to the previous year [1][2]. Financial Performance - For the first three quarters of 2025, the company anticipates a net profit attributable to shareholders of between 61 million to 66 million yuan, reflecting a year-on-year decline of 49% to 45% due to the absence of EPC project revenue, which was 200 million yuan in H1 2024 [1]. - In Q3 2025, the expected net profit is projected to be between 44.01 million to 49.01 million yuan, marking a year-on-year increase of 22% to 36% [2]. Order Growth and Market Position - The company has experienced a substantial increase in order contracts, with a year-on-year growth of 32% in the first three quarters of 2025, including a 12% increase domestically and a 51% increase internationally. In Q3 2025 alone, contract signing surged by 80%, with domestic orders up by 48% and international orders up by 114% [3]. - The company is strategically enhancing its position in the upstream copper and gold mining sector by acquiring a 22.5% stake in Swiss company Virdis Resources, which will secure development rights for the Alacran copper-gold-silver mine, thereby boosting demand for traditional mineral processing equipment and spare parts [3]. Spare Parts Business Growth - The spare parts market is poised for long-term growth due to increasing consumption of wear-resistant parts driven by rising copper production and declining ore grades. The global copper production is expected to grow at a CAGR of 2.7% from 2018 to 2027, while the average copper ore grade has decreased from 0.79% in 2000 to 0.43% in 2021 [4]. - The penetration rate of rubber wear-resistant parts is expected to continue rising, as rubber parts offer better wear resistance, longer lifespan, and lighter weight compared to metal parts. The trend towards larger grinding mills is likely to further enhance the adoption of rubber parts, positioning the company as a leader in this segment [4]. - The company is also expanding into the cylinder market, having established trial collaborations with several clients for forged composite liners, indicating significant growth potential in this area [4]. Investment Outlook - The company is positioned as a leading player in the mineral processing equipment sector, benefiting from overseas demand and product diversification. Revenue projections for 2025 to 2027 are 980 million, 1.28 billion, and 1.58 billion yuan, with year-on-year growth rates of -12%, 30%, and 24% respectively. Net profit forecasts for the same period are 90 million, 130 million, and 190 million yuan, with growth rates of -26%, 48%, and 48% respectively. The CAGR from 2024 to 2027 is estimated at 17%, with corresponding P/E ratios of 55, 37, and 25 times [4].

Group 1 - The core point of the news is that Nep Mining Machinery's stock price increased by 5.74% to 31.85 CNY per share, with a trading volume of 155 million CNY and a turnover rate of 4.64%, resulting in a total market capitalization of 5.375 billion CNY [1] - Nep Mining Machinery, established on October 14, 2005, and listed on February 12, 2020, is located in Shangrao Economic and Technological Development Zone, Jiangxi Province. The company specializes in the research, production, sales, and service of heavy mining equipment and wear-resistant parts [1] - The main revenue composition of Nep Mining Machinery includes: 71.25% from rubber wear parts, 14.05% from metal parts, 10.44% from mineral processing equipment, 3.69% from mining pipelines, and 0.57% from other sources [1] Group 2 - From the perspective of major fund holdings, one fund under China Merchants Fund has a significant position in Nep Mining Machinery. The fund, China Merchants Fengkai Mixed A (002581), increased its holdings by 600 shares in the second quarter, bringing the total to 7,700 shares, which accounts for 1.9% of the fund's net value, ranking as the ninth largest holding [2] - As of the latest data, China Merchants Fengkai Mixed A has a total asset size of 3.2339 million CNY, with a year-to-date return of 21.57%, ranking 3,878 out of 8,161 in its category, and a one-year return of 22.87%, ranking 3,418 out of 8,015 [2]