证券代码：300865 证券简称：大宏立 公告编号：2025-073 成都大宏立机器股份有限公司 第五届董事会第三次会议决议公告 董事会认为，公司《2025 年第三季度报告》的编制和审议程序符合相关法 律法规及《公司章程》的规定，内容和格式符合中国证监会和深圳证券交易所等 相关部门的各项规定，所包含的信息公允、全面、真实地反映了公司本报告期的 财务状况和经营成果等事项，公司 2025 年第三季度报告所披露的信息真实、准 确、完整，不存在任何虚假记载、误导性陈述或重大遗漏。 本议案已经公司第五届董事会审计委员会第二次会议审议通过。 具体详见公司同日在巨潮资讯网（http://www.cninfo.com.cn）披露的《2025 年第三季度报告》（公告编号：2025-074）。 本议案表决结果：6 票同意，0 票反对，0 票弃权，议案获得通过。 本公司及董事会全体成员保证信息披露的内容真实、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 成都大宏立机器股份有限公司（以下简称"公司"）第五届董事会第三次会 议（以下简称"本次会议"）于 2025 年 10 月 23 日在四川省成都市大邑县 ...

成都大宏立机器股份有限公司 2025 年第三季度报告 证券代码：300865 证券简称：大宏立 公告编号：2025-074 成都大宏立机器股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 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 1 成都大宏立机器股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 62,819,225.83 | -40.69% | 24 ...

Core Insights - The specialized equipment sector experienced a slight increase of 0.02% on October 23, with Sai Xiang Technology leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Sector Performance - Notable gainers in the specialized equipment sector included: - Yunjia Technology (002337) with a closing price of 7.02, up 10.03% and a trading volume of 864,300 shares, totaling 596 million yuan [1] - Shihua Machinery (000852) at 9.34, up 10.01% with a trading volume of 2,720,200 shares, totaling 2.531 billion yuan [1] - Shandong Molong (002490) at 9.36, up 9.99% with a trading volume of 1,097,100 shares, totaling 1 billion yuan [1] Capital Flow - The specialized equipment sector saw a net outflow of 2.135 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.673 billion yuan [2] - The capital flow for specific stocks indicated: - He Dung Intelligent (603011) had a net inflow of 1.011 billion yuan from institutional investors, but a net outflow from retail investors [3] - Lingyun Optics (688400) experienced a net inflow of 82.8594 million yuan from institutional investors [3]

Group 1 - The company, Dahongli, reported that as of October 10, 2025, the number of shareholders is 11,677 [2]

Core Insights - The report highlights a significant decline in electricity generation in Sichuan Province, with a total generation of 550.4 billion kilowatt-hours in August 2025, representing a year-on-year decrease of 13.4% [1] - The overall electricity generation from January to August 2025 was 3,357.6 billion kilowatt-hours, showing a slight year-on-year decline of 0.6% [1] - The report categorizes electricity generation by type, noting that thermal power generation increased by 5.6% to 664 billion kilowatt-hours, while hydropower and wind power saw declines of 2.7% and 13% respectively [1] Electricity Generation Breakdown - In the first eight months of 2025, hydropower accounted for 2,489.4 billion kilowatt-hours, making up 74.1% of total generation, with a year-on-year decrease of 2.7% [1] - Wind power generation was recorded at 118.9 billion kilowatt-hours, constituting 3.5% of the total, with a year-on-year decline of 13% [1] - Solar power generation experienced significant growth, reaching 85.29 billion kilowatt-hours, which is 2.5% of the total generation, reflecting a year-on-year increase of 54.6% [1] Industry Context - The report is part of a broader analysis by Zhiyan Consulting, which provides insights into the energy sector in China from 2026 to 2032, focusing on market research and investment prospects [1][2] - The data is derived from the National Bureau of Statistics and is based on large-scale industrial enterprises with annual main business revenues of 20 million yuan or more [2]

Core Insights - The company achieved a revenue of 180 million yuan in the first half of 2025, representing a year-on-year decrease of 8.06% [2] - The net profit attributable to the parent company for the same period was 9.0192 million yuan, down 18.16% year-on-year [2] - The company has distributed a total of 40.377 million yuan in dividends since its A-share listing, with 11.4816 million yuan distributed over the last three years [3] Financing and Trading Activity - On October 14, the company's stock price increased by 0.17%, with a trading volume of 51.8458 million yuan [1] - The financing buy-in amount for the company on the same day was 5.2241 million yuan, while the financing repayment was 4.8349 million yuan, resulting in a net financing buy-in of 389,200 yuan [1] - As of October 14, the total balance of margin trading for the company was 61.7001 million yuan, accounting for 2.13% of its market capitalization, which is above the 80th percentile of the past year [1] Shareholder Information - As of September 30, the number of shareholders for the company was 11,700, a decrease of 1.03% from the previous period [2] - The average number of circulating shares per shareholder increased by 1.04% to 4,794 shares [2] Business Overview - The company, Chengdu Dahongli Machinery Co., Ltd., was established on May 10, 2004, and went public on August 24, 2020 [1] - The main business activities include research, design, manufacturing, and sales of complete crushing and screening equipment, with revenue contributions from crushing equipment (46.41%), parts (26.37%), screening equipment (14.24%), installation and maintenance (10.79%), and others (2.19%) [1]

Core Insights - The report highlights the growth in electricity generation in Sichuan Province, with a total generation of 332.9 billion kWh in April 2025, representing a year-on-year increase of 4.6% [1] - From January to April 2025, the total electricity generation reached 1,390.8 billion kWh, showing a year-on-year growth of 4.1% [1] Generation Breakdown - In the first four months of 2025, thermal power generation was 364.7 billion kWh, accounting for 26.2% of total generation, which is a decrease of 2.1% year-on-year [1] - Hydropower generation was 911.3 billion kWh, making up 65.5% of total generation, with an increase of 8.4% year-on-year [1] - Wind power generation was 78.1 billion kWh, representing 5.6% of total generation, showing a decline of 16.1% year-on-year [1] - Solar power generation reached 36.7 billion kWh, accounting for 2.6% of total generation, with a significant increase of 27.5% year-on-year [1] Industry Context - The data is sourced from the National Bureau of Statistics and compiled by Zhiyan Consulting, which specializes in industry research and consulting services [2] - The report covers large-scale industrial enterprises with annual main business revenues of 20 million yuan or more, ensuring comparability of data across years [2]

Core Viewpoint - The company is closely monitoring major national projects and market demands, aiming to participate in relevant competitions based on its product technology advantages and regional service capabilities [1] Group 1 - The company is actively tracking market demands and cooperation opportunities related to significant national projects [1] - The company emphasizes its commitment to its main business and aims to enhance operational management to deliver better performance for investors [1] - The company is expanding its overseas market presence, although it faces challenges such as environmental differences and lengthy client decision-making processes, which affect order conversion cycles [1]

Group 1 - The company, Dahongli (300865), reported that as of September 10, 2025, the number of shareholders is 12,244 [1]

Core Insights - The company reported a significant decline in net profit by 18.16% year-on-year for the first half of 2025, with total revenue at 180 million yuan, down 8.06% compared to the previous year [1] - The gross profit margin improved to 29.36%, an increase of 5.88% year-on-year, while the net profit margin decreased to 5.05%, down 10.12% year-on-year [1] - The company experienced a substantial increase in operating cash flow per share, which rose by 71.15% to 0.56 yuan [1] Financial Performance Summary - Total revenue for the first half of 2025 was 180 million yuan, a decrease of 8.06% from 2024 [1] - Net profit attributable to shareholders was 9.0192 million yuan, down 18.16% year-on-year [1] - The company’s gross profit margin increased to 29.36%, while the net profit margin decreased to 5.05% [1] - Total expenses (selling, administrative, and financial) amounted to 41.7553 million yuan, representing 23.16% of revenue, an increase of 23.18% year-on-year [1] - Earnings per share decreased to 0.09 yuan, down 18.14% from the previous year [1] Cash Flow and Investment Insights - Cash and cash equivalents decreased significantly by 88.86% due to investments in financial products and time deposits that had not been redeemed [3] - The net cash flow from operating activities increased by 71.15%, attributed to better management of cash inflows and outflows [3] - The net cash flow from investing activities decreased by 53.87%, reflecting ongoing investments in financial products [3] Business Evaluation - The company has shown a historical median Return on Invested Capital (ROIC) of 15.94%, but faced a negative ROIC of -3.85% in the worst year of 2023 [4] - The business model appears fragile, with two years of losses since its listing, indicating potential vulnerabilities in its operational strategy [4]