Core Insights - Zhongchen Co., Ltd. (300933.SZ) released its Q3 2025 report, indicating that as of October 28, 2025, five institutional investors held a total of 233 million A-shares, accounting for 43.61% of the company's total share capital. This represents a decrease of 5.03 percentage points compared to the previous quarter [1] Institutional Holdings - The institutional investors include Zhongchen Holdings Limited, J.P. Morgan Securities PLC - proprietary funds, Goldman Sachs International - proprietary funds, CITIC Securities Asset Management (Hong Kong) Limited - client funds, and Yixing Runbang Investment Consulting Co., Ltd. [1] - The total proportion of institutional holdings decreased by 5.03 percentage points compared to the last quarter [1] Public Fund Activity - In this period, 21 public funds were disclosed that were not reported in the previous quarter, including Guojin Quantitative Multi-Factor A, Xinhua Active Value Flexible Allocation Mixed A, CSI 2000, Guojin Quantitative Selection A, and Wanji CSI 1000 Index Enhanced A [1] Foreign Investment - Three new foreign institutions disclosed their holdings this quarter, including J.P. Morgan Securities PLC - proprietary funds, Goldman Sachs International - proprietary funds, and CITIC Securities Asset Management (Hong Kong) Limited - client funds [1] - The foreign institution BARCLAYS BANK PLC was not disclosed in this quarter compared to the previous one [1]

Core Viewpoint - Zhongchen Co., Ltd. (300933.SZ) reported a decline in revenue and net profit for the first three quarters of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company's operating revenue for the first three quarters was 2.211 billion yuan, a year-on-year decrease of 2.86% [1] - The net profit attributable to shareholders of the listed company was 30.9587 million yuan, down 35.09% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 11.399 million yuan, reflecting a significant decrease of 71.66% year-on-year [1] - Basic earnings per share were reported at 0.065 yuan [1]

Company Performance - Zhongchen Co., Ltd. reported a revenue of approximately 2.211 billion yuan for the first three quarters of 2025, representing a year-on-year decrease of 2.86% [1] - The net profit attributable to shareholders of the listed company was approximately 30.96 million yuan, down 35.09% year-on-year [1] - The basic earnings per share were 0.065 yuan, reflecting a year-on-year decrease of 37.5% [1] Market Context - As of the report, Zhongchen Co., Ltd. has a market capitalization of 5.3 billion yuan [2] - The A-share market has recently surpassed 4000 points, indicating a significant market rebound after a decade of stagnation, with a new "slow bull" market pattern emerging [2]

证券代码：300933 证券简称：中辰股份 公告编号：2025-107 为使广大投资者全面了解公司的经营成果、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 29 日 在 巨 潮 资 讯 网 （http://www.cninfo.com.cn）披露，敬请投资者注意查阅。 特此公告。 中辰电缆股份有限公司 董事会 2025 年 10 月 29 日 中辰电缆股份有限公司 关于 2025 年第三季度报告披露的提示性公告 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。 2025 年 10 月 28 日，中辰电缆股份有限公司（以下简称"公司"）召开了 第四届董事会第五次会议，审议通过了《关于公司<2025 年第三季度报告>的议 案》。 ...

Financial Performance - The company's revenue for Q3 2025 was ¥728,993,387.76, a decrease of 18.16% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥12,867,389.63, down 17.91% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥1,901,425.36, a significant drop of 87.95%[5]. - The basic earnings per share for the period was ¥0.0261, reflecting a decline of 23.68% compared to the previous year[5]. - Total operating revenue for the current period is CNY 2,211,325,163.38, a decrease of 2.86% from CNY 2,276,397,554.71 in the previous period[21]. - Net profit for the current period is CNY 26,612,362.13, a decline of 48.54% compared to CNY 51,707,142.96 in the previous period[22]. - Earnings per share for the current period is CNY 0.065, down from CNY 0.104 in the previous period[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,325,548,143.57, representing a 1.05% increase from the end of the previous year[5]. - Total assets increased to CNY 4,325,548,143.57 from CNY 4,280,408,101.49, reflecting a growth of 1.05%[19]. - Total liabilities decreased to CNY 2,217,938,528.18 from CNY 2,582,930,620.00, a reduction of 14.14%[19]. - The company's equity attributable to shareholders increased by 24.93% to ¥2,076,813,814.93 compared to the end of the previous year[5]. - Total equity increased to CNY 2,107,609,615.39 from CNY 1,697,477,481.49, representing a growth of 24.14%[19]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥82,838,889.10, but improved by 60.40% compared to the same period last year[5]. - Operating cash flow for the current period is -82,838,889.10 CNY, an improvement from -209,211,817.97 CNY in the previous period[23]. - Financing activities generated a net cash flow of 126,659,804.70 CNY, significantly improving from 10,763,680.01 CNY in the previous period[24]. Investments and Borrowings - The company reported a significant increase in investment income of 253.90%, amounting to ¥19,927,663.02, primarily due to the increase in the time value of options in hedging tools[11]. - Long-term borrowings rose by 185.09% to ¥115,430,942.48, attributed to new long-term project loans[10]. - Long-term borrowings rose to CNY 115,430,942.48 from CNY 40,490,000.00, an increase of 185.57%[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,038[13]. - The largest shareholder, Zhongchen Holdings Co., Ltd., holds 41.88% of the shares, totaling 223,750,000 shares[13]. - The total number of preferred shareholders is zero, indicating no preferred shares are outstanding[15]. Inventory and Receivables - Accounts receivable decreased to ¥1,447,396,640.03 from ¥1,514,968,880.69[17]. - Inventory increased to ¥991,415,765.89 from ¥932,291,155.95[17]. Meetings and Corporate Actions - The company plans to hold a second extraordinary general meeting on July 28, 2025, to elect the fourth board of directors[15]. - The company has approved the early redemption of convertible bonds to reduce financial costs, as the stock price exceeded 130% of the conversion price[16].

| 证券代码：300933 | 证券简称：中辰股份 | 公告编号：2025-105 | | --- | --- | --- | | 债券代码：123147 | 债券简称：中辰转债 | | 中辰电缆股份有限公司 关于中辰转债摘牌的公告 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。 特别提示： 1、可转债赎回日：2025 年 10 月 20 日 2、投资者赎回款到账日：2025 年 10 月 27 日 3、可转债摘牌日：2025 年 10 月 28 日 4、摘牌原因：存续期内可转债全部赎回 一、可转换公司债券发行上市情况 经中国证券监督管理委员会（以下简称"中国证监会"）"证监许可 〔2022〕678 号"同意注册，公司于 2022 年 5 月 31 日向不特定对象发行了 570.5370 万张可转换公司债券，每张面值 100 元，发行总额 57,053.70 万元。发 行方式采用向原股东优先配售，原股东优先配售后余额（含原股东放弃优先配 售部分）通过深圳证券交易所交易系统网上向社会公众投资者发行，认购金额 不足 57,053.70 万元的部分由主承销商余额包销 ...

关于中辰转债赎回结果的公告 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。 一、可转换公司债券发行上市情况 | 证券代码：300933 | 证券简称：中辰股份 | 公告编号：2025-104 | | --- | --- | --- | | 债券代码：123147 债券简称：中辰转债 | | | 中辰电缆股份有限公司 （一）可转债发行情况 经中国证券监督管理委员会（以下简称"中国证监会"）"证监许可 〔2022〕678 号"同意注册，公司于 2022 年 5 月 31 日向不特定对象发行了 570.5370 万张可转换公司债券，每张面值 100 元，发行总额 57,053.70 万元。发 行方式采用向原股东优先配售，原股东优先配售后余额（含原股东放弃优先配 售部分）通过深圳证券交易所交易系统网上向社会公众投资者发行，认购金额 不足 57,053.70 万元的部分由主承销商余额包销。 （二）可转债上市情况 经深圳证券交易所同意，公司本次可转换公司债券于 2022 年 6 月 21 日起 在深圳证券交易所挂牌交易，债券代码为"123147"，债券简称"中辰转 债"。 ...

Core Viewpoint - Zhongchen Co., Ltd. announced that October 17 is the last conversion day for "Zhongchen Convertible Bonds," after which unconverted bonds will be forcibly redeemed at a price of 100.58 yuan per bond, potentially leading to investment losses for investors [1] Summary by Sections - **Announcement Details** - The last conversion day for "Zhongchen Convertible Bonds" is October 17, 2023 [1] - Investors can still convert their bonds before the market closes on October 17 [1] - After the market closes on October 17, unconverted bonds will stop being convertible [1] - **Redemption Information** - Remaining convertible bonds will be forcibly redeemed at a price of 100.58 yuan per bond [1] - Investors may face potential investment losses if their bonds are forcibly redeemed [1] - **Time Sensitivity** - As of the announcement, there is only half a trading day left until the conversion deadline on October 20 [1]

关于中辰转债即将停止转股暨赎回前最后半个交易日的 重要提示性公告 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。 | 证券代码：300933 | 证券简称：中辰股份 | 公告编号：2025-103 | | --- | --- | --- | | 债券代码：123147 | 债券简称：中辰转债 | | 中辰电缆股份有限公司 1、最后转股日：2025 年 10 月 17 日 2025 年 10 月 17 日为"中辰转债"最后一个转股日，当日收市前，持有 "中辰转债"的投资者仍可进行转股，2025 年 10 月 17 日收市后，未实施转股 的"中辰转债"将停止转股，剩余可转债将按照 100.58 元/张的价格被强制赎 回。若被强制赎回，投资者可能面临投资损失。 重要内容提示： 2、债券持有人若转股，需开通创业板交易权限。投资者不符合创业板股票 适当性管理要求的，不能将所持"中辰转债"转换为股票，特提请投资者关注 不能转股的风险。 3、特别提醒"中辰转债"持有人注意在限期内转股。 特别提示： 1、"中辰转债"赎回价格：100.58 元/张（债券面值加当期应计利息，当 ...

Core Viewpoint - Zhongchen Co., Ltd. announced a mandatory redemption of its convertible bonds ("Zhongchen Convertible Bonds") at a price of 100.58 CNY per bond, effective after the market closes on October 17, 2025, for those that have not been converted [1] Summary by Relevant Sections - **Company Announcement** - Zhongchen Co., Ltd. issued a notice regarding the mandatory redemption of its convertible bonds, highlighting the importance for bondholders to convert their bonds before the deadline to avoid potential losses [1] - **Market Context** - The current secondary market price of the Zhongchen Convertible Bonds is significantly different from the redemption price, indicating a potential investment risk for holders who do not convert in time [1]