证券代码：300976 证券简称：达瑞电子 公告编号：2025-083 东莞市达瑞电子股份有限公司 关于作废部分限制性股票的公告 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、误导性陈述或者重大遗漏。 东莞市达瑞电子股份有限公司（以下简称"公司"）于 2025 年 10 月 16 日召 开第四届董事会第五次会议，审议通过了《关于作废部分限制性股票的议案》。 现将有关事项说明如下： 一、本激励计划已履行的审批程序 （一）2022 年 9 月 22 日，公司召开第三届董事会第三次会议，审议通过了 《关于公司<2022 年限制性股票激励计划（草案）>及其摘要的议案》《关于公司 <2022 年限制性股票激励计划考核管理办法>的议案》《关于提请股东大会授权董 事会办理公司 2022 年限制性股票激励计划有关事项的议案》《关于召开 2022 年 第一次临时股东大会的议案》，公司独立董事对此发表了同意的独立意见，律师 等中介机构出具相应报告。 （二）2022 年 9 月 22 日，公司召开第三届监事会第三次会议，审议通过了 《关于公司<2022 年限制性股票激励计划（草案）>及其摘要的议案》《关 ...

解除限售条件成就的公告 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、误导性陈述或者重大遗漏。 重要内容提示： 1、符合资格的4名激励对象可申请解除限售的第一类限制性股票共计12.81 万股，约占公司当前总股本的0.10%； 2、本次限制性股票解除限售事宜尚需经有关机构办理手续结束后方可解除 限售，届时公司将另行公告，敬请投资者注意。 证券代码：300976 证券简称：达瑞电子 公告编号：2025-080 东莞市达瑞电子股份有限公司 关于 2022 年限制性股票激励计划第三个解除限售期 东莞市达瑞电子股份有限公司（以下简称"公司"）《2022 年限制性股票激 励计划（草案）》（以下简称"本激励计划"或《激励计划》）规定的第一类限制 性股票第三个解除限售条件已经成就。根据公司 2022 年第一次临时股东大会的 授权，公司于 2025 年 10 月 16 日召开第四届董事会第五次会议，审议通过了《关 于 2022 年限制性股票激励计划第三个解除限售期解除限售条件成就的议案》。符 合资格的 4 名激励对象可申请解除限售的限制性股票共计 12.81 万股。现将有关 事项说明如下： 一、本激 ...

证券代码：300976 证券简称：达瑞电子 公告编号：2025-081 东莞市达瑞电子股份有限公司 关于 2022 年限制性股票激励计划首次授予第三个归属期归 属条件成就的公告 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、误导性陈述或者重大遗漏。 重要内容提示： 1、第二类限制性股票拟归属数量：92.064万股； 2、归属股票来源：公司向激励对象定向发行公司A股普通股股票。 东莞市达瑞电子股份有限公司（以下简称"公司"）《2022 年限制性股票激 励计划（草案）》（以下简称"本激励计划"或《激励计划》）规定的首次授予第二 类限制性股票第三个归属期归属条件已经成就。根据公司 2022 年第一次临时股 东大会的授权，公司于 2025 年 10 月 16 日召开第四届董事会第五次会议，审议 通过了《关于 2022 年限制性股票激励计划首次授予第三个归属期归属条件成就 的议案》。首次授予第二类限制性股票第三个归属期符合归属资格的激励对象共 计 100 人，可归属的第二类限制性股票共计 92.064 万股。现将有关事项说明如 下： 一、本激励计划简述及已履行的审批程序 （一）本激励计划简述 ...

东莞市达瑞电子股份有限公司 关于 2022 年限制性股票激励计划预留授予第二个归属期归 属条件成就的公告 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、误导性陈述或者重大遗漏。 证券代码：300976 证券简称：达瑞电子 公告编号：2025-082 重要内容提示： 1、第二类限制性股票拟归属数量：6.86万股； 2、归属股票来源：公司向激励对象定向发行公司A股普通股股票。 东莞市达瑞电子股份有限公司（以下简称"公司"）《2022 年限制性股票 激励计划（草案）》（以下简称"本激励计划"或《激励计划》）规定的第二类限 制性股票预留授予第二个归属期归属条件已经成就。根据公司 2022 年第一次临 时股东大会的授权，公司于 2025 年 10 月 16 日召开第四届董事会第五次会议， 审议通过了《关于 2022 年限制性股票激励计划预留授予第二个归属期归属条件 成就的议案》。预留授予第二类限制性股票第二个归属期符合归属资格的激励对 象共计 4 人，可归属的第二类限制性股票共计 6.86 万股。现将有关事项说明如 下： 一、本激励计划简述及已履行的审批程序 （一）本激励计划简述 1、激励方 ...

深圳市他山企业管理咨询有限公司 关于东莞市达瑞电子股份有限公司 2022 年限制性股票激励计划调整、第三个解除限售期 解除限售条件成就、首次授予第三个归属期及 预留授予第二个归属期归属条件成就暨 部分限制性股票作废事项的 独立财务顾问报告 二〇二五年十月 | 达瑞电子、本公司、公司 | 指 | 东莞市达瑞电子股份有限公司 | | --- | --- | --- | | 本计划、本激励计划 | 指 | 东莞市达瑞电子股份有限公司 2022 年限制性股票激 | | | | 励计划 | | 第一类限制性股票 | 指 | 根据本激励计划规定的授予条件和授予价格，公司向 | | | | 激励对象授予一定数量的公司股票，该等股票设置一 | | | | 定期限的限售期，在达到本激励计划规定的解除限售 | | | | 条件后，方可解除限售并上市流通 | | 第二类限制性股票 | 指 | 符合本激励计划授予条件的激励对象，在满足相应归 | | | | 属条件后获得一定数量的公司股票 | | 激励对象 | 指 | 拟参与本激励计划的人员 | | 授予日 | 指 | 公司向激励对象授予限制性股票的日期 | | 授予价格 | 指 | ...

上海市锦天城（深圳）律师事务所 关于东莞市达瑞电子股份有限公司 2022 年限制性股票激励计划 调整、解除限售、归属及作废部分限制性股票事项的 法律意见书 地址：深圳市福田中心区福华三路卓越世纪中心 1 号楼 21/22/23 层 电话：0755-82816698 传真：0755-82816898 上海市锦天城（深圳）律师事务所 法律意见书 致：东莞市达瑞电子股份有限公司 上海市锦天城（深圳）律师事务所（以下简称"本所"）接受东莞市达瑞电 子股份有限公司（以下简称"公司"或"达瑞电子"）的委托，就公司 2022 年 限制性股票激励计划（以下简称"本激励计划"、"本次激励计划"）相关事宜 提供专项法律服务。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股权激励管理 办法》（以下简称"《管理办法》"）、《深圳证券交易所创业板股票上市规则》 （以下简称"《上市规则》"）及《深圳证券交易所创业板上市公司自律监管指 南第 1 号——业务办理》（以下简称"《业务办理指南》"）等有关法律、法规、 规范性文件及《东莞市达瑞电子股份有限公司章程 ...

东莞市达瑞电子股份有限公司 董事会薪酬与考核委员会关于 2022 年限制性股票激励计划 相关事项的核查意见 东莞市达瑞电子股份有限公司（以下简称"公司"）董事会薪酬与考核委员 会依据《中华人民共和国公司法》（以下简称《公司法》）、《中华人民共和国证券 法》（以下简称《证券法》）、《上市公司股权激励管理办法》《深圳证券交易所创 业板股票上市规则》（以下简称《上市规则》）、《深圳证券交易所创业板上市公司 自律监管指南第1号——业务办理》和《2022年限制性股票激励计划（草案）》（以 下简称"本激励计划"或《激励计划》）、《东莞市达瑞电子股份有限公司章程》 （以下简称《公司章程》）等有关规定，对《激励计划》相关事项进行了核查， 发表核查意见如下： 三、关于预留授予第二个归属期激励对象名单的核查意见 除1名激励对象已离职而不符合归属条件之外，本次可归属的4名激励对象符 合《公司法》《证券法》《公司章程》等规定的任职资格，符合《上市规则》、公 司《激励计划》规定的激励对象条件，符合本激励计划规定的激励对象范围，主 体资格合法、有效。《激励计划》第二类限制性股票预留授予第二个归属期的归 属条件已成就。 综上，董事会薪酬与 ...

证券代码：300976 证券简称：达瑞电子 公告编号：2025-078 东莞市达瑞电子股份有限公司 第四届董事会第五次会议决议公告 具体内容详见公司同日披露于巨潮资讯网（www.cninfo.com.cn）的《2025 年第三季度报告》。 表决结果：5 票同意，0 票反对，0 票弃权。 2、审议通过《关于调整 2022 年限制性股票激励计划授予价格及授予数量 的议案》 鉴于公司已公告实施 2023 年年度权益分派、2024 年前三季度权益分派及 2024 年年度权益分派，根据《上市公司股权激励管理办法》《2022 年限制性股票 激励计划（草案）》的相关规定，及 2022 年第一次临时股东大会的授权，董事会 同意 2022 年限制性股票激励计划的第二类限制性股票授予价格（含预留）由 24.35 元/股调整为 16.45 元/股，第二类限制性股票首次授予数量（已授予但尚未 归属部分）由 81.30 万股调整为 113.82 万股，预留授予数量（已授予但尚未归属 部分）由 5.90 万股调整为 8.26 万股。 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、误导性陈述或者重大遗漏。 一、 ...

达瑞电子公告，第三季度营收为8.73亿元，同比增长29.48%；净利润为9894.21万元，同比增长 28.92%。前三季度营收为22.78亿元，同比增长28.59%；净利润为2.31亿元，同比增长26.84%。 ...

I. Key Financial Data [Key Accounting Data and Financial Indicators](index=2&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) The company achieved significant Q3 and year-to-date growth in operating revenue and net profit, with operating cash flow increasing substantially and total assets and equity growing steadily | Indicator | Current Reporting Period (Yuan) | Prior Year Same Period (Adjusted) (Yuan) | Change from Prior Year Same Period | Year-to-Date (Yuan) | Prior Year Same Period (Adjusted) (Yuan) | Change from Prior Year Same Period (YTD) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 873,463,526.00 | 674,579,638.97 | 29.48% | 2,278,362,203.67 | 1,771,844,933.56 | 28.59% | | Net Profit Attributable to Shareholders | 98,942,071.42 | 76,749,760.51 | 28.92% | 231,024,308.23 | 182,144,364.34 | 26.84% | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | 94,356,216.73 | 72,196,253.74 | 30.69% | 216,954,779.76 | 163,098,691.19 | 33.02% | | Net Cash Flow from Operating Activities | - | - | - | 142,891,959.48 | 80,531,894.29 | 77.44% | | Basic Earnings Per Share (Yuan/share) | 0.75 | 0.58 | 29.31% | 1.75 | 1.37 | 27.74% | | Diluted Earnings Per Share (Yuan/share) | 0.75 | 0.58 | 29.31% | 1.75 | 1.37 | 27.74% | | Weighted Average Return on Net Assets | 2.84% | 2.32% | 0.52% | 6.69% | 5.56% | 1.13% | | **End of Current Reporting Period** | **Prior Year End (Adjusted)** | **Change from Prior Year End** | | | | | Total Assets | 4,327,185,670.40 | 4,173,494,700.79 | 3.68% | | | | | Total Equity Attributable to Shareholders | 3,524,472,379.94 | 3,409,778,271.52 | 3.36% | | | | - On June 6, 2025, the company implemented a profit distribution plan, converting capital reserves into shares at a ratio of 4 shares for every 10 shares held, increasing total share capital to **133,114,976 shares**, and recalculating EPS for Jan-Sep and Jul-Sep 2024 based on the new share capital[5](index=5&type=chunk) [Non-Recurring Gains and Losses Items and Amounts](index=3&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%20%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) The company's non-recurring gains and losses for the period and year-to-date totaled **4.59 million Yuan** and **14.07 million Yuan**, primarily from entrusted investments and government grants | Item | Current Reporting Period Amount (Yuan) | Year-to-Date Amount (Yuan) | Description | | :--- | :--- | :--- | :--- | | Gains/Losses on Disposal of Non-Current Assets | 36,792.20 | 10,113.92 | | | Government Grants Recognized in Current Profit/Loss | 951,954.73 | 1,920,095.06 | | | Gains/Losses from Entrusted Investments or Asset Management | 4,202,034.64 | 13,539,092.43 | Primarily interest income from wealth management products in the current period | | Other Non-Operating Income and Expenses Excluding the Above | -108,035.21 | -469,617.32 | | | Other Items Meeting the Definition of Non-Recurring Gains/Losses | 413,947.01 | 1,559,354.42 | Primarily individual income tax refund handling fees and VAT additional deductions | | Less: Income Tax Impact | 890,780.63 | 2,470,893.85 | | | Impact on Minority Interests (After Tax) | 20,058.05 | 18,616.19 | | | **Total** | **4,585,854.69** | **14,069,528.47** | -- | [Changes and Reasons for Major Accounting Data and Financial Indicators](index=3&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%20%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E5%8F%91%E7%94%9F%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%8E%9F%E5%9B%A0) Significant changes in balance sheet, income statement, and cash flow items were driven by business growth, investments, capital operations, and exchange rate fluctuations [Significant Changes and Explanations for Balance Sheet Items](index=3&type=section&id=1%E3%80%81%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8%E9%A1%B9%E7%9B%AE%E5%A4%A7%E5%B9%85%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5%E5%92%8C%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) | Item | September 30, 2025 (Yuan) | January 1, 2025 (Yuan) | Change Percentage | | :--- | :--- | :--- | :--- | | Receivables Financing | 176,999,546.91 | 81,872,100.32 | 116.19% | | Notes Receivable | 31,453,572.09 | 45,640,625.68 | -31.08% | | Prepayments | 6,873,367.71 | 3,039,897.57 | 126.11% | | Other Receivables | 12,019,119.99 | 9,213,866.25 | 30.45% | | Non-Current Assets Due Within One Year | 88,582,388.96 | 55,737,615.91 | 58.93% | | Other Current Assets | 219,877,057.18 | 358,576,970.84 | -38.68% | | Other Non-Current Financial Assets | 161,373,129.68 | 124,034,428.21 | 30.10% | | Fixed Assets | 923,764,710.53 | 629,596,855.85 | 46.72% | | Construction in Progress | 60,282,035.90 | 320,031,955.98 | -81.16% | | Long-Term Equity Investments | 15,000,000.00 | - | Significant Growth | | Other Non-Current Assets | 25,304,781.48 | 95,237,969.79 | -73.43% | | Short-Term Borrowings | 49,880,436.01 | - | Significant Growth | | Contract Liabilities | 3,802,016.61 | 875,273.76 | 334.38% | | Other Current Liabilities | 20,699,071.91 | 34,935,049.85 | -40.75% | | Share Capital | 133,114,976.00 | 95,377,100.00 | 39.57% | | Treasury Stock | 50,724,320.11 | 33,810,183.75 | 50.03% | | Other Comprehensive Income | -1,331,605.26 | 80,628.99 | -1751.52% | - Receivables financing increased by **116.19%**, primarily due to an increase in customer payments settled with high-credit bank acceptance bills at the end of the reporting period[8](index=8&type=chunk) - Fixed assets increased by **46.72%**, mainly due to the transfer of construction in progress for Darui New Materials and Intelligent Equipment Headquarters Phase II to fixed assets[9](index=9&type=chunk) - Share capital increased by **39.57%**, primarily due to the conversion of capital reserves into share capital during the reporting period[9](index=9&type=chunk) [Significant Changes and Explanations for Income Statement Items](index=4&type=section&id=2%E3%80%81%E5%88%A9%E6%B6%A6%E8%A1%A8%E9%A1%B9%E7%9B%AE%E5%A4%A7%E5%B9%85%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5%E5%92%8C%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) | Item | Jan-Sep 2025 (Yuan) | Jan-Sep 2024 (Yuan) | Change Percentage | | :--- | :--- | :--- | :--- | | Operating Revenue | 2,278,362,203.67 | 1,771,844,933.56 | 28.59% | | Operating Cost | 1,751,822,526.94 | 1,334,942,528.01 | 31.23% | | Taxes and Surcharges | 14,583,220.79 | 9,194,202.82 | 58.61% | | Financial Expenses | -3,348,529.83 | -10,734,236.31 | 68.81% | | Investment Income | 8,761,251.37 | 15,444,582.22 | -43.27% | | Asset Impairment Losses | -544,589.15 | -14,882,377.71 | 96.34% | | Non-Operating Income | 416,601.83 | 1,401,888.88 | -70.28% | | Non-Operating Expenses | 906,661.30 | 584,310.17 | 55.17% | | Income Tax Expense | 39,510,897.99 | 26,127,154.10 | 51.23% | - Operating revenue increased by **28.59%**, primarily due to increased revenue from structural components for electronic products and structural and functional components for new energy businesses[10](index=10&type=chunk) - Financial expenses changed by **68.81%**, mainly due to increased exchange losses and decreased fund management income[11](index=11&type=chunk) - Investment income decreased by **43.27%**, primarily due to reduced income from wealth management products[11](index=11&type=chunk) [Significant Changes and Explanations for Cash Flow Statement Items](index=5&type=section&id=3%E3%80%81%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8%E9%A1%B9%E7%9B%AE%E5%A4%A7%E5%B9%85%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5%E5%92%8C%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) | Item | Jan-Sep 2025 (Yuan) | Jan-Sep 2024 (Yuan) | Change Percentage | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 142,891,959.48 | 80,531,894.29 | 77.44% | | Net Cash Flow from Investing Activities | -58,939,284.21 | -492,308,212.73 | 88.03% | | Net Cash Flow from Financing Activities | -105,374,025.90 | -72,906,757.67 | -44.53% | - Net cash flow from operating activities increased by **77.44%**, primarily due to increased cash received from sales of goods[12](index=12&type=chunk) - Net cash flow from investing activities changed by **88.03%**, primarily due to a decrease in funds used for cash management[12](index=12&type=chunk) - Net cash flow from financing activities decreased by **44.53%**, primarily due to increased dividend distribution[12](index=12&type=chunk) II. Shareholder Information [Total Number of Common Shareholders, Preferred Shareholders with Restored Voting Rights, and Top Ten Shareholders' Holdings](index=5&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E6%99%AE%E9%80%9A%E8%82%A1%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%92%8C%E8%A1%A8%E5%86%B3%E6%9D%83%E6%81%A2%E5%A4%8D%E7%9A%84%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%95%B0%E9%87%8F%E5%8F%8A%E5%89%8D%E5%8D%81%E5%90%8D%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) As of the reporting period end, the company had **13,458** common shareholders; Li Qingping and his concerted parties are the controlling shareholders, with **1.32 million** shares held in the company's repurchase account - Total number of common shareholders at the end of the reporting period: **13,458**[14](index=14&type=chunk) | Shareholder Name | Shareholder Nature | Shareholding Percentage | Number of Shares Held | | :--- | :--- | :--- | :--- | | Li Qingping | Domestic Natural Person | 35.24% | 46,913,580 | | Li Dongping | Domestic Natural Person | 12.50% | 16,635,812 | | Luoyang Jingding Enterprise Management Partnership (Limited Partnership) | Domestic Non-State-Owned Legal Person | 6.63% | 8,820,000 | | Fu Xuelin | Domestic Natural Person | 5.44% | 7,244,771 | | Li Yumei | Domestic Natural Person | 3.06% | 4,077,896 | - The company's controlling shareholder is Li Qingping, and the actual controllers are Li Qingping and Deng Ruiwen (couple); Li Dongping, Li Yumei, Luoyang Jingding Enterprise Management Partnership (Limited Partnership), and Luoyang Jingding Erhao Enterprise Management Partnership (Limited Partnership) are concerted parties of the controlling shareholder and actual controllers[15](index=15&type=chunk) - At the end of the reporting period, the company's dedicated share repurchase account held **1,316,309 shares** of the company[15](index=15&type=chunk) [Total Number of Preferred Shareholders and Top 10 Preferred Shareholders' Holdings](index=7&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%20%E5%85%AC%E5%8F%B8%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%8F%8A%E5%89%8D%2010%20%E5%90%8D%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) The company has no preferred shareholders - The company has no preferred shareholders[17](index=17&type=chunk) [Changes in Restricted Shares](index=7&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%20%E9%99%90%E5%94%AE%E8%82%A1%E4%BB%BD%E5%8F%98%E5%8A%A8%E6%83%85%E5%86%B5) During the reporting period, the company's total restricted shares increased from **34,229,567** at the beginning to **47,904,944** at the end, primarily due to an increase in executive lock-up shares and equity incentive restricted shares | Shareholder Name | Restricted Shares at Beginning of Period | Shares Unrestricted in Current Period | Shares Restricted in Current Period | Restricted Shares at End of Period | Reason for Restriction | | :--- | :--- | :--- | :--- | :--- | :--- | | Li Qingping | 25,132,275 | 0 | 10,052,910 | 35,185,185 | Executive Lock-up Shares | | Li Dongping | 8,912,042 | 0 | 3,564,817 | 12,476,859 | Executive Lock-up Shares | | Total | 34,229,567 | 46,125 | 13,721,502 | 47,904,944 | -- | - The increase in restricted shares primarily resulted from executive lock-up shares and equity incentive restricted shares[17](index=17&type=chunk) III. Other Significant Matters [Share Repurchase](index=7&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%E5%9B%9E%E8%B4%AD%E5%85%AC%E5%8F%B8%E8%82%A1%E4%BB%BD) The board approved a share repurchase plan of **30-50 million Yuan** for equity incentives or employee stock plans, with **283,900 shares** (0.21% of total capital) repurchased for **17.01 million Yuan** - The company plans to repurchase shares totaling no less than **30 million Yuan** and no more than **50 million Yuan**, for equity incentive plans or employee stock ownership plans[18](index=18&type=chunk) | Indicator | Data | | :--- | :--- | | Accumulated Repurchased Shares | 283,900 shares | | Percentage of Total Share Capital | 0.21% | | Highest Transaction Price | 60.00 Yuan/share | | Lowest Transaction Price | 59.48 Yuan/share | | Total Transaction Amount | 17,007,311.73 Yuan | [Strategic Acquisition of Weiside](index=8&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%E6%88%98%E7%95%A5%E5%B9%B6%E8%B4%AD%E7%BB%B4%E6%96%AF%E5%BE%B7) The company plans to acquire an **80%** stake in Weiside, a key supplier for foldable phones, to enhance composite material solutions for high-end consumer electronics and AI hardware, and to expand into new high-demand sectors - The company plans to subscribe to Weiside's increased registered capital with **30 million Yuan** of its own funds and acquire equity for **134 million Yuan**, ultimately holding an **80%** stake in Weiside[19](index=19&type=chunk) - Weiside is a key supplier of carbon fiber composite structural components (door panels, bamboo books) for leading global foldable smartphone brands like Huawei and Samsung[20](index=20&type=chunk) - Post-acquisition, the company will offer comprehensive composite material solutions (glass fiber, carbon fiber, light alloys) from material formulation to mass production, meeting lightweight and complex performance integration demands for high-end consumer electronics and emerging AI hardware like AI glasses and XR devices[20](index=20&type=chunk) - Weiside is actively expanding its technological applications, with initial applications in brain-computer interfaces, laying the foundation for future expansion into high-demand sectors such as low-altitude economy and robotics[20](index=20&type=chunk) [Investment in Artificial Intelligence Fund](index=8&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%E6%8A%95%E8%B5%84%E4%BA%BA%E5%B7%A5%E6%99%BA%E8%83%BD%E5%9F%BA%E9%87%91) The company's subsidiary invested **42 million Yuan** in an AI venture fund to strategically deploy in hard-tech projects synergistic with its core business, including humanoid and special robots - The company's wholly-owned subsidiary invested **42 million Yuan** of its own funds in Shenzhen Zhuoyuan Darui Artificial Intelligence Venture Capital Partnership (Limited Partnership)[21](index=21&type=chunk) - The investment aims to leverage the advantages of professional investment institutions for forward-looking deployment in hard-tech projects synergistic with the company's main business[21](index=21&type=chunk) - The AI fund has invested in projects such as Songyan Power (Beijing) Technology Co., Ltd. (humanoid robots) and Zhiyou Wujie (Shenzhen) Intelligent Technology Co., Ltd. (special robots)[21](index=21&type=chunk) IV. Quarterly Financial Statements [Financial Statements](index=8&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section presents the company's consolidated balance sheet (Q3 2025), income statement (YTD), and cash flow statement (YTD), detailing its financial position, operating results, and cash flows [Consolidated Balance Sheet](index=8&type=section&id=1%E3%80%81%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) - As of September 30, 2025, the company's total assets were **4,327,185,670.40 Yuan**, representing a **3.68%** increase from the beginning of the period[25](index=25&type=chunk) - Total current assets amounted to **2,961,252,124.99 Yuan**, and total non-current assets were **1,365,933,545.41 Yuan**[24](index=24&type=chunk)[25](index=25&type=chunk) - Total liabilities were **791,573,122.47 Yuan**, and total owners' equity was **3,535,612,547.93 Yuan**[25](index=25&type=chunk) [Consolidated Income Statement for Year-to-Date](index=10&type=section&id=2%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E5%88%A9%E6%B6%A6%E8%A1%A8) - From January to September 2025, the company achieved total operating revenue of **2,278,362,203.67 Yuan**, a **28.59%** year-over-year increase[27](index=27&type=chunk) - Net profit attributable to parent company shareholders was **231,024,308.23 Yuan**, increasing by **26.84%** year-over-year[28](index=28&type=chunk) - Both basic and diluted earnings per share were **1.75 Yuan**[29](index=29&type=chunk) [Consolidated Cash Flow Statement for Year-to-Date](index=12&type=section&id=3%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) - From January to September 2025, net cash flow from operating activities was **142,891,959.48 Yuan**, a **77.44%** year-over-year increase[31](index=31&type=chunk) - Net cash flow from investing activities was **-58,939,284.21 Yuan**, representing an **88.03%** decrease in outflow compared to the prior year[31](index=31&type=chunk) - Net cash flow from financing activities was **-105,374,025.90 Yuan**, an increase in outflow of **44.53%** compared to the prior year[31](index=31&type=chunk) [Adjustments to Financial Statement Items at the Beginning of the First Year of Adopting New Accounting Standards from 2025](index=13&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%202025%20%E5%B9%B4%E8%B5%B7%E9%A6%96%E6%AC%A1%E6%89%A7%E8%A1%8C%E6%96%B0%E4%BC%9A%E8%AE%A1%E5%87%86%E5%88%99%E8%B0%83%E6%95%B4%E9%A6%96%E6%AC%A1%E6%89%A7%E8%A1%8C%E5%BD%93%E5%B9%B4%E5%B9%B4%E5%88%9D%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E7%9B%B8%E5%85%B3%E9%A1%B9%E7%9B%AE%E6%83%85%E5%86%B5) The company did not adopt new accounting standards for the first time in 2025, thus no adjustments to financial statement items at the beginning of the first year of adoption are required - The company is not subject to adjustments for financial statement items at the beginning of the first year of adopting new accounting standards from 2025[32](index=32&type=chunk) [Audit Report](index=14&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%20%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) The company's Q3 2025 financial accounting report is unaudited - The company's Q3 financial accounting report is unaudited[33](index=33&type=chunk)