Company Overview - Dongjian Technology (SZ 300978) announced its third board meeting on October 28, 2025, where it reviewed the proposal for the "2025 Q3 Report" [1] - As of the report, Dongjian Technology has a market capitalization of 4.7 billion yuan [1] Revenue Composition - For the year 2024, Dongjian Technology's revenue composition is as follows: automotive parts account for 98.39%, while other businesses make up 1.61% [1]

证券代码：300978 证券简称：东箭科技 公告编号：2025-043 广东东箭汽车科技股份有限公司 第三届董事会第十四次会议决议公告 与会董事就各项议案进行了审议、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》 表决结果：同意 7 票，反对 0 票，弃权 0 票。 董事会编制和审核公司《2025 年第三季度报告》的程序符合法律、行政法规 和中国证监会的有关规定，报告内容真实、准确、完整地反映了公司 2025 年第三 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。本议案已经公 司董事会审计委员会审议通过。 本公司及董事会全体成员保证信息披露的内容真实、准确、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 广东东箭汽车科技股份有限公司（以下简称"公司"）第三届董事会第十四次 会议于 2025 年 10 月 28 日在公司会议室以现场结合通讯表决的方式召开。本次会 议通知于 2025 年 10 月 23 日以电子邮件等方式向公司全体董事、高级管理人员发 出。会议应出席董事人数 7 人，实际出席董事人数 7 人，其中，董事马永涛先生、 罗军先生以及独 ...

Financial Performance - In Q3 2025, the company reported revenue of ¥531,016,593.29, a decrease of 4.66% year-on-year, and a year-to-date revenue of ¥1,515,837,648.69, down 6.21% compared to the same period last year[5]. - The net profit attributable to shareholders in Q3 2025 was ¥46,637,594.36, an increase of 2.77% year-on-year, while the year-to-date net profit was ¥130,497,531.08, a decrease of 3.53%[5]. - The company achieved a basic earnings per share of ¥0.1103 in Q3 2025, reflecting a year-on-year increase of 2.70%[5]. - Total operating revenue decreased to ¥1,515,837,648.69 from ¥1,616,239,958.00, representing a decline of approximately 6.2% year-over-year[20]. - Net profit for the period was ¥146,447,596.45, slightly up from ¥146,242,525.25, indicating a marginal increase of 0.14% year-over-year[21]. - Earnings per share (EPS) decreased to 0.3087 from 0.3200, reflecting a decline of approximately 3.9% year-over-year[22]. Business Segments - The automotive modification business generated approximately ¥8.01 billion in revenue for the first three quarters, a decrease of about 13.75% year-on-year, with domestic modification revenue down 28.51%[9]. - The automotive pre-installation business reported revenue of approximately ¥6.93 billion, an increase of about 3.07% year-on-year, driven by a 9.21% increase in personalized exterior pre-installation revenue[9]. Cash Flow and Assets - The net cash flow from operating activities increased by 15.73% year-on-year, attributed to ongoing supply chain optimization and effective cost control measures[10]. - The company's cash and cash equivalents decreased to ¥472,621,770.95 from ¥498,856,586.83[17]. - The total current assets amount to ¥1,668,233,452.75, down from ¥1,690,387,135.76[17]. - The company's trading financial assets increased to ¥280,553,861.09 from ¥180,530,502.32, representing a growth of 55.4%[17]. - Accounts receivable decreased to ¥597,319,893.57 from ¥619,923,558.01, a decline of 3.4%[17]. - Operating cash flow for the current period was ¥233,379,609.84, an increase of 15.7% compared to ¥201,653,376.72 in the previous period[23]. - Total cash inflow from investment activities was ¥1,414,154,831.54, significantly up from ¥693,196,481.43 in the previous period[24]. - Net cash flow from investment activities was -¥140,415,391.30, an improvement from -¥279,945,656.57 in the previous period[24]. - Cash flow from financing activities showed a net outflow of -¥188,444,858.65, compared to a net inflow of ¥67,857,070.02 in the previous period[24]. - The ending balance of cash and cash equivalents was ¥358,151,675.18, down from ¥425,447,653.17 in the previous period[24]. - Cash received from the recovery of investments was ¥1,405,243,347.79, up from ¥688,179,435.45 in the previous period[23]. - Cash paid for investments was ¥1,504,688,818.10, an increase from ¥874,430,005.00 in the previous period[24]. - Cash received from financing activities totaled ¥431,253,697.19, down from ¥680,825,154.84 in the previous period[24]. - Cash paid for debt repayment was ¥343,477,929.41, compared to ¥404,786,678.33 in the previous period[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,601[12]. - Major shareholder Ma Yongtao holds 25.64% of shares, totaling 108,397,631 shares[12]. - The company’s equity attributable to shareholders was ¥1,645,775,800.97 at the end of the reporting period, down 0.98% from the previous year[5]. - The total number of restricted shares held by Ma Yongtao is 107,044,131, which will remain locked until April 26, 2026[14]. - The company plans to unlock 25% of the restricted shares for key executives annually[14]. Strategic Focus and Challenges - The company is focusing on core product advantages, cost reduction, resource optimization, and accelerating new product development to maintain stable performance amid external challenges[10]. - The company faced pressures on profits due to intensified competition in the domestic automotive industry and ongoing inventory and pricing challenges[10]. - The company has no plans for new product launches or market expansions mentioned in the call[16]. - There are no significant mergers or acquisitions reported during this period[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,700,261,445.37, a decrease of 2.45% from the end of the previous year[5]. - Total assets decreased to ¥2,700,261,445.37 from ¥2,768,172,090.61, a reduction of about 2.5%[19]. - Total liabilities decreased to ¥986,706,233.92 from ¥1,048,731,072.65, a decline of approximately 5.9% year-over-year[19]. - Non-current liabilities decreased significantly from ¥123,139,016.91 to ¥73,087,572.32, a drop of about 40.6%[19]. - The company’s deferred tax assets increased to ¥80,435,420.47 from ¥77,695,093.18, an increase of approximately 3.5% year-over-year[19]. Research and Development - Research and development expenses were ¥62,822,112.56, slightly down from ¥65,554,847.21, a decrease of about 4.0% year-over-year[20]. Audit Information - The company did not undergo an audit for the third quarter financial report[25].

Core Insights - The company reported a third-quarter revenue of 531 million yuan, a year-on-year decrease of 4.66% [1] - The net profit for the third quarter was 46.64 million yuan, showing a year-on-year increase of 2.77% [1] - For the first three quarters, the total revenue was 1.516 billion yuan, reflecting a year-on-year decline of 6.21% [1] - The net profit for the first three quarters was 130 million yuan, which represents a year-on-year decrease of 3.53% [1] Financial Performance - Third-quarter revenue: 531 million yuan, down 4.66% year-on-year [1] - Third-quarter net profit: 46.64 million yuan, up 2.77% year-on-year [1] - Year-to-date revenue (first three quarters): 1.516 billion yuan, down 6.21% year-on-year [1] - Year-to-date net profit (first three quarters): 130 million yuan, down 3.53% year-on-year [1]

Core Viewpoint - The company, Dongjian Technology (300978.SZ), has confirmed that it will adhere to the disclosure requirements set by the Shenzhen Stock Exchange and will release its Q3 2025 report on October 30, 2025 [1] Group 1 - Investors inquired about the Q3 performance and requested an early earnings forecast or report [1] - The company emphasized its commitment to comply with relevant laws and regulations regarding information disclosure [1] - The specific performance details will be available in the regular report published on designated media platforms such as the Giant Tide Information Network [1]

Group 1 - The core point of the article highlights the recent performance of Dongjian Technology, which saw a 5.03% increase in stock price, reaching 11.28 CNY per share, with a total market capitalization of 4.768 billion CNY [1] - Dongjian Technology, established on July 4, 2003, specializes in the design, research, production, and sales of various automotive systems, including side load-bearing decorative systems and vehicle protection systems [1] - The company's main business revenue composition includes: other systems products (28.21%), vehicle protection systems (24.79%), side load-bearing decorative systems (21.95%), roof loading systems (12.16%), and intelligent cockpit control systems (11.44%) [1] Group 2 - From the perspective of major fund holdings, one fund under China Europe Fund has a significant position in Dongjian Technology, with 43,700 shares held, accounting for 0.43% of the fund's net value [2] - The fund, China Europe National Index 2000 Enhanced A, has achieved a year-to-date return of 27.65% and a one-year return of 44.97% [2] - The fund was established on July 18, 2023, with a current scale of 66.8481 million CNY [2]

Core Points - The company announced that shareholder and director Ma Huiyang will reduce his stake in the company by selling 4.227 million shares through centralized bidding from June 24, 2025, to September 16, 2025, at an average price of 11.7 yuan per share, which accounts for 1.00% of the company's total share capital [1] - Following the reduction, Ma Huiyang's total holdings will decrease from 47.457 million shares, representing 11.23%, to 43.23 million shares, representing 10.23% of the total shares [1] - The reduction plan has reached its deadline, and the implementation status is consistent with the previously disclosed plan [1]

证券代码：300978 证券简称：东箭科技 公告编号：2025-042 广东东箭汽车科技股份有限公司 关于股东、董事减持计划期限届满暨实施结果的公告 公司股东、董事马汇洋保证向本公司提供的信息内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 广东东箭汽车科技股份有限公司(以下简称"公司")于 2025 年 5 月 28 日在 巨潮资讯网( www.cninfo.com.cn)披露了《关于股东、董事减持股份的预披露公 告》（公告编号：2025-026），股东、董事马汇洋计划自前述公告披露之日起 15 个交易日后的 3 个月内（即 2025 年 6 月 19 日-2025 年 9 月 18 日）以集中竞 价或大宗交易的方式减持公司股份不超过 11,864,249 股，占公司总股本的 2.81%。 如通过集中竞价方式减持，则任意连续九十个自然日内合计减持不超过 4,227,027 股，占公司股份总数的 1%；如通过大宗交易方式减持，则任意连续九 十个自然日内合计减持不超过 8,454,054 股，占公司股份总数的 2%。 公司于近日收到 ...

Group 1: Company Strategy and Focus - The company adheres to a "one body, two wings" long-term development strategy, focusing on strengthening its position in the automotive industry while exploring opportunities in related sectors [2][3][5] - Future plans include closely monitoring industry trends and actively seeking opportunities along the supply chain [3][5] Group 2: Financial Performance and Challenges - In the first half of 2025, the global automotive industry faced challenges due to a complex macro environment, leading to increased competition and pressure on prices and inventory [4] - The company is experiencing a phase of performance pressure, with a noted decline in business over the past three years [4] Group 3: Investor Relations and Communication - The company emphasizes the importance of investor communication and will disclose shareholder structure and related information in regular reports [4] - Management is committed to addressing investor concerns and maintaining transparency regarding business strategies and performance [4][5] Group 4: Risk Management and Financial Health - The company has implemented comprehensive measures for managing bad debts, including customer credit reviews and timely collection actions [6] - A robust foreign exchange risk management system is in place to mitigate the impact of currency fluctuations on operations [8] Group 5: Market Position and Future Outlook - The company is focused on enhancing its core competitiveness and profitability through market expansion and product innovation [8] - Management believes that solid operational performance and sustained growth are the foundation for long-term value creation for investors [8]

Group 1 - The core viewpoint of the news highlights the recent trading performance of Dongjian Technology, with a stock price increase of 3.46% and a trading volume of 172 million yuan on September 17 [1] - Dongjian Technology's financing activities on the same day included a financing purchase amount of 23.68 million yuan and a financing repayment of 23.79 million yuan, resulting in a net financing outflow of 104,000 yuan [1] - As of September 17, the total balance of margin trading for Dongjian Technology was 158 million yuan, which accounts for 5.26% of its circulating market value, indicating a high level of financing compared to the past year [1] Group 2 - Dongjian Technology, established on July 4, 2003, and listed on April 26, 2021, specializes in the design, research, production, and sales of various automotive systems, with a revenue composition that includes 28.21% from other systems, 24.79% from front and rear protection systems, and 21.95% from side bearing decorative systems [2] - For the first half of 2025, Dongjian Technology reported a revenue of 985 million yuan, a year-on-year decrease of 7.03%, and a net profit attributable to shareholders of 83.86 million yuan, down 6.70% year-on-year [2] Group 3 - Since its A-share listing, Dongjian Technology has distributed a total of 571 million yuan in dividends, with 317 million yuan distributed over the past three years [3] - As of June 30, 2025, the number of shareholders in Dongjian Technology increased by 3.01% to 17,800, with an average of 10,720 circulating shares per person, a decrease of 2.93% [2][3]