Core Viewpoint - Zhaomin Technology, established in 2011 and listed in 2021, is a leading company in the specialty engineering plastics sector, focusing on precision injection molding and related technologies [1] Business Performance - In Q3 2025, Zhaomin Technology reported revenue of 600 million yuan, ranking 40th among 55 companies in the industry, with the top company, Zhongding Co., achieving 14.555 billion yuan [2] - The company's net profit for the same period was 109 million yuan, placing it 23rd in the industry, while Zhongding Co. led with a net profit of 1.305 billion yuan [2] Financial Ratios - As of Q3 2025, Zhaomin Technology's debt-to-asset ratio was 14.65%, lower than the industry average of 40.56% [3] - The company's gross profit margin stood at 33.06%, above the industry average of 21.56% [3] Executive Compensation - The chairman, Shao Xionghui, received a salary of 1.432 million yuan in 2024, an increase of 111,200 yuan from 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 1.56% to 25,900, with an average holding of 8,858.6 shares, a decrease of 1.54% [5] Growth Prospects - According to Zhongtai Securities, Zhaomin Technology's revenue for the first half of 2025 grew by 11.5% year-on-year, driven by high-precision components for new energy vehicles [6] - Revenue projections for 2025 to 2027 are 960 million, 1.24 billion, and 1.62 billion yuan, with expected growth rates of 27%, 29%, and 31% respectively [6] - Net profit forecasts for the same period are 190 million, 240 million, and 320 million yuan, with growth rates of 31%, 31%, and 33% respectively [6] Competitive Position - Zhaomin Technology is recognized as a leading player in the precision injection molding sector, benefiting from a favorable competitive landscape and high barriers to entry [7] - The company's growth is attributed to project releases, particularly in the new energy vehicle sector, and successful collaborations in developing precision components for humanoid robots [7]

Core Insights - The company reported a revenue of 600 million yuan for the first three quarters of 2025, representing a year-on-year growth of 13.80% [1] - The net profit attributable to shareholders of the listed company was 107 million yuan, showing a year-on-year increase of 2.34% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 101 million yuan, reflecting a year-on-year growth of 9.31% [1] - The basic earnings per share stood at 0.44 yuan [1]

Group 1 - The core viewpoint of the article is that Zhaomin Technology (301000.SZ) reported its third-quarter results, showing a steady growth in revenue and net profit [1] Group 2 - The company achieved a revenue of 600 million yuan in the first three quarters, representing a year-on-year increase of 13.80% [1] - The net profit attributable to shareholders of the listed company was 107 million yuan, reflecting a year-on-year growth of 2.34% [1] - The net profit excluding non-recurring gains and losses was 100 million yuan, which is a year-on-year increase of 9.31% [1]

上海肇民新材料科技股份有限公司 第三届董事会第四次会议决议公告 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：301000 证券简称：肇民科技 公告编号：2025-075 本议案已经公司董事会审计委员会 2025 年第五次会议审议通过。 表决结果：同意 7 票，弃权 0 票，反对 0 票。 具体内容详见公司同日在中国证监会指定的创业板信息披露网站巨潮资讯 网（www.cninfo.com.cn）披露的《2025 年第三季度报告》。 三、备查文件 一、董事会会议召开情况 上海肇民新材料科技股份有限公司（以下简称"公司"）第三届董事会第四 次会议通知于 2025 年 10 月 17 日通过电话、电子邮件等通讯方式发出，会议通 知列明了会议的召开时间、地点、内容和方式。本次会议于 2025 年 10 月 28 日 在公司会议室以现场结合线上通讯方式召开，会议应到董事 7 名，实到董事 7 名（其中孙乐宜先生、刘益灯先生、阴慧芳女士、熊勇清先生、石松佳子女士以 通讯方式出席），本次会议由董事长邵雄辉先生召集并主持，公司高级管理人员 列席了本次会议。本次会 ...

Revenue and Profit - Revenue for Q3 2025 reached ¥220,505,570.16, an increase of 17.90% compared to the same period last year[5] - Net profit attributable to shareholders was ¥36,570,090.35, reflecting a growth of 33.12% year-over-year[5] - The net profit after deducting non-recurring gains and losses was ¥34,670,796.30, up by 30.28% from the previous year[5] - Total operating revenue for Q3 2025 reached ¥600,273,262.36, an increase of 13.8% compared to ¥527,497,924.03 in the same period last year[20] - Net profit for the period was ¥109,130,119.54, representing a 4.0% increase from ¥105,000,468.43 in the previous year[21] Cash Flow - Cash flow from operating activities for the year-to-date was ¥73,347,893.70, showing a significant increase of 147.18%[5] - Cash flow from operating activities generated a net cash inflow of 73,347,893.70, up from 29,673,372.21 in the previous period, representing an increase of approximately 147.56%[22] - Total cash inflow from investment activities was 1,097,984,966.52, down from 1,871,422,148.43, a decrease of about 41.19%[23] - Cash outflow from investment activities totaled 1,150,013,471.70, compared to 1,789,405,393.67 in the previous period, reflecting a decrease of approximately 35.67%[23] - Net cash flow from financing activities was -46,612,547.28, an improvement from -128,764,642.98 in the previous period, indicating a reduction in cash outflow by approximately 63.70%[23] - The ending balance of cash and cash equivalents was 73,718,547.02, compared to 58,014,257.21 in the previous period, showing an increase of approximately 27.06%[23] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,460,485,817.74, representing a 6.50% increase from the end of the previous year[5] - The company's total assets increased to ¥1,460,485,817.74, compared to ¥1,371,358,854.85, marking a growth of 6.5%[19] - Total liabilities rose to ¥213,956,681.91, up from ¥202,321,760.70, indicating a year-over-year increase of 7.9%[19] - The total non-current assets reached ¥491,646,325.00, up from ¥385,493,943.12, indicating a significant increase of 27.5%[19] Shareholder Information - The company’s total equity attributable to shareholders increased by 6.49% to ¥1,243,992,913.30 at the end of the reporting period[5] - Total number of common shareholders at the end of the reporting period is 25,881[14] - The largest shareholder, Shanghai Jizhao Industrial Development Co., Ltd., holds 37.35% of shares, totaling 90,720,000 shares[14] - The second-largest shareholder, Shao Xionghui, holds 7.47% of shares, totaling 18,144,000 shares[14] - The equity attributable to shareholders of the parent company increased to ¥1,243,992,913.30, compared to ¥1,168,209,081.13, reflecting a growth of 6.5%[19] Expenses - Operating costs amounted to ¥487,552,293.55, up from ¥421,664,828.70, reflecting a year-over-year increase of 15.6%[20] - Research and development expenses for the quarter were ¥28,655,677.83, an increase from ¥23,902,194.40, showing a growth of 19.0%[20] - The company paid 115,027,674.80 in employee compensation, an increase from 103,769,987.53, representing a growth of approximately 10.83%[22] Other Financial Metrics - The basic earnings per share for Q3 2025 was ¥0.15, a rise of 36.36% compared to the same quarter last year[5] - The weighted average return on equity was 2.99%, an increase of 0.63% from the previous year[5] - Basic and diluted earnings per share for the period were both 0.44, compared to 0.43 in the previous period, indicating a growth of approximately 2.33%[22] - The company reported a profit before tax of ¥123,156,131.26, compared to ¥120,326,030.76, which is an increase of 2.3%[21] - Deferred tax assets increased to ¥7,725,157.75 from ¥6,167,460.90, reflecting a growth of 25.3%[19] Inventory and Current Assets - Total current assets amount to 968,839,492.74 RMB, a slight decrease from 985,864,911.73 RMB at the beginning of the period[17] - Cash and cash equivalents decreased from 99,369,155.51 RMB to 73,718,547.02 RMB[17] - Inventory increased from 156,958,413.05 RMB to 193,884,815.55 RMB[17] - Fixed assets increased from 186,313,952.46 RMB to 195,002,847.99 RMB[17] - Other current assets decreased from 90,638,373.90 RMB to 50,388,219.18 RMB[17] - The company has a significant increase in construction in progress, rising from 3,416,645.43 RMB to 95,098,211.14 RMB[17]

Core Insights - The company reported third-quarter revenue of 221 million yuan, representing a year-on-year increase of 17.90% [1] - The net profit for the third quarter was 36.57 million yuan, showing a year-on-year growth of 33.12% [1] - For the first three quarters, the total revenue reached 600 million yuan, reflecting a year-on-year increase of 13.80% [1] - The net profit for the first three quarters was 107 million yuan, with a year-on-year growth of 2.34% [1]

Group 1 - The core point of the article is that Zhaomin Technology (301000) reported a total of 24,534 shareholders as of October 20, 2025 [1]

Group 1 - The company, Zhaomin Technology, reported that as of October 10, 2025, the number of shareholders is 24,822 [1]

Market Overview - The automotive thermal management sector declined by 1.86%, ranking among the top declines in concept sectors as of the market close on October 13 [1] - Within this sector, companies such as Hengshuai Co., Zhejiang Rongtai, and Jingwei Hengrun experienced significant declines, while 18 stocks saw price increases, with Hunan Tianyan, Changying Tong, and Keda Guochuang leading with gains of 6.67%, 6.55%, and 4.51% respectively [1] Concept Sector Performance - The top-performing concept sectors included Rare Earth Permanent Magnets with a gain of 6.92%, and Military Equipment Restructuring Concept with a gain of 3.51% [2] - The automotive thermal management sector was among the laggards, with a decline of 1.86%, alongside other sectors like AI PC and Decelerators [2] Capital Flow Analysis - The automotive thermal management sector saw a net outflow of 1.94 billion yuan, with 91 stocks experiencing net outflows, and 6 stocks seeing outflows exceeding 100 million yuan [2] - The leading stock for net outflow was Sanhua Intelligent Control, with a net outflow of 354 million yuan, followed by Top Group and Huagong Technology with outflows of 251 million yuan and 222 million yuan respectively [2] Notable Stocks in Automotive Thermal Management - Key stocks with significant net outflows included: - Sanhua Intelligent Control: -5.23% with a turnover rate of 5.92% and a net outflow of 353.60 million yuan - Top Group: -4.97% with a turnover rate of 3.39% and a net outflow of 251.08 million yuan - Huagong Technology: -3.19% with a turnover rate of 6.05% and a net outflow of 222.13 million yuan [3][4] Stocks with Positive Capital Inflows - Stocks with notable net inflows included: - Midea Group: 3.59 billion yuan - Feirongda: 57.68 million yuan - Sixuan New Materials: 53.25 million yuan [2][6]

Core Insights - The company, Zhaomin Technology, reported that as of September 30, 2025, the number of shareholders is expected to reach 25,881 [1] Company Summary - Zhaomin Technology is actively engaging with investors through interactive platforms [1] - The company is projecting a significant increase in its shareholder base by the specified date [1]