Core Viewpoint - Jiusong Electric (301082.SZ) reported significant growth in revenue and net profit for the first three quarters of 2025, indicating strong operational performance and financial health [1] Financial Performance - The company achieved a revenue of 1.833 billion yuan, representing a year-on-year increase of 32.89% [1] - The net profit attributable to shareholders reached 32.5855 million yuan, marking a year-on-year increase of 61.10% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 31.4375 million yuan, reflecting a year-on-year increase of 57.67% [1] - Basic earnings per share stood at 0.14 yuan [1]

Core Viewpoint - Jiusong Electric (301082.SZ) reported a significant increase in both revenue and net profit for the first three quarters of 2025, indicating strong financial performance and growth potential in the market [1]. Financial Performance - The company achieved an operating revenue of 1.833 billion yuan, representing a year-on-year increase of 32.89% [1]. - The net profit attributable to shareholders reached 32.5855 million yuan, which is a year-on-year increase of 61.10% [1]. - The net profit after deducting non-recurring gains and losses was 31.4375 million yuan, reflecting a year-on-year increase of 57.67% [1]. - Basic earnings per share stood at 0.14 yuan [1].

Core Insights - The company reported a third-quarter revenue of 628 million yuan, representing a year-on-year increase of 27.39% [1] - The net profit for the third quarter was 21.43 million yuan, showing a significant year-on-year growth of 356.47% [1] - For the first three quarters, the company achieved a revenue of 1.833 billion yuan, which is a year-on-year increase of 32.89% [1] - The net profit for the first three quarters reached 32.59 million yuan, reflecting a year-on-year growth of 61.10% [1]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥627,673,925.90, representing a year-on-year increase of 27.39%[5] - Net profit attributable to shareholders for Q3 2025 was ¥21,430,611.55, a significant increase of 356.47% compared to the same period last year[5] - The basic earnings per share for Q3 2025 was ¥0.09, reflecting a 350.00% increase year-on-year[5] - The company's net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2025 was ¥21,156,436.60, up 299.22% year-on-year[5] - Total operating revenue for the current period reached ¥1,832,572,965.66, an increase of 33% compared to ¥1,378,968,158.38 in the previous period[20] - Net profit for the current period was ¥32,585,499.05, representing a 61% increase from ¥20,226,980.01 in the previous period[22] - Basic and diluted earnings per share were both ¥0.14, compared to ¥0.09 in the prior period[22] - The total comprehensive income for the current period was ¥32,585,499.05, compared to ¥20,226,980.01 in the previous period[22] Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥3,844,927,328.45, which is a 9.33% increase from the end of the previous year[5] - The total assets of the company reached approximately ¥3.84 billion as of September 30, 2025, compared to ¥3.52 billion at the beginning of the period, reflecting an increase of about 9.1%[17] - The company's current assets totaled approximately ¥3.50 billion, up from ¥3.16 billion, indicating a growth of around 10.6%[17] - Total liabilities increased to approximately ¥2.81 billion from ¥2.49 billion, reflecting a growth of about 12.9%[18] Cash Flow - Cash flow from operating activities showed a net outflow of ¥2,575,676.73 for the year-to-date, a decrease of 95.09% compared to the previous year[5] - Cash flow from operating activities showed a net outflow of ¥2,575,676.73, worsening from a net outflow of ¥52,420,173.82 in the previous period[22] - Cash flow from investment activities showed a net outflow of -$14.45 million in the current period, compared to -$40.41 million in the previous period, indicating an improvement[23] - Cash flow from financing activities generated a net inflow of $57.94 million, down from $141.98 million year-over-year[23] - The net cash increase for the period was $40.91 million, down from $49.15 million in the previous period[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,869[11] - The largest shareholder, Huzhou Dike Industrial Investment Co., Ltd., held a 43.28% stake in the company[11] - The number of shares held by the top ten shareholders includes significant stakes, with Huzhou Dike Industrial Investment Co., Ltd. holding approximately 97.94 million shares[14] - The company plans to release restricted shares totaling approximately 117.78 million by April 27, 2025, which may impact future share liquidity[15] - The company has a total of 134.85 million restricted shares, with a significant portion held by executives under lock-up agreements[15] Research and Development - Research and development expenses increased in Q3 2025, driven by higher investment in R&D projects[9] - Research and development expenses increased to ¥67,222,577.39, up 48% from ¥45,396,869.81 in the previous period[20] Inventory and Receivables - The company reported a significant increase in inventory, which rose to approximately ¥315.74 million from ¥244.24 million, an increase of about 29.3%[17] - Accounts receivable increased to approximately ¥2.00 billion from ¥1.94 billion, representing a rise of about 3.1%[17] Financial Reporting and Standards - The company’s financial report for Q3 was not audited, indicating a potential area for investor scrutiny[24] - The new accounting standards will be first implemented starting in 2025, which may impact future financial reporting[24]

Core Insights - Jiusong Electric experienced a 1.22% decline in stock price on October 24, with a trading volume of 247 million yuan [1] - The company reported a financing buy-in of 24.09 million yuan and a financing repayment of 26.18 million yuan on the same day, resulting in a net financing outflow of 2.09 million yuan [1] - As of October 24, the total margin balance for Jiusong Electric was 147 million yuan, representing 3.49% of its market capitalization [1] Financing Summary - On October 24, Jiusong Electric had a financing buy-in of 24.09 million yuan, with a current financing balance of 147 million yuan, which is above the 60th percentile of the past year [1] - The margin trading data indicates that there were no shares sold or repaid in the short selling segment on the same day, with a short selling balance of 0 [1] Company Overview - Jiusong Electric, established on May 19, 2004, and listed on October 27, 2021, is located in Huzhou, Zhejiang Province [1] - The company's main business includes the research, production, sales, and service of fire-resistant special cables and power cables [1] - The revenue composition of Jiusong Electric is as follows: plastic insulated cables (44.51%), inorganic mineral insulated metal sheath cables (19.56%), power cables (18.88%), mineral insulated cables (12.48%), and others (4.57%) [1] Financial Performance - As of June 30, Jiusong Electric had 30,000 shareholders, a decrease of 8.18% from the previous period, while the average number of circulating shares per person increased by 112.74% to 6,971 shares [2] - For the first half of 2025, the company achieved a revenue of 1.205 billion yuan, reflecting a year-on-year growth of 35.95%, while the net profit attributable to the parent company was 11.155 million yuan, a decrease of 28.18% year-on-year [2] Dividend Information - Since its A-share listing, Jiusong Electric has distributed a total of 133 million yuan in dividends, with 84.057 million yuan distributed over the past three years [3]

Core Viewpoint - The company, Jiusheng Electric (301082.SZ), has stated that it is not involved in the charging pile business, focusing instead on the production of cable products that can be used in the infrastructure construction of charging piles. Currently, the company's business emphasis is not in this area, with only sporadic sales of cable products [1] Group 1 - The company has not laid out plans for the charging pile business [1] - The cable products produced by the company can be utilized in charging pile infrastructure [1] - The current business focus of the company is not on charging piles, with only limited sales of cable products [1]

Group 1 - The controllable nuclear fusion concept stocks experienced a significant decline in early trading on October 16, with companies such as Hezhong Intelligent, Zhongzhou Special Materials, China Nuclear Construction, and Haheng Huatuo dropping over 7% [1] - Other companies like China Electric Research, Jiusheng Electric, Changfu Co., and Aikesibo also saw declines exceeding 4% [1]

Group 1 - Nuclear power concept stocks are active, with significant gains observed in several companies [1] - Degu Technology reached the daily limit increase, indicating strong market interest [1] - Other companies such as New Lai Fu, He Duan Intelligent, An Tai Technology, Chu Jiang New Materials, and China Nuclear Construction also hit the daily limit increase [1] Group 2 - Additional companies including China Electric Xilong, China Electric Research Institute, Jiu Sheng Electric, Western Superconducting, Wu Jin Stainless Steel, and Tian Gang Co., Ltd. experienced upward movement in their stock prices [1]

Group 1 - The core point of the article is that Jiusheng Electric (301082.SZ) clarified on an investor interaction platform that it did not supply products to CFETR in October, despite claims that it accounted for 13% of the supply [2] Group 2 - An investor inquired about the accuracy of a report from Sina Finance regarding Jiusheng Electric's supply to CFETR [2] - Jiusheng Electric responded on October 10, stating that the company did not supply any products to CFETR in October [2]

证券代码：301082 证券简称：久盛电气 公告编号：2025-041 久盛电气股份有限公司 关于公司高级管理人员减持计划实施完成的公告 公司副总经理方纯兵先生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。 久盛电气股份有限公司（以下简称"公司"）于 2025 年 6 月 11 日披露了《关 于公司高级管理人员减持计划的预披露公告》（公告编号：2025-022），公司高 级管理人员方纯兵先生计划自上述公告披露之日起 15 个交易日后 3 个月内（即 2025 年 7 月 3 日至 2025 年 10 月 2 日）通过集中竞价减持本公司股份不超过 128,625 股（占公司总股本比例不超过 0.06%），窗口期不减持。 近日，公司收到方纯兵先生出具的《关于股份减持计划实施完成的告知函》， 截至本公告披露日，方纯兵先生的减持计划已全部实施完成，现将具体情况公告 如下： 一、股东减持情况 1、减持股份来源：公司首次公开发行前已发行的股份及资本公积金转增股 本获得的股份 | 股东名称 | 减持方式 | 减持期间 | ...