证券代码：301198 证券简称：喜悦智行 公告编号：2025-055 宁波喜悦智行科技股份有限公司 关于持股 5%以上股东减持股份的预披露公告 持股 5%以上股东宁波旺科企业管理合伙企业（有限合伙）保证向本公司提 供的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。 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。 特别提示： 持有宁波喜悦智行科技股份有限公司（以下简称"公司"）股份 12,168,000 股（占本公司总股本比例 7.20%）的股东宁波旺科企业管理合伙企业（有限合伙） （以下简称"旺科企业"）计划自本减持计划公告披露之日起 15 个交易日后的 3 个月内以集中竞价方式及/或大宗交易方式减持其所持有的公司股份，合计减持 公司股份不超过 5,070,000 股，不超过公司总股本的 3.00%。 公司于近日收到旺科企业出具的《关于股份减持计划的告知函》，现将有关 情况公告如下： 一、股东基本情况 截至本公告披露日，具体持股情况如下： | 股东名称 | 持有公司股份数量（股） | 占公司目前总股本比例（%） | | --- | --- | --- | | 旺 ...

Core Viewpoint - Joyy Inc. (301198.SZ) announced that its shareholder, Ningbo Wanke Enterprise Management Partnership (Limited Partnership), plans to reduce its stake in the company by up to 5.07 million shares, representing no more than 3% of the total share capital [1] Summary by Category - **Shareholder Reduction Plan** - Ningbo Wanke, holding 7.20% of the shares, intends to reduce its holdings through centralized bidding and/or block trading [1] - The reduction will take place within three months following the announcement, starting 15 trading days after the disclosure [1]

Core Viewpoint - Joyy Inc. (301198.SZ) announced that its shareholder, Ningbo Wanke Enterprise Management Partnership (Limited Partnership), which holds 7.20% of the shares, plans to reduce its holdings by up to 5.07 million shares, representing no more than 3% of the company's total share capital, through centralized bidding and/or block trading within three months after the announcement [1] Summary by Category - Shareholder Reduction Plan - Ningbo Wanke Enterprise intends to reduce its stake in Joyy Inc. by a maximum of 5.07 million shares [1] - The reduction will occur within three months following the announcement, starting 15 trading days after the disclosure [1] - The total shares to be reduced account for up to 3% of the company's total share capital [1]

Core Viewpoint - Ningbo Wangke Enterprise Management Partnership (Limited Partnership), a shareholder holding 7.20% (12,168,000 shares) of Joyy Inc., plans to reduce its stake by up to 5.07 million shares, representing 3.00% of the company's total share capital, due to personal funding needs [1] Group 1 - The shareholder intends to conduct the share reduction from November 25, 2025, to February 24, 2026 [1] - The reduction will be executed through centralized bidding and/or block trading methods [1] - The total number of shares to be reduced is capped at 5.07 million [1]

Core Insights - Joyful Intelligence, established on February 3, 2005, went public on December 2, 2021, and specializes in recyclable plastic packaging products, holding a technological advantage in packaging recycling [1] Financial Performance - For Q3 2025, Joyful Intelligence reported revenue of 333 million yuan, ranking 7th in the industry, with the top competitor, Zijiang Enterprise, generating 7.822 billion yuan [2] - The company's net profit for the same period was -4.6965 million yuan, also ranking 7th, while Zijiang Enterprise's net profit was 1 billion yuan [2] Financial Ratios - As of Q3 2025, Joyful Intelligence's debt-to-asset ratio was 23.39%, down from 26.37% year-on-year, significantly lower than the industry average of 42.37%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 12.68%, down from 18.17% year-on-year, and below the industry average of 19.88%, suggesting a need for improvement in profitability [3] Management Compensation - The chairman, Luo Zhiqiang, received a salary of 1.1935 million yuan in 2024, a slight decrease from 1.2015 million yuan in 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 15.20% to 8,749, while the average number of circulating A-shares held per account increased by 17.92% to 17,800 [5]

Market Overview - The packaging and printing sector increased by 0.27% on October 28, with Joyful Intelligence leading the gains [1] - The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1] Stock Performance - Notable gainers in the packaging and printing sector included: - Junbing Xihang (301198) with a closing price of 13.15, up 7.08% and a trading volume of 190,000 shares, totaling 247 million yuan [1] - Baosteel Packaging (601968) closed at 5.55, up 4.72% with a trading volume of 372,200 shares, totaling 205 million yuan [1] - Hongyu Packaging Materials (920274) closed at 33.17, up 4.14% with a trading volume of 34,600 shares, totaling 113 million yuan [1] Fund Flow Analysis - The packaging and printing sector experienced a net outflow of 274 million yuan from institutional investors, while retail investors saw a net inflow of 221 million yuan [2] - The sector's overall fund flow indicates a mixed sentiment, with institutional selling contrasted by retail buying [2] Individual Stock Fund Flow - Key stocks with significant fund flow include: - Yutong Technology (002831) with a net inflow of 13.54 million yuan from institutional investors, but a net outflow of 14.21 million yuan from speculative investors [3] - Baosteel Packaging (601968) had a net inflow of 8.45 million yuan from institutional investors, while speculative investors saw a net outflow of 4.55 million yuan [3] - Junbing Xihang (301198) recorded a net inflow of 0.59 million yuan from retail investors, despite a net outflow from institutional and speculative investors [3]

Core Insights - Joyy Intelligent (301198.SZ) released its Q3 2025 report on October 28, 2025, indicating significant institutional investment in the company [1] Institutional Holdings - As of October 27, 2025, four institutional investors disclosed holdings in Joyy Intelligent A-shares, totaling 64.9761 million shares, which represents 38.45% of the company's total equity [1] - The institutional investors include Cixi Tiancai Holdings Co., Ltd., Ningbo Wanke Enterprise Management Partnership (Limited Partnership), Ningbo Junke Investment Management Partnership (Limited Partnership), and Yongchao Venture Capital Co., Ltd. [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 1.42 percentage points [1] Public Fund Participation - In this period, 30 public funds were not disclosed compared to the previous quarter, including notable funds such as Nuon An Multi-Strategy Mixed A, Huaxia Pantai Mixed (LOF) A, Huaxia New Brocade Mixed A, Guojin Quantitative Multi-Factor A, and Guojin Quantitative Selected A [1]

Core Points - The company guarantees the authenticity, accuracy, and completeness of the information disclosed in its quarterly report, with no false records, misleading statements, or significant omissions [2][6][11] Financial Data - The third-quarter financial report has not been audited [3][6] - The company does not require retrospective adjustments or restatements of previous annual accounting data [3] - There are no non-recurring profit and loss items applicable for the reporting period [3] Shareholder Information - The total number of common stock shareholders and the situation of the top ten shareholders are documented, but no changes due to stock lending activities are reported [5] Board Meeting - The board of directors unanimously approved the third-quarter report during the meeting held on October 27, 2025, confirming that the report accurately reflects the company's actual situation for the third quarter of 2025 [7][9] - The meeting was legally convened and complied with relevant laws and regulations [6][7]

Core Insights - The company reported a significant increase in revenue and net profit for the third quarter of 2025, indicating strong financial performance [1] Financial Performance - The company achieved a revenue of 120,581,604.96 yuan in Q3 2025, representing a year-on-year growth of 45.22% [1] - The net profit attributable to shareholders was 2,102,122.80 yuan, showing a remarkable year-on-year increase of 164.43% [1]

Group 1 - The core point of the article is that Joyy Intelligent (SZ 301198) announced the convening of its fourth board meeting on October 27, 2025, to review the third-quarter report for 2025 [1] - For the year 2024, the revenue composition of Joyy Intelligent is as follows: automotive manufacturing accounts for 59.7%, home appliance manufacturing for 22.41%, logistics supply chain services for 10.33%, and others for 7.57% [1] - As of the report date, the market capitalization of Joyy Intelligent is 2.1 billion yuan [1]