Financial Performance - The company's operating revenue for Q3 2025 reached ¥3,200,716,671.55, representing a year-on-year increase of 47.88%[6] - Net profit attributable to shareholders was ¥27,887,907.76, up 128.27% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥13,637,658.69, reflecting a 114.20% increase year-on-year[6] - Total operating revenue for Q3 2025 reached ¥8,500,109,247.83, a significant increase of 59.5% compared to ¥5,341,122,408.02 in the same period last year[22] - Net profit for Q3 2025 was ¥129,099,980.55, a turnaround from a net loss of ¥275,243,532.57 in the previous year[23] - The total comprehensive income amounted to ¥132,391,580.55, a significant decrease from a loss of ¥275,580,260.07 in the prior period[24] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥18,895,942,549.63, an increase of 26.99% from the end of the previous year[6] - The company's total assets increased to ¥18,895,942,549.63, compared to ¥14,879,695,712.43 at the end of the previous period, reflecting a growth of 26.9%[20] - Current liabilities rose to ¥11,604,498,164.88, up from ¥8,718,952,209.46, indicating a 33.5% increase[20] - The company's fixed assets grew to ¥6,021,271,569.59, up from ¥5,598,710,491.15, indicating an increase of 7.5%[19] Cash Flow - The cash flow from operating activities showed a net outflow of ¥413,299,983.73, a significant decline of 167.70% compared to the previous year[6] - Operating cash flow generated was ¥8,373,536,359.17, up from ¥4,852,389,406.18 year-over-year[26] - The net cash flow from operating activities was -¥413,299,983.73, worsening from -¥154,386,568.20 in the previous year[27] - The net cash flow from investing activities was -¥1,056,628,042.14, compared to -¥615,226,128.65 in the prior period[27] - The net cash flow from financing activities increased to ¥2,549,789,524.36, up from ¥1,350,389,397.90 year-over-year[27] - The ending balance of cash and cash equivalents was ¥1,790,500,786.77, down from ¥2,066,461,788.84 in the previous year[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,525[11] - The top ten unrestricted shareholders hold a total of 100,000,000 shares, with 甘肃拓阵股权投资基金合伙企业 being the largest shareholder with 45,199,536 shares[12] - The company has a total of 255,776,449 restricted shares, with no new restrictions added during the reporting period[15] - The company has maintained a consistent shareholder structure, with no significant changes in the top ten shareholders during the reporting period[12] Strategic Initiatives - The company signed a share purchase agreement on July 29, 2025, to acquire 100% of Circuit Foil Luxembourg S.a.r.l. for an enterprise value of €215 million, with a net purchase price of €174 million after adjustments[16] - The company is actively pursuing market expansion through strategic acquisitions, as evidenced by the planned acquisition of Circuit Foil Luxembourg S.a.r.l.[16] - The company is focused on enhancing its market position through strategic investments and acquisitions, aiming for long-term growth[16] Research and Development - Research and development expenses for the quarter were ¥160,004,708.00, compared to ¥131,955,414.15 in the previous year, marking a 21.3% increase[23] Financial Health - The company's financial health appears robust, with a significant increase in cash reserves indicating strong operational performance[18] - The company's financial report indicates a strong liquidity position, with current assets primarily consisting of cash and cash equivalents[18] - The weighted average return on net assets was 1.15%, an increase of 3.57% year-on-year[6] - Government subsidies recognized during the period amounted to ¥13,074,837.84, contributing to the overall financial performance[7] - The basic earnings per share for the period was ¥0.0442, which is a 128.24% increase year-on-year[6] - Basic and diluted earnings per share were both ¥0.1057, compared to a loss of ¥0.3238 in the prior period[24]

10月22日，创业板新能源ETF华夏（159368）低开回调0.9%，持仓股新强联涨超8%，德福科技涨超 6%，帝科股份涨超3%。 根据国际能源署数据，全球数据中心2022年消耗电力达460TWh，在乐观状态下，2026年消耗量或达到 1000Twh。随着AI更大比例的应用，全球范围内数据中心耗电量需求有望进一步增长，根据美国 UptimeInstitute预测，到2025年人工智能业务在全球数据中心总用电量中的占比将从目前的2%猛增至 10%。 高盛预计，40%的新增电力产能将来自可再生能源，其中陆上风能和太阳能的成本竞争力已强于天然 气。不过，由于可再生能源存在间歇性特点，要满足数据中心持续稳定的电力需求，混合解决方案（结 合绿色电力、储能电池和天然气）仍然必不可少。 （文章来源：每日经济新闻） 创业板新能源ETF华夏（159368）是全市场跟踪创业板新能源指数的规模最大ETF基金，也是同类产品 中且唯一拥有场外联接的基金。创业板新能源指数主要涵盖新能源和新能源汽车产业，涉及电池、光伏 等多个细分领域。创业板新能源ETF华夏（159368）弹性最大，涨幅可达20cm；费率最低，管理费和托 管费合计仅为0. ...

（文章来源：证券日报） 证券日报网讯德福科技10月21日在互动平台回答投资者提问时表示，公司的具体出货数据在财报中均有 披露。 ...

Group 1 - The core viewpoint of the article highlights that Defu Technology has developed ultra-thin high tensile strength copper foil and atomized copper foil products, which can serve as solutions for applications in semi/full solid-state batteries and supercapacitors [2] Group 2 - The company responded to investor inquiries on October 21, indicating its focus on innovative materials for energy storage solutions [2] - The products mentioned are positioned to meet the growing demand in the battery and supercapacitor markets, reflecting the company's strategic direction [2]

九江德福科技股份有限公司 关于为子公司提供担保的进展公告 证券代码：301511 证券简称：德福科技 公告编号：2025-084 一、担保情况概述 九江德福科技股份有限公司（以下简称"公司"）于 2025 年 5 月 9 日召开 2024 年年度股东会，审议通过了《关于 2025 年度为子公司提供担保的议案》， 同意公司为合并报表范围内的子公司提供总额不超过 1,172,720 万元的担保，有 效期自 2024 年年度股东会审议通过之日起至 2025 年 12 月 31 日止，并授权公司 董事长或其授权代表人，在核定额度内根据各子公司业务发展的实际需要确定执 行，签署有关的文件、协议等其他相关法律文件。 二、担保进展情况 近日，公司与中国银行股份有限公司九江市分行（以下简称"中国银行"） 签订了合同编号：JXJJCHXLGS（ZG）BZ2025003 号《最高额保证合同》， 约定公司为九江琥珀新材料有限公司（以下简称"琥珀新材"）与中国银行签 订的《流动资金借款合同》提供最高额为人民币 20,000 万元的担保保证。 本次提供的担保在公司已审批的担保额度范围内。 三、被担保人基本情况 本公司及董事会全体成员保 ...

格隆汇10月21日丨德福科技(301511.SZ)在投资者互动平台表示，公司HVLP5产品目前送样进展顺利。 ...

Group 1 - The core viewpoint of the news is that Defu Technology's stock has seen a significant increase, with a rise of 5.14% to 31.70 CNY per share, and a trading volume of 370 million CNY, reflecting a market capitalization of 19.981 billion CNY [1] - Defu Technology, established on September 14, 1985, is located in Jiujiang, Jiangxi Province, and specializes in the research, production, and sales of high-performance electrolytic copper foil [1] - The company's main business revenue composition includes lithium battery copper foil at 77.53%, electronic circuit copper foil at 14.80%, and other supplementary products at 7.66% [1] Group 2 - From the perspective of fund holdings, one fund under Tongtai Fund has a significant position in Defu Technology, with the Tongtai New Energy fund holding 60,700 shares, representing 2.93% of the fund's net value, making it the seventh-largest holding [2] - The Tongtai New Energy fund, established on September 29, 2022, has a latest scale of 28.202 million CNY and has achieved a return of 37.34% year-to-date, ranking 960 out of 4218 in its category [2] - The fund manager, Chen Zongchao, has been in position for 4 years and 88 days, with the fund's total assets amounting to 408 million CNY, and the best and worst returns during his tenure being 25.84% and -30.47%, respectively [2]

Core Viewpoint - Recent advancements by Chinese scientists in solid-state lithium batteries have significantly improved performance, potentially allowing for over 1000 kilometers of range with a 100-kilogram battery, doubling previous capabilities [1] Company Summary - Defo Technology (301511.SZ) has confirmed that its independently developed ultra-thin high tensile strength copper foil and atomized copper foil products can serve as solutions for semi/full solid-state batteries and supercapacitors [1]

Group 1 - The core viewpoint of the article is that Defu Technology (301511) has successfully achieved stable mass production of its self-developed ultra-thin carrier copper foil and various generations of copper foil products, marking a significant step in domestic substitution [1] Group 2 - The company has developed three types of copper foil products: 3um ultra-thin carrier copper foil, RTF1-3 generation copper foil, and HVLP1-3 generation copper foil [1] - The successful mass production of these products indicates a shift towards domestic manufacturing capabilities in the copper foil industry [1]

Core Viewpoint - Defu Technology is currently in the asset delivery process for its Luxembourg copper foil company, and the progress is reported to be smooth [2] Company Summary - Defu Technology responded to investor inquiries on October 17, indicating that the asset delivery process is ongoing [2]