Financial Performance - Q3 2025 revenue was CNY 110,537,612.73, a decrease of 3.47% year-over-year[5] - Net profit attributable to shareholders reached CNY 33,648,273.03, an increase of 664.28% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses was CNY 8,527,466.13, up 143.45% year-over-year[5] - Total operating revenue for the current period was CNY 324,043,380.99, a decrease of 2.3% from CNY 332,192,571.53 in the previous period[22] - Net profit for the current period was CNY 47,659,767.56, an increase of 5.0% compared to CNY 45,429,300.75 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,642,941,030.97, reflecting a 0.31% increase from the end of the previous year[5] - The company's total assets at the end of the period were CNY 7,642,941,030.97, slightly up from CNY 7,619,455,969.49 at the beginning of the period[21] - Current liabilities totaled CNY 1,160,579,066.26, an increase from CNY 1,138,635,600.36 at the beginning of the period[21] - The company's total liabilities amounted to CNY 1,688,586,559.96, compared to CNY 1,667,811,723.02 at the beginning of the period[21] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 60,977,829.69, a decrease of 75.43% year-to-date[5] - Operating cash flow net amount for the current period is -60,977,829.69 CNY, an improvement from -248,198,889.35 CNY in the previous period, indicating a reduction in cash outflow from operations[25] - Cash inflow from operating activities totaled 462,701,580.66 CNY, compared to 497,215,846.22 CNY in the previous period, indicating a slight decrease in operational revenue[25] - Cash outflow from operating activities was 523,679,410.35 CNY, down from 745,414,735.57 CNY in the previous period, suggesting improved cost management[25] - Investment cash flow net amount for the current period is -258,435,698.16 CNY, a significant decline from a positive 589,200,408.74 CNY in the previous period, reflecting increased investment activities[26] - Total cash and cash equivalents at the end of the period is 1,201,631,152.46 CNY, down from 1,918,035,542.38 CNY in the previous period, showing a decrease in liquidity[26] - The company did not receive any cash from financing activities during the current period, contrasting with 2,100,000.00 CNY received in the previous period[26] - The company reported a decrease in cash flow from financing activities, with a net cash flow of -63,075,566.98 CNY compared to -383,505,496.61 CNY in the previous period, reflecting reduced financing needs[26] Shareholder Information - The total number of common shareholders at the end of the reporting period was 38,359[12] - Hualian Development Group Co., Ltd. holds 29.82% of shares, totaling 418,670,959 shares[12] - The company repurchased 8,414,980 shares, accounting for 0.57% of the total share capital, with a total transaction amount of RMB 30,050,066.10[16] - The company’s total share capital decreased from 1,483,934,025 shares to 1,403,818,725 shares after the cancellation of repurchased shares[14] - The maximum transaction price for the repurchased shares was RMB 3.77 per share, and the minimum was RMB 3.38 per share[16] - The company’s repurchase plan was approved with a total amount not less than RMB 30 million and not exceeding RMB 60 million[16] - The company’s shareholders do not have any related party relationships or concerted actions among the top shareholders[12] - The company’s repurchased shares account for 1.82% of the current total share capital[13] Investment Activities - The company plans to invest RMB 50 million in Chengdu Ideal Realm Technology Co., Ltd., acquiring a 2.7778% stake[17] - Cash paid for investment activities increased by 122.27% to CNY 2,574,374,622.02, driven by higher purchases of financial products[10] - The company reported a significant increase in trading financial assets, which rose by 66.39% to CNY 729,437,299.99[9] - Accounts receivable increased by 102.80% to CNY 25,864,759.31, indicating higher rental income[9] - Investment income decreased by 35.58% to CNY 13,536,441.30, primarily due to reduced returns from financial products[9] Other Information - The weighted average return on equity was 0.67%, an increase of 0.58 percentage points compared to the same period last year[5] - The company's cash and cash equivalents decreased to CNY 1,204,585,462.04 from CNY 1,587,521,970.53[20] - The company's financial expenses increased to CNY 10,117,459.80 from CNY 5,461,816.91 in the previous period[23] - Basic earnings per share for the current period was CNY 0.0243, down from CNY 0.0256 in the previous period[24] - The third quarter financial report has not been audited, which may affect the reliability of the reported figures[27]

证券代码：002030 证券简称：达安基因 公告编号：2025-054 广州达安基因股份有限公司 2025 年第三季度报告 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 导性陈述或重大遗漏。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述 或重大遗漏，并承担个别和连带的法律责任。 广州达安基因股份有限公司 2025 年第三季度报告 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务 信息的真实、准确、完整。 3.第三季度财务会计报告是否经过审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 164,932,902.94 | -13.50% | 503,506,935.73 | -14.81% | | 归 ...

Financial Performance - The company's revenue for Q3 2025 was ¥104,370,337.88, a decrease of 22.10% compared to the same period last year[5] - Net profit attributable to shareholders was ¥4,235,339.49, an increase of 135.88% year-on-year, while the year-to-date net profit was -¥2,807,681.87, improving by 81.11%[5] - The basic earnings per share for the quarter was ¥0.02, up 140.00% from the previous year, while the diluted earnings per share also stood at ¥0.02[5] - Total operating revenue for Q3 2025 reached ¥415,820,634.61, an increase of 8.5% compared to ¥382,398,877.24 in the same period last year[19] - Net profit for the period was a loss of ¥7,492,104.38, improving from a loss of ¥22,294,760.01 in the previous year[20] - The total comprehensive income for the period was a loss of ¥7,010,143.17, compared to a loss of ¥22,312,853.34 in the previous year, showing an improvement[20] - Basic and diluted earnings per share were both reported at -0.01, compared to -0.06 in the same period last year[20] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,577,352,318.35, reflecting a 4.27% increase from the end of the previous year[5] - The company's total assets increased to ¥1,577,352,318.35, up from ¥1,512,749,562.36 year-over-year, reflecting a growth of 4.3%[18] - Total liabilities rose to ¥472,195,073.92, compared to ¥387,651,698.64 in the previous year, marking an increase of 22%[18] - The company's equity attributable to shareholders decreased to ¥885,659,182.65 from ¥900,620,903.31, a decline of 1.5%[18] Cash Flow - The company's cash flow from operating activities showed a significant increase of 189.43%, reaching ¥116,322,332.74 year-to-date[5] - Operating cash inflow for the current period reached CNY 874,766,968.29, an increase of 22.9% compared to CNY 711,416,445.36 in the previous period[21] - Net cash flow from operating activities was CNY 116,322,332.74, a significant recovery from a net outflow of CNY -130,063,704.74 in the previous period[21] - The net increase in cash and cash equivalents for the period was CNY 87,138,846.48, compared to a decrease of CNY -182,735,630.02 in the previous period[22] - The ending balance of cash and cash equivalents was CNY 506,594,962.60, up from CNY 347,080,335.76[22] Receivables and Payables - The company reported a significant increase in accounts receivable notes, which rose by 485.25% to ¥7,919,454.72, attributed to increased settlements in supply chain services[9] - Accounts receivable decreased to ¥6,162,797.46 from ¥9,708,816.35, a decline of about 36.9%[16] - Other receivables increased significantly to ¥335,821,228.27 from ¥223,123,848.68, marking an increase of approximately 50.4%[16] - Other receivables increased by 50.51% to ¥335,821,228.27, primarily due to an increase in collection and payment services in the supply chain[9] Investments and Expenses - Research and development expenses increased to ¥8,296,334.06, up from ¥7,308,445.67, indicating a growth of 13.5%[19] - The company received CNY 3,500,000.00 in investment income, an increase of 100% from CNY 1,750,000.00 in the previous period[21] - The company paid CNY 44,929,099.75 to employees, a decrease from CNY 49,408,788.52 in the previous period[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 39,875[12] - Zhejiang Wangsheng Investment Management Co., Ltd. holds 44.77% of shares, totaling 113,152,511 shares[12] - There are no significant changes in the top 10 shareholders or their shareholding status compared to the previous period[13] Other Information - The company has no significant non-recurring gains or losses that would affect its financial performance[8] - The company has not disclosed any new product or technology developments in the current reporting period[14] - The company did not conduct an audit for the third quarter financial report[23]

深圳市宝明科技股份有限公司 2025 年第三季度报告 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息 的真实、准确、完整。 3.第三季度财务会计报告是否经过审计 证券代码：002992 证券简称：宝明科技 公告编号：2025-048 深圳市宝明科技股份有限公司 2025 年第三季度报告 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、误导性陈述或重大遗漏。 □是 ☑否 1 深圳市宝明科技股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 ☑否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 337,904,553.25 | - ...

Financial Performance - The company's operating revenue for Q3 2025 was CNY 1,716,528,851.64, representing a 6.88% increase compared to CNY 1,606,077,665.38 in the same period last year[5] - Net profit attributable to shareholders was CNY 162,299,987.47, a 13.54% increase from CNY 142,940,624.00 year-on-year[5] - Basic earnings per share for Q3 2025 were CNY 0.16, a 6.67% increase from CNY 0.15 in the same quarter last year[5] - The company reported a significant increase in prepayments to CNY 287,546,903.16 from CNY 133,506,302.99, representing a growth of approximately 115.00%[14] - Total operating revenue for the current period is ¥4,834,976,275.63, a decrease of 2.45% from ¥4,956,233,573.64 in the previous period[17] - Net profit for the current period is ¥488,069,735.53, a decrease of 3.77% compared to ¥507,012,207.07 in the previous period[18] - Earnings attributable to shareholders of the parent company decreased to ¥428,105,874.49, down 9.65% from ¥473,986,269.92[18] - Basic and diluted earnings per share are both ¥0.43, down from ¥0.49 in the previous period[18] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 25,126,550.38, showing a significant improvement of 132.20% compared to a negative cash flow of CNY -78,044,100.00 in the previous year[5] - Cash inflow from operating activities increased to ¥5,008,343,797.45, up from ¥4,693,981,222.17[19] - Cash flow from operating activities net amount was $25.13 million, a significant improvement from a negative $78.04 million in the previous period[20] - Cash inflow from financing activities totaled $704.64 million, up from $490.85 million, representing a 43.6% increase[20] - Cash flow from financing activities net amount was $39.22 million, recovering from a negative $100.33 million in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,535,923,201.22, reflecting a 5.65% increase from CNY 11,865,695,815.86 at the end of the previous year[5] - The company's equity attributable to shareholders increased by 5.75% to CNY 6,146,297,204.65 from CNY 5,811,898,795.23 at the end of the previous year[5] - Total liabilities rose to CNY 6,014,570,716.06 from CNY 5,655,853,500.14, reflecting an increase of about 6.36%[15] - Owner's equity increased to CNY 6,521,352,485.16 from CNY 6,209,842,315.72, indicating a growth of approximately 5.00%[15] - Total assets and equity increased to ¥12,535,923,201.22 and ¥6,521,352,485.16 respectively, compared to ¥11,865,695,815.86 and ¥6,209,842,315.72 in the previous period[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,457[10] - The top three shareholders held a combined 37.09% of the company's shares, with Yantai Guofeng Investment Holding Group Co., Ltd. holding 14.50%[10] Inventory and Receivables - Current assets rose to CNY 8,713,944,224.14, up from CNY 7,941,776,920.55, indicating an increase of about 9.71%[14] - Inventory increased significantly to CNY 1,840,822,506.84 from CNY 1,450,823,561.96, representing a growth of approximately 26.83%[14] - Accounts receivable increased to CNY 1,950,739,199.57 from CNY 1,929,435,357.23, showing a slight increase of about 1.10%[14] Financial Expenses and Other Income - The company reported a financial expense of -¥5,085,651.90, a significant improvement from ¥9,621,362.55 in the previous period[17] - Other comprehensive income after tax for the current period is -¥56,414,946.72, compared to ¥15,361,277.36 in the previous period[18]

Financial Performance - Q3 2025 revenue was CNY 633.83 million, a decrease of 2.27% year-over-year, and year-to-date revenue was CNY 1.57 billion, down 9.32% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2025 was CNY 37.52 million, a decline of 9.21%, while year-to-date net profit was CNY 50.99 million, down 54.91% year-over-year[5] - Basic and diluted earnings per share for Q3 2025 were CNY 0.1132, reflecting a decrease of 9.20% compared to the same quarter last year[5] - Total operating revenue for the current period is CNY 1,568,374,499.70, a decrease of 9.26% from CNY 1,728,330,812.46 in the previous period[16] - Net profit for the current period is 44,218,177.69, a decrease of 64.0% compared to 122,850,870.74 in the previous period[17] - Total comprehensive income for the current period is 44,646,067.69, down from 122,232,155.67 in the previous period, reflecting a decline of 63.4%[17] - The company reported a decrease in operating profit to 39,812,422.72, down 70.7% from 135,954,666.15 in the previous period[17] - Basic and diluted earnings per share are both 0.1539, down from 0.3413 in the previous period, reflecting a decline of 54.8%[18] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 4.87 billion, an increase of 7.25% from the end of the previous year[5] - Total liabilities increased to CNY 2,166,379,802.82 from CNY 1,838,919,911.02, reflecting a growth of 17.83%[15] - Total assets reached CNY 4,867,296,102.02, up from CNY 4,538,299,072.11, indicating an increase of 7.25%[16] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 118.68 million year-to-date, a significant decrease of 138.43% compared to the previous year[5] - Cash flow from operating activities shows a net outflow of -118,675,663.38, compared to -49,774,005.93 in the previous period, indicating a worsening cash flow situation[19] - Cash flow from financing activities generated a net inflow of 284,697,299.56, an increase of 145.0% compared to 116,094,862.80 in the previous period[19] - Investment activities resulted in a net cash outflow of -111,526,212.99, an improvement from -129,182,089.56 in the previous period[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 52,338[11] - Ningxia Qinglong Technology Holdings Co., Ltd. holds 19.09% of shares, totaling 63,649,904 shares, with 43,800,000 shares pledged[11] - The second largest shareholder, Chen Jiaxing, holds 8.17% of shares, totaling 27,242,300 shares, with 6,200,000 shares pledged[11] - The total number of preferred shareholders is zero, indicating no preferred shares outstanding[12] - The top ten shareholders do not include any shareholders involved in margin trading or securities lending[11] - The company has not disclosed any changes in the top ten shareholders due to securities lending or borrowing[12] - The company’s major shareholder, Ningxia Qinglong Technology Holdings Co., Ltd., is also the actual controller of the company[11] Investments and Income - The company reported a 40.23% decrease in notes receivable compared to the beginning of the year, primarily due to fewer notes received during the period[9] - Inventory increased by 39.57% compared to the beginning of the year, attributed to goods shipped but not yet recognized as revenue[9] - Long-term equity investments rose by 227.23% compared to the beginning of the year, due to investments in joint ventures[9] - The company experienced a 56.69% decrease in investment income year-over-year, mainly due to reduced fund income received[9] - The company reported a loss of RMB 26,433,699.46 from fair value changes in securities investments during the reporting period[12] - The company has a total investment in securities of RMB 137,408,600, with a fair value of RMB 59,102,141.40 at the end of the period[12] - The company’s financial assets include a total of RMB 12,284,613.27 from other investments[12] - The company reported a significant increase in interest income to CNY 1,256,555.33 from CNY 143,837.80, a growth of 772.5%[16] Operational Metrics - Total operating costs for the current period amount to CNY 1,469,440,277.50, down from CNY 1,552,032,172.37, reflecting a reduction of 5.34%[16] - The company's net profit margin is under pressure due to increased operating costs, with operating costs constituting approximately 93.7% of total revenue[16] - Total revenue from sales of goods and services received cash of 1,636,698,403.91, down 22.0% from 2,096,979,850.86 in the previous period[18] Miscellaneous - Cash and cash equivalents increased to CNY 560,463,011.40 from CNY 557,744,768.48, showing a slight growth of 0.31%[14] - Accounts receivable decreased to CNY 1,527,940,685.39 from CNY 1,598,480,473.70, a decline of 4.43%[14] - Inventory rose significantly to CNY 924,855,717.48 from CNY 662,655,183.59, representing an increase of 39.5%[14] - Short-term borrowings increased to CNY 862,898,854.45 from CNY 595,076,856.90, marking an increase of 45.0%[15] - The company has not undergone an audit for the third quarter financial report[20]

Financial Performance - Q3 2025 revenue reached ¥393,790,760, a 4.23% increase compared to the same period last year[5] - Net profit attributable to shareholders was ¥46,193,818, reflecting a 2.63% year-over-year growth[5] - Basic earnings per share increased by 2.94% to ¥0.35[5] - Total operating revenue for Q3 2025 reached ¥1,176,255,918.15, an increase of 2.9% compared to ¥1,147,210,821.13 in the same period last year[18] - Net profit for the period was ¥142,624,680.23, representing a growth of 8.5% from ¥131,409,200.64 in the previous year[19] - The total comprehensive income attributable to the parent company was CNY 124,880,364.68, an increase from CNY 114,196,777.29 in the previous period, representing a growth of approximately 5.8%[20] - Basic and diluted earnings per share increased to CNY 0.94 from CNY 0.86, reflecting a growth of 9.3%[20] Cash Flow and Investments - Operating cash flow net amount was ¥47,680,182, an 18.00% increase from the previous year[5] - Cash inflow from operating activities totaled CNY 1,124,732,821.37, up from CNY 1,003,771,130.69, indicating an increase of about 12.0%[23] - The net cash flow from operating activities was CNY 47,680,182.42, compared to CNY 40,406,442.14 in the previous period, marking an increase of approximately 17.6%[23] - Net cash flow from investing activities improved by 218.86% to ¥143,642,674.66, primarily due to a decrease in cash paid for investments[11] - Cash inflow from investment activities was CNY 760,340,471.36, slightly down from CNY 760,382,901.92, showing a negligible decrease[23] - The net cash flow from investment activities improved to CNY 143,642,674.66 from a negative CNY 120,854,168.69, indicating a significant turnaround[23] - Cash inflow from financing activities was CNY 154,581,400.00, compared to CNY 82,910,000.00 in the previous period, representing an increase of approximately 86.5%[23] - The net increase in cash and cash equivalents was CNY 190,867,011.41, contrasting with a decrease of CNY 117,521,482.03 in the previous period[23] - The ending balance of cash and cash equivalents was CNY 569,473,874.89, up from CNY 323,569,825.29, reflecting a growth of approximately 76.2%[23] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥3,288,757,008.59, a 3.85% increase from the end of the previous year[5] - The total liabilities increased to ¥1,255,307,247.41 from ¥1,222,888,230.14, reflecting a rise of 2.6%[17] - The company's accounts receivable increased to ¥1,221,351,177.55 from ¥1,040,289,082.85, marking a rise of 17.4%[16] - Total assets reached ¥3,288,757,008.59, up from ¥3,166,693,859.94, indicating a growth of 3.8%[17] - The total equity attributable to shareholders increased to ¥1,931,406,368.34 from ¥1,847,106,552.51, reflecting a growth of 4.5%[17] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 13,338, with no preferred shareholders[12] - The largest shareholder, Yu Xiaoxia, holds 20.39% of shares, totaling 27,375,353 shares[12] - The top ten shareholders collectively hold significant stakes, with the largest three individuals holding a combined 51.99%[12] Other Financial Metrics - Cash and cash equivalents increased by 45.90% to ¥592,356,681.29 due to the redemption of financial products[10] - Long-term equity investments rose by 30.91% to ¥61,737,462.38, indicating growth in investment activities[10] - Non-recurring gains and losses for the reporting period totaled ¥918,629.63, primarily from government subsidies and financial products[7] - Deferred revenue increased by 55.63% to ¥7,464,448.18, primarily due to government subsidies related to assets received during the reporting period[11] - Investment income rose by 59.13% to ¥12,441,363.10, attributed to increased returns from joint ventures and associates[11] - Research and development expenses for the period were ¥21,026,241.07, up from ¥16,870,312.99, showing a year-over-year increase of 24.8%[19] - The company reported a significant decrease in asset impairment losses by 98.21%, down to ¥16,538.11 from ¥923,989.26[11] Accounting Standards - The company plans to implement new accounting standards starting January 1, 2024, which will not have a significant impact on financial statements for the reporting period[5] Audit Information - The company did not undergo an audit for the third quarter financial report[24]

安徽强邦新材料股份有限公司 2025 年第三季度报告 证券代码：001279 证券简称：强邦新材 公告编号：2025-050 安徽强邦新材料股份有限公司 2025 年第三季度报告 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、误导性陈述或重大遗漏。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 ☑否 1 安徽强邦新材料股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 ☑否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | 营业收入（元） | 373,908,340.48 | -2.19% | ...

Financial Performance - The company's operating revenue for the third quarter was ¥2,672,450,056.5, a decrease of 63.84% compared to the same period last year[4] - Net profit attributable to shareholders was ¥6,006,362,216.82, representing a significant increase of 1270.46% year-on-year[4] - The basic earnings per share reached ¥8.04, compared to a loss of ¥0.74 in the same period last year, marking a 1270.46% increase[5] - The total equity attributable to shareholders increased by 134.86% compared to the previous year, reaching ¥1,247,603,383.34[5] - Net profit attributable to shareholders reached CNY 4.83 billion for the first nine months of 2025, an increase of 424.13% year-over-year[15] - The company achieved operating revenue of CNY 14.29 billion from January to September 2025, representing a year-over-year increase of 16.48%[15] - Net profit for the current period was ¥4,586,256,765.20, a significant recovery from a net loss of ¥1,408,035,032.64 in the previous period[23] - Basic and diluted earnings per share improved to ¥6.46, compared to a loss of ¥2.13 per share in the prior period[23] - The total comprehensive income for the current period was ¥4,586,256,765.20, recovering from a loss of ¥1,408,035,032.64 in the previous period[23] Asset and Liability Changes - The total assets at the end of the reporting period were ¥2,258,460,220.57, a decrease of 97.90% compared to the end of the previous year[5] - The company's total assets decreased significantly, with prepaid accounts dropping by 69.23% to ¥14,416,265.54, primarily due to the restructuring completion on August 31, 2025[11] - The total liabilities amounted to CNY 986.27 million as of September 30, 2025, significantly reduced from CNY 96.66 billion at the beginning of the year[20] - The company’s net assets attributable to shareholders were CNY 1.25 billion, a substantial recovery from a negative net asset position of CNY 3.58 billion at the beginning of the year[21] - The company experienced a 100% decrease in long-term receivables, indicating a complete write-off or restructuring of these assets[11] Cash Flow Analysis - The net cash flow from operating activities was ¥96,882,0, a decline of 110.61% compared to the previous year[5] - Cash flow from operating activities showed a net outflow of ¥96,882,099.78, a decline from a net inflow of ¥912,882,586.01 in the previous period[26] - Cash flow from investing activities resulted in a net outflow of ¥7,687,442,357.48, compared to a smaller outflow of ¥69,298,149.41 in the prior period[26] - Cash flow from financing activities generated a net inflow of ¥1,306,015,940.51, contrasting with a net outflow of ¥4,139,922,607.38 in the previous period[26] - The company’s cash and cash equivalents decreased to CNY 1.08 billion from CNY 8.65 billion at the beginning of the period[19] - The company’s cash and cash equivalents at the end of the period were ¥1,072,481,962.33, down from ¥6,858,264,858.98 at the end of the previous period[26] Investment and Restructuring - Investment income surged by 51,810.02% to ¥6,650,603,994.42, attributed to the recognition of investment income following the asset restructuring[12] - The company reported a significant non-recurring gain of ¥6,486,856,391.27 from the restructuring completion on August 31, 2025[8] - The company completed a major asset restructuring on August 31, 2025, transferring real estate development operations to its controlling shareholder[17] - Non-recurring gains and losses included a government subsidy of ¥13,038.39 and a gain from the disposal of non-current assets of ¥144,984.23[7] - The company reported a significant increase in investment income, amounting to ¥6,650,603,994.42, compared to a loss of ¥12,861,344.42 in the previous period[22] Operational Metrics - The company’s operating expenses decreased significantly, with tax and additional charges dropping by 82.45% to ¥47,521,591.30, reflecting overall cost reductions[12] - Operating cash inflow decreased by 57.13% to ¥6,469,149,734.09, mainly due to reduced sales receipts from property sales[12] - Total operating costs increased to ¥16,075,189,314.27, up 20.67% from ¥13,299,112,474.58 in the prior period[22] - The real estate business recorded a total contracted sales amount of CNY 8.08 billion from January to August 2025, a decrease of 31.12% compared to the same period last year[16] - The company’s property management business showed steady growth, with a focus on high-end projects such as China Mobile Shantou, enhancing competitive advantages in various segments[16]

Financial Performance - Q3 2025 revenue was CNY 200,346,913, a decrease of 8.58% year-over-year, and year-to-date revenue was CNY 558,633,030.72, down 15.47% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2025 was CNY 10,414,861.82, a decline of 66.03%, while year-to-date net profit was CNY 16,180,940.17, down 73.47% year-over-year[5] - Basic and diluted earnings per share for Q3 2025 were CNY 0.0427, representing a decrease of 67.97% compared to the same period last year[5] - Total operating revenue for the current period was ¥558,633,030.72, a decrease of 15.5% from ¥660,845,257.81 in the previous period[18] - Net profit for the current period was ¥16,180,940.17, down 73.5% from ¥60,999,761.23 in the previous period[19] - Basic earnings per share decreased to ¥0.0663 from ¥0.2645, a decline of 75%[19] Cash Flow - Cash flow from operating activities for the year-to-date period increased by 112.07% to CNY 115,995,922.34[5] - The company's cash flow from operating activities showed a significant decline, impacting overall liquidity[19] - Operating cash flow for the current period was ¥115,995,922.34, a significant increase from ¥54,698,235.80 in the previous period, representing a growth of approximately 112%[20] - Total cash inflow from operating activities was ¥664,864,099.45, compared to ¥630,523,324.47 in the previous period, indicating a year-over-year increase of about 5.4%[20] - Cash outflow from operating activities decreased to ¥548,868,177.11 from ¥575,825,088.67, reflecting a reduction of approximately 4.7%[20] - The company’s cash flow from operating activities showed a strong performance, contributing positively to the overall cash position despite challenges in investment activities[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,092,933,355.39, an increase of 7.30% from the end of the previous year[5] - Total liabilities rose to ¥829,619,387.83, compared to ¥755,785,472.79, marking an increase of 9.7%[17] - The equity attributable to shareholders of the parent company increased to ¥1,263,313,967.56 from ¥1,194,715,847.70, a growth of 5.7%[17] Shareholder Information - Total number of common shareholders at the end of the reporting period was 31,075[11] - The largest shareholder, Shanghai Xintian Zhi Pharmaceutical Biotechnology Co., Ltd., holds 30.92% of shares, amounting to 75,485,566 shares, with 48,796,844 shares pledged[11] Investments and Capital - The company plans to increase its registered capital from ¥231,491,231.00 to ¥244,103,806.00[12] - The company held 8,806,030 shares in its repurchase account, accounting for 3.61% of total shares[12] Operational Metrics - Significant changes in financial metrics included a 43.38% increase in cash and cash equivalents due to improved cash flow from operations[9] - Short-term borrowings decreased by 80.73% to CNY 306,242,291.69, primarily due to repayment of bank loans[9] - Research and development expenses for the current period were ¥32,148,963.09, an increase of 7.4% from ¥29,913,962.65[18] Other Financial Metrics - Non-operating income for Q3 2025 totaled CNY 439,808.75, down from CNY 2,626,392.42 year-to-date[7] - Deferred income tax liabilities increased to ¥33,817,862.08 from ¥22,105,205.11, reflecting a growth of 53%[18] - Total operating costs decreased to ¥545,335,763.62 from ¥609,497,817.29, reflecting a reduction of 10.5%[18] - The company's total assets increased to ¥2,092,933,355.39, up from ¥1,950,501,320.49, representing a growth of 7.3%[17] - Cash inflow from financing activities was ¥431,900,000.00, down from ¥509,000,000.00, showing a decline of about 15.1%[21] - Net cash flow from financing activities improved to ¥3,356,325.89 from a negative cash flow of ¥11,301,145.05 in the previous period[21]