Financial Performance - The company's operating revenue for the third quarter reached ¥598,741,719, representing a year-on-year increase of 23.07%[5] - The total profit for the quarter was ¥49,494,756, marking a significant increase of 62.11% compared to the same period last year[5] - The net profit attributable to shareholders was ¥37,669,295, reflecting a growth of 64.40% year-on-year[5] - The net profit after deducting non-recurring gains and losses for the quarter was ¥32,703,877, an increase of 84.02% compared to the previous year[5] - The basic earnings per share for the quarter was ¥0.1113, up 74.14% from the same period last year[5] - Total operating revenue for the first three quarters of 2025 reached ¥1,711,953,147.03, an increase of 17.5% compared to ¥1,456,937,506.31 in the same period of 2024[22] - Net profit for the first three quarters of 2025 was ¥97,080,623.41, representing a 53.6% increase from ¥63,217,876.91 in the previous year[24] - Earnings per share for the first three quarters of 2025 were ¥0.2737, compared to ¥0.1695 in the same period of 2024, marking a significant increase[24] Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥3,719,200,785.27, a 9.26% increase from the end of the previous year[6] - The company's total assets increased to ¥3,719,200,785.27 in 2025 from ¥3,403,854,095.36 in 2024, indicating a growth of 9.3%[19] - Total liabilities rose to ¥1,873,117,779.48 in 2025, up from ¥1,626,085,883.18 in 2024, reflecting an increase of 15.2%[19] - The company's long-term borrowings increased to ¥106,744,000.00 in 2025 from ¥69,650,000.00 in 2024, a rise of 53.2%[19] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥89,895,639.60, showing a decline of 28.19% compared to the previous year[5] - Cash inflow from operating activities for the first three quarters of 2025 was $1,102,542,080.20, compared to $1,138,583,161.87 in the same period of 2024, reflecting a decrease of approximately 3.2%[26] - Net cash flow from operating activities decreased to $89,895,639.60 in 2025 from $125,176,921.40 in 2024, representing a decline of about 28.3%[27] - Cash inflow from financing activities was $1,158,870,000.00 in 2025, slightly up from $1,136,829,075.00 in 2024, marking an increase of about 1.9%[27] - The net cash flow from financing activities improved to $109,572,630.74 in 2025, contrasting with a negative cash flow of -$6,669,052.09 in 2024[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,861[12] - The company has a total of 106,884,100 shares held by major shareholder Jin Kun, representing 31.57% of total shares[13] - Jin Xiaotang, another major shareholder, holds 27,748,755 shares, accounting for 8.20% of total shares[13] - The top ten shareholders collectively hold significant stakes, with the largest being Jin Kun and Jin Xiaotang, indicating a concentrated ownership structure[14] Current Assets - The company reported a total current assets of RMB 1,784,199,579.21, an increase from RMB 1,510,167,188.77 in the previous period, reflecting a growth of approximately 18%[17] - Cash and cash equivalents amounted to RMB 203,094,163.26, up from RMB 149,894,619.21, indicating a growth of about 36%[17] - Accounts receivable increased to RMB 640,444,703.07 from RMB 606,775,864.88, representing a rise of approximately 5.5%[17] - Inventory levels were reported at RMB 536,606,927.52, slightly up from RMB 528,678,170.78, showing a marginal increase of around 1.8%[17] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥77,563,859.19, slightly up from ¥77,261,890.39 in 2024, indicating a focus on innovation[23] Non-Recurring Gains - The company reported non-recurring gains of ¥4,965,417.61 for the quarter, with significant contributions from government subsidies[8]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 1,001,820,274.74, representing a year-on-year increase of 24.77%[2] - The total profit for the period was a loss of CNY 323,786,731.65, which is a decrease of 23.65% compared to the same period last year[2] - The net profit attributable to shareholders was a loss of CNY 294,877,023.12, reflecting a decrease of 23.20% year-on-year[2] - The basic earnings per share for the year-to-date period was CNY -0.3108, a decrease of 84.34% year-on-year[2] - Net profit for the first three quarters of 2025 was a loss of CNY 730,666,797.06, compared to a loss of CNY 395,510,681.68 in the same period of 2024, representing an increase in loss of 84.7%[17] - The net profit for the first three quarters of 2025 was a loss of CNY 178,220,842.78, compared to a profit of CNY 218,465,174.90 in the same period of 2024, indicating a significant decline in profitability[25] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 181,877,272.53, an increase of 109.38%[2] - Net cash flow from operating activities for the reporting period was -117.15 million, indicating a decrease as inflows reduced more than outflows[5] - The net cash flow from operating activities for the first three quarters of 2025 is ¥1,305,685,058.91, compared to a negative cash flow of ¥175,290,729.87 in the same period of 2024, indicating a significant improvement[26] - Total cash inflow from operating activities is ¥5,724,733,998.51, while cash outflow is ¥4,419,048,939.60, resulting in a net cash inflow of ¥1,305,685,058.91[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 57,698,889,581.86, down 3.13% from the end of the previous year[2] - The company's total assets amounted to RMB 57.70 billion, a decrease from RMB 59.56 billion at the end of 2024[12] - The company's current liabilities totaled RMB 16.71 billion, down from RMB 20.47 billion at the end of 2024[13] - The company’s total liabilities amounted to CNY 48,150,229,726.63, a slight decrease from CNY 49,221,364,973.35 year-over-year[14] - The company’s total liabilities amounted to CNY 26,314,037,736.98, up from CNY 25,997,993,184.18, representing an increase of approximately 1.21%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 33,824[8] - The largest shareholder, Bright Food (Group) Co., Ltd., holds 35.22% of the shares, totaling 784,975,129 shares[8] - The second-largest shareholder, Shanghai Metropolis Asset Management Co., Ltd., holds 16.07% of the shares, totaling 358,249,294 shares[8] Expenses - The company reported a significant increase in tax expenses, with a year-to-date increase of 139.63% due to rising land value-added tax[4] - The company experienced a 48.25% decrease in sales expenses year-to-date, primarily due to reduced advertising and promotional costs[4] - The company reported a significant increase in financial expenses, totaling CNY 497,483,482.18, compared to CNY 494,788,444.88 in the previous year[17] - The company incurred a credit impairment loss of CNY 78,104,804.87, which is an increase compared to CNY 25,810,173.11 in the previous year[24] - Cash paid for taxes increased significantly to ¥46,886,919.15 in 2025 from ¥21,254,985.84 in 2024, reflecting changes in tax obligations[26] Investment Activities - Cash received from investment income was -100.00 million for both the year-to-date and the reporting period, reflecting a decrease in investment income from joint ventures[5] - The company's cash flow from investing activities showed a net inflow of CNY 78,710,645.97, compared to CNY 277,963,547.62 in the previous period, indicating a decrease in investment activity[19] - The cash flow from investment activities shows a net inflow of ¥125,200,000.00, indicating potential divestitures or asset sales[27] Construction and Real Estate - The company completed construction of 417,800 square meters during the reporting period, with a signed area of 352,800 square meters and a signed amount of RMB 3.20 billion[11] - The company reported a total rental income of RMB 74.33 million for the first nine months of 2025, with a total leased area of 361,100 square meters[11] - The company reported a total of 0 square meters of new real estate reserves and new construction area during the reporting period[10] Financial Reporting - The company did not apply new accounting standards for the year 2025, maintaining consistency in financial reporting[28]

维维食品饮料股份有限公司 2025 年第三季度报告 证券代码：600300 证券简称：维维股份 维维食品饮料股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、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。 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）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 1 / 21 维维食品饮料股份有限公司 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 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | ...

华电能源股份有限公司 2025 年第三季度报告 证券代码：600726 900937 证券简称：华电能源 华电 B 股 华电能源股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、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。 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）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 比上年同 期增减变 | 年初至报告期末 | 年初至报告期 末比上年同期 增减变动幅度 | | --- | --- | --- | --- | --- | | | | 动幅度 | | (%) | | | | (%) | | | | 营业收入 | 3,490,288,067.47 | -12.16 | 11,774 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥2,146,468,712.59, representing a year-on-year increase of 2.08%[5] - Net profit attributable to shareholders decreased by 55.68% to ¥26,013,078.35, while the net profit after deducting non-recurring gains and losses fell by 59.10% to ¥15,947,121.16[5] - Total operating revenue for the current period is ¥6,532,199,832.37, a decrease of 5.16% from ¥6,887,273,560.82 in the previous period[20] - Net profit for the current period is ¥182,686,129.00, a decline of 45.40% compared to ¥336,157,294.11 in the previous period[21] - Earnings per share (basic) for the current period is ¥0.0918, down from ¥0.1634 in the previous period[22] - The total comprehensive income for the current period is ¥362,722,248.91, slightly down from ¥375,413,117.27 in the previous period[22] Cash Flow - The net cash flow from operating activities plummeted by 92.80% to ¥41,134,245.61 compared to the same period last year[11] - Operating cash inflow totaled approximately $6.41 billion, a decrease from $6.71 billion in the previous period[25] - Net cash flow from operating activities was $41.13 million, significantly down from $571.13 million year-over-year[25] - Net cash flow from investing activities improved by 86.17% to -¥138,945,796.94, compared to a much larger outflow in the previous year[11] - Net cash flow from investing activities was -$138.95 million, an improvement from -$1.01 billion in the previous period[25] - Cash flow from financing activities showed a net outflow of -$355.81 million, compared to -$80.48 million last year[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥17,057,984,441.19, a decrease of 0.59% from the end of the previous year[5] - Total current assets amount to 9,263,042,609.93 RMB, an increase from 9,128,986,031.23 RMB at the beginning of the period[17] - Total liabilities amount to ¥6,714,421,722.79, a decrease from ¥6,993,263,362.80 in the previous period[18] - The company has a total of 2,006,532,427.77 RMB in accounts payable, up from 1,930,784,817.62 RMB[17] - Total non-current assets are 7,794,941,831.26 RMB, a decrease from 8,030,777,425.41 RMB[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 82,691[13] - The largest shareholder, Hong Kong Huasheng Holdings, holds 12.85% of shares, totaling 197,338,980 shares[14] - The company’s total equity attributable to shareholders increased by 2.06% to ¥6,709,844,021.01 compared to the end of the previous year[5] - Total equity attributable to shareholders of the parent company is ¥6,709,844,021.01, an increase from ¥6,574,304,305.27 in the previous period[18] Other Financial Metrics - The weighted average return on net assets was 0.41%, down by 0.51% year-on-year[5] - The company reported a financial expense of -¥17,863,301.69, an improvement from -¥30,819,141.97 in the previous period[21] - Other comprehensive income after tax for the current period is ¥180,036,119.91, compared to ¥39,255,823.16 in the previous period[22] - The company reported a significant decrease of 92.62% in trading financial assets, totaling ¥3,223,320.89, primarily due to the maturity of financial products[10] - Other current assets surged by 188.79% to ¥754,574,507.13, mainly due to the purchase of time deposits[10] - The company experienced an 86.10% decline in asset disposal income, amounting to ¥2,985,690.65, attributed to fewer asset disposals during the period[11] Audit Status - The financial report for the third quarter was not audited[26]

Financial Performance - The company's operating revenue for Q3 2025 was ¥465,914,178.79, an increase of 5.51% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2025 reached ¥45,540,828.15, a significant increase of 455.70% year-on-year[5]. - The basic earnings per share for Q3 2025 was ¥0.0369, reflecting a growth of 454.81% compared to the previous year[5]. - Total operating revenue decreased to ¥1,217,250,722.03 from ¥1,243,637,571.71, representing a decline of approximately 2.1% year-over-year[23]. - Net profit increased significantly to ¥102,663,372.01 compared to ¥47,457,089.90 in the previous period, marking a growth of approximately 116.5%[23]. - Earnings per share (EPS) rose to ¥0.0754 from ¥0.031, representing an increase of approximately 142.6%[24]. Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥5,045,857,582.25, a slight decrease of 0.39% from the end of the previous year[5]. - The total liabilities decreased to ¥2,529,828,059.71 from ¥2,592,178,008.28, reflecting a reduction of about 2.4%[20]. - The company’s total equity attributable to shareholders increased by 3.79% to ¥2,083,133,871.44 compared to the end of the previous year[5]. - The total equity attributable to shareholders increased to ¥2,083,133,871.44 from ¥2,007,073,603.17, showing an increase of approximately 3.8%[20]. - The company reported a total current liability of CNY 29,097,001.76 for short-term borrowings, an increase from CNY 19,402,430.56[19]. Cash Flow - The company reported a net cash flow from operating activities of ¥53,645,853.11 for the year-to-date, down 4.40% from the previous year[5]. - The net cash flow from operating activities was $53,645,853.11, a decrease from $56,115,225.68 in the previous period, reflecting a decline of approximately 2.5%[26]. - Cash inflow from investment activities totaled $109,975,494.92, down from $331,643,485.88, indicating a significant decrease of about 66.8%[26]. - The net cash flow from financing activities was -$23,541,070.70, compared to -$330,676,879.46 in the prior period, showing an improvement in cash flow management[26]. - The cash inflow from operating activities was $1,334,312,203.80, compared to $1,425,595,063.58, marking a decline of about 6.4%[26]. Investments and Other Income - The company experienced a 804.02% increase in net cash flow from investing activities, amounting to -¥263,722,292.47, primarily due to increased investments in distributed power stations[12]. - The company reported a significant increase in other operating income, which rose by 927.98% to ¥26,193,130.67, mainly due to arbitration awards for customer penalties[11]. - The cash outflow for investment activities was $373,697,787.39, slightly up from $360,815,675.26, suggesting continued investment despite cash flow challenges[26]. Shareholder and Corporate Governance - The company has no significant changes in the top 10 shareholders or their shareholdings during the reporting period[15]. - There are ongoing litigation matters involving the company's subsidiaries, with updates expected in the coming months[16]. - The company did not undergo an audit for the third quarter report, which may impact investor confidence[28]. Current Assets and Inventory - Current assets decreased to CNY 2,905,849,257.79 from CNY 3,031,615,431.47, primarily due to a reduction in cash and cash equivalents[19]. - The company's cash and cash equivalents stood at CNY 796,164,222.58, down from CNY 1,013,767,043.88[19]. - Accounts receivable increased to CNY 334,088,341.70 from CNY 281,974,498.93, indicating a growth of approximately 18.5%[19]. - Inventory decreased to CNY 1,448,967,524.42 from CNY 1,522,788,361.58, reflecting a decline of about 4.8%[19].

深圳瑞捷技术股份有限公司 2025 年第三季度报告 证券代码：300977 证券简称：深圳瑞捷 公告编号：2025-054 深圳瑞捷技术股份有限公司 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、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 □是 否 1 □是 否 | | 本报告期 | 本报告期比上年同 | 年初至报告期末 | 年初至报告期末比 | | --- | --- | --- | --- | --- | | | | 期增减 | | 上年同期增减 | | 营业收入（元） | 126,273,029.08 | -1.53% | 326,545,648.89 | -3.13% | | 归属于上市公司股 | 8,116,695.35 | 38.32% | 27,12 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥37,241,444.57, a decrease of 47.92% compared to the same period last year[5] - The net profit attributable to shareholders was -¥50,818,754.46, representing a 26.70% increase in losses year-over-year[5] - The basic earnings per share were -¥0.15, which is a 25.00% improvement compared to the previous year[5] - The company experienced a 49.58% decrease in operating revenue year-to-date, totaling ¥109,442,238.43[9] - Total operating revenue decreased to ¥109,442,238.43 from ¥217,079,111.55, representing a decline of approximately 49.6% year-over-year[21] - The company's net loss from investments was ¥95,499,031.85, compared to a loss of ¥116,086,486.32 in the previous period[21] - The company reported a net loss of approximately ¥170.73 million for the current period, compared to a net loss of ¥199.04 million in the previous period, indicating an improvement of about 14.3% year-over-year[22] - The company reported a total comprehensive loss of approximately ¥170.73 million, compared to a loss of ¥199.04 million in the previous period, showing a year-over-year improvement[22] - Basic earnings per share were reported at -¥0.48, an improvement from -¥0.55 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥559,866,333.33, down 22.65% from the end of the previous year[5] - Total assets decreased to ¥559,866,333.33 from ¥723,805,372.44, a reduction of about 22.7%[19] - Total liabilities decreased to ¥115,693,650.24 from ¥120,197,982.79, a decrease of approximately 3.9%[19] - The company's long-term equity investments decreased to ¥160,507,401.00 from ¥256,490,151.51, a decline of about 37.4%[18] - The company's total current assets decreased to ¥323,080,986.25 from ¥379,642,733.32, a decline of about 15.0%[18] Cash Flow - The company reported a net cash flow from operating activities of -¥59,659,003.60, a significant decline of 929.63% compared to the previous year[5] - Operating cash flow for the current period was negative at ¥59.66 million, a significant decline from a positive cash flow of ¥7.19 million in the previous period[23] - The company generated cash inflows from operating activities totaling ¥115.85 million, a decrease of 48.3% compared to the previous period[23] - The company’s investment activities resulted in a net cash outflow of approximately ¥671,494.88, compared to a much larger outflow of ¥94.69 million in the previous period[23] - The company’s financing activities resulted in a net cash outflow of approximately ¥2.85 million, a significant reduction from an outflow of ¥58.27 million in the previous period[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,531[11] - The largest shareholder, Chen Chongjun, holds 19.91% of the shares, totaling 67,693,537 shares, with 83.19% of his shares pledged[15] - The total number of shares pledged by Chen Chongjun amounts to 56,312,923 shares, representing 16.56% of the company's total equity[15] - The top ten shareholders collectively hold a significant portion of the company's equity, with the largest shareholder holding nearly 20%[11] - A total of 989,981 shares are under lock-up due to executive restrictions, with a release schedule based on the tenure of the executives[12] Legal and Regulatory Matters - The company has initiated legal proceedings regarding the unpaid remaining 49% of the equity transfer payment for the sale of a 20.41% stake in Shanghai Zhiyu Information Technology Co., Ltd.[13] - The company has not yet received performance compensation payments from Dongfang Gaosheng and Shanghai Muyu for unmet performance commitments for 2024[14] - The company has a significant risk of forced selling if the court executes the frozen shares held by the controlling shareholder[15] Operational Efficiency - The company recorded a 77.79% reduction in sales expenses, amounting to ¥21,964,435.42, primarily due to the exclusion of Donggao Technology from the consolidation scope[9] - Total operating costs decreased to ¥170,050,767.30 from ¥260,516,057.25, a reduction of about 34.7% year-over-year[21] - The company incurred total operating expenses of ¥175.51 million, which is a decrease from ¥217.07 million in the previous period, reflecting a cost reduction strategy[23] Other Financial Metrics - Cash and cash equivalents decreased to ¥147,896,326.66 from ¥201,909,179.33, a decline of approximately 26.7%[18] - Inventory decreased to ¥93,435,717.93 from ¥106,706,414.42, a reduction of approximately 12.4%[18] - The company's retained earnings showed a significant decline, with an increase in the negative balance to ¥-382,072,270.87 from ¥-217,810,272.80[20]

Financial Performance - The company's revenue for Q3 2025 was ¥851,300,049.61, representing a decrease of 13.85% compared to the same period last year[5] - The net profit attributable to shareholders was -¥221,629,661.73, a decline of 98.08% year-on-year[5] - The basic earnings per share were -¥0.4594, down 98.53% from the previous year[5] - Total revenue for the current period is CNY 3,828,041,060.57, a decrease of 3.8% compared to CNY 3,979,698,933.71 in the previous period[25] - The net profit for the current period is a loss of CNY 88,914,858.38, compared to a profit of CNY 9,367,107.46 in the previous period[26] - Total comprehensive income amounted to ¥85,265,716.53, a decrease of ¥47,057,886.98 compared to the previous period[27] - Basic and diluted earnings per share were both -0.1841, compared to 0.0191 in the previous period[27] Assets and Liabilities - Total assets at the end of the reporting period reached ¥10,423,855,513.50, an increase of 10.85% compared to the end of the previous year[5] - The company's total assets increased to CNY 10,423,855,513.50 from CNY 9,403,298,316.92 at the beginning of the period[24] - Current assets rose to CNY 8,037,458,359.01, up from CNY 7,303,988,505.63 at the beginning of the period, reflecting a growth of 10.1%[24] - The total liabilities increased to CNY 5,964,474,577.45 from CNY 5,026,997,777.21, marking an increase of 18.6%[24] - Short-term borrowings increased significantly to CNY 1,999,021,902.94 from CNY 1,073,120,303.39, indicating a rise of 86.1%[24] Cash Flow - Cash flow from operating activities showed a net outflow of -¥49,786,934.34, a decrease of 105.85% year-on-year[5] - Cash inflow from operating activities was ¥5,197,688,390.27, an increase from ¥4,879,420,187.82 in the previous period[28] - Net cash flow from operating activities was -¥49,786,934.34, a significant decline from ¥850,540,046.61 in the previous period[29] - Cash inflow from investing activities totaled ¥1,597,269,093.70, slightly up from ¥1,582,885,132.12 in the previous period[29] - Net cash flow from investing activities was -¥1,069,537,971.52, worsening from -¥688,623,615.17 in the previous period[29] - Cash inflow from financing activities reached ¥4,218,863,870.68, compared to ¥1,474,082,778.77 in the previous period[29] - Net cash flow from financing activities was ¥973,334,561.72, a recovery from -¥99,049,892.20 in the previous period[29] - The ending balance of cash and cash equivalents was ¥1,907,319,284.84, down from ¥1,797,781,830.88 in the previous period[29] Research and Development - Research and development expenses increased by 30.91% to ¥19,545.44 million, reflecting a rise in R&D personnel[11] - Research and development expenses for the current period were CNY 195,454,422.60, up from CNY 149,307,896.33 in the previous period, reflecting a growth of 30.9%[26] Shareholder Information - The total equity attributable to shareholders was ¥4,459,908,139.42, reflecting a slight increase of 1.90% from the previous year[5] - The total number of common shareholders at the end of the reporting period is 25,455[15] - GLOBE HOLDINGS (HONG KONG) CO., LIMITED holds 52.98% of shares, totaling 255,598,466 shares[15] - The second largest shareholder, Junma Enterprise Limited, holds 18.82% with 90,790,870 shares[15] - The total number of shares held by the top 10 shareholders is 57.10% when including indirect holdings[16] - The company has 278,021,304 shares under lock-up, with no shares released during the reporting period[19] - The company plans to reserve stock options for incentive purposes, as approved in board meetings held on August 27, 2025[20] - The stock option incentive plan for 2024 was completed on September 3, 2025[20] - The number of shares held by Chen Yin, the actual controller, is 18,232,632, representing 3.92% of the total shares[16] - The company has no preferred shareholders or changes in restricted shares during the reporting period[17] - The top 10 unrestricted shareholders hold a total of 94,000,000 shares[16] Other Information - The financial report for the third quarter was not audited[31]

Financial Performance - The company's operating revenue for Q3 2025 was ¥52,196,387.10, a decrease of 21.71% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2025 was ¥745,806.94, down 37.86% year-on-year[4] - The basic earnings per share for Q3 2025 was ¥0.0025, reflecting a decline of 37.50% compared to the previous year[4] - Total operating revenue for the current period was ¥193,751,244.66, a decrease of 11.2% from ¥218,236,369.58 in the previous period[22] - Operating profit for the current period was ¥9,328,859.36, compared to ¥10,778,282.84 in the previous period, indicating a decline of 13.5%[22] - Net profit for the current period is 4,275,958.81, a decrease of 16.1% from 5,093,497.45 in the previous period[23] - Total comprehensive income for the current period is 4,275,958.81, a decrease of 16.1% from 5,093,497.45 in the previous period[23] - Basic and diluted earnings per share are both 0.0152, down from 0.0209 in the previous period[23] Assets and Liabilities - Total assets at the end of Q3 2025 reached ¥1,272,048,615.06, an increase of 6.64% from the end of the previous year[5] - The total assets increased to ¥1,272,048,615.06 from ¥1,192,790,641.91, representing a growth of 6.7%[21] - Current liabilities rose to ¥414,139,773.43, up from ¥321,279,947.23, marking an increase of 29%[21] - The total liabilities increased to ¥422,816,346.41 from ¥333,015,017.42, reflecting a growth of 27%[21] - The total equity attributable to shareholders decreased to ¥846,218,671.64 from ¥856,524,656.94, a decline of 1.9%[21] - Cash and cash equivalents decreased to ¥398,521,682.34 from ¥476,092,459.93, a reduction of 16.3%[20] Cash Flow - The company's net cash flow from operating activities showed a negative net amount of ¥48,672,019.52, an increase of 52.66% in outflow compared to the previous year[4] - Operating cash flow net amount is -48,672,019.52, an improvement from -102,812,910.72 in the previous period[26] - Investment activities generated a net cash flow of -4,008,444.66, compared to -75,727,937.82 in the previous period, indicating a significant reduction in cash outflow[26] - Cash flow from financing activities resulted in a net outflow of -24,541,484.15, compared to -2,701,147.46 in the previous period[27] - Cash and cash equivalents at the end of the period stand at 390,462,665.57, an increase from 310,737,485.51 in the previous period[27] Inventory and Prepayments - The company reported a significant increase in inventory, which rose by 131.66% to ¥212,030,334.74 due to increased costs of unfinished projects[9] - The company experienced a substantial increase in prepayments, which rose by 228.36% to ¥125,121,747.97, attributed to project progress[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,947[13] - The largest shareholder, China Academy of Sciences Holdings Co., Ltd., holds 90,477,651 shares, representing a significant portion of the company's equity[15] - The total number of shares held by the top 10 unrestricted shareholders amounts to 100,000,000 shares, indicating strong institutional support[15] - The company has a total of 10,837,361 restricted shares at the beginning of the period, with 5,729,463 shares released from restriction during the period[17] - The company plans to release 268,880 additional restricted shares, resulting in a total of 5,376,778 restricted shares remaining[17] - The company has not disclosed any significant changes in shareholder relationships among the top 10 shareholders[15] - The company has a total of 1,339,400 shares held by Jiangsu Bank Co., Ltd. under a flexible allocation mixed securities investment fund[15] - The company has a total of 1,872,900 shares held by Wu Zhiming, indicating individual investor interest[15] - The company has a total of 1,367,400 shares held by China Minsheng Bank Co., Ltd., reflecting institutional investment[15] - The company has a total of 1,359,950 shares held by Qianhai Life Insurance Co., Ltd., showcasing diversified investment sources[15] - The company has a total of 2,169,828 shares held by Shanghai Tongli Industrial Co., Ltd., indicating potential strategic partnerships[15] Other Income - The company reported a decrease in other income by 44.64% to ¥1,475,072.24, due to reduced government subsidies recognized during the reporting period[12] - The company reported an investment income of ¥12,002,006.20, up from ¥6,612,362.94, indicating an increase of 81.5%[22]