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。 中际联合（北京）科技股份有限公司2025 年第三季度报告 证券代码：605305 证券简称：中际联合 中际联合（北京）科技股份有限公司 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。 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 | | | 本报告期 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 比上年同 | 年初至报告期末 | 末比上年同期 | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 533,677,662.80 | 46.68 | 1, ...

Financial Performance - Total revenue for Q3 2025 was ¥890,563,219.19, a decrease of 14.44% compared to the same period last year[4] - Net profit attributable to shareholders was -¥722,935.72, representing a decline of 103.55% year-on-year[4] - The total profit for the year-to-date was ¥34,181,516.84, down 51.37% compared to the previous year[4] - Basic earnings per share for Q3 2025 was -¥0.0004, a decrease of 103.54% from the same period last year[6] - Total operating revenue for the first three quarters of 2025 was CNY 2,734,486,872.56, a decrease of 10.2% compared to CNY 3,045,295,579.97 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was CNY 32,573,041.36, a decline of 46.3% from CNY 60,547,460.16 in 2024[20] - The company's operating revenue for the first three quarters of 2025 was CNY 40,216,686.15, a decrease of 33.4% compared to CNY 60,424,626.42 in the same period of 2024[27] - The net profit for the first three quarters of 2025 reached CNY 87,145,023.74, significantly up from CNY 18,946,245.71 in the previous year, marking an increase of 359.5%[27] Cash Flow - Cash flow from operating activities for the year-to-date was -¥36,499,696.15, an increase of 52.00% compared to the previous year[4] - Cash flow from operating activities for the first three quarters of 2025 was a net outflow of CNY 36,499,696.15, an improvement from a net outflow of CNY 76,046,728.03 in 2024[22] - The company's cash flow from investing activities showed a net inflow of CNY 61,910,751.03, contrasting with a net outflow of CNY 305,148,829.77 in the previous year[23] - The company's cash flow from financing activities generated a net inflow of CNY 7,024,143.18, compared to a net outflow of CNY 535,466,084.16 in the previous year[23] - In the first three quarters of 2025, the company generated cash inflows from operating activities amounting to ¥153,633,282.83, a significant increase from ¥6,491,372.26 in the same period of 2024[29] - The net cash flow from operating activities for the first three quarters of 2025 was ¥132,942,519.77, compared to a negative cash flow of ¥4,002,013.31 in 2024[29] - The company reported cash inflows from investment activities totaling ¥1,044,373,466.37 in the first three quarters of 2025, up from ¥295,780,480.82 in 2024[29] - The net cash flow from investment activities was negative at ¥691,709,147.54 for the first three quarters of 2025, contrasting with a positive cash flow of ¥34,484,989.10 in 2024[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,204,082,234.35, down 4.01% from the end of the previous year[6] - The total current assets as of September 30, 2025, amount to ¥4,385,289,354.16, a decrease from ¥4,615,129,893.14 on December 31, 2024[16] - The total assets as of September 30, 2025, are ¥5,204,082,234.35, down from ¥5,421,739,476.49 on December 31, 2024[17] - The total current liabilities as of September 30, 2025, are ¥1,364,349,110.78, a decrease from ¥1,592,552,177.74 on December 31, 2024[17] - Total liabilities increased to CNY 1,621,588,418.95 in 2025 from CNY 1,389,324,990.93 in 2024, reflecting a growth of 16.7%[18] - The total liabilities as of September 30, 2025, were CNY 68,587,340.84, compared to CNY 53,787,592.53 at the end of 2024[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 114,729[12] - ShowWorld HongKong Limited holds 332,615,750 shares, accounting for 18.40% of total shares[12] - WB Online Investment Limited owns 147,726,614 shares, representing 8.17% of total shares[12] Management and Strategy - The company attributed the decline in profits to market environment impacts and a decrease in business scale[10] - The company has increased efforts in receivables collection, contributing to improved cash flow from operating activities[11] - The company's management expenses for the first three quarters of 2025 were CNY 12,679,589.98, significantly higher than CNY 4,971,445.76 in the same period of 2024[27] - The company's management indicated a focus on expanding market presence and enhancing product offerings in future strategies[30] Other Financial Metrics - The weighted average return on equity was -0.02%, a decrease of 0.55 percentage points compared to the previous year[6] - Non-recurring gains and losses for the current period totaled -¥1,832,462.92, with a year-to-date total of ¥2,308,817.58[9] - The company reported a credit impairment loss of CNY 14,138,755.69 in 2025, compared to a gain of CNY 47,391,677.10 in 2024[20] - The company recorded other comprehensive income after tax of CNY -3,538,025.05 in 2025, contrasting with CNY 959,542.33 in 2024[20] - The company's total equity attributable to shareholders increased slightly to CNY 3,846,397,748.84 in 2025 from CNY 3,830,224,006.07 in 2024[18] - The company's total equity as of September 30, 2025, was CNY 3,135,112,513.74, an increase from CNY 3,063,514,120.43 at the end of 2024[26]

Financial Performance - The company's operating revenue for the third quarter was ¥215,969,026.10, a decrease of 0.64% compared to the same period last year[4] - The total profit for the quarter was ¥31,886,701.31, reflecting a decline of 12.40% year-over-year[4] - The net profit attributable to shareholders was ¥23,016,173.31, down 20.22% from the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥21,077,136.63, a decrease of 23.50% compared to the same period last year[4] - The company reported a basic and diluted earnings per share of ¥0.0480, down 20.13% from the previous year[5] - Total comprehensive income for the period reached CNY 61,201,106.44, an increase from CNY 53,672,919.82 in the previous period, representing a growth of approximately 14.2%[19] - The basic and diluted earnings per share were both CNY 0.1177, up from CNY 0.1049, marking an increase of approximately 16.5%[19] Research and Development - Research and development expenses totaled ¥20,846,114.85, accounting for 9.65% of operating revenue, an increase of 1.10 percentage points year-over-year[5] - The company's research and development expenses increased to ¥56,676,705.96 in 2025, compared to ¥47,360,099.25 in 2024, marking a rise of 19.5%[17] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was ¥155,802,272.57, showing a significant increase of 934.02%[9] - Net cash flow from operating activities was CNY 155,802,272.57, significantly up from CNY 15,067,563.79 in the same period last year, indicating a year-over-year increase of over 935%[22] - Cash inflow from sales of goods and services amounted to CNY 790,232,222.00, compared to CNY 666,710,299.68 in the previous year, reflecting a growth of about 18.5%[21] - Total cash and cash equivalents at the end of the period were CNY 2,404,529,418.72, slightly up from CNY 2,403,523,505.15, indicating a stable liquidity position[23] - The net increase in cash and cash equivalents for the period was CNY 31,760,957.93, contrasting with a decrease of CNY 132,818,353.45 in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,121,344,372.77, a decrease of 3.04% from the end of the previous year[5] - The total assets of the company amounted to ¥4,121,344,372.77, a decrease from ¥4,250,384,062.74 in the previous year[17] - Total liabilities decreased to ¥609,311,564.92 from ¥737,152,361.33, indicating a reduction of approximately 17.4%[16] - The equity attributable to shareholders of the parent company was ¥3,401,262,976.68, slightly down from ¥3,407,150,283.03[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,761[11] - The largest shareholder, China Railway Harbin Bureau Group Co., Ltd., holds 261,199,999 shares, accounting for 54.42% of total shares[11] - The second-largest shareholder, CRRC (Beijing) Transformation Upgrade Fund Management Co., Ltd., holds 20,843,818 shares, representing 4.34%[11] Operational Insights - The company has not disclosed any significant operational issues during the reporting period[13] - The report does not indicate any new product launches or technological developments[12] - There are no updates on market expansion or mergers and acquisitions strategies[12] Other Financial Metrics - The weighted average return on equity was 0.68%, a decrease of 0.18 percentage points compared to the previous year[5] - The company reported a financial income of ¥21,549,142.70, compared to ¥33,931,757.70 in the previous year, reflecting a decrease of 36.5%[18] - The company's contract liabilities were reported at ¥104,413,365.48, down from ¥115,917,286.18, indicating a decrease of 9.5%[16] - Cash outflow from investing activities was CNY 63,371,453.20, down from CNY 101,429,834.02, showing a reduction of approximately 37.5%[22] - Cash outflow for financing activities totaled CNY 63,194,581.54, compared to CNY 48,894,797.80 in the previous year, representing an increase of about 29.3%[23] - The company reported a foreign exchange gain of CNY 43,184.88, contributing positively to the overall financial results[19]

梦百合家居科技股份有限公司 2025 年第三季度报告 梦百合家居科技股份有限公司 2025 年第三季度报告 1 / 13 梦百合家居科技股份有限公司 2025 年第三季度报告 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。 公司负责人倪张根、主管会计工作负责人谢雷义及会计机构负责人（会计主管人员）张海龙保证 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 动幅度(%) 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(%) 营业收入 2,440,056,641.62 11.98 6,755,789,054.61 10.29 利润总额 51,700,881.20 118.70 193,764,116.73 201.90 归属于上市公司股东的 净利润 46,347,700.05 122.55 160,901,958.12 205.18 归属于上市公司股东的 扣除非经常 ...

浙江尖峰集团股份有限公司 2025 年第三季度报告 证券代码：600668 证券简称：尖峰集团 浙江尖峰集团股份有限公司 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 一、主要财务数据 （一） 主要会计数据和财务指标 单位：万元 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 | | | | (%) | | (%) | | 营业收入 | 62,125.44 | -6.33 | 191,9 ...

安泰科技股份有限公司 2025 年第三季度报告 证券代码：000969 证券简称：安泰科技 公告编号：2025-041 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 安泰科技股份有限公司 2025 年第三季度报告 安泰科技股份有限公司 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 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | 营业收入（元） | 2,103,830,259.68 | 8.92% | 5, ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥526,633,534.24, a decrease of 4.29% compared to the same period last year[5]. - The total profit for the quarter was ¥16,319,126.08, reflecting a significant decline of 46.99% year-over-year[5]. - The net profit attributable to shareholders was ¥15,810,043.68, down 45.53% from the previous year[5]. - The net profit after deducting non-recurring gains and losses was ¥14,212,537.15, a decrease of 50.90% compared to the same period last year[5]. - The basic earnings per share for the quarter was ¥0.04, a decline of 45.53% year-over-year[6]. - Total operating revenue for the first three quarters of 2025 is CNY 1,454,519,159.86, a decrease of 3.95% compared to CNY 1,514,381,744.40 in the same period of 2024[21]. - Net profit for the first three quarters of 2025 is CNY 59,467,425.90, a decrease of 2.99% compared to CNY 61,298,845.67 in the same period of 2024[21]. - The company reported a basic earnings per share of CNY 0.15 for the first three quarters of 2025, down from CNY 0.16 in the same period of 2024[22]. - The total profit for the first three quarters of 2025 was approximately ¥54.96 million, a decrease of 84.7% compared to ¥359.36 million in the same period of 2024[32]. - Net profit for the first three quarters of 2025 was approximately ¥50.09 million, a significant decrease of 85.9% compared to ¥355.17 million in the same period of 2024[32]. Assets and Liabilities - The total assets at the end of the quarter amounted to ¥3,173,598,362.83, representing a 5.36% increase from the end of the previous year[6]. - The total liabilities of the company were reported at CNY 1,500,000,000.00, maintaining a stable leverage position[17]. - The total liabilities increased to CNY 1,008,051,407.28 in 2025 from CNY 880,927,114.53 in 2024, reflecting a growth of 14.5%[21]. - The total equity attributable to shareholders of the parent company is CNY 2,153,845,392.84, up from CNY 2,125,782,563.13 in the previous year, indicating a growth of 1.32%[21]. - The company's total assets reached CNY 3,173,598,362.83 in 2025, compared to CNY 3,012,045,036.03 in 2024, marking an increase of 5.36%[21]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥29,460,755.05, an increase of 59.53%[5]. - Cash inflow from operating activities totaled CNY 1,474,710,536.34, a decrease of 17.1% from CNY 1,780,567,340.59 in the previous period[24]. - Cash outflow from operating activities was CNY 1,445,249,781.29, down from CNY 1,762,099,627.96, resulting in a net cash flow from operating activities of CNY 29,460,755.05, an increase of 59.5% compared to CNY 18,467,712.63[24]. - The company reported a net cash flow from operating activities of approximately -¥32.03 million for the first three quarters of 2025, compared to ¥30.31 million in the same period of 2024[34]. - The financing activities generated a net cash flow of approximately ¥17.92 million in the first three quarters of 2025, contrasting with a net outflow of approximately -¥384.39 million in the same period of 2024[35]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,707[12]. - The company has not reported any significant changes in its shareholder structure or financing activities during the reporting period[15]. Operational Metrics - The company experienced a 46.99% decline in total profit primarily due to market demand constraints affecting revenue and product pricing[10]. - The company's cash and cash equivalents decreased to CNY 325,570,384.39 from CNY 790,127,425.48, indicating a significant reduction in liquidity[16]. - Accounts receivable rose to CNY 1,081,648,663.99, up from CNY 676,229,197.17, reflecting a 60% increase in receivables[16]. - The company's inventory decreased to CNY 190,831,010.21 from CNY 201,688,265.38, indicating improved inventory management[17]. - The company reported a significant increase in interest expenses, rising to approximately ¥2.15 million in the first three quarters of 2025 from ¥0.73 million in the same period of 2024[32].

Financial Performance - The company's operating revenue for Q3 2025 was ¥96,573,642.82, a decrease of 9.91% compared to the same period last year[3] - Total profit for the quarter was ¥15,834,978.17, down 51.10% year-on-year[3] - Net profit attributable to shareholders was ¥16,776,797.32, a decline of 40.85% compared to the previous year[3] - The basic earnings per share for the quarter was ¥0.0415, a decrease of 40.71% year-on-year[3] - The net profit for the current period is CNY 49,010,456.03, a decrease of 13.6% compared to CNY 56,766,190.28 in the previous period[20] - The company’s total profit decreased to CNY 48,414,593.89 from CNY 54,725,242.95, reflecting a decline of 10.5%[19] - The basic and diluted earnings per share for the current period are both CNY 0.1275, slightly up from CNY 0.1263 in the previous period[21] Research and Development - Research and development expenses totaled ¥17,928,804.88, representing 18.56% of operating revenue, an increase of 4.26 percentage points[4] - Research and development expenses rose to CNY 55,646,230.26, up from CNY 40,647,975.02, marking an increase of 37.0%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,477,568,380.43, an increase of 1.71% from the end of the previous year[4] - Current assets as of September 30, 2025, totaled RMB 1,214,130,129.89, down from RMB 1,319,903,679.95 at the end of 2024, reflecting a decrease of approximately 8%[14] - Cash and cash equivalents decreased to RMB 210,722,470.80 from RMB 226,773,596.88, a decline of about 7.5%[14] - Accounts receivable increased to RMB 445,555,805.43 from RMB 412,783,406.00, representing a growth of approximately 7.9%[14] - Inventory rose to RMB 207,527,521.77, up from RMB 160,105,468.27, indicating an increase of about 29.6%[14] - Total liabilities decreased to RMB 755,397,747.30 from RMB 762,883,231.06, a reduction of approximately 1.1%[16] - Total equity increased to RMB 1,722,170,633.13 from RMB 1,672,976,576.76, reflecting a growth of about 2.9%[16] - Fixed assets increased to RMB 539,112,138.42 from RMB 480,163,352.05, showing an increase of approximately 12.3%[15] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥37,345,882.38, indicating a significant cash outflow[3] - The company reported a net cash outflow from operating activities of CNY -37,345,882.38, an improvement from CNY -63,506,099.49 in the previous year[22] - Cash and cash equivalents at the end of the period totaled CNY 210,722,466.23, compared to CNY 73,751,873.31 at the end of the previous year[22] - Investment activities resulted in a net cash outflow of CNY -21,251,431.57, compared to CNY -6,904,828.12 in the previous year[23] Shareholder Information - The company reported a total of 10,438 ordinary shareholders at the end of the reporting period[11] - Major shareholders include Li Wanxiao with 42.15% ownership and Cui Yanxia with 23.44% ownership[11] Future Outlook - The company reported a net profit margin improvement, with net profit for the first three quarters of 2025 expected to show positive growth compared to the previous year[18] - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[18] Operating Costs - The total operating costs increased to CNY 267,401,927.35 from CNY 235,673,804.20, representing an increase of 13.5%[19] - The company’s financial expenses increased significantly, with interest expenses rising to CNY 2,075,471.05 from CNY 586,099.98[19]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥15.60 billion, a 2.70% increase compared to ¥15.19 billion in the same period last year[4]. - The net profit attributable to shareholders was ¥572.78 million, reflecting a 20.15% increase from ¥476.32 million year-over-year[4]. - The total profit for the period was ¥778.52 million, marking a significant increase of 34.83% compared to ¥577.02 million in the previous year[4]. - The company reported a 6.71% increase in main business revenue, totaling ¥15.07 billion compared to ¥14.12 billion in the same period last year[4]. - Total operating revenue for the first three quarters of 2025 reached CNY 42.83 billion, an increase of 5.37% compared to CNY 40.65 billion in the same period of 2024[18]. - Net profit for the first three quarters of 2025 was CNY 1.90 billion, representing a 21.77% increase from CNY 1.56 billion in 2024[18]. - Earnings per share for the first three quarters of 2025 were CNY 1.254, compared to CNY 1.011 in the same period of 2024, reflecting a growth of 24.06%[19]. - The company reported a comprehensive income total of CNY 1.99 billion for the first three quarters of 2025, compared to CNY 1.53 billion in 2024, reflecting overall growth[19]. Cash Flow - The net cash flow from operating activities was ¥1.63 billion, a decrease of 6.28% from ¥1.74 billion in the same quarter last year[4]. - The net cash flow from operating activities increased to ¥3,430,653,940.32, up from ¥2,950,742,202.99, representing a growth of approximately 16.2% year-over-year[21]. - Total cash inflow from operating activities was ¥47,960,776,509.46, compared to ¥44,305,466,342.43 in the previous period, indicating an increase of about 6.0%[21]. - Cash outflow from investing activities totaled ¥17,478,928,701.25, down from ¥19,305,622,558.68, reflecting a decrease of approximately 9.5%[21]. - The net cash flow from investing activities was negative at -¥2,034,601,207.04, compared to a positive ¥145,401,776.30 in the previous period[21]. - Cash inflow from financing activities decreased to ¥1,543,269,190.79 from ¥1,784,602,996.72, a decline of about 13.5%[21]. - The net cash flow from financing activities was -¥1,318,583,172.64, improving from -¥2,906,762,051.88 year-over-year[21]. - Cash received from operating activities related to other business activities was ¥620,294,638.68, up from ¥479,625,442.28, an increase of about 29.4%[21]. Assets and Liabilities - The company's total assets decreased by 3.11% to ¥45.29 billion from ¥46.66 billion at the end of the previous year[5]. - The total current assets as of September 30, 2025, amount to ¥35,657,220,553.09, a decrease from ¥36,986,117,879.46 as of December 31, 2024[14]. - The company's cash and cash equivalents are reported at ¥2,358,798,017.66, down from ¥2,685,963,882.75 in the previous period[14]. - Total liabilities amount to ¥26,000,000,000, with short-term borrowings at ¥773,920,766.81, up from ¥682,667,537.55[15]. - The total liabilities decreased to CNY 19.15 billion in 2025 from CNY 21.66 billion in 2024, showing a reduction in financial leverage[18]. - The total equity attributable to shareholders increased to CNY 20.44 billion in 2025 from CNY 19.67 billion in 2024, indicating a strengthening of the company's financial position[18]. Shareholder Information - Hisense Group Holdings Co., Ltd. holds 392,505,971 shares, representing 30.08% of total shares[12]. - The company has no pledged, marked, or frozen shares among its top shareholders[12]. - The company does not have any significant changes in the participation of major shareholders in margin trading and securities lending[13]. Expenses - Research and development expenses for the first three quarters of 2025 totaled CNY 1.77 billion, slightly up from CNY 1.71 billion in 2024[18]. - Financial expenses decreased to CNY 27.02 million in 2025 from CNY 60.23 million in 2024, indicating improved cost management[18]. - Cash paid for purchasing goods and services was ¥36,974,700,702.15, compared to ¥34,264,276,454.45, reflecting an increase of approximately 7.9%[21].

Financial Performance - The company's operating revenue for the third quarter was ¥2,775,753,846.42, a decrease of 13.42% compared to the same period last year[4]. - The total profit for the quarter was ¥14,906,596.92, reflecting a significant decline of 94.22% year-on-year[4]. - The net profit attributable to shareholders was ¥5,119,284.84, down 96.16% compared to the previous year[4]. - The net profit after deducting non-recurring gains and losses was ¥508,285.10, a decrease of 99.59% year-on-year[4]. - Total revenue for the reporting period decreased by 8.32% due to intensified market competition for main products like soda ash[10]. - The company reported a total profit of -85.79 million for the year-to-date, indicating a significant decline in profitability[10]. - Net profit for the first three quarters of 2025 was approximately ¥92.48 million, a significant decline of 87.1% compared to ¥714.16 million in 2024[28]. - Operating profit for the first three quarters of 2025 was approximately ¥135.28 million, down 85.2% from ¥914.77 million in the same period of 2024[28]. - Basic earnings per share for the first three quarters of 2025 was ¥0.0394, down from ¥0.3899 in 2024[28]. Assets and Liabilities - The total assets at the end of the reporting period were ¥25,241,703,296.44, an increase of 34.65% from the end of the previous year[5]. - The company's total assets amounted to 34.65 million, with new short-term borrowings contributing to this increase[10]. - The company's total liabilities increased to approximately ¥12.37 billion in 2025 from ¥5.56 billion in 2024, reflecting a growth of 122.5%[24]. - Total equity decreased to approximately ¥12.87 billion in 2025 from ¥13.18 billion in 2024, a decline of 2.3%[24]. - The total liabilities and equity combined reached approximately ¥25.24 billion in 2025, up from ¥18.75 billion in 2024, marking an increase of 34.8%[24]. - The total liabilities increased to CNY 5,641,452,173.49 in 2025 from CNY 1,357,623,450.18 in 2024, indicating a significant rise in financial obligations[33]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥164,423,643.76, an increase of 95.86% compared to the same period last year[4]. - Net cash flow from operating activities increased significantly to 95.86 million, driven by higher cash receipts from sales[10]. - The company's operating cash flow net amount was CNY 164,423,643.76, an increase of 96% compared to CNY 83,948,298.69 in the same period of 2024[29]. - Total cash inflow from operating activities decreased to CNY 4,524,778,762.52, down 19.5% from CNY 5,615,388,685.52 year-on-year[29]. - Cash outflow from operating activities also decreased to CNY 4,360,355,118.76, a reduction of 21.2% compared to CNY 5,531,440,386.83 in the previous year[29]. - The cash flow from operating activities showed a net outflow of CNY -2,691,487,077.97 in 2025, compared to CNY -785,708,539.72 in 2024, reflecting worsening cash flow conditions[38]. Investments and Acquisitions - The company reported a significant increase in accounts receivable by 220.85% year-to-date, attributed to the release of customer credit limits[9]. - The company has seen a 583.30% increase in intangible assets year-to-date due to the acquisition of mining rights[9]. - The company established a joint venture with PetroChina Taihu Investment Co., Ltd. to develop natural soda and related resources, with a registered capital of 40 million[15]. - The company acquired the natural soda mining rights in Tongliao City for RMB 6.80886 billion on June 16, 2025, and plans to fully exit its stake in Zhongyan Alkali Industry through capital reduction[16]. - The company reported investment income of approximately ¥23.90 million for the first three quarters of 2025, an increase from ¥9.56 million in 2024[27]. - The investment income for the first three quarters of 2025 was CNY 211,239,537.14, a significant decrease from CNY 1,793,531,764.44 in the same period of 2024[35]. Research and Development - Research and development expenses decreased by 37.59% compared to the same period last year, primarily due to a reduction in R&D projects[10]. - Research and development expenses for the first three quarters of 2025 were approximately ¥194.13 million, a decrease of 37.6% compared to ¥311.08 million in 2024[27]. - The company reported a significant increase in research and development expenses, which rose to CNY 1,038,229.13 in 2025 from CNY 615,389.98 in 2024, indicating a focus on innovation[35]. Financing Activities - Short-term borrowings increased by 313.94% year-to-date, indicating a rise in short-term bank loans[9]. - The net cash flow from financing activities was CNY 6,298,963,747.30, a turnaround from a negative cash flow of CNY -429,700,685.53 in the same period of 2024[30]. - The company received CNY 2,716,000,000.00 from borrowings in the first three quarters of 2025, indicating reliance on debt financing[39]. - The company's financial expenses included interest expenses of CNY 16,577,574.14 in 2025, compared to CNY 122,496.49 in 2024, reflecting increased borrowing costs[35].