Financial Performance - The company's operating revenue for Q3 2025 reached ¥98,322,255.90, representing an increase of 8.95% compared to the same period last year[6] - The total profit for the period was ¥26,895,349.66, a significant increase of 165.35% year-on-year[6] - The net profit attributable to shareholders was ¥22,581,712.12, reflecting a growth of 165.36% compared to the previous year[6] - The net profit excluding non-recurring gains and losses for the period was ¥21,176,059.85, up 190.15% year-on-year[7] - Basic earnings per share for the period were ¥0.35, an increase of 169.23% compared to the same period last year[7] - Net profit for the first three quarters of 2025 reached ¥78,518,558.46, a 36.3% increase from ¥57,601,198.49 in the same period of 2024[26] - Operating profit increased to ¥87,309,601.40, up 35.8% from ¥64,268,950.38 year-over-year[26] - Total comprehensive income for the period was ¥78,518,558.46, an increase of 36.3% from ¥57,601,198.49 in the same period last year[27] Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥1,534,121,080.57, marking a 16.98% increase from the end of the previous year[7] - Current assets totaled RMB 1,042,619,907.99 as of September 30, 2025, compared to RMB 850,524,646.84 at the end of 2024, marking an increase of 22.6%[20] - Total assets reached RMB 1,534,121,080.57, up from RMB 1,311,446,292.51, indicating a growth of 17%[22] - Total liabilities increased to RMB 515,944,555.71 from RMB 367,153,260.73, a rise of 40.5%[21] - Total current assets increased to CNY 737,890,923.14 as of September 30, 2025, compared to CNY 658,185,090.42 at the end of 2024, reflecting a growth of 12.1%[36] - Total liabilities amounted to CNY 253,551,578.34 as of September 30, 2025, compared to CNY 158,020,217.44 at the end of 2024, representing a significant increase of 60.5%[37] Cash Flow - The cash flow from operating activities for the year-to-date was ¥63,953,421.65, which is an increase of 58.08% compared to the same period last year[12] - Cash inflow from investment activities in the first three quarters of 2025 was ¥215,105,493.21, up from ¥131,704,326.33 in 2024, reflecting a growth of approximately 63.1%[45] - In the first three quarters of 2025, the net cash flow from operating activities was ¥41,699,330.42, compared to a negative ¥4,595,507.99 in the same period of 2024, indicating a significant improvement[45] - The net cash flow from investment activities was negative at ¥58,460,576.46 in 2025, compared to a smaller negative of ¥4,006,479.52 in 2024, showing increased investment outflows[45] - The net cash flow from financing activities was negative at ¥21,800,624.37 in 2025, slightly worse than the negative ¥21,397,222.58 in 2024, indicating ongoing challenges in financing[46] Research and Development - Research and development expenses totaled ¥10,517,573.41, a decrease of 6.39% year-on-year, accounting for 10.70% of operating revenue[7] - Research and development expenses rose to ¥29,176,603.09, compared to ¥27,750,536.28 in the previous year, reflecting a 5.1% increase[26] - Research and development expenses for the first three quarters of 2025 were CNY 9,309,687.13, slightly down from CNY 9,355,936.49 in the first three quarters of 2024[40] Sales and Revenue - The company reported a significant increase in sales revenue from testing and validation services, contributing to the overall profit growth[12] - Total revenue from sales of goods and services was ¥339,133,574.64, up from ¥302,767,907.34, marking a growth of 11.9%[31] - Cash received from sales of goods and services in the first three quarters of 2025 was ¥171,264,041.60, an increase from ¥142,220,699.22 in 2024, representing a growth of approximately 20.5%[45] Inventory and Assets Management - Inventory increased significantly to RMB 379,096,554.32 from RMB 246,296,003.73, representing a growth of 54%[19] - Non-current assets rose to RMB 491,501,172.58 from RMB 460,921,645.67, an increase of 6.6%[20] - The company reported a significant increase in accounts receivable, which rose to RMB 266,743,483.78 from RMB 201,070,618.21, an increase of 32.6%[19] Cash and Equivalents - Cash and cash equivalents at the end of the period totaled ¥81,750,374.00, down from ¥129,384,885.10, a decrease of 36.8%[33] - The company’s cash and cash equivalents were CNY 72,329,861.81 as of September 30, 2025, compared to CNY 90,598,727.33 at the end of 2024, a decrease of 20.2%[35] - The total cash and cash equivalents at the end of Q3 2025 stood at ¥31,126,354.98, a decrease from ¥31,932,852.47 in Q3 2024[46]

Financial Performance - The company's operating revenue for Q3 2025 was ¥1,043,879,519.61, a decrease of 4.82% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2025 was ¥57,282,732.51, down 13.96% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥53,368,512.23, a decrease of 16.52% compared to the previous year[5] - The basic earnings per share for Q3 2025 was ¥0.1182, reflecting a decline of 14.53% year-on-year[5] - Total operating revenue for the current period was ¥3,122,913,325.17, a decrease of 6.96% from ¥3,356,415,470.26 in the previous period[21] - Net profit for the current period was ¥322,516,672.23, slightly down from ¥325,945,763.91 in the previous period, reflecting a decrease of 1.48%[22] - Earnings per share (EPS) increased to 0.4524 from 0.4398 in the previous period, representing a growth of 1.18%[23] Assets and Liabilities - The total assets as of September 30, 2025, were ¥6,160,865,689.82, a decrease of 0.84% from the end of the previous year[5] - Total assets at the end of the period were ¥6,160,865,689.82, a decrease from ¥6,213,155,753.66 at the beginning of the period[19] - Total liabilities decreased to ¥2,255,422,970.79 from ¥2,546,073,774.31, marking a reduction of 11.43%[19] - Non-current assets totaled ¥2,257,309,915.77, up from ¥2,179,270,921.86, indicating an increase of 3.59%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 29,689[11] - The largest shareholder, Suzhou Chuangyuan Investment Development (Group) Co., Ltd., holds 35.57% of shares, totaling 172,441,264 shares[11] - The total number of preferred shareholders at the end of the reporting period is not applicable[13] - The company has not disclosed any related party relationships among the top shareholders[11] Cash Flow - The cash flow from operating activities for the year-to-date was ¥323,624,908.01, an increase of 27.32% compared to the same period last year[5] - The company’s cash flow from operating activities showed improvement, with a notable increase in cash reserves[22] - Operating cash flow for the current period is ¥323,624,908.01, an increase of 27.3% compared to ¥254,174,806.00 in the previous period[24] - Total cash inflow from operating activities is ¥3,073,406,069.21, down 7.4% from ¥3,320,621,453.36 in the previous period[24] - Cash outflow from operating activities decreased to ¥2,749,781,161.20, a reduction of 10.3% compared to ¥3,066,446,647.36 in the previous period[24] - The ending cash and cash equivalents balance is ¥1,178,845,612.80, an increase from ¥1,036,476,979.40 in the previous period[25] Investment Activities - The net cash flow from investing activities was negative at -¥116,053,353.31, a decline of 195.45% year-on-year, primarily due to increased cash outflows for fixed asset purchases[9] - Cash paid for the purchase of fixed assets and intangible assets rose to ¥146,566,935.84, compared to ¥64,426,175.00 in the previous period[25] - Cash received from investment income increased to ¥29,668,143.93, up from ¥27,834,009.97 in the previous period[25] Tax and Expenses - The company reported a significant increase in income tax expenses, which rose by 34.73% to ¥57,487,450.32 due to higher taxable income[9] - Research and development expenses were ¥154,181,938.00, slightly down from ¥161,046,940.64 in the previous period, indicating a strategic focus on cost management[22] Strategic Plans - The company plans to change its registered capital and amend its articles of association, which has been approved by the first extraordinary general meeting of shareholders in 2025[13] - The company plans to focus on market expansion and new product development in the upcoming quarters[22]

Financial Performance - The company's revenue for Q3 2025 was CNY 429,224,347.02, representing a year-over-year increase of 10.79%[3]. - The total profit for the same period decreased by 87.02% to CNY 11,990,802.80, while the net profit attributable to shareholders fell by 87.97% to CNY 9,332,469.68[3][8]. - Basic and diluted earnings per share for Q3 were both CNY 0.02, down 88.89% year-over-year[3][8]. - Total operating revenue for the first three quarters of 2025 was CNY 1,081,230,021.45, a decrease of 10.95% compared to CNY 1,214,967,502.04 in the same period of 2024[18]. - Net profit for the first three quarters of 2025 was CNY 78,848,125.15, a decline of 71.8% compared to CNY 280,330,133.95 in the previous year[19]. - The company reported a total profit of CNY 94,169,293.94 for the first three quarters of 2025, down from CNY 332,605,039.00 in the same period of 2024[18]. Cash Flow - The net cash flow from operating activities for the year-to-date period was negative CNY 11,229,714.47, reflecting a decline of 108.90%[3][8]. - The company’s cash flow from operating activities showed a significant decline, indicating potential challenges in maintaining liquidity[21]. - The net cash flow from operating activities was -$11,229,714.47, a significant decrease from $126,241,938.38 in the previous period[22]. - Total cash inflow from operating activities was $817,208,738.37, while cash outflow was $828,438,452.84, resulting in a net cash flow deficit[22]. - Cash flow from investment activities showed a net outflow of -$425,520,411.16, compared to -$62,769,492.22 previously, indicating increased investment expenditures[22]. - Cash flow from financing activities resulted in a net outflow of -$144,876,195.00, down from -$174,529,820.34, reflecting reduced dividend payments and financing costs[23]. - The ending cash and cash equivalents balance was $2,032,127,915.61, down from $2,705,443,226.09 at the beginning of the period[23]. - The company received $117,216,215.85 in cash related to operating activities, an increase from $84,609,393.85 in the previous period[22]. - Payments to employees increased to $273,405,001.29 from $266,330,142.36, indicating a rise in labor costs[22]. - The company paid $60,381,992.71 in taxes, a decrease from $118,072,873.54, suggesting improved tax efficiency[22]. - Cash received from investment activities was $7,383.02, down from $19,681.46, indicating a decline in investment returns[22]. - The company did not report any cash inflows from financing activities, reflecting a potential strategy shift in capital management[23]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,770,232,287.56, a decrease of 1.01% compared to the previous year[4]. - Current assets decreased to RMB 4,752,541,106.90 from RMB 5,260,142,488.97, indicating a reduction of approximately 9.6%[12]. - Cash and cash equivalents were reported at RMB 2,332,127,915.61, down from RMB 2,913,754,236.24, reflecting a decline of about 20%[12]. - Accounts receivable increased to RMB 1,551,989,579.50 from RMB 1,374,716,803.49, showing a growth of approximately 12.9%[12]. - Inventory rose to RMB 658,868,915.55, compared to RMB 533,351,522.42, representing an increase of about 23.5%[12]. - Total liabilities amounted to CNY 1,487,711,614.86, slightly up from CNY 1,484,695,508.64 year-over-year[14]. - Total equity attributable to shareholders of the parent company decreased to CNY 4,282,520,672.70 from CNY 4,344,478,914.04[14]. - Non-current liabilities totaled CNY 70,135,350.68, an increase from CNY 64,375,630.92 in the previous year[14]. - Total liabilities were not explicitly stated but can be inferred from the current liabilities, which include accounts payable of RMB 985,939,437.79, up from RMB 791,509,117.87, indicating an increase of approximately 24.5%[13]. Shareholder Information - The top shareholder, Tian Di Technology Co., Ltd., holds 56.54% of the shares, totaling 244,800,000 shares[10]. - The company has a total of 13,248 shareholders as of the reporting date[10]. - There are no significant changes in the top 10 shareholders or their shareholding status compared to the previous period[11]. Operational Challenges - The company experienced a significant decline in customer demand for equipment, attributed to pressures in the coal industry and intensified competition[8]. - Research and development expenses totaled CNY 27,501,397.57, down 13.96% from the previous year, accounting for 6.41% of revenue[4]. - The weighted average return on equity decreased by 1.61 percentage points to 0.22% for the current period[4][8].

Financial Performance - The company's operating revenue for the third quarter was ¥549,937,006.69, a decrease of 33.19% compared to the same period last year[5] - The total profit for the third quarter was ¥54,569,534.15, down 66.21% year-on-year[5] - The net profit attributable to shareholders was ¥45,454,588.74, reflecting a decline of 58.13% compared to the previous year[5] - Basic earnings per share for the third quarter were ¥0.048, down 57.52% year-on-year[6] - Total operating revenue for the first three quarters of 2025 reached RMB 1,733,594,236.40, a slight increase of 0.4% compared to RMB 1,727,565,772.21 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was RMB 163,558,014.94, representing a significant increase of 97.8% compared to RMB 82,586,619.51 in 2024[20] - Basic and diluted earnings per share for the first three quarters of 2025 were both RMB 0.171, doubling from RMB 0.085 in the same period of 2024[21] - The total comprehensive income for the first three quarters of 2025 was RMB 164,515,513.19, significantly higher than RMB 82,652,929.13 in the same period of 2024[20] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥222,264,552.91, a decrease of 51.97%[6] - Cash flow from operating activities generated a net amount of RMB 222,264,552.91, down from RMB 462,720,762.90 in the previous year[22] - Cash inflow from investment activities totaled approximately $790.29 million, a decrease from $936.92 million in the previous period, reflecting a decline of about 15.6%[23] - Cash outflow for investment activities was approximately $893.31 million, down from $1,008.05 million, indicating a reduction of about 11.4%[23] - Net cash flow from investment activities was negative at approximately -$103.01 million, worsening from -$71.12 million year-over-year[23] - Cash inflow from financing activities amounted to $30 million, an increase from $22.30 million, representing a growth of approximately 34.5%[23] - Cash outflow for financing activities was approximately $119.78 million, down from $172.63 million, showing a decrease of about 30.6%[23] - Net cash flow from financing activities was negative at approximately -$89.78 million, an improvement from -$150.33 million in the previous period[23] - The net increase in cash and cash equivalents was approximately $25.07 million, a significant decrease from $237.94 million in the prior period[23] - The ending balance of cash and cash equivalents was approximately $551.64 million, up from $392.09 million, reflecting an increase of about 40.7%[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,037,513,795.64, a decrease of 2.78% from the end of the previous year[6] - The company's current assets totaled RMB 3,137,170,817.28, slightly down from RMB 3,201,522,687.77, indicating a decrease of about 2.00%[15] - The company's total liabilities decreased to RMB 778,596,208.18 from RMB 996,426,606.69, a reduction of approximately 21.93%[17] - The company's inventory decreased to RMB 1,260,668,240.75 from RMB 1,409,558,042.82, indicating a decline of approximately 10.55%[15] - The non-current assets totaled RMB 1,900,342,978.36, down from RMB 1,979,948,187.73, representing a decrease of about 4.00%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,191[12] - The company's equity attributable to shareholders increased by 1.75% to ¥4,248,188,083.09 compared to the end of the previous year[6] - The total equity attributable to shareholders increased to RMB 4,248,188,083.09 from RMB 4,175,085,453.46, reflecting a growth of about 1.75%[17] Operational Insights - The decrease in operating revenue was primarily due to a reduction in sales of railway fastening products[10] - The increase in net profit for the year-to-date period was attributed to a rise in gross profit from main business products[10] - The company reported a decrease in credit impairment losses to RMB 4,211,419.04 from RMB 6,343,792.00 in the previous year[19] - Research and development expenses for the first three quarters of 2025 were RMB 76,467,811.16, slightly lower than RMB 79,229,085.06 in 2024[19] - Investment income increased to RMB 6,889,064.47, up from RMB 4,752,796.70 year-on-year, with significant contributions from joint ventures[19] Accounting Standards - The company will not apply new accounting standards starting from 2025[24]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 220,554,157.85, a decrease of 1.71% compared to the same period last year[4] - The total profit for the period reached CNY 21,833,992.24, an increase of 98.24% year-on-year[4] - The net profit attributable to shareholders was CNY 15,533,173.25, reflecting a significant increase of 199.63% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was CNY 12,428,904.17, up by 178.52% year-on-year[4] - Basic earnings per share for the period were CNY 0.08, representing a 166.67% increase compared to the same period last year[5] - Operating profit for the first three quarters of 2025 was ¥72,240,018.70, significantly higher than ¥28,224,215.73 in 2024, marking an increase of approximately 156.8%[23] - Net profit for the first three quarters of 2025 was ¥58,727,071.15, compared to ¥27,409,202.51 in 2024, reflecting an increase of around 114.1%[24] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.30, up from ¥0.13 in 2024, indicating a growth of approximately 130.8%[24] Assets and Liabilities - Total assets at the end of the period were CNY 2,146,271,646.96, a growth of 20.22% compared to the end of the previous year[5] - The total assets of the company amounted to ¥2,146,271,646.96, compared to ¥1,785,311,152.08 in the previous year, showing an increase of approximately 20.2%[21] - Total liabilities increased to ¥542,146,910.35 in 2025 from ¥501,336,831.71 in 2024, reflecting a growth of about 8.1%[21] - The company's equity rose to ¥1,604,124,736.61 in 2025, up from ¥1,283,974,320.37 in 2024, indicating an increase of approximately 25%[21] Cash Flow - Operating cash inflow from sales increased to $639.34 million, up from $601.48 million, representing a growth of approximately 6.3%[27] - Net cash flow from operating activities decreased to $67.66 million from $81.27 million, a decline of about 16.6%[27] - Cash inflow from investment activities surged to $1.04 billion, compared to $108.20 million, indicating a significant increase[28] - Net cash flow from investment activities was negative at -$110.48 million, an improvement from -$215.60 million[28] - Cash inflow from financing activities totaled $388.03 million, up from $132.00 million[28] - Net cash flow from financing activities improved to $301.29 million, compared to a negative $28.41 million previously[28] - The ending cash and cash equivalents balance increased to $522.00 million from $145.55 million, a rise of approximately 258.5%[28] - Cash received from tax refunds was $20.14 million, up from $18.08 million, reflecting an increase of about 11.4%[27] Operational Efficiency - The company attributed the profit growth to enhanced operational efficiency and cost optimization through refined management and technology upgrades[9] - The sales volume of biological preservatives and functional ingredients increased, contributing to the overall revenue growth despite a slight decline in operating revenue for the quarter[10] - Total operating costs decreased to ¥555,173,218.95 in 2025 from ¥577,385,792.61 in 2024, indicating a reduction of about 3.8%[22] Employee Stock Ownership Plan - The company approved a revised employee stock ownership plan, allowing for the purchase of up to 1,000,000 shares at a price of ¥8.39 per share, with a total funding limit of ¥8.39 million[15] - The company plans to maintain the employee stock ownership plan for a duration not exceeding 48 months[15] - The total number of participants in the employee stock ownership plan is capped at 44 individuals[15] Current Assets - As of September 30, 2025, the company's total current assets increased to ¥960,694,846.93 from ¥708,768,058.47 as of December 31, 2024, representing a growth of approximately 35.4%[19] - Cash and cash equivalents rose significantly to ¥549,241,271.05, up from ¥315,618,528.67, marking an increase of about 74.1%[19] - Accounts receivable increased to ¥151,833,993.78 from ¥136,631,018.06, reflecting a growth of approximately 11.1%[19] - The company's inventory decreased slightly to ¥194,888,229.31 from ¥197,536,174.76, a decline of about 1.3%[19] - The total non-current assets remained stable at ¥10,700,000.00, unchanged from the previous period[19] - The company's fixed assets increased to ¥459,573,253.69 from ¥432,020,992.02, indicating a growth of approximately 6.4%[19] Investment Income - The company reported a significant increase in investment income, which was ¥1,325,624.94 in 2025 compared to ¥3,015,295.08 in 2024, showing a decrease of about 56.1%[23]

Financial Performance - The company's operating revenue for Q3 2025 was ¥853,682,755.32, representing a 1.74% increase year-over-year, while the total revenue for the first nine months reached ¥2,555,046,795.18, up 5.18% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2025 was ¥169,626,842.60, a 13.36% increase year-over-year, with a year-to-date net profit of ¥551,283,796.06, reflecting a 7.61% growth[4] - The basic earnings per share for Q3 2025 was ¥0.39, an increase of 8.33% compared to the same quarter last year, while the diluted earnings per share rose by 9.09% to ¥0.36[4] - Total operating revenue for the current period reached ¥2,555,046,795.18, an increase of 5.2% compared to ¥2,429,125,509.05 in the previous period[24] - Net profit for the current period was ¥557,250,626.18, representing a growth of 11.8% from ¥498,312,118.68 in the previous period[24] - Basic earnings per share increased to ¥1.29 from ¥1.19, indicating a rise of 8.4%[26] Assets and Liabilities - The total assets at the end of Q3 2025 were ¥14,257,422,027.62, a decrease of 1.54% from the end of the previous year[4] - Total assets decreased to ¥14,257,422,027.62 from ¥14,480,477,986.91, a decline of 1.5%[22] - Total liabilities decreased to ¥7,047,621,956.92 from ¥7,713,848,483.97, a reduction of 8.6%[22] - Non-current assets totaled ¥11,692,189,625.18, down from ¥12,042,287,743.94, a decrease of 2.9%[22] - Long-term borrowings decreased to ¥3,033,222,029.13 from ¥3,542,336,385.21, a decline of 14.4%[22] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥1,177,966,341.16, showing a 5.61% increase[4] - Operating cash flow for the current period was CNY 1,177,966,341.16, an increase of 5.4% compared to CNY 1,115,444,933.98 in the previous period[27] - Total cash inflow from operating activities reached CNY 2,682,270,946.72, up from CNY 2,491,191,823.19, reflecting a growth of 7.7%[27] - Cash outflow from investing activities was CNY 381,159,046.01, a decrease of 38.5% compared to CNY 619,026,156.86 in the previous period[28] - Net cash flow from investing activities was -CNY 376,612,503.01, improving from -CNY 548,933,013.55 year-over-year[28] - Cash inflow from financing activities totaled CNY 731,911,428.54, an increase of 16.1% from CNY 630,514,258.10[28] - Net cash flow from financing activities was -CNY 765,499,106.78, worsening from -CNY 316,938,203.67 in the previous period[28] - The ending cash and cash equivalents balance was CNY 671,973,779.29, compared to CNY 632,151,874.44 at the end of the previous period, reflecting an increase of 6.3%[28] Investments and Projects - The company reported a significant increase in construction in progress, which rose by 68.77% to ¥329,051,305.94, primarily due to ongoing investments in projects[8] - The company signed a concession agreement for a kitchen waste treatment project in Luoyang, increasing processing capacity by 200 tons per day, with a total investment of approximately RMB 37.94 million[14] - The company has established a project company in Quxian for kitchen waste treatment services, with a processing capacity of 100 tons per day and a service fee of RMB 240 per ton[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,733, with the largest shareholder holding 34.24% of the shares[12] - The company completed a share buyback of 9,463,900 shares, accounting for 2.18% of the total share capital, with a total transaction amount of RMB 151,629,481[17] - The major shareholder, Meixinda Group, completed a share increase of 5,724,356 shares, representing 1.32% of the total share capital, with a total investment of RMB 100,001,927.42[16] Other Financial Activities - The company received government subsidies amounting to ¥2,314,677.39 in Q3 2025, contributing to its non-operating income[5] - The company reported an investment loss of ¥538,609.43 compared to a gain of ¥10,756,864.31 in the previous period[24] - The company received CNY 1,695,695.87 in cash from investment income, up from CNY 828,483.31 in the previous period[27] - Cash received from other investment activities was CNY 2,633,297.13, down from CNY 10,858,800.00 in the previous period[28] Corporate Governance - The company has revised its articles of association, eliminating the supervisory board and transferring its responsibilities to the audit committee of the board of directors[18] - The company is applying for bankruptcy reorganization of its subsidiary, Zhejiang Lixin New Materials Technology Co., Ltd., as part of its debt management strategy[15] Audit Information - The company did not conduct an audit for the third quarter financial report[29]

Financial Performance - The company's operating revenue for the third quarter was ¥116,125,411.48, a decrease of 25.56% compared to the same period last year[5] - The total profit for the quarter was -¥2,787,319.45, with a year-to-date total profit of -¥17,846,253.47[5] - The net profit attributable to shareholders was -¥2,787,319.45 for the quarter, and -¥17,317,521.69 year-to-date[5] - The basic earnings per share for the quarter was -¥0.0023, and -¥0.0141 year-to-date[5] - Total operating revenue for the first three quarters of 2025 was CNY 442,736,295.75, a decrease of 19.6% compared to CNY 550,820,641.81 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was a loss of CNY 17,317,521.69, compared to a loss of CNY 9,113,864.05 in the same period of 2024, representing an increase in loss of 90.5%[21] - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.0141, compared to CNY -0.0074 in the same period of 2024[22] - The total comprehensive income for the period is -1,816,107.49 RMB, compared to -1,836,548.97 RMB in the previous period, showing a slight improvement[31] - Basic and diluted earnings per share for the period are both -0.00147 RMB, slightly better than -0.00149 RMB in the previous period[31] Cash Flow - The company's cash flow from operating activities year-to-date was -¥56,622,911.56, indicating a significant cash outflow[5] - Cash flow from operating activities for the first three quarters of 2025 was negative CNY 56,622,911.56, a significant decline from positive cash flow of CNY 2,404,257.03 in the same period of 2024[23] - The net cash flow from operating activities for the first three quarters of 2025 is -38,041,768.03 RMB, compared to 57,931,297.21 RMB in the same period of 2024, indicating a significant decline[33] - Total cash inflow from operating activities in the first three quarters of 2025 is 313,039,606.92 RMB, down 37.4% from 499,676,359.63 RMB in 2024[33] - The total cash outflow from operating activities in the first three quarters of 2025 is 351,081,374.95 RMB, a decrease of 20.5% compared to 441,745,062.42 RMB in 2024[33] - The company’s cash flow from financing activities showed a net inflow of 22,827,736.02 CNY, contrasting with a net outflow of -9,885,047.99 CNY in the previous period[24] - The net cash flow from investing activities for the first three quarters of 2025 is -39,192,942.39 RMB, slightly worse than -37,931,039.66 RMB in 2024[34] - Cash inflow from investment activities in the first three quarters of 2025 is 395,826,911.11 RMB, a significant increase from 48,068,960.34 RMB in 2024[34] Assets and Liabilities - Total assets decreased by 8.71% to ¥345,429,953.99 compared to the end of the previous year[6] - The total current assets decreased from 366,709,418.49 RMB to 334,699,413.45 RMB, a decline of approximately 8.73%[16] - Total assets decreased from 378,394,617.52 RMB to 345,429,953.99 RMB, a decline of about 8.70%[16] - Fixed assets decreased from 1,213,043.93 RMB to 900,883.59 RMB, a reduction of approximately 25.67%[16] - The total liabilities decreased to CNY 65,194,004.50 in 2025 from CNY 80,838,165.71 in 2024, reflecting a reduction of 19.4%[20] - The total equity attributable to shareholders decreased to CNY 280,235,949.49 in 2025 from CNY 297,556,451.81 in 2024, a decline of 5.8%[20] - The total assets decreased to 383,383,107.75 CNY from 413,264,610.37 CNY year-over-year[29] - The total liabilities decreased to 33,305,286.41 CNY from 61,370,681.54 CNY year-over-year, indicating a reduction in financial obligations[28] - The company’s total equity decreased to 350,077,821.34 CNY from 351,893,928.83 CNY year-over-year, reflecting a slight decline in shareholder value[29] Shareholder Information - Total number of common shareholders at the end of the reporting period is 34,044[13] - Yunnan Energy Investment Group holds 357,865,674 shares, accounting for 29.04% of total shares[13] - The company has no pledged, marked, or frozen shares among the top shareholders[14] - The company reported a total of 6,948,900 shares held through a regular securities account and 7,630,800 shares through a credit securities account by a major shareholder[15] - The company has not engaged in any share lending or borrowing activities during the reporting period[15] Other Financial Metrics - Non-recurring gains and losses amounted to ¥548,730.46 for the quarter, with a year-to-date total of ¥560,096.38[8] - The company reported an increase in tax expenses, with CNY 773,184.67 in the first three quarters of 2025 compared to CNY 605,398.99 in 2024, an increase of 27.7%[20] - The company experienced an asset impairment loss of CNY -3,210,148.55 in 2025, with no comparable figure reported for 2024[21] - The company incurred a total operating cost of 163,156,031.82 CNY, which is a decrease from 313,792,276.86 CNY in the same period last year[30] - The company has not adopted new accounting standards or interpretations for the first time in 2025[35]

日禾戎美股份有限公司 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 1 证券代码：301088 证券简称：戎美股份 公告编号：2025-041 日禾戎美股份有限公司 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。 日禾戎美股份有限公司 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 | 年初至 | 年初至报告 | | --- | --- | --- | --- | --- | | | | 同期增减 | 报告期末 | 期末比上年 | | | | | | 同期增减 | | 营业收入（元） | 143,963,256.17 | -0.6 ...

浙江正泰电器股份有限公司 2025 年第三季度报告 证券代码：601877 证券简称：正泰电器 浙江正泰电器股份有限公司 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 1 / 12 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 16,776,807,219.39 -3.70 46,396,003,206.81 -0.03 利润总额 2,734,160,603.72 11.36 6,997,519,966.84 21.81 归属于上市公司股东的 ...

Financial Performance - The company's operating revenue for the third quarter was CNY 596,185,910.50, an increase of 16.62% compared to the same period last year[4]. - The total profit for the third quarter decreased by 36.02% to CNY 29,795,984.83, while the net profit attributable to shareholders fell by 32.39% to CNY 25,848,469.07[4]. - The gross profit margin decreased by 4.8 percentage points compared to the same period last year, impacting overall profitability[8]. - Total operating revenue for the first three quarters of 2025 reached ¥1,626,083,938.65, an increase of 14.74% compared to ¥1,417,122,148.19 in the same period of 2024[21]. - Net profit for the first three quarters of 2025 was ¥85,930,487.48, a decrease of 21.67% from ¥109,680,339.93 in the same period of 2024[22]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,952,377,603.92, representing a 4.75% increase from the previous year[5]. - The total liabilities increased to ¥1,769,606,828.56 in 2025 from ¥1,670,801,481.08 in 2024, reflecting a growth of 5.91%[19]. - The total equity attributable to shareholders of the parent company rose to ¥2,008,382,909.08 in 2025, up from ¥1,920,051,290.53 in 2024, marking a growth of 4.83%[19]. - Current assets totaled 2,817,364,870.33 RMB, up from 2,673,298,038.20 RMB at the end of 2024, indicating a growth in liquidity[17]. - Total current liabilities rose to 1,698,317,953.50 RMB from 1,580,993,236.76 RMB, reflecting an increase in operational obligations[18]. Cash Flow - The company reported a net cash flow from operating activities of CNY -76,651,719.19 for the year-to-date period[4]. - The company's net cash flow from operating activities for the first three quarters of 2025 was -¥76,651,719.19, compared to -¥929,717.29 in the same period of 2024[23]. - Investment activities cash outflow totaled $58,519,395.94, compared to $46,897,028.45 in the previous period[24]. - Net cash flow from investment activities was -$32,367,595.87, slightly improved from -$35,057,756.20[24]. - The net decrease in cash and cash equivalents was -$203,515,176.40, compared to -$92,576,305.92 in the prior period[24]. Shareholder Information - The company plans to reduce its shareholding by up to 2.00%, equivalent to 21,754,706 shares, during the period from August 4 to November 1, 2025[11]. - The top ten shareholders hold a combined 57.00% of the company's shares after recent reductions by Tianjin Xin Hao Investment Development Co., Ltd.[10]. - Xin Hao Investment reduced its shareholding by 10,877,400 shares, accounting for 1.00% of the total share capital, decreasing its ownership from 1.31% to 0.31%[12]. - The total share reduction by Xin Hao Investment amounted to 2% of the company's total share capital, completed through both block trading and centralized bidding[12]. Governance and Management - The company has restructured its governance by abolishing the supervisory board, transferring its responsibilities to the audit committee of the board of directors[14]. - The board of directors announced the financial results on October 28, 2025[26]. - The company plans to implement new accounting standards starting in 2025[25]. Other Financial Metrics - Research and development expenses for the first three quarters of 2025 were ¥78,788,807.85, slightly up from ¥77,830,120.78 in the same period of 2024[21]. - The company reported an increase in investment income to ¥42,834,153.26 in 2025, compared to ¥38,378,109.15 in 2024, representing a growth of 11.43%[21]. - Cash received from sales of goods and services was ¥1,262,474,045.81 in 2025, a marginal increase from ¥1,258,429,519.33 in 2024[23].