Financial Performance - The company's operating revenue for the third quarter reached ¥3,013,546,894.96, representing a year-on-year increase of 97.97%[4] - The total profit for the quarter was ¥34,951,005.10, showing a significant decrease of 88.92% compared to the same period last year[4] - The net profit attributable to shareholders was ¥35,455,303.18, down 88.65% year-on-year, primarily due to reduced investment income from the disposal of equity in Aerospace Electric Co., which contributed ¥208 million in the previous year[4][9] - The basic earnings per share for the quarter were ¥0.010, reflecting a decrease of 88.98% compared to the same period last year[5][10] - Total operating revenue for the first three quarters of 2025 was CNY 8,835,303,683.34, a decrease of 4.3% compared to CNY 9,233,829,083.13 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was CNY 191,330,067.16, down 67.9% from CNY 595,464,825.68 in the previous year[21] - Operating profit decreased to CNY 232,896,366.32 from CNY 635,429,402.65, a decline of 63.4%[20] - Basic earnings per share for the first three quarters of 2025 were CNY 0.063, down from CNY 0.17 in the same period of 2024[21] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥48,597,951,005.26, an increase of 5.07% from the end of the previous year[5] - The total liabilities increased to CNY 24,293,585,838.00 from CNY 22,127,376,028.95, representing a growth of 9.8%[17] - Total assets rose to CNY 48,597,951,005.26 from CNY 46,254,486,263.85, an increase of 5.0%[17] - The total equity attributable to shareholders increased slightly by 0.36% to ¥20,754,259,054.32 compared to the end of the previous year[5] - The total equity attributable to shareholders increased slightly to CNY 20,754,259,054.32 from CNY 20,679,160,651.17, a growth of 0.4%[17] Cash Flow - The company's cash flow from operating activities showed a negative net amount of ¥3,233,196,303.22 for the year-to-date period, indicating a decline of 15.44%[5] - The net cash flow from operating activities for the first three quarters of 2025 was -3,233,196,303.22 RMB, an improvement from -3,823,500,290.19 RMB in the same period of 2024, indicating a reduction in cash outflow[23] - Total cash inflow from operating activities decreased to 6,484,682,007.04 RMB in 2025 from 7,269,182,050.24 RMB in 2024, reflecting a decline of approximately 10.8%[23] - Cash outflow from operating activities also decreased to 9,717,878,310.26 RMB in 2025 from 11,092,682,340.43 RMB in 2024, a reduction of about 12.4%[23] - The net cash flow from investing activities increased significantly to 625,020,932.11 RMB in 2025 from 201,408,597.81 RMB in 2024, showing a growth of approximately 210.5%[24] - Cash inflow from financing activities decreased to 8,204,813,965.07 RMB in 2025 from 15,189,222,197.18 RMB in 2024, a decline of about 46.1%[24] - The net cash flow from financing activities was 193,405,434.43 RMB in 2025, down from 1,764,184,921.36 RMB in 2024, indicating a significant decrease of approximately 89.0%[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 156,029[12] - The largest shareholder, China Aerospace Times Electronics Co., Ltd., holds 586,634,344 shares, representing 17.78% of total shares[12] Inventory and Receivables - Accounts receivable increased to RMB 10,517,052,355.18 from RMB 6,993,737,741.11 year-over-year[15] - Inventory as of September 30, 2025, is RMB 22,510,812,346.07, compared to RMB 20,245,118,361.46 at the end of 2024[15] - The total current assets as of September 30, 2025, are RMB 40,831,115,846.83, an increase from RMB 38,560,563,252.83 at the end of 2024[15] Other Developments - The company is currently undergoing due diligence and audit assessments related to an asset swap and related party transactions[14] - The company has ongoing developments in new products and technologies, although specific details were not disclosed in the provided content[14] - The company will continue to fulfill its information disclosure obligations as the asset swap transaction progresses[14] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending activities[13]

Financial Performance - The company's revenue for Q3 2025 was ¥780,169,940.84, representing a 9.46% increase year-over-year, while the year-to-date revenue decreased by 1.04% to ¥2,142,075,961.81[4] - Net profit attributable to shareholders for Q3 2025 was ¥148,252,073.40, a decline of 19.21% compared to the same period last year, and a year-to-date decrease of 6.71% to ¥425,624,533.51[4] - The basic earnings per share for Q3 2025 was ¥0.1460, down 19.20% year-over-year, while the diluted earnings per share decreased by 18.92% to ¥0.1448[4] - Total operating revenue for the current period is ¥2,142,075,961.81, a decrease of 1.5% from ¥2,164,678,881.70 in the previous period[17] - Net profit for the current period is ¥443,078,447.16, down 6.7% from ¥474,926,737.39 in the previous period[18] - Operating profit for the current period is ¥505,752,148.09, a decrease of 7.6% compared to ¥547,204,322.37 in the previous period[17] - The company reported a decrease in total costs to ¥1,680,840,690.01, down from ¥1,696,584,007.99 in the previous period[17] - Basic earnings per share for the current period is ¥0.4192, down from ¥0.4491 in the previous period[18] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was ¥34,277,774.21, reflecting a significant decline of 92.35% compared to the previous year[4] - The company reported a significant increase in cash and cash equivalents, with a year-to-date net increase of ¥642,296,329.72, up 117.41% from the previous year[8] - The company's cash and cash equivalents increased to ¥694,935,625.36 from ¥55,996,398.59, representing a significant growth[14] - Cash flow from operating activities generated a net amount of ¥34,277,774.21, significantly down from ¥447,884,786.41 in the previous period[20] - Cash and cash equivalents at the end of the period totaled ¥693,825,984.02, an increase from ¥625,757,904.95 at the end of the previous period[20] Assets and Liabilities - Total assets as of September 30, 2025, were ¥6,803,791,957.77, a decrease of 2.18% from the end of the previous year[4] - Total current assets decreased to ¥5,653,480,888.31 from ¥5,807,447,287.46, reflecting a decline of about 2.6%[14] - Total liabilities decreased to ¥2,628,481,986.69 from ¥3,004,714,464.03, showing a reduction of approximately 12.5%[15] - The company's total assets decreased to ¥6,803,791,957.77 from ¥6,955,348,945.64, indicating a decline of about 2.2%[15] - The total equity increased slightly to ¥1,022,561,271.00 from ¥1,022,559,197.00, showing a marginal growth[15] - The company reported a significant reduction in contract liabilities from ¥1,806,791,270.47 to ¥1,458,536,712.38, a decrease of approximately 19.3%[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 45,802[10] - The largest shareholder, Unicom New World Investment Management, holds 11.20% of shares, totaling 114,499,861 shares[10] - The company has a total of 0 preferred shareholders at the end of the reporting period[12] Expenses - The company experienced a 90.96% increase in financial expenses, totaling ¥12,184,558.70, driven by higher interest costs[8] - The company has seen a 48.44% increase in tax and additional charges, amounting to ¥22,374,900.53, due to higher VAT payments[8] - Research and development expenses increased to ¥102,756,764.96, up 23.7% from ¥83,091,252.37 in the previous period[17] Audit Information - The company has not undergone an audit for the third quarter financial report[22]

苏州和林微纳科技股份有限公司 2025 年第三季度报告 证券代码：688661 证券简称：和林微纳 苏州和林微纳科技股份有限公司 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、准确性和完整性依法承担法律责任。 重要内容提示： 注： 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：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 | 23,956.74 | 66.22 | 67, ...

Financial Performance - Total revenue for Q3 2025 was CNY 337,947,966.23, a decrease of 0.43% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 25,484,824.37, down 18.25% year-over-year[4] - Total profit for the period was CNY 20,750,906.45, reflecting a significant decline of 42.09% compared to the previous year[4] - The basic earnings per share for the quarter was CNY 0.14, a decrease of 22.22% from the same period last year[5] - Total operating revenue for the first three quarters of 2025 was CNY 1,148,150,857.84, a decrease of 1.4% compared to CNY 1,164,316,596.07 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was CNY 110,868,486.23, down 22.4% from CNY 142,791,783.02 in the same period of 2024[20] - Basic earnings per share for the first three quarters of 2025 was CNY 0.63, down from CNY 0.82 in the same period of 2024[20] - The company reported a total comprehensive income of CNY 140,615,970.85 for the first three quarters of 2025, compared to CNY 135,035,506.78 in 2024[20] Assets and Liabilities - Total assets at the end of the period were CNY 3,347,963,775.30, a decrease of 10.53% from the end of the previous year[5] - The company’s total assets were RMB 3,347,963,775.30, compared to RMB 3,742,040,010.16 at the end of 2024, reflecting a reduction of approximately 11%[14] - The total liabilities decreased to CNY 596,424,189.86 from CNY 1,726,421,575.63 year-over-year[19] - Short-term borrowings decreased significantly to RMB 150,313,928.40 from RMB 426,604,575.77, a reduction of about 65%[14] - The company’s accounts payable decreased to RMB 268,874,782.26 from RMB 425,718,240.47, indicating a decline of approximately 37%[14] Equity and Shareholder Information - Shareholders' equity attributable to the parent company increased by 36.44% to CNY 2,747,982,971.64 due to the conversion of convertible bonds[5] - The total equity attributable to shareholders increased to CNY 2,747,982,971.64 from CNY 2,014,115,666.39 in the previous year[19] - The total number of common shareholders at the end of the reporting period was 15,470[10] - The company reported a total of 2,303,200 shares held in the repurchase account, representing 1.13% of total shares[13] Cash Flow - Operating cash flow net amount increased to ¥71,563,658.77 from a negative ¥17,455,309.47 year-over-year[23] - Investment activities generated a net cash flow of ¥191,321,888.68, a significant improvement from a negative ¥683,307,671.94 in the previous period[23] - Financing activities resulted in a net cash flow of -¥337,556,092.87, compared to a positive ¥131,630,988.42 last year[24] - Total cash and cash equivalents at the end of the period decreased to ¥424,289,289.40 from ¥807,660,357.48[24] - Cash inflow from operating activities totaled ¥1,375,989,761.70, up from ¥1,330,058,902.62[23] - Cash outflow from operating activities decreased to ¥1,304,426,102.93 from ¥1,347,514,212.09[23] - Cash inflow from investment activities was ¥3,696,254,298.41, compared to ¥2,729,995,915.95 previously[23] - Cash outflow from investment activities increased to ¥3,504,932,409.73 from ¥3,413,303,587.89[23] - Cash inflow from financing activities was ¥274,156,927.89, down from ¥378,935,396.42[24] - Cash outflow from financing activities rose to ¥611,713,020.76 from ¥247,304,408.00[24] Expenses - The company experienced increased sales promotion and R&D expenses, contributing to the decline in profits[8] - Total operating costs increased to CNY 1,091,080,657.84, up 6.2% from CNY 1,027,733,709.64 year-over-year[19] - Research and development expenses rose to CNY 70,139,092.89, an increase of 23% compared to CNY 57,007,658.80 in 2024[19] - The financial expenses for the first three quarters of 2025 were CNY 17,009,223.55, compared to a gain of CNY 8,609,589.47 in the same period of 2024[19] Non-Recurring Items - Non-recurring gains and losses totaled CNY 15,866,802.50 for the quarter, with significant contributions from government subsidies and asset disposals[7]

Financial Performance - The company's operating revenue for the third quarter was CNY 33,124,293.61, an increase of 7.16% compared to the same period last year[4]. - The total profit for the quarter was CNY 1,953,537.92, representing a decrease of 88.40% year-on-year[4]. - The net profit attributable to shareholders was CNY 1,417,167.93, down 89.96% compared to the previous year[4]. - The basic earnings per share for the quarter was CNY 0.0027, a decline of 90.07% year-on-year[5]. - Total operating revenue for the first three quarters of 2025 reached ¥80,150,736.15, an increase of 6.4% compared to ¥75,269,478.87 in the same period of 2024[21]. - Operating profit for the first three quarters of 2025 was ¥123,181,165.43, a decrease of 11.1% from ¥138,542,470.11 in the previous year[22]. - Net profit for the first three quarters of 2025 was ¥120,369,931.87, down 11.5% from ¥135,966,586.69 in the same period of 2024[22]. - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.2313, compared to ¥0.2581 in the previous year[23]. Cash Flow and Assets - The net cash flow from operating activities was CNY 8,026,307.10, a decrease of 79.35% compared to the same period last year[4]. - Cash flow from operating activities generated a net amount of ¥19,900,087.63, significantly lower than ¥54,762,873.38 in the same period of 2024[25]. - Cash flow from investing activities yielded a net inflow of ¥108,380,905.26, an increase from ¥83,528,236.25 year-over-year[25]. - Cash and cash equivalents amount to ¥1,206,271,516.82, compared to ¥1,148,865,149.71 at the end of 2024[17]. - Cash and cash equivalents at the end of the period totaled ¥1,167,457,613.11, up from ¥1,070,744,295.78 at the end of the same period last year[26]. - The company's total assets at the end of the reporting period were CNY 2,473,819,158.77, an increase of 0.81% from the end of the previous year[5]. - Current assets total ¥1,381,532,900.19, up from ¥1,320,848,125.14 at the end of 2024[18]. - The company's total liabilities decreased to ¥169,780,163.64 from ¥186,066,026.89[19]. - The equity attributable to shareholders of the parent company is ¥2,451,375,955.94, an increase from ¥2,413,777,799.87[19]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 25,024[12]. - The largest shareholder, Chunan Group, holds 131,630,912 shares, representing 25.34% of total shares[12]. Expenses and Other Financial Metrics - Research and development expenses increased by 44.84% year-to-date, driven by increased testing costs for new product development[9]. - The company reported a decrease in tax expenses to ¥2,867,542.39 from ¥4,098,136.25 in the previous year[22]. - Other comprehensive income after tax showed a slight improvement, with a net amount of -¥20,369,406.13 compared to -¥22,029,464.56 in the previous year[23]. Product and Market Development - The company has not confirmed any significant new products or technologies in the current report[10]. - The company has no significant new product launches or market expansion strategies mentioned in the report[14]. - The company reported a significant increase of 800.33% in prepayments year-to-date, attributed to increased advance payments for air conditioning production[9]. - Accounts receivable increased by 84.96% year-to-date, primarily due to unsettled sales from the online mall[9]. - Accounts receivable increased to ¥4,400,745.93 from ¥2,379,327.43[17].

浙江联翔智能家居股份有限公司 2025 年第三季度报告 证券代码：603272 证券简称：联翔股份 浙江联翔智能家居股份有限公司 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 | | | 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 | 31,373,133.18 | -15.83 | 105,7 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥173,372,199.63, a decrease of 15.49% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2025 was ¥29,967,202.38, down 19.66% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥29,798,348.78, a decline of 19.46% compared to the previous year[4] - The basic earnings per share for Q3 2025 was ¥0.03, representing a decrease of 25.00% year-on-year[4] - Total operating revenue for the current period is ¥487,501,366.11, a decrease of 11.36% from ¥549,988,023.61 in the previous period[20] - Net profit for the current period is ¥87,169,386.66, representing a decline of 28.0% compared to ¥121,077,659.25 in the previous period[20] - The basic and diluted earnings per share decreased to ¥0.08 from ¥0.12 in the previous period[20] - The company reported a total comprehensive income of ¥85,979,964.50, down from ¥120,082,533.67 in the previous period[20] Assets and Liabilities - The total assets at the end of Q3 2025 amounted to ¥3,484,177,735.93, an increase of 1.03% from the end of the previous year[4] - Total liabilities reached CNY 678,804,789.50, compared to CNY 668,977,628.73 at the start of the period, showing a slight increase of 2.5%[19] - The company's equity attributable to shareholders increased to CNY 2,805,372,946.43 from CNY 2,779,628,449.49, marking a growth of approximately 0.9%[19] - Current assets increased to CNY 2,485,049,144.13 from CNY 2,279,379,377.00, reflecting a growth of approximately 9.0%[18] - Inventory rose to CNY 439,925,456.75, up from CNY 364,604,963.59, indicating an increase of about 20.7%[18] - Accounts receivable rose to CNY 262,019,653.89 from CNY 238,887,962.02, reflecting an increase of about 9.7%[18] - The company's contract liabilities increased to CNY 274,958,493.59 from CNY 220,240,429.47, representing a significant increase of about 24.8%[19] - The non-current assets decreased to CNY 999,128,591.80 from CNY 1,169,226,701.22, indicating a decline of approximately 14.6%[18] - The company's deferred tax assets increased to CNY 30,793,854.15 from CNY 23,987,538.33, reflecting a growth of about 28.5%[18] Cash Flow - The cash flow from operating activities for the year-to-date was -¥64,324,251.34, a significant decrease of 126.48% compared to the same period last year[11] - Operating cash flow net amount is -¥64,324,251.34, a significant decrease from ¥242,921,411.04 in the previous period[21] - The net cash flow from investing activities was ¥10,419,955.25, a turnaround from -¥79,037,880.09 in the previous year, indicating improved cash management[11] - Investment activities generated a net cash flow of ¥10,419,955.25, compared to a negative cash flow of -¥79,037,880.09 in the previous period[21] - Cash and cash equivalents at the end of the period stand at ¥1,157,932,089.84, slightly down from ¥1,156,547,452.79 in the previous period[21] - The cash and cash equivalents increased to CNY 1,592,888,663.43 from CNY 1,549,612,722.96, a growth of approximately 2.8%[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 96,097[14] - The largest shareholder, He Yamin, holds 32.34% of the shares, amounting to 334,219,997 shares[14] - He Jia, the second-largest shareholder, owns 28.04% of the shares, totaling 289,775,148 shares[14] - Wei Yong, the third-largest shareholder, has 10.88% of the shares, which is 112,419,805 shares, with 73,010,000 shares pledged[14] - The combined shareholding of He Yamin and He Jia, who are related, accounts for 60.38% of the total shares[15] - The total number of preferred shareholders is not applicable, as there are no preferred shares reported[15] Corporate Governance - The company has undergone changes in its subsidiaries, including the cancellation of a subsidiary and a name change[16] - The company appointed a new head of the audit department, effective from June 30, 2025[16] - The company revised its articles of association and management systems in compliance with legal regulations[17] - There are no reported changes in the participation of major shareholders in margin trading activities[15] Other Financial Metrics - The company experienced a 134.95% increase in notes receivable, totaling ¥63,864,373.56, due to increased use of commercial acceptance bills by customers[9] - The company experienced a 95.27% increase in accounts receivable financing, amounting to ¥45,678,548.80, attributed to customers using bank acceptance bills for payments[9] - The company recorded a 1,422.89% increase in non-operating income, reaching ¥2,009,184.92, primarily due to contract breach compensation received[10] - The company experienced a foreign exchange loss of -¥327,445.57, compared to -¥1,463,228.83 in the previous period[21] - Research and development expenses increased to ¥27,078,837.81, up from ¥25,255,933.35 in the previous period, indicating a focus on innovation[20]

Financial Performance - Q3 2025 revenue was CNY 201,702,083.67, a decrease of 31.38% year-over-year[5] - Net profit attributable to shareholders was CNY 23,304,540.63, down 46.07% compared to the same period last year[5] - Basic earnings per share decreased by 46.51% to CNY 0.23, while diluted earnings per share fell by 48.84% to CNY 0.22[5] - Total operating revenue decreased to ¥615,787,938.13 from ¥740,600,044.37, representing a decline of approximately 16.9% year-over-year[19] - Net profit for the period was ¥83,021,829.87, down from ¥114,988,557.78, reflecting a decline of approximately 27.8% year-over-year[20] - Earnings per share decreased to ¥0.84 from ¥1.16, indicating a decline of about 27.6% year-over-year[20] Assets and Equity - Total assets at the end of Q3 2025 were CNY 1,802,126,148.21, a decrease of 1.58% from the end of the previous year[5] - Total assets amounted to ¥1,802,126,148.21, slightly down from ¥1,831,138,124.94, a decrease of approximately 1.6%[17] - The company’s total equity attributable to shareholders increased by 3.24% to CNY 1,611,690,912.66 compared to the end of last year[5] - Owner's equity increased to ¥1,622,258,887.44 from ¥1,572,311,516.74, reflecting an increase of approximately 3.2% year-over-year[17] Cash Flow - Cash flow from operating activities increased by 217.81% to CNY 102,851,954.68 year-to-date[5] - The company reported a significant increase in cash and cash equivalents, up 186.09% to CNY 390,355,641.27[9] - Cash inflow from operating activities totaled ¥728,353,594.97, down 6.3% from ¥777,465,552.72 in the previous period[21] - Cash outflow from operating activities decreased to ¥625,501,640.29 from ¥745,102,876.69, a reduction of 16.1%[21] - Operating cash flow for the current period is ¥102,851,954.68, a significant increase of 218.5% compared to ¥32,362,676.03 in the previous period[21] Investment Activities - Cash inflow from investment activities totaled ¥727,053,441.48, a 214.33% increase compared to ¥231,301,005.64 in the previous period[10] - Cash outflow for investments decreased by 35.37% to ¥511,984,876.13 from ¥792,213,530.88, primarily due to reduced purchases of large-denomination certificates of deposit[10] - Net cash flow from investment activities improved by 138.34%, reaching ¥215,068,565.35, compared to a negative cash flow of ¥560,912,525.24 in the previous period[10] - Total cash inflow from investment activities is ¥727,053,441.48, up from ¥231,301,005.64, indicating a growth of 214.5%[22] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 10,326, with no preferred shareholders[12] - The top ten shareholders hold significant stakes, with the largest shareholders, Zhong Xingfu and Chen Fangren, each owning 18.20% of the shares[12] Financial Expenses and Taxes - The company recorded a 79.92% increase in tax and additional fees, totaling CNY 4,728,303.58 year-to-date[9] - The company received ¥21,256,218.21 in tax refunds, down 39.9% from ¥35,335,215.70 in the previous period[21] - The company’s financial expenses decreased by 89.51% to CNY -1,673,179.04, primarily due to reduced interest income[9] Other Financial Metrics - Total liabilities decreased to ¥179,867,260.77 from ¥258,826,608.20, a reduction of about 30.5% year-over-year[17] - Research and development expenses were ¥20,487,044.75, slightly down from ¥21,731,995.99, a decrease of about 5.7% year-over-year[19] - Deferred income increased to ¥32,380,490.69 from ¥25,510,150.02, an increase of approximately 27.5% year-over-year[17] - Other comprehensive income after tax decreased to -¥12,438,032.30 from -¥3,938,392.39, indicating a worsening of approximately 216.5% year-over-year[20] Audit Status - The company has not undergone an audit for the third quarter financial report[23]

Financial Performance - Q3 2025 revenue reached ¥295,182,271.28, an increase of 5.37% year-over-year, while year-to-date revenue decreased by 1.11% to ¥855,274,926.40[5] - Net profit attributable to shareholders for Q3 2025 was ¥10,070,740.55, a significant increase of 230.99%, with year-to-date net profit rising by 232.18% to ¥54,395,334.20[5] - Basic earnings per share for Q3 2025 was ¥0.0637, reflecting a 230.00% increase, with year-to-date earnings per share at ¥0.3442, also up by 229.38%[5] - Total operating revenue for Q3 2025 was CNY 855,274,926.40, a decrease of 1.8% from CNY 864,900,603.72 in the previous year[32] - Net profit for Q3 2025 reached CNY 53,557,958.28, significantly up from CNY 10,531,607.50 in the same period last year, representing a year-over-year increase of 408.5%[33] - Operating profit for the period was CNY 81,683,638.08, compared to CNY 47,276,046.04 in the previous year, indicating a growth of 72.6%[33] Assets and Liabilities - Total assets as of the end of Q3 2025 amounted to ¥2,254,311,852.20, a 1.30% increase from the end of the previous year[5] - The total assets as of Q3 2025 amounted to CNY 2,254,311,852.20, slightly up from CNY 2,225,440,397.53 in the previous year[32] - Total liabilities decreased to CNY 344,048,178.86 from CNY 345,714,195.13, reflecting a reduction of 0.5%[32] - Total liquid assets decreased from ¥767,321,351.31 to ¥365,237,231.60, a decline of approximately 52.3%[30] - Total current assets increased from ¥1,405,147,188.44 to ¥1,519,747,430.48, an increase of approximately 8.1%[30] - Total non-current assets decreased from ¥1,000,000,000 to ¥1,000,000,000, reflecting stability in long-term investments[30] Cash Flow - The company’s net cash flow from operating activities for the first nine months of 2025 was ¥170,499,922.20, reflecting a 23.63% increase[5] - Operating cash flow for the current period is ¥170,499,922.20, an increase of 23.6% compared to ¥137,910,544.21 in the previous period[34] - Cash flow from investment activities for the first nine months of 2025 was -¥51,739,840, a decrease of 257.21% year-over-year, primarily due to increased purchases of financial products[23] - Total cash inflow from investment activities is ¥2,287,819,378.03, significantly higher than ¥84,076.45 in the previous period[34] - Net cash flow from investment activities is -¥517,398,406.38, worsening from -¥144,846,120.88 in the previous period[34] - Cash and cash equivalents at the end of the period stand at ¥362,158,129.76, down from ¥1,383,595,479.90 in the previous period[35] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,888[25] - Major shareholder 何伟 holds 19.19% of shares, totaling 30,327,379 shares[25] - The company repurchased 2,722,719 shares, accounting for 1.72% of total share capital[26] - 何伟, 何向东, and 付丽芳 signed a concerted action agreement, indicating a unified shareholder strategy[26] - The company has a total of 74,936,340 restricted shares, with 36,392,855 shares released during the period[28] Investment and Expenses - Investment income for the first nine months of 2025 surged to ¥9,739,700, a staggering increase of 1,313,133.75% compared to the previous year, due to adjustments in cash management of idle funds[18] - Research and development expenses for the quarter were CNY 10,475,430.11, down from CNY 13,724,401.11, a decrease of 23.8%[32] - The company’s non-operating income for the first nine months of 2025 increased by 207.31% to ¥470,500, mainly due to an increase in compensation received[21] Accounting and Reporting - The company has not yet audited the third-quarter financial report[36] - The company will implement new accounting standards starting from 2025[36]

Financial Performance - Revenue for the third quarter reached ¥184,322,848.23, an increase of 22.24% compared to the same period last year[4] - Net profit attributable to shareholders was ¥14,802,669.26, reflecting a growth of 649.71% year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached ¥498,120,706.74, an increase of 18.1% compared to ¥421,797,164.33 in the same period of 2024[22] - Operating profit for the first three quarters of 2025 was ¥27,314,669.55, significantly higher than ¥822,287.52 in the same period of 2024[22] - Net profit for the first three quarters of 2025 was ¥24,651,902.37, compared to ¥3,288,209.82 in 2024, marking a substantial increase[23] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.1209, compared to ¥0.0175 in 2024[23] Cash Flow - Cash flow from operating activities amounted to ¥66,265,233.28, indicating a significant increase[5] - In the first three quarters of 2025, the cash inflow from operating activities was CNY 425,283,014.65, an increase of 23.2% compared to CNY 345,298,206.97 in the same period of 2024[26] - The net cash flow from operating activities turned positive at CNY 66,265,233.28, compared to a negative CNY 15,203,002.05 in the first three quarters of 2024[26] - Cash inflow from investment activities totaled CNY 703,147,742.48, up from CNY 472,628,474.16 in the previous year, marking a 48.8% increase[27] - The net cash flow from investment activities was negative at CNY -360,102,135.47, an improvement from CNY -490,042,951.42 in the same period last year[27] - Cash inflow from financing activities was CNY 16,297,650.00, significantly lower than CNY 668,692,011.00 in the first three quarters of 2024[27] - The net cash flow from financing activities was negative at CNY -15,127,808.73, compared to a positive CNY 583,541,506.25 in the previous year[27] Assets and Liabilities - Total assets at the end of the period were ¥2,070,008,500.16, up 0.85% from the end of the previous year[5] - The total assets of the company amounted to ¥2,070,008,500.16, slightly up from ¥2,052,549,249.85 in the previous year[20] - Total liabilities increased to ¥390,558,854.56 from ¥368,111,578.02, reflecting a growth of 6.4%[20] - The company's total equity stood at ¥1,679,449,645.60, a slight decrease from ¥1,684,437,671.83 in the previous year[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,027[13] - The top ten shareholders collectively hold 43.55% of the company's shares, with the largest shareholder owning 8.99%[13] Investments and Expenses - The company has a long-term investment of RMB 8.27 million, down from RMB 8.98 million, indicating a decrease of about 7.9%[18] - Research and development expenses for the first three quarters of 2025 totaled ¥20,303,983.27, a decrease of 15.4% from ¥23,837,915.66 in 2024[22] - Financial expenses for the first three quarters of 2025 showed a net income of -¥9,642,107.38, compared to -¥2,218,874.23 in 2024, indicating a worsening financial position[22] Other Financial Metrics - The basic earnings per share for the period was ¥0.0726, with a year-to-date increase of 590.86%[5] - The weighted average return on equity increased to 0.88%, up 1.24 percentage points from the previous year[5] - Non-recurring gains and losses totaled ¥4,973,791.76 for the current period[8] - The company received tax refunds of RMB 905.36 million, primarily due to an increase in export tax rebates compared to the previous period[11] - Cash received from government subsidies increased to RMB 74.60 million, reflecting a rise from the previous period[11] - The company reported a significant foreign exchange gain of RMB 439.42 million, attributed to increased foreign currency exchange income[11]