Financial Performance - The company's operating revenue for Q3 2025 reached ¥18,738,152,024.78, representing a year-on-year increase of 28.65% compared to ¥14,565,133,037.60 in the same period last year[6] - Net profit attributable to shareholders was ¥99,238,863.27, a significant increase of 265.47% from ¥59,974,260.00 in the previous year[6] - The net profit after deducting non-recurring gains and losses was ¥97,245,483.05, up 455.17% from ¥27,379,980.00 year-on-year[6] - Basic earnings per share improved to ¥0.0280, a 262.79% increase from -¥0.0241 in the same period last year[6] - Total operating revenue for the period reached ¥51,098,413,535.23, an increase of 12.8% compared to ¥45,423,007,611.46 in the previous period[19] - The company's net profit attributable to shareholders increased to ¥1,277,732,448.76, compared to ¥1,082,050,900.10 in the previous period, marking a growth of 18.0%[17] - The company's operating profit for the current period is CNY 240,118,132.20, an increase from CNY 156,402,158.53 in the previous period, representing a growth of approximately 53.4%[20] - The net profit attributable to shareholders of the parent company is CNY 195,681,548.66, up from CNY 123,148,500.82, reflecting a year-over-year increase of about 58.7%[20] - The total comprehensive income for the current period is CNY 141,695,985.25, compared to CNY 73,192,304.26 in the previous period, indicating an increase of approximately 93.5%[20] Assets and Liabilities - Total assets as of September 30, 2025, were ¥24,277,538,400.73, reflecting an 8.52% increase from ¥22,371,124,234.60 at the end of the previous year[6] - The total assets of the company increased to ¥24,277,538,400.73 from ¥22,371,124,234.60, representing a growth of 8.5%[18] - The total liabilities increased to ¥16,343,923,401.43 from ¥14,788,307,198.56, reflecting a rise of 10.5%[17] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥364,748,310.00, a decrease of 60.52% compared to the previous year[6] - Cash flow from operating activities shows a net outflow of CNY 364,748,319.97, an improvement from a net outflow of CNY 923,929,492.67 in the previous period[21] - Cash flow from investing activities has a net inflow of CNY 154,006,160.80, compared to a net inflow of CNY 365,231,766.79 in the previous period[21] - Cash flow from financing activities resulted in a net inflow of CNY 131,821,371.54, which is an increase from CNY 37,383,397.14 in the previous period[22] - The ending cash and cash equivalents balance is CNY 4,027,607,250.76, up from CNY 3,531,914,435.77 in the previous period[22] - Cash and cash equivalents decreased to ¥4,088,272,993.62 from ¥4,191,949,198.56, a decline of 2.5%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 205,710[11] - The top 10 shareholders hold a total of 440,000,000 shares, representing approximately 12.67% of total shares[11] - Zhao Wenquan, a major shareholder, holds 140,000,000 shares, accounting for 3.90% of total shares[11] - The company has a significant number of pledged shares, with 50,358,109 shares pledged by Tibet Dingxin Investment Management Co., Ltd.[11] - The total number of restricted shares at the beginning of the period was 78,707,817, with 33,583,652 shares added during the period[13] - The company has a total of 112,291,469 restricted shares at the end of the period[13] - The top shareholder, Zhao Wenquan, has 105,000,000 shares under lock-up due to executive restrictions[13] - The company has no preferred shareholders or changes in preferred shareholder status[12] - The company has not reported any changes in the participation of major shareholders in margin trading[12] Research and Development - The company's R&D expenses for the first nine months of 2025 were ¥66,789,400.93, an increase of 85.84% compared to ¥35,939,499.80 in the same period last year[9] - Research and development expenses increased to ¥66,789,400.93, compared to ¥35,939,499.80 in the previous period, a significant increase of 85.7%[19] Investment Income - Investment income surged to ¥83,216,048.53, a 126.70% increase from ¥36,707,673.09 year-on-year, indicating strong performance in joint ventures[9] - The company reported an investment income of ¥83,216,048.53, up from ¥36,707,673.09, indicating a growth of 126.5%[19] Operating Costs - Total operating costs amounted to ¥50,807,271,374.76, up from ¥45,269,918,255.33, reflecting a growth of 12.0%[19] - The total operating revenue from sales of goods and services is CNY 50,464,003,664.27, an increase from CNY 46,340,461,519.14 in the previous period, representing a growth of about 4.6%[21] Audit Status - The company has not undergone an audit for the third quarter financial report[23]

Financial Performance - The company's revenue for Q3 2025 reached ¥2,055,982,312.86, representing a 45.72% increase year-over-year[5] - Net profit attributable to shareholders was ¥36,521,687.58, a significant increase of 558.30% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥36,227,777.48, reflecting a remarkable growth of 1063.85% year-over-year[5] - The company's basic earnings per share for Q3 2025 was ¥0.0767, up 572.81% from the same period last year[5] - Net profit for the current period was ¥126,963,492.26, representing a 9.1% increase from ¥115,882,882.44 in the previous period[23] - Basic earnings per share for the current period were ¥0.1887, compared to ¥0.1120 in the previous period, representing a significant increase[24] Assets and Liabilities - Total assets as of the end of Q3 2025 amounted to ¥7,596,988,207.32, marking a 14.99% increase from the end of the previous year[5] - The company's total assets increased to ¥7,596,988,207.32, compared to ¥6,606,705,830.47 in the previous period, reflecting a growth of 15%[21] - Total liabilities rose to ¥6,043,358,105.59, up from ¥5,199,396,287.88, indicating an increase of 16.2%[20] - The company's equity attributable to shareholders increased to ¥1,258,139,039.49, compared to ¥1,151,399,739.04, marking a growth of 9.3%[20] Cash Flow - Cash flow from operating activities showed a net outflow of ¥198,173,815.58, a decline of 427.92% compared to the previous year[10] - Operating cash inflow for the current period reached ¥4,776,616,211.76, a 22% increase from ¥3,917,935,350.99 in the previous period[25] - Cash inflow from financing activities was ¥2,308,794,691.11, significantly higher than ¥1,075,210,941.76 in the previous period, leading to a net cash flow of ¥823,242,539.99[26] - The ending balance of cash and cash equivalents increased to ¥280,607,387.23 from ¥170,383,361.49 in the previous period[26] - Cash outflow from investment activities totaled ¥505,274,498.94, down from ¥721,088,484.13 in the previous period, resulting in a net cash flow of -¥504,107,294.45[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 79,143[12] - The largest shareholder, Hongxin Chuangye Investment Group, holds 17.45% of shares, totaling 84,185,311 shares, with 23,650,000 shares pledged[12] - The top ten shareholders hold a combined total of 84,185,311 shares, which is 17.45% of the total shares outstanding[12] Expenses and Costs - The company reported a 213.66% increase in financial expenses, totaling ¥101,374,390.87, primarily due to increased interest expenses from expanded financing[9] - The company experienced a 32.80% increase in taxes and surcharges, amounting to ¥25,735,195.05, driven by higher sales revenue[9] - Total operating costs amounted to ¥5,320,044,284.64, up 24.3% from ¥4,279,824,855.59 in the prior period[22] - Research and development expenses for the current period were ¥116,567,344.42, an increase from ¥102,701,516.99 in the previous period, reflecting a growth of 13.5%[22] Litigation - The company has ongoing litigation with a total amount involved of ¥80,550,700, with the majority as the plaintiff[16] - The company has no significant adverse impact on its financial condition and ongoing operations from the litigation mentioned[16] Other Information - The company did not execute any significant mergers or acquisitions during the reporting period[27] - The financial report for the third quarter was not audited[27]

Revenue and Profit - Revenue for Q3 2025 reached ¥163,013,952.56, an increase of 27.76% compared to the same period last year[4] - Net profit attributable to shareholders was a loss of ¥5,607,337.88, a decrease of 92.13% year-on-year[4] - Total operating revenue for the current period reached ¥505,901,814.13, an increase of 18.1% compared to ¥428,499,956.45 in the previous period[21] - Net profit attributable to shareholders of the parent company was 12,414,342.07, down from 13,522,801.72, indicating a decrease of about 8.21%[22] - Operating profit for the current period was ¥14,420,768.51, slightly down from ¥14,772,806.46 in the previous period, reflecting a decrease of 2.4%[21] - The basic and diluted earnings per share were both 0.11, down from 0.13 in the previous period, reflecting a decrease of about 15.38%[22] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥67,063,327.21, representing a significant increase of 157.15%[4] - Operating cash flow for the current period was 67,063,327.21, a significant improvement from a negative cash flow of -117,338,044.31 in the previous period[23] - Cash and cash equivalents rose to ¥270,660,062.97, an increase of 3.4% from ¥261,520,749.98 at the beginning of the period[18] - Cash and cash equivalents at the end of the period totaled 263,601,773.78, up from 151,152,291.47, marking an increase of approximately 74.4%[24] - The company reported cash inflows from operating activities of 497,084,120.90, compared to 352,393,865.98 in the previous period, representing a growth of about 41.1%[23] - Investment activities generated a net cash flow of 148,806,252.80, compared to 118,159,050.68 in the previous period, showing an increase of approximately 25.9%[23] - The company reported a net cash outflow from financing activities of -12,115,590.42, an improvement from -16,839,952.43 in the previous period[24] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥1,737,525,077.02, reflecting a growth of 2.95% from the end of the previous year[4] - Current assets totaled ¥680,664,114.43, a decrease of 6.9% from ¥731,163,266.12 at the beginning of the period[18] - Non-current assets increased to ¥1,056,860,962.59, up 10.5% from ¥956,574,144.01 at the start of the period[18] - Total liabilities increased to ¥364,519,594.76, up 15% from ¥316,977,020.15 at the start of the period[18] - Shareholders' equity totaled ¥1,373,005,482.26, a slight increase from ¥1,370,760,389.98 at the beginning of the period[19] Shareholder Information - The company holds 57,000,000 shares of common stock, representing 52.78% ownership[12] - Major shareholder Mou Jianyu owns 9.26% of the company with 10,000,000 shares[12] - The company has a total of 81,000,000 restricted shares, with 57,000,000 shares set to be released on April 21, 2025[13] - The total number of shares held by the top 10 unrestricted shareholders includes 57,000,000 shares from the company itself[12] - The company’s major shareholders, Mou Jianyu and Yu Kuai, are related, with Mou holding 94% of the group[12] - The company’s total restricted shares decreased by 14,250,000 during the reporting period[14] Financial Management - The company’s financial adjustments reflect a significant focus on cash management strategies using raised funds[15] - As of June 30, 2023, the company used RMB 465.84 million for purchasing large-denomination certificates of deposit[15] - The adjusted balance of large-denomination certificates of deposit as of December 31, 2023, is RMB 393.39 million[15] - The company plans to use RMB 327.01 million for large-denomination certificates of deposit and structured deposits by June 30, 2024[15] Inventory and Operating Costs - Total operating costs amounted to ¥496,867,187.24, up 18.6% from ¥419,066,576.47 in the prior period[21] - Inventory decreased to ¥81,631,461.69, down 14.2% from ¥95,111,078.72 at the start of the period[18] - The company incurred total operating expenses of 430,020,793.69, a decrease from 469,731,910.29 in the previous period, indicating a reduction of approximately 8.4%[23]

Financial Performance - The company's revenue for Q3 2025 reached ¥852,002,407.33, representing a 48.53% increase year-over-year[5] - Net profit attributable to shareholders was ¥69,981,713.83, up 73.25% compared to the same period last year[5] - The basic earnings per share increased to ¥0.38, reflecting a growth of 72.73% year-over-year[5] - Total operating revenue for the current period reached ¥2,266,568,807.52, a significant increase of 44% compared to ¥1,575,536,233.56 in the previous period[28] - Net profit for the current period was ¥167,043,118.93, up 74.5% from ¥95,600,806.20 in the previous period[29] - Operating profit increased to ¥173,475,716.45, compared to ¥84,190,864.21 in the previous period, reflecting a growth of 106.5%[29] - Total comprehensive income for the current period was ¥171,307,378.34, compared to ¥94,612,490.08 in the previous period, reflecting an increase of 80.9%[29] - The company reported a diluted earnings per share of 0.81, compared to 0.54 in the previous period, marking a 50% increase[30] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥4,134,979,093.29, a 25.76% increase from the end of the previous year[5] - The total liabilities rose to CNY 1,825,890,468.51 from CNY 1,140,230,770.94, indicating an increase of approximately 60.1%[26] - The company's equity attributable to shareholders increased to CNY 2,295,371,004.04 from CNY 2,157,192,319.70, marking a growth of about 6.4%[27] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥249,731,471.58, reflecting a 9.10% increase[12] - The company experienced a 79.16% increase in net cash flow from investing activities, primarily due to changes in financial operations and increased capital expenditures[12] - Cash flow from operating activities generated a net amount of ¥249,731,471.58, compared to ¥228,907,456.04 in the previous period, indicating a growth of 9%[31] - The company reported a significant increase in cash and cash equivalents at the end of the period totaling ¥542,425,409.85, up from ¥401,059,418.43 in the previous period[32] - The company's cash and cash equivalents decreased to CNY 601,278,399.90 from CNY 765,587,552.76, representing a decline of approximately 21.4%[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 29,181[14] - The largest shareholder, Wang Mingxi, holds 19.43% of shares, totaling 36,161,200 shares[14] - The second-largest shareholder, Huang Yichao, holds 4.90% of shares, totaling 9,110,724 shares[14] - The top ten shareholders hold a significant portion of shares, with the largest holding being 19.43%[14] Research and Development - Research and development expenses for the year-to-date reached ¥214,164,098.30, a 54.02% increase driven by a rise in personnel and material costs[11] - Research and development expenses rose to ¥214,164,098.30, an increase of 54% from ¥139,049,069.70 in the previous period[28] Corporate Governance - The board of directors has been expanded from 7 to 9 members to enhance governance structure, with the addition of one non-independent director and one employee representative director[21] - The company has made strategic moves to enhance its governance and operational efficiency through amendments to its articles of association and board structure[21] Subsidiaries and Incentives - The company established a holding subsidiary, Jiangsu Jingyan Heat Treatment Co., Ltd., on August 2, 2025[19] - The company approved a 2025 restricted stock incentive plan on September 26, 2025[19] - Total restricted shares at the beginning of the period were 37,256,940, with 463,320 shares released during the period[18] - Wang Mingxi's restricted shares remain at 27,120,900, with a transfer limit of 25% annually[17] - Huang Yichao's restricted shares remain at 6,833,043, also with a 25% annual transfer limit[17] - The company has a total of 36,799,704 restricted shares remaining after the period[18] Litigation - The company is involved in ongoing litigation regarding performance compensation related to the acquisition of Antxin, with a retrial application submitted by former shareholders[20] Inventory and Accounts Receivable - Accounts receivable increased by 33.31% to ¥813,184,964.97, primarily due to higher sales revenue[10] - The company reported a significant increase in inventory, which rose to CNY 484,777,958.41 from CNY 396,685,831.07, reflecting a growth of approximately 22.1%[25]

Financial Performance - The company's revenue for Q3 2025 reached ¥840,320,133.29, representing a year-on-year increase of 7.82%[5] - Total operating revenue for the current period reached ¥2,366,045,801.41, an increase of 25.5% compared to ¥1,885,334,916.09 in the previous period[20] - Net profit for the current period was a loss of ¥37,093,667.79, an improvement from a loss of ¥96,105,561.09 in the previous period[21] - The net profit attributable to shareholders was -¥5,358,263.36, a significant decline of 645.84% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥15,839,836.99, down 247.79% year-on-year[5] - The basic earnings per share for the current period was -¥0.01, a decrease of 620.00% compared to the previous year[5] - Basic earnings per share for the current period were -¥0.09, an improvement from -¥0.24 in the previous period[22] - The company reported a total comprehensive loss of ¥41,941,963.58, compared to a loss of ¥106,913,310.66 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,312,262,486.66, an increase of 3.42% from the end of the previous year[5] - The company's total assets increased to ¥6,312,262,486.66, compared to ¥6,103,624,853.82 in the previous period, reflecting a growth of 3.4%[18] - Total liabilities rose to ¥4,510,894,374.08, up from ¥4,199,853,858.51, indicating an increase of 7.4%[18] - The company's non-current assets totaled ¥2,890,392,621.41, a rise from ¥2,681,717,714.46, representing a growth of 7.8%[18] Cash Flow - The cash flow from operating activities for the year-to-date was -¥62,085,837.76, reflecting an increase of 86.47% compared to the previous year[5] - Operating cash inflow for the current period reached ¥1,980,320,280.26, a significant increase from ¥1,299,565,836.84 in the previous period[23] - Net cash flow from operating activities was -¥62,085,837.76, improving from -¥458,936,373.76 year-over-year[24] - Cash inflow from investment activities totaled ¥2,439,080,268.19, compared to ¥2,378,612,307.57 in the prior period[24] - Net cash flow from investment activities was -¥96,864,844.91, an improvement from -¥836,158,967.47 year-over-year[24] - Cash inflow from financing activities amounted to ¥1,669,222,855.57, up from ¥1,537,132,921.73 in the previous period[24] - Net cash flow from financing activities was -¥74,711,635.68, a decline from a positive net flow of ¥625,999,349.46 in the prior year[24] - The ending balance of cash and cash equivalents was ¥236,887,997.68, down from ¥368,718,703.15 year-over-year[24] - Total cash outflow from operating activities was ¥2,042,406,118.02, compared to ¥1,758,502,210.60 in the previous period[24] - Total cash outflow from investment activities was ¥2,535,945,113.10, a decrease from ¥3,214,771,275.04 year-over-year[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,597[11] - The largest shareholder, Shenzhen Dali Investment Development Co., Ltd., holds 38.19% of shares, totaling 152,893,800 shares, all of which are pledged[11] - The company plans to repurchase shares with a total amount not less than RMB 60 million and not exceeding RMB 120 million, with a maximum repurchase price of RMB 27.10 per share[14] - As of April 1, 2025, the company has repurchased a total of 3,224,843 shares, accounting for 0.8054% of the total share capital, with a total transaction amount of RMB 60,015,900.74[15] - The company has a total of 3,224,843 shares repurchased, with the highest transaction price being RMB 22.00 per share and the lowest at RMB 16.70 per share[15] - The company has not disclosed any changes in the top 10 shareholders due to securities lending or borrowing activities[13] Other Financial Metrics - The company's construction in progress increased by 48.08%, primarily due to investments in facilities and equipment in Jiangxi and Chongqing[8] - The company's other non-current assets rose by 64.15%, mainly due to an increase in prepaid project and equipment payments[8] - The company's accounts payable increased by 74.36%, attributed to higher procurement payments due to increased revenue[8] - The company's income tax expenses surged by 670.92%, primarily due to an increase in deferred income tax[9] - Research and development expenses for the current period were ¥94,102,025.45, slightly down from ¥102,446,364.02 in the previous period[20] - The company's cash and cash equivalents decreased from RMB 584,008,468.37 to RMB 398,648,678.50 during the reporting period[16] - Accounts receivable increased from RMB 808,049,508.64 to RMB 941,574,753.02, indicating a growth of approximately 16.4%[16] - Inventory increased from RMB 983,819,573.89 to RMB 1,195,578,101.32, reflecting a growth of approximately 21.5%[16] Audit Status - The company’s financial report for Q3 was not audited[26]

Financial Performance - The company's revenue for Q3 2025 was CNY 756,087,804.86, a decrease of 3.03% compared to the same period last year[6]. - Net profit attributable to shareholders decreased by 30.59% to CNY 114,939,334.69 for the quarter[6]. - The basic earnings per share (EPS) fell by 32.35% to CNY 0.23, while diluted EPS decreased by 35.29% to CNY 0.22[6]. - Total operating revenue for Q3 2025 reached CNY 2,268,037,308.70, an increase of 5.7% compared to CNY 2,145,889,147.01 in the same period last year[17]. - Net profit for Q3 2025 was CNY 406,362,002.10, a decrease of 9.6% from CNY 449,734,781.87 in Q3 2024[18]. - Total comprehensive income for the period was CNY 406,362,002.10, down from CNY 452,523,631.87 in the previous period, representing a decrease of approximately 10.2%[19]. - Basic earnings per share decreased to CNY 0.82 from CNY 0.93, a decline of about 11.8%[19]. Assets and Liabilities - Total assets increased by 8.83% to CNY 3,670,856,478.20 compared to the end of the previous year[6]. - Total liabilities increased to CNY 975,896,246.22 from CNY 846,401,371.85, reflecting a rise of 15.3%[15]. - The company's equity attributable to shareholders reached CNY 2,675,021,852.70, up from CNY 2,526,729,860.86, indicating a growth of 5.9%[15]. - Total current assets amount to 1,579,187,899.83 CNY, a slight decrease from 1,601,774,702.04 CNY at the beginning of the period[13]. - Cash and cash equivalents increased to 543,737,630.21 CNY from 443,307,337.44 CNY[13]. - Inventory increased to 396,201,736.89 CNY from 367,704,817.24 CNY, indicating a growth in stock levels[13]. - Accounts receivable decreased to 320,829,767.11 CNY from 350,502,639.39 CNY, reflecting improved collection efforts[13]. Cash Flow - The company reported a net cash flow from operating activities of CNY 455,768,933.16, down 24.29% year-to-date[6]. - Net cash flow from operating activities was CNY 455,768,933.16, down 24.2% from CNY 601,982,134.14 in the previous period[20]. - Cash inflow from operating activities totaled CNY 2,637,415,820.01, slightly up from CNY 2,608,388,679.21, an increase of approximately 1.1%[20]. - Cash outflow from operating activities increased to CNY 2,181,646,886.85, compared to CNY 2,006,406,545.07, reflecting a rise of about 8.7%[20]. - Net cash flow from investing activities was negative at CNY -294,487,006.72, an improvement from CNY -447,868,715.79 in the previous period[21]. - Cash inflow from investing activities increased to CNY 572,986,244.90 from CNY 280,071,846.57, a growth of approximately 104.5%[21]. - Cash outflow from investing activities rose to CNY 867,473,251.62, compared to CNY 727,940,562.36, an increase of about 19.2%[21]. - Net cash flow from financing activities was negative at CNY -52,925,877.97, an improvement from CNY -88,887,994.12 in the previous period[21]. - The ending balance of cash and cash equivalents was CNY 541,853,778.64, up from CNY 480,436,200.35, an increase of approximately 12.8%[22]. Investments and Expenses - The company’s long-term equity investments rose by 186.77% to CNY 95,836,414.65, primarily due to new investments[9]. - Management expenses increased by 46.61% to CNY 89,902,249.25, mainly due to higher employee compensation and service fees[9]. - Research and development expenses were CNY 174,151,080.41, slightly up from CNY 167,429,052.23, indicating a focus on innovation[17]. - The company reported an investment loss of CNY 344,033.52, contrasting with a gain of CNY 2,541,117.47 in the previous year[18]. - Deferred income tax liabilities increased to CNY 13,131,844.50 from CNY 4,817,142.19, indicating changes in tax strategy[15]. - The company recorded a significant increase in other operating income, which rose by 208.69% to CNY 2,072,712.84, attributed to government subsidies[9]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 34,736[11]. - The largest shareholder, Zhu Zhihong, holds 33.12% of shares, totaling 165,663,600 shares, with 124,247,700 shares pledged[11]. - The top 10 shareholders include both individual and institutional investors, with significant stakes held by Zhu Zhihong and Duan Lixin[11]. - The company has not reported any changes in the status of preferred shareholders or any significant changes in shareholding due to margin trading[12]. - There are no reported changes in the status of restricted shares or any new strategies related to market expansion or product development[12].

福建远翔新材料股份有限公司 2025 年第三季度报告 证券代码：301300 证券简称：远翔新材 公告编号：2025-044 福建远翔新材料股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 1 福建远翔新材料股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | 营业收入（元） | 126,517,553.69 | 6.04% | 36 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥467,874,796.25, representing an increase of 8.67% year-over-year[6]. - The net profit attributable to shareholders for Q3 2025 was ¥3,140,090.46, a decrease of 10.51% compared to the same period last year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,584,339.81, an increase of 9.70% year-over-year[6]. - For the first nine months of 2025, the company reported revenue of CNY 1.188 billion, a growth of 3.73% year-over-year[21]. - The net profit attributable to shareholders for the first nine months was CNY 6.39 million, a decrease of 17.85% year-over-year, primarily due to increased credit asset impairment losses[21]. - Total operating revenue for the current period reached ¥1,188,400,988.50, an increase of 3.5% compared to ¥1,145,631,609.78 in the previous period[31]. - Net profit for the current period was ¥12,788,233.44, a decrease of 17.8% from ¥15,572,704.18 in the previous period[33]. Assets and Liabilities - The total assets at the end of Q3 2025 amounted to ¥3,936,803,929.03, reflecting a growth of 4.23% from the end of the previous year[6]. - The total assets of the company reached ¥3,936,803,929.03, up from ¥3,776,955,719.75, indicating a growth of 4.2%[31]. - Total liabilities increased to ¥2,581,552,208.68 from ¥2,440,864,548.92, reflecting a rise of 5.8%[30]. - The company's total equity attributable to shareholders reached ¥1,341,365,884.93, up from ¥1,322,184,574.64, reflecting a growth of 1.5%[31]. Cash Flow - The cash flow from operating activities showed a net outflow of ¥74,386,625.55, a significant decline of 484.77% compared to the previous year[6]. - Net cash flow from operating activities was negative at CNY -74,386,625.55, compared to a positive CNY 19,332,508.95 in the previous period[37]. - Cash inflow from financing activities was CNY 836,393,966.57, down from CNY 959,385,589.87[39]. - Cash outflow for investing activities was CNY 14,502,927.77, significantly lower than CNY 62,994,483.77 in the previous period[38]. - The company reported a net cash flow from financing activities of CNY 93,461,052.18, up from CNY 9,466,697.01[39]. Shareholder Information - The number of common stock shareholders at the end of the reporting period was 27,163, with no preferred shareholders[18]. - The top ten shareholders collectively hold significant stakes, with the largest shareholder, Gu Qingwei, owning 11.14% of the shares[18]. Expenses - Research and development expenses increased to ¥70,712,598.79, compared to ¥61,869,782.58, marking a rise of 14.9%[32]. - Financial expenses decreased by 22.84% year-over-year due to improved capital efficiency and reduced financing costs[21]. - The company reported a decrease in selling expenses to ¥92,766,043.77 from ¥117,549,168.46, a reduction of 21.1%[32]. Other Comprehensive Income - The company reported a significant increase of 1580.40% in other comprehensive income, reaching ¥5,969,106.32, primarily due to foreign currency translation differences[12]. - Total comprehensive income reached CNY 19,160,549.52, an increase from CNY 15,222,418.01[34]. Future Plans - The company plans to continue focusing on the rail transit sector while accelerating emerging business initiatives to enhance operational efficiency[21]. Audit Information - The company did not undergo an audit for the third quarter financial report[40].

Financial Performance - The company's operating revenue for Q3 2025 was ¥156,557,133.92, an increase of 2.27% compared to the same period last year[5] - Net profit attributable to shareholders decreased by 27.49% to ¥10,954,892.13 in Q3 2025[5] - The basic earnings per share fell by 28.24% to ¥0.0752, while diluted earnings per share decreased by 27.96% to ¥0.0755[5] - Total operating revenue for Q3 2025 reached CNY 489,993,513.67, an increase of 2.13% compared to CNY 475,978,604.90 in the same period last year[29] - Total operating costs for Q3 2025 were CNY 423,507,257.63, up from CNY 418,849,344.51, reflecting a year-over-year increase of 1.57%[31] - Net profit for Q3 2025 was CNY 57,474,571.42, representing a 4.14% increase from CNY 53,373,090.44 in Q3 2024[31] - The total comprehensive income for the period was CNY 58,016,008.36, compared to CNY 53,314,801.36 in the previous period, reflecting an increase of approximately 12.7%[33] - Basic earnings per share increased to CNY 0.3975 from CNY 0.3682, representing a growth of about 7.9%[33] Assets and Liabilities - Total assets increased by 14.22% to ¥1,285,706,162.45 compared to the end of the previous year[5] - The company's total assets as of Q3 2025 amounted to CNY 1,285,706,162.45, compared to CNY 1,125,628,141.88 at the end of the previous year, indicating a growth of 14.23%[28] - Current liabilities increased to CNY 234,528,439.45 from CNY 180,201,485.30, marking a rise of 30.14% year-over-year[28] - Long-term borrowings rose significantly to CNY 98,946,653.88 from CNY 27,682,930.02, a substantial increase of 257.36%[28] - The company's inventory as of Q3 2025 was CNY 189,586,453.64, up from CNY 174,325,670.32, reflecting an increase of 8.77%[26] - The total equity attributable to shareholders increased to CNY 939,871,378.56 from CNY 912,635,969.71, an increase of 2.98%[28] Cash Flow and Investments - Operating cash flow for the year-to-date period was ¥65,433,200.71, a decrease of 3.87% compared to the previous year[5] - Cash inflow from investment activities was CNY 115,615,633.17, down from CNY 569,336,409.63, indicating a significant decline of about 79.7%[37] - Net cash flow from operating activities was CNY 65,433,200.71, slightly down from CNY 68,064,241.66 in the previous period, a decrease of approximately 2.4%[37] - Net cash flow from financing activities improved to CNY 64,885,784.08 from a negative CNY 67,238,049.78, marking a turnaround[37] - The cash and cash equivalents at the end of the period totaled CNY 143,061,699.72, up from CNY 108,847,929.30, an increase of approximately 31.3%[37] - Cash received from investment recoveries decreased by 79.89% to $114 million compared to $567 million in the same period last year, primarily due to reduced idle funds following the completion of investment projects[14] - Cash received from investment income fell by 87.59% to $268,190.56 from $2.16 million, attributed to decreased idle funds and reduced financial product purchases[14] - Cash received from the disposal of fixed assets increased by 672.17% to $1.35 million from $174,500, due to higher proceeds from the disposal of old equipment[14] - Cash paid for investments decreased by 82.55% to $74 million from $424 million, mainly due to reduced idle funds following the completion of investment projects[14] - Cash received from borrowings rose by 83.56% to $189.8 million from $103.4 million, reflecting an increase in bank loans to meet operational needs[14] - Cash received from other financing activities amounted to $6.25 million, resulting from employee stock option subscription funds[14] - Cash paid for other financing activities decreased by 88.73% to $3.08 million from $27.33 million, primarily due to share repurchase activities in the previous period[14] Government Support and Future Plans - The company received government subsidies totaling ¥1,574,235.98, which are closely related to its normal business operations[8] - The company plans to invest a total of $17 million in the intelligent manufacturing project for automotive suspension dampers, with a construction period of 18 months[22] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30] Other Financial Metrics - The company experienced a 65.90% increase in asset impairment losses, amounting to ¥5,166,418.40, primarily due to higher costs of new products[12] - The company reported a 436.46% increase in asset disposal gains, totaling ¥162,813.38, due to increased sales of old machinery[12] - The impact of exchange rate fluctuations on cash and cash equivalents increased by 100.28% to $4.05 million from $2.02 million, attributed to significant exchange rate volatility during the period[14] - The company received CNY 189,800,000.00 in borrowings, compared to CNY 103,400,000.00 in the previous period, an increase of about 83.3%[37] - The company paid CNY 46,342,179.34 in dividends and interest, slightly up from CNY 45,350,477.19, an increase of about 2.2%[37] - The company reported a decrease in tax refunds received, totaling CNY 38,766,673.49 compared to CNY 40,403,292.73 in the previous period, a decline of about 4.1%[37] - The company did not undergo an audit for the third quarter financial report[38]

Financial Performance - The company's revenue for the third quarter reached ¥389,870,658.49, representing a 141.28% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥16,322,752.23, a significant increase of 187.95% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥13,382,128.01, up 170.18% from the previous year[4] - The basic earnings per share for the quarter was ¥0.0875, an increase of 187.94% compared to the same period last year[4] - The weighted average return on net assets was 1.63%, showing a slight increase of 3.16% year-on-year[4] - The company reported a net profit of ¥24,964,446.71 for the current period, compared to a loss of ¥11,796,325.07 in the previous period, showing a significant turnaround[20] - The net profit for the current period is CNY 45,963,008.94, a decrease from CNY 47,224,917.15 in the previous period, representing a decline of approximately 2.66%[24] - Operating profit for the current period is CNY 50,756,612.16, down from CNY 65,912,933.44, indicating a decrease of about 23%[24] - Total comprehensive income for the current period is CNY 45,963,008.94, compared to CNY 47,224,917.15 in the previous period, reflecting a decrease of approximately 2.66%[24] - Basic and diluted earnings per share for the current period are both CNY 0.2471, down from CNY 0.2539 in the previous period[24] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥2,520,275,513.20, reflecting a 13.15% increase from the end of the previous year[4] - The company's total assets increased to ¥2,520,275,513.20 as of September 30, 2025, up from ¥2,227,279,513.99 at the beginning of the period[20] - The company's total liabilities rose to ¥1,503,267,358.01 from ¥1,247,630,543.09, reflecting an increase of about 20.5%[20] - The company's short-term borrowings increased to ¥327,191,939.03 from ¥209,745,763.88, marking a rise of about 56.0%[19] - The company’s long-term borrowings increased to ¥604,399,416.44 from ¥355,000,000.00, representing a growth of approximately 70.0%[20] Cash Flow - The cash flow from operating activities showed a net outflow of ¥76,862,022.26, which is a 76.40% improvement compared to the previous period[4] - Cash flow from operating activities shows a net outflow of CNY 76,862,022.26, an improvement from a net outflow of CNY 325,635,674.96 in the previous period[25] - The company generated CNY 561,360,128.57 in cash from sales of goods and services, up from CNY 447,257,918.86 in the previous period, marking an increase of about 25.5%[25] - The company incurred a total of CNY 699,956,827.38 in cash outflows from operating activities, down from CNY 888,044,519.22 in the previous period[25] Shareholder Information - The company reported a total of 10,567 common shareholders at the end of the reporting period[10] - The largest shareholder, Changchun Huifeng Automobile Gear Co., Ltd., holds 52.09% of the shares[10] - The company has a significant shareholder, Changchun Huifeng Automotive Gear Co., Ltd., holding 97.16 million shares, which accounts for a substantial portion of the total shares[11] - The second-largest shareholder, Wang Ran, holds 35 million shares, indicating a concentrated ownership structure[11] - The top ten shareholders include several individuals and entities, with the largest holding representing 60% of the total shares[11] - The company has not disclosed any other significant shareholder relationships or actions outside of the listed shareholders[11] - There are no changes reported in the top ten shareholders due to securities lending or borrowing activities[11] - The company has not issued any preferred shares or reported any changes in restricted shares[12] Share Repurchase - The company plans to repurchase between 1.5 million and 3 million shares, representing approximately 0.8042% to 1.6085% of the total share capital[13] - The total estimated repurchase amount could range from RMB 33 million to RMB 66 million, based on a maximum repurchase price of RMB 22.00 per share[13] - The implementation period for the share repurchase is set for 12 months from the board's approval date[13] - The company is focused on using its own and raised funds for the share repurchase, indicating a strategic approach to capital management[13] - As of September 30, 2025, the company repurchased a total of 124,000 shares, accounting for 0.0665% of the total share capital, with a total transaction amount of ¥2,477,809.00[14] Operating Performance - Total operating revenue for the current period reached ¥1,205,078,444.83, compared to ¥968,030,643.71 in the previous period, representing a growth of approximately 24.5%[22] - Total operating costs increased to ¥1,160,474,173.81 from ¥888,325,772.02, indicating a rise of about 30.6%[22] - The company's cash and cash equivalents rose to ¥165,861,146.29 from ¥136,317,938.96, reflecting an increase of approximately 21.8%[18] - The company's inventory as of September 30, 2025, was ¥677,879,433.89, up from ¥648,385,746.39, indicating an increase of approximately 4.5%[18] - The company raised CNY 505,000,000.00 through financing activities, compared to CNY 400,000,000.00 in the previous period, indicating a growth of 26.25%[26] - The company reported a total investment cash outflow of CNY 37,651,300.73, compared to CNY 29,723,433.88 in the previous period, indicating an increase in investment activities[26]