益海嘉里金龙鱼食品集团股份有限公司 2025 年第三季度报告 益海嘉里金龙鱼食品集团股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1、董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2、公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）声明：保证季度报告中财务信息的真实、准确、 完整。 3、第三季度财务会计报告是否经过审计 □是 否 证券代码：300999 证券简称：金龙鱼 公告编号：2025-036 1 益海嘉里金龙鱼食品集团股份有限公司 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 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（千元） | 68,588,05 ...

Financial Performance - Net profit for the third quarter was RMB 1.25 billion, reflecting a year-on-year increase of 15.85%[3] - Operating income for the third quarter was RMB 3.14 billion, up 2.27% from the same period last year[3] - Total revenue for the first three quarters of 2025 reached CNY 9,923,909, an increase of 4.6% compared to CNY 9,484,825 in the same period of 2024[32] - The net profit for the first three quarters of 2025 was CNY 3,975,265, representing a 16.2% increase from CNY 3,422,764 in the same period of 2024[32] - Net profit for the first three quarters of 2025 was RMB 3,922,169, representing a 15.7% increase from RMB 3,387,774 in 2024[38] Asset and Liability Management - Total assets reached RMB 778.70 billion, an increase of 12.93% compared to the end of the previous year[12] - Total liabilities increased to CNY 725,944,129, up 13.2% from CNY 641,204,233 at the end of 2024[31] - The total assets of the company as of September 30, 2025, amounted to CNY 766,974,051, an increase of 13.7% from CNY 674,467,316 at the end of 2024[36] - The total liabilities of the company as of September 30, 2025, were CNY 715,008,927, an increase from CNY 626,995,695 at the end of 2024, representing a growth of 14.0%[37] Loan and Deposit Growth - Total loans amounted to RMB 383.01 billion, growing by 13.60% year-on-year[12] - The total deposits reached RMB 485.02 billion, an increase of 10.35% from the previous year[12] - Customer deposits reached CNY 482,620,035 as of September 30, 2025, up from CNY 435,376,342 at the end of 2024, indicating an increase of 10.8%[37] - The company's net increase in customer loans and advances for the first three quarters of 2025 was CNY 46,497,901, compared to CNY 33,445,600 in the same period of 2024, representing a growth of 39.0%[34] Risk Management - The non-performing loan ratio improved to 1.09%, a decrease of 0.10 percentage points from the end of the previous year[13] - Non-performing loans amounted to CNY 4,171,216, representing 1.09% of total loans, a slight improvement from 1.19% last year[22] - The bank's non-performing loan ratio remained stable, indicating effective risk management strategies[32] - The provision coverage ratio increased to 351.43%, up by 29.05 percentage points year-on-year[13] Capital Adequacy - Core Tier 1 capital increased to CNY 48,162,148, up CNY 8,050,900 from the previous year[15] - The Core Tier 1 capital adequacy ratio improved to 11.49%, up 0.74 percentage points from the previous year[15] - The bank's capital adequacy ratio improved to 13.5%, up from 12.8% at the end of 2024, reflecting a stronger capital position[31] - The bank's leverage ratio was reported at 5.94%, indicating a stable capital structure[18] Cash Flow and Investment - Net cash flow from operating activities for the year-to-date was RMB 24.96 billion, a significant increase of 52.21% compared to the previous year[9] - Net cash flow from operating activities for the first three quarters of 2025 reached CNY 24,964,453, an increase of 52.4% compared to CNY 16,400,989 in the same period of 2024[34] - The net cash flow from operating activities increased to RMB 23,661,283, compared to RMB 17,994,131 in the previous year, marking a growth of 31.1%[40] - The company reported a total comprehensive income of RMB 1,988,886 for the first three quarters of 2025, down from RMB 4,207,415 in 2024[39] Investment Activities - Total cash inflow from investment activities decreased to CNY 102,976,690 in 2025 from CNY 118,497,390 in 2024, reflecting a decline of 13.1%[35] - The company's net cash flow from investment activities was negative at CNY -37,573,829 for the first three quarters of 2025, worsening from CNY -30,859,171 in the same period of 2024[35] - The net cash outflow from investing activities was RMB 35,576,789, compared to RMB 30,850,571 in the previous year, indicating increased investment activity[40] Future Outlook - The bank plans to expand its market presence through strategic partnerships and technology investments in the coming quarters[32]

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。 中国建筑股份有限公司 2025 年第三季度报告 证券代码：601668 证券简称：中国建筑 公告编号：临 2025-065 中国建筑股份有限公司 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 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人郑学选、主管会计工作负责人黄杰及会计机构负责人（会计主管人员）姜瑞枫保证季 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 / 22 中国建筑股份有限公司 2025 年第三季度报告 注："本报告期"指本季度初至本季度末 3 个月期间，下同。 公司主要会计数据和财务指标的说明 √适用 □不适用 ①计算每股收益时，将尚未达到解锁条件及失效的限制性股票从本公司发行在外普通股的加权平均数中扣减。 ②按照相关会计规定，计算每股收益时，归属于上市公司股东的净利润要扣除 ...

Revenue and Profitability - Total revenue for Q3 2025 reached RMB 78.4 billion, an increase of 8.2% year-on-year[13] - Net profit attributable to shareholders was RMB 2.57 billion, a decrease of 8.5% compared to the same period last year[14] - The company's operating revenue reached CNY 225.26 billion, an increase of 8.89% compared to the same period last year[17] - The gross profit for Q3 2025 was RMB 9.79 billion, a decline of 4.4% year-on-year[14] - The company's net profit for the current period was RMB 8,716,349 thousand, compared to RMB 7,673,004 thousand in the previous period, reflecting a growth of about 13.6%[38] - The company reported a profit before tax of RMB 10,870,005 thousand, compared to RMB 10,147,558 thousand in the previous period, an increase of approximately 7.1%[38] - Basic and diluted earnings per share were both 1.67 yuan, up from 1.58 yuan in the previous period, reflecting a growth of about 5.7%[39] Customer and Market Growth - The number of active monthly billing customers exceeded 2.4 million, with individual members surpassing 780 million[12] - International express and cross-border e-commerce logistics revenue increased by 27% year-on-year, accelerating from the first half of the year[13] - The logistics revenue in sectors such as industrial equipment, high-tech communications, automotive, and consumer goods grew by over 25% year-on-year[12] Cash Flow and Investments - The operating cash flow for the year-to-date period was RMB 19.42 billion, down 13.91% year-on-year[7] - The company reported a net cash flow from operating activities of CNY 19.42 billion, a decrease of 13.91% compared to the previous year[17] - The net cash flow from investing activities was -19,173,669 thousand yuan, an improvement from -23,545,605 thousand yuan in the previous period[41] - The net cash flow from financing activities was -14,375,963 thousand yuan, compared to -18,163,634 thousand yuan, showing a reduction in cash outflow[41] - The company received 72,255,072 thousand yuan in cash related to investment activities, significantly higher than 55,211,564 thousand yuan in the previous period, indicating a growth of about 30.9%[40] Assets and Liabilities - The company’s total assets as of September 30, 2025, were RMB 217.93 billion, an increase of 1.92% from the end of the previous year[7] - The total liabilities decreased to RMB 108,950,112 thousand from RMB 111,488,992 thousand, indicating a reduction of approximately 2.3%[37] - The company's cash and cash equivalents decreased to RMB 19,392,730 thousand from RMB 33,936,101 thousand, a decline of about 42.9%[36] - The company's long-term investments increased to RMB 7,216,771 thousand from RMB 6,203,642 thousand, showing a growth of approximately 16.3%[36] Shareholder and Equity Information - The total number of common shareholders at the end of the reporting period is 269,654, with 269,570 being A-share shareholders[25] - The largest shareholder, Shenzhen Mingde Holdings Development Co., Ltd., holds 46.87% of shares, totaling 2,361,920,119 shares[25] - The company plans to repurchase A-shares with a total fund of no less than RMB 5 billion and no more than RMB 10 billion, with a maximum repurchase price of RMB 60 per share[27] - As of September 30, 2025, the company has repurchased 7,432,648 shares for approximately RMB 299,989,306.65, representing 0.15% of the total share capital[27] - The repurchase plan has been adjusted to a total fund of no less than RMB 15 billion and no more than RMB 30 billion, with the implementation period extended to October 29, 2026[28] Strategic Initiatives - The company continues to implement its "Activate Operations" strategy to enhance market expansion and operational efficiency[11] - The company aims to achieve a year-on-year net profit attributable to shareholders that remains stable by Q4 2025, with a focus on sustainable growth[15] - As of September 30, 2025, approximately 90.40% of the funds raised from convertible bonds have been utilized for enhancing international logistics capabilities and R&D[23] - The company plans to allocate 30% of the raised funds to strengthen international logistics capabilities, with CNY 804.32 million earmarked for this purpose[20] Employee Stock Ownership Plan - The "Common Growth" employee stock ownership plan involves up to 20 million A-shares, accounting for approximately 4% of the current total share capital[29] - The stock ownership plan will grant a maximum of 18 million virtual share units annually, with a total of no more than 7,186 participants in the first grant[30] - The initial grant price for the virtual share units is set at RMB 35 per unit[30] - The first grant date for the stock ownership plan is September 15, 2025[30] - Mingde Holdings has transferred 20 million A-shares to the stock ownership plan's account to facilitate its implementation[31] Financing Activities - The company issued a super short-term financing bond with a scale of RMB 1 billion through its wholly-owned subsidiary, Tyson Holdings, on August 7, 2025[32][33]

Financial Performance - The company's operating revenue for the third quarter reached ¥15,078,374,967.92, representing a year-on-year increase of 27.85%[4] - The total profit for the third quarter was ¥301,816,192.63, a significant increase of 1,329.19% compared to the same period last year[4] - The net profit attributable to shareholders for the third quarter was ¥335,789,849.38, reflecting a year-on-year increase of 1,764.21%[4] - For the first nine months, the company achieved a net profit attributable to shareholders of ¥1,112,648,015.41, an increase of 157.45% year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached CNY 45.45 billion, a 27.1% increase from CNY 35.76 billion in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 1.04 billion, compared to CNY 402.50 million in the first three quarters of 2024, representing a significant increase[19] - The total comprehensive income for the first three quarters of 2025 was CNY 953.15 million, significantly higher than CNY 330.63 million in 2024[20] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥58,093,378,616.06, which is a 12.04% increase from the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥30,421,114,972.57, an increase from ¥25,697,262,421.78 as of December 31, 2024[15] - Total assets as of September 30, 2025, are ¥58,093,378,616.06, up from ¥51,848,813,097.04[15] - The total liabilities increased to CNY 42.09 billion in 2025 from CNY 37.33 billion in 2024, reflecting a growth of 12.5%[17] - The company's total non-current liabilities were CNY 4.40 billion in 2025, slightly up from CNY 4.31 billion in 2024, indicating a growth of 2.0%[17] - Total liabilities include accounts payable of ¥16,130,746,451.50, up from ¥14,306,147,913.70[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 120,128[12] - Beijing Automotive Group Co., Ltd. holds 3,233,860,362 shares, accounting for 40.84% of total shares[12] - The company issued 1,428,571,428 shares to its controlling shareholder, Beijing Automotive Group Co., Ltd., with a lock-up period of 36 months[14] Cash Flow and Expenses - Cash inflows from operating activities amounted to CNY 40.03 billion in the first three quarters of 2025, compared to CNY 30.50 billion in 2024, marking a growth of 31.2%[22] - The net cash flow from operating activities was 1,697,913,284.95, a significant improvement from a negative cash flow of -763,095,739.83 in the previous period[23] - Total cash outflow from operating activities amounted to 38,330,064,044.91, compared to 31,265,886,289.22 in the prior year, indicating an increase of approximately 22%[23] - Cash paid to employees was 3,127,246,036.96, an increase from 2,475,810,417.19, representing a rise of about 26%[23] - Cash paid for taxes was 784,703,446.79, compared to 580,035,303.10 in the previous year, indicating an increase of approximately 35%[23] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 1.38 billion, a decrease of 8.7% from CNY 1.51 billion in 2024[18] Profitability and Returns - The weighted average return on equity increased by 4.50 percentage points to 7.50% for the first nine months of the year[5] - The basic earnings per share for the first three quarters of 2025 was CNY 0.1405, compared to CNY 0.0546 in the same period of 2024, reflecting an increase of 156.5%[20] Cost Management - The company has implemented cost reduction strategies, resulting in a decrease of 1.71 percentage points in expense ratios for the third quarter[10] Internationalization and Marketing - The company continues to focus on internationalization and innovative marketing strategies, leading to improved profitability in overseas and aftermarket businesses[10] Non-Recurring Gains - Non-recurring gains for the current period amounted to ¥125,124,884.51, contributing to the overall financial performance[8]

红星美凯龙家居集团股份有限公司 2025 年第三季度报告 证券代码：601828 证券简称：美凯龙 红星美凯龙家居集团股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会及董事、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 | | 年初至报告 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 比上年同 | 年初至报告期末 | 期末比上年 | | | | 期增减变 | | 同期增减变 | | | | 动幅度(%) | | 动幅度(%) | | 营业收入 | 1,631,585,229.51 | -13.24 | 4 ...

Financial Performance - Operating revenue for Q3 2025 was CNY 239,557,108.42, an increase of 5.75% year-on-year, while year-to-date revenue reached CNY 641,637,879.50, up 8.38% compared to the same period last year[3]. - Total profit for Q3 2025 decreased by 80.26% to CNY 3,012,551.67, and year-to-date profit fell by 92.05% to CNY 5,494,037.85[3]. - Net profit attributable to shareholders for Q3 2025 was CNY 883,982.60, down 91.67%, with year-to-date net profit at CNY 5,757,102.54, a decrease of 88.94%[3]. - Basic earnings per share for Q3 2025 was CNY 0.01, reflecting an 85.71% decline, while diluted earnings per share also stood at CNY 0.01, down 85.71%[4]. - Total operating revenue for the first three quarters of 2025 reached ¥641.64 million, an increase of 8.4% compared to ¥592.00 million in the same period of 2024[19]. - Net profit for the first three quarters of 2025 was ¥20.32 million, a decrease of 70.0% from ¥67.83 million in the same period of 2024[20]. - The company's total equity attributable to shareholders reached ¥1,309.17 million, an increase of 2.9% from ¥1,277.69 million year-over-year[17]. Expenses and Costs - Research and development expenses totaled CNY 29,019,410.26 for the quarter, representing an increase of 8.62%, with year-to-date R&D expenses at CNY 79,169,617.33, up 6.79%[4]. - Total operating costs increased to ¥607.64 million, up 22.0% from ¥498.01 million year-over-year[19]. - The decline in total profit was attributed to underutilization of new production capacity and increased operational costs, including a rise in management and R&D expenses[8]. Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was CNY 130,643,426.87, reflecting an increase of 11.18%[3]. - Cash inflow from operating activities was ¥688.02 million, an increase of 9.6% compared to ¥627.84 million in the same period of 2024[23]. - Total cash outflow from investing activities amounted to CNY 463,356,464.01, compared to CNY 372,038,883.48 in the prior period, indicating an increase of about 24.5%[25]. - The net cash flow from financing activities was CNY 70,088,914.22, a decrease from CNY 92,380,906.71, representing a decline of approximately 24.2%[25]. - Cash inflow from investment activities totaled CNY 231,318,668.20, compared to CNY 109,808,893.15, marking an increase of approximately 110.5%[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,403,032,864.21, a 10.19% increase from the previous year[4]. - The company's total liabilities increased to ¥1,063.25 million, up 19.7% from ¥887.76 million year-over-year[17]. - The company's long-term borrowings increased to ¥370.59 million, up 34.2% from ¥276.25 million year-over-year[17]. - The total current liabilities decreased from RMB 105,299,365.84 to RMB 35,032,625.00, indicating a significant reduction in short-term borrowings[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,670[10]. - The company has a total of 2,244,907 shares held in its repurchase account, representing 1.39% of the total share capital[12]. Future Outlook - The company is currently in an investment and preparation phase, with expectations of improved profitability as new business demands convert into actual orders and new capacity begins to yield scale benefits[12]. - The company is actively expanding its production capacity to meet the lightweight innovation needs of core customers, which is expected to enhance its competitive position in the market[12].

Financial Performance - The company's operating revenue for the third quarter was ¥51,957,455.64, an increase of 400.03% compared to the same period last year[4]. - The total profit for the third quarter was -¥8,939,342.77, a decrease of 225.92% year-on-year[4]. - The net profit attributable to shareholders was -¥2,384,240.92, representing a year-on-year decrease of 812.93%[4]. - Year-to-date operating revenue reached ¥132,329,513.85, down 30.55% compared to the same period last year[5]. - The net profit attributable to shareholders for the year-to-date period was -¥49,934,038.30, a decrease of 812.93% year-on-year[5]. - Total operating revenue for the first three quarters of 2025 was CNY 132,329,513.85, a decrease of 30.6% compared to CNY 190,550,723.79 in the same period of 2024[23]. - Net profit for the first three quarters of 2025 was a loss of CNY 49,845,840.11, compared to a profit of CNY 6,703,919.85 in 2024[24]. - The total comprehensive income attributable to the parent company was -52,982,199.33 RMB, compared to 3,259,392.67 RMB in the previous year[25]. - Basic and diluted earnings per share were both -0.1152 RMB, compared to 0.0162 RMB in the previous year[25]. Revenue Breakdown - The private equity investment management business generated operating revenue of ¥5,600,000, down 42.55% year-on-year, with a net profit of -¥3,100,000, a decrease of 331.32%[6]. - The real estate business reported operating revenue of ¥6,400,000, down 31.63%, with a net profit loss of -¥1,000,000, an increase in loss of 61.37%[6]. - The construction business achieved operating revenue of ¥1,300,000, with a net profit loss of -¥900,000 due to high initial operating costs[6]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,818,172,197.38, a decrease of 3.01% from the previous year[5]. - The company's total assets decreased to CNY 2,818,172,197.38 from CNY 2,905,682,203.17 year-over-year[20]. - Total liabilities decreased to CNY 227,871,943.45 from CNY 256,066,550.73 year-over-year[21]. - Current assets totaled CNY 1,892,600,098.37, down from CNY 2,003,529,359.76[20]. - Non-current assets increased to CNY 925,572,099.01 from CNY 902,152,843.41 year-over-year[20]. - The company reported a significant increase in other receivables, rising to CNY 102,428,735.53 from CNY 34,062,035.25[19]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 27,499[13]. - Jiangxi Zhongjiang Group Co., Ltd. holds 29.80% of shares, totaling 129,195,158 shares, with 99,000,000 shares pledged[13]. - Jiangxi Zixing Enterprise Management Co., Ltd. holds 21.37% of shares, totaling 92,631,501 shares, with 92,400,000 shares pledged[13]. - Jiangxi Zixing Commercial Development Co., Ltd. holds 21.20% of shares, totaling 91,910,650 shares[13]. - The top three shareholders collectively hold 72.37% of the company's shares[16]. - The company has no significant changes in the shareholding structure due to the transfer of shares[16]. Cash Flow - Total cash and cash equivalents as of September 30, 2025, is 57,304,779.28 RMB, down from 258,913,725.30 RMB as of December 31, 2024[18]. - The net cash flow from operating activities was -106,915,485.65 RMB, a decline from -56,395,103.63 RMB year-over-year[26]. - Cash inflow from operating activities totaled 127,605,015.47 RMB, down from 154,349,177.46 RMB in the same period last year[26]. - Cash outflow from operating activities increased to 234,520,501.12 RMB, compared to 210,744,281.09 RMB in the previous year[26]. - The net cash flow from investing activities was -107,576,896.11 RMB, a significant decrease from 56,224,367.11 RMB in the prior year[26]. - Cash and cash equivalents at the end of the period were 55,885,990.76 RMB, down from 238,528,221.26 RMB year-over-year[26]. - The company received cash from investment activities totaling 16,481,303.89 RMB, a decrease from 59,027,094.95 RMB in the previous year[26]. - The company paid 62,000,893.58 RMB in employee compensation, down from 82,092,219.99 RMB in the previous year[26]. - The company reported a cash inflow from financing activities of 17,698,564.01 RMB, compared to -6,767.28 RMB in the previous year[26]. Operational Insights - The company has not reported any significant operational issues during the reporting period[17]. - The company has not issued any new products or technologies during the reporting period[17]. - There are no plans for market expansion or mergers and acquisitions mentioned in the report[17]. - The company is focusing on improving operational efficiency to address the decline in net profit and revenue[24]. - Research and development expenses were not specified but are critical for future product development and market expansion strategies[24].

证券代码：002317 证券简称：众生药业 公告编号：2025-105 广东众生药业股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 广东众生药业股份有限公司 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 广东众生药业股份有限公司 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 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 589,023,962.64 | 8.35% ...

Financial Performance - The company's operating revenue for the third quarter was CNY 794,797,890.74, a decrease of 26.19% compared to the same period last year[4]. - The total profit for the quarter was CNY 22,733,489.46, reflecting a significant decline of 70.69% year-over-year[4]. - The net profit attributable to shareholders was CNY 18,312,511.26, down 75.05% from the previous year[4]. - The net profit after deducting non-recurring gains and losses was CNY 15,987,547.69, a decrease of 77.25% compared to the same period last year[4]. - The basic earnings per share for the quarter was CNY 0.03, representing a 75.00% decline year-over-year[5]. - Total operating revenue for the first three quarters of 2025 was CNY 2,311,963,047.62, a decrease of 20.5% compared to CNY 2,907,283,242.66 in the same period of 2024[18]. - Net profit for the first three quarters of 2025 was CNY 175,316,463.23, a decline of 45.2% from CNY 320,424,567.06 in 2024[19]. - The company reported a basic earnings per share of CNY 0.27 for the first three quarters of 2025, down from CNY 0.49 in 2024[19]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 13,572,440,267.94, an increase of 11.59% from the end of the previous year[5]. - The company's current assets reached CNY 11,757,259,383.40, up from CNY 10,232,512,611.13, indicating a growth of about 14.9%[14]. - The company's total liabilities stood at CNY 8,315,192,831.52, an increase from CNY 7,268,148,209.59, reflecting a growth of approximately 14.4%[15]. - Total liabilities increased to CNY 9,325,888,371.56 in 2025 from CNY 7,953,627,963.37 in 2024, reflecting a growth of 17.2%[16]. - The total non-current assets decreased to CNY 1,815,180,884.54 from CNY 1,930,721,130.93, reflecting a decline of about 6.0%[15]. - The company reported a decrease in long-term equity investments to CNY 362,042,095.58 from CNY 399,011,537.06, a decline of approximately 9.3%[14]. Cash Flow - The company reported a cash flow from operating activities of CNY 654,141,434.67 for the year-to-date[5]. - Cash flow from operating activities for the first three quarters of 2025 was CNY 654,141,434.67, compared to a negative cash flow of CNY -48,168,351.33 in 2024[22]. - The net increase in cash and cash equivalents was 945,845,745.42, compared to a decrease of 222,054,418.72 in the previous period[23]. - The ending balance of cash and cash equivalents was 3,283,735,210.52, compared to 1,899,852,343.79 in the previous period[23]. - The company generated CNY 3,795,889,556.70 in cash from sales during the first three quarters of 2025, an increase from CNY 2,844,971,108.98 in 2024[22]. Shareholder Information - The equity attributable to shareholders increased to CNY 4,117,130,704.36, a rise of 1.00% compared to the end of last year[5]. - The total number of common shareholders at the end of the reporting period was 28,306[10]. - Total equity attributable to shareholders increased to CNY 4,117,130,704.36 in 2025 from CNY 4,076,547,805.03 in 2024[16]. Expenses - Total operating costs for the first three quarters of 2025 were CNY 2,200,041,451.19, down 20.2% from CNY 2,756,237,649.74 in 2024[18]. - Research and development expenses for the first three quarters of 2025 were CNY 58,502,705.57, an increase from CNY 49,362,144.75 in 2024[18]. Financing Activities - Total cash inflow from financing activities amounted to 2,030,771,024.46, up from 1,958,125,735.82[23]. - Cash received from borrowings was 2,029,571,024.46, compared to 1,956,778,735.82 in the previous period[23]. - Cash outflow for debt repayment was 1,612,718,553.00, compared to 1,045,308,453.00 in the previous period[23]. - The net cash flow from financing activities was 217,206,889.81, down from 694,187,981.99[23]. - Cash paid for dividends and interest was 190,194,981.20, slightly up from 186,987,039.29[23]. Accounting Standards - The company will not apply new accounting standards starting from 2025[24].