Financial Performance - The company's operating revenue for the third quarter reached ¥2,175,649,653.16, an increase of 7.78% compared to the same period last year[5] - The total profit for the quarter was ¥140,260,200.62, reflecting a decrease of 8.50% year-over-year[5] - The net profit attributable to shareholders was ¥132,823,081.77, down 6.10% from the previous year[5] - The basic earnings per share for the quarter was ¥0.35, a decline of 5.41% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2025 reached ¥6,196,159,568.23, an increase of 3.68% compared to ¥5,976,242,905.26 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was ¥394,503,766.49, compared to ¥379,398,133.42 in 2024, representing a growth of 3.08%[20] - Basic earnings per share for the first three quarters of 2025 were ¥1.07, an increase from ¥0.99 in the same period of 2024[22] - The company reported a total comprehensive income of ¥401,279,505.23 for the first three quarters of 2025, compared to ¥372,320,073.18 in 2024, reflecting an increase of 7.4%[20] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥8,737,944,418.90, a decrease of 1.87% from the end of the previous year[6] - The total assets of the company decreased to RMB 8,737,944,418.90 from RMB 8,904,781,941.06, indicating a reduction of about 1.9%[16] - Total liabilities decreased to ¥4,773,365,452.88 in 2025 from ¥4,983,821,714.47 in 2024, a reduction of approximately 4.22%[17] - The total liabilities decreased to RMB 4,760,389,754.52 from RMB 4,883,254,511.66, indicating a decline of about 2.5%[16] - Total non-current assets were reported at RMB 3,977,554,664.38, a decrease from RMB 4,021,527,429.40, reflecting a decline of approximately 1.1%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,978[11] - The largest shareholder, Zhejiang Huayi Intelligent Manufacturing Co., Ltd., holds 22.83% of the shares, totaling 84,799,659 shares[12] Cash Flow - Cash flow from operating activities for the year-to-date was ¥114,620,025.34, an increase of 183.13% compared to the same period last year[5] - Cash inflow from operating activities for the first three quarters of 2025 reached approximately ¥7.04 billion, an increase of 7.45% compared to ¥6.55 billion in the same period of 2024[23] - Net cash flow from operating activities was ¥114.62 million, significantly up from ¥40.48 million in the first three quarters of 2024, marking an increase of 183.5%[23] - Total cash inflow from investment activities was approximately ¥289.08 million, a substantial increase from ¥94.53 million in the previous year, reflecting a growth of 205.4%[24] - Cash inflow from financing activities totaled approximately ¥2.98 billion, up from ¥2.84 billion in the first three quarters of 2024, indicating an increase of 4.9%[24] Expenses - Research and development expenses for the first three quarters of 2025 were ¥132,537,008.43, compared to ¥125,344,028.93 in 2024, indicating an increase of 5.5%[19] - The company reported a total of RMB 36,927,271.40 in payable employee compensation, down from RMB 82,395,871.25, reflecting a decrease of approximately 55.2%[16] - The company paid approximately ¥183.69 million for the purchase of fixed assets and intangible assets, a decrease from ¥279.51 million in the first three quarters of 2024[24] Borrowings - Short-term borrowings decreased to RMB 1,146,102,533.33 from RMB 1,391,381,828.99, representing a decline of approximately 17.7%[16] - The company’s long-term borrowings rose to ¥863,531,580.56 in 2025 from ¥261,265,558.33 in 2024, showing a significant increase of 230.5%[17]

Financial Performance - The company's operating revenue for the third quarter was CNY 209.39 million, a decrease of 5.05% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 10.62 million, an increase of 1,006.75% year-on-year[5]. - The basic earnings per share were CNY 0.07, representing a 177.78% increase from the previous year[5]. - Total operating revenue for the current period reached ¥587,886,158.54, an increase of 6.0% compared to ¥552,316,623.93 in the previous period[17]. - Net profit for the current period was ¥231,841,359.12, significantly up from ¥25,794,290.31 in the previous period, marking an increase of 800.0%[18]. - The company reported a basic earnings per share of ¥1.36, compared to a loss of ¥0.01 in the previous period[19]. - The company’s total operating costs were ¥540,015,257.65, an increase of 2.8% from ¥526,072,013.41 in the previous period[17]. Cash Flow and Assets - The net cash flow from operating activities was CNY 15.42 million, a significant decrease of 86.84% compared to the previous year[5]. - The net cash flow from operating activities decreased to ¥15,416,130.38 from ¥117,160,043.84, a decline of 86.9%[21]. - Cash and cash equivalents decreased from CNY 120,787,872.23 to CNY 100,865,690.43, a drop of approximately 16.5%[14]. - Cash and cash equivalents at the end of the period were ¥100,829,216.95, down from ¥103,859,609.46 at the end of the previous period[22]. - The total assets at the end of the reporting period were CNY 1.25 billion, a decrease of 7.41% from the end of the previous year[5]. - The total assets decreased from CNY 1,349,852,618.31 at the beginning of the period to CNY 1,249,850,151.28 at the end of the period, reflecting a reduction of approximately 7.4%[15]. - Current assets decreased from CNY 811,478,632.76 to CNY 778,595,787.79, a decline of about 4.0%[15]. - Accounts receivable increased from CNY 326,981,977.87 to CNY 362,133,522.12, an increase of about 10.7%[14]. - Inventory decreased significantly from CNY 243,936,237.11 to CNY 198,468,302.20, a reduction of approximately 18.7%[14]. Liabilities and Equity - The equity attributable to shareholders decreased by 85.30% to CNY 40.01 million compared to the end of the previous year[5]. - The company’s total equity attributable to shareholders was ¥40,011,409.71, compared to ¥272,183,800.30 in the previous period[16]. - Current liabilities increased from CNY 456,191,649.24 to CNY 702,743,897.67, an increase of about 54.0%[15]. - Long-term borrowings rose from CNY 85,075,618.82 to CNY 127,673,762.54, an increase of approximately 50.2%[15]. - The company reported a significant increase in other payables from CNY 12,729,315.72 to CNY 277,586,980.92, reflecting a rise of approximately 1,850.5%[15]. Shareholder Information - The company had a total of 7,708 ordinary shareholders at the end of the reporting period[11]. - The largest shareholder, Shanghai Zizhu High-tech Zone (Group) Co., Ltd., held a 29.41% stake in the company[11]. Business Developments - The company completed a major asset acquisition at the end of September, purchasing 51% equity in Shanghai Zijiang New Materials Technology Co., Ltd., becoming its controlling shareholder[14]. - The increase in net profit was primarily due to the exclusion of losses from the automated instrument business following a major asset sale in the previous year[9]. - The company reported a significant increase in non-recurring gains and losses, totaling CNY 6.30 million for the current period[7]. Other Information - The third quarter financial report of the company has not been audited[23]. - The new accounting standards will be implemented starting from 2025[24].

Financial Performance - The company's operating revenue for Q3 2025 was CNY 81,948,751.19, representing a year-on-year increase of 41.56% compared to CNY 57,890,445.00 in the same period last year[5] - The net profit attributable to shareholders of the listed company for Q3 2025 was CNY -760,383.30, a decrease of 87.26% from CNY -5,967,087.00 in the previous year[5] - The net profit after deducting non-recurring gains and losses was CNY -853,665.30, reflecting an 85.98% decrease compared to CNY -6,087,467.00 in the same period last year[5] - The basic earnings per share for Q3 2025 was CNY -0.0103, an improvement of 87.38% from CNY -0.0816 in the previous year[5] - The weighted average return on equity for Q3 2025 was -0.11%, compared to -0.80% in the previous year[5] - The company reported a net loss of ¥819,452.44 for the total profit, compared to a profit of ¥7,026,469.87 in the previous period[21] - The total revenue attributable to the parent company's owners was 4,163,994.83 yuan, compared to 10,098,365.74 yuan in the previous period, indicating a significant decline[22] - Basic and diluted earnings per share were both 0.0566 yuan, down from 0.1381 yuan in the previous period[22] Assets and Liabilities - Total assets as of September 30, 2025, were CNY 838,812,257.23, down 9.79% from CNY 929,851,606.46 at the end of the previous year[5] - Current liabilities decreased significantly to ¥100,930,948.01 from ¥180,060,844.51, a reduction of 44.0%[17] - Non-current assets increased to ¥438,579,811.09 from ¥374,393,663.25, reflecting a growth of 17.2%[17] - Total assets decreased to ¥838,812,257.23 from ¥929,851,606.46, a decline of 9.8%[18] Cash Flow - The company's cash and cash equivalents decreased by 42.23% to CNY 208,864,590.72 from CNY 361,556,778.44 due to payments related to the construction of the subsidiary's production base[9] - Cash inflow from operating activities totaled 297,447,363.39 yuan, an increase from 270,186,036.96 yuan year-over-year[22] - Net cash flow from operating activities was 14,015,387.88 yuan, slightly down from 14,693,919.65 yuan in the previous period[22] - Cash outflow from investing activities was 153,070,569.98 yuan, compared to 75,533,994.03 yuan in the previous period, resulting in a net cash flow from investing activities of -153,038,869.98 yuan[23] - Cash inflow from financing activities was 920,000.00 yuan, while cash outflow totaled 14,588,705.62 yuan, leading to a net cash flow from financing activities of -13,668,705.62 yuan[23] - The ending balance of cash and cash equivalents was 208,864,590.72 yuan, down from 428,976,146.88 yuan in the previous period[23] Operational Metrics - Accounts receivable increased by 59.25% to CNY 6,976,705.33, attributed to normal business operations[9] - Other current assets rose by 66.83% to CNY 34,893,942.23, mainly due to changes in deductible input tax of the subsidiary[9] - Accounts payable decreased by 47.92% to ¥85,486,368.64 due to changes in project construction progress[10] - Contract liabilities increased by 120.39% to ¥1,563,064.50, influenced by changes in advance payments[10] - Financial expenses decreased by 62.10% to -¥2,437,717.48, primarily due to changes in bank deposits[10] - The company reported a 95.51% decrease in other operating income to ¥17,227.72, mainly due to a reduction in government subsidies unrelated to daily operations[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,127[12] - The largest shareholder, Song Laoliang, holds 47.19% of the shares, totaling 34,725,852 shares[12] Other Information - The company experienced a significant asset impairment loss of 24,905.45% due to changes in inventory product structure[10] - Deferred income tax liabilities decreased by 34.13% to ¥2,129,148.81, influenced by changes in the remaining term of lease contracts[10] - Research and development expenses were ¥8,680,236.72, slightly up from ¥8,665,557.40, indicating a marginal increase of 0.2%[20] - The third quarter financial report was not audited[24]

证券代码：002549 证券简称：凯美特气 公告编号：2025-062 湖南凯美特气体股份有限公司 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。 湖南凯美特气体股份有限公司 2025 年第三季度报告 湖南凯美特气体股份有限公司 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） | 174,864,574.87 | 18.25% | 485,226,153.50 | 13.19% | | 归属于上市公司股东的 净利润（元） | 19,552,036.53 | -13.72% | 75,398,092.3 ...

Financial Performance - Q3 2025 revenue was CNY 348,249,636.51, a decrease of 2.12% year-over-year, while year-to-date revenue reached CNY 1,080,686,112.23, down 3.95% compared to the previous year[3] - Net profit attributable to shareholders for Q3 2025 was CNY 30,714,543.73, a decline of 26.08%, with year-to-date net profit at CNY 120,941,686.73, an increase of 1.65%[3] - Basic and diluted earnings per share for Q3 2025 were CNY 0.1606, down 25.96% year-over-year, while year-to-date earnings per share were CNY 0.64, up 1.59%[3] - Total operating revenue for the current period was ¥1,080,686,112.23, a decrease of 3.9% from ¥1,125,115,398.63 in the previous period[21] - Net profit for the current period was ¥123,112,463.41, an increase of 6.3% compared to ¥115,656,533.48 in the previous period[22] - Earnings per share (EPS) for the current period was ¥0.64, up from ¥0.63 in the previous period[23] Cash Flow - The company reported a net cash flow from operating activities of CNY 188,023,749.26 for the year-to-date, representing a significant increase of 48.43%[10] - Cash inflow from operating activities totaled ¥1,300,473,614.31, an increase from ¥1,200,615,262.71 in the previous period[24] - Cash outflow from operating activities totaled $1,112,449,865.05, compared to $1,073,938,500.05 in the previous period, reflecting an increase of approximately 3.5%[25] - Net cash generated from operating activities was $188,023,749.26, up from $126,676,762.66, representing a growth of about 48.4%[25] - The ending balance of cash and cash equivalents was $402,570,486.96, compared to $319,783,092.31 in the previous period, representing an increase of approximately 25.8%[25] Assets and Liabilities - Total assets as of September 30, 2025, were CNY 2,597,696,324.22, a slight increase of 0.45% from the end of the previous year[3] - The company's equity attributable to shareholders increased by 3.51% year-over-year, reaching CNY 1,798,951,171.77[3] - The total liabilities decreased to ¥652,242,719.71 from ¥673,376,707.67, a reduction of 3.7%[20] - The company reported a total current liabilities of CNY 373.68 million in accounts payable, up from CNY 347.53 million, indicating an increase of approximately 7.5%[18] Research and Development - R&D expenses for the first nine months of 2025 totaled CNY 71,036,638.08, an increase of 32.02% compared to the same period in 2024, reflecting increased investment in R&D projects[9] - Research and development expenses rose to ¥71,036,638.08, compared to ¥53,806,835.68 in the previous period, indicating a significant increase of 32.0%[22] Investments - Investment income for the first nine months of 2025 was CNY 27,629,384.28, a substantial increase of 206.13% year-over-year, attributed to the sale of a stake in Nanjing Mainowei Pharmaceutical Technology Co., Ltd.[9] - Cash inflow from investment activities amounted to $623,326,166.66, significantly higher than $281,061,137.75 in the prior period, indicating a rise of approximately 122.1%[25] - The company reported a cash inflow of $598,377,416.01 from investment recoveries, up from $275,000,118.72, indicating a growth of about 117.9%[25] Stock and Equity - The company completed the repurchase and cancellation of 1,078,318 restricted stocks, accounting for 0.56% of the total share capital before the repurchase, reducing the total share capital from 191,260,500 shares to 190,182,182 shares[14] - Total equity increased to ¥1,945,453,604.51 from ¥1,912,598,606.44, reflecting a growth of 1.7%[20] Other Financial Metrics - The company experienced a significant increase in prepayments, which rose by 170.74% to CNY 28,969,999.70, primarily due to increased advance payments for raw materials[7] - Deferred income increased by 153.78% to CNY 46,385,487.14, mainly due to government subsidies meeting recognition conditions[8] - The company’s long-term equity investments slightly decreased from CNY 174.68 million to CNY 173.65 million[18] - The company’s total non-current assets increased from CNY 1.40 billion to CNY 1.41 billion, showing a growth of about 0.8%[18] - The company’s deferred income tax assets increased from CNY 14.51 million to CNY 15.43 million, reflecting a growth of approximately 6.4%[18] Dividend and Interest - The company paid $125,760,565.92 in dividends and interest, an increase from $96,370,631.83, reflecting a rise of approximately 30.5%[25] Audit Status - The financial report for the third quarter was not audited, as stated by the board of directors[27]

晋能控股山西电力股份有限公司 2025 年第三季度报告 证券代码：000767 证券简称：晋控电力 公告编号：2025 临-048 晋能控股山西电力股份有限公司 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 1 晋能控股山西电力股份有限公司 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） | 3,776,183,319.0 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥380,637,842.08, a decrease of 0.53% compared to the same period last year[5]. - Net profit attributable to shareholders increased by 30.05% year-on-year to ¥27,879,342.87, while the net profit excluding non-recurring gains and losses rose by 5.07% to ¥23,381,341.91[5]. - The basic and diluted earnings per share both increased by 25% to ¥0.05[5]. - Total operating revenue for the current period reached ¥1,115,101,110.73, an increase of 2.9% compared to ¥1,083,700,090.31 in the previous period[18]. - Net profit for the current period was ¥58,343,354.70, representing a 36.4% increase from ¥42,810,240.65 in the previous period[19]. - Earnings per share (EPS) for the current period was ¥0.11, up from ¥0.08 in the previous period[20]. - The total comprehensive income for the current period was ¥59,029,013.94, compared to ¥42,810,240.65 in the previous period[20]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,535,587,773.08, reflecting a 7% increase from the end of the previous year[5]. - Total current assets amount to 1,240,511,438.12 CNY, an increase from 1,154,734,918.02 CNY at the beginning of the period[14]. - Total assets amount to 2,535,587,773.08 CNY, compared to 2,369,628,065.93 CNY at the beginning of the period[15]. - Total current liabilities amount to 949,304,435.46 CNY, an increase from 914,553,238.65 CNY at the beginning of the period[15]. - Total non-current liabilities include long-term borrowings of 99,275,800.00 CNY, up from 49,600,000.00 CNY at the beginning of the period[15]. - The company has a total of 1,295,076,334.96 CNY in non-current assets, an increase from 1,214,893,147.91 CNY at the beginning of the period[15]. - The total liabilities amounted to ¥1,102,519,740.91, an increase from ¥993,997,092.86 in the previous period[16]. - The total equity attributable to shareholders of the parent company increased to ¥1,432,472,539.73, compared to ¥1,373,331,326.99 in the previous period[16]. Cash Flow - The company's cash flow from operating activities showed a decline of 24.77% year-to-date, totaling ¥46,010,536.78[5]. - Cash flow from operating activities increased to ¥594,430,476.99, compared to ¥498,246,868.53 in the previous period, reflecting a growth of 19.3%[21]. - The net cash flow from operating activities was $46,010,536.78, a decrease from $61,156,572.15[22]. - The net cash flow from investing activities was -$147,215,417.83, compared to -$58,394,640.73 in the previous period[22]. - Cash inflow from financing activities totaled $277,175,800.00, slightly up from $275,000,000.00[22]. - The net cash flow from financing activities improved to $62,012,177.85 from a negative $107,033,739.41[22]. - The ending cash and cash equivalents balance was $164,280,551.21, significantly higher than $78,359,535.27 in the previous period[22]. - The company received $40,500,000.00 from investment recoveries during the period[22]. - Total cash outflow for investing activities was $187,900,353.53, compared to $134,727,838.80 previously[22]. - The company paid $202,500,000.00 for debt repayment, down from $374,940,000.00[22]. - The impact of exchange rate changes on cash and cash equivalents was $621,220.36[22]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 49,620[12]. - The largest shareholder, Dongli Holding Group, holds 26.03% of shares, totaling 138,500,000 shares, with 125,000,000 shares pledged[12]. - The second-largest shareholder, Song Jilong, holds 13.13% of shares, totaling 69,864,628 shares, with 33,000,000 shares pledged[12]. Other Financial Metrics - The gross profit margin improved, contributing to a year-on-year increase of 36.83% in net profit attributable to shareholders[9]. - Accounts receivable increased by 49.24% compared to the beginning of the year, indicating a higher collection ratio at year-end[10]. - The company reported a significant increase of 114.91% in prepayments, primarily due to increased procurement payments[10]. - Long-term borrowings increased by 100.15%, mainly due to new loans for equipment[10]. - Deferred income rose by 77.64%, attributed to an increase in government subsidies related to assets received during the period[10]. - Research and development expenses rose to ¥79,753,612.69, an increase of 30% from ¥61,354,876.87 in the previous period[18]. - Deferred income tax liabilities decreased to ¥2,243,064.31 from ¥3,718,127.80 in the previous period[16]. - The third quarter financial report was not audited[23].

Revenue and Profitability - Revenue for Q3 2025 reached ¥155,693,139.53, an increase of 7.24% year-over-year, while year-to-date revenue totaled ¥535,313,117.36, up 20.91% compared to the same period last year[5] - Net profit attributable to shareholders decreased by 54.22% in Q3 2025 to ¥3,048,936.76, and year-to-date net profit fell by 23.69% to ¥20,487,476.47[5] - Basic and diluted earnings per share for Q3 2025 were both ¥0.03, representing a decline of 57.14% compared to the same quarter last year[5] - Total operating revenue for the current period reached ¥535,313,117.36, an increase of 20.9% compared to ¥442,725,703.43 in the previous period[20] - Net profit for the current period was ¥20,487,476.47, a decrease of 23.6% from ¥26,847,187.51 in the previous period[21] - Operating profit decreased to ¥19,996,260.24, down 28.5% from ¥27,982,190.22 year-over-year[21] - Basic and diluted earnings per share were both ¥0.20, down from ¥0.27 in the previous period[21] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥1,310,469,196.37, reflecting a 4.40% increase from the end of the previous year[5] - Current assets totaled CNY 1,071,864,985.08, up from CNY 1,017,091,878.92, indicating an increase of about 5.4%[17] - Total liabilities reached CNY 356,315,451.51, compared to CNY 297,345,336.49 at the start of the period, marking an increase of around 19.8%[18] - The company's total equity stood at CNY 954,153,744.86, slightly down from CNY 957,858,268.39, indicating a decrease of about 0.3%[19] Cash Flow - Cash flow from operating activities showed a net outflow of -¥19,117,464.18, a decrease of 70.05% year-to-date[5] - Cash flow from operating activities improved by 70.05%, resulting in a net cash flow of -¥19,117,464.18, compared to -¥63,823,346.38 in the previous year[10] - Cash flow from financing activities generated a net increase of ¥92,035,287.19, a significant turnaround from -¥36,991,524.48 in the same period last year, mainly due to increased loans[10] - Cash flow from investing activities resulted in a net outflow of ¥71,939,766.06, worsening from -¥36,893,396.47 in the prior period[22] Borrowings and Expenses - The company reported a significant increase in short-term borrowings, which rose by 2128.38% to ¥119,235,804.70, primarily due to increased loans[8] - The company experienced a 385.14% increase in interest expenses, totaling ¥913,102.95, attributed to higher loan interest rates[9] - Payments for fixed assets and intangible assets rose by 70.33% to ¥11,844,102.40, compared to ¥6,953,669.44 in the same period last year, indicating increased capital expenditure[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,915, with no preferred shareholders having restored voting rights[13] - The largest shareholder, Huang Xiaohu, holds 20.80% of the shares, amounting to 20,964,397 shares[13] Inventory and Receivables - The company recorded a 66.21% increase in asset impairment losses, amounting to -¥7,066,899.82, due to increased inventory write-downs[9] - Accounts receivable decreased to CNY 210,863,839.25 from CNY 252,018,714.48, a decline of about 16.3%[17] - Inventory rose to CNY 171,857,890.64 from CNY 151,003,708.52, showing an increase of approximately 13.7%[17] Cash and Cash Equivalents - The company’s cash and cash equivalents at the end of the period were ¥53,139,831.81, a decrease of 89.95% from ¥528,957,187.36 in the previous year, primarily due to significant investments made in 2024[10] - Cash and cash equivalents increased to CNY 626,818,821.02 from CNY 555,083,954.93, representing a growth of approximately 12.9%[17] Tax and Other Income - The company experienced a 39.84% decrease in cash received from tax refunds, totaling ¥2,488,672.31, down from ¥4,136,773.28, mainly due to reduced export tax rebates[10] Audit Status - The company has not undergone an audit for the third quarter financial report[24]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥105,994,625.23, representing a 52.73% increase year-over-year[4] - The net profit attributable to shareholders was -¥1,310,112.72, a decline of 81.27% compared to the same period last year[4] - The basic earnings per share for the year-to-date period was -¥0.0212, reflecting a decrease of 79.40% compared to the previous year[4] - Total operating revenue for the current period reached ¥269,011,078.70, a significant increase of 48.7% compared to ¥180,753,079.09 in the previous period[18] - Net profit for the current period was a loss of ¥7,528,222.61, compared to a loss of ¥41,218,563.64 in the previous period, indicating an improvement[18] - The company reported a basic earnings per share of -0.0212, an improvement from -0.1029 in the previous period[18] - Total comprehensive income for the current period was -¥3,156,841.64, compared to -¥41,218,563.64 in the previous period, showing a significant reduction in losses[18] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥82,677,280.50, showing a significant increase of 284.67%[4] - Cash flow from operating activities generated a net cash inflow of ¥82,677,280.50, a turnaround from a net outflow of ¥44,770,764.02 in the previous period[19] - Cash flow from investment activities resulted in a net outflow of ¥256,749,803.82, worsening from a net outflow of ¥31,149,109.66 in the previous period[19] - Cash and cash equivalents at the end of the period decreased to ¥466,170,603.23 from ¥706,343,430.94 at the beginning of the period[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,874,951,087.73, reflecting a 23.37% increase from the previous year[4] - The company's total assets are 1,874,951,087.73 CNY, with total liabilities of 561,460,421.71 CNY[16] - Total current assets amount to 742,516,458.28 CNY, while total current liabilities are 421,963,450.75 CNY[16] - The total equity attributable to the parent company is 1,253,498,718.42 CNY[16] - The cash and cash equivalents at the end of the period are 468,444,403.23 CNY[16] - The company has a short-term loan of 8,002,625.00 CNY[16] - The total non-current assets are 1,132,434,629.45 CNY[16] - The company reported a total of 59,991,947.60 CNY in minority interests[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 33,043[13] - The largest shareholder, Li Huoming, holds 22.44% of shares, totaling 90,309,527 shares[13] - The second-largest shareholder, Chen Qiong, holds 16.64% of shares, totaling 66,978,330 shares[13] Operational Highlights - The company's accounts receivable surged by 859.91% to ¥64,862,422.69, primarily due to the consolidation of acquisition projects[9] - The company reported a 146.97% increase in contract liabilities to ¥170,844,084.04, driven by the consolidation of acquisition projects and new student enrollments[9] - Research and development expenses decreased by 31.55% to ¥25,170,563.40, as the company focused on controlling R&D costs and optimizing personnel structure[12] - The company's goodwill increased significantly due to the acquisition of Youyou Huilian and Furun Holdings, contributing to the overall asset growth[9] Government Support - The company received government subsidies totaling ¥256,357.11 during the reporting period, which are closely related to its normal business operations[6] Audit Status - The company’s financial report for the third quarter was not audited[20]

Financial Performance - Operating revenue for the third quarter was CNY 715,114,009.02, an increase of 1.26% compared to the same period last year[4] - Total profit for the quarter reached CNY 62,675,213.27, representing a year-on-year increase of 21.87%[4] - Net profit attributable to shareholders was CNY 36,857,368.02, up 11.55% from the previous year[4] - The basic earnings per share for the quarter was CNY 0.19, a decrease of 5.56% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2025 reached ¥2,196,968,946.32, a slight increase from ¥2,189,097,845.56 in the same period of 2024, reflecting a growth of approximately 0.36%[16] - The company reported a net profit of ¥254,232,381.06 for the first three quarters of 2025, compared to ¥241,401,857.49 in 2024, representing an increase of about 5.31%[16] - The net profit for the first three quarters of 2025 was CNY 216,552,183.88, a slight increase from CNY 213,588,006.36 in the same period of 2024, representing a growth of approximately 1.4%[18] - Operating profit for the first three quarters of 2025 reached CNY 264,839,470.56, compared to CNY 250,183,931.17 in 2024, indicating an increase of about 5.9%[18] - Total revenue from sales of goods and services for the first three quarters of 2025 was CNY 2,213,420,385.04, up from CNY 2,073,150,781.51 in 2024, reflecting a growth of approximately 6.8%[19] Assets and Liabilities - Total assets as of September 30, 2025, amounted to CNY 4,485,835,458.82, reflecting a 3.16% increase from the end of the previous year[5] - Total current assets decreased to ¥1,938,171,862.99 in 2025 from ¥1,967,950,242.59 in 2024, indicating a decline of about 1.52%[13] - Total non-current assets increased to ¥2,547,663,595.83 in 2025 from ¥2,380,307,029.96 in 2024, showing an increase of approximately 7.04%[13] - Total liabilities decreased to ¥1,668,655,313.93 in 2025 from ¥1,754,677,424.67 in 2024, indicating a reduction of about 4.90%[14] - The equity attributable to shareholders increased to ¥2,519,612,743.92 in 2025 from ¥2,327,380,949.06 in 2024, reflecting a growth of approximately 8.25%[15] Cash Flow - The company reported a cash flow from operating activities of CNY 157,492,947.92 for the year-to-date, an increase of 5.83%[5] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 157,492,947.92, compared to CNY 148,821,080.99 in 2024, showing an increase of about 5.5%[20] - The company incurred a net cash outflow from investing activities of CNY -281,079,498.87 in the first three quarters of 2025, compared to CNY -200,320,004.82 in 2024[20] - The net cash outflow from financing activities was CNY -27,789,837.54 in the first three quarters of 2025, an improvement from CNY -132,003,659.79 in 2024[20] - The company reported a foreign exchange impact on cash and cash equivalents of CNY 2,404,026.56 for the first three quarters of 2025[20] Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,355[10] - The diluted earnings per share decreased by 35.71% compared to the same period last year due to increased dilution from convertible bonds[8] - Basic earnings per share for the first three quarters of 2025 were CNY 0.97, compared to CNY 0.98 in the same period of 2024[18] Expenses - Total operating costs decreased to ¥1,942,736,565.26 in 2025 from ¥1,947,695,988.57 in 2024, indicating a reduction of about 0.25%[16] - Research and development expenses for the first three quarters of 2025 were ¥73,062,099.66, slightly lower than ¥75,316,821.10 in 2024, showing a decrease of approximately 3.01%[16] Cash and Cash Equivalents - The company's cash and cash equivalents amounted to ¥608,488,823.40 as of September 30, 2025, compared to ¥756,469,583.78 on December 31, 2024, representing a decline of about 19.6%[12] - The cash and cash equivalents at the end of the period were CNY 590,908,512.40, an increase from CNY 553,018,531.09 at the end of the same period in 2024[21] Non-Recurring Items - Non-recurring gains and losses for the quarter totaled CNY -188,101.81, with government subsidies contributing CNY 2,000,946.99[7]