Financial Performance - The company's operating revenue for Q3 2025 reached ¥247,898,530.24, representing a year-on-year increase of 19.09% and a cumulative increase of 28.43% for the year-to-date period[5]. - Net profit attributable to shareholders for Q3 2025 was ¥10,483,400.15, up 14.46% year-on-year, with a cumulative increase of 54.65% year-to-date[5]. - Total revenue for the period reached ¥704,026,194.29, an increase of 28.4% compared to ¥548,165,493.42 in the previous period[26]. - Net profit for the period was ¥38,056,255.11, representing a growth of 59.7% from ¥23,832,694.36 in the previous period[27]. - The net profit attributable to the parent company shareholders was ¥37,499,466.17, an increase from ¥24,248,264.53 in the previous period, representing a growth of approximately 54.4%[28]. - The total comprehensive income attributable to the parent company owners was ¥37,543,035.27, compared to ¥24,315,252.58 in the previous period, indicating an increase of about 54.4%[28]. - The basic and diluted earnings per share were both ¥0.17, up from ¥0.11 in the previous period, reflecting a growth of 54.5%[28]. Cash Flow - The net cash flow from operating activities for the year-to-date period increased significantly by 158.90%, totaling ¥54,858,883.46[5]. - Cash inflows from operating activities totaled ¥679,823,556.17, compared to ¥494,735,745.62 in the previous period, marking an increase of approximately 37.4%[29]. - The net cash flow from operating activities was ¥54,858,883.46, significantly higher than ¥21,189,062.95 in the previous period, representing an increase of about 158.5%[30]. - Cash inflows from financing activities amounted to ¥807,041,434.57, compared to ¥397,811,275.41 in the previous period, indicating a growth of approximately 102.5%[31]. - The net cash flow from financing activities was ¥514,294,230.55, a substantial increase from ¥7,704,364.08 in the previous period, reflecting a growth of about 6,588.5%[31]. - The cash and cash equivalents at the end of the period were ¥184,494,506.13, up from ¥36,347,184.93 in the previous period, representing an increase of approximately 408.5%[31]. - The company received tax refunds of ¥13,626,221.58, compared to ¥4,359,691.68 in the previous period, indicating an increase of about 212.5%[30]. - The company reported a total cash outflow from investing activities of ¥428,995,947.01, compared to ¥73,465,549.28 in the previous period, reflecting a significant increase of approximately 484.5%[30]. Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥1,776,701,479.40, reflecting a 49.17% increase compared to the end of the previous year[5]. - Current assets increased significantly to ¥1,204,431,350.62 from ¥657,529,104.65, reflecting a growth of 83.1%[23]. - Total liabilities decreased slightly to ¥615,270,995.86 from ¥623,905,426.71, a reduction of 1.0%[24]. - Shareholders' equity increased significantly to ¥1,161,430,483.54 from ¥567,185,946.10, reflecting a growth of 104.5%[24]. Investments and Shareholder Information - The company's long-term equity investments increased by 241.17% year-to-date, amounting to ¥2,687,000.00[9]. - The company reported a significant increase in long-term equity investments to ¥3,801,090.09 from ¥1,114,138.87, a rise of 240.5%[23]. - The company's equity attributable to shareholders increased by 105.22% year-on-year, reaching ¥1,161,948,151.19[5]. - The company issued 45,300,462 A-shares at a price of RMB 12.98 per share, raising a total of RMB 587,999,996.76, with a net amount of RMB 583,197,826.52[20]. - As of the end of the reporting period, the total number of common stock shareholders was 24,455[18]. - The top two shareholders, Hu Zhijun and Huang Xiuzhu, hold 24.89% and 24.61% of shares, respectively, indicating significant ownership concentration[18]. - The company has not disclosed any changes in the top 10 shareholders or their participation in margin trading[19]. - The company has a total of 1.40% of shares held by Hunan Qingsalt Investment Management Co., Ltd., indicating some institutional investment[18]. Fund Utilization and Agreements - The company signed a tripartite supervision agreement regarding the raised funds with the bank and the sponsor, Guotou Securities[20]. - The company plans to use the raised funds to replace pre-invested project funds and cover issuance costs, as approved in the recent board meeting[21]. - The company has confirmed that all raised funds have been received and verified by the accounting firm Zhonghui[20]. - The company has not reported any changes in restricted shares or the status of preferred shareholders[19]. Operational Costs - The company's operating costs for the year-to-date period increased by 31.99%, totaling ¥57,000,000.00, mainly due to increased sales[13].

证券代码：300624 证券简称：万兴科技 公告编号：2025-073 万兴科技集团股份有限公司 2025 年第三季度报告 1 万兴科技集团股份有限公司 2025 年第三季度报告 万兴科技集团股份有限公司 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 2 万兴科技集团股份有限公司 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增减 | 年初至报告期末比 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | | 上年同期增减 | | | 营业收入（元） | 382 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥222,335,784.91, an increase of 2.84% compared to the same period last year[5]. - The net profit attributable to shareholders decreased by 13.17% year-on-year to ¥30,605,741.51, while the net profit after deducting non-recurring gains and losses fell by 7.71% to ¥27,656,100.62[5]. - In the first three quarters of 2025, the company achieved revenue of RMB 582.31 million, a year-on-year decrease of 16.06% due to external shocks from US tariffs and geopolitical conflicts, product upgrade cycles, and fluctuations in customer demand[19]. - The company reported a revenue of RMB 222.34 million in Q3, representing a quarter-on-quarter growth of 9.44%, with a net profit attributable to shareholders of RMB 30.61 million, up 44.14% from the previous quarter[19]. - Total operating revenue for the current period is ¥582,306,591.12, a decrease of 16.06% from ¥693,746,691.21 in the previous period[26]. - Net profit attributable to the parent company decreased to ¥746,753,088.64, down 4.95% from ¥785,699,341.52 in the previous period[25]. - The net profit for the current period is CNY 61,502,796.60, a decrease of 54.1% compared to CNY 133,943,830.43 in the previous period[27]. - Operating profit for the current period is CNY 64,524,464.84, down from CNY 143,376,516.49, reflecting a decline of 55.1%[27]. - The total comprehensive income attributable to the parent company's owners is CNY 61,625,731.16, down from CNY 133,943,830.43[27]. - Basic and diluted earnings per share for the current period are both CNY 0.1348, down from CNY 0.2919 in the previous period[27]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,042,099,072.28, representing a decrease of 2.66% from the end of the previous year[5]. - Total current assets decreased to ¥1,650,219,023.06, down 3.80% from ¥1,715,277,527.03 at the beginning of the period[24]. - Total non-current assets increased to ¥391,880,049.22, up 2.00% from ¥382,643,515.10 at the beginning of the period[24]. - Total liabilities decreased to ¥218,637,942.40, down 7.59% from ¥236,601,943.44 at the beginning of the period[24]. - Total equity attributable to shareholders decreased to ¥1,823,584,064.44, down 2.03% from ¥1,861,319,098.69 at the beginning of the period[25]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥147,537,435.99, down 37.87% compared to the same period last year[13]. - Cash flow from operating activities generated a net amount of CNY 147,537,435.99, a decrease of 37.8% from CNY 237,473,925.79 in the previous period[28]. - The net cash flow from financing activities decreased by 45.70% to -¥104,286,748.45, mainly due to an increase in cash dividends[13]. - The net cash flow from investment activities is -CNY 41,108,189.01, improving from -CNY 58,782,222.72 in the previous period[28]. - The net cash flow from financing activities is -CNY 104,286,748.45, compared to -CNY 71,575,851.61 in the previous period, indicating a larger outflow[29]. - The cash and cash equivalents at the end of the period amount to CNY 180,160,763.02, a decrease from CNY 202,344,406.92[29]. - Cash and cash equivalents increased slightly to ¥540,970,936.01, up 0.30% from ¥537,379,838.93 at the beginning of the period[23]. Research and Development - R&D expenses for the first three quarters amounted to RMB 98.79 million, an increase of 13.78% year-on-year, reflecting the company's commitment to technology transformation[21]. - Research and development expenses increased to ¥98,794,343.75, up 13.76% from ¥86,825,501.79 in the previous period[26]. - The company plans to launch several innovative products, including an E-Call emergency terminal and a new generation of video vehicle networking terminals with AI core algorithms[21]. Market and Product Development - The company is expanding its market presence in South America and has seen significant revenue growth in Brazil and Turkey, with new customer development in Algeria[19]. - The company’s two-wheeled vehicle products compliant with new national standards are set to be shipped in Q4, with expected growth driven by policy incentives starting December 1, 2025[20]. - Revenue from video vehicle networking products grew by 90.44% year-on-year, reaching RMB 36.66 million in the first three quarters[20]. - The comprehensive gross margin for the first three quarters reached 40.65%, supported by ongoing domestic substitution of core materials and improvements in production processes[20]. - The company is leveraging efficient logistics channels like the China-Europe Railway Express to deepen cooperation with countries along the Belt and Road Initiative[19]. - The company’s strategic focus on "new products, new technologies, new customers, and new application scenarios" is expected to stabilize and enhance operational performance[19]. Other Financial Metrics - The weighted average return on equity decreased by 3.98 percentage points to 1.66% for the year-to-date[5]. - The company experienced a 128.45% increase in credit impairment losses, reflecting improved collection of accounts receivable[12]. - The company recorded a 52.40% decrease in fair value gains, attributed to reduced floating gains from unfulfilled forward foreign exchange contracts[12]. - The total number of ordinary shareholders at the end of the reporting period was 36,412[15]. - The company has not undergone an audit for the third quarter financial report[30].

杨凌美畅新材料股份有限公司 2025 年第三季度报告 证券代码：300861 证券简称：美畅股份 公告编号：2025-068 杨凌美畅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 杨凌美畅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 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | 营业收入（元） | 511,461,017.02 | 25.49% | ...

Financial Performance - The company's revenue for Q3 2025 was ¥89,653,837.13, representing a decrease of 16.21% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of ¥11,880,527.36, a significant decline of 1,258.62% year-over-year[5] - The basic earnings per share for the period was -¥0.09, reflecting an 800.00% decrease compared to the previous year[5] - Total operating revenue for the current period was ¥271,553,589.37, a decrease of 16.6% from ¥325,753,716.96 in the previous period[22] - Net profit for the current period was a loss of ¥30,161,076.91, compared to a loss of ¥2,653,779.13 in the previous period[24] - Basic earnings per share for the current period was -¥0.24, compared to -¥0.02 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,689,365,161.72, down 3.92% from the end of the previous year[5] - The company's total current assets decreased from 677,012,163.72 CNY to 608,393,641.46 CNY, a reduction of approximately 10.14%[18] - The total assets decreased from 1,758,243,932.05 CNY to 1,689,365,161.72 CNY, a decline of about 3.92%[19] - The total liabilities decreased from 1,758,243,932.05 CNY to 1,689,365,161.72 CNY, indicating a reduction in financial obligations[19] - Total liabilities decreased to ¥167,006,178.19 from ¥205,723,871.61, reflecting a reduction of approximately 18.9%[20] - Total equity attributable to shareholders decreased to ¥1,522,358,983.53 from ¥1,552,520,060.44, a decline of about 1.9%[20] Cash Flow - The company reported a cash flow deficit from operating activities of ¥22,789,583.38, a decline of 120.88% year-to-date[5] - Cash flow from operating activities showed a net outflow of ¥22,789,583.38, a significant decline from a net inflow of ¥109,128,879.30 in the previous period[26] - Cash inflow from investment activities increased to ¥728,911,595.04, up from ¥463,146,798.09 in the previous period[26] - Cash flow from financing activities showed a net outflow of $1,224,188.16, compared to a larger outflow of $31,544,611.85 in the previous period, indicating a reduction in financing costs[27] - The net increase in cash and cash equivalents was $172,158.76, contrasting sharply with a substantial increase of $63,558,641.67 in the prior period[27] - The ending balance of cash and cash equivalents stood at $61,953,892.01, down from $194,291,924.17 in the previous period, reflecting a decrease of approximately 68.1%[27] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 18,134[12] - The largest shareholder, Yang Xining, holds 27.23% of shares, totaling 34,455,650 shares[12] Operational Metrics - The company experienced a 35.32% decrease in accounts receivable financing, primarily due to a reduction in outstanding receivables[9] - The company's other income decreased by 58.18% to ¥4,559,553.75, primarily due to a reduction in government subsidies received[9] - The company reported a significant increase in contract liabilities by 226.70% to ¥2,968,011.02, mainly due to an increase in advance payments received[9] - The company's fixed assets increased by 64.20% to ¥816,687,624.08, attributed to the transfer of construction projects to fixed assets[9] - The inventory increased from 178,882,618.60 CNY to 190,791,788.13 CNY, an increase of approximately 6.14%[18] - The total non-current assets remained relatively stable, decreasing slightly from 1,081,231,768.33 CNY to 1,080,971,520.26 CNY[19] Research and Development - Research and development expenses increased to ¥31,165,593.91, up from ¥28,913,083.62, indicating a focus on innovation[23] Tax and Audit Information - The company reported a significant increase in deferred income tax liabilities, which rose to ¥3,422,861.69 from ¥4,210,778.32, indicating potential future tax obligations[20] - The company did not undergo an audit for the third quarter financial report, which may impact investor confidence[28]

爱美客技术发展股份有限公司 2025 年第三季度报告 证券代码：300896 证券简称：爱美客 公告编号：2025-043 爱美客技术发展股份有限公司 2025 年第三季度报告 爱美客技术发展股份有限公司 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 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） | 565,783,495.32 | - ...

中国航发动力控制股份有限公司 2025 年第三季度报告 证券代码：000738 证券简称：航发控制 公告编号：2025-038 中国航发动力控制股份有限公司 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： □是 否 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 | | --- | --- | --- | --- | --- | | | | 增减 | | 比上年同期增减 | | 营业收入（元） | 1,232,183,129.83 | -12.25% | 3,967,717,211.15 | -5.75% | | 归属于上市公司股东的净利润 | 92,431,881.22 | -41.93% | 400,937,194.97 | -36.25% | | （元） | | | | | | 归属于上市公司股东的扣除非 | 88,892,830.63 | -42.21% | 393,782,55 ...

红相股份有限公司 2025 年第三季度报告 证券代码：300427 证券简称：红相股份 公告编号：2025-045 红相股份有限公司 2025 年第三季度报告 1 红相股份有限公司 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 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 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） | 191,462,433.00 | 78.65% | 487,702,4 ...

江西江钨稀贵装备股份有限公司 2025 年第三季度报告 证券代码：600397 证券简称：江钨装备 公告编号：2025-82 江西江钨稀贵装备股份有限公司 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、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。 | | | 本报告期 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 比上年同 | 年初至报告期末 | 末比上年同期 | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 520,717,736.15 | -59.14 | 2,451,881,228.39 | -41.16 | | 利润总额 | -31,087,845.00 | 53.27 | -286,420,796.34 | -124.54 | | 归属 ...

Financial Performance - Revenue for Q3 2025 reached ¥92,775,390.81, an increase of 74.57% compared to the same period last year, and a year-to-date revenue of ¥242,146,174.03, up 39.72%[5] - Net profit attributable to shareholders for Q3 2025 was ¥3,141,750.27, representing a 167.67% increase year-on-year, with a year-to-date net profit of ¥15,971,799.62, up 141.06%[5] - Basic earnings per share for Q3 2025 was ¥0.05, a 171.43% increase compared to the same period last year, with a year-to-date figure of ¥0.23, up 140.35%[5] - Total operating revenue for the current period reached ¥242,146,174.03, a significant increase of 39.8% compared to ¥173,313,145.49 in the previous period[19] - The net profit for the current period was ¥15,883,442.74, a recovery from a net loss of ¥38,878,905.66 in the previous period[20] - The profit attributable to the parent company's shareholders was ¥15,971,799.62, compared to a loss of ¥38,900,203.30 in the prior period[20] Assets and Liabilities - Total assets at the end of Q3 2025 were ¥1,431,452,972.59, a decrease of 4.93% from the end of the previous year[5] - The total assets decreased to ¥1,431,452,972.59 from ¥1,505,609,324.27, reflecting a decline of 4.9%[17] - Total liabilities decreased to ¥642,900,027.59 from ¥732,939,808.21, a reduction of 12.3%[17] - The total equity attributable to the parent company increased to ¥789,059,004.17 from ¥773,087,218.35, an increase of 2.9%[17] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥2,686,742.62, an increase of 101.89%[5] - Operating cash flow for the current period is ¥2,686,742.62, a significant improvement from the previous period's negative cash flow of -¥142,517,432.38[21] - Total cash inflow from operating activities reached ¥253,611,313.10, compared to ¥170,282,413.93 in the previous period, indicating a growth of approximately 48.8%[21] - Cash outflow from operating activities decreased to ¥250,924,570.48 from ¥312,799,846.31, reflecting a reduction of about 19.8%[21] - The ending cash and cash equivalents balance decreased to ¥32,421,867.24 from ¥140,036,816.40, a decline of about 76.8%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,611, with no preferred shareholders having restored voting rights[11] - The largest shareholder, Ge Jing, holds 23.99% of the shares, amounting to 16,448,597 shares[11] - The total number of shares held by the top ten shareholders accounts for a significant portion of the company's equity, with Ge Jing, Ge Linxi, and Zhang Rumin being the main stakeholders[12] - The company has a total of 27,675,985 shares under lock-up agreements, with specific release dates set for 2027[12] - The company has no preferred shareholders and no changes in the number of preferred shareholders were reported[12] Research and Development - Research and development expenses for Q3 2025 were ¥10,509,273.94, a decrease of 33.53% compared to the previous year, due to the cycle of certain R&D projects[8] - Research and development expenses were ¥10,509,273.94, down 33.8% from ¥15,809,653.26 in the previous period[19] Other Financial Metrics - The company reported a significant increase in contract liabilities, which rose by 103.75% to ¥34,638,882.10, attributed to an increase in orders[8] - The company recorded a substantial increase in cash received from sales, amounting to ¥233,425,229.95, a 144.43% increase year-on-year, reflecting improved collection of accounts receivable[8] - The company’s short-term borrowings decreased by 45.88% to ¥115,021,514.16, primarily due to the repayment of some short-term loans[8] - The company reported a credit impairment loss of ¥18,674,176.23, compared to a loss of ¥-9,094,276.60 in the previous period[19] - Investment activities generated a net cash flow of -¥77,193,737.66, an improvement from -¥128,772,393.08 in the previous period[21] - Cash received from investment recovery was ¥20,000,000.00, down from ¥40,000,000.00, indicating a 50% decrease[21] - The company reported cash payments for purchasing fixed assets of ¥69,197,665.44, compared to ¥108,939,956.25 in the previous period, a reduction of approximately 36.6%[21]