Financial Performance - The company's operating revenue for the third quarter was ¥409,003,903.58, a decrease of 12.74% year-on-year[3]. - The net profit attributable to shareholders was -¥43,477,556.87, representing a decline of 172.79% compared to the same period last year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥52,598,929.33, down 295.82% year-on-year[3]. - The basic earnings per share were -¥0.0532, a decrease of 180.00% year-on-year[3]. - Operating profit for the current period was -¥42,028,704.75, compared to -¥14,088,292.60 in the previous period, indicating a worsening performance[17]. - Net profit for the current period was -¥53,037,190.36, a significant decline from -¥13,005,064.08 in the previous period[18]. - The total comprehensive income for the current period was -¥53,492,447.60, compared to -¥13,355,727.09 in the previous period[18]. - Basic and diluted earnings per share were both -¥0.0596, worsening from -¥0.0175 and -¥0.0169 respectively in the previous period[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,636,651,177.06, an increase of 1.13% from the end of the previous year[4]. - The equity attributable to shareholders decreased by 5.29% to ¥885,043,710.68 compared to the end of the previous year[4]. - The total current assets decreased from CNY 1,926,628,733.72 to CNY 1,835,681,787.12, a decline of approximately 4.8%[13]. - Cash and cash equivalents dropped significantly from CNY 421,244,664.61 to CNY 229,060,390.06, representing a decrease of about 45.8%[13]. - Accounts receivable decreased from CNY 484,664,219.22 to CNY 405,102,992.11, a reduction of approximately 16.4%[13]. - Total liabilities increased from CNY 3,535,054,457.65 to CNY 3,636,886,926.31, an increase of about 2.9%[15]. - Long-term borrowings increased from CNY 898,134,912.50 to CNY 953,847,032.50, an increase of about 6.2%[15]. - The equity attributable to shareholders decreased from CNY 934,520,860.62 to CNY 885,043,710.68, a decline of approximately 5.3%[15]. - Inventory increased from CNY 303,056,290.46 to CNY 314,884,454.99, an increase of about 3.0%[13]. - The total non-current assets increased from CNY 2,658,013,705.88 to CNY 2,800,969,389.94, reflecting a growth of about 5.4%[14]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥26,230,097.11, a decrease of 121.85% year-on-year[7]. - Cash flow from operating activities showed a net outflow of -¥26,230,097.11, contrasting with a net inflow of ¥120,024,401.18 in the previous period[19]. - Cash flow from investing activities resulted in a net outflow of -¥149,951,842.01, compared to -¥136,847,705.72 in the previous period[20]. - Cash flow from financing activities generated a net inflow of ¥41,855,267.59, improving from a net outflow of -¥6,183,573.84 in the previous period[21]. - The cash and cash equivalents at the end of the period stood at ¥136,693,159.31, down from ¥197,285,314.66 at the end of the previous period[21]. Government Subsidies - The company received government subsidies amounting to ¥12,834,536.63 during the reporting period, contributing positively to non-recurring gains[5]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,519[9].

Financial Performance - In Q3 2025, the company's total revenue reached CNY 16.11 billion, a decrease of 1.81% year-on-year[5] - The net profit attributable to shareholders was CNY 1.64 billion, an increase of 8.45% compared to the same period last year[5] - For the first nine months of 2025, total revenue was CNY 44.52 billion, up 1.19% year-on-year[5] - The net profit attributable to shareholders for the first nine months was CNY 3.96 billion, reflecting a growth of 4.05% year-on-year[5] - Total operating revenue for the period reached ¥44.65 billion, an increase from ¥44.11 billion in the previous period, representing a growth of approximately 1.23%[33] - Operating income was ¥44.52 billion, up from ¥43.99 billion, indicating a year-over-year increase of about 1.27%[33] - The company reported a net profit of ¥519.06 million for the period, compared to ¥518.73 million in the previous period, showing a marginal increase[27] - The net profit for the current period is CNY 4,002,462,833.02, an increase from CNY 3,857,780,731.00 in the previous period, representing a growth of approximately 3.74%[34] - Operating profit for the current period is CNY 5,187,293,251.05, compared to CNY 5,122,597,420.49 in the previous period, showing an increase of about 1.27%[34] - The company reported a total profit of CNY 5,190,641,788.51, compared to CNY 5,123,404,566.00 in the previous period, indicating a growth of about 1.31%[34] Assets and Liabilities - The company's total assets increased by 9.01% to CNY 40.64 billion compared to the end of the previous year[5] - The total assets of the company as of September 30, 2025, were ¥40.64 billion, up from ¥37.29 billion at the beginning of the year, marking an increase of approximately 6.34%[30] - Current liabilities increased to ¥19.65 billion from ¥14.62 billion, representing a growth of about 34.5%[31] - The company's cash and cash equivalents rose to ¥6.06 billion from ¥5.75 billion, an increase of approximately 5.5%[29] - Cash and cash equivalents decreased significantly by 96.81% to 10,474 million, reflecting increased investment expenditures[15] Cash Flow - Cash flow from operating activities for the year-to-date decreased by 13.27% to CNY 5.99 billion[5] - Net cash flow from operating activities decreased by 13.27% to 599,547 million, primarily due to large deposits maturing during the reporting period[15] - The net cash flow from operating activities is CNY 5,995,465,900.37, a decrease from CNY 6,912,997,807.76 in the previous period[38] - Investment activities resulted in a net cash outflow of CNY 5,679,073,203.65, worsening from a net outflow of CNY 2,105,489,247.80 in the previous period[38] - Cash inflow from investment activities increased by 40.03% to 1,269,553 million, attributed to the recovery of investments in large deposits and time deposits[15] - Cash outflow from investment activities rose by 64.48% to 1,837,461 million, mainly due to increased investments in large deposits and time deposits[15] - Net cash flow from financing activities improved, with a net inflow of -21,523 million, up from -153,127 million in the previous year[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 165,713, with the largest shareholder holding 70.33%[17] - The top ten shareholders collectively hold 73.73% of the shares, with Rotex Group Limited being the largest shareholder[17] Operational Metrics - The total external sales volume of meat products was 923,200 tons, representing a year-on-year growth of 9.97%[10] - Total operating costs amounted to ¥39.43 billion, compared to ¥38.93 billion in the prior period, reflecting an increase of approximately 1.28%[33] - The gross profit margin for the current period was approximately 11.5%, slightly down from the previous period's margin[33] - The company’s long-term investments increased to ¥282.60 million from ¥264.51 million, reflecting a growth of approximately 6.83%[30] Financial Ratios - The weighted average return on equity rose by 0.25 percentage points to 7.82%[5] - Basic and diluted earnings per share for the current period are both CNY 1.1426, up from CNY 1.0981 in the previous period, reflecting an increase of approximately 4.02%[35] - The company’s tax expenses decreased to CNY 1,188,178,955.49 from CNY 1,265,623,835.00 in the previous period, a reduction of approximately 6.09%[34] Related Party Transactions - Related party transactions for purchases totaled 422,887.21 million, with significant procurement from Rotex Group Limited[20] - Other income increased by 15.79% to 11,555 million compared to the previous year[15] - Financial expenses decreased by 39.56% to 6,593 million due to a decline in financing interest rates compared to the same period last year[15] - The company received CNY 12,488,653,367.47 from investment recoveries, significantly higher than CNY 8,903,010,242.11 in the previous period, marking an increase of about 40.00%[38]

Financial Performance - Q3 2025 revenue was CNY 397,246,057.55, a decrease of 0.81% year-over-year, while year-to-date revenue increased by 18.87% to CNY 1,194,766,367.29[3] - The net profit attributable to shareholders for Q3 2025 was a loss of CNY 6,732,685.90, a 93.57% increase in loss compared to the same period last year, with a year-to-date profit of CNY 5,430,990.16, down 91.70% year-over-year[3] - Total operating revenue for the current period reached ¥1,194,766,367.29, an increase of 18.86% compared to ¥1,005,111,902.89 in the previous period[21] - Total operating costs amounted to ¥1,207,774,665.32, up from ¥1,164,273,683.45, reflecting a growth of 3.73%[21] - Net profit for the current period was ¥5,206,349.06, a significant decrease of 91.93% from ¥64,612,588.78 in the previous period[22] - The total comprehensive income for the current period was ¥5,419,198.66, down from ¥64,805,716.94, a decline of 91.66%[23] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 223,948,223.90, representing a significant increase of 328.79%[3] - The net cash flow from operating activities for the first nine months of 2025 reached ¥223,948,223.90, a significant increase of 328.79% compared to ¥52,228,518.39 in the same period of 2024, primarily due to the receipt of passive financial support funds[12] - The net cash flow from investing activities showed a decline of 121.57%, amounting to -¥30,048,307.13, compared to ¥139,311,867.35 in the previous year, mainly due to asset purchases and external investments[12] - The net cash flow from financing activities improved by 53.51%, totaling -¥120,390,660.46, compared to -¥258,985,580.89 in the same period last year, primarily due to a reduction in debt repayments[12] - The net increase in cash and cash equivalents was ¥70,497,038.30, a turnaround of 195.68% from -¥73,676,883.08 in the previous year, reflecting the combined effects of cash flows from operating, investing, and financing activities[12] Assets and Liabilities - Total assets as of September 30, 2025, were CNY 2,525,655,767.97, an increase of 4.36% from the end of the previous year[3] - The company’s total liabilities increased by 149.50% in contract liabilities to CNY 87,572,519.91, reflecting an increase in advance payments received[9] - The total liabilities increased to ¥2,028,123,898.08 from ¥1,928,288,812.05, marking a rise of 5.19%[21] - The total equity attributable to shareholders of the parent company was ¥497,892,052.87, slightly up from ¥492,269,498.07, reflecting an increase of 1.27%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,291, with 62,249 being A-share holders[13] - The top ten shareholders held significant stakes, with Hong Kong Central Clearing Limited owning 32.08% (255,950,980 shares) and Shouguang Molong Holdings Limited holding 29.53% (235,617,000 shares)[13] Management and Expenses - Management expenses decreased by 69.42% to CNY 28,998,668.25, due to cost control measures and reduced expenses following the transfer of subsidiary equity[10] - Research and development expenses rose to ¥26,412,555.10 from ¥21,513,788.05, an increase of 22.87%[22] Other Financial Activities - The company completed a debt transfer and restructuring agreement, transferring a debt of ¥169,119,800 to Shouguang Vegetable Wholesale Market Company, receiving ¥84,000,000 in cash and property valued at ¥85,119,800[15] - As of the report date, the balance of financial support from Shouguang Baolong was ¥292,000,000, while the financial support from Weihai Baolong had been fully repaid[16] Audit and Future Reporting - The company did not undergo an audit for the third quarter financial report, which may affect investor confidence[25] - The company plans to implement new accounting standards starting in 2025, which could impact future financial reporting[26]

Financial Performance - The company's operating revenue for Q3 2025 was ¥39,585,059.89, representing a year-on-year increase of 21.46%[5] - The net profit attributable to shareholders for the same period was -¥7,792,197.50, a decrease of 65.08% compared to the previous year[5] - The basic earnings per share for Q3 2025 was -¥0.03, reflecting a 66.67% increase in loss compared to the same period last year[5] - Total operating revenue decreased to ¥93,649,568.96 from ¥147,656,867.60, representing a decline of approximately 36.5% year-over-year[25] - Net loss for the period was ¥59,953,710.40, compared to a net loss of ¥63,060,557.53 in the previous period, showing an improvement of approximately 3.3%[26] - Basic and diluted earnings per share were both -0.24, compared to -0.26 in the previous period[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥774,612,239.87, down 3.06% from the end of the previous year[5] - Total assets decreased to ¥774,612,239.87 from ¥799,084,503.11, a decline of about 3.1%[23] - Total liabilities increased to ¥515,491,006.65 from ¥481,569,559.49, an increase of approximately 7.0%[23] - Current liabilities totaled ¥488,894,090.74, up from ¥448,146,300.22, reflecting an increase of about 9.9%[23] - Long-term borrowings decreased to ¥20,000,000.00 from ¥24,000,000.00, a decrease of 16.7%[23] Cash Flow - Cash flow from operating activities showed a net outflow of -¥101,619,104.00, an increase of 31.91% in outflow compared to the previous year[5] - Operating cash inflow for the current period was ¥146,832,561.58, a decrease of 38.8% from ¥240,109,715.90 in the previous period[28] - Operating cash outflow totaled ¥248,451,665.58, down 36.2% from ¥389,359,393.38 year-over-year[29] - Net cash flow from operating activities was -¥101,619,104.00, an improvement from -¥149,249,677.48 in the prior period[29] - Cash flow from investment activities resulted in a net outflow of -¥2,812,192.72, compared to -¥4,260,314.38 previously, indicating a 33.9% reduction in losses[29] - Cash inflow from financing activities was ¥237,148,429.54, down 14.5% from ¥277,247,112.76 year-over-year[29] - Net cash flow from financing activities was ¥41,923,172.47, slightly down from ¥43,041,243.69 in the previous period[29] - The ending cash and cash equivalents balance was ¥31,684,374.18, a decrease of 53.3% from ¥67,749,191.72 at the end of the previous period[29] Shareholder Information - Total number of common shareholders at the end of the reporting period is 36,431[12] - The largest shareholder, Hunan Data Industry Group Co., Ltd., holds 13.33% of shares, totaling 32,154,636 shares[12] - The second-largest shareholder, Fei Yaoping, holds 6.59% with 15,881,856 shares, of which 6,500,000 are pledged[12] - The company has a total of 44,460,795 shares under lock-up agreements for executives[17] - The company has not identified any related party relationships among its top shareholders[14] Operational Changes - The company's R&D expenses decreased by 34.26% to ¥23,614,826.63, primarily due to a reduction in R&D personnel[10] - The company reported a significant increase in other payables by 270.88% to ¥7,185,207.29, mainly due to an increase in other receivables[9] - The company experienced a 155.45% increase in credit impairment losses, amounting to -¥9,125,016.60, indicating a rise in bad debt losses[10] - The company reported a decrease in cash and cash equivalents from 100,672,908.46 yuan to 39,414,697.37 yuan[21] - Accounts receivable decreased from 180,011,636.55 yuan to 156,149,845.37 yuan[21] - Inventory increased significantly from 292,662,215.75 yuan to 360,027,600.20 yuan[21] - The company is currently cooperating with police investigations regarding a suspected contract fraud case[18] - The company has initiated the process to deregister its wholly-owned subsidiary, which is not expected to have a significant impact on its financial status[19] Audit Status - The third quarter financial report was not audited, indicating a potential area for further scrutiny[31]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥520,961,119.96, representing an increase of 18.78% year-over-year[5] - Net profit attributable to shareholders surged to ¥19,082,954.24, a remarkable increase of 1,102.73% compared to the same period last year[5] - The basic earnings per share (EPS) for the quarter was ¥0.0115, reflecting a significant growth of 1,061.11% year-over-year[5] - Total operating revenue for the current period reached ¥1,508,466,388.58, an increase from ¥1,200,332,105.98 in the previous period, representing a growth of approximately 25.6%[23] - The company's net profit for the current period is ¥47,905,334.19, compared to a net profit of ¥458,280.23 in the previous period, indicating a significant improvement[24] - Operating income increased to ¥71,352,190.88 from a loss of ¥153,019,828.45 in the previous period, reflecting a turnaround in operational performance[24] - Total revenue from sales of goods and services reached ¥2,543,743,568.68, up from ¥2,022,365,173.66 in the previous period, marking an increase of approximately 25.8%[25] - The company reported a total comprehensive income of ¥47,673,225.59, compared to a loss of ¥16,649,965.07 in the previous period, indicating a strong recovery[24] - Basic and diluted earnings per share for the current period are both ¥0.0258, compared to a loss of ¥0.0052 per share in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,975,543,106.65, marking an 11.88% increase from the end of the previous year[5] - The company's total assets increased to ¥1,975,543,106.65 from ¥1,765,841,982.69, reflecting a growth of approximately 11.9%[22] - Current assets totaled ¥1,153,767,815.64, compared to ¥966,562,259.09 at the beginning of the period, marking an increase of about 19.3%[21] - The total liabilities increased to ¥648,570,387.10 from ¥503,574,361.78, representing a growth of approximately 28.8%[22] - The company's total equity rose to ¥1,326,972,719.55 from ¥1,262,267,620.91, reflecting an increase of about 5.1%[22] Cash Flow - Cash flow from operating activities showed a substantial increase of 507.74%, totaling ¥78,497,589.38 year-to-date[10] - The net cash flow from operating activities improved to ¥78,497,589.38, compared to a negative cash flow of ¥19,251,940.08 in the previous period[25] - Cash and cash equivalents rose to ¥366,655,239.42 from ¥310,743,418.67, showing an increase of approximately 17.9%[20] - Cash and cash equivalents at the end of the period increased to ¥366,579,861.28 from ¥345,985,899.48, showing a net increase of ¥56,803,553.20[26] - The total cash inflow from investment activities was ¥548,281,837.27, significantly higher than the previous period's inflow of ¥51,097,309.52[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 203,903[12] - The largest shareholder, Weixin Co., Ltd., holds 2.93% of shares, totaling 48,523,319 shares[12] - The second-largest shareholder, Southern China Merchants Bank, holds 0.91% of shares, totaling 15,137,500 shares[12] - The company has a total of 72,476,955 shares held by the management, accounting for 4.38% of the total share capital[13] - The company has reserved 40,000,000 shares for secondary market disposal to supplement liquidity, with 13,016,600 shares remaining[13] Corporate Governance - The company completed the election of the seventh board of directors, with He Han elected as chairman and general manager[14] - The company revised its articles of association to enhance corporate governance[15] - The company approved the revision of the rules for shareholders' meetings and board meetings[16] - The company is focused on improving its governance structure through various rule revisions and board elections[17] - The company has no preferred shareholders or significant changes in major shareholders due to securities lending[14] Expenses and Investments - The company experienced a 37.27% increase in selling expenses, attributed to heightened sales efforts in the data traffic business[9] - Research and development expenses for the current period were ¥31,210,395.97, down from ¥38,829,070.13, indicating a decrease of approximately 19.6%[23] - Investment income rose by 102.17% compared to the previous period, influenced by adjustments based on litigation outcomes[9] - The net investment income was ¥3,644,846.35, a significant recovery from a loss of ¥167,592,253.74 in the previous period[23] Borrowings - Short-term borrowings increased by 708%, primarily due to loans taken for data traffic business[9] - Short-term borrowings surged to ¥74,507,500.00 from ¥9,221,227.60, indicating a significant increase of about 707.5%[21] Audit Status - The company has not undergone an audit for the third quarter financial report, which may impact investor confidence[27]

Financial Performance - The company's operating revenue for Q3 2025 was ¥457,640,715.22, a decrease of 3.50% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2025 was ¥35,346,054.04, down 21.14% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥34,982,152.98, reflecting a decline of 20.38% compared to the previous year[5]. - Total operating revenue for the current period is CNY 1,328,139,371.71, a decrease of 10.1% compared to CNY 1,477,902,217.38 in the previous period[23]. - The net profit for the current period is CNY 117,864,791.81, a decrease of 38.5% compared to CNY 191,911,815.43 in the previous period[24]. - The total profit for the current period is CNY 133,307,549.95, down from CNY 217,072,253.36, reflecting a decline of 38.5%[24]. - Operating profit decreased to CNY 133,950,621.06 from CNY 218,055,627.43, representing a drop of 38.5%[24]. - The total comprehensive income for the current period is CNY 112,024,628.72, a decrease from CNY 188,116,979.76 in the previous period[24]. - Basic and diluted earnings per share for the current period are both CNY 0.40, down from CNY 0.64 in the previous period[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,542,311,434.89, an increase of 0.23% from the end of the previous year[5]. - The company's total liabilities are CNY 938,735,090.35, a marginal increase from CNY 937,702,764.30[22]. - The equity attributable to shareholders increased to CNY 1,603,175,319.69 from CNY 1,598,341,050.76, a growth of 0.4%[22]. - The company's cash and cash equivalents decreased to CNY 665,481,402.63 from CNY 880,238,534.57, a decline of 24.4%[20]. - The cash and cash equivalents at the end of the period stand at CNY 632,970,715.75, down from CNY 682,368,715.55 at the end of the previous period[26]. - The company's total liabilities decreased by 88.68% in contract liabilities, amounting to ¥294,661.91 from ¥2,603,180.75[10]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥201,331,215.87, a decrease of 25.30% compared to the previous year[5]. - The net cash flow from operating activities decreased by 25.30% to ¥201.33 million compared to ¥269.54 million in the same period last year[12]. - Cash flow from operating activities generated a net amount of CNY 201,331,215.87, down 25.3% from CNY 269,535,662.70 in the previous period[25]. - Cash flow from investing activities resulted in a net outflow of CNY 233,119,951.49, compared to a smaller outflow of CNY 74,278,151.79 in the previous period[26]. - The net cash flow from investing activities saw a significant increase of 213.85%, dropping to -¥233.12 million from -¥74.28 million year-on-year, primarily due to increased cash payments for fixed assets and long-term investments[12]. - The net cash flow from financing activities slightly decreased by 2.08%, amounting to -¥155.68 million, mainly due to increased dividend payments during the reporting period[12]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,245, with no preferred shareholders[15]. - Zhejiang Zheqi Investment Holding Group Co., Ltd. holds the largest share at 24.27%, with 72,259,670 shares, and has pledged 35,830,000 shares[15]. - The company repurchased a total of 50,000 shares as part of its share buyback plan, which will continue based on market conditions[18]. - A cash dividend of ¥29.77 million was distributed during the semi-annual equity distribution, with a payout of ¥1 per 10 shares[18]. - The company issued convertible bonds "Xingrui Convertible Bonds" with a coupon rate of 0.40%, distributing ¥4.00 per 10 bonds during the reporting period[18]. Investment and Income - The company reported a significant increase in investment income of 431.35%, amounting to ¥5,627,743.87 compared to ¥1,059,146.47 in the previous year[9]. - The long-term equity investment increased by 45.20%, reaching ¥105,763,167.53 from ¥72,837,777.33[10]. - Net profit from investments is CNY 5,627,743.87, significantly higher than CNY 1,059,146.47 in the previous period[23].

Financial Performance - The company's revenue for Q3 2025 reached ¥1,330,807,151.59, representing a 30.46% increase compared to the same period last year[5] - The net profit attributable to shareholders was a loss of ¥4,431,461.99, a decline of 129.19% year-on-year[5] - Total operating revenue for the current period reached ¥2,850,492,738.14, an increase of 24.2% compared to ¥2,294,583,235.07 in the previous period[21] - Net profit for the current period was ¥4,382,058.16, a decrease of 78.3% from ¥20,216,388.37 in the previous period[22] - The company recorded a total comprehensive income of ¥4,623,501.52, down from ¥20,129,479.87 in the previous period[22] - Basic and diluted earnings per share were both 0.05 yuan, down from 0.15 yuan in the previous period, reflecting a decrease of 66.67%[23] Cash Flow - The net cash flow from operating activities was negative at ¥-423,054,291.19, a decrease of 198.67% compared to the previous year[5] - The net cash flow from operating activities was -423,054,291.19 yuan, compared to -141,646,539.31 yuan in the previous period, indicating a decline in operational cash flow[23] - Total cash inflow from operating activities was 2,854,109,980.38 yuan, up from 2,692,358,359.52 yuan year-over-year, reflecting a growth of approximately 6.03%[23] - Cash outflow for purchasing goods and services increased to 2,897,736,391.50 yuan from 2,480,470,145.03 yuan, representing a rise of about 16.83%[23] - The net cash flow from investing activities was -287,904,860.57 yuan, an improvement from -813,684,160.94 yuan in the previous period[24] - Cash inflow from investment activities totaled 1,590,068,252.23 yuan, down from 2,804,177,295.80 yuan, indicating a decrease of approximately 43.3%[24] - The net cash flow from financing activities was 462,368,188.26 yuan, compared to 208,939,408.94 yuan in the previous period, showing an increase of about 121.5%[24] - The ending cash and cash equivalents balance was 630,916,885.25 yuan, slightly up from 594,153,988.32 yuan year-over-year[24] Assets and Liabilities - Total assets increased by 25.20% to ¥3,895,670,256.91 compared to the end of the previous year[5] - The company's total assets increased to ¥3,895,670,256.91, compared to ¥3,111,518,102.16 in the previous year, reflecting a growth of 25.2%[20] - Total liabilities rose to ¥1,817,056,093.67, up from ¥1,049,002,553.74, representing a 73.3% increase[20] - The equity attributable to shareholders of the parent company was ¥2,066,265,842.69, slightly up from ¥2,060,930,462.40[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,778[12] - The largest shareholder, Shenzhen Yidao Holdings Co., Ltd., holds 40.80% of the shares, totaling 58,194,734 shares[12] Inventory and Receivables - Accounts receivable rose by 102.19% to ¥596,818,470.51, driven by increased revenue[9] - Inventory increased by 56.79% to ¥984,773,798.82, reflecting expanded business operations[9] - Accounts receivable increased to ¥596,818,470.51 from ¥295,171,278.48, indicating a significant rise in credit sales[18] - Inventory at the end of the period is ¥984,773,798.82, up from ¥628,100,049.35, reflecting increased stock levels[18] Government Subsidies and Expenses - The company received government subsidies amounting to ¥351,603.85 during the quarter, down from previous periods[7] - Research and development expenses for the current period were ¥170,020,915.61, compared to ¥165,099,063.40 in the previous period, indicating a 3.5% increase[21] - The company reported a financial expense of -¥11,881,040.34, an improvement from -¥4,026,798.83 in the previous period[21] Stock and Incentive Plans - The company plans to terminate the 2023 restricted stock incentive plan and will repurchase and cancel 1,000,300 shares[15] - The total number of shares after the cancellation of restricted stocks will be adjusted from 141,446,300 to 140,446,000 shares[15] - The company has approved the adjustment of the 2025 restricted stock incentive plan, reducing the number of participants from 209 to 198 and the number of shares from 2,293,000 to 2,188,000[16] - The company is planning to issue shares and pay cash for asset acquisition, which has led to a temporary suspension of trading[17] - The company has completed the repurchase and cancellation of restricted stocks by June 2025[15] Borrowings - The company reported a significant increase in short-term borrowings, which rose by 180.74% to ¥431,185,551.56[9]

Financial Performance - The company's revenue for Q3 2025 was CNY 302,461,780.55, representing a 4.86% increase year-over-year, while the year-to-date revenue decreased by 8.41% to CNY 866,519,881.32[4] - Net profit attributable to shareholders for Q3 2025 was CNY 4,007,367.73, a significant increase of 107.87% compared to the same period last year, and a year-to-date increase of 120.46% to CNY 8,866,599.20[4] - The basic earnings per share for Q3 2025 was CNY 0.0098, up 107.84% year-over-year, with a year-to-date figure of CNY 0.0218, reflecting a 120.62% increase[4] - Total operating revenue for Q3 2025 was ¥866,519,881.32, a decrease of 8.4% compared to ¥946,092,087.87 in the same period last year[23] - Net profit for Q3 2025 was ¥11,538,988.54, a significant recovery from a net loss of ¥41,899,925.64 in the previous year[24] - The total comprehensive income for the period attributable to the parent company was ¥5,811,064.35, compared to a loss of ¥42,117,911.29 in the previous period[25] - The company reported a total comprehensive income of ¥8,483,453.69 for the period, contrasting with a loss of ¥40,682,973.51 in the previous period[25] Assets and Liabilities - Total assets as of September 30, 2025, were CNY 1,634,660,488.11, down 5.26% from the end of the previous year[4] - The company's total assets decreased to ¥1,634,660,488.11 from ¥1,725,345,371.18, reflecting a decline of 5.3%[21] - Total liabilities decreased to ¥713,968,073.78, down 12.2% from ¥813,255,810.54 year-over-year[21] - The total equity attributable to shareholders of the parent company increased to ¥893,877,970.32 from ¥887,947,505.97, a rise of 0.3%[21] Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 49,842,885.32 year-to-date, a decrease of 4.47% compared to the previous year[4] - The net cash flow from operating activities was -¥49,842,885.32, slightly worse than the previous period's -¥47,709,075.45[26] - Cash inflow from operating activities totaled ¥932,108,663.07, an increase from ¥903,101,082.82 in the prior period[26] - The net cash flow from investment activities showed a substantial outflow of CNY 120,948,068.45, a 1473.22% increase compared to the previous year, primarily due to net outflows from financial product purchases[12] - The net cash flow from investing activities was -¥120,948,068.45, compared to -¥7,687,922.84 in the previous period, indicating a significant decline[26] - The total cash outflow from financing activities was ¥172,554,969.76, down from ¥262,476,825.77 in the prior period, showing improved cash management[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,018[14] - The largest shareholder, Li Mantie, holds 12.99% of shares, totaling 54,514,509 shares, with 40,885,882 shares pledged[14] - The second-largest shareholder, Wang Lishan, owns 10.51% of shares, amounting to 44,090,000 shares, with no shares pledged[14] - The company has a total of 12,208,111 shares repurchased, representing 2.91% of total shares[15] - The total number of restricted shares at the end of the period is 77,348,250, with 4,209,000 shares released during the period[16] - The largest shareholder group includes Li Mantie, Wang Lishan, and Li Chen, who are considered acting in concert[14] Research and Development - Research and development expenses for the quarter were ¥45,327,987.11, down 10.5% from ¥50,636,436.00 in the previous year[23] Government Subsidies - The company received government subsidies amounting to CNY 2,755,753.02 year-to-date, which positively impacted its financial performance[6] Equity Incentive Plans - The company approved the fourth equity incentive plan on September 8, 2025, with the plan's details disclosed on September 18, 2025[17] - The company’s board of directors approved the first grant of restricted stock to incentive targets on September 23, 2025[18]

Revenue and Profit - The company's revenue for Q3 2025 was ¥198,105,771.47, representing a decrease of 6.21% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥4,207,421.47, a significant increase of 314.42% year-on-year, while the year-to-date net profit decreased by 57.47% to ¥18,204,377.42[5]. - The basic and diluted earnings per share for the quarter were both ¥0.0086, reflecting a 309.52% increase compared to the same period last year[5]. - Net profit for the current period was ¥19,488,498.12, down from ¥43,840,738.67, indicating a decrease of approximately 55.6%[21]. - Earnings per share (EPS) decreased to ¥0.0371 from ¥0.0873, a decline of about 57.5%[22]. Assets and Liabilities - Total assets at the end of Q3 2025 were ¥2,894,808,436.34, down 1.82% from the end of the previous year[5]. - Total assets amounted to ¥2,894,808,436.34, slightly down from ¥2,948,587,167.07, a decrease of approximately 1.8%[19]. - Total liabilities decreased to ¥258,966,454.95 from ¥294,388,193.40, a reduction of about 12.0%[19]. - The company's goodwill remained stable at ¥36,673,724.02, unchanged from the previous period[18]. - The total equity attributable to shareholders decreased to ¥2,588,840,856.67 from ¥2,611,511,969.65, a decrease of about 0.9%[19]. Cash Flow - The company reported a 40.51% decrease in cash flow from operating activities year-to-date, totaling ¥56,054,193.54[5]. - The net cash flow from operating activities decreased by 40.51% to ¥56,054,193.54, primarily due to a reduction in government subsidies received and an increase in cash paid for goods and services[12]. - The net cash flow from investing activities improved by 65.26% to -¥85,945,758.88, attributed to a decrease in payments for fixed assets, intangible assets, and other long-term assets[12]. - The net cash flow from financing activities dropped by 91.97% to ¥14,250,625.78, mainly due to the absence of large time deposits maturing compared to the previous year[12]. - The net increase in cash and cash equivalents was -¥13,804,376.00, a decline of 157.54% compared to the previous year, driven by reduced government subsidies and increased cash payments for goods and services[12]. Investments and Projects - The company is actively expanding its projects, including the construction of the Yidoli Science and Technology Park and other innovation projects in Inner Mongolia and Hunan[9]. - The construction in progress increased significantly from ¥294,120,540.51 to ¥402,740,681.97, suggesting ongoing investments in new projects[17]. Other Financial Metrics - The company experienced a 35.08% decrease in trading financial assets, amounting to ¥215,610,965.17, primarily due to reduced financial investments during the reporting period[9]. - Other receivables increased by 126.67% to ¥8,396,053.10, attributed to an increase in standby funds[9]. - The company reported a 93.06% decrease in non-operating income, totaling ¥688,529.77, mainly due to the previous year's acquisition-related gains[11]. - The company’s tax expenses decreased by 78.24% to ¥1,244,256.79, reflecting a reduction in total profit[11]. - Research and development expenses were ¥70,422,506.76, a decrease from ¥73,735,035.11, reflecting a reduction of about 4.2%[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,055, with no preferred shareholders having restored voting rights[14]. - Zhuhai Jindadi Investment Co., Ltd. holds 29.01% of shares, amounting to 142,458,378 shares, with 37,500,000 shares pledged[15].

证券代码：002721 证券简称：金一文化 公告编号：2025-050 北京金一文化发展股份有限公司 2025 年第三季度报告 北京金一文化发展股份有限公司 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.公司董事会及董事、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 北京金一文化发展股份有限公司 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 ☑适用 □不适用 | 项目 | 本报告期金额 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | --- | | 非流动性资产处置损益（包 | | | 主要系公司提前终止租赁合 | | 括已计提资产减值准备的冲 | -1,792,537.11 ...