深圳市金证科技股份有限公司 2025 年第三季度报告 证券代码：600446 证券简称：金证股份 深圳市金证科技股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 | | | | 单位：元 | 币种：人民币 | | --- | --- | --- | --- | --- | | | | 本报告期比 | | 年初至报告期 | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 563,332,183.65 | -5 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥971,408,802, a decrease of 14.56% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥58,944,599.32, an increase of 14.65% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥11,840,685.75, down 70.13% from the previous year[5]. - Total operating revenue for Q3 2025 was ¥3,093,687,077.44, a decrease of 20.5% compared to ¥3,893,133,772.26 in the same period last year[18]. - Net profit for the period was ¥201,551,516.15, a decline of 12.7% from ¥230,971,980.78 in the previous year[19]. - Total comprehensive income for the period was CNY 203,921,072.51, a decrease from CNY 232,203,806.00 in the previous period[20]. - Basic and diluted earnings per share were both CNY 0.18, down from CNY 0.19 in the previous period[20]. Cash Flow and Liquidity - Cash flow from operating activities decreased by 37.58% year-to-date, totaling ¥337,406,787.37[5][9]. - Cash flow from operating activities generated a net amount of CNY 337,406,787.37, compared to CNY 540,549,195.28 in the previous period, reflecting a decline of approximately 37.4%[21]. - Cash inflow from investment activities totaled CNY 2,298,984,267.05, significantly higher than CNY 682,535,380.80 in the previous period[22]. - Cash outflow from investment activities was CNY 2,582,638,087.02, compared to CNY 975,268,009.24 in the previous period, resulting in a net cash flow from investment activities of -CNY 283,653,819.97[22]. - Cash flow from financing activities resulted in a net outflow of -CNY 358,243,373.79, compared to -CNY 110,955,857.13 in the previous period[22]. - The ending balance of cash and cash equivalents was CNY 1,416,405,533.60, a decrease from CNY 1,447,292,401.68 in the previous period[22]. - Cash received from sales of goods and services was CNY 2,407,668,717.67, down from CNY 2,834,569,912.90 in the previous period[21]. - Total cash outflow from operating activities was CNY 2,123,241,283.05, compared to CNY 2,377,962,462.94 in the previous period[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,664,288,596.98, a decrease of 3.90% from the end of the previous year[5]. - The company's total assets decreased to ¥5,664,288,596.98, down from ¥5,894,465,082.44[16]. - Total liabilities decreased to ¥1,822,785,247.23, compared to ¥2,063,405,228.52 in the previous year, reflecting a reduction of 11.6%[16]. - Total current assets amount to ¥3,246,542,313.80, down from ¥3,425,031,994.34 at the beginning of the period, representing a decrease of approximately 5.2%[14]. - Cash and cash equivalents decreased to ¥1,425,612,444.75 from ¥1,743,748,644.06, a decline of about 18.2%[14]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 44,469[11]. - The largest shareholder, Song Lin, holds 34.34% of shares, totaling 265,060,000 shares[11]. - The number of shares held by the top 10 shareholders includes significant stakes from individuals, with the second-largest shareholder, Zhong Ge, holding 3.02%[11]. - The company has no preferred shareholders or significant changes in the top 10 shareholders due to margin trading activities[13]. - The total number of shares held by the top 10 unrestricted shareholders is 1,000,000 shares or more[11]. Expenses and Investments - Financial expenses increased by 76.27% year-on-year, primarily due to a decline in interest income and reduced exchange gains[8]. - Research and development expenses were ¥44,848,543.88, down 21.0% from ¥56,730,322.26 year-over-year[18]. - The company reported an investment income of ¥83,322,212.29, an increase from ¥69,441,361.22 in the previous year[19]. - The company experienced a 222.87% decrease in net cash flow from financing activities compared to the previous year, attributed to the maturity of pledged certificates of deposit in 2024[9]. - The company recorded a 838.94% increase in non-operating income, mainly due to compensation received from suppliers during the reporting period[8]. Future Outlook - The company plans to focus on market expansion and new product development as part of its future strategy[19]. - The company has not disclosed any new product developments or market expansion strategies in the current reporting period[13]. - The company did not undergo an audit for the third quarter financial report[23].

Financial Performance - Revenue for Q3 2025 reached ¥3,140,956,336.25, an increase of 5.13% year-over-year[4] - Net profit attributable to shareholders was ¥223,364,748.06, representing a significant increase of 61.33% compared to the same period last year[4] - The net profit excluding non-recurring gains and losses was ¥204,644,408.60, up 45.22% year-over-year[4] - Basic earnings per share rose to ¥0.1132, reflecting a 61.48% increase from the previous year[4] - Total operating revenue for the current period reached ¥9,085,988,424.34, an increase of 1.97% compared to ¥8,909,836,679.88 in the previous period[15] - Net profit for the current period was ¥879,434,399.12, representing a significant increase of 50.2% from ¥585,116,805.81 in the previous period[16] - Total comprehensive income attributable to the parent company reached ¥622,934,831.64, up from ¥418,515,326.94 in the previous period, representing a growth of 48.8%[17] - Basic and diluted earnings per share increased to ¥0.3101 from ¥0.2288, reflecting a rise of 35.6%[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥29,244,289,412.92, a decrease of 0.70% from the end of the previous year[4] - The company reported a total asset value of ¥29,244,289,412.92, a slight decrease from ¥29,450,469,334.61[13] - Current liabilities totaled ¥8,526,767,570.66, down from ¥10,415,060,826.26, indicating improved liquidity management[13] - Long-term borrowings increased to ¥2,850,558,852.81 from ¥2,398,848,937.41, suggesting a strategy to leverage debt for growth[13] - The company’s total equity rose to ¥16,098,611,174.80 from ¥15,473,409,319.37, reflecting strong retained earnings and capital accumulation[13] Cash Flow - Operating cash flow for the year-to-date was ¥1,131,901,142.14, an increase of 27.76%[4] - Net cash flow from operating activities was ¥1,131,901,142.14, compared to ¥885,946,568.51 in the previous period, marking a growth of 27.8%[17] - Cash inflow from investment activities totaled ¥18,118,132,691.69, significantly higher than ¥12,375,803,182.69 in the prior period, indicating a growth of 46.2%[18] - Net cash flow from investment activities was -¥449,614,603.23, an improvement from -¥709,689,608.23 in the previous period[18] - Cash inflow from financing activities decreased to ¥6,853,542,011.82 from ¥7,617,758,637.18, a decline of 10.0%[18] - Net cash flow from financing activities was -¥971,013,081.29, compared to -¥53,861,526.92 in the previous period, indicating a significant increase in cash outflow[18] - The ending balance of cash and cash equivalents decreased to ¥2,374,168,629.85 from ¥2,964,680,684.12, a decline of 19.8%[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 72,377[8] - The largest shareholder, Chongqing Huibang Zhuoyuan Technology Co., Ltd., holds 18.71% of shares, totaling 370,449,804 shares[8] - Zhang Songshan, a natural person, holds 5.91% of shares, totaling 117,095,583 shares, with 61,910,000 shares pledged[8] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder being a non-state-owned legal entity[8] - The company has not disclosed any related party transactions or agreements among the top shareholders[8] Operational Efficiency - The weighted average return on equity was 2.31%, an increase of 0.94% compared to the previous year[4] - The company achieved an operating profit of ¥1,061,070,480.48, up from ¥784,087,500.30, showcasing operational efficiency improvements[16] - Total operating costs decreased slightly to ¥8,097,647,440.81 from ¥8,114,670,346.58, reflecting a cost reduction strategy[15] - Research and development expenses were ¥281,993,931.22, slightly down from ¥301,716,088.01, indicating a focus on efficiency in innovation spending[16] Other Income and Investments - Investment income for the period was ¥21,877,855.30, a substantial increase of 143.64% year-over-year[7] - The company reported a significant increase in other income, totaling ¥36,664,665.35, up 448.03% from the previous year[7] - The company issued convertible bonds, resulting in a 108.48% increase in payable bonds to ¥1,134,982,944.65[7] Comprehensive Income - Other comprehensive income after tax was ¥24,148,295.85, a recovery from a loss of ¥69,850,813.11 in the previous period, indicating better financial performance overall[16] Audit and Reporting - The company did not undergo an audit for the third quarter financial report[19] - The financial report for the third quarter was released on October 29, 2025[20]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥1,967,877,015, representing a year-on-year increase of 129.19%[6] - The total profit for the period was ¥865,818,768.2, a significant increase of 296.99% compared to the same period last year[6] - Net profit attributable to shareholders was ¥569,454,670.3, reflecting a year-on-year growth of 307.70%[6] - The net cash flow from operating activities increased by 236.14% year-on-year, amounting to ¥782,315,480.4[7] - The company's operating revenue for Q3 2025 reached approximately ¥1.97 billion, representing a 129.19% increase year-over-year[22] - Net profit attributable to shareholders for Q3 2025 was approximately ¥569.45 million, reflecting a 307.70% year-over-year increase[22] - The net profit after deducting non-recurring gains and losses for Q3 2025 was approximately ¥563.60 million, a 273.72% increase compared to the same period last year[22] - The net cash flow from operating activities for Q3 2025 was approximately ¥782.32 million, a 236.14% increase year-over-year[22] - The net profit for the first three quarters of 2025 reached CNY 1,507,823,743.75, a significant increase of 83.9% compared to CNY 818,989,387.82 in the same period of 2024[36] - Operating profit for the first three quarters of 2025 was CNY 1,816,758,960.34, up from CNY 953,413,819.11 in 2024, reflecting a growth of 90.5%[36] - The total comprehensive income for the first three quarters of 2025 was CNY 1,495,016,437.97, up from CNY 810,360,625.26 in 2024, reflecting an increase of 84.5%[37] Revenue Growth - The company launched several new games in 2025, contributing to increased revenue, including "杖剑传说 (大陆版)" and "道友来挖宝" which were released in May 2025[10] - The overseas gaming business generated ¥588 million in revenue from January to September 2025, a year-on-year increase of 59.46%[11] - The total revenue for the year-to-date period (January to September 2025) increased by 59.17% compared to the same period last year[22] - Total revenue for the first three quarters of 2025 reached ¥4,485,778,792.56, a significant increase of 59% compared to ¥2,818,281,672.62 in the same period of 2024[35] - Total revenue from sales of goods and services amounted to CNY 4,661,553,831.31, compared to CNY 3,023,594,107.97 in the previous year, indicating a growth of 54.3%[40] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,205,639,909, an increase of 18.52% from the end of the previous year[7] - Current assets totaled ¥5,544,787,040.59 as of September 30, 2025, compared to ¥4,288,792,155.47 at the end of 2024, indicating a growth of 29.3%[30] - Non-current assets amounted to ¥2,660,852,868.77 as of September 30, 2025, slightly up from ¥2,634,756,079.78 at the end of 2024[30] - Total liabilities as of September 30, 2025, were ¥1,801,877,026.60, up from ¥1,290,076,287.07 at the end of 2024, representing an increase of 39.5%[31] - Shareholders' equity totaled ¥6,403,762,882.76 as of September 30, 2025, compared to ¥5,633,471,948.18 at the end of 2024, reflecting a growth of 13.6%[32] Cash Flow - The cash flow from operating activities generated a net amount of CNY 1,859,020,368.12, compared to CNY 827,020,127.94 in the previous year, representing an increase of 125.0%[40] - The company's cash and cash equivalents as of September 30, 2025, were CNY 10.00 million, compared to CNY 126.46 million at the end of 2024, indicating a significant decline[44] - The cash inflow from operating activities was $279,755,836.71 in 2025, down from $304,790,016.06 in 2024, representing a decline of 8.2%[52] - The company reported a cash outflow from financing activities of $724,946,964.86 in 2025, compared to $375,267,853.18 in 2024, which is an increase of 93.1%[53] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,492[24] - The top shareholder, 卢竑岩, holds 29.72% of the shares, amounting to 21,412,615 shares[24] Research and Development - Research and development expenses increased to CNY 639,273,647.12 in 2025 from CNY 583,437,384.80 in 2024, marking a rise of 9.6%[36] - Research and development expenses for the first three quarters of 2025 amounted to CNY 98.30 million, a decrease of 4.5% from CNY 103.39 million in the same period of 2024[49] Other Financial Metrics - The company experienced a foreign exchange loss of ¥22.68 million in the first nine months of 2025, compared to a loss of ¥6.21 million in the same period last year[15] - Non-recurring gains and losses included government subsidies amounting to ¥1,270,969.55 for the current period[19] - The company reported a decrease in financial expenses, with interest expenses at CNY 994,867.57 in 2025 compared to CNY 1,296,474.67 in 2024, a reduction of 23.4%[36] - The company's other comprehensive income for the first three quarters of 2025 was CNY 607.63 million, compared to CNY -69.34 million in the same period of 2024, showing a positive turnaround[51] - The company did not apply new accounting standards for the first time in 2025[55]

Financial Performance - The company's operating revenue for the third quarter was ¥108,271,484.42, a decrease of 21.27% compared to the same period last year[4]. - The total profit for the quarter was ¥14,733,913.13, representing a significant increase of 358.53% year-on-year[4]. - The net profit attributable to shareholders was ¥13,673,910.35, an increase of 325.54% compared to the same period last year[4]. - The basic and diluted earnings per share for the quarter were both ¥0.0251, reflecting a 325.42% increase year-on-year[5]. - Total operating revenue for the first three quarters of 2025 was CNY 388.77 million, a decrease of 8.5% compared to CNY 424.68 million in the same period of 2024[17]. - Net profit for the first three quarters of 2025 was CNY 290,613.14, a significant decline from CNY 5,632,092.69 in 2024, representing a decrease of approximately 94.8%[18]. - Total profit for the period was CNY 15,205,074.00, up from CNY 13,423,945.30 in the previous year, representing a growth of 13.3%[30]. - Net profit for the first three quarters of 2025 was CNY 13,224,823.65, slightly down from CNY 13,316,331.15 in 2024, a decrease of 0.7%[30]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,369,427,259.85, a decrease of 1.27% from the previous year[5]. - As of September 30, 2025, total assets amounted to CNY 1,369,427,259.85, a slight decrease from CNY 1,387,062,254.39 on December 31, 2024[13]. - Total liabilities increased to CNY 1,035,280,784.15 from CNY 1,086,507,949.17, indicating a decrease of about 4.7%[14]. - Total liabilities decreased to CNY 572.43 million in 2025 from CNY 590.35 million in 2024, reflecting a reduction of approximately 3.0%[15]. - The total assets of the company were 1,713,403,531.67 RMB, down from 1,841,280,989.97 RMB[25]. - The company's long-term borrowings decreased to 42,490,000.00 RMB from 45,044,109.59 RMB[25]. Cash Flow - The cash flow from operating activities for the year-to-date period was negative at -¥3,417,642.09, indicating a decrease in cash outflows compared to the previous year[5]. - The company reported a net cash outflow from operating activities of CNY -3.42 million for the first three quarters of 2025, compared to CNY -29.69 million in 2024[21]. - The company's net cash flow from investing activities was 11,249,927.21 RMB, a decrease from -30,101,327.10 RMB in the previous period[22]. - Net cash flow from operating activities was -CNY 3,940,074.03, an improvement from -CNY 29,534,199.35 year-over-year[31]. - Investment activities generated a net cash flow of CNY 11,234,208.06, a significant improvement from -CNY 18,779,861.38 in the previous year[31]. - The company reported a net cash outflow from financing activities of -9,462,371.44 RMB, compared to -3,239,718.61 in the previous period[22]. Shareholder Information - The company had a total of 28,921 common shareholders at the end of the reporting period[10]. - The company has not reported any changes in major shareholders or significant actions regarding share lending[12]. Operational Highlights - The company recognized a gain from the disposal of non-current assets amounting to ¥31,790,856.53 due to the recovery of state-owned land use rights[7]. - There are no other important reminders regarding the company's operational situation during the reporting period[12]. - The company incurred total operating expenses of CNY 647.23 million, a decrease of 11.5% from CNY 731.15 million in 2024[21]. - Cash received from sales of goods and services was CNY 641.87 million, down 8.2% from CNY 699.19 million in the previous year[21]. - The company reported a decrease in sales expenses to CNY 32,614,590.56 from CNY 27,600,096.02, reflecting a rise of 18.5%[30]. - The company’s interest expenses decreased to CNY 5,917,484.12 from CNY 6,762,964.84, a reduction of 12.5%[30].

北京浩瀚深度信息技术股份有限公司 2025 年第三季度报告 北京浩瀚深度信息技术股份有限公司 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、准确性和完整性依法承担法律责任。 证券代码：688292 证券简称：浩瀚深度 债券代码：118052 债券简称：浩瀚转债 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | 量净额 | | | | | | | --- | --- | --- | --- | --- | --- | | 基本每股收益（元/股） | -0.07 | | -450.00 | -0.06 | -126.09 | | 稀释每股收益（元/股） | -0.07 | | -450.00 | ...

Financial Performance - The company's revenue for Q3 2025 reached ¥1,419,035,711.31, an increase of 18.30% year-over-year, while the total revenue for the first nine months was ¥4,028,351,143.34, up 20.65% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2025 was a loss of ¥26,246,244.63, a decline of 79.42% year-over-year, while the net profit for the first nine months was ¥32,553,949.59, an increase of 136.23% compared to the same period last year[4] - Total operating revenue for the current period reached ¥4,028,351,143.34, an increase of 20.7% compared to ¥3,338,764,469.83 in the previous period[24] - Net profit for the current period was ¥30,328,638.39, a significant recovery from a net loss of ¥102,874,016.53 in the previous period[25] - Basic and diluted earnings per share for the current period were both ¥0.035, compared to a loss of ¥0.098 in the previous period[25] Cash Flow and Liquidity - The cash flow from operating activities for the first nine months was ¥310,769,377.10, representing a significant increase of 620.88%[4] - The company reported a 620.88% increase in net cash flow from operating activities, attributed to increased sales cash inflows[14] - Operating cash flow for the current period is CNY 310,769,377.10, a significant improvement from a negative cash flow of CNY -59,662,531.82 in the previous period, indicating a turnaround in operational efficiency[27] - Total cash inflow from operating activities reached CNY 2,463,099,988.06, compared to CNY 1,884,153,389.96 in the prior period, reflecting a year-over-year increase of approximately 30.7%[27] - The ending cash and cash equivalents balance decreased to CNY 105,008,471.49 from CNY 240,075,987.07, reflecting a reduction of approximately 56.3%[28] Assets and Liabilities - The company reported a decrease in total assets to ¥11,104,687,604.18, down 0.77% from the end of the previous year[4] - The company's total assets decreased slightly to ¥11,104,687,604.18 from ¥11,190,303,037.06 at the beginning of the period[22] - Total liabilities decreased to ¥8,210,308,516.48 from ¥8,347,136,924.60 at the beginning of the period[22] - The equity attributable to shareholders of the parent company increased to ¥2,724,483,872.56 from ¥2,671,269,113.39[23] Shareholder Information - The total number of common stock shareholders at the end of the reporting period is 107,705[16] - Wang Yingmei holds 15.59% of shares, totaling 144,248,400, with 64,012,000 shares pledged[16] - He Renbao owns 12.04% of shares, amounting to 111,400,000, with 47,726,000 shares pledged[16] Operational Efficiency and Strategy - The company plans to enhance operational efficiency and profitability through product structure optimization, market expansion, and cost control measures[9] - The company aims to create greater value for shareholders while fulfilling its social responsibilities and promoting sustainable development[9] Segment Performance - The agricultural protection and lithium battery materials segments saw revenue growth of 39.77% and 112.09% respectively, while the pharmaceutical segment experienced a revenue decline of 30.62% due to market share contraction and price pressures[8] Legal and Corporate Governance - The company is involved in a legal dispute with Jiujiang Tianci High-tech Materials Co., Ltd. over an economic loss claim of ¥88,710,000[18] - A total of 4,454,841 shares from the 2024 restricted stock incentive plan were released for trading[19] - The company completed the election of the seventh board of directors and the appointment of senior management personnel during the reporting period[18] Research and Development - Research and development expenses for the current period were ¥87,910,255.15, slightly up from ¥84,528,878.86 in the previous period[24]

Financial Performance - The company's operating revenue for the third quarter was ¥161,504,476.85, an increase of 4.45% compared to the same period last year[4]. - The total profit for the quarter reached ¥42,967,116.44, reflecting an increase of 8.51% year-on-year[4]. - The net profit attributable to shareholders was ¥37,241,302.12, up by 11.04% compared to the previous year[4]. - The net profit after deducting non-recurring gains and losses was ¥30,739,541.49, a decrease of 3.75% year-on-year[4]. - Total operating revenue for the first three quarters of 2025 was CNY 468,623,286.04, a decrease of 9.46% compared to CNY 517,534,653.77 in the same period of 2024[19]. - Net profit for the first three quarters of 2025 was CNY 106,904,921.60, representing a decline of 17.73% from CNY 129,917,170.15 in 2024[20]. - Earnings per share for the first three quarters of 2025 were CNY 0.67, down from CNY 1.01 in the same period of 2024[21]. Cash Flow - The cash flow generated from operating activities for the year-to-date was ¥152,739,996.16, showing a significant increase of 40.55%[5]. - The net cash flow from operating activities was $152,739,996.16, an increase of 40.5% compared to $108,674,522.31 in the previous period[24]. - The company reported a total cash outflow from operating activities of $318,095,532.52, a decrease from $361,649,629.38[24]. - Cash inflow from financing activities totaled $3,753,476.50, down from $724,402,938.64 in the previous period[25]. - The net cash flow from financing activities was -$28,621,523.50, compared to a positive $513,853,837.97 last year[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,818,714,012.10, an increase of 3.58% from the end of the previous year[5]. - Total current assets as of September 30, 2025, amount to ¥1,494,729,501.86, an increase from ¥1,454,874,711.16 at the end of 2024[15]. - Total liabilities as of September 30, 2025, are ¥142,029,649.04, a decrease from ¥154,309,749.35[16]. - The company has a total of ¥780,748,170.24 in trading financial assets, up from ¥546,931,385.16[14]. - The company’s fixed assets are valued at ¥207,124,728.90, an increase from ¥182,078,253.94[15]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,411[12]. - The largest shareholder, Zhu Jianbo, holds 64,345,672 shares, representing 40.22% of total shares[12]. - The company has no significant changes in the top 10 shareholders or their shareholding status[13]. Non-Recurring Items - Non-recurring gains and losses for the quarter totaled ¥6,501,760.63, with government subsidies contributing ¥218,183.63[7]. - The decrease in basic and diluted earnings per share was primarily due to market price fluctuations affecting gross profit margins[9]. Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters to enhance revenue growth[19]. - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[26].

Financial Performance - The company's operating revenue for the third quarter reached CNY 4,646,697,589.39, representing a year-on-year increase of 5.80%[4] - The total profit for the period was CNY 269,065,747.03, reflecting an increase of 11.33% compared to the previous year[4] - The net profit attributable to shareholders was CNY 240,022,485.37, which is an 18.57% increase year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached ¥14.56 billion, a 21% increase from ¥12.05 billion in the same period of 2024[18] - Operating profit for the first three quarters of 2025 was ¥661.11 million, up 24% from ¥533.02 million in the first three quarters of 2024[18] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was ¥589.72 million, representing a 24% increase compared to ¥475.50 million in the same period of 2024[20] - The total comprehensive income for the first three quarters of 2025 was ¥577.07 million, compared to ¥512.27 million in the same period of 2024[20] Earnings and Shares - The basic earnings per share for the quarter were CNY 0.1180, up 16.03% from the same period last year[6] - The diluted earnings per share were CNY 0.1075, reflecting a 16.72% increase year-on-year[6] - Earnings per share for the first three quarters of 2025 were ¥0.2949, up from ¥0.2389 in the same period of 2024[20] Cash Flow - The cash flow from operating activities showed a significant increase of 233.31%, amounting to CNY 760,826,548.78[6][9] - The company reported a net cash flow from operating activities of ¥760.83 million for the first three quarters of 2025, significantly up from ¥228.27 million in the same period of 2024[22] - The net cash flow from investing activities was -712,071,743.28, indicating a significant outflow compared to the previous period's -134,787,425.88[23] - Total cash inflow from financing activities amounted to 1,285,012,386.19, while cash outflow was 1,711,423,710.21, resulting in a net cash flow of -426,411,324.02[23] - The ending balance of cash and cash equivalents was 1,461,019,631.24, down from 1,837,744,175.83 at the beginning of the period[23] - Cash received from borrowings was 1,285,012,386.19, reflecting the company's reliance on debt financing during the period[23] Assets and Liabilities - The total assets at the end of the period were CNY 26,629,510,319.53, a 3.97% increase from the end of the previous year[6] - The company's current assets totaled CNY 22,488,882,845.82, up from CNY 21,326,863,734.55, indicating an increase of about 5.45%[14] - The company's total liabilities reached CNY 17,246,461,158.35, compared to CNY 16,639,584,333.00, marking an increase of about 3.66%[16] - The total equity attributable to shareholders rose to CNY 9,355,660,741.60 from CNY 8,941,482,793.90, which is an increase of approximately 4.63%[16] Investments and Expenses - Research and development expenses for the first three quarters of 2025 amounted to ¥509.19 million, a 5% increase from ¥486.07 million in the same period of 2024[18] - The company reported an increase in investment income to ¥21.02 million in the first three quarters of 2025, compared to ¥9.83 million in the same period of 2024[18] - The company reported a total cash outflow from investing activities of 1,338,865,125.79, which is a substantial increase from the previous period[23] Shareholder Information - The company has not reported any significant changes in shareholder participation in margin financing and securities lending activities[12] - The company distributed dividends and interest payments totaling 214,867,737.69, which is an increase compared to the previous period[23] Other Information - The company reported non-recurring gains of CNY 50,210,633.23 for the period[8] - The weighted average return on equity was 2.60%, an increase of 0.29 percentage points from the previous year[6] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19] - The impact of exchange rate changes on cash and cash equivalents was a positive 931,973.93, contrasting with a negative impact of -3,463,113.40 in the previous period[23] - The company did not apply new accounting standards starting from 2025, indicating stability in financial reporting practices[24]

Financial Performance - The company's operating revenue for the third quarter was CNY 16.43 billion, a decrease of 1.16% compared to the same period last year[6]. - Total profit for the quarter reached CNY 720.95 million, representing a year-on-year increase of 30.45%[6]. - Net profit attributable to shareholders was CNY 625.16 million, up 21.98% from the previous year[6]. - The basic earnings per share increased to CNY 0.29, reflecting a growth of 26.09% year-on-year[6]. - Total revenue for the first three quarters of 2025 was CNY 43.64 billion, a decrease of 0.83% compared to CNY 44.01 billion in the same period of 2024[22]. - Operating profit for the first three quarters of 2025 was CNY 1.47 billion, an increase of 6.32% from CNY 1.38 billion in the first three quarters of 2024[22]. - Net profit for the first three quarters of 2025 was CNY 1.24 billion, a decrease of 4.49% compared to CNY 1.30 billion in the same period of 2024[22]. - The company reported a total comprehensive income of CNY 1.41 billion for the first three quarters of 2025, compared to CNY 1.14 billion in the same period of 2024, indicating a growth of 23.36%[23]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 42.14 billion, an increase of 5.36% compared to the beginning of the year[6]. - Total liabilities rose to CNY 23.22 billion as of September 30, 2025, compared to CNY 21.94 billion at the end of 2024[20]. - Cash and cash equivalents amounted to CNY 12.55 billion as of September 30, 2025, slightly up from CNY 12.49 billion at the end of 2024[20]. - Inventory increased to CNY 8.27 billion as of September 30, 2025, compared to CNY 7.75 billion at the end of 2024, reflecting a growth of 6.69%[20]. Cash Flow - The company reported a net cash flow from operating activities of CNY 1.83 billion for the year-to-date, a decrease of 8.66% compared to the previous year[6]. - In the first three quarters of 2025, the net cash flow from operating activities was ¥1,825,362,364.40, a decrease of 8.7% compared to ¥1,998,511,578.74 in the same period of 2024[26]. - Total cash inflow from operating activities was ¥43,600,319,831.61, down 1.9% from ¥44,427,827,352.38 year-over-year[26]. - Cash outflow from operating activities totaled ¥41,774,957,467.21, a decrease of 1.5% compared to ¥42,429,315,773.64 in the previous year[26]. - The net cash flow from investing activities was -¥1,234,130,307.64, worsening from -¥978,084,781.09 in the same period last year[26]. - Cash inflow from investing activities was ¥7,540,285,433.78, down 35.4% from ¥11,587,928,314.15 year-over-year[26]. - Cash outflow from investing activities decreased to ¥8,774,415,741.42 from ¥12,566,013,095.24, a reduction of 30.5%[26]. - The net cash flow from financing activities was -¥585,367,520.50, an improvement from -¥1,439,024,641.02 in the previous year[27]. - Total cash inflow from financing activities increased to ¥6,254,916,194.83, up 13.4% from ¥5,518,053,129.57 year-over-year[27]. - The ending balance of cash and cash equivalents was ¥12,517,620,777.87, an increase from ¥10,726,237,135.91 at the end of the previous year[27]. Market and Strategic Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[6]. - The company plans to focus on market expansion and new product development as part of its future strategy[17]. - The company expects fourth-quarter revenue to be similar to the previous year, influenced by a decrease in key material procurement costs for communication products[16]. - The company emphasizes that its future operational goals are subject to uncertainties due to external market conditions[17]. - The company's operating profit margin is expected to remain stable year-over-year despite revenue fluctuations[16]. Shareholder Information - The company has a total of 1,683,749,126 shares held by Huan Cheng Technology Co., Ltd., representing 76.5% of the total shares[15]. - The top ten shareholders include various investment funds and banks, with the largest being Huan Cheng Technology Co., Ltd.[15].