金石资源集团股份有限公司 2025 年第三季度报告 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 证券代码：603505 证券简称：金石资源 金石资源集团股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： | | | 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 | 1,032,749,586.59 | 45.21 | 2,758,308,544.81 | 50.73 | | 利润总额 | 158,637 ...

Financial Performance - The company's revenue for Q3 2025 reached ¥241,699,411.34, representing a year-on-year increase of 34.92%[3] - The total profit for the period was -¥98,875,994.44, with a net profit attributable to shareholders of -¥98,925,756.74[3] - Total operating revenue for the first three quarters of 2025 reached ¥683,587,252.74, an increase of 17.6% compared to ¥581,432,379.45 in the same period of 2024[22] - The net loss for the first three quarters of 2025 was ¥223,857,914.21, an improvement from a net loss of ¥365,319,363.66 in the same period of 2024[24] - Basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.54, an improvement from -¥0.88 in the same period of 2024[24] - Operating profit for the first three quarters of 2025 was a loss of ¥253.86 million, an improvement compared to a loss of ¥363.39 million in 2024, indicating a reduction in losses by about 30.2%[37] - Net profit for the first three quarters of 2025 was a loss of ¥220.97 million, compared to a loss of ¥364.79 million in 2024, reflecting a decrease in net losses by approximately 39.4%[38] Cash Flow - The net cash flow from operating activities was -¥37,178,334.97 for the quarter[3] - Cash inflow from operating activities for the first nine months was CNY 930,240,505.02, an increase from CNY 853,241,184.51 in the same period last year, representing an increase of approximately 9.1%[29] - Cash flow from operating activities for the first three quarters of 2025 was a net outflow of ¥35.84 million, an improvement from a net outflow of ¥83.74 million in 2024[40] - Cash inflow from financing activities was CNY 300,267,385.39, down from CNY 375,320,938.27 year-over-year[30] - Net cash inflow from financing activities was CNY 9,496,421.75, a significant decrease from CNY 160,414,803.15 in the previous year[30] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,228,538,327.05, reflecting a 1.04% increase from the end of the previous year[4] - The company's total assets increased to ¥2,228,538,327.05 from ¥2,205,537,745.47, reflecting a growth of 1.0%[19] - Total liabilities rose to ¥1,744,373,605.17, up from ¥1,497,448,743.34, marking an increase of 16.5%[19] - The company's total equity decreased to CNY 488,979,822.66 from CNY 709,951,538.12 year-over-year[34] Research and Development - Research and development expenses amounted to ¥207,916,539.08, accounting for 86.02% of the revenue, a decrease of 23.76 percentage points compared to the previous year[4] - Research and development expenses amounted to ¥556,733,175.53, slightly down from ¥599,195,843.12, indicating a focus on cost management in R&D[23] - Research and development expenses for the first three quarters of 2025 amounted to ¥560.15 million, slightly down from ¥603.01 million in 2024, indicating a focus on cost management in R&D[37] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,397[10] - The total equity attributable to shareholders decreased by 31.62% to ¥484,164,721.88 compared to the end of the previous year[4] - The company's equity attributable to shareholders decreased to ¥484,164,721.88 from ¥708,089,002.13, a decline of 31.7%[19] Strategic Initiatives - The company is actively exploring new product development and market expansion strategies to enhance growth prospects[14] - Future guidance indicates a commitment to improving operational metrics and financial performance in the upcoming quarters[14] - The company is also considering potential mergers and acquisitions to strengthen its market position and diversify its portfolio[14] Inventory and Receivables - Accounts receivable increased to RMB 140,209,679.67 from RMB 104,145,872.77, indicating a growth of approximately 34.6%[17] - Inventory levels rose to RMB 294,056,576.10, compared to RMB 253,095,021.19, reflecting an increase of about 16.2%[17]

海信家电集团股份有限公司 2025 年第三季度报告 证券代码：000921 证券简称：海信家电 公告编号：2025-067 海信家电集团股份有限公司 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 | | 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） | 22,192,347,533.40 | 1.16% | 71,532,692,515.25 | 1.35% | | 归属于上市公司股东 的净利润（元） | 735,210,961.27 | -5.40% | 2,81 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥216,785,669.96, representing a year-on-year increase of 1.65%[5] - The net profit attributable to shareholders for the same period was ¥23,749,527.05, a decrease of 39.29% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,624,696.69, down 80.16% year-on-year[5] - The company’s basic earnings per share for the reporting period was ¥0.17, a decrease of 37.04% compared to the same period last year[5] - The company's net profit decreased by 41.13% year-on-year, amounting to ¥73,866,474.55, compared to ¥125,473,091.01 in the previous period[15] - Total revenue fell by 43.26% year-on-year, with a total profit of ¥82,645,389.65, down from ¥145,647,854.19[15] - Basic and diluted earnings per share decreased by 41.86%, from ¥0.86 to ¥0.50[15] - The total comprehensive income decreased by 40.88% year-on-year, totaling ¥74,177,307.50 compared to ¥125,473,091.01 previously[15] - The company reported an increase in asset impairment losses by 150.34%, amounting to ¥8,978,699.69 due to increased inventory write-downs[15] - The total operating revenue for the current period is ¥590,831,593.53, a decrease of 7.6% compared to ¥639,753,549.32 in the previous period[29] - Net profit for the current period is ¥73,866,474.55, down 41.2% from ¥125,473,091.01 in the previous period[30] - Basic and diluted earnings per share decreased to ¥0.50 from ¥0.86 in the previous period[30] - The total comprehensive income for the current period is ¥74,177,307.50, down from ¥125,473,091.01 in the previous period[30] Assets and Liabilities - The total assets at the end of the reporting period reached ¥4,023,399,569.55, an increase of 29.51% from the end of the previous year[5] - The company's total liabilities as of September 30, 2025, were 974,836,487.86 yuan, compared to 281,583,250.35 yuan at the beginning of the period[27] - The company's total equity attributable to shareholders was 2,841,384,037.23 yuan, showing a slight increase from 2,825,153,025.39 yuan at the beginning of the period[28] - The company's cash and cash equivalents decreased to 245,078,796.21 yuan from 258,546,071.72 yuan at the beginning of the period[26] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable by 47.28% to ¥337,872,444.95, primarily due to the consolidation of Jiangsu Damo Semiconductor Technology Co., Ltd.[12] - Accounts receivable increased significantly to 337,872,444.95 yuan from 229,402,630.54 yuan at the beginning of the period, indicating improved sales performance[26] - Inventory surged by 525.68% to ¥824,366,819.45, also attributed to the consolidation of Damo Semiconductor[12] - Inventory surged to 824,366,819.45 yuan from 131,755,296.07 yuan at the beginning of the period, reflecting increased production or stockpiling[26] Cash Flow - The company’s cash flow from operating activities for the year-to-date was ¥121,177,612.95, reflecting a decline of 30.57%[5] - Cash received from sales of goods and services was ¥564,810,692.22, a decline of 8.5% from ¥617,522,921.57 in the previous period[32] - Operating cash inflow totaled $662,971,894.17, a decrease of 8.96% from $728,122,029.04 in the previous period[33] - Net cash outflow from operating activities was $541,794,281.22, resulting in a net cash flow from operating activities of $121,177,612.95, down 30.54% from $174,535,230.44[33] - Cash inflow from investment activities reached $3,194,972,857.70, significantly up from $964,769,797.50, marking a 231.36% increase[33] - Net cash outflow from investment activities was $3,171,727,617.30, leading to a net cash flow from investment activities of $23,245,240.40, compared to a negative $1,804,778,951.46 in the previous period[33] - Cash inflow from financing activities amounted to $11,251,166.67, an increase from $791,956.16[34] - Net cash outflow from financing activities was $138,053,245.18, compared to $192,182,296.52 in the previous period, indicating a reduction of 28.19%[34] - The net increase in cash and cash equivalents was $21,627,307.95, contrasting with a significant decrease of $1,815,163,520.59 previously[34] - The ending balance of cash and cash equivalents stood at $239,300,526.82, up from $153,973,173.06[34] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,851[17] - The largest shareholder, Zhang Zhijiang, holds 31.92% of the shares, totaling 45,472,698 shares[17] - The company has a total of 50,292,198 restricted shares at the end of the reporting period[20] Market Conditions and Regulatory Issues - The company is facing intensified market competition and international trade friction, impacting sales volume and gross margin[15] - The U.S. Department of Commerce initiated anti-dumping and countervailing investigations on certain low-speed personal transportation vehicles imported from China, affecting the company's electric vehicle exports to the U.S.[23] - The final ruling of the "double-reverse" investigation resulted in an anti-dumping tax rate of 119.39% and a countervailing tax rate of 31.45% applicable to the company[24] Consolidation and Acquisitions - The company used a total of 530.4 million yuan in excess fundraising to acquire 51% of Jiangsu Damo Semiconductor Technology Co., Ltd. through equity transfer and capital increase[21] - After the completion of the transaction in September 2025, Damo Semiconductor became a subsidiary of the company and was included in the consolidated financial statements[22] Accounting Standards - The company did not undergo an audit for the third quarter financial report[35] - The new accounting standards will be implemented starting in 2025, but the company has opted not to apply them for the current period[35]

Financial Performance - The company's operating revenue for the third quarter was ¥655,150,146.64, representing a year-on-year increase of 2.11%[4] - The total profit for the third quarter was a loss of ¥8,251,278.75, with a net profit attributable to shareholders of ¥-16,414,981.29, a decrease of 1,207.69% compared to the same period last year[4] - The basic earnings per share for the third quarter was -¥0.05, a decrease of 600% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2025 reached ¥1,919,292,622.18, an increase of 9.34% compared to ¥1,754,998,548.83 in the same period of 2024[19] - Operating profit for the first three quarters of 2025 was ¥27,544,361.01, a significant recovery from a loss of ¥31,862,281.45 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥21,924,980.50, compared to a net loss of ¥15,059,192.01 in 2024, indicating a turnaround in profitability[20] - Earnings per share for the first three quarters of 2025 were ¥0.07, compared to a loss per share of ¥0.05 in the same period of 2024[21] - The company reported a total comprehensive income of ¥19,697,026.67 for the first three quarters of 2025, compared to a loss of ¥14,837,522.42 in 2024[21] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥278,710,176.86, an increase of 70.21% year-on-year[4] - Cash inflow from operating activities for the first three quarters of 2025 reached approximately $2.12 billion, a significant increase from $1.56 billion in the same period of 2024, representing a growth of 35.4%[25] - Net cash flow from operating activities for the first three quarters of 2025 was approximately $278.71 million, compared to $163.74 million in 2024, indicating a year-over-year increase of 70%[25] - Cash received from other operating activities amounted to approximately $26.46 million in the first three quarters of 2025, compared to $20.70 million in 2024, reflecting a growth of 27.3%[25] - The company reported a cash inflow of approximately $45.38 million from tax refunds in the first three quarters of 2025, up from $24.13 million in 2024, indicating an increase of 88.1%[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,560,305,022.67, reflecting a 6.35% increase from the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥1,336,103,515.62, an increase from ¥1,230,704,178.62 as of December 31, 2024[16] - Total current liabilities increased to ¥1,931,646,857.08 from ¥1,735,283,985.43, reflecting a growth of approximately 11.3%[17] - The company reported a significant increase in accounts payable, which rose to ¥676,824,678.75 from ¥621,319,078.29[17] - The company's total liabilities as of the end of September 2025 were ¥2,198,513,147.81, an increase from ¥2,006,908,631.10 at the end of September 2024[20] - Total equity attributable to shareholders of the parent company increased to ¥1,361,352,288.19 from ¥1,340,648,674.19 year-on-year[20] Operational Insights - The increase in operating revenue year-to-date was attributed to a rise in sales and gross margin improvements[10] - The company experienced a decline in net profit due to rising raw material prices and a decrease in gross margin[9] - The company has not disclosed any new product developments or market expansion strategies in this report[1] - The company has not reported any changes in shareholder relationships or participation in margin trading activities[13] - The company implemented new accounting standards starting in 2024, which resulted in an increase in operating costs by ¥2,091,903.51 for the previous year, without affecting profits[22] Investment Activities - Total cash outflow from investing activities in the first three quarters of 2025 was approximately $214.29 million, up from $92.61 million in 2024, reflecting a rise of 131.5%[26] - Net cash flow from investing activities for the first three quarters of 2025 was negative at approximately -$178.39 million, worsening from -$90.51 million in 2024[26] - The company received approximately $35.90 million in cash related to investment activities in the first three quarters of 2025, compared to $2.10 million in 2024, showing a substantial increase[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 16,953[12] - The largest shareholder, Junya Enterprise Co., Ltd., holds 187,494,500 shares, representing 57.46% of total shares[12]

Financial Performance - The company's operating revenue for the third quarter reached ¥10,186,600,883.26, representing a 205.27% increase year-over-year[2] - The net profit attributable to shareholders was -¥404,456,402.50, a 64.72% increase in losses compared to the same period last year[2] - The net cash flow from operating activities was -¥3,804,299,497.60, showing an 11.29% decrease compared to the previous year[2] - The company's basic earnings per share were -¥0.2529, reflecting a 64.71% increase in losses year-over-year[2] - The weighted average return on net assets was -3.94%, a decrease of 4.89% compared to the previous year[2] - The net profit for the current period was a loss of ¥1,380,603,209.32, compared to a loss of ¥1,936,756,897.71 in the previous period, indicating an improvement[17] - The total comprehensive income for the current period was -¥1,380,603,209.32, compared to -¥1,936,756,897.71 in the prior period, showing a reduction in losses[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥24,472,045,387.83, a decrease of 12.82% from the end of the previous year[2] - Total current assets decreased from 14,435,407,013.31 to 11,522,691,743.63, a reduction of approximately 20%[12] - Total liabilities increased significantly, with current liabilities due within one year rising by 118.14% to ¥7,234,626,488.15[6] - Total liabilities increased, indicating a potential increase in financial leverage and risk exposure[13] - The total liabilities decreased to ¥13,736,822,837.89 from ¥15,950,348,646.56, reflecting a reduction of approximately 13.5%[14] - The total equity attributable to shareholders decreased to ¥10,079,945,292.34 from ¥11,480,219,430.44, a decline of about 12.2%[14] Cash Flow - Cash inflows from operating activities were ¥34,692,465,159.12, an increase from ¥27,860,483,615.35 in the previous period, representing a growth of 24.5%[19] - The net cash flow from operating activities was -3.80 billion, compared to -3.42 billion in the previous period, indicating a decline in operational performance[20] - Total cash outflow from operating activities amounted to 38.50 billion, up from 31.28 billion, reflecting increased operational expenses[20] - The net cash flow from investing activities was -313.40 million, an improvement from -574.02 million, suggesting better investment management[20] - Cash inflow from financing activities was 6.10 billion, significantly higher than 1.81 billion in the previous period, indicating increased borrowing[20] - The total cash outflow from financing activities reached 6.73 billion, compared to 2.35 billion, highlighting higher debt repayments[20] - The net cash flow for the period was -4.74 billion, slightly worse than -4.53 billion previously, showing ongoing cash challenges[20] - The ending cash and cash equivalents balance was 3.33 billion, down from 4.90 billion, indicating a decrease in liquidity[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 44,209[10] - The largest shareholder, Northern Huajin Chemical Industry Group Co., Ltd., holds 27.16% of shares, totaling 434,445,409 shares[10] Operational Insights - The company reported a 94.65% increase in prepayments, amounting to ¥1,501,548,885.32, due to increased normal business operations[6] - Investment income increased by 94.81% to ¥3,755,806.20, influenced by the performance of associated enterprises[7] - The company experienced a 238.81% increase in cash received from borrowings, totaling ¥6,098,574,446.09, indicating significant borrowing activity[8] - Research and development expenses were ¥122,408,935.03, slightly down from ¥131,412,587.96, indicating a decrease of 6.5%[17] Future Considerations - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[21] - The third quarter financial report remains unaudited, which may affect stakeholder confidence[21]

Financial Performance - The company's operating revenue for Q3 2025 was ¥123,323,351.20, representing a year-on-year increase of 16.04%[5] - The net profit attributable to shareholders for Q3 2025 was ¥16,872,960.39, a decrease of 23.25% compared to the same period last year[5] - The basic earnings per share for Q3 2025 was ¥0.1689, down 23.26% year-on-year[5] - Total operating revenue for the current period reached ¥342,367,364.41, an increase of 9.8% compared to ¥311,819,752.78 in the previous period[21] - Net profit for the current period was ¥42,052,336.89, a decrease of 3.4% from ¥43,523,359.22 in the previous period[22] - Total comprehensive income for the period was CNY 42,052,336.89, a decrease from CNY 43,523,359.22 in the previous period, representing a decline of approximately 3.4%[23] - Basic and diluted earnings per share decreased to CNY 0.4222 from CNY 0.4382, reflecting a decline of about 3.9%[23] Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥849,409,247.99, reflecting a 2.97% increase from the end of the previous year[5] - Non-current assets totaled ¥403,753,801.27, up from ¥349,384,352.00, indicating a growth of 15.6%[20] - Total liabilities decreased slightly to ¥227,386,523.72 from ¥231,730,160.53, a reduction of 1.5%[20] - The company’s total equity attributable to shareholders increased by 4.90% to ¥620,091,661.00 compared to the end of the previous year[5] Cash Flow - The company reported a significant decrease in cash flow from operating activities, with a net cash flow of ¥31,529,696.84, down 59.35% year-on-year[11] - Cash inflows from operating activities totaled CNY 250,331,324.08, down from CNY 277,359,554.11, indicating a decrease of approximately 9.7%[23] - Net cash flow from operating activities was CNY 31,529,696.84, significantly lower than CNY 77,560,398.17 from the previous period, a decline of about 59.3%[23] - Cash inflows from investment activities were CNY 313,037,536.36, compared to CNY 390,387,799.50, a decrease of approximately 19.8%[24] - Net cash flow from investment activities was -CNY 92,413,691.75, an improvement from -CNY 184,126,555.42 in the previous period, indicating a reduction in losses[24] - Cash and cash equivalents at the end of the period amounted to CNY 98,215,277.03, an increase from CNY 66,744,410.12, reflecting a growth of approximately 47.1%[24] - Cash outflows from financing activities totaled CNY 47,026,538.62, down from CNY 69,587,712.25, indicating a decrease of about 32.5%[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 4,993[13] - The largest shareholder, Wang Shibin, holds 53.90% of shares, totaling 53,850,000 shares[13] - The second largest shareholder, Jiang Xue, holds 13.89% of shares, totaling 13,875,000 shares[13] - The number of shares held by the top ten shareholders does not include shares lent through margin trading[14] - Wang Shibin and Jiang Xue are identified as a married couple, indicating a potential influence on shareholder dynamics[14] - The total number of restricted shares at the end of the period is 52,031,250 shares, with no new restrictions added[16] - The company has not disclosed any significant changes in shareholder relationships or actions regarding share lending[14] Research and Development - The company’s research and development expenses increased by 35.73% to ¥21,652,460.44, attributed to higher investment in R&D[10] - Research and development expenses increased to ¥21,652,460.44, compared to ¥15,953,155.45, marking a rise of 35.5%[21] Other Financial Metrics - The company experienced a 123.01% increase in accounts payable, reaching ¥42,603,947.79, primarily due to an increase in bank acceptance bills payable[9] - The company’s investment income decreased by 63.51% to ¥974,156.57, mainly due to reduced gains from the disposal of financial products[10] - The company reported a 268.13% increase in contract liabilities, amounting to ¥88,187.93, due to pre-received contract payments[9] - Total liquid assets decreased from 475,509,454.70 CNY to 445,655,446.72 CNY, a decline of approximately 6.5%[18] - Accounts receivable increased from 103,711,550.13 CNY to 140,682,565.36 CNY, an increase of about 35.6%[18] - Inventory increased from 51,395,258.57 CNY to 54,914,570.25 CNY, an increase of approximately 10.2%[18] Future Plans and Standards - The company plans to expand its market presence and invest in new technologies to drive future growth[21] - The company plans to implement new accounting standards starting in 2025, which may impact financial reporting[25] - The company did not undergo an audit for the third quarter financial report[25]

石家庄常山北明科技股份有限公司 2025 年第三季度报告 证券代码：000158 证券简称：常山北明 公告编号：2025-064 石家庄常山北明科技股份有限公司 公司是否需追溯调整或重述以前年度会计数据 是 □否 追溯调整或重述原因 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、董事及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 石家庄常山北明科技股份有限公司 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 同一控制下企业合并 | | | | | 本报告 | | | | 年初至 报告期 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 本报告期 | 上年同期 | | 期比上 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥616,199,648.52, representing a 16.60% increase year-over-year[3]. - Net profit attributable to shareholders for Q3 2025 reached ¥83,332,582.57, a significant increase of 232.47% compared to the same period last year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥49,456,601.09, up 105.99% year-over-year[3]. - The basic earnings per share for Q3 2025 was ¥0.1671, reflecting a 236.90% increase from the previous year[3]. - In the first three quarters of 2025, the company achieved operating revenue of CNY 155,287.69 million, a year-on-year increase of 12.00%[22]. - The net profit attributable to shareholders for the first three quarters of 2025 was CNY 11,074.02 million, representing a significant year-on-year growth of 246.98%[22]. - Total operating revenue for the current period reached ¥1,552,876,850.02, an increase of 12% compared to ¥1,386,509,990.94 in the previous period[33]. - Net profit for the current period was ¥107,202,392.03, significantly higher than ¥30,876,288.56 in the previous period, marking an increase of 247%[34]. - Earnings per share (EPS) for the current period was ¥0.2221, compared to ¥0.0631 in the previous period, indicating a substantial improvement[35]. Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥2,233,699,060.86, an increase of 4.98% from the end of the previous year[3]. - The company's total current liabilities as of September 30, 2025, were CNY 560,733,784.15, compared to CNY 484,056,259.74 at the beginning of the period[30]. - The company's total liabilities decreased slightly to ¥807,271,615.80 from ¥816,487,771.74, a reduction of about 1.3%[31]. - The company's equity attributable to shareholders increased to ¥1,408,822,874.41, marking an 8.53% rise compared to the previous year[5]. - Total equity attributable to shareholders increased to ¥1,408,822,874.41 from ¥1,298,114,927.54, reflecting a growth of approximately 8.5%[31]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥139,465,688.51, showing a 50.11% increase[3]. - Net cash flow from operating activities rose by 50.11% to 139,465,688.51, mainly due to an increase in customer payments[18]. - Cash inflow from operating activities totaled ¥1,709,043,940.47, compared to ¥1,495,682,758.72 in the previous period, representing a growth of 14%[37]. - The net cash flow from investing activities improved by 82.72% to -18,722,597.38, influenced by an increase in management financial products[18]. - The net cash flow from financing activities decreased by 83.39% to -31,430,227.10, primarily due to the release of pledged funds[18]. - The ending cash and cash equivalents balance was $511,206,173.96, compared to $465,542,331.75 at the end of the previous period, showing an increase of about 9.8%[38]. Investments and Expenses - The company reported a significant increase in other receivables, which rose by 1426.97% to ¥152,829,615.12 due to land use rights transfer[12]. - The company’s long-term equity investments decreased by 100% as it no longer holds decision-making power over a previously invested enterprise[12]. - The company’s contract liabilities increased by 50.27% to ¥30,332,941.79, attributed to an increase in customer prepayments[12]. - Financial expenses decreased by 112.99% to -633,925.48, primarily due to a reduction in loan principal and interest expenses compared to the previous year[16]. - Other income fell by 46.08% to 8,642,380.15, mainly due to reduced VAT incentives for manufacturing enterprises[16]. - Investment income surged by 10,296% to 7,681,605.28, attributed to the reclassification of long-term equity investments to other non-current financial assets[16]. - Research and development expenses rose to ¥53,826,150.83, up from ¥46,387,229.07, indicating a commitment to innovation[34]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,264[20]. - The largest shareholder, Nosbel (Hong Kong) Nonwoven Products Co., Ltd., holds 9.17% of shares, totaling 47,392,045 shares[20]. Project Developments - The company has decided to terminate the construction of the 148-acre industrial park project and will negotiate with government departments to recover the land use rights[23]. - A new cooperation agreement was signed with Miga Technology to jointly develop the 148-acre land project, with a total transfer price of CNY 163,116,000[24]. - As of October 15, 2025, the company received a total of CNY 145,116,000 for the land transfer, completing the disposal of the 148-acre project[25]. - The company reduced its investment in the Baojiehui Fund from CNY 10 million to CNY 9.046 million, adjusting its shareholding to 3.4768%[26]. Other Information - The company’s third-quarter financial report was not audited[40].

Financial Performance - The company's revenue for Q3 2025 reached ¥371,235,075.20, representing a 3.42% increase year-over-year[4] - Net profit attributable to shareholders was ¥10,098,887.50, a significant increase of 252.41% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥4,012,810.45, up 245.47% year-over-year[4] - Basic earnings per share (EPS) for the quarter was ¥0.05, reflecting a 400.00% increase compared to the same quarter last year[4] - Total operating revenue for the current period reached ¥1,012,211,743.79, an increase of 6.3% compared to ¥952,812,552.48 in the previous period[23] - Net profit attributable to shareholders of the parent company was ¥35,005,165.87, a significant increase of 67.5% from ¥20,946,075.03 in the previous period[24] - The company reported a total comprehensive income of ¥49,586,545.76, up from ¥29,495,380.37, reflecting a growth of 68.2%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,921,901,541.01, an increase of 2.12% from the end of the previous year[4] - The company’s total assets reached ¥3,921,901,541.01, an increase from ¥3,840,659,023.08, indicating a growth of 2.1%[22] - Total liabilities increased to ¥1,167,388,086.19 from ¥1,103,330,655.07, marking a rise of 5.8%[22] - Total current liabilities increased to 1,060,569,108.56 yuan from 1,023,327,521.39 yuan, showing a rise of approximately 3.7%[21] Cash Flow - The company reported a net cash flow from operating activities of -¥23,549,614.21 for the year-to-date, a decrease of 45.43%[4] - Cash flow from operating activities showed a net outflow of ¥23,549,614.21, an improvement from a net outflow of ¥43,157,531.14 in the previous period[25] - The net cash flow from financing activities was $59,719,368.28, a recovery from a negative cash flow of -$92,447,962.68 in the previous period[26] - The cash and cash equivalents at the end of the period totaled $342,455,758.70, up from $219,122,385.61, reflecting an increase of about 56.2%[26] Investments and Equity - Long-term equity investments rose by 240.93% to approximately ¥38.21 million, attributed to new joint ventures[9] - The company’s cash flow from financing activities increased by 164.60% to approximately ¥59.72 million, primarily due to increased borrowings[9] - The company completed the repurchase and cancellation of 1,634,490 restricted stocks due to unfulfilled performance conditions and other reasons[15] - The company acquired 60% equity of Shenzhen Zhongrentong Testing Technology Co., Ltd. for 21 million yuan, completing the transaction by August 14, 2025[18] Inventory and Costs - The company’s inventory increased by 49.43% to ¥48,949,098.43, primarily due to production preparations by subsidiaries[8] - Total operating costs amounted to ¥979,943,493.75, up from ¥939,582,875.53, reflecting a rise of 4.3%[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,191, with no preferred shareholders[11] - The largest shareholder, Yang Jiangjin, holds 12.44% of the shares, totaling 23,027,052 shares[11] Other Financial Metrics - The weighted average return on equity (ROE) was 0.39% for the quarter, compared to 0.28% in the previous year[4] - The company recognized government subsidies amounting to ¥1,202,260.09 during the quarter, contributing to its financial performance[5] - The total non-recurring gains and losses for the quarter amounted to ¥6,086,077.05, with significant contributions from financial asset disposals and government subsidies[5] - Financial expenses increased by 232.66% to approximately ¥5.85 million, mainly due to a decrease in interest income[9] Project Updates - The company terminated the "Regional Laboratory Construction Project" due to changes in industry conditions and project progress, with remaining funds temporarily held[16] - The company plans to actively research and discuss suitable investment projects for the remaining raised funds[16] Accounting Standards - The company did not have an audited financial report for the third quarter[27] - The new accounting standards will be first implemented starting in 2025[28]