Revenue and Profit - Revenue for Q3 2025 reached CNY 1,979,514,309.66, an increase of 15.55% year-over-year, while year-to-date revenue was CNY 5,535,299,448.28, up 12.92% compared to the same period last year[4] - Net profit attributable to shareholders decreased by 9.92% in Q3 2025 to CNY 257,831,003.07, and year-to-date net profit fell by 13.89% to CNY 788,714,267.39[4] - The net profit excluding non-recurring items for Q3 2025 was CNY 253,283,569.96, reflecting a 12.67% increase year-over-year, while year-to-date it rose by 22.63% to CNY 725,194,970.39[4] - The company's net profit margin decreased, with a reported investment loss of ¥7,738,689.35 compared to a gain of ¥211,780,115.53 in the previous period[23] - The net profit for the current period is ¥902,066,567.30, a decrease of 10.8% compared to ¥1,011,054,140.71 in the previous period[24] - The total profit for the current period is ¥1,090,414,476.08, down from ¥1,201,249,048.67, a decrease of 9.2%[24] - Basic earnings per share decreased to ¥0.340 from ¥0.447, reflecting a decline of 24.1%[24] Cash Flow and Operating Activities - The company reported a net cash flow from operating activities of CNY 2,227,794,220.00 for the year-to-date period, representing a 45.51% increase[4] - The company’s cash flow from operating activities showed a strong performance, with a year-to-date increase of 45.51%[4] - Cash flow from operating activities increased to ¥2,227,794,220.00, compared to ¥1,531,020,029.93 in the previous period, representing a growth of 45.5%[26] - Cash received from operating activities decreased by CNY 19,809.40 million, representing a decline of 31.84% due to reduced government subsidies[14] - The net cash flow from financing activities was ¥168,419,255.71, a decrease of 82.7% compared to ¥972,300,154.93 in the previous period[26] Assets and Liabilities - Total assets as of the end of Q3 2025 were CNY 37,603,276,719.62, a 4.79% increase from the end of the previous year[4] - Current assets increased to ¥5,949,113,493.10 from ¥5,109,769,026.53, marking a growth of 16.38%[20] - Non-current assets totaled ¥31,654,163,226.52, up from ¥30,773,677,758.96, indicating a rise of 2.86%[21] - Total liabilities increased to ¥16,452,763,687.51 from ¥16,002,438,506.55, reflecting a growth of 2.80%[22] - Shareholders' equity attributable to the parent company increased by 7.52% year-over-year to CNY 18,946,305,937.90[4] - The company's equity attributable to shareholders rose to ¥18,946,305,937.90 from ¥17,621,736,791.95, an increase of 7.51%[22] Investments and Expenses - Research and development expenses for the year-to-date period were CNY 2,932.48 million, a 51.00% increase compared to the previous year[11] - The company reported a significant decrease in investment income, reporting a loss of CNY 773.87 million, down 103.65% year-over-year[11] - The company reported a significant increase in research and development expenses, which rose to ¥29,324,756.24 from ¥19,419,938.72, a growth of 51.06%[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 59,370[16] - The largest shareholder, Guangxi Beibu Gulf International Port Group Co., Ltd., holds 54.87% of the shares, totaling 1,300,340,832 shares[16] Corporate Changes - The company has canceled its supervisory board, transferring its responsibilities to the audit committee of the board of directors[18] Financing Activities - Cash inflow from financing activities decreased by CNY 263,270.96 million, a drop of 52.57% primarily due to last year's fundraising through stock issuance[14] - Cash outflow for debt repayment decreased by CNY 152,904.27 million, down 47.38% compared to the previous year[14] - The company obtained bank loans totaling CNY 237,536.24 million, an increase of 65.42% compared to the previous year[14] Cash and Cash Equivalents - Cash and cash equivalents decreased by CNY 88,884.22 million, a decline of 53.50% due to last year's stock fundraising[14] - Cash and cash equivalents at the end of the period amounted to ¥4,068,144,592.34, an increase from ¥3,794,361,550.20[26]

Financial Performance - The company's operating revenue for Q3 2025 was ¥105,324,572.20, representing a 12.70% increase year-over-year[5] - Net profit attributable to shareholders decreased by 55.32% to ¥7,730,349.03 compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥7,537,543.58, down 53.15% year-over-year[5] - The basic and diluted earnings per share were both ¥0.0536, a decrease of 68.23% compared to the previous year[5] - Total operating revenue for the current period reached ¥293,751,648.88, an increase of 11.99% compared to ¥262,337,274.40 in the previous period[24] - Net profit for the current period is 26,613,567.34, a decrease of 15.1% compared to 31,516,329.03 in the previous period[25] - Total comprehensive income for the current period is 26,257,335.02, down from 30,414,118.78, reflecting a decline of 13.5%[26] - Basic and diluted earnings per share are both 0.1850, compared to 0.2196 in the previous period, indicating a decrease of 15.7%[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,005,555,831.54, an increase of 3.21% from the end of the previous year[5] - The company's total equity attributable to shareholders decreased by 2.74% to ¥602,925,551.34 compared to the end of the previous year[5] - Total liabilities reached ¥402,630,280.20, up from ¥354,342,209.43, showing an increase in financial obligations[23] - The total assets of the company stood at ¥1,005,555,831.54, compared to ¥974,281,514.25 in the previous period, indicating growth[23] Cash Flow - Cash flow from operating activities showed a net outflow of ¥12,713,766.96, a decline of 117.94% year-to-date[5] - Cash flow from operating activities shows a net outflow of -12,713,766.96, contrasting with a net inflow of 70,863,742.75 in the previous period[27] - Cash flow from investing activities results in a net outflow of -74,388,156.54, compared to -28,553,942.17 in the previous period, indicating increased investment expenditures[27] - Cash flow from financing activities shows a net outflow of -8,665,830.18, an improvement from -102,011,138.94 in the previous period[27] - Total cash and cash equivalents at the end of the period is 124,344,328.17, down from 218,547,622.99, a decrease of 43.1%[27] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 9,928[13] - The largest shareholder, Xie Wei, holds 33.61% of shares, totaling 48,552,000 shares[13] - The company has a total of 13,566,000 restricted shares held by Xu Jianying, with 3,876,000 shares added during the period[16] Government Support and Acquisitions - The company received government subsidies amounting to ¥200,368.59 during the reporting period[6] - The company plans to acquire 100% equity of Beijing Silin Semiconductor Technology Co., Ltd., which may constitute a significant asset restructuring[17] - The cash acquisition agreement was signed on August 18, 2025, and Silin will become a wholly-owned subsidiary upon completion[17] - The company is currently in the planning stage for the acquisition, with potential risks related to external environmental changes[18] Operating Costs and Expenses - Total operating costs amounted to ¥267,097,090.82, up 13.36% from ¥235,635,938.68 in the prior period[24] - Research and development expenses increased to ¥38,118,297.58, reflecting a rise of 11.16% from ¥34,212,627.27 year-over-year[24] - The company reported a financial expense of ¥691,824.55, contrasting with a financial income of -¥557,238.38 in the previous period[24] - The tax and additional charges amounted to ¥3,359,582.54, up from ¥2,771,565.98, reflecting increased tax obligations[24] Other Financial Metrics - The company reported a significant increase in trading financial assets, rising by 366.67% to ¥70,000,000.00 due to unredeemed financial products[9] - The company's short-term borrowings increased by 83.96% to ¥91,400,000.00, primarily due to new loans taken during the period[9] - Cash and cash equivalents decreased to 133,939,190.95 RMB from 232,946,563.70 RMB[19] - Accounts receivable increased to 294,676,120.16 RMB from 254,670,997.33 RMB[19] - Inventory increased to 201,223,735.76 RMB from 171,503,304.29 RMB[19] - Other comprehensive income after tax attributable to the parent company is -356,232.32, an improvement from -1,102,210.25 in the previous period[25] Audit Status - The company has not undergone an audit for the third quarter financial report[28]

Revenue and Profitability - Revenue for Q3 2025 was CNY 816,284,048.30, a decrease of 5.93% compared to the same period last year[5] - Net profit attributable to shareholders increased by 187.18% to CNY 132,065,139.21 in Q3 2025[5] - Basic and diluted earnings per share rose by 185.19% to CNY 0.23 for Q3 2025[5] - Total profit for the year-to-date was CNY 429,303,163.93, an increase of 61.47% compared to the previous year[10] - Net profit for the current period is ¥405,203,107.44, representing an increase of 37.24% from ¥294,990,272.48 in the previous period[23] - Total comprehensive income for the current period is ¥405,041,281.88, an increase from ¥294,763,226.64 in the previous period[23] Assets and Liabilities - Total assets as of September 30, 2025, reached CNY 6,122,584,245.72, reflecting a growth of 7.58% from the end of the previous year[5] - Current assets totaled CNY 5,071,966,826.50, up from CNY 4,614,748,661.67, indicating an increase of about 9.9%[19] - Total liabilities increased to CNY 1,784,456,975.33 from CNY 1,496,324,319.66, marking an increase of about 19.3%[20][21] - The company's equity attributable to shareholders reached CNY 4,336,707,262.01, up from CNY 4,197,388,135.19, showing an increase of approximately 3.3%[21] Cash Flow - Cash flow from operating activities showed a significant decline of 79.86%, totaling CNY 58,654,346.89 for the year-to-date[5][10] - Cash flow from operating activities generated a net cash inflow of ¥58,654,346.89, a significant decrease from ¥291,261,036.52 in the previous period[24] - Cash flow from investing activities resulted in a net cash outflow of ¥1,101,771,949.82, compared to a net outflow of ¥637,517,353.35 in the previous period[24] - Cash and cash equivalents at the end of the period totaled ¥2,305,133,845.77, down from ¥2,801,920,274.79 at the end of the previous period[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 52,329[12] - Liu Xiang holds 24.32% of shares, totaling 137,946,987 shares[12] - The top 10 shareholders collectively hold significant stakes, with the largest shareholder holding over 24%[12] - The total number of restricted shares held by Liu Xiang is 103,460,240, which is subject to a 75% lock-up[15] - The total number of restricted shares held by Jiang Han is 27,359,104, also subject to a 75% lock-up[15] Investment and Impairment - Investment income rose by 34.89% to CNY 50,444,099.06, driven by higher returns from financial products[9][10] - The company reported a net loss from investment impairment of CNY 14,956,598.12, primarily due to goodwill impairment related to a subsidiary[10] Accounting and Reporting - The third quarter financial report of Shenzhen Xinguodu Co., Ltd. has not been audited[26] - The new accounting standards will be implemented starting from 2025[26] - The financial statement items related to the first year of implementation will be adjusted accordingly[26] - The board of directors announced the financial report on October 28, 2025[26]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥54,971,036.72, an increase of 27.51% year-over-year[5] - Net profit attributable to shareholders was ¥2,585,245.18, a significant increase of 324.90% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥874,130.94, up 123.97% year-over-year[5] - Total operating revenue for the current period reached ¥156,702,250.04, an increase of 1.34% compared to ¥153,669,464.95 in the previous period[22] - Net profit for the current period was ¥3,242,477.18, a decrease of 62.38% from ¥8,621,446.74 in the previous period[23] - Earnings per share (EPS) for the current period was ¥0.02, down from ¥0.06 in the previous period[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥996,916,169.89, a decrease of 6.00% from the end of the previous year[5] - Total assets decreased from ¥1,060,578,293.24 to ¥996,916,169.89, a decline of approximately 6.01%[20] - Total liabilities increased from ¥222,009,126.03 to ¥195,238,793.00, a decrease of about 12.06%[20] - The company's long-term equity investments amounted to ¥30,366,058.78, down from ¥80,174,286.98, indicating a significant reduction of 62.14%[20] - The total owner's equity decreased from ¥838,569,167.21 to ¥801,677,376.89, a decline of approximately 4.40%[20] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥38,849,316.40, a decline of 54.44% compared to the same period last year[10] - Operating cash inflow for the current period was CNY 246,131,826.33, an increase of 8.3% from CNY 226,749,291.17 in the previous period[25] - Net cash flow from operating activities was negative CNY 38,849,316.40, worsening from negative CNY 25,154,945.67 in the previous period[26] - Cash inflow from investment activities was CNY 113,934,257.81, significantly up from CNY 20,000,000.00 in the previous period[26] - Net cash flow from investment activities improved to CNY 41,796,647.31 from negative CNY 57,880,497.93 in the previous period[26] - Cash inflow from financing activities totaled CNY 30,118,314.24, compared to CNY 4,273,026.67 in the previous period[26] - Net cash flow from financing activities was negative CNY 20,541,126.15, an improvement from negative CNY 45,414,865.52 in the previous period[26] - The ending cash and cash equivalents balance was CNY 226,845,004.14, up from CNY 166,590,806.30 in the previous period[26] - The company received CNY 8,100,804.51 in tax refunds, an increase from CNY 5,708,737.73 in the previous period[25] - Total cash outflow from operating activities was CNY 284,981,142.73, compared to CNY 251,904,236.84 in the previous period[25] - Cash paid for purchasing goods and services was CNY 117,725,820.25, an increase from CNY 98,587,664.47 in the previous period[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 17,815[12] - The top two shareholders, Zheng Leguan and Zhang Anquan, hold 13.17% and 12.93% of shares respectively, with holdings of 27,004,631 and 26,521,790 shares[12] - The total number of restricted shares for Zheng Leguan increased to 22,828,973, while Zhang Anquan's increased to 21,855,083[15] - The company has a total of 43,594,194 restricted shares at the beginning of the period, with 18,079,450 shares released during the period[16] - The number of shares held by the top ten unrestricted shareholders includes 8,718,395 shares held by Nanjing Jiajing Enterprise Management Partnership[12] - The company has not disclosed any significant changes in the top ten shareholders' participation in margin trading[13] Expenses - Research and development expenses increased by 4.91% to ¥25,864,504.73, reflecting the company's commitment to innovation[9] - Research and development expenses for the current period were ¥25,864,504.73, compared to ¥24,653,423.01 in the previous period, reflecting an increase of 4.92%[22] - The company experienced a 30.10% reduction in financial expenses, amounting to -¥3,370,601.73, due to lower deposit balances and bank investment rates[9] Inventory and Receivables - The company’s inventory increased by 30.06% to ¥180,409,830.24, indicating a rise in project stockpiling[9] - Accounts receivable decreased from ¥219,334,941.76 to ¥179,431,122.04, indicating a reduction of approximately 18.2%[18] - Inventory increased from ¥138,707,835.92 to ¥180,409,830.24, reflecting a growth of about 30%[18] - Total current assets decreased slightly from ¥704,963,296.95 to ¥696,981,575.62[18]

Financial Performance - The company's operating revenue for the third quarter reached ¥46,738,952.48, representing a year-on-year increase of 53.63%[5] - The net profit attributable to shareholders was ¥966,377.66, a significant increase of 136.34% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥416,251.51, up 112.94% year-on-year[5] - The company reported a year-to-date operating revenue of ¥109,954,241.97, which is an increase of 63.60% year-on-year, driven by market expansion and policy support[8] - Total operating revenue for the current period reached ¥109,954,241.97, a significant increase from ¥67,208,290.12 in the previous period, reflecting a growth of approximately 63.9%[20] - The total revenue for the current period is 125,247,974.02 CNY, an increase from 82,150,179.51 CNY in the previous period, representing a growth of approximately 52.4%[22] Profitability - The company's net profit margin for the current period was negative, indicating challenges in profitability despite revenue growth[20] - Operating profit for the current period was reported at -¥1,786,981.04, a decline from the previous period's profit of ¥17,715,093.14[20] - The total profit (loss) for the current period is -1,945,298.93 CNY, compared to a profit of 17,750,508.45 CNY in the previous period[21] - The net profit attributable to the parent company's shareholders is -179,985.34 CNY, while the previous period's profit was 18,508,556.12 CNY[21] - The comprehensive income total for the current period is -2,034,176.36 CNY, contrasting with 18,495,295.77 CNY in the previous period[21] - The basic and diluted earnings per share for the current period are both -0.0013 CNY, compared to 0.1375 CNY in the previous period[21] Cash Flow - The cash flow from operating activities showed a net outflow of ¥2,666,260.28, a decrease of 158.60% compared to the same period last year[9] - The net cash flow from operating activities is -2,666,260.28 CNY, a decline compared to a positive cash flow of 4,549,578.80 CNY in the previous period[22] - The total operating cash inflow is 127,603,953.11 CNY, while the total operating cash outflow is 130,270,213.39 CNY, resulting in a net cash flow from operating activities of -2,666,260.28 CNY[22] - The net cash flow from investing activities is 37,254,422.33 CNY, down from 46,014,175.00 CNY in the previous period[22] - Cash and cash equivalents at the end of the period amounted to ¥126,447,053.51, up from ¥93,047,449.87 at the beginning of the period, indicating a growth of approximately 35.8%[17] - The cash and cash equivalents at the end of the period amount to 121,342,473.15 CNY, an increase from 92,817,403.37 CNY in the previous period[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥533,698,067.60, a slight decrease of 0.27% from the end of the previous year[5] - Total assets decreased slightly to ¥533,698,067.60 from ¥535,121,883.69, a reduction of about 0.3%[19] - Total liabilities increased to ¥52,685,955.53 from ¥52,075,595.26, marking an increase of approximately 1.2%[18] - Non-current assets totaled ¥181,188,887.18, down from ¥188,460,862.74, reflecting a decrease of about 3.6%[18] - The company's inventory rose to ¥84,388,244.01 from ¥80,195,998.98, an increase of approximately 5.5%[17] - Long-term equity investments increased to ¥24,177,572.76 from ¥22,272,389.08, showing a growth of about 8.6%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,084[11] - The top shareholder, Yang Yaoguang, holds 12.35% of shares, totaling 16,616,000 shares[11] - The second-largest shareholder, Li Yuan, owns 11.81% of shares, amounting to 15,887,350 shares[11] - The number of shares held by the top ten shareholders is significant, with the largest holding being over 16 million shares[12] - The company has a total of 47,000,962 restricted shares at the end of the reporting period[14] - The company’s management includes several directors and senior executives with significant shareholdings, indicating strong insider ownership[12] - The company has not reported any changes in the participation of major shareholders in margin trading activities[12] Acquisition - The company has acquired 39.4745% of Guangdong Jiadeli Clean Technology Co., Ltd., increasing its total holdings to 54.4745%[15] - The company previously held 1.5 million shares of Jiadeli, representing 15% before the acquisition[15] - The acquisition was completed on October 22, 2025, and Jiadeli has become a subsidiary of the company[15] Other Information - Research and development expenses for the year-to-date period amounted to ¥8,493,622.77, reflecting a 39.14% increase compared to the previous year[9] - The weighted average return on net assets was 0.21%, showing a decrease of 0.04% compared to the previous year[5] - The company reported a significant increase in fair value gains of 289.89%, totaling ¥595,572.68, attributed to increased investment income[9] - The company has not undergone an audit for the third quarter financial report[24]

宁波康强电子股份有限公司 2025 年第三季度报告 证券代码：002119 证券简称：康强电子 公告编号：2025-043 宁波康强电子股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 1 宁波康强电子股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 其他符合非经常性损益定义的损益项目的具体情况： 2 宁波康强电子股份有限公司 2025 年第三季度报告 □适用 不适用 公司不存在其他符合非经常性损益定义的损益项目的具体情况。 将《公开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》中列举的非经常性损益 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥17,565,898.12, a decrease of 55.60% compared to the same period last year[2] - The net profit attributable to shareholders was -¥14,147,228.31, reflecting a decline of 378.52% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥15,899,841.31, an increase of 18.20% compared to the previous year[2] - The basic earnings per share were -¥0.07, a decrease of 600.00% compared to the same period last year[2] - The weighted average return on net assets was -1.86%, a decrease of 1.57% year-on-year[2] - The net profit for Q3 2025 was -31,964,433.20 CNY, compared to -96,210,312.12 CNY in the same period last year, showing an improvement of approximately 66.8%[23] - Operating profit for the quarter was -36,012,312.43 CNY, a significant reduction from -100,595,918.75 CNY year-over-year[23] - Total comprehensive income for the period was -31,898,775.13 CNY, compared to -96,196,040.54 CNY in the previous year, indicating a 66.8% improvement[24] - Basic and diluted earnings per share were both -0.14 CNY, an improvement from -0.42 CNY in the same quarter last year[24] Cash Flow - The company's cash flow from operating activities was -¥37,322,082.39, a decrease of 60.92% year-to-date[2] - The net cash flow from operating activities was -3,732.21 million RMB, a decrease of 60.92% compared to the previous year[9] - Cash flow from operating activities was -37,322,082.39 CNY, compared to -95,513,746.96 CNY in the previous year, reflecting a 61.0% improvement[25] - Cash inflow from investment activities totaled 198,528,604.94 CNY, significantly higher than 76,796,663.06 CNY in the prior year[26] - Net cash flow from financing activities was -18,718,646.29 CNY, an improvement from -146,770,242.82 CNY year-over-year[26] - The ending cash and cash equivalents balance was 149,762,137.74 CNY, compared to 42,545,832.75 CNY at the end of the previous year[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,002,577,995.05, down 6.69% from the end of the previous year[3] - The company's total assets amounted to CNY 1,002,577,995.05, down from CNY 1,074,500,328.28, reflecting a decrease of approximately 6.7%[20] - Non-current assets totaled CNY 706,180,253.30, down from CNY 872,240,538.78, indicating a decrease of approximately 19.0%[19] - The total liabilities decreased to CNY 113,317,281.15 from CNY 155,340,839.25, a reduction of about 27.1%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,095[12] - The top shareholder, Hainan Junhua New Energy Technology Partnership, holds 12.33% of the shares, amounting to 24,587,447 shares[12] Research and Development - The company’s research and development expenses were reported as zero for the current period, down from ¥72.49 million in the previous year[8] - Research and development expenses were significantly reduced to CNY 0 from CNY 724,860.80, indicating a strategic shift in investment[22] Other Income and Fair Value Changes - The company recorded a fair value change gain of ¥874.69 million, a 144.64% increase compared to the previous year[8] - The company reported a total of CNY 240,214.05 in other income, down from CNY 669,144.88 in the previous period, a decrease of approximately 64.1%[22] Subsidiary Information - The company has not received the financial statements from its subsidiaries, Zhonglian Changxiang and Changxiang Film Industry, as of September 30, 2025, due to operational staff shortages[10] - The long-term equity investment balance in Zhonglian Changxiang was 7.4043 million RMB, which has a limited impact on the company's total assets and consolidated profits[10] - The company maintains smooth communication with the management of Zhonglian Changxiang and Changxiang Film Industry to address business development issues[11]

Revenue and Profit - The company's revenue for Q3 2025 reached ¥22.93 billion, representing a year-on-year increase of 13.21%, while the total revenue for the first three quarters was ¥57.32 billion, a decrease of 10.65% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2025 was ¥490.80 million, up 13.70% year-on-year, with a total net profit of ¥1.68 billion for the first three quarters, an increase of 31.78% compared to the previous year[5]. - Total operating revenue for the period was ¥57,317,611,451.73, a decrease of 10.6% from ¥64,146,102,506.99 in the previous period[25]. - Net profit for the period reached ¥298,737,833.59, an increase of 33% compared to ¥224,621,428.59 in the previous period[26]. - Total comprehensive income for the period reached CNY 298,663,081.55, an increase from CNY 224,635,913.42 in the previous period[27]. - Basic and diluted earnings per share increased to 0.5257 from 0.3951 year-over-year[27]. Cash Flow - The cash flow from operating activities showed a net outflow of ¥379.08 million for the first three quarters, a significant decline of 116.44% year-on-year[5]. - The net cash flow from operating activities for the first nine months of 2025 was -379,083,472.25 RMB, a decrease of 116.44% compared to the same period in 2024[12]. - Net cash flow from operating activities was negative at CNY -379,083,472.25, a significant decline from CNY 2,305,541,546.01 in the previous period[30]. - Total cash outflow from operating activities was CNY 143,846,550,441.48, compared to CNY 179,808,004,580.44 in the previous period[30]. - Cash inflow from investment activities totaled CNY 7,991,089,270.73, compared to CNY 1,035,548,694.12 in the prior period[30]. - Net cash flow from financing activities for the first nine months of 2025 was -144,201,219.83 RMB, a decrease of 80.16% compared to -726,901,008.45 RMB in the same period of 2024[12]. - Net cash flow from financing activities was negative at CNY -144,201,219.83, improving from CNY -726,901,008.45 year-over-year[30]. Assets and Liabilities - The company reported a total asset value of ¥29.58 billion as of September 30, 2025, reflecting a 35.72% increase from the end of the previous year[5]. - Total assets rose to ¥29,583,583,845.05, up from ¥21,797,969,443.86, indicating a growth of 35.6%[24]. - The company's total liabilities increased, with short-term borrowings rising by 63.16% to ¥15.25 billion, mainly due to increased payments for accounts payable[9]. - Total liabilities increased to ¥25,407,924,243.42 from ¥17,608,592,222.12, showing a growth of 44.4%[24]. - Short-term borrowings increased significantly to ¥15,252,372,495.67 from ¥9,347,998,684.28, reflecting a rise of 63.5%[23]. Investments and Expenses - The investment income for the first three quarters was ¥38.94 million, a substantial increase of 1185.13% compared to the same period last year, attributed to increased investments in financial products[11]. - The company's financial expenses increased by 551.37% year-on-year, primarily due to a decrease in interest-bearing liabilities and a decline in interest expenses[11]. - Research and development expenses were ¥75,673,791.49, down from ¥89,481,392.89, a decrease of 15.5%[25]. - The company's inventory increased to ¥2,571,355,370.29 from ¥1,429,034,487.91, marking an increase of 80%[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,196[14]. - The largest shareholder, Yadong Xingye Investment Co., Ltd., holds 25.37% of the shares, totaling 80,851,163 shares[14]. - The total number of shares held by the top ten shareholders does not include shares lent through margin trading[14]. - The company has no preferred shareholders with voting rights restored[14]. - The total number of restricted shares at the beginning of the period was 12,288,215, with no new restrictions added during the period[19]. - The company has not disclosed any related party transactions among the top ten shareholders[15]. Government and Recognition - The company received government subsidies amounting to ¥20.54 million in Q3 2025, contributing to a total of ¥112.33 million for the year-to-date[6]. - The company was recognized in several rankings, including "2025 China's Top 500 Private Enterprises" and "2025 China's Top 100 Leading Enterprises in Strategic Emerging Industries"[8]. Other Information - The company established a wholly-owned subsidiary, Zhejiang Gangyin E-commerce Co., Ltd., which was registered on August 5, 2025[20]. - The company did not undergo an audit for the third quarter financial report[31].

伊犁川宁生物技术股份有限公司 2025 年第三季度报告 伊犁川宁生物技术股份有限公司 2025 年第三季度报告 新疆 伊犁 2025 年 10 月 1 伊犁川宁生物技术股份有限公司 2025 年第三季度报告 证券代码：301301 证券简称：川宁生物 公告编号：2025-038 伊犁川宁生物技术股份有限公司 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、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 2 伊犁川宁生物技术股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 单位：元 | 项目 | 本报告期金额 | 年初至报告期 期末金额 | 说明 | | --- | --- | --- ...

Financial Performance - The company's revenue for Q3 2025 reached ¥793,941,658.37, representing a year-over-year increase of 16.62%[5] - Net profit attributable to shareholders decreased by 89.32% to ¥8,692,013.94, while the net profit excluding non-recurring items increased by 82.77% to ¥54,602,570.87[5] - The company reported a significant increase in prepayments, which rose by 269.26% to ¥132,356,473.53, mainly due to increased project prepayments[9] - The company recorded a 41.72% increase in other income, totaling ¥62,450,815.70, primarily from increased subsidies received[9] - The company’s basic earnings per share decreased by 89.43% to ¥0.0037, reflecting the decline in net profit[5] - Total operating revenue for the period reached ¥2,461,436,764.03, an increase of 6.5% compared to ¥2,310,744,601.38 in the previous period[40] - Net profit for the period was ¥97,601,384.07, a decrease of 54.7% from ¥215,186,228.72 in the same period last year[40] - The total comprehensive income attributable to the parent company was -48,732,300.98 CNY, compared to 185,111,105.21 CNY in the previous period, indicating a significant decline[41] - The company reported a basic and diluted earnings per share of 0.04 CNY, down from 0.09 CNY in the previous period[41] - The total comprehensive income for the period was -45,399,025.46 CNY, contrasting with 194,265,571.67 CNY in the previous period[41] Cash Flow and Assets - The net cash flow from operating activities surged by 364.48% to ¥1,038,415,785.71, primarily due to increased sales collections[5] - Cash received from the sale of goods and services increased to 3,358,430,199.80 CNY, up from 2,554,717,239.75 CNY year-over-year, reflecting a growth of approximately 31.5%[42] - The net cash flow from investing activities was -200,512,417.60 CNY, worsening from -140,534,444.41 CNY in the previous period[43] - Cash and cash equivalents at the end of the period increased to 1,647,984,730.25 CNY, compared to 1,365,678,726.58 CNY at the end of the previous period[43] - The company's cash and cash equivalents rose to ¥2,738,665,904.22, an increase of 37.4% from ¥1,992,350,194.17[38] - Current assets totaled ¥8,125,351,533.51, up 20% from ¥6,769,881,487.68 at the start of the period[38] - The total assets at the end of the reporting period amounted to ¥13,212,102,784.96, reflecting a 9.59% increase compared to the previous year[5] - The total liabilities increased to ¥6,428,688,026.17, compared to ¥5,121,979,658.26 at the start of the period, marking a rise of 25.6%[39] - The company's equity attributable to shareholders decreased to ¥6,694,498,450.03 from ¥6,842,327,197.05, a decline of 2.2%[39] Shareholder Information - The total number of common shareholders at the end of the reporting period is 62,347[11] - The largest shareholder, Yangzhou Dongfang Group Co., Ltd., holds 31.73% of shares, totaling 738,827,828 shares[11] - Guangdong Hengrui Equity Investment Partnership holds 17.93% of shares, totaling 417,568,600 shares[11] - New Ping Huimeng New Energy Technology Co., Ltd. holds 4.77% of shares, totaling 111,094,000 shares, with 21,500,000 shares pledged[11] - The largest shareholder, Dongfang Group, will irrevocably waive voting rights for 31.78% of shares, allowing Guangdong Guangwu Group to gain control of the company[17] - Guangdong Hengrui plans to transfer 17.94% of its shares to Guangwu Group, with the transfer agreement signed on January 8, 2023[17] - The shareholder structure indicates a significant concentration of ownership among the top shareholders[11] - The company has no controlling shareholder or actual controller as of the latest agreements signed[14] - The company has completed the pledge procedures for shares on October 31, 2023[14] Legal and Compliance Issues - The company has received a total of 868 securities false statement liability lawsuits, with a total claim amount of RMB 28.6065 million[20] - The company has initiated a share repurchase plan with a total amount between RMB 100 million and RMB 200 million, aimed at maintaining company value and shareholder rights[23] - The company received an administrative penalty notice from the CSRC, leading to a risk warning on its stock trading starting July 9, 2024[19] - The company is actively cooperating with legal proceedings regarding the securities false statement liability disputes to protect its interests[21] Management Changes - The company appointed Mr. Dong Zhigang as the new Vice General Manager and Board Secretary, effective from April 17, 2025[29] - The company’s independent director, Mr. Guan Yibo, resigned on September 30, 2025, which will lead to a need for a new independent director election[33] Research and Development - The company obtained 11 invention patents from January to September 2025, enhancing its intellectual property portfolio[34] Financing Activities - The total cash outflow from financing activities was 1,659,479,445.17 CNY, compared to 1,147,963,826.39 CNY in the previous period, indicating increased financing activities[43] - The company received 2,000,000.00 CNY from new investments, a decrease from 3,900,000.00 CNY in the previous period[43]