中金辐照股份有限公司 2025 年第三季度报告 证券代码：300962 证券简称：中金辐照 公告编号：2025-087 中金辐照股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 1 中金辐照股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | 营业收入（元） | 98,016,703.28 | 5.70% | 277,844,839. ...

Financial Performance - The company's operating revenue for Q3 2025 reached ¥2,102,722,764.55, representing a year-on-year increase of 2.33%[5] - Net profit attributable to shareholders was ¥482,630,738.24, up 10.98% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥479,980,733.34, reflecting a 9.18% increase year-on-year[5] - Total operating revenue for the current period reached ¥5,123,182,541.62, an increase of 8.75% compared to ¥4,709,724,778.54 in the previous period[21] - Net profit for the current period was ¥988,011,243.63, representing a 12.35% increase from ¥879,135,775.94 in the prior period[21] - The total comprehensive income for the period attributable to the parent company was CNY 974,300,128.65, an increase from CNY 859,640,244.61 in the previous period, representing a growth of approximately 13.3%[22] - Basic earnings per share increased to CNY 0.72 from CNY 0.63, reflecting a growth of 14.3% year-over-year[22] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥12,215,677,459.11, an increase of 4.59% from the end of the previous year[5] - The company's total assets increased to ¥12,215,677,459.11 from ¥11,679,654,327.79, marking a growth of 4.59%[19] - Current assets totaled ¥4,468,035,737.00, up from ¥4,231,898,416.82, indicating an increase of 5.57%[19] - Total liabilities decreased slightly to ¥2,274,615,145.46 from ¥2,296,312,105.44, a reduction of 0.94%[19] - The equity attributable to shareholders of the parent company increased to ¥9,585,092,717.83 from ¥9,029,468,319.02, a growth of 6.12%[19] Cash Flow - Cash flow from operating activities for the year-to-date was ¥824,148,315.50, showing a significant decrease of 40.71%[5] - Net cash flow from operating activities was CNY 824,148,315.50, down from CNY 1,390,000,604.84, indicating a decline of approximately 40.8%[24] - Cash inflow from investment activities totaled CNY 2,338,058,763.19, compared to CNY 1,824,860,187.27 in the previous period, marking an increase of about 28.2%[24] - The net cash flow from investment activities was negative at CNY -1,081,163,337.70, an improvement from CNY -1,382,500,978.45 in the previous period[24] - Cash and cash equivalents at the end of the period stood at CNY 1,296,954,865.81, up from CNY 1,252,641,575.83, reflecting an increase of approximately 3.5%[24] - The company reported a net increase in cash flow from financing activities of CNY -352,193,256.01, an improvement from CNY -530,156,829.36 in the previous period[24] - The total cash inflow from operating activities was CNY 5,249,389,070.75, compared to CNY 5,094,795,321.06 in the previous period, showing a growth of about 3.0%[23] Shareholder Information - Total number of common shareholders at the end of the reporting period was 124,670[12] - The largest shareholder, Star Group Limited, holds 8.90% of shares, equating to 123,753,273 shares[12] - The company approved a restricted stock incentive plan for 2025, granting 500,000 shares at a price of 10.07 RMB per share, representing 0.04% of total shares[13] - The eighth employee stock ownership plan has 300,000 shares unlocked, accounting for 0.02% of total shares[14] - The company has a total of 50,000 shares in the incentive plan that will be unlocked in three phases over 36 months[13] - The company has 163 participants in the employee stock ownership plan, with 9 participants disqualified due to resignation or misconduct[14] Governance and Management Changes - The company completed the election of the seventh board of directors, consisting of 12 members, including 4 independent directors[15] - The founder, Lin Min, transitioned from chairman to focus on long-term strategic development while Li Xiayun was appointed as the new chairman[15] - The company has made adjustments to its governance structure to align with the latest legal regulations, including abolishing the supervisory committee[15] - No changes were reported in the top 10 shareholders' participation in margin financing and securities lending[12] Other Financial Metrics - The basic earnings per share for the period was ¥0.35, up 9.37% year-on-year[5] - The weighted average return on equity was 5.08%, a slight increase of 0.11% compared to the previous year[5] - The company reported a significant increase in investment income, which rose by 172.13% to ¥92,366,274.12 compared to the previous year[10] - The company experienced a 290.44% increase in credit impairment losses, amounting to -¥25,593,546.66, due to changes in accounts receivable[10] - Research and development expenses for the current period were ¥297,671,170.74, compared to ¥259,492,433.34 in the previous period, an increase of 14.67%[21] - The company's cash and cash equivalents decreased to ¥1,223,657,544.60 from ¥2,061,991,141.69, a decline of 40.53%[19] - Accounts receivable rose to ¥1,561,928,485.87 from ¥1,109,518,336.78, reflecting an increase of 40.67%[19] - The company did not undergo an audit for the third quarter financial report[25]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥1,754,226,520.87, representing an increase of 84.64% year-over-year[4] - Net profit attributable to shareholders was ¥340,751,204.81, a significant increase of 215.12% compared to the same period last year[4] - The basic earnings per share (EPS) for the period was ¥0.53, reflecting a growth of 211.76% year-over-year[4] - The company achieved a net profit of 887 million RMB in the first three quarters of 2025, representing a year-on-year increase of 214.63%[17] - In Q3 2025, the net profit was 341 million RMB, a 215.12% increase year-on-year and a 7.98% increase quarter-on-quarter[17] - Total operating revenue for the current period reached ¥4,595,365,783.31, a significant increase of 99.0% compared to ¥2,306,360,294.98 in the previous period[29] - Net profit attributable to the parent company was ¥887,266,617.56, up 214.5% from ¥282,004,183.93 in the prior period[30] - Operating profit for the current period was ¥1,042,497,833.35, compared to ¥293,810,160.86 in the previous period, reflecting a growth of 255.5%[29] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥14,231,923,353.61, marking a 23.09% increase from the end of the previous year[4] - As of September 30, 2025, the company's total assets amounted to CNY 14,231,923,353.61, an increase from CNY 11,561,949,391.14 at the beginning of the period, reflecting a growth of approximately 23%[28] - The company's non-current liabilities rose to CNY 1,869,664,820.74 from CNY 761,522,957.76, indicating an increase of approximately 145%[28] - The company’s short-term borrowings decreased to CNY 15,239,928.19 from CNY 34,031,194.48, a reduction of approximately 55%[28] Cash Flow - Cash flow from operating activities for the year-to-date was ¥1,509,074,852.19, up 173.60% compared to the same period last year[4] - Operating cash flow net amount reached 1.509 billion RMB, up 173.60% year-on-year[17] - Cash flow from operating activities generated a net amount of ¥1,509,074,852.19, an increase of 173.4% from ¥551,568,062.95 in the last period[32] - The net cash flow from financing activities was ¥1,057,642,272.80, reflecting the receipt of bank loans during the period[13] - The company experienced a net cash outflow from investing activities of ¥1,300,020,701.12, compared to a net inflow of ¥625,439,455.47 in the previous period, indicating increased investment activities[32] Research and Development - Research and development expenses surged to ¥192,613,620.48, an increase of 228.65% year-over-year, indicating a strong focus on innovation[11] - Research and development expenses increased to ¥192,613,620.48, up from ¥58,607,153.95, indicating a focus on innovation[29] Market and Business Expansion - The company has supplied over 200 sets of monopiles to the European market, achieving a market share increase from 18.5% in 2024 to 29.1% in the first half of 2025[18] - The company successfully launched the KING ONE, a large deck transport vessel, with a maximum load capacity of 40,000 tons, marking a significant milestone in its business expansion[19] - A contract worth approximately 300 million RMB was signed with a South Korean shipping company for the design and construction of a heavy-duty wind power deck transport vessel[20] - The company is transitioning from a product supplier to a system service provider, focusing on high-tech and high-value offshore wind power markets[16] - The company has optimized production processes and construction techniques, enhancing team collaboration for high-quality delivery[19] Governance and Strategic Plans - The company plans to issue H shares and list on the Hong Kong Stock Exchange, with a maximum issuance scale of 15% of the total share capital post-issuance, aiming to enhance its global strategic layout and competitiveness in the international market[22] - The company has submitted its application for H share issuance to the Hong Kong Stock Exchange on September 29, 2025[23] - The company has adjusted its governance structure by abolishing the supervisory board and transferring its powers to the audit committee of the board[24] Financial Adjustments and Standards - The third quarter financial report of the company has not been audited[34] - The new accounting standards will be implemented starting from 2025[33] - The financial statement adjustments related to the first-time implementation of the new accounting standards will be reflected at the beginning of the fiscal year[33] Dividend Distribution - The company approved a mid-term profit distribution plan, distributing CNY 0.86 per 10 shares, totaling CNY 54,846,444.01 in cash dividends[25] Inventory - The company reported a significant increase in inventory, which reached CNY 2,243,387,145.15, up from CNY 2,084,479,105.73, marking an increase of about 8%[27] Cash and Equivalents - The company’s cash and cash equivalents increased to CNY 4,180,334,080.20 from CNY 2,869,022,557.12, representing a growth of about 46%[27] - Cash and cash equivalents at the end of the period totaled ¥4,180,164,080.20, compared to ¥2,457,294,681.24 at the end of the previous period, marking a growth of 70.0%[32]

Financial Performance - Revenue for Q3 2025 reached ¥185,008,026.69, an increase of 6.46% compared to the same period last year[5] - Net profit attributable to shareholders was ¥22,015,754.64, representing a 33.80% increase year-over-year[5] - Net profit excluding non-recurring items was ¥16,101,963.40, up 35.68% from the previous year[5] - Total operating revenue for the current period reached CNY 452,590,068.00, an increase of 17.3% compared to CNY 385,872,584.58 in the previous period[23] - Net profit for the current period was CNY 37,867,985.87, representing a growth of 62.2% compared to CNY 23,367,306.31 from the previous period[24] - Total comprehensive income attributable to the parent company reached ¥37,867,985.87, an increase from ¥23,367,306.31 in the previous period, reflecting a significant growth[25] - Basic and diluted earnings per share improved to ¥0.0619, compared to ¥0.0382 in the prior period, indicating a positive trend in profitability[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,132,751,549.53, a 7.79% increase from the end of the previous year[5] - Total assets increased to CNY 1,132,751,549.53, compared to CNY 1,050,934,577.54 in the previous year, reflecting a growth of 7.8%[22] - Total liabilities rose to CNY 172,637,742.55, up from CNY 123,953,410.46, indicating a significant increase of 39.2%[22] - The company's total assets and liabilities will be detailed in the upcoming quarterly financial report[19] Cash Flow - Cash flow from operating activities showed a net outflow of ¥9,964,403.91, a decrease of 309.41% year-over-year[5] - Cash inflow from operating activities totaled ¥408,890,103.02, up from ¥357,513,888.77, showcasing a robust operational performance[25] - Net cash flow from operating activities was negative at -¥9,964,403.91, a decline from a positive ¥4,758,309.79 in the previous period, highlighting challenges in cash generation[25] - Cash flow from investing activities generated a net inflow of ¥75,074,080.55, down from ¥94,666,225.48, indicating reduced investment returns[26] - Cash flow from financing activities resulted in a net outflow of -¥8,401,567.36, compared to -¥6,600,068.17 previously, reflecting increased financing costs[26] - The ending cash and cash equivalents balance was ¥490,805,085.88, up from ¥356,655,384.19, indicating improved liquidity position[26] Accounts Receivable and Investments - Accounts receivable increased by 45.61% compared to the beginning of the period, primarily due to increased sales in the chemical business[11] - Accounts receivable rose to ¥247,718,814.38 from ¥170,128,388.84, indicating an increase of about 45.6%[20] - The company reported a significant increase of 4778.31% in construction in progress, attributed to capital investments in new projects[11] - The net cash flow from investment activities decreased by 20.70% compared to the previous year, mainly due to increased cash outflows[12] Shareholder Information - The company signed a share repurchase agreement with Hunan Zhongxin Industrial Development Co., Ltd., with a total repurchase price of ¥190,380,000.00 received, leaving a remaining balance of ¥38,504,874.01[16] - The company agreed to waive a portion of the penalty fees amounting to ¥1,325,543.59 related to the share repurchase agreement[17] - The largest shareholder, Sichuan Xingtianfu Hongling Enterprise Management Co., Ltd., pledged part of its shares, details of which were disclosed on August 8, 2025[18] - The company has not disclosed any significant changes in the top 10 shareholders or their participation in margin trading activities[13] - The company has not identified any related party relationships among the top shareholders[13] Future Outlook - The company continues to monitor the financial performance and market conditions to inform future strategic decisions[16] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[23] Research and Development - Research and development expenses for the current period were CNY 12,630,310.70, slightly down from CNY 13,615,051.94 in the previous period[24] Audit Information - The company did not undergo an audit for the third quarter financial report, which may affect stakeholder confidence in the reported figures[27]

Financial Performance - The company's revenue for Q3 2025 was ¥688,628,764.37, representing a decrease of 2.42% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2025 was ¥13,539,645.45, down 16.63% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥13,984,667.16, an increase of 30.91%[4] - The basic earnings per share for Q3 2025 was ¥0.0092, a decrease of 16.36% compared to the same period last year[5] - Total operating revenue for the current period was ¥1,886,966,800.72, a decrease of 6.15% from ¥2,010,746,241.73 in the previous period[24] - Net profit for the current period was ¥49,879,055.07, a decline of 27.4% compared to ¥68,739,783.55 in the previous period[26] - Total comprehensive income for the period attributable to the parent company was CNY 26,994,168.03, a decrease from CNY 57,154,498.18 in the previous period, reflecting a decline of approximately 52.8%[27] - Basic and diluted earnings per share for the period were both CNY 0.0342, down from CNY 0.0482 in the previous period, representing a decrease of about 29.5%[27] Assets and Liabilities - Total assets as of September 30, 2025, were ¥4,218,693,776.85, a decrease of 3.64% from the end of the previous year[5] - Total liabilities decreased to ¥1,249,464,194.12 from ¥1,356,053,834.73, a decline of 7.86%[23] - The total owner's equity decreased to ¥2,969,229,582.73 from ¥3,022,021,428.59, reflecting a decline of 1.75%[24] - Long-term equity investments decreased to ¥231,916,773.47 from ¥243,477,136.06, a decline of 4.75%[22] Cash Flow - The company's cash flow from operating activities for the first nine months of 2025 was ¥50,346,603.90, down 71.34% year-on-year[10] - Cash flow from operating activities generated a net cash inflow of CNY 50,346,603.90, significantly lower than CNY 175,648,778.11 in the previous period, indicating a decline of approximately 71.3%[29] - Cash inflow from investment activities was CNY 177,977,139.99, compared to CNY 138,439,136.24 in the previous period, showing an increase of about 28.6%[31] - Cash outflow from investment activities totaled CNY 241,024,240.04, slightly decreased from CNY 241,699,655.43 in the previous period[31] - Net cash flow from financing activities was negative CNY 109,211,063.35, an improvement from negative CNY 234,985,295.06 in the previous period, indicating a reduction in cash outflow by approximately 53.6%[32] - The ending balance of cash and cash equivalents was CNY 416,113,036.48, down from CNY 424,551,418.48 in the previous period[32] Investments and Expenses - Research and development expenses were ¥135,797,953.44, slightly down from ¥136,154,266.78, indicating a focus on maintaining R&D investment[25] - The company reported a significant increase of 105.42% in trading financial assets, totaling ¥41,083,895.20, primarily due to an increase in wealth management products[9] - The company experienced a 39.11% decrease in other receivables, amounting to ¥37,529,884.93, mainly due to the recovery of equity transfer payments[9] - The company reported a 334.04% increase in other payables, amounting to ¥44,096,651.37, primarily due to new employee stock ownership plan repurchase obligations[9] Share Repurchase and Employee Stock Ownership Plan - The company repurchased a total of 8,163,100 shares, accounting for 0.5520% of the total share capital, with a total transaction amount of ¥80,801,995.00[16] - The maximum transaction price during the repurchase was ¥9.99 per share, while the minimum was ¥9.72 per share[16] - The company has implemented a 2025 employee stock ownership plan, transferring 7,420,000 shares to a dedicated account for this plan[18] - The company plans to use the repurchased shares for equity incentives and/or employee stock ownership plans, with a repurchase budget between ¥80 million and ¥130 million[15] - The company has opened a dedicated securities account for the 2025 employee stock ownership plan on September 18, 2025[18]

Financial Performance - The company's revenue for Q3 2025 was CNY 267,429,392.71, representing a 2.24% increase compared to the same period last year, and a total revenue of CNY 841,452,392.85 for the year-to-date, which is a 17.37% increase [4]. - The net profit attributable to shareholders for Q3 2025 was CNY 29,670,723.81, a decrease of 0.83% year-on-year, with a year-to-date net profit of CNY 89,805,874.28, reflecting a slight increase of 0.26% [4]. - The basic earnings per share for Q3 2025 remained unchanged at CNY 0.2800, with diluted earnings per share also at CNY 0.2800 [4]. - Total operating revenue for the current period reached ¥841,452,392.85, an increase of 17.4% compared to ¥716,922,919.85 in the previous period [17]. - Net profit for the current period was ¥89,602,427.86, slightly up from ¥89,282,648.59 in the previous period, reflecting a growth of 0.4% [18]. - The total comprehensive income for the current period was ¥89,602,427.86, compared to ¥89,282,648.59 in the previous period, reflecting a slight increase [18]. Assets and Liabilities - The total assets as of September 30, 2025, were CNY 2,401,032,519.70, marking a 5.31% increase from the end of the previous year [4]. - The company's total current assets amount to ¥1,876,878,524.25, an increase from ¥1,771,523,291.39 at the beginning of the period [15]. - Total liabilities rose to ¥715,314,034.47, up from ¥642,840,255.08, indicating an increase of 11.3% [17]. - The equity attributable to shareholders of the parent company increased to ¥1,683,956,206.54 from ¥1,635,217,029.35, a growth of 3.0% [17]. Cash Flow - The cash flow from operating activities for the year-to-date was CNY 89,155,948.33, showing a significant decrease of 30.54% compared to the previous year [4]. - Operating cash inflow for the current period was CNY 907,591,251.68, an increase of 11.06% from CNY 817,203,487.55 in the previous period [19]. - Net cash flow from operating activities decreased to CNY 89,155,948.33, down 30.49% from CNY 128,348,938.51 in the previous period [19]. - Cash outflow from investing activities was CNY 48,091,241.43, a decrease of 40.83% compared to CNY 81,359,538.72 in the previous period [19]. - Net cash flow from financing activities decreased significantly to -CNY 46,093,434.63, compared to a positive CNY 13,171,875.50 in the previous period [20]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 20,868 [11]. - The largest shareholder, Xie Xiaolin, holds 34.99% of shares, totaling 37,189,932 shares [11]. - The total number of preferred shareholders with voting rights is 0, indicating no preferred shares outstanding [11]. - The company has not reported any significant changes in its major shareholders or their shareholding status [12]. Operational Metrics - The company's prepayments increased significantly by 609.58% to CNY 41,211,947.04, primarily due to increased advance payments for goods [8]. - The company's long-term borrowings were reclassified, resulting in a 7455.14% increase in current liabilities due within one year, totaling CNY 98,881,724.13 [8]. - The revenue from traditional Chinese medicine products increased, contributing to a year-on-year revenue growth of 17.37% [9]. - The company reported a 45.27% increase in operating costs, amounting to CNY 398,130,242.64, attributed to the rise in sales volume of traditional Chinese medicine products [9]. - Research and development expenses for the current period were ¥24,095,842.41, slightly up from ¥23,846,304.90 in the previous period [17].

Financial Performance - Q3 2025 revenue was CNY 179,092,342.97, a decrease of 15.24% year-over-year[5] - Net profit attributable to shareholders reached CNY 103,185,139.13, an increase of 1,082.26% compared to the same period last year[5] - Net profit excluding non-recurring items was CNY -18,115,177.96, down 32.36% year-over-year[5] - Basic earnings per share for Q3 2025 was CNY 0.0593, up 1,088.33% year-over-year[5] - The net profit attributable to the parent company increased significantly by 277.69% year-on-year, reaching approximately CNY 90.15 million, primarily due to asset disposal gains and debt restructuring income[11] - The total comprehensive income attributable to the parent company also saw a substantial increase of 208.12% year-on-year, amounting to approximately CNY 56.96 million, driven by similar factors[11] - The basic and diluted earnings per share improved by 278.01%, reaching CNY 0.0518, largely due to increased asset disposal gains and debt restructuring income[12] - Net profit for the period was ¥92,613,185.63, compared to a net loss of ¥49,403,981.36 in the previous period, indicating a significant turnaround[33] - The company reported an operating profit of ¥100,471,942.95, compared to an operating loss of ¥41,914,507.36 in the previous period[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,212,912,356.79, a decrease of 1.87% from the end of the previous year[5] - Total assets decreased to ¥1,212,912,356.79 from ¥1,235,995,596.44, a decline of approximately 1.9%[30] - Total liabilities decreased to ¥770,555,972.66 from ¥850,847,100.78, a reduction of about 9.4%[30] - Shareholders' equity attributable to the parent company increased by 86.42% to CNY 369,173,967.63 compared to the end of the previous year[5] - The company's equity attributable to shareholders increased to ¥369,173,967.63 from ¥198,034,520.68, reflecting a significant improvement in shareholder value[30] Cash Flow - Cash flow from operating activities showed a net inflow of approximately CNY -86.41 million, a 30.24% improvement compared to the previous period, attributed to reduced payments to suppliers and management expenses[12] - Operating cash flow for the current period was -86,409,379.71 CNY, an improvement from -123,868,618.01 CNY in the previous period, indicating a 30.2% reduction in cash outflow[34] - Total cash inflow from operating activities decreased to 456,205,417.00 CNY, down 21.4% from 580,703,467.88 CNY in the prior period[34] - Cash outflow from operating activities was 542,614,796.71 CNY, a decrease of 23% compared to 704,572,085.89 CNY in the previous period[34] - Cash inflow from investment activities surged by 1,437.34% year-on-year, totaling approximately CNY 268.69 million, mainly from the disposal of idle LED assets[12] - Cash inflow from financing activities increased significantly to 127,485,961.69 CNY, up 103.9% from 62,519,260.58 CNY in the previous period[35] - The ending cash and cash equivalents balance rose to 107,526,054.28 CNY, compared to 83,888,496.01 CNY at the end of the previous period, marking a 28.2% increase[35] Investments - Investment income for the period was CNY 22,760,721.42, a significant increase of 446.98% year-over-year[10] - Long-term equity investments rose by 4,509.62% to CNY 32,184,964.42, reflecting changes in control over subsidiaries[10] - Investment income increased to ¥22,760,721.42 from ¥4,161,158.09, marking a substantial improvement[33] - The company’s cash flow from investment activities was bolstered by a cash recovery of 214,094,663.39 CNY from investments, with no prior period comparison available[34] Shareholder Information - The total number of common shareholders at the end of the reporting period is 31,521[14] - Zhejiang Chengze Technology Co., Ltd. holds 24.06% of shares, totaling 421,617,439 shares[14] - The company has repurchased 12,356,111 shares, accounting for 0.71% of the total share capital[14] Regulatory and Legal Matters - The company is involved in arbitration regarding a claim for 100 million RMB and fixed income of 143.012279 million RMB from Bengbu High-tech Investment Group[16] - The company plans to repurchase 8.9847% equity from Bengbu Investment and Bengbu High-tech Investment for a total price of 177.61 million RMB[17] - The arbitration applications from Bengbu High-tech Investment and Bengbu Investment were withdrawn, and no further claims will be made against the company[18] - The original actual controller, Wang Donglei, is under investigation for allegedly misappropriating 240 million RMB in government subsidies[19] - The company received a warning letter from the Anhui Securities Regulatory Bureau regarding undisclosed agreements during a 2017 private placement[26] - The company is actively working to improve compliance and governance following regulatory scrutiny[26] Operational Challenges - The company faced a decline in core product revenue, particularly in small appliances and packaging, impacting the gross margin and overall profitability[11] - Research and development expenses increased to ¥16,486,646.52 from ¥14,183,070.37, indicating a focus on innovation[32] Asset Management - The company is focusing on improving the efficiency of idle funds by investing in structured deposits and managing asset disposals effectively[12] - The company plans to sell idle assets from Dalian Dehao Optoelectronics and Dalian Dehao Semiconductor for a total transaction price of RMB 135 million, with RMB 134.77 million from Dalian Dehao Optoelectronics and RMB 230,000 from Dalian Dehao Semiconductor[20] - The company is attempting to publicly sell land use rights and construction projects from its subsidiary Dalian Zongde Lighting Technology, with a book value of RMB 80.84 million and an initial transfer price of RMB 67.83 million[21] - Dalian Zongde Lighting Technology was fined RMB 149.31 million for not completing construction on time, but this penalty was later revoked as the land use rights were returned to the government without compensation[23] - The company has a total debt of approximately RMB 80.26 million related to its subsidiary Wuhu Dehao Runda, with a planned debt reduction of at least RMB 44.28 million through a settlement agreement[25]

铜陵有色金属集团股份有限公司 2025 年第三季度报告 证券代码：000630 证券简称：铜陵有色 公告编号：2025-104 铜陵有色金属集团股份有限公司 2025 年第三季度报告 重要内容提示： 1.董事会及除朱明先生外的董事、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。 董事朱明先生因个人原因暂无法履职，无法保证季度报告内容的真实、准确、完整。请投资者特别关注。 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 铜陵有色金属集团股份有限公司 2025 年第三季度报告 本公司及除董事朱明先生外的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。 一、主要财务数据 董事朱明先生因个人原因暂无法履职，不能保证公告内容真实、准确、完整。 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末比上 年初 ...

Financial Performance - The company's revenue for Q3 2025 was ¥1,898,319,188.29, representing a decrease of 3.25% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥85,845,191.53, a decline of 242.57% year-on-year[5]. - The basic earnings per share for the period was -¥0.2266, down 242.07% from the previous year[5]. - The company reported a net profit of -68,540,738.81, a decrease of 126.12% compared to the previous period's profit of 262,403,051.41[10]. - Total operating revenue for the current period is ¥5,342,649,854.70, a decrease of 6.11% from ¥5,690,760,125.53 in the previous period[19]. - Total operating costs increased slightly to ¥5,423,411,113.70 from ¥5,412,342,773.30, resulting in an operating loss of ¥42,378,550.10 compared to a profit of ¥316,634,803.44 in the previous period[19][20]. - Basic and diluted earnings per share for the current period are both -0.1693, compared to 0.6936 in the previous period[21]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,648,969,484.03, an increase of 20.77% compared to the end of the previous year[5]. - The total liabilities increased by 48.72% to ¥5,711,063,999.10, driven by higher borrowings and accounts payable[9]. - Total current assets increased to CNY 2,685,464,827.12 from CNY 1,989,262,138.74, representing a growth of approximately 35%[16]. - Non-current assets totaled CNY 6,963,504,656.91, up from CNY 6,000,277,458.37, a rise of about 16.1%[16]. - The total liabilities increased to CNY 5,633,154,350.61 from CNY 3,868,389,813.43, reflecting a growth of about 46%[16]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥166,773,088.38, a decrease of 79.48% year-to-date[5]. - Cash flow from operating activities showed a net outflow of -166,773,088.38, worsening by 79.48% compared to the previous period[10]. - Cash inflow from operating activities increased to ¥6,435,809,714.30 from ¥6,084,519,952.31, reflecting a growth of 5.77%[22]. - The net cash flow from operating activities was -$166.77 million, compared to -$92.92 million in the previous period, indicating a decline in operational cash generation[23]. - The company reported a significant increase in cash outflow for financing activities, totaling 925,352,474.05, up 53.99% due to higher dividends and interest payments[11]. Investments and Expenses - Research and development expenses increased by 46.08% to 153,394,393.98, reflecting a significant increase in R&D investment[10]. - Financial expenses surged by 214.81% to 48,119,405.37, primarily due to increased capitalized interest as construction projects were completed[10]. - Investment activity cash inflow decreased by 45.11% to 1,533,322,560.47, primarily due to a reduction in the scale of financial product redemptions[10]. - Cash paid for purchasing goods and services rose to ¥5,911,760,260.56 from ¥5,233,751,569.51, indicating an increase of 12.99%[22]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,524[13]. - Total equity attributable to shareholders decreased to ¥3,835,707,177.60 from ¥4,042,910,738.23, a decline of 5.14%[19]. Other Information - The company recognized government subsidies amounting to ¥384,900.00 during the reporting period, contributing to its financial performance[6]. - The company has not disclosed any new product developments or market expansion strategies in the current report[14]. - The financial report for the third quarter was not audited, which may affect the reliability of the reported figures[24]. - The company will implement new accounting standards starting in 2025, which may impact future financial reporting[24].

Revenue and Profitability - The company's revenue for Q3 reached ¥934.81 million, a year-on-year increase of 6.66%, and a year-to-date revenue of ¥2.82 billion, up 29.30%[5] - Net profit attributable to shareholders decreased by 49.89% in Q3 to ¥29.00 million, while year-to-date net profit increased by 23.88% to ¥113.17 million[5] - Basic and diluted earnings per share for Q3 were both ¥0.11, reflecting a decrease of 50.00% compared to the same period last year[5] - Total operating revenue for Q3 2025 reached ¥2,821,288,216.12, an increase of 29.4% compared to ¥2,182,028,242.59 in the same period last year[25] - Net profit for the period was ¥113,170,174.87, representing a 25.0% increase from ¥90,498,578.91 in the previous year[26] - Basic and diluted earnings per share were both ¥0.43, compared to ¥0.35 in the same quarter last year[27] Costs and Expenses - Operating costs increased by 34.11% to ¥245,073.45 million due to growth in wireless communication module and solution business costs[18] - Tax expenses rose by 38.38% to ¥702.14 million, primarily due to increased stamp duty payable[18] - Research and development expenses increased by approximately ¥9.42 million quarter-on-quarter, impacting the net profit scale[6] - Research and development expenses increased to ¥153,125,236.92, up from ¥148,286,676.52, reflecting a continued investment in innovation[25] - Income tax expenses surged by 121.98% to ¥897.04 million, reflecting an increase in current income tax liabilities[18] Cash Flow and Liquidity - Operating cash flow turned positive with a net cash flow from operating activities of ¥41.33 million, a significant increase of 199.20% year-on-year[15] - Total cash inflow from operating activities increased to ¥3,380,012,702.69, up from ¥2,264,037,343.69 in the previous period, representing a growth of approximately 49.5%[28] - Cash outflow from operating activities rose to ¥3,338,681,532.73, compared to ¥2,305,701,691.18 in the prior period, indicating an increase of about 45%[28] - Cash received from sales of goods and services reached ¥3,262,472,243.13, up from ¥2,166,745,020.30, representing a growth of approximately 50.7%[28] - Cash and cash equivalents decreased to ¥321,193,946.48 from ¥349,877,014.45, indicating a reduction in liquidity[21] - The ending balance of cash and cash equivalents is ¥315,854,581.68, compared to ¥245,610,975.22 at the end of the previous period, reflecting an increase of about 28.5%[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥2.85 billion, a 3.30% increase from the end of the previous year[5] - The total assets of the company as of Q3 2025 were ¥2,850,665,992.24, compared to ¥2,759,554,563.51 at the end of the previous year[23] - The company reported a decrease in financial liabilities, with total liabilities at ¥1,169,339,879.43, down from ¥1,192,441,420.61[23] - The total equity attributable to shareholders increased to ¥1,681,326,112.81, up from ¥1,567,113,142.90, showing improved financial health[23] Other Financial Metrics - The gross margin for Q3 was 12.67%, showing a recovery from 12.06% in Q2, despite a year-on-year decline[6] - The company reported a significant increase in asset disposal gains of 1,163.09% to ¥98.90 million from the disposal of usage rights assets[18] - Financial expenses decreased by 115.27% to -¥306.25 million, mainly due to increased exchange gains from currency fluctuations[18] - Other income increased by 84.31% to ¥1,627.19 million, attributed to higher government subsidies received during the period[18] - The company experienced a significant increase in prepayments to suppliers, with prepayment items rising by 269.51% year-on-year to ¥65.50 million[11] - Accounts receivable decreased to ¥741,130,190.90 from ¥1,008,069,612.33, showing improved collection efficiency[21] - Inventory increased to ¥812,156,035.58 from ¥650,552,074.08, indicating potential growth in sales or production[21] - The company experienced a decrease in investment losses, reporting a loss of ¥6,495,125.28 compared to a loss of ¥7,893,785.65 in the previous year[26]