Financial Performance - The company's revenue for the third quarter was ¥483,690,214.56, representing a year-on-year increase of 24.21%[4] - The total profit for the quarter was ¥48,707,899.75, showing a decrease of 36.07% compared to the same period last year[4] - The net profit attributable to shareholders was ¥45,775,091.20, down 24.00% year-on-year[4] - The basic and diluted earnings per share were both ¥0.11, reflecting a decline of 35.29% compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥1,351,469,827.46, an increase of 11.26% compared to ¥1,214,804,794.09 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was ¥152,630,862.97, a decrease of 22.38% from ¥196,540,897.25 in the previous year[20] - Basic and diluted earnings per share for the period were both ¥0.38, down from ¥0.49 in the same period last year[21] - The total comprehensive income for the first three quarters of 2025 was ¥166,393,393.51, compared to ¥197,168,660.71 in the previous year, reflecting a decline of 15.59%[20] Cash Flow and Assets - The cash flow from operating activities for the year-to-date period decreased by 30.79%, totaling ¥208,451,080.79[5] - The company's total current assets as of September 30, 2025, amounted to 1,319,977,082.66 RMB, a decrease from 1,351,669,718.86 RMB at the end of 2024[14] - The company reported a decrease in cash and cash equivalents to 212,109,899.93 RMB from 273,648,076.26 RMB[14] - In the first three quarters of 2025, the cash inflow from operating activities was CNY 1,423,606,807.31, an increase of 1.8% compared to CNY 1,398,249,842.57 in the same period of 2024[22] - The net cash flow from operating activities decreased to CNY 208,451,080.79, down 30.8% from CNY 301,197,886.34 in the previous year[22] - The cash and cash equivalents at the end of the period decreased to CNY 212,109,899.93 from CNY 278,974,963.74 in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,545,548,690.82, an increase of 3.51% from the end of the previous year[5] - Non-current assets totaled 1,225,571,608.16 RMB, up from 1,107,454,723.02 RMB in the previous year[15] - The company's total assets reached 2,545,548,690.82 RMB, compared to 2,459,124,441.88 RMB at the end of 2024[15] - The total liabilities amounted to ¥505,170,816.87, slightly up from ¥504,939,961.44 year-over-year[19] - The total equity attributable to shareholders reached ¥2,040,377,873.95, an increase from ¥1,954,184,480.44 in the previous year, reflecting a growth of 4.41%[19] Shareholder Information - Total shareholders' equity at the end of the reporting period was 10,382 million RMB[12] - The largest shareholder, Hexing Group Co., Ltd., holds 76.50% of the shares, totaling 306,765,000 shares[12] - The company has no significant changes in the top ten shareholders or their relationships during the reporting period[14] Operational Costs and Expenses - The company experienced a decrease in gross profit margin due to rising costs of raw materials and increased depreciation from new factories in Jiaxing and Germany[9] - Total operating costs increased to ¥1,175,890,536.02, up 17.38% from ¥1,001,012,717.87 year-over-year[19] - Research and development expenses increased to ¥79,295,140.43, up 8.99% from ¥72,652,251.93 year-over-year[19] - The company reported a financial expense of -¥2,076,461.99, compared to a financial expense of ¥930,737.61 in the previous year, indicating a significant improvement[19] - Other income decreased to ¥10,040,075.18 from ¥15,837,863.92 in the previous year, a decline of 36.5%[19] Future Outlook - The company plans to continue focusing on new product development and market expansion strategies to improve future performance[9]

Financial Performance - The company's operating revenue for the third quarter reached ¥70,108,237.26, representing a year-on-year increase of 52.29%[5] - Net profit attributable to shareholders was ¥26,216.00, a significant increase of 100.31% compared to the same period last year[5] - The company's basic earnings per share for the quarter was ¥0.0001, up 100.20% year-on-year[5] - Total operating revenue for the current period reached ¥206,715,224.37, an increase of 5.3% compared to ¥196,023,171.85 in the previous period[20] - Net profit for the current period was ¥1,445,778.08, a significant recovery from a net loss of ¥8,392,268.92 in the previous period[22] - The profit attributable to shareholders of the parent company was ¥2,082,477.01, compared to a loss of ¥7,627,808.64 in the previous period[22] - The basic and diluted earnings per share improved to ¥0.0115 from -¥0.0400 in the previous period[22] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥27,732,512.01, showing a substantial increase of 347.75%[13] - The net cash flow from operating activities was $27,732,512.01, compared to a negative cash flow of $11,193,955.76 in the previous period, indicating a significant improvement[25] - The net cash flow from financing activities was $20,461,299.72, a recovery from a negative cash flow of -$57,549,634.80 in the prior period[25] - The total cash and cash equivalents at the end of the period amounted to $93,340,099.96, up from $47,709,218.98 in the previous period[26] - The company reported a cash inflow of $239,060,117.32 from operating activities, an increase from $187,294,589.66 in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥954,801,984.59, reflecting a 1.42% increase from the end of the previous year[5] - The total liabilities increased to ¥127,100,183.51 from ¥116,520,774.52, marking an increase of 6.4%[19] - Total current assets decreased to ¥507,620,287.83 from ¥586,175,564.18, a decline of about 13.4%[18] - The total liabilities decreased from ¥99,000,000 to ¥48,212,580.80 in accounts payable, a reduction of approximately 51.3%[18] - The total non-current assets increased to ¥447,181,696.76 from ¥355,267,525.79, reflecting a growth of approximately 26%[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,864[14] - The largest shareholder, Hong Weiyi, holds 33.74% of shares, totaling 61,337,780 shares, with 20,296,000 shares pledged[14] - The company has a total of 60,550,195 restricted shares at the end of the period, with various shareholders having their shares locked due to executive regulations[15] Operational Costs and Expenses - Total operating costs decreased to ¥209,994,889.62 from ¥216,679,144.57, reflecting a reduction of 3.8%[20] - Research and development expenses decreased to ¥14,450,178.53 from ¥15,969,143.74, a reduction of 9.5%[21] - The company reported a significant decrease in financial expenses, with a net financial income of -¥353,716.01 compared to -¥637,861.87 in the previous period[21] Inventory and Other Income - The company reported a 117.67% increase in prepayments, totaling ¥10,658,537.55, primarily due to increased procurement payments[10] - The company recorded a 30.60% increase in other income, totaling ¥2,624,248.50, mainly due to increased government subsidies[12] - The company reported an increase in inventory to ¥117,181,485.42 from ¥99,403,138.32, a rise of about 17.8%[18] Borrowings and Financing - The company experienced a 194.90% rise in short-term borrowings, amounting to ¥29,512,418.50, attributed to increased bank loans[11] - Cash inflow from borrowings was $49,500,000.00, significantly higher than $10,000,000.00 in the previous period[25] - The total cash outflow for financing activities was $30,838,700.28, down from $70,999,634.80 previously, indicating a reduction in financing costs[25]

Financial Performance - The company's revenue for Q3 2025 reached ¥76,346,216.83, representing a 40.34% increase year-over-year[5] - Net profit attributable to shareholders was ¥15,683,546.58, a significant increase of 187.43% compared to the same period last year[5] - The basic earnings per share (EPS) was ¥0.0391, reflecting a growth of 187.50% year-over-year[5] - Total operating revenue increased to ¥185,633,642.05, up 17.5% from ¥158,047,893.25 in the previous period[18] - Net profit for the period reached ¥18,807,119.87, significantly higher than ¥2,987,228.32 from the previous period, marking a 529.5% increase[19] - Earnings per share (EPS) improved to ¥0.0449, compared to ¥0.0097 in the previous period, representing a 363.9% increase[20] - The company reported a total comprehensive income of ¥18,698,893.43, compared to ¥2,922,366.69 in the previous period, reflecting a substantial increase[20] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,481,560,034.85, an increase of 1.67% from the previous year[5] - Total current assets at the end of the reporting period amount to 775,373,728.96 CNY, an increase from 751,616,151.89 CNY at the beginning of the period[15] - Total non-current assets are 706,186,305.89 CNY, slightly up from 705,549,784.03 CNY[15] - Total liabilities decreased to ¥571,208,353.56 from ¥586,923,364.94, a reduction of 2.4%[16] - Total equity attributable to shareholders increased to ¥908,090,377.01 from ¥869,005,338.22, a growth of 4.5%[16] Cash Flow - Cash flow from operating activities showed a decline of 51.16% year-to-date, totaling ¥7,828,976.36[5] - Cash inflow from operating activities totaled ¥206,284,991.21, an increase from ¥183,656,359.44, reflecting a growth of 12.2%[21] - The net cash flow from operating activities decreased to $7,828,976.36 from $16,031,477.88, representing a decline of approximately 51.1% year-over-year[22] - The net cash flow from investing activities improved significantly to $154,991,728.36 compared to a negative cash flow of $315,617,017.17 in the previous period[22] - Cash and cash equivalents at the end of the period increased to $398,991,770.35 from $212,754,799.40, marking a net increase of $141,859,810.93[22] - The company reported a cash inflow of $26,928,827.62 from financing activities, down from $52,000,000.00, a decrease of approximately 48.2%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,436[11] - The largest shareholder, Yirui (Hainan) Venture Capital Co., Ltd., holds 32.68% of shares, totaling 132,369,971 shares[11] - The second-largest shareholder, Zhu Hai, owns 14.85% of shares, amounting to 60,171,195 shares[11] Operational Costs and Expenses - Total operating costs rose to ¥181,665,643.90, compared to ¥158,868,141.37, reflecting a 14.4% increase[18] - Research and development expenses were ¥30,819,335.83, up from ¥28,803,950.34, indicating a 7.0% increase[19] Cash Management - The cash received from investment activities increased by 33.87%, totaling ¥686,213,774.35, primarily due to the redemption of financial products[9] - The company experienced a 70.03% decrease in cash paid for the acquisition of fixed assets, totaling ¥32,164,358.98[9] - Total cash outflow from financing activities was $51,094,548.12, up from $20,326,577.48, indicating a significant increase in financing costs[22] - The cash paid for operating activities totaled $198,456,014.85, an increase from $167,624,881.56, indicating a rise of about 18.3%[22] - The cash received from investment recoveries was $20,598,934.48, down from $34,161,616.16, reflecting a decline of about 39.5%[22] - The company’s total cash outflow for investing activities was $586,485,714.74, a decrease from $864,388,277.17, indicating a reduction of approximately 32.2%[22] - The impact of exchange rate changes on cash and cash equivalents was positive at $3,204,826.71, compared to a negative impact of $932,712.50 in the previous period[22]

Revenue and Profit - The company's revenue for the third quarter was ¥2,304,600,068.48, a decrease of 24.59% compared to the same period last year[4] - The total profit for the quarter was ¥26,928,517.40, representing an increase of 43.58% year-on-year[4] - The net profit attributable to shareholders was ¥15,607,394.52, up 44.26% from the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥14,570,170.09, an increase of 54.56% compared to the same period last year[4] - Basic earnings per share for the quarter were ¥0.08, a 60.00% increase compared to the previous year[5] - The diluted earnings per share for the quarter were also ¥0.08, with a 60.00% increase year-on-year[5] - Net profit for the first three quarters of 2025 was CNY 31,616,219.26, a decline of 63.16% compared to CNY 85,861,752.23 in 2024[22] - The company reported a basic earnings per share of CNY 0.17 for the first three quarters of 2025, down from CNY 0.41 in 2024[22] Cash Flow - The cash flow from operating activities for the year-to-date was ¥170,853,942.51, reflecting a 169.95% increase[4] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 170,853,942.51, compared to a negative cash flow of CNY -244,262,711.59 in the same period of 2024[25] - The cash inflow from operating activities totaled CNY 7,101,517,571.98 in 2025, slightly up from CNY 7,036,469,750.59 in 2024[25] - The net decrease in cash and cash equivalents was -$322,581,721.55, an improvement from -$492,435,699.78[26] - The ending balance of cash and cash equivalents was $910,499,720.92, up from $637,655,764.93[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,478,522,587.73, a decrease of 10.04% from the previous year-end[5] - Total current assets as of September 30, 2025, amount to ¥2,940,559,071.83, a decrease from ¥3,200,466,543.16 as of December 31, 2024[15] - Total assets as of September 30, 2025, are ¥3,478,522,587.73, down from ¥3,866,833,795.11[16] - Total current liabilities decreased to ¥1,342,800,897.82 from ¥1,582,440,506.55[16] - The total liabilities decreased to CNY 1,675,489,272.24 in 2025 from CNY 2,019,439,766.34 in 2024, indicating a reduction of 17%[18] - The company’s total non-current liabilities decreased to CNY 332,688,374.42 in 2025 from CNY 436,999,259.79 in 2024, a decline of 24%[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 13,805[12] - The largest shareholder, Tang Hai, holds 54,250,000 shares, representing 26.43% of total shares[12] - The second largest shareholder, Ningbo Fanruida Venture Capital Partnership, holds 53,630,385 shares, representing 26.13%[12] - The company has a repurchase account holding 5,814,500 shares, accounting for 2.83% of total share capital[13] - The company has not reported any changes in the participation of major shareholders in margin trading and securities lending[14] Operating Costs - Total operating revenue for the first three quarters of 2025 was CNY 6,528,605,225.68, a decrease of 13.76% compared to CNY 7,568,952,956.83 in the same period of 2024[20] - Total operating costs for the first three quarters of 2025 were CNY 6,481,203,907.14, down from CNY 7,459,179,174.65 in 2024, reflecting a reduction of 13.09%[21] Financial Expenses - The company recorded a decrease in financial expenses, with CNY 19,968,755.01 in 2025 compared to CNY 34,957,668.57 in 2024, a reduction of approximately 42.7%[21]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 205,794,303.62, representing a year-on-year increase of 6.31%[3] - The total profit for the period was CNY 19,766,948.52, a decrease of 11.74% compared to the same period last year[3] - The net profit attributable to shareholders was CNY 15,576,128.94, down 21.49% year-on-year[3] - The net profit after deducting non-recurring gains and losses was CNY 15,283,779.56, a decrease of 28.89% compared to the previous year[3] - Total operating revenue for the first three quarters of 2025 was CNY 408,383,616.77, a decrease of 15.4% compared to CNY 482,628,022.22 in the same period of 2024[17] - Net profit for the first three quarters of 2025 was CNY 40,921,706.57, slightly up from CNY 40,685,207.98 in 2024, representing an increase of 0.6%[18] - The company achieved a gross profit of CNY 29,594,072.95 for the first three quarters of 2025, compared to CNY 36,337,405.31 in 2024, reflecting a decrease of 18.5%[17] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 2,423,153,836.50, an increase of 36.13% from the end of the previous year[4] - As of September 30, 2025, total assets reached CNY 2,423,153,836.50, up from CNY 1,780,037,264.21 on December 31, 2024, indicating a growth of approximately 36.3%[13] - Current assets increased to CNY 2,182,825,337.59 from CNY 1,539,308,868.37, reflecting a rise of about 42%[14] - Total liabilities amounted to CNY 1,414,046,481.26, compared to CNY 795,494,864.72, reflecting a growth of around 77.7%[15] - The company’s total liabilities and equity increased to CNY 2,423,153,836.50 in 2025 from CNY 1,780,037,264.21 in 2024, indicating a growth of 36.3%[16] Cash Flow - The cash flow from operating activities showed a net outflow of CNY 157,089,668.73, a decline of 78.13% year-to-date[3][8] - The company reported a net cash outflow from operating activities of CNY -157,089,668.73 for the first three quarters of 2025, compared to CNY -88,188,617.09 in 2024[20] - Cash and cash equivalents at the end of the period increased to CNY 189,167,939.58, up from CNY 153,347,783.99 at the end of the same period in 2024[21] - The company reported a significant increase in cash inflow from financing activities, totaling CNY 182,121,301.61 in 2025 compared to a cash outflow of CNY -15,888,573.51 in 2024[21] Shareholder Equity - The total equity attributable to shareholders increased to CNY 965,068,206.48, reflecting a growth of 2.26% from the previous year[4] - The company's equity attributable to shareholders increased to CNY 965,068,206.48 from CNY 943,715,888.70, showing a slight growth of about 2.3%[15] - The largest shareholder, Metallurgical Automation Research and Design Institute, holds 42.95% of the shares, indicating strong control over the company[12] Expenses - Research and development expenses decreased to CNY 26,802,016.17 in 2025 from CNY 36,027,059.79 in 2024, a reduction of 25.5%[17] Other Information - The company received government subsidies amounting to CNY 325,782.54 during the period, contributing to its non-recurring gains[6] - The company has no pledged, marked, or frozen shares among its major shareholders, ensuring liquidity and stability[12] - The new accounting standards or interpretations will be implemented starting from 2025, affecting the financial statements from the beginning of that year[22]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥306,393,318.46, an increase of 11.22% year-on-year[4] - Net profit attributable to shareholders was ¥545,630.03, a significant increase of 109.65% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥9,661,548.46, a decrease of 22.76% year-on-year[4] - Basic and diluted earnings per share were both ¥0.0040, reflecting a substantial increase of 1,262.50% year-on-year[4] - Total operating revenue for the current period reached ¥856,213,996.86, an increase of 5.4% compared to ¥811,367,826.19 in the previous period[22] - The net profit for the current period was a loss of ¥11,078,777.43, an improvement from a loss of ¥24,723,718.30 in the previous period[23] - Total comprehensive income amounted to -13,394,518.36 yuan, a decrease from -25,810,337.28 yuan in the previous period[24] - Basic and diluted earnings per share were both -0.0882, compared to -0.1980 in the previous period[24] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was ¥68,185,653.84, down 44.80% compared to the previous year[4] - Cash received from investment recoveries surged by 3504.26% to $262.16 million, primarily from maturing transferable large-denomination certificates[13] - Cash received from investment income increased by 1832.23% to $24.65 million, driven by interest from transferable large-denomination certificates and fund dividends[13] - Cash paid for fixed asset investments decreased by 37.87% to $24.06 million, reflecting reduced capital expenditures[14] - Cash paid for investments rose by 440.28% to $207.95 million, due to reinvestment of recovered large-denomination certificates[14] - Cash inflow from investment activities was 299,774,535.12 yuan, significantly higher than 13,380,649.42 yuan in the previous period[26] - The company reported a net increase in cash and cash equivalents of 49,364,017.89 yuan, up from 19,509,145.75 yuan in the previous period[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,345,325,042.71, a decrease of 1.17% from the end of the previous year[4] - Current liabilities increased to ¥799,769,328.99, compared to ¥783,272,326.33, marking a rise of 2.0%[20] - The company's total assets decreased to ¥2,345,325,042.71 from ¥2,373,017,579.57, a decline of 1.2%[20] - The total equity attributable to shareholders rose to ¥1,323,581,632.18 from ¥1,078,861,975.32, an increase of 22.7%[20] - The company’s long-term borrowings decreased to ¥109,770,785.70 from ¥136,164,571.43, a reduction of 19.4%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,656, with the largest shareholder holding 17.88%[15] - The company’s repurchase account held 4,858,900 shares, accounting for 3.26% of total shares, not included in the top ten shareholders[16] Operational Strategies - The company is actively developing new products and clients, enhancing its core competitiveness amid external market changes[9] - The company has implemented cost reduction and efficiency improvement measures, including the "one increase, two decreases, and one optimization" strategy[9] Financial Expenses - Financial expenses decreased by 32.73% to $23.11 million due to reduced financing scale and lower interest rates[12] - Interest expenses fell by 32.36% to $25.59 million, attributed to decreased financing scale and lower interest rates[12] - Fair value changes resulted in a gain of $10.88 million, a 400.64% increase compared to a loss of $3.62 million in the previous year[12] Research and Development - Research and development expenses for the current period were ¥24,311,835.76, up from ¥20,418,199.88, indicating a growth of 19.0%[23] Inventory and Cash Management - The inventory balance increased to ¥339,574,572.28 from ¥321,331,290.57, reflecting a growth of 5.7%[19] - The company reported a significant increase in cash and cash equivalents, with monetary funds at ¥197,910,068.70, down slightly from ¥198,966,050.81[19] Audit Status - The third quarter financial report was not audited[27]

Financial Performance - The company's operating revenue for Q3 2025 was ¥988,625,958.15, representing a 3.70% increase year-over-year[4]. - Net profit attributable to shareholders increased by 103.19% to ¥88,900,622.54 for the quarter[4]. - The basic earnings per share rose by 99.61% to ¥0.1517, while diluted earnings per share increased by 97.75% to ¥0.1495[4]. - The company reported a 36.93% increase in net profit attributable to shareholders for the year-to-date, reaching ¥173,026,416.40[10]. - Net profit for the current period was ¥212,714,605.71, up 33.9% from ¥158,670,593.77 in the previous period[24]. - The net profit attributable to the parent company shareholders was approximately ¥173 million, an increase from ¥126 million in the previous period, representing a growth of 37%[25]. - The total comprehensive income amounted to approximately ¥213 million, compared to ¥159 million in the previous period, reflecting an increase of 34%[25]. - The basic earnings per share rose to ¥0.2953 from ¥0.2196, indicating a growth of 34.5%[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,063,767,000.74, a 0.30% increase compared to the end of the previous year[4]. - Total assets amounted to ¥4,063,767,000.74, slightly up from ¥4,051,499,716.45 in the previous period[21]. - Total liabilities decreased to ¥1,519,784,865.59 from ¥1,667,946,231.06, a reduction of 8.9%[21]. - Total equity increased to ¥2,543,982,135.15, compared to ¥2,383,553,485.39 in the previous period, reflecting a growth of 6.7%[21]. - The company’s total equity attributable to shareholders increased by 7.58% to ¥2,361,290,201.87 compared to the end of the previous year[4]. Cash Flow - Cash flow from operating activities showed a significant increase of 103.47%, totaling ¥239,909,299.53[11]. - Cash flow from operating activities generated a net amount of approximately ¥240 million, up from ¥118 million in the previous period, marking a significant increase of 103%[27]. - Cash inflow from operating activities totaled approximately ¥2.71 billion, while cash outflow was about ¥2.47 billion, resulting in a positive cash flow from operations[27]. - The ending cash and cash equivalents balance was approximately ¥584 million, up from ¥369 million in the previous period, showing a growth of 58%[29]. - The company received cash from operating activities of approximately ¥2.71 billion, a decrease from ¥2.94 billion in the previous period, reflecting a decline of 7.7%[28]. Shareholder Information - The total number of shares held by the top 10 shareholders includes 43,393,955 shares (7.41%) held by Huang Feng, 16,369,532 shares (2.79%) held by Mao Wenhao, and 8,563,913 shares (1.46%) held by Wang Chunmei[14]. - The total number of restricted shares at the end of the period is 35,885,250, with 15,000 shares newly added due to the departure of a supervisor[16]. - Huang Feng's locked shares amount to 33,660,000, which will be released at a rate of 25% annually[16]. - The company has no related party or concerted action relationships among the top shareholders[14]. - The company has not reported any changes in the share lending or borrowing activities of the top shareholders during the reporting period[14]. - The company’s top shareholders include individuals and institutional investors, with the largest individual shareholder holding 7.41% of the total shares[14]. Operational Costs and Expenses - Total operating revenue for the current period was ¥2,363,405,387.33, a decrease of 7.9% from ¥2,566,048,429.70 in the previous period[23]. - Total operating costs decreased to ¥2,061,802,351.96, down 12.5% from ¥2,356,331,856.36 in the previous period[24]. - Operating profit increased to ¥282,605,755.90, compared to ¥204,689,008.51 in the previous period, reflecting a growth of 38.1%[24]. - The company’s financial expenses rose by 31.73% to ¥4,054,791.99, primarily due to foreign exchange losses incurred during the period[10]. - Research and development expenses were ¥66,402,324.32, down 26.6% from ¥90,537,680.34 in the previous period[24]. Other Financial Metrics - The company experienced a 55.71% increase in receivables financing, amounting to ¥178,291,897.76, due to an increase in bank drafts[9]. - The company’s prepayments increased by 47.68% to ¥116,372,746.78, attributed to higher advance payments for raw material procurement[10]. - As of September 30, 2025, the company's cash and cash equivalents amounted to RMB 799,178,198.68, a decrease from RMB 821,647,116.86 at the beginning of the period[19]. - The company reported a decrease in accounts receivable to ¥815,024,009.96 from ¥735,646,160.59, indicating a growth of 10.8%[21]. - The net cash flow from investing activities was negative at approximately -¥52 million, an improvement from -¥129 million in the previous period[29]. - The net cash flow from financing activities was negative at approximately -¥139 million, compared to -¥114 million in the previous period, indicating increased cash outflows[29]. - The company reported a tax refund of approximately ¥29 million, down from ¥33 million in the previous period, indicating a decrease of 12%[28].

内蒙古第一机械集团股份有限公司2025 年第三季度报告 证券代码：600967 证券简称：内蒙一机 内蒙古第一机械集团股份有限公司 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一）主要会计数据和财务指标 单位：元 币种：人民币 | | | 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 | 末比上年同期 | | | | 减变动幅度 | 末 | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 2,166,756,189.07 | -6 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥603,310,567.38, representing a 5.94% increase year-over-year[5] - Net profit attributable to shareholders for Q3 2025 was ¥1,712,390.68, a significant increase of 122.34% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥760,688.18, up 108.14% year-over-year[5] - Total operating revenue for Q3 2025 reached ¥1,743,320,405.36, an increase of 13.2% compared to ¥1,540,072,684.00 in the same period last year[20] - Net profit for Q3 2025 was ¥11,063,228.68, a significant recovery from a net loss of ¥3,723,565.50 in the previous year[21] - The total comprehensive income for the third quarter of 2025 was CNY 9,739,685.31, compared to a loss of CNY 3,846,516.41 in the previous period[22] - Basic and diluted earnings per share were both CNY 0.0115, an improvement from a loss of CNY 0.0039 per share in the same period last year[22] Assets and Liabilities - Total assets as of September 30, 2025, reached ¥5,350,331,839.55, reflecting a 4.64% increase from the end of the previous year[5] - The company's total assets increased to ¥5,350,331,839.55, compared to ¥5,112,926,688.50 at the end of the previous period, marking a growth of 4.7%[18] - Total liabilities rose to ¥2,913,182,695.02, up from ¥2,685,517,229.28, indicating an increase of 8.5%[18] - The total equity attributable to shareholders increased to ¥2,437,149,144.53, compared to ¥2,427,409,459.22, a slight increase of 0.4%[18] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥109,616,602.01, which is a 22.26% increase in outflow compared to the previous year[5] - Cash inflow from operating activities was CNY 1,464,993,433.87, up from CNY 1,247,548,893.06 in the previous year, representing an increase of approximately 17.4%[22] - Cash outflow from operating activities totaled CNY 1,574,610,035.88, compared to CNY 1,388,546,791.61 in the prior year, resulting in a net cash flow from operating activities of CNY -109,616,602.01[22] - Cash flow from investing activities was a net outflow of CNY -29,715,628.97, an improvement from CNY -123,673,428.18 in the previous year[23] - Cash flow from financing activities resulted in a net outflow of CNY -48,741,313.94, compared to a net inflow of CNY 187,216,400.02 in the same period last year[23] Research and Development - Research and development expenses for the first nine months of 2025 amounted to ¥17,026,425.61, a 36.69% increase compared to the same period in 2024[9] - Research and development expenses for the quarter were ¥17,026,425.61, up from ¥12,456,337.75, reflecting a year-on-year increase of 36.5%[21] - The company has developed key technologies for long-term mooring systems, addressing high fatigue performance issues[14] - The company is actively promoting three product lines: single-strand permanent mooring steel wire ropes, mooring fiber cables, and deep-sea mooring system accessories[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 141,855[12] - The largest shareholder, Jili Group Co., Ltd., holds 20.03% of shares, amounting to 192,320,000 shares, with 58,390,000 shares pledged[12] Other Information - The company provided a guarantee of 20 million RMB for its wholly-owned subsidiary, accounting for 0.82% of the audited net assets for 2024[13] - The company plans to invest 100 million RMB to establish a wholly-owned subsidiary, Jili Rigging Ocean Technology (Tianjin) Co., Ltd., focusing on key technologies for marine engineering equipment[14] - The weighted average return on net assets was 0.07% for Q3 2025, a decrease from 0.38% at the end of the previous year[5] - The company recorded an asset disposal gain of ¥1,331,006.96, a 577.49% increase compared to the previous year[9] - The company experienced a 41.70% increase in accounts payable, amounting to ¥617,984,299.49, attributed to increased settlement of goods[9] - Accounts receivable increased to 1,280,474,096.52 RMB from 1,211,166,830.18 RMB at the beginning of the period[16] - Prepayments rose to 146,656,934.75 RMB from 113,114,262.77 RMB at the beginning of the period[16] - Inventory levels increased to ¥1,030,809,820.98, compared to ¥824,659,157.87, representing a growth of 25.0%[18] - The company did not undergo an audit for the third quarter financial report[24] - The report was presented by Chairman Yang Jianguo on October 28, 2025[25]

Financial Performance - The company's revenue for Q3 2025 reached ¥176,697,998.29, representing a year-on-year increase of 17.07%[5] - Net profit attributable to shareholders for the same period was ¥38,633,434.08, up 17.91% compared to the previous year[5] - The net profit excluding non-recurring gains and losses was ¥30,812,205.79, reflecting a 17.60% increase year-on-year[5] - Total operating revenue for the current period reached ¥514,325,320.97, an increase of 17.5% compared to ¥437,765,447.65 in the previous period[18] - Net profit for the current period was ¥114,172,789.88, representing a 18.1% increase from ¥96,643,264.61 in the previous period[19] - Basic and diluted earnings per share rose to ¥0.6779, compared to ¥0.5897 in the previous period, reflecting a growth of 15.0%[20] - The company reported a total comprehensive income of ¥113,859,491.07, an increase of 18.4% from ¥96,226,867.11 in the previous period[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,316,120,374.02, a 3.56% increase from the end of the previous year[5] - The company's total assets as of September 30, 2025, amount to ¥2,316,120,374.02, an increase from ¥2,236,581,579.54 at the beginning of the period[15] - The total current assets are ¥1,256,008,353.30, slightly up from ¥1,253,206,764.06[15] - The total liabilities decreased to ¥611,134,692.88 from ¥767,222,751.43[16] - The company's equity increased to ¥1,704,985,681.14, up from ¥1,469,358,828.11[16] Shareholder Information - Shareholders' equity attributable to the parent company reached ¥1,704,985,681.14, marking a 16.04% increase compared to the previous year[5] - The total number of common shareholders at the end of the reporting period is 14,347[12] - The largest shareholder, Hengfeng Holdings Limited, holds 81,901,454 shares, representing 47.30% of the total shares[12] Cash Flow - The cash flow from operating activities showed a significant decline, totaling ¥70,888,826.82, down 40.56% year-to-date[5] - Cash flow from operating activities generated a net amount of ¥70,888,826.82, down 40.6% from ¥119,268,974.33 in the previous period[20] - Net cash flow from investing activities was -$36.68 million, a decrease from -$736.46 million in the previous period[21] - Cash inflow from financing activities totaled $31 million, compared to $661.01 million last year[21] - Cash outflow from financing activities was $66.52 million, down from $125.04 million in the previous period[21] - The net cash flow from financing activities was -$35.52 million, contrasting with a positive $535.97 million last year[21] - The net increase in cash and cash equivalents was $53,961, a significant improvement from a decrease of $81.30 million in the previous period[21] - The ending balance of cash and cash equivalents was $79.09 million, compared to $46.94 million last year[21] Other Financial Metrics - The fair value change income for the year-to-date period was ¥7,595,365.83, a substantial increase of 174.00% compared to the previous year[10] - The company recorded a fair value change gain of ¥7,595,365.83, significantly higher than the gain of ¥2,772,064.30 in the previous period[19] - Research and development expenses for the current period were ¥30,142,593.68, up 19.8% from ¥25,170,681.26 in the previous period[18] - Other income increased to ¥13,161,131.76, compared to ¥10,270,790.32 in the previous period, reflecting a growth of 28.5%[18] Accounting and Governance - The company’s third-quarter financial report was not audited[22] - The new accounting standards will be implemented starting in 2025[22] - The company’s board of directors met on October 28, 2025[23]