Financial Performance - Q3 2025 revenue was CNY 64,675,638.69, a decrease of 7.61% year-over-year[5] - Net profit attributable to shareholders was CNY 13,428,481.93, an increase of 9.40% year-over-year[5] - Net profit excluding non-recurring items was CNY 14,049,350.55, up 17.28% year-over-year[5] - Total operating revenue for the current period was ¥205,618,567.89, a decrease of 4.1% from ¥216,211,460.22 in the previous period[20] - Operating profit increased to ¥55,022,446.12, up 27.0% from ¥43,333,037.11 in the previous period[20] - Net profit margin improved, with total profit amounting to ¥53,571,739.38, an increase of 25.7% compared to ¥42,627,311.11 in the previous period[20] - The net profit for the current period is $45,336,178.34, an increase of 19.9% compared to $37,782,359.75 in the previous period[21] - The total comprehensive income for the current period is $45,416,541.70, up from $37,798,974.14, reflecting a growth of 20.5%[21] - The basic and diluted earnings per share are both $0.28, compared to $0.24 in the previous period, representing a 16.7% increase[21] Cash Flow - Cash flow from operating activities was CNY 50,588,056.01, an increase of 42.97% year-over-year[9] - Cash flow from operating activities generated a net amount of $50,588,056.01, an increase from $35,382,757.18, marking a growth of 43%[23] - Cash flow from investing activities resulted in a net outflow of $215,373,023.93, worsening from a net outflow of $90,716,421.32 in the previous period[23] - Cash flow from financing activities showed a net outflow of $48,000,000.00, compared to a net outflow of $64,000,000.00 in the previous period, indicating an improvement of 25%[24] - The ending cash and cash equivalents balance is $290,631,157.54, down from $424,612,128.76, reflecting a decrease of 31.5%[24] - The company received $12,460,655.66 in other cash related to operating activities, significantly up from $5,841,377.75 in the previous period, a growth of 113.8%[23] Assets and Liabilities - Total assets at the end of the period were CNY 893,406,144.02, down 1.80% from the previous year[5] - Cash and cash equivalents decreased to ¥290,631,157.54 from ¥503,416,125.46, a decline of 42.3%[18] - Total current assets amounted to ¥767,648,466.09, slightly down from ¥774,713,254.45, a decrease of 0.8%[18] - Total liabilities decreased to ¥65,457,772.72 from ¥79,249,505.77, a reduction of 17.4%[19] - Total equity attributable to shareholders was ¥827,948,371.30, down from ¥830,531,829.60, a decrease of 0.3%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 15,602[13] - The largest shareholder, Wang Yuejun, holds 38.25% of the shares, totaling 61,200,000 shares[13] - The second-largest shareholder, Shengzhou Hefeng Investment Co., Ltd., holds 15.74% of the shares, totaling 25,181,000 shares[13] - The shareholder Qian Haishao holds a total of 2,089,000 shares, accounting for 1.31% of the total shares[13] - The company has no preferred shareholders or related changes in restricted shares during the reporting period[15] - The company has not reported any changes in the top 10 shareholders due to securities lending or borrowing[14] Corporate Governance - The company has decided to abolish the supervisory board, transferring its powers to the audit committee of the board of directors[16] - The company has revised its articles of association and various management systems, which were approved at the shareholders' meeting on September 12, 2025[16] - The company has not disclosed any related party relationships among shareholders, except for Wang Yuejun and Shengzhou Hefeng Investment Co., Ltd.[14] Expenses - Financial expenses increased by 155.77% to CNY -11,030,658.39 due to higher bank deposit interest income[9] - Research and development expenses increased to ¥10,041,721.84, up from ¥9,618,279.84, a rise of 4.4%[20] - The company reported a tax expense of $8,235,561.04, compared to $4,844,951.36 in the previous period, which is an increase of 70.5%[21] - Other comprehensive income after tax attributable to the parent company is $80,363.36, a significant increase from $16,614.39, representing a growth of 383.5%[21] Other Financial Metrics - The company reported a significant increase in other receivables by 398.23% to CNY 190,430.90, mainly due to overpayment of land use fees[8] - Investment activities generated a net cash outflow of CNY -215,373,023.93, an increase of 137.41% year-over-year due to increased purchases of financial products[11] - The net increase in cash and cash equivalents was CNY -212,784,967.92, a decrease of 78.31% year-over-year[11]

浙江瑞晟智能科技股份有限公司 2025 年第三季度报告 证券代码：688215 证券简称：瑞晟智能 浙江瑞晟智能科技股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是√否 一、主要财务数据 （一） 主要会计数据和财务指标 1 / 13 单位：元 币种：人民币 项目 本报告期 本报告期比 上年同期增 减变动幅度 (%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 88,151,243.39 36.22 273,195,278.02 10.20 利润总额 5,946,481.58 335.49 11,375,560.93 21.65 归属于上市公司股东的 净利润 5,12 ...

Financial Performance - The company's revenue for Q3 2025 was ¥92,908,661.34, a decrease of 4.22% compared to the same period last year[2] - Total profit for the quarter was ¥13,260,810.45, reflecting an increase of 6.73% year-over-year[2] - Net profit attributable to shareholders was ¥11,453,748.67, up by 1.76% from the previous year[2] - Total operating revenue for the first three quarters of 2025 was CNY 284,872,833.06, a decrease of 8.5% compared to CNY 311,093,406.06 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 32,546,867.25, a decline of 7.2% from CNY 35,096,522.16 in 2024[19] - Earnings per share for the first three quarters of 2025 was CNY 0.49, compared to CNY 0.53 in the same period of 2024[20] Cash Flow - The net cash flow from operating activities for the quarter was ¥10,429,408.97, a significant increase of 866.18% compared to the same period last year[2] - Net cash flow from operating activities was 2,583,396.37, a significant improvement from a negative cash flow of -3,051,848.65 in the previous period[22] - Total cash inflow from investment activities reached 1,035,641,465.80, compared to 901,770,270.89 in the prior period, indicating a growth of approximately 14.8%[22] - Cash outflow for investment activities was 1,033,124,451.17, up from 964,282,001.85, reflecting an increase of about 7.1%[22] - Net cash flow from investment activities was 2,517,014.63, a recovery from a negative cash flow of -62,511,730.96 in the previous period[22] - Cash received from tax refunds was 1,405,361.02, an increase from 1,165,909.27 in the previous period[22] - Cash received from other operating activities was 8,047,596.89, down from 14,536,511.58, indicating a decline of approximately 44.7%[22] - Cash paid for employee compensation was 91,718,610.65, a decrease from 97,099,560.70, reflecting a reduction of about 5.5%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥909,209,199.94, down 4.87% from the end of the previous year[3] - Current assets totaled RMB 733,318,726.56, down from RMB 767,512,121.41, indicating a decrease of about 4.46%[14] - Total liabilities decreased to RMB 101,674,755.51 from RMB 133,659,707.59, a reduction of about 24.0%[15] - Total liabilities decreased from CNY 138,123,645.32 in 2024 to CNY 105,036,189.12 in 2025, a reduction of approximately 23.9%[16] - Total equity attributable to shareholders decreased from CNY 817,588,631.13 in 2024 to CNY 804,173,010.82 in 2025, a decline of about 1.6%[16] Research and Development - Research and development expenses totaled ¥11,700,309.23, accounting for 12.59% of revenue, a decrease of 0.84 percentage points year-over-year[3] - Research and development expenses for the first three quarters of 2025 were CNY 35,316,884.16, down 6.5% from CNY 37,984,443.96 in 2024[19] Shareholder Information - The company held 674,222 shares in its repurchase account, accounting for 1.00% of the total share capital[12] - The top shareholder, Beijing LabTech Consulting Co., Ltd., holds 32.84% of the shares, while LabTech Holdings, Inc. holds 23.90%[11] Other Financial Metrics - The weighted average return on equity was 1.43%, an increase of 0.04 percentage points compared to the previous year[3] - Non-recurring gains and losses amounted to ¥2,805,474.93 for the quarter[6] - Other comprehensive income after tax for the first three quarters of 2025 was CNY -2,232,709.20, compared to CNY -1,072,568.64 in 2024[20] - Deferred income tax liabilities increased from CNY 997,501.46 in 2024 to CNY 1,208,474.28 in 2025, an increase of approximately 21.1%[16] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may impact financial reporting[24]

Financial Performance - The company's revenue for Q3 2025 was CNY 242.42 million, representing a year-on-year increase of 6.44% and a quarter-on-quarter increase of 29.52%[4] - The net profit attributable to shareholders for Q3 2025 was CNY 24.45 million, a decrease of 53.43% year-on-year, but an increase of 96.62% quarter-on-quarter[6] - The total revenue for the first nine months of 2025 was CNY 597.39 million, up 11.68% year-on-year, while the net profit attributable to shareholders decreased by 32.38% to CNY 40.66 million[6] - Total profit for the current reporting period decreased by 39.41%[14] - Net profit attributable to shareholders for the current reporting period decreased by 53.43%[14] - Net profit attributable to shareholders for the year-to-date decreased by 32.38%[14] - Basic earnings per share for the current reporting period decreased by 53.57%[15] - Diluted earnings per share for the current reporting period decreased by 53.57%[15] Research and Development - The company's R&D investment for Q3 2025 was CNY 61.50 million, accounting for 25.37% of revenue, a decrease of 1.31 percentage points year-on-year[5] - Research and development expenses increased to ¥169,858,732.02 in 2025, compared to ¥148,705,958.72 in 2024, marking a growth of 14.2%[23] Profitability and Margins - The gross profit margin for the first nine months of 2025 was 55.00%, down 3.44 percentage points compared to the same period last year, primarily due to increased manufacturing costs[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses for the current reporting period decreased by 68.41% due to a decline in gross profit margin and an increase in taxes[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,894[17] - The largest shareholder, Suzhou Puyuan Precision Electric Investment Co., Ltd., holds 63,936,000 shares, accounting for 32.94% of total shares[17] - Wang Yue directly holds 11,508,480 shares, representing 5.93% of the total shares[18] Assets and Liabilities - The total assets at the end of Q3 2025 were CNY 3.72 billion, a decrease of 3.51% compared to the end of the previous year[5] - The company's total assets decreased to ¥3,717,811,342.76 in 2025 from ¥3,852,921,400.41 in 2024, a decline of 3.5%[21] - Total liabilities decreased to ¥575,574,433.61 in 2025 from ¥685,179,430.61 in 2024, a reduction of 16.0%[21] - The total equity attributable to shareholders decreased to ¥3,142,236,909.15 in 2025 from ¥3,167,741,969.80 in 2024, a decline of 0.8%[21] Cash Flow - Cash flow from operating activities for the year-to-date decreased by 104.40% due to increased cash payments for purchases of goods and services[15] - Operating cash inflow for the first three quarters of 2025 is CNY 684,693,550.31, an increase from CNY 627,257,679.46 in the same period of 2024[26] - Net cash flow from operating activities is negative CNY 2,825,559.18, compared to a positive CNY 64,222,153.74 in the previous year[26] - Cash inflow from investment activities is CNY 576,769,055.64, significantly higher than CNY 117,650,811.37 in the prior year[27] - Net cash flow from investment activities is CNY 129,734,580.96, recovering from a negative CNY 153,177,102.84 in the same period last year[27] - Cash inflow from financing activities totals CNY 214,926,894.53, down from CNY 476,753,797.01 in the previous year[27] - Net cash flow from financing activities is negative CNY 211,189,289.24, compared to a positive CNY 222,923,542.90 in the same period of 2024[27] - The ending balance of cash and cash equivalents is CNY 327,919,426.86, down from CNY 404,591,516.76 at the end of the previous year[27] Other Information - The board of directors announced the financial results on October 28, 2025[29] - The company has not adopted new accounting standards or interpretations that would adjust the financial statements for the current year[28]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 1,294,159,182.94, a decrease of 3.26% compared to the same period last year[4] - The total profit for the period was CNY 59,146,658.71, down 41.86% year-on-year[4] - The net profit attributable to shareholders was CNY 58,943,598.98, reflecting a decline of 40.15% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was CNY 55,481,983.13, a decrease of 43.51% year-on-year[4] - The basic earnings per share for the period was CNY 0.18, down 40.00% from the same period last year[5] - The diluted earnings per share also stood at CNY 0.18, reflecting a 40.00% decrease year-on-year[5] - The weighted average return on equity was 2.54%, a decrease of 1.99 percentage points compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 reached ¥3,482,957,150.03, an increase of 2.7% compared to ¥3,389,890,021.11 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥190,854,635.67, a decrease of 16.9% from ¥229,895,901.24 in 2024[21] - Earnings per share for the first three quarters of 2025 were ¥0.58, down from ¥0.68 in the same period of 2024[22] - The total profit for the first three quarters of 2025 was ¥195,578,859.32, down from ¥242,666,043.38 in 2024[21] Assets and Liabilities - The total assets at the end of the period were CNY 4,585,042,784.06, an increase of 6.48% from the end of the previous year[5] - The total assets as of September 30, 2025, amounted to RMB 4,585,042,784.06, an increase from RMB 4,305,922,757.02 as of December 31, 2024, reflecting a growth of approximately 6.5%[16] - Current assets increased to RMB 2,724,870,507.47 from RMB 2,449,016,562.26, representing a growth of about 11.2%[17] - Total liabilities reached RMB 2,281,034,528.99, compared to RMB 2,055,360,461.05, which is an increase of about 10.9%[18] - The company's non-current assets totaled RMB 1,860,172,276.59, slightly up from RMB 1,856,906,194.76, showing a marginal increase of 0.1%[17] - The total equity as of September 30, 2025, was RMB 2,304,008,255.07, reflecting a growth from the previous period[18] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 361,918,796.05, an increase of 363.44%[4] - Cash flow from operating activities for the first three quarters of 2025 was ¥3,675,100,595.71, an increase of 9.5% compared to ¥3,354,965,212.45 in 2024[23] - Net cash inflow from operating activities amounted to $361.92 million, a significant increase from $78.09 million in the previous period, reflecting a growth of 363%[24] - Cash and cash equivalents at the end of the period totaled $1.35 billion, up from $809.76 million, representing a growth of 66%[25] - Cash paid for operating activities was $3.64 billion, compared to $3.48 billion, reflecting an increase of 4.5%[24] - Cash received from tax refunds was $229.48 million, up from $154.45 million, marking an increase of 48.5%[24] Costs and Expenses - Total operating costs for the first three quarters of 2025 were ¥3,292,096,033.82, up 4.8% from ¥3,141,833,490.93 in 2024[20] - Research and development expenses for the first three quarters of 2025 were ¥121,665,038.33, slightly up from ¥117,483,108.24 in 2024[20] - Cash paid for employee compensation was $604.85 million, an increase from $548.86 million, which is a rise of 10.2%[24] Other Financial Metrics - The decline in profits was primarily attributed to the impact of trade wars and inflation in Europe and the United States, which affected terminal demand sensitivity to prices[9] - The accounts receivable decreased to RMB 576,671,991.21 from RMB 644,612,010.10, indicating a decline of approximately 10.5%[16] - The inventory level remained relatively stable at RMB 579,911,943.87, compared to RMB 584,411,757.26, showing a slight decrease of about 0.6%[17] - The company reported a significant increase in other current assets, which decreased to RMB 86,967,594.68 from RMB 121,386,178.14, reflecting a decline of approximately 28.3%[17] - Other comprehensive income after tax for the first three quarters of 2025 was ¥24,440,634.63, compared to a loss of ¥8,820,205.53 in 2024[21] - The company reported a decrease in minority shareholders' equity from ¥22,395,535.44 in 2024 to ¥14,433,289.79 in 2025[19] Cash Flow from Financing Activities - Total cash inflow from financing activities reached $1.07 billion, compared to $846.92 million in the prior period, indicating an increase of 27%[25] - Cash outflow for financing activities totaled $988.57 million, compared to $588.33 million, indicating an increase of 68%[25] Accounting Changes - The company plans to implement new accounting standards starting in 2025, which may affect the financial statements[26]

Financial Performance - The company's revenue for Q3 2025 was ¥74,319,211.31, a decrease of 1.22% compared to the same period last year[3] - The total profit for the period was ¥37,052,211.73, reflecting an increase of 1.30% year-over-year[3] - The net profit attributable to shareholders was ¥31,233,921.44, up by 1.94% from the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥27,908,599.12, which increased by 1.43% compared to the same period last year[3] - The basic earnings per share for the quarter was ¥0.29, with a year-to-date figure of ¥0.59, reflecting a 1.72% increase[4] - Total operating revenue for the first three quarters of 2025 reached RMB 175,138,574.09, a slight increase from RMB 173,291,573.09 in the same period of 2024, representing a growth of approximately 1.06%[17] - Net profit for the first three quarters of 2025 was RMB 64,210,654.81, compared to RMB 62,947,540.75 in 2024, indicating an increase of approximately 2.00%[19] - The company’s total profit for the first three quarters of 2025 was RMB 74,817,469.40, compared to RMB 73,631,451.78 in 2024, reflecting an increase of approximately 1.61%[19] Assets and Liabilities - Total assets at the end of the period were ¥1,161,534,035.34, representing a 3.71% increase from the end of the previous year[4] - The company's total liabilities rose to CNY 36,453,171.78 from CNY 24,533,348.17, reflecting an increase in financial obligations[14] - The total equity attributable to shareholders increased to CNY 1,125,080,863.56 from CNY 1,095,500,608.75, showing growth in shareholder value[14] - The company's accounts receivable increased to CNY 65,179,876.60 from CNY 36,678,957.69, indicating improved sales performance[12] - The fixed assets increased to CNY 114,577,515.78 from CNY 108,979,777.03, suggesting ongoing investment in infrastructure[13] - The company reported a total non-current asset of CNY 244,024,044.52, up from CNY 203,671,011.22, reflecting long-term investment growth[13] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of ¥38,166,287.22, which decreased by 6.89% year-to-date[3] - The company's cash and cash equivalents decreased to CNY 74,948,031.35 from CNY 182,107,137.22, indicating a significant reduction in liquidity[12] - Cash flow from operating activities generated a net amount of RMB 38,166,287.22 in 2025, down from RMB 40,989,386.86 in 2024, a decrease of about 6.93%[21] - Cash flow from investing activities resulted in a net outflow of RMB 110,427,075.57 in 2025, contrasting with a net inflow of RMB 53,086,071.07 in 2024[22] - Cash and cash equivalents at the end of the third quarter of 2025 totaled RMB 74,948,031.35, a decrease from RMB 210,364,165.68 at the end of the same period in 2024[23] Research and Development - Research and development expenses totaled ¥4,402,191.05, accounting for 5.92% of revenue, an increase of 0.91 percentage points[4] - The company incurred research and development expenses of RMB 12,878,600.46 in 2025, down from RMB 16,170,774.43 in 2024, a decrease of about 20.00%[18] Non-Recurring Items - Non-recurring gains and losses for the period amounted to ¥3,325,322.32, with a year-to-date total of ¥7,774,982.99[7] - The company reported other income of RMB 497,430.05 in 2025, significantly lower than RMB 3,549,290.77 in 2024, indicating a decline of approximately 86.00%[18] Inventory and Current Assets - The total current assets slightly increased to CNY 917,509,990.82 compared to CNY 916,362,945.70 in the previous period[12] - The company's inventory decreased to CNY 38,759,460.00 from CNY 43,275,462.94, which may indicate improved inventory management[12] Operating Costs - Total operating costs decreased to RMB 105,193,973.75 in 2025 from RMB 107,900,485.01 in 2024, reflecting a reduction of about 2.52%[18]

Revenue and Profitability - The company's revenue for Q3 2025 was CNY 491,773,613.42, representing a 4.27% increase year-over-year[4] - Net profit attributable to shareholders decreased by 19.08% to CNY 17,985,544.93, while the net profit after deducting non-recurring gains and losses fell by 14.00% to CNY 19,506,133.80[4] - The company reported a basic earnings per share of CNY 0.19, down 17.39% compared to the same period last year[4] - Net profit for the current period was ¥53,489,556.55, representing a decrease of 33.8% from ¥80,851,305.30 in the previous period[16] - Earnings per share (EPS) for the current period was ¥0.55, down from ¥0.84 in the previous period[16] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date reached CNY 111,334,957.79, a significant increase of 2,589.13%[4] - The net cash inflow from operating activities was CNY 111,334,957.79, compared to a net outflow of CNY 4,472,841.50 in the previous period[18] - Total cash inflow from investment activities was CNY 167,199.97, while cash outflow was CNY 170,993,519.38, resulting in a net cash outflow of CNY 170,826,319.41[18] - Cash inflow from financing activities totaled CNY 77,000,000.00, with cash outflow amounting to CNY 78,705,977.46, leading to a net cash outflow of CNY 1,705,977.46[18] - The net increase in cash and cash equivalents was CNY -61,197,339.08, compared to an increase of CNY 243,150,090.92 in the previous period[18] - The ending balance of cash and cash equivalents was CNY 414,281,635.92, down from CNY 525,370,156.16 in the previous period[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,431,166,295.91, up 4.71% from the previous year[4] - Total current liabilities increased to ¥451,591,415.06 from ¥377,487,184.76, a rise of approximately 19.6%[13] - The company reported a long-term loan of ¥64,000,000.00, down from ¥78,000,000.00, a decrease of about 17.9%[13] - The total non-current assets increased to ¥1,527,231,150.30 from ¥1,390,602,256.38, reflecting a growth of approximately 9.8%[13] - Total liabilities increased to ¥564,427,163.22, compared to ¥500,197,068.49 in the previous period, reflecting a growth of 12.8%[14] - Total equity attributable to shareholders rose to ¥1,867,426,937.68, an increase of 2.8% from ¥1,821,905,616.31[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,900[10] - The largest shareholder, Qiongqing City Chengzhi Enterprise Management Consulting Co., Ltd., holds 41.05% of shares, totaling 39,882,000 shares[10] - The company has not disclosed any changes in the relationships or actions among the top shareholders[10] Operating Activities - The company received government subsidies amounting to CNY 787,921.00 during the quarter, contributing to other income[6] - The company’s short-term borrowings increased to CNY 6,000,000.00, reflecting a need for additional liquidity[8] - The company’s deferred income rose significantly by 885.87% to CNY 2,736,219.92, mainly due to government subsidies received[8] - The financial expenses decreased by 120.56% to CNY 354,941.33, attributed to reduced interest income from fundraising accounts[8] - The company did not declare dividends during the quarter, with cash paid for dividends and interest dropping by 92.43% to CNY 1,560,879.58[9] Inventory and Receivables - Accounts receivable increased to ¥124,039,879.68 from ¥114,615,027.13, reflecting a growth of about 8.0%[12] - Inventory rose to ¥281,020,971.79 from ¥273,644,222.66, indicating an increase of approximately 2.6%[12] Financial Reporting - The company did not execute the new accounting standards in the current year[19] - The third quarter financial report was not audited[19]

云南神农农业产业集团股份有限公司 2025 年第三季度报告 证券代码：605296 证券简称：神农集团 云南神农农业产业集团股份有限公司 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。 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 1,125,778,305.01 | -28.90 | 3,923,404, ...

Financial Performance - The company's revenue for Q3 2025 reached ¥249,090,839.58, representing a year-on-year increase of 10.19%[5] - Net profit attributable to shareholders for Q3 2025 was ¥42,623,620.94, up 21.39% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥41,478,304.77, reflecting a 22.08% increase year-on-year[5] - The company’s total revenue for the first nine months of 2025 was ¥727,650,478.44, a 23.43% increase compared to the same period in 2024[11] - Total operating revenue for the current period reached ¥727,650,478.44, an increase of 23.5% compared to ¥589,503,402.43 in the previous period[33] - Net profit for the current period was ¥137,205,293.35, representing a 18.8% increase from ¥115,473,912.27 in the previous period[34] - Basic and diluted earnings per share increased to ¥1.7501 from ¥1.5383, reflecting a growth of 13.7%[35] Cash Flow and Liquidity - The company reported a significant increase in cash flow from operating activities, with a net amount of ¥94,637,148.40, up 151.71% year-on-year[5] - The company's cash and cash equivalents increased significantly by 855.33% to ¥125,052,418.99 due to improved cash flow from operations[13] - Cash flow from operating activities generated a net amount of ¥94,637,148.40, significantly higher than ¥37,597,012.52 in the prior period[35] - Total cash and cash equivalents at the end of the period reached 234,076,009.18, up from 96,807,597.50 in the previous period[36] - The net increase in cash and cash equivalents was 125,052,418.99, compared to a decrease of 16,556,001.88 in the previous period[36] Assets and Liabilities - The total assets as of September 30, 2025, amounted to ¥1,606,272,797.01, a growth of 6.84% from the end of the previous year[5] - Total liabilities increased slightly to ¥233,623,500.84 from ¥234,438,517.83, showing a reduction of 0.3%[32] - The total liabilities increased, with accounts payable at approximately ¥89.64 million, up from ¥87.87 million, reflecting ongoing operational commitments[30] Shareholder Information - Total number of common shareholders at the end of the reporting period is 8,406[15] - Yang Fengkai and Yang Qiaoyun hold 30.80% and 29.37% of shares respectively, totaling 24,150,668 and 23,029,661 shares[15] - The top 10 shareholders account for significant ownership, with the largest shareholder holding 30.80%[15] - The company maintains a strong shareholder base with no significant changes in the ownership structure noted during the reporting period[15] Strategic Initiatives - The company plans to continue expanding its market presence in the automotive and engineering machinery sectors, leveraging its increased sales performance[11] - The company plans to increase its investment in Jiekafu (Mexico) by $4 million, bringing the total investment to $10 million, which will enhance its operational and market expansion capabilities[18] - The establishment of Jiekafu (Vietnam) is in preparation, aimed at leveraging market opportunities in Southeast Asia to enhance global competitiveness[19] - The Dongguan project has reached the construction milestone of topping out, with the factory expected to be operational by mid-2026[21] - The Shandong subsidiary has officially commenced operations, focusing on business expansion in the North China region, which will improve the company's domestic market responsiveness[23] Research and Development - Research and development expenses rose to ¥35,267,854.55, compared to ¥29,746,301.14 in the previous period, indicating a 18.5% increase[34] - New products and technologies are under development, although specific details were not disclosed in the provided content[16] Governance and Compliance - The company completed structural adjustments in its governance, enhancing operational compliance and governance standards[25] Other Financial Metrics - The company has seen a 441.69% increase in notes receivable, driven by revenue growth[10] - Inventory levels rose to approximately ¥163.09 million, up from ¥140.63 million, indicating a strategic buildup in stock[30] - Short-term borrowings were recorded at ¥31 million, marking the company's engagement in financing activities[30] - Cash inflow from financing activities totaled 53,472,508.05, a decrease from 510,973,317.01 in the prior period[36] - Cash outflow from financing activities was 60,682,979.81, down from 103,161,136.02 in the previous period[36] Audit Status - The third quarter financial report was not audited[37]

Financial Performance - The company's operating revenue for Q3 2025 was CNY 308,408,793.96, a decrease of 2.31% compared to the same period last year[4] - Net profit attributable to shareholders increased by 31.16% to CNY 17,588,670.82 for Q3 2025, while the net profit excluding non-recurring gains and losses rose by 31.74% to CNY 16,967,665.84[4] - The basic earnings per share for Q3 2025 was CNY 0.0299, reflecting a growth of 31.72% year-on-year[4] - The net profit for the current period is CNY 58,643,543.94, an increase from CNY 50,151,722.71 in the previous period, representing a growth of approximately 16.5%[25] - The total comprehensive income for the current period is CNY 71,334,245.17, compared to CNY 49,205,851.11 in the previous period, indicating a significant increase of about 45.0%[26] - Basic and diluted earnings per share for the current period are both CNY 0.0955, up from CNY 0.0814 in the previous period, reflecting an increase of approximately 17.0%[26] Assets and Equity - Total assets as of September 30, 2025, reached CNY 2,047,263,631.67, marking a 3.88% increase from the end of the previous year[4] - The company’s total equity attributable to shareholders rose by 5.15% to CNY 1,456,662,767.32 compared to the end of the previous year[4] - The company's total equity increased to 1.48 billion yuan from 1.41 billion yuan, reflecting a growth of approximately 5.2%[23] - The company’s cash and cash equivalents at the end of the period are CNY 307,464,552.32, down from CNY 317,514,972.53 in the previous period, showing a decrease of approximately 3.3%[27] Investments and Income - Long-term equity investments increased by 51.61% to CNY 304,518,764.12, primarily due to the recognition of compensation from a subsidiary[9] - Investment income saw a significant increase of 454.26%, amounting to CNY 1,531,851.19, driven by higher returns from associated enterprises[11] - The company reported a net investment income of 1.53 million yuan, a significant improvement from a loss of 0.43 million yuan in the previous period[24] Cash Flow - Cash flow from operating activities decreased by 24.13% to CNY 53,836,576.40 year-to-date[4] - Cash flow from operating activities for the current period is CNY 53,836,576.40, down from CNY 70,960,606.08 in the previous period, showing a decrease of about 24.2%[27] - Cash flow from investing activities resulted in a net outflow of CNY 71,697,190.61, compared to a net outflow of CNY 85,621,808.99 in the previous period, indicating an improvement of approximately 16.3%[27] - Cash flow from financing activities generated a net inflow of CNY 2,603,243.46, a decrease from CNY 25,210,002.15 in the previous period, representing a decline of about 89.7%[27] Liabilities and Expenses - Financial expenses surged by 121.88% to CNY 2,840,415.44, attributed to the repayment of financial support to a joint venture[11] - Current liabilities decreased to 394.97 million yuan from 497.86 million yuan, a reduction of about 20.7%[23] - The company reported a tax expense of CNY 13,844,380.55, down from CNY 15,652,338.49 in the previous period, indicating a decrease of about 11.6%[25] Other Notable Changes - The company reported a substantial increase of 468.78% in other receivables, totaling CNY 8,952,787.76, mainly due to new receivables from the disposal of old equipment[9] - Estimated liabilities increased by 55,818.67% compared to the beginning of the year, mainly due to the recognition of the fair value of 5.9792% equity to be returned to the original shareholders of a joint venture[13] - Tax refunds received increased by 5,380.80% year-on-year, mainly due to the receipt of export tax rebates[15] - The company’s other comprehensive income after tax for the current period is CNY 12,690,701.23, compared to a loss of CNY 945,871.60 in the previous period, indicating a significant recovery[25]