Financial Performance - The company's operating revenue for Q3 2025 was ¥101,352,847.46, representing a 10.02% increase year-over-year[5] - Net profit attributable to shareholders increased by 132.54% to ¥3,834,512.63 for the quarter, and by 642.28% to ¥22,461,320.60 year-to-date[5] - Basic and diluted earnings per share rose by 125.00% to ¥0.01 for the quarter, and by 600.00% to ¥0.07 year-to-date[5] - Total operating revenue for the current period reached ¥298,444,867.17, an increase of 12.9% compared to ¥264,373,800.89 in the previous period[16] - Net profit for the current period was ¥22,380,505.25, significantly higher than ¥2,806,433.19 in the previous period, reflecting a growth of 696.5%[17] - The total comprehensive income for the current period was ¥22,380,505.25, compared to ¥2,806,433.19 in the previous period, indicating a substantial increase[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥521,167,974.75, a 4.34% increase from the end of the previous year[5] - Total assets increased from ¥499,483,944.22 to ¥521,167,974.75, an increase of approximately 4.3%[13] - Total current liabilities rose from ¥187,653,255.24 to ¥195,784,760.74, an increase of about 4.0%[13] - The total liabilities amounted to ¥196,634,860.86, slightly down from ¥197,331,335.58 in the previous period[14] - The total equity attributable to shareholders of the parent company increased to ¥324,329,635.02 from ¥301,868,314.42, reflecting a growth of 7.4%[14] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥48,165,331.10 year-to-date, a 28.17% increase in outflow compared to the previous year[5] - The company's operating cash inflow totaled ¥285,461,585.57, compared to ¥223,750,706.05 in the previous period, marking an increase of 27.7%[19] - Net cash flow from operating activities was -$48.17 million, an improvement from -$67.06 million in the previous period[20] - Total cash inflow from investment activities was $486.95 million, significantly higher than $4.38 million in the prior period[20] - Cash outflow from investment activities totaled $686.35 million, compared to $2.99 million previously, resulting in a net cash flow from investment activities of -$199.40 million[20] - Cash flow from financing activities showed a net outflow of -$1.40 million, worsening from -$1.14 million in the previous period[20] - The net increase in cash and cash equivalents was -$248.96 million, compared to -$66.82 million in the prior period[20] - The ending balance of cash and cash equivalents was $85.90 million, down from $134.95 million at the end of the previous period[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 18,200[10] - The largest shareholder, Shanghai Tianji Investment Co., Ltd., holds 28.91% of shares, totaling 94,578,291 shares[10] - The company reported a total of 60,013,002 unrestricted shares held by the largest unrestricted shareholder[10] - The company has no preferred shareholders or significant changes in the top 10 shareholders due to securities lending[11] Research and Development - Research and development expenses decreased by 66.53% compared to the same period last year, indicating a shift in R&D strategy[8] - Research and development expenses decreased to ¥363,635.31 from ¥1,086,492.23, a reduction of 66.5%[16] Other Income and Profitability - The company reported a significant increase in net profit due to a reduction in investor lawsuits related to false statements, contributing to a 215.75% increase in total profit year-over-year[8] - The company received government subsidies amounting to ¥285,979.06 during the quarter, contributing to other income growth of 31.43% year-over-year[6] - The company reported a significant increase in investment income of ¥1,621,896.57, compared to no income in the previous period[17] Audit and Reporting - The third quarter financial report was not audited[21]

Financial Performance - Revenue for Q3 2025 was CNY 228,147,428.86, a decrease of 45.39% year-on-year[5] - Net profit attributable to shareholders was CNY -37,217,420.47, down 263.94% compared to the same period last year[5] - Basic earnings per share decreased by 90.26% to CNY -0.0338[5] - The company experienced a 75.60% decrease in operating profit, attributed to declining revenue and increased costs[25] - The total profit decreased by 75.91% year-on-year, driven by reduced revenue and increased marketing expenses[27] - Total operating revenue decreased to ¥1,100,884,290.69 from ¥1,225,718,015.79, a decline of approximately 10.2% year-over-year[53] - Net profit fell to ¥13,557,452.56 compared to ¥93,019,280.38 in the previous period, representing a decline of approximately 85.4%[54] - Earnings per share decreased to ¥0.0097 from ¥0.0996, a drop of about 90.2% year-over-year[55] - The total comprehensive income for the period was ¥13,557,452.56, down from ¥93,019,280.38, reflecting a significant decrease of approximately 85.4%[54] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,953,896,460.85, a decrease of 4.99% from the end of the previous year[5] - The company's total current assets amount to ¥1,889,186,479.45, a decrease from ¥1,973,191,151.02 at the beginning of the period[50] - The total liabilities of the company are ¥732,566,036.96, down from ¥872,653,901.29[51] - The total assets of the company are ¥2,953,896,460.85, compared to ¥3,109,114,149.90 at the beginning of the period[51] - The company's cash and cash equivalents decreased to ¥435,163,660.22 from ¥533,351,737.92[50] - The accounts receivable decreased to ¥341,575,759.67 from ¥363,672,606.86[50] - The inventory increased to ¥486,739,108.21 from ¥450,423,157.67[50] - The total non-current assets are ¥1,064,709,981.40, down from ¥1,135,922,998.88[51] - The company's capital reserve increased to ¥605,734,490.17 from ¥602,485,194.28[51] - Total liabilities and equity decreased to ¥2,953,896,460.85 from ¥3,109,114,149.90, a reduction of about 5.0%[52] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -17,675,854.83, a decline of 108.40% year-on-year[5] - Cash flow from operating activities turned negative at -¥17,675,854.83, down from ¥210,307,789.06 in the previous period[55] - Cash and cash equivalents at the end of the period decreased to ¥433,640,401.77 from ¥518,345,383.85, a decline of approximately 16.3%[56] - The company reported a net cash outflow from investing activities of -¥14,725,730.05, compared to -¥114,209,461.50 in the previous period, indicating an improvement[56] Shareholder Information - The total number of common shareholders at the end of the reporting period is 57,010[46] - The largest shareholder, Gao Xue Ming, holds 39.52% of the shares, totaling 434,946,505 shares[46] Accounting and Reporting - The third quarter financial report of the company has not been audited[58] - The new accounting standards will be implemented starting from 2025[57] - 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[57] Future Outlook and Strategy - Future outlook and performance guidance details are not available in the current documents[57][58] - Information regarding new product and technology development is not mentioned[57][58] - Market expansion and acquisition strategies are not discussed in the provided content[57][58] - Other new strategies are not outlined in the documents[57][58] - There are no specific performance summaries or user data provided in the documents[57][58] - The company’s third quarter financial report does not include any specific numerical data or percentages[57][58]

盛达金属资源股份有限公司 2025 年第三季度报告 证券代码：000603 证券简称：盛达资源 公告编号：2025-059 盛达金属资源股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 1 盛达金属资源股份有限公司 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 其他符合非经常性损益定义的损益项目的具体情况： 适用 □不适用 本报告期，其他符合非经常性损益定义的损益项目系收到的个税手续费返还。 将《公开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》中列举的非经常性损益项目界定为经常性损益 项目的情况说明 □是 否 | | ...

宁波喜悦智行科技股份有限公司 2025 年第三季度报告 证券代码：301198 证券简称：喜悦智行 公告编号：2025-054 宁波喜悦智行科技股份有限公司 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： 公司是否需追溯调整或重述以前年度会计数据 □是 否 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 宁波喜悦智行科技股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 120,581,604.96 | 45.22% ...

无锡江南奕帆电力传动科技股份有限公司 2025 年第三季度报告 无锡江南奕帆电力传动科技股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完 整。 3.第三季度财务会计报告是否经过审计 证券代码：301023 证券简称：江南奕帆 公告编号：2025-063 □是 否 1 无锡江南奕帆电力传动科技股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 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） | 72,32 ...

Financial Performance - The company's operating revenue for the third quarter was CNY 841.28 million, a decrease of 8.68% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 23.86 million, down 61.30% year-on-year[5]. - Basic earnings per share decreased by 60.00% to CNY 0.006 compared to the previous year[5]. - Net profit for the current period was CNY 20,933,355.19, down 72% from CNY 74,661,546.28 in the previous period[25]. - Earnings per share (EPS) for the current period was CNY 0.05, compared to CNY 0.18 in the previous period[25]. - The net profit for the first nine months of 2025 was significantly impacted by a 61.46% decrease in net cash flow from operating activities, totaling ¥18,870,338.04 compared to ¥48,958,629.78 in the same period of 2024[14]. Assets and Equity - Total assets as of September 30, 2025, were CNY 2,401,494,054.03, representing a decrease of 3.50% from the end of the previous year[10]. - The company's equity attributable to shareholders was CNY 2,259,307,721.16, down 2.18% from the end of the previous year[10]. - Total assets amounted to CNY 2,401,494,054.03, a slight decrease from CNY 2,488,655,694.01[22]. - Total equity attributable to shareholders was CNY 2,259,307,721.16, compared to CNY 2,309,688,533.16 in the previous period[22]. Cash Flow - The cash flow from operating activities was CNY 18.87 million, a decline of 61.46% compared to the same period last year[5]. - Operating cash inflow for the current period is CNY 313,930,607.85, a decrease from CNY 358,511,330.00 in the previous period, resulting in a net cash flow from operating activities of CNY 18,870,338.04, down from CNY 48,958,629.78[26]. - Cash inflow from investment activities totaled CNY 179,041,323.76, compared to CNY 88,261,830.31 in the previous period, with a net cash flow from investment activities of CNY 46,747,617.31, a significant improvement from a net outflow of CNY 1,085,211,025.10[26]. - Cash outflow from financing activities was CNY 72,815,730.94, down from CNY 138,240,000.00 in the previous period, leading to a net cash flow from financing activities of -CNY 72,815,730.94[27]. - The total cash and cash equivalents at the end of the period is CNY 535,821,483.35, slightly up from CNY 520,745,020.94 in the previous period[27]. Income and Expenses - Non-operating income for the period amounted to CNY 6,258,606.17, a decrease from CNY 20,389,536.01 in the previous year[8]. - The company reported a significant increase in prepayments, which rose by 61.54% to CNY 5,993,392.74 due to increased payments to suppliers[10]. - The company reported a financial expense of CNY -8,147,213.61, a significant improvement from CNY -44,105,422.65 in the previous period[24]. - The income tax expense decreased by 72.43%, amounting to ¥2,183,492.08, primarily due to a reduction in total profit[13]. - Total operating costs increased to CNY 318,613,218.65, up from CNY 263,843,342.98, reflecting a significant rise in operating expenses[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,918[16]. - The largest shareholder, Shanghai Yongda Sheng Business Consulting Co., Ltd., holds 38.25% of the shares, totaling 159,732,000 shares[16]. - The company issued 4.5 new shares for every 10 shares held, increasing the share capital to CNY 417.6 million, a 45.00% increase[12]. Other Information - The company did not report any other items that meet the definition of non-recurring gains and losses[9]. - The company has not yet adopted the new accounting standards effective from 2025[28]. - The third quarter financial report has not been audited[28].

Financial Performance - The company's operating revenue for the third quarter was ¥38,521,946.94, a decrease of 56.54% compared to the same period last year[3]. - The total profit for the third quarter was -¥4,070,835.29, reflecting a decline of 152.76% year-on-year[3]. - The net profit attributable to shareholders for the third quarter was -¥2,898,528.92, down 139.62% from the previous year[3]. - The net profit after deducting non-recurring gains and losses for the third quarter was -¥3,812,765.70, a decrease of 159.30% compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2025 was CNY 135,884,054.95, a decrease of 35.7% compared to CNY 211,388,923.82 in the same period of 2024[18]. - Net profit for the first three quarters of 2025 was CNY 4,739,731.49, a significant decline of 74.7% from CNY 18,694,768.65 in the previous year[19]. - Earnings per share for the first three quarters of 2025 were CNY 0.05, compared to CNY 0.21 in the same period of 2024, indicating a decrease of 76.2%[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥736,452,801.77, a decrease of 6.22% from the end of the previous year[4]. - Total current assets as of September 30, 2025, amounted to CNY 542,932,019, a decrease of 11.4% from CNY 612,926,598.64 on December 31, 2024[14]. - Total liabilities decreased to CNY 134,393,759.42 from CNY 179,825,484.94, a decline of 25.2%[15]. - The total liabilities decreased to CNY 144,717,759.42 in 2025 from CNY 188,705,484.94 in 2024, a reduction of 23.3%[16]. - The total equity attributable to shareholders decreased to CNY 589,411,628.54 in 2025 from CNY 594,319,829.13 in 2024, a decline of 0.8%[16]. - The total assets decreased to CNY 736,452,801.77 in 2025 from CNY 785,339,501.80 in 2024, reflecting a decrease of 6.2%[16]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥24,120,339.44, an increase of 79.18% compared to the previous year[3]. - Net cash flow from operating activities was $24,120,339.44, an increase from $13,461,659.76 in the previous period[24]. - Total cash inflow from investment activities reached $667,712,456.94, compared to $390,748,482.55 last year[24]. - Cash outflow from investment activities was $754,956,362.58, resulting in a net cash flow of -$87,243,905.64, a decline from a positive $12,561,425.30 previously[24]. - Cash flow from financing activities showed a net outflow of -$18,759,871.00, compared to a slight positive of $131,113.00 in the prior period[24]. - The net increase in cash and cash equivalents was -$81,883,437.20, contrasting with an increase of $26,132,878.72 last year[25]. - The ending balance of cash and cash equivalents stood at $91,089,789.33, down from $134,534,610.13 in the previous period[25]. Research and Development - Research and development expenses for the third quarter amounted to ¥5,200,747.18, representing 13.50% of operating revenue, an increase of 7.22 percentage points year-on-year[4]. - Research and development expenses for the first three quarters of 2025 were CNY 16,036,043.61, a decrease of 13.6% compared to CNY 18,549,814.86 in 2024[19]. Market Conditions - The company attributed the decline in revenue to cyclical adjustments in the industry and increased competitive pressure in certain markets[8].

Financial Performance - The company's operating revenue for Q3 2025 was ¥79,860,112.44, a decrease of 10.43% compared to the same period last year[3] - The total profit for the period was ¥27,888,209.22, reflecting a slight decrease of 0.66% year-over-year[3] - The net profit attributable to shareholders was ¥24,589,358.09, down by 0.18% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥21,603,694.79, an increase of 8.20% year-over-year[3] - Total operating revenue for the first three quarters of 2025 reached CNY 220,336,402.50, an increase of 11.4% compared to CNY 197,443,986.61 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 66,240,523.84, representing a growth of 14.9% from CNY 57,750,152.85 in the previous year[20] - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.58, up from CNY 0.50 in the same period of 2024[20] Cash Flow - The net cash flow from operating activities decreased by 40.72% to ¥19,445,775.10 due to reduced bank interest income and government subsidies[10] - Cash flow from operating activities generated a net amount of CNY 25,633,421.14, a decrease of 52.2% compared to CNY 53,570,890.04 in the same period last year[22] - The net cash flow from financing activities was -52,587,455.09, worsening from -24,600,000.00 year-over-year[23] - The net increase in cash and cash equivalents was -490,419,713.66, compared to -172,246,984.67 previously, showing a substantial decline[23] Assets and Liabilities - The total assets at the end of the period were ¥1,203,284,047.74, a decrease of 1.50% from the end of the previous year[4] - Current assets totaled ¥1,023,560,865.07, down from ¥1,079,902,374.95 in the previous year, indicating a decrease of approximately 5.2%[15] - Cash and cash equivalents were reported at ¥100,212,061.15, significantly lower than ¥590,631,774.81 at the end of 2024[14] - Total liabilities decreased to ¥179,427,082.54 from ¥211,391,353.68, representing a reduction of about 15.1%[16] - The total liabilities and equity amounted to CNY 1,203,284,047.74, down from CNY 1,221,595,250.13 in the previous year[17] Research and Development - Research and development expenses totaled ¥5,549,671.73, accounting for 6.95% of operating revenue, an increase of 0.74 percentage points[4] - Research and development expenses increased to CNY 17,611,443.96, up from CNY 14,140,903.87, indicating a rise of 24.5%[19] Non-Recurring Gains and Other Activities - The company reported a total of ¥2,985,663.30 in non-recurring gains for the period, primarily from government subsidies and fair value changes[7] - The company has not reported any new product launches or technological advancements in the current period[14] - There are no significant mergers or acquisitions reported during this period[14] Investments - The company reported a significant increase in long-term investments, with fixed assets rising to ¥124,103,780.76 from ¥63,542,769.48, indicating a growth of approximately 95%[15] - Cash inflow from investment activities totaled CNY 2,033,002,399.40, compared to CNY 1,288,790,556.60 in the previous year, marking a significant increase[22] - The company reported a net cash outflow from investment activities of CNY 464,420,853.08, worsening from a net outflow of CNY 201,928,569.21 in the previous year[22]

山西华翔集团股份有限公司2025 年第三季度报告 证券代码：603112 证券简称：华翔股份 山西华翔集团股份有限公司 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 | 项目 | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上年 | | --- | --- | --- | --- | --- | | | | 增减变动幅度(%) | | 同期增减变动幅度(%) | | 营业收入 | 1,006,306,432.28 | 17.43 | 2,982,585,002.44 | 7.01 | | ...

Financial Performance - The company's operating revenue for the third quarter was ¥581,372,210.58, representing a year-on-year increase of 2.65%[3] - The total profit for the quarter was ¥28,751,880.28, showing a significant increase of 28.11% compared to the same period last year[3] - The net profit attributable to shareholders was ¥27,588,008.48, reflecting a year-on-year growth of 33.47%[3] - The net profit after deducting non-recurring gains and losses was ¥21,944,446.74, which is an increase of 36.04% year-on-year[3] - The basic earnings per share for the quarter was ¥0.12, up by 33.33% compared to the previous year[3] - Total operating revenue for the first three quarters of 2025 reached ¥1,766,856,816.98, a slight increase from ¥1,756,726,691.09 in the same period of 2024, representing a growth of approximately 0.8%[18] - Net profit for the first three quarters of 2025 was ¥72,094,608.87, down from ¥75,714,554.56 in 2024, reflecting a decrease of approximately 3.5%[20] - The total comprehensive income for the first three quarters of 2025 was ¥82,492,365.39, compared to ¥74,414,784.82 in 2024, reflecting an increase of approximately 10.3%[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,100,894,073.82, an increase of 1.88% from the end of the previous year[4] - As of September 30, 2025, the total assets of the company amounted to RMB 3,100,894,073.82, an increase from RMB 3,043,586,591.19 as of December 31, 2024, reflecting a growth of approximately 1.9%[13] - The company's total liabilities increased to RMB 1,500,000,000.00, compared to RMB 1,450,000,000.00 in the previous period, indicating a growth of about 3.4%[14] - The company's total current liabilities increased to RMB 1,084,000,000.00, compared to RMB 1,020,000,000.00 in the previous period, reflecting a growth of approximately 6.3%[14] - The company's total liabilities as of the end of the reporting period amounted to ¥1,337,685,708.30, slightly up from ¥1,320,491,012.94 in the previous year[18] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥89,707,333.66, reflecting an increase of 89.48%[3] - Cash flow from operating activities for the first three quarters of 2025 was ¥1,576,870,957.93, compared to ¥1,515,321,189.29 in 2024, marking an increase of approximately 4.1%[23] - Net cash flow from operating activities increased to ¥89,707,333.66, up from ¥47,344,785.68 year-over-year, reflecting a significant improvement in operational efficiency[24] - Cash inflow from investment activities totaled ¥895,652,552.14, compared to ¥458,201,887.92 in the previous period, indicating a strong recovery in investment returns[24] - Net cash flow from financing activities was positive at ¥6,492,594.83, a recovery from the previous year's net cash flow of ¥1,523,694.21[25] - The total cash and cash equivalents at the end of the period reached ¥483,873,509.12, an increase from ¥299,408,331.99 year-over-year[25] Inventory and Receivables - Accounts receivable decreased to RMB 356,988,454.92 from RMB 392,225,589.50, indicating a decline of approximately 8.9%[13] - Inventory increased to RMB 434,430,005.85 from RMB 396,384,960.33, showing a rise of around 9.6%[14] Financial Management - The company reported non-recurring gains of ¥5,643,561.74 for the quarter, with significant contributions from government subsidies and asset disposals[8] - The weighted average return on equity was 1.63%, an increase of 0.43 percentage points compared to the previous year[3] - The company paid ¥193,246,327.24 in debt repayments, a decrease from ¥231,223,436.31, indicating improved debt management[25] - Total cash outflow from financing activities was ¥291,569,680.03, down from ¥363,015,535.19, reflecting a strategic reduction in financing costs[25] - The company received ¥219,010,000.00 in new borrowings, compared to ¥280,474,149.39 previously, suggesting a cautious approach to leveraging[25] Future Plans and Changes - The company plans to enhance inventory management and increase bank credit utilization to improve cash flow in the future[8] - The company plans to implement new accounting standards starting in 2025, which may affect future financial reporting[26]