Revenue Performance - Revenue for Q3 2025 reached ¥243,460,772.56, an increase of 15.64% year-over-year, while year-to-date revenue decreased by 6.22% to ¥623,798,068.74[5]. - Total operating revenue decreased to ¥623,798,068.74 from ¥665,159,879.90, representing a decline of approximately 6.3% year-over-year[22]. - The company received cash from sales of goods and services amounting to ¥664,375,445.05, down from ¥727,737,603.13, a decrease of approximately 8.7%[25]. Profitability - Net profit attributable to shareholders was ¥4,829,619.77, down 60.59% compared to the same period last year, and year-to-date net profit decreased by 46.87% to ¥34,543,586.52[5]. - Net profit for the period was ¥34,543,586.52, down from ¥65,021,577.19, indicating a decline of approximately 46.8% year-over-year[22]. - Basic and diluted earnings per share for the quarter were ¥0.0442, a decline of 59.91% year-over-year, with year-to-date earnings per share at ¥0.3157, down 47.65%[5]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,159,182,922.90, a decrease of 4.91% from the previous year[5]. - The company's total assets decreased to ¥1,159,182,922.90 from ¥1,219,011,170.42, a decline of about 4.9%[20]. - Current liabilities decreased to ¥241,853,727.77 from ¥313,046,900.20, a reduction of approximately 22.8% year-over-year[20]. - The company’s total liabilities decreased to ¥246,085,667.12 from ¥317,523,903.80, a decline of approximately 22.4% year-over-year[20]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥25,200,385.31, down 54.43%[5]. - Cash flow from operating activities generated a net amount of ¥25,200,385.31, down from ¥55,296,776.11, a decrease of approximately 54.4%[26]. - Cash flow from financing activities resulted in a net outflow of ¥60,105,461.54, worsening from a net outflow of ¥22,735,858.66 in the prior period[26]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 18,999[13]. - The largest shareholder, Guangzhou Light Industry Group, holds 29.99% of shares, totaling 32,813,168 shares[13]. - The second largest shareholder, Rugao Xintai Investment, holds 13.88% of shares, totaling 15,186,832 shares[13]. Financial Changes - The company reported a significant increase in other receivables by 434.93% to ¥565,646.29, attributed to an increase in customer deposits[9]. - The company experienced a 38.38% decrease in cash and cash equivalents, primarily due to funds used for production operations and investment projects[9]. - The company’s financial expenses increased significantly by 1535.62% to -¥3,666,631.44, mainly due to foreign exchange rate fluctuations[10]. Investment Activities - Total cash inflow from investment activities was ¥975,023,956.36, compared to ¥1,428,069,178.73 in the previous period, indicating a decline of about 31.7%[26]. - The company’s investment cash outflow totaled ¥1,013,235,461.48, down from ¥1,553,387,863.24, a decrease of approximately 34.7%[26]. Government Support - The company received government subsidies amounting to ¥151,038.02 during the quarter, contributing to its financial performance[7].

长缆科技集团股份有限公司 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 证券代码：002879 证券简称：长缆科技 公告编号：2025-044 长缆科技集团股份有限公司 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 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 357,779,496.21 | 14.45% | 1,030,930,998.89 | 32.21% ...

Financial Performance - The company's operating revenue for Q3 2025 reached CNY 1,373,750,238.23, representing a year-on-year increase of 22.72%[5] - The net profit attributable to shareholders for Q3 2025 was CNY 187,067,590.98, a decrease of 58.50% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 197,197,150.34, down 47.58% year-on-year[5] - The basic earnings per share for Q3 2025 was CNY 0.09, a decline of 59.09% year-on-year[5] - The weighted average return on equity for Q3 2025 was 0.94%, a decrease of 1.40 percentage points year-on-year[5] - Total operating revenue for the current period reached ¥3,707,131,831.31, an increase of 26.8% compared to ¥2,924,084,445.02 in the previous period[44] - Net profit for the current period was ¥1,202,119,763.27, compared to ¥1,075,720,552.36 in the previous period, marking a growth of 11.8%[45] - Total comprehensive income attributable to the parent company was CNY 805,495,621.93, down from CNY 915,520,534.82 in the previous period, representing a decrease of approximately 12%[46] - Basic and diluted earnings per share decreased to CNY 0.39 from CNY 0.46, representing a decline of about 15.2%[46] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was CNY 4,057,512,571.72, showing a significant increase of 221.72%[5] - The company's cash and cash equivalents increased to CNY 7.06 billion as of September 30, 2025, compared to CNY 6.61 billion at the beginning of the period[40] - Cash inflow from sales of goods and services reached CNY 4,822,496,550.52, a substantial rise from CNY 2,292,546,053.47, indicating an increase of approximately 110%[47] - The net increase in cash and cash equivalents for the period was CNY 449,148,210.75, compared to a net decrease of CNY -3,260,652,010.16 in the prior period[48] - Cash and cash equivalents at the end of the period totaled CNY 6,934,849,077.96, an increase from CNY 5,736,218,860.29, reflecting a growth of approximately 20.9%[48] Assets and Liabilities - The total assets as of the end of the reporting period amounted to CNY 94,260,875,576.86, an increase of 5.48% from the end of the previous year[5] - Total liabilities rose to ¥68,270,797,843.66, up from ¥64,581,942,935.30, indicating a 10.5% increase[42] - The company's total equity increased to ¥25,990,077,733.20 from ¥24,785,355,704.63, reflecting a growth of 4.9%[42] - Long-term borrowings stood at ¥52,582,771,614.62, compared to ¥50,617,144,391.06 in the previous period, showing an increase of 3.9%[42] Investment and Capital Expenditure - The company has invested CNY 1.692 billion in six subsidiaries to ensure timely construction and operation of renewable energy projects[38] - The company plans to increase capital by CNY 1.642 billion to several wholly-owned subsidiaries to support renewable energy project development[35] - The company reported a net cash outflow from investment activities of CNY -6,050,010,044.99, compared to CNY -17,937,957,217.45 in the previous period, showing a reduction in cash outflow by about 66%[48] - The company received CNY 427,675,453.41 from investments, a decrease from CNY 3,066,828,994.24 in the previous period, reflecting a decline of about 86%[48] Power Generation and Renewable Energy - In Q3 2025, the company achieved a total power generation of 5.855 billion kWh, representing a year-over-year increase of 86.46%[11] - For the first three quarters of 2025, the cumulative power generation reached 15.154 billion kWh, up 95.41% year-over-year[11] - Wind power generation for the first three quarters was 6.070 billion kWh, a year-over-year increase of 12.41%, while solar power generation surged to 8.915 billion kWh, up 289.30%[11] - The company acquired a total of 3.77 million kW in new energy construction indicators across various projects in 2025[12] - The company has established multiple subsidiaries for renewable energy projects, including a registered capital of CNY 50 million for "Zhonglv Electric (Yulin) New Energy Power Co., Ltd." and CNY 20 million for "Zhonglv Electric (Lingwu City) New Energy Co., Ltd."[27][28] Shareholder Returns and Corporate Actions - The company plans to distribute a cash dividend of 2.00 RMB per 10 shares for the 2024 fiscal year, totaling approximately 413.32 million RMB[22] - For the 2025 mid-year dividend, the company will distribute 0.45 RMB per 10 shares, amounting to approximately 92.99 million RMB[23] - The company approved a share repurchase plan with a total budget of 61.84 million to 92.76 million RMB, with the repurchase period set for 12 months starting from September 16, 2025[24] Credit Rating and Financial Health - The company received an upgrade in its long-term credit rating to AAA from a credit rating agency, indicating a stable outlook[26] - The company reported a financial expense of ¥482,398,791.49, which is an increase from ¥352,467,773.94 in the prior period[45] Other Notable Information - The company experienced a decrease in profit margins due to increased competition and lower electricity prices, despite a rise in power generation from new energy projects[9] - The company has seen a significant increase in cash flow due to the recovery of renewable energy subsidies during the third quarter[9] - The third quarter financial report was not audited, indicating that the figures may be subject to adjustments[49]

Financial Performance - The company's revenue for Q3 2025 was ¥148,369,275.22, a decrease of 5.93% compared to the same period last year[4] - Net profit attributable to shareholders increased by 112.12% to ¥5,364,562.46, while net profit excluding non-recurring gains and losses decreased by 37.81% to ¥12,561,156.24[4] - Basic and diluted earnings per share were both ¥0.0162, reflecting an increase of 113.16% year-on-year[4] - Total operating revenue decreased to ¥476,195,233.12 from ¥505,560,683.83, representing a decline of approximately 5.7% year-over-year[20] - Net profit for the period was ¥24,418,791.01, down from ¥33,402,435.53, reflecting a decrease of approximately 26.9% year-over-year[22] - Earnings per share (EPS) decreased to ¥0.0729 from ¥0.1084, a decline of about 32.7% year-over-year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,983,619,110.84, a 0.44% increase from the previous year[5] - The company's total assets as of September 30, 2025, amounted to CNY 2,983,619,110.84, an increase from CNY 2,970,654,385.62 at the beginning of the period[16] - Current assets increased to CNY 2,414,642,306.45 from CNY 2,375,780,311.63, reflecting a growth of approximately 1.12%[17] - Total liabilities increased to ¥658,861,084.23 from ¥637,219,990.02, reflecting an increase of approximately 3.9% year-over-year[18] - The company's total liabilities increased, with current liabilities including accounts payable decreasing to CNY 10,663,685.39 from CNY 13,001,831.67, a decline of approximately 18%[17] Cash Flow - Cash flow from operating activities for the year-to-date was ¥41,548,844.03, showing a slight increase of 0.91%[4] - Cash inflow from operating activities totaled ¥535,723,149.74, down from ¥600,832,070.69, indicating a decrease of approximately 10.8% year-over-year[23] - The net cash flow from operating activities was $41,548,844.03, showing a slight increase from $41,175,388.85 in the previous period[24] - The total cash outflow from operating activities was $494,174,305.71, down from $559,656,681.84 in the prior period[24] Investment and Financial Activities - The company reported a significant increase in investment income, which rose by 141.28% to ¥11,565,434.04 due to gains from the disposal of financial assets[8] - Financial expenses increased to ¥9,608,017.34 from ¥4,351,479.19, representing an increase of approximately 120.5% year-over-year[21] - Cash inflow from investment activities totaled $461,881,788.97, significantly up from $105,257,875.37 in the prior period[24] - The company received $450,000,000.00 from investment recoveries, a significant increase from $100,000,000.00 previously[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,569, with the largest shareholder holding 39.08% of the shares[10] - The company is addressing issues related to shareholding transparency and has implemented a plan to reduce the number of shares held in trust[13] - The company reported that certain shareholders have resolved their shareholding issues, ensuring compliance with regulatory requirements[14] - The company is committed to protecting the interests of minority investors during the share reduction process[14] Expenses - Total operating costs decreased to ¥461,908,412.48 from ¥487,965,647.77, a reduction of about 5.3% year-over-year[20] - Research and development expenses were ¥11,554,503.24, down from ¥14,377,485.51, a decrease of about 19.5% year-over-year[21] - The company paid $87,882,445.89 to employees, a decrease from $110,162,283.72 in the previous period[24] - The company’s cash outflow for taxes was $68,038,842.62, down from $75,704,346.51 in the prior period[24]

Financial Performance - The company's revenue for Q3 2025 reached ¥121,884,608.14, representing a 97.93% increase year-over-year, and a total revenue of ¥349,842,820.13 for the year-to-date, up 75.75% compared to the same period last year[8] - Net profit attributable to shareholders for Q3 2025 was ¥36,437,029.71, a significant increase of 3,562.28% year-over-year, with a year-to-date net profit of ¥46,751,022.13, up 350.82%[8] - The basic and diluted earnings per share for Q3 2025 were both ¥0.12, reflecting a 3,433.33% increase compared to the same period last year[8] - Total operating revenue for the current period reached ¥349,842,820.13, a significant increase from ¥199,052,221.48 in the previous period, representing a growth of approximately 75.8%[25] - Net profit for the current period was ¥44,000,918.89, compared to a net loss of ¥19,057,394.58 in the previous period, indicating a turnaround in profitability[26] - Operating profit improved to ¥46,895,884.51 from a loss of ¥18,382,527.70 in the previous period, showcasing a substantial recovery in operational performance[26] - Basic earnings per share for the current period were ¥0.16, recovering from a loss of ¥0.06 per share in the previous period[27] Assets and Liabilities - The company's total assets as of September 30, 2025, were ¥2,182,168,654.82, an increase of 4.37% from the end of the previous year[8] - The total assets as of September 30, 2025, amounted to CNY 2,182,168,654.82, a decrease from CNY 2,090,873,326.37 at the beginning of the period[22] - Current assets increased to CNY 1,558,016,296.97 from CNY 1,437,262,524.00, reflecting a growth of approximately 8.4%[22] - Total liabilities increased to CNY 274,307,196.98 from CNY 237,792,967.29, reflecting a rise of approximately 15.4%[23] - The total equity attributable to shareholders increased to CNY 1,892,489,284.81 from CNY 1,834,958,082.81, showing a growth of about 3.1%[24] - The company's non-current assets decreased to CNY 624,152,357.85 from CNY 653,610,802.37, a decline of approximately 4.5%[23] Cash Flow - Cash flow from operating activities showed a net outflow of ¥15,310,585.40 year-to-date, indicating a decline of 183.49% compared to the previous year[8] - The net cash flow from operating activities for the first nine months of 2025 was -$15,310,585.40, a decrease of 183.49% compared to $18,338,092.48 in 2024, primarily due to increased tax payments[14] - The net cash flow from investing activities increased by 182.17%, reaching $70,141,058.76 in 2025, compared to -$85,357,789.52 in 2024, mainly due to reduced expenditures on financial investments and equipment purchases[14] - The net cash flow from financing activities improved by 92.31%, amounting to -$2,466,772.00 in 2025, compared to -$32,090,288.86 in 2024, primarily due to cash dividends paid in the previous year[14] - The company reported a net increase in cash and cash equivalents of ¥52,363,701.36, contrasting with a net decrease of ¥99,109,985.90 in the previous period[29] Shareholder Information - The total number of common shareholders at the end of the reporting period was 28,661, with no preferred shareholders having restored voting rights[16] - The top ten shareholders hold significant stakes, with the largest being Ran Guangwen at 12.18% (35,715,521 shares) and Ding Hongtao at 12.00% (35,176,175 shares)[16] - Ran Guangwen and Ding Hongtao, along with other major shareholders, have signed a concerted action agreement, indicating their control over the company[17] - There were no changes in the number of shares lent or returned by the top ten shareholders due to securities lending activities[18] - The number of restricted shares held by Ran Guangwen and Ding Hongtao was fully released after their respective six-month lock-up periods[19] - The company has no preferred shareholders or changes in restricted shares during the reporting period[18] Operational Metrics - The company reported a significant increase in accounts receivable, which rose by 150.75% to ¥24,468,271.39 due to increased business activity[12] - Contract liabilities increased by 109.84% to ¥19,330,552.75, reflecting a rise in customer prepayments[12] - The company experienced a 973.93% increase in credit impairment losses, amounting to -¥24,430,730.03, due to higher provisions for bad debts[13] - Investment income surged by 319.30% to ¥7,942,112.40, attributed to the increase in market value of external investment entities[13] - Research and development expenses increased to ¥28,127,221.11 from ¥26,011,594.60, reflecting the company's commitment to innovation[25] - Total operating costs for the current period were ¥297,500,818.34, up from ¥226,612,547.50, reflecting increased operational activities[25]

研奥电气股份有限公司 2025 年第三季度报告 证券代码：300923 证券简称：研奥股份 公告编号：2025-025 2025 年第三季度报告 研奥电气股份有限公司 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 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 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 92,869,689.00 | 15.63% | 338,479,298.68 | 20.78% | | 归属于上市公司股东 | 6,322,262.69 | 165.11% | 25,720,555.35 | 36.77% | | 的净利润（元） | | | | | | 归属于上市公司股东 的扣除非经常性损益 | 5,123,287.90 | 374.95% | ...

Financial Performance - The company's revenue for Q3 2025 reached ¥1,023,806,858.70, representing an increase of 11.42% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥45,800,447.92, up 13.27% year-on-year, while the net profit excluding non-recurring items decreased by 1.41% to ¥39,618,345.79[5]. - The basic earnings per share increased by 27.00% to ¥0.29, with diluted earnings per share also at ¥0.29[5]. - The company reported total operating revenue of ¥2,854,217,855.02 for the current period, an increase from ¥2,568,760,342.73 in the previous period, representing a growth of approximately 11.14%[21]. - The total profit for the current period is 156,302,725.03, up from 146,216,100.52 in the previous period, representing an increase of about 6.5%[22]. - The total comprehensive income attributable to the parent company is 147,438,083.14, compared to 125,431,567.43 in the previous period, indicating an increase of about 17.4%[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,145,711,838.03, reflecting a growth of 10.64% from the end of the previous year[5]. - Non-current assets totaled ¥1,627,551,895.58, up from ¥1,182,771,639.48, indicating a growth of approximately 37.67%[19]. - The company's total liabilities rose to ¥2,717,432,276.04 from ¥2,403,846,154.02, marking an increase of approximately 13.06%[19]. - The company's total equity increased to ¥1,428,279,561.99 from ¥1,343,119,808.09, representing a growth of about 6.34%[20]. Cash Flow - The company's cash flow from operating activities showed a significant increase of 679.32% year-to-date, totaling ¥166,454,950.91[5]. - Cash flow from operating activities generated a net amount of 166,454,950.91, a significant improvement from a negative cash flow of -28,732,764.32 in the previous period[24]. - The net cash flow from investing activities decreased by 72.92% to -¥492,897,273.83, primarily due to increased cash payments for the acquisition of fixed assets[11]. - Cash flow from investing activities resulted in a net outflow of -492,897,273.83, compared to -285,037,805.62 in the previous period, indicating increased investment activity[24]. - The net cash flow from financing activities decreased by 37.02% to ¥221,196,626.10, as there were no convertible bond issuance proceeds this period compared to the previous year[11]. - Cash flow from financing activities generated a net inflow of 221,196,626.10, down from 351,192,110.81 in the previous period, showing a decrease in financing activities[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 12,055[13]. - The largest shareholder, Ningbo Xiexie Industrial Group Co., Ltd., holds 52.50% of the shares, totaling 98,784,000 shares[13]. - The top ten shareholders collectively hold significant stakes, with the largest individual shareholder, Lin Guangyao, owning 3.29% (6,197,520 shares) of the company[13]. - The total number of restricted shares at the beginning of the period was 5,429,287, with 2,171,715 shares released from restriction during the period[16]. - The company has a total of 7,307,002 restricted shares at the end of the period, primarily due to executive lock-up agreements[16]. Operational Costs and Expenses - Total operating costs for the current period were ¥2,714,469,480.42, up from ¥2,425,724,195.37 in the previous period, indicating an increase of about 11.93%[21]. - The company experienced a 40.89% increase in taxes and surcharges, totaling ¥11,533,794.18, mainly due to higher stamp duty and property tax payments[10]. - The company reported a tax expense of 18,775,749.94 for the current period, compared to 15,256,275.26 in the previous period, reflecting an increase of approximately 23.5%[22]. Investment and Financing Activities - The company plans to raise up to ¥600 million through the issuance of convertible bonds, with proceeds allocated to various projects including the Shanghai high-speed copper cable project and the Mexico automotive cable production base project[17]. - The company's long-term borrowings increased by 64.73% to ¥549,200,000.00, attributed to financing for fixed asset purchases and ongoing projects[10]. - Short-term borrowings increased to ¥1,346,948,360.27 from ¥1,185,059,837.95, reflecting an increase of about 13.61%[19].

Financial Performance - The company's revenue for Q3 2025 reached ¥396,742,448.92, representing a year-on-year increase of 21.44%[5] - The net profit attributable to shareholders was ¥660,433.89, a significant decrease of 97.97% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was -¥2,879,823.52, reflecting a decline of 109.43% year-on-year[5] - Total operating revenue for the period reached ¥944,785,561.96, an increase of 16.0% compared to ¥814,139,659.81 in the previous period[27] - Operating profit decreased to ¥5,812,813.53, down 88.4% from ¥50,175,497.65 in the previous period[27] - Net profit attributable to shareholders of the parent company is 12,132,014.83, down from 53,961,502.03 in the previous period, representing a decline of approximately 77.5%[28] - The total comprehensive income for the current period is 17,962,754.51, a decrease from 57,121,499.52 in the previous period, representing a decline of approximately 68.6%[28] Assets and Liabilities - Total assets increased by 22.01% to ¥3,193,668,032.58 compared to the end of the previous year[5] - Total assets increased to ¥3,193,668,032.58, up 22.0% from ¥2,617,615,579.02 at the beginning of the period[25] - Total liabilities rose to ¥1,449,114,172.28, an increase of 52.2% from ¥952,664,019.46 at the beginning of the period[25] - Non-current assets totaled ¥1,699,806,488.36, up 48.9% from ¥1,141,876,630.94 at the beginning of the period[24] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥18,941,207.36, down 55.89% from the previous year[5] - Operating cash flow for the current period is 18,941,207.36, compared to 42,941,958.54 in the previous period, indicating a decrease of about 55.1%[31] - Cash and cash equivalents at the end of the period were ¥515,018,847.25, a decrease of 38.1% from ¥831,729,517.31 at the beginning of the period[23] - Cash and cash equivalents at the end of the period stand at 487,018,847.25, down from 645,052,079.61 in the previous period, reflecting a decline of approximately 24.5%[31] - The net cash flow from investing activities is -687,858,665.78, worsening from -78,230,861.50 in the previous period[31] - The net cash flow from financing activities improved to 462,071,939.33, compared to 121,291,060.40 in the previous period, indicating a significant increase[31] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,794[11] - The largest shareholder, Zhu Chuanqin, holds 29.77% of the shares, totaling 29,420,510 shares, with 6,600,000 shares pledged[12] - The second-largest shareholder, Xiao Xueyan, holds 9.62% of the shares, totaling 9,503,480 shares[12] - The total number of restricted shares at the end of the period was 48,234,415, with 13,781,261 shares released during the period[16] - The total number of unrestricted shares held by the top ten shareholders is 34,453,154[13] - The company’s major shareholders include Chongqing Weiduli Investment Partnership and Chongqing Zijian Investment Co., holding 6.32% and 5.12% respectively[12] Incentive Plans - The company plans to implement a 2025 stock incentive plan for 118 individuals, including key management and technical personnel[18] - The company has not received any objections regarding the proposed incentive plan during the public notice period[19] - The company’s stock incentive plan was approved by the board and supervisory committee, ensuring compliance with legal requirements[20] - The number of incentive plan participants was adjusted from 118 to 116, with a total grant of 744,500 shares at a price of ¥31.60 per share[21] Other Financial Metrics - Financial expenses surged by 260.18% to ¥6,294,251.67, primarily due to increased interest expenses on loans[9] - The company experienced a 123.84% rise in other income, totaling ¥16,425,824.48, attributed to increased government subsidies[9] - Research and development expenses for the period were ¥109,904,311.54, an increase of 30.2% compared to ¥84,495,926.76 in the previous period[27] - The weighted average return on equity was 0.04%, a decrease of 1.40% compared to the previous year[5] - The company has not reported any changes in the shareholding structure due to securities lending activities[13] - The company has not undergone an audit for the third quarter financial report[33]

Financial Performance - The company's operating revenue for the third quarter reached ¥389,710,292.12, representing a year-on-year increase of 32.86%[5] - Net profit attributable to shareholders was ¥55,297,620.52, a significant increase of 273.18% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥39,845,774.16, up 818.88% year-on-year[5] - Basic earnings per share were ¥0.0747, reflecting a 273.50% increase compared to the previous year[5] - Net profit for the current period was ¥115,700,327.94, representing a significant increase of 136.2% from ¥48,972,413.66 in the previous period[21] - Earnings per share (EPS) for the current period was ¥0.1608, compared to ¥0.0835 in the previous period, reflecting a growth of 92.5%[21] Cash Flow - The company reported a cash flow from operating activities of ¥256,852,183.13, an increase of 7.01% year-to-date[5] - Cash generated from operating activities was ¥1,134,983,171.19, an increase from ¥945,653,735.43 in the prior period[22] - Net cash flow from operating activities amounted to ¥256,852,183.13, an increase from ¥240,021,141.72 in the previous period, reflecting a growth of approximately 6.9%[23] - Total cash inflow from investment activities was ¥790,650,400.33, significantly higher than ¥272,817,108.04 in the prior period, indicating a substantial increase of about 189.5%[23] - Cash outflow from financing activities totaled ¥1,037,365,837.67, compared to ¥945,049,292.19 previously, representing an increase of approximately 9.8%[24] - The net cash flow from financing activities was -¥500,647,098.49, worsening from -¥342,676,116.52 in the previous period[24] - The cash and cash equivalents at the end of the period reached ¥572,087,509.00, up from ¥307,100,358.39 at the beginning of the period, marking an increase of approximately 86.3%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,798,054,686.61, a decrease of 4.13% from the end of the previous year[5] - Total current assets increased to ¥2,319,588,021.51 from ¥1,925,712,035.33, representing a growth of approximately 20.5%[15] - Total liabilities decreased to ¥2,438,544,661.38 from ¥2,820,306,060.25, indicating a reduction of approximately 13.5%[17] - Total equity increased to ¥4,359,510,025.23 from ¥4,270,881,399.08, showing a growth of 2.1%[17] Investment and Expenses - Investment income improved by 69.28%, with losses from equity method investments decreasing significantly[10] - Cash flow from investing activities surged to ¥363,923,932.65, a remarkable increase of 1326.52% due to asset disposals[10] - Sales expenses increased by 46.48% as a result of higher market expansion and travel-related costs[10] - Research and development expenses rose to ¥32,616,113.21, up from ¥29,336,747.71, indicating a focus on innovation[20] - The company reported a significant improvement in investment income, with losses reduced to -¥7,642,443.93 from -¥24,876,043.50 in the previous period[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 86,515[12] - The largest shareholder, Li Biao, holds 13.16% of shares, totaling 97,510,581 shares[12] Other Information - The company has no preferred shareholders as per the report[14] - The company has not disclosed any new product developments or market expansion strategies in the current report[14] - The company plans to expand its market presence and invest in new technologies to drive future growth[21] - The company did not audit its third-quarter financial report[25]

江苏双星彩塑新材料股份有限公司 2025 年第三季度报告 江苏双星彩塑新材料股份有限公司 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。 证券代码：002585 证券简称：双星新材 公告编号：2025-038 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 江苏双星彩塑新材料股份有限公司 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 | 年初至报告期末比 | | --- | --- | --- | --- | --- | | | | 增减 | | 上年同期增减 | | 营业收入（元） | 1,266,660,258. ...