深圳市富安娜家居用品股份有限公司 2025 年第三季度报告 证券代码：002327 证券简称：富安娜 公告编号：2025-050 深圳市富安娜家居用品股份有限公司 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。 （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） | 535,493,537.26 | -7.58% | 1,626,593,599.36 | -13.80% | | 归属于上市公司股东 的净利润（元） | 53,574,327.66 | -28.74% | 159,723,817.68 | -45.52% | | 归属 ...

金财互联控股股份有限公司 2025 年第三季度报告 证券代码：002530 证券简称：金财互联 公告编号：2025-055 金财互联控股股份有限公司 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 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 | 年初至报告期 | 年初至报告期末比 | | --- | --- | --- | --- | --- | | | | 期增减 | 末 | 上年同期增减 | | 营业收入（元） | 282,432,032.38 | -7.52% | 750,018,180.94 | -17.3 ...

Financial Performance - The company's operating revenue for Q3 reached ¥728,860,135.77, representing a year-on-year increase of 13.78%[5] - The net profit attributable to shareholders was ¥13,072,391.15, a significant increase of 57.96% compared to the same period last year[5] - The company reported a decrease in operating profit of 42.56%, amounting to ¥21,500,000, primarily due to increased sales expenses and reduced gross profit[9] - Investment income for the current period was ¥13,571,900, an increase of 45.64% year-on-year[9] - Total operating revenue for Q3 2025 reached ¥1,974,030,554.24, an increase of 3.9% compared to ¥1,899,661,465.95 in the same period last year[23] - Net profit for the period was ¥38,684,897.22, a decrease of 16.5% from ¥46,307,953.33 in the previous year[24] - The company reported a gross profit margin of approximately 0.5% for the quarter, down from the previous year's margin[23] - Total comprehensive income for the period was CNY 38,637,441.47, compared to CNY 46,257,974.69 in the previous period, reflecting a decrease of approximately 16.5%[25] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period decreased by 73.25%, totaling ¥37,144,494.36[10] - Net cash flow from operating activities was CNY 37,144,494.36, down from CNY 138,840,281.70, indicating a significant decrease of approximately 73.3%[25] - Cash inflow from operating activities totaled CNY 2,341,565,615.49, an increase from CNY 2,272,896,044.77, showing a growth of about 3.0%[25] - Cash outflow from operating activities increased to CNY 2,304,421,121.13 from CNY 2,134,055,763.07, marking an increase of approximately 7.9%[25] - Net cash flow from investing activities was negative at CNY -77,979,440.98, an improvement from CNY -179,045,232.59 in the previous period[26] - Cash inflow from financing activities increased to CNY 2,672,853,703.90 from CNY 2,353,187,323.10, reflecting a growth of about 13.5%[26] - Net cash flow from financing activities was CNY 331,751,097.43, up from CNY 212,338,510.43, indicating an increase of approximately 56.3%[26] - The ending balance of cash and cash equivalents was CNY 839,509,908.21, compared to CNY 770,772,218.14 in the previous period, representing an increase of about 8.9%[26] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥5,402,575,724.54, reflecting a 12.45% increase from the previous year-end[5] - The company's total assets increased to ¥5,402,575,724.54, compared to ¥4,804,500,784.12 at the end of the previous period, marking a growth of 12.4%[21] - The company's total liabilities increased by 50.80% for current liabilities due within one year, totaling ¥564,900,900[9] - Current liabilities rose to ¥2,178,586,512.01, up from ¥1,822,732,454.20, indicating an increase of 19.6%[21] - Long-term borrowings increased to ¥1,130,950,000.00 from ¥905,590,000.00, representing a growth of 25%[21] Project Development - The company plans to expand its epoxy propane production capacity from 100,000 tons to 250,000 tons through a technical upgrade project[14] - The first phase of the technical upgrade project will increase the capacity to 160,000 tons per year, adding 60,000 tons of new capacity[15] - The project has faced delays due to local government energy consumption policies, leading to a revised completion date of December 31, 2025[16] - The company has completed approximately 90% of the civil engineering work for the epoxy propane project, with 80% of the single machine debugging completed[17] - The company has received necessary approvals for environmental assessments and safety evaluations for the project[17] - The company is committed to ensuring the steady implementation of the project despite the delays, indicating a focus on long-term growth[16] - The company has adjusted its project implementation plan to address the increasing policy and management requirements for chemical projects[15] Shareholder Information - The basic earnings per share for the reporting period was ¥0.0178, reflecting a year-on-year increase of 57.52%[5] - Basic and diluted earnings per share decreased to CNY 0.0509 from CNY 0.0627, representing a decline of about 18.7%[25] - The total equity attributable to shareholders increased to ¥2,044,344,648.60 from ¥2,031,685,546.38, a slight increase of 0.6%[21] Other Financial Metrics - The company's financial expenses were ¥51,815,440.19, compared to ¥48,817,568.25 in the previous year, indicating an increase of 6.1%[24] - Research and development expenses for the quarter were ¥64,065,159.35, compared to ¥60,391,606.40, reflecting a year-over-year increase of 6.1%[24] - The third quarter financial report was not audited, which may impact the reliability of the reported figures[27]

Financial Performance - Q3 2025 revenue reached ¥845,272,972.17, an increase of 13.72% year-over-year[5] - Net profit attributable to shareholders was ¥37,142,042.63, a decrease of 35.46% compared to the same period last year[5] - Basic earnings per share (EPS) was ¥0.0911, down 35.46% year-over-year[5] - Total operating revenue for the third quarter reached ¥2,254,587,559.44, an increase of 4.31% compared to ¥2,161,486,987.46 in the previous year[17] - Net profit for the period was ¥144,520,077.76, a decrease of 27.0% from ¥197,822,347.54 in the previous year[18] - The company reported a basic earnings per share of ¥0.3561, down from ¥0.4856 in the same quarter last year[18] Assets and Liabilities - Total assets increased to ¥5,454,456,537.62, reflecting a growth of 7.24% from the end of the previous year[5] - The company's total assets increased to ¥5,454,456,537.62, compared to ¥5,086,005,685.42 at the end of the previous period, reflecting a growth of 7.25%[15] - Total liabilities rose to ¥3,367,954,226.34, an increase of 7.63% from ¥3,129,206,397.43 in the previous year[15] - The company’s total non-current liabilities reached ¥1,286,230,956.40, up from ¥800,610,831.32, indicating a rise of 60.5%[15] Cash Flow - Cash flow from operating activities for the year-to-date was ¥164,581,235.03, a decline of 20.77% compared to the previous year[5] - Cash flow from operating activities was ¥1,871,816,673.56, a decrease of 15.36% compared to ¥2,211,452,122.63 in the previous year[19] - Net cash flow from operating activities was $164,581,235.03, a decrease of 20.8% compared to $207,721,451.74 in the previous period[20] - The net cash flow from financing activities increased by 50.74% to ¥181,938,265.40, primarily due to new borrowings[10] - The net cash flow from financing activities was $181,938,265.40, an increase of 50.9% from $120,692,964.46 in the previous period[20] - Total cash inflow from financing activities reached $1,187,762,532.28, up from $1,009,872,383.24, indicating a growth of 17.6%[20] - Cash received from operating activities totaled $2,150,145,437.91, down 11.3% from $2,424,745,669.89[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 56,416[11] - The largest shareholder, Li Shuibo, holds 25.06% of shares, totaling 102,200,850 shares[11] - The company has no preferred shareholders as of the reporting period[12] - The company has a repurchase account holding 2,013,571 shares, accounting for 0.49% of the total share capital[11] - The top ten shareholders hold a significant portion of the company's shares, with the top two alone holding over 41%[11] - The company has not reported any changes in the number of shareholders participating in margin trading[11] Inventory and Receivables - Accounts receivable increased from 792,200,343.94 CNY to 899,507,873.10 CNY, representing an increase of about 13.5%[13] - Inventory decreased slightly from 1,548,675,201.14 CNY to 1,535,372,243.89 CNY, a decrease of approximately 0.9%[13] - The total current assets amount to 3,067,460,805.54 CNY, a slight decrease from 3,074,994,769.66 CNY[13] Borrowings and Impairments - The company reported a significant increase in long-term borrowings, which rose by 71.59% to ¥1,146,011,358.35[10] - Long-term borrowings increased significantly to ¥1,146,011,358.35, compared to ¥667,860,685.32 in the previous year, marking a growth of 71.5%[15] - The company experienced a 1610.64% increase in asset impairment losses, totaling -¥7,241,759.18 due to inventory write-downs[10] Other Comprehensive Income - Other comprehensive income after tax was ¥5,210,836.47, compared to a loss of ¥4,506,071.23 in the previous year[18] Cash and Cash Equivalents - The company's cash and cash equivalents decreased from 533,381,794.66 CNY to 481,693,554.58 CNY, a decline of approximately 9.7%[13] - The ending cash and cash equivalents balance was $293,805,509.73, up from $255,576,619.76, representing an increase of 14.9%[20] - Cash paid for purchasing goods and services was $1,291,610,410.70, a decrease of 12.3% compared to $1,472,704,891.17[20] - Cash received from investment activities was $1,243,282.03, significantly higher than $72,716.60 in the previous period[20] - Cash paid for other investing activities was $14,421,602.45, slightly lower than $15,982,331.00 previously[20] - The impact of exchange rate changes on cash and cash equivalents was $363,780.19, compared to a negative impact of $1,333,781.76 in the previous period[20]

Financial Performance - The company's operating revenue for the third quarter reached ¥404,806,957.94, representing an increase of 83.97% year-on-year[5] - Net profit attributable to shareholders was ¥35,755,316.64, a significant increase of 476.02% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥31,733,551.63, up 379.24% year-on-year[5] - The basic earnings per share were ¥0.17, reflecting a growth of 525.00% compared to the previous year[5] - The company experienced a 125.08% increase in operating revenue year-to-date, totaling ¥1,200,372,678.95[10] - The company’s net profit for the year-to-date reached ¥85,241,731.53, marking a 301.08% increase compared to the same period last year[11] - Total operating revenue reached ¥1,200,372,678.95, compared to ¥533,302,081.54 in the previous period, indicating a significant increase[23] - Net profit for the period was ¥85,241,731.53, a recovery from a net loss of ¥42,392,562.03 in the previous period[23][24] - The company reported a basic and diluted earnings per share of ¥0.39, compared to a loss of ¥0.20 per share in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,263,303,452.11, a slight decrease of 0.45% from the end of the previous year[5] - Total assets decreased slightly to ¥3,263,303,452.11 from ¥3,277,961,829.95[20] - Total liabilities decreased to ¥262,231,854.91 from ¥330,275,352.74, indicating improved financial stability[20] - The company's total equity increased to ¥3,001,071,597.20 from ¥2,947,686,477.21, showing growth in shareholder value[20] Cash Flow - The company reported a cash flow from operating activities of ¥183,036,722.98, a remarkable increase of 2,803.16% year-to-date[5] - Operating cash flow for the current period reached ¥183,036,722.98, a significant improvement from a negative cash flow of ¥6,771,217.73 in the previous period[26] - Total cash inflow from investment activities was ¥3,597,398,107.02, compared to ¥3,358,652,302.65 in the prior period, indicating a growth of approximately 7.1%[27] - Cash outflow from investment activities totaled ¥3,770,519,514.88, down from ¥4,336,857,624.88, reflecting a decrease of about 13%[28] - The net cash flow from investment activities was -¥173,121,407.86, an improvement from -¥978,205,322.23 in the previous period[27] - Cash and cash equivalents at the end of the period amounted to ¥453,804,654.34, compared to ¥870,531,981.57 at the end of the previous period[28] - The company received cash from sales of goods and services totaling ¥1,232,172,085.22, a substantial increase from ¥431,846,437.38 in the prior period[26] - Total cash outflow from operating activities was ¥1,110,346,634.19, compared to ¥538,591,540.96 in the previous period, indicating a rise of about 106.5%[26] - The company reported a cash inflow from other operating activities of ¥27,846,759.51, down from ¥79,091,685.18, a decrease of approximately 64.8%[26] - The net cash flow from financing activities was -¥3,924,008.08, compared to a positive cash flow of ¥49,622.99 in the previous period, indicating a significant shift in financing activities[28] Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,850[13] - The largest shareholder, Fang Qinghua, holds 41.05% of shares, totaling 88,666,080 shares[13] - The second-largest shareholder, Zhu Caiqin, holds 14.03% of shares, totaling 30,294,000 shares[13] - The company has a total of 161,190,000 restricted shares at the end of the period, with no new restrictions added[16] Research and Development - Research and development expenses were ¥16,539,449.95, down from ¥18,341,503.04, suggesting a potential shift in investment strategy[23] Other Comprehensive Income - Other comprehensive income after tax was reported at -¥31,856,611.54, compared to -¥19,625,655.11 in the previous period, indicating increased volatility in this area[24]

Revenue and Profit - The company's revenue for the third quarter reached ¥74,034,361.91, representing a year-on-year increase of 112.35%[3] - Year-to-date revenue amounted to ¥185,064,398.50, showing a growth of 100.08% compared to the same period last year[3] - The total profit for the third quarter was -¥16,959,566.05, with a year-to-date total profit of -¥52,193,846.99[3] - The net profit attributable to shareholders for the third quarter was -¥15,561,767.47, and year-to-date net profit was -¥48,785,671.76[3] - Total operating revenue for the first three quarters of 2025 reached CNY 185,064,398.50, a significant increase from CNY 92,494,786.38 in the same period of 2024, representing a growth of 100%[17] - The net loss for the first three quarters of 2025 was CNY -49,511,769.70, compared to a net loss of CNY -37,809,461.12 in the same period of 2024, reflecting a deterioration in performance[18] Research and Development - Research and development expenses for the third quarter totaled ¥20,860,219.77, accounting for 28.18% of revenue, a decrease of 10.75 percentage points year-on-year[4] - The increase in R&D investment was driven by market development and customer demand, leading to a broader product range[7] - Research and development expenses for the first three quarters of 2025 amounted to CNY 56,115,260.40, compared to CNY 38,551,093.06 in 2024, marking an increase of 45.5%[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥975,145,720.10, reflecting a slight increase of 1.08% from the previous year-end[4] - The total assets as of the reporting date were CNY 975,145,720.10, compared to CNY 964,768,023.51 at the end of the previous period, showing a slight increase of 1.4%[14] - Total liabilities increased to CNY 117,755,975.02 from CNY 59,561,475.83, representing a growth of 97.5%[14] - The company's equity attributable to shareholders decreased by 6.54% to ¥846,041,050.81 compared to the previous year-end[4] - The company's equity attributable to shareholders decreased to CNY 846,041,050.81 from CNY 905,234,059.39, a decline of 6.5%[14] Cash Flow - The company reported a net cash flow from operating activities of -¥55,245,397.37 year-to-date[3] - Cash inflow from operating activities for the first nine months reached $167.84 million, compared to $97.26 million in the same period last year, representing a 72.2% increase[21] - Net cash outflow from operating activities was $55.25 million, worsening from a net outflow of $36.09 million year-over-year[21] - Cash inflow from investment activities totaled $940.53 million, up from $702.81 million, marking a 33.8% increase[22] - Net cash flow from investment activities improved to $125.62 million, compared to a net outflow of $149.38 million in the previous year[22] - The ending cash and cash equivalents balance increased to $226.42 million, compared to $193.16 million at the end of the previous year[22] Shareholder Information - The company has a total of 7,344 common shareholders at the end of the reporting period[9] - The top shareholder, Ding Guohua, holds 15.20% of the shares, amounting to 11,198,042 shares[9] - The company has engaged in strategic partnerships, with several shareholders signing a concerted action agreement, indicating potential collaborative strategies moving forward[10] - The company has not reported any significant changes in the top 10 shareholders due to securities lending activities[11] Future Outlook - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[10] - The company plans to implement new accounting standards starting in 2025, which may affect future financial reporting[23]

Financial Performance - The company's operating revenue for the third quarter reached ¥125,325,758.13, representing a year-on-year increase of 66.30%[4] - The total profit for the period was ¥13,722,322.32, while the net profit attributable to shareholders was ¥11,968,033.69[4] - The total profit for the year-to-date period reached ¥17,366,845.33, with a net profit attributable to shareholders of ¥20,942,553.29[4] - Total operating revenue for the first three quarters of 2025 reached ¥339,390,192.06, a significant increase from ¥202,721,135.17 in the same period of 2024, representing a growth of approximately 67.4%[21] - Operating profit for the first three quarters of 2025 was ¥17,630,174.94, compared to a loss of ¥90,243,886.04 in the same period of 2024, indicating a turnaround in profitability[21] - Net profit for the first three quarters of 2025 was ¥22,018,108.36, contrasting with a net loss of ¥62,235,161.07 in the same period of 2024, marking a substantial improvement[22] - The net profit for the first three quarters of 2025 was ¥27,378,864.97, recovering from a net loss of ¥59,964,843.17 in the first three quarters of 2024[31] Research and Development - Research and development expenses amounted to ¥28,969,135.86, accounting for 23.12% of operating revenue, a decrease of 19.43% compared to the previous year[5] - Research and development expenses for the first three quarters of 2025 totaled ¥86,390,463.80, slightly down from ¥94,262,309.82 in the same period of 2024, reflecting a focus on cost management[21] - Research and development expenses for the first three quarters of 2025 were ¥81,377,480.47, slightly lower than ¥87,194,255.76 in the same period of 2024[31] Assets and Liabilities - Total assets increased to ¥3,333,180,308.13, reflecting a growth of 0.94% from the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥1,237,123,969.65, a decrease from ¥1,633,139,116.05 as of December 31, 2024[15] - Total liabilities as of September 30, 2025, are ¥270,589,586.86, compared to ¥260,216,820.06 at the end of 2024[16] - The company’s total assets amount to ¥3,333,180,308.13, slightly up from ¥3,302,078,019.35[16] - The total liabilities increased to ¥320,358,487.22 in 2025 from ¥309,726,459.75 in 2024, indicating a rise of approximately 8.3%[21] - The total equity attributable to shareholders of the parent company rose to ¥3,005,334,709.04 in 2025, up from ¥2,985,940,002.80 in 2024, showing a growth of about 0.7%[21] - The total assets as of September 30, 2025, amounted to ¥3,250,770,073.13, compared to ¥3,196,548,901.20 at the end of 2024, reflecting a growth of 1.7%[28] - The total liabilities increased to ¥234,714,813.43 as of September 30, 2025, compared to ¥208,824,659.42 at the end of 2024, representing an increase of 12.4%[28] Cash Flow - The company reported a net cash outflow from operating activities of ¥36,184,605.47 for the first three quarters of 2025, an improvement from a net outflow of ¥47,385,999.54 in the same period of 2024[24] - The net cash flow from operating activities for the first three quarters of 2025 was -169,157,966.17 RMB, compared to -38,443,019.02 RMB in the same period of 2024, indicating a significant decline[33] - The company reported a net cash outflow from investing activities of ¥470,927,346.19 for the period, compared to a net outflow of ¥453,149,000.19 in the previous year[25] - The cash inflow from financing activities was ¥42,129,537.78, a decrease from ¥92,594,887.24 in the same period of 2024[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 18,200[12] - The largest shareholder, Suzhou Huafeng Investment Center, holds 32,409,000 shares, representing 18.38% of total shares[12] Market and Product Development - The company reported a significant increase in high-power product revenue, contributing to the overall growth in operating income[9] - The company is focused on market expansion and has achieved significant customer recognition for its optical communication products, leading to increased sales[9] - The company has successfully opened up other business growth curves through prior investments in optical communication and related sectors[10] Other Financial Metrics - The basic earnings per share for the quarter was ¥0.0679, with a diluted earnings per share also at ¥0.0679[5] - The company achieved a basic earnings per share of ¥0.1188 in the first three quarters of 2025, recovering from a loss per share of ¥0.3604 in the same period of 2024[22] - The company incurred cash outflows of 457,987,126.83 RMB from operating activities in 2025, compared to 334,380,474.74 RMB in 2024, reflecting increased operational costs[33] - Cash received from sales of goods and services was 246,348,280.10 RMB in the first three quarters of 2025, a slight decrease from 249,647,414.78 RMB in 2024[33] Accounting Standards - The company has not adopted new accounting standards for the year 2025, as indicated in the announcement[35]

成都大宏立机器股份有限公司 2025 年第三季度报告 证券代码：300865 证券简称：大宏立 公告编号：2025-074 成都大宏立机器股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 1 成都大宏立机器股份有限公司 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） | 62,819,225.83 | -40.69% | 24 ...

Financial Performance - The company's operating revenue for Q3 2025 was CNY 4,146,735,271.27, an increase of 8.95% compared to the same period last year[4] - The total profit for Q3 2025 decreased by 46.91% year-on-year to CNY 111,081,081.86[4] - The net profit attributable to shareholders for Q3 2025 was CNY 87,191,556.71, down 49.81% from the previous year[4] - The basic and diluted earnings per share for Q3 2025 were both CNY 0.07, reflecting a decrease of 53.33% year-on-year[5] - The weighted average return on equity for Q3 2025 was 0.92%, a decrease of 0.91 percentage points compared to the previous year[5] - Total operating revenue for the first three quarters of 2025 reached CNY 12.14 billion, an increase of 7.1% compared to CNY 11.33 billion in the same period of 2024[22] - Total operating costs for the first three quarters of 2025 were CNY 11.86 billion, up from CNY 11.09 billion in 2024, reflecting a year-on-year increase of 6.9%[22] - Operating profit for the first three quarters of 2025 was CNY 737.15 million, compared to CNY 543.69 million in 2024, representing a growth of 35.6%[22] - Net profit for the first three quarters of 2025 was CNY 621.54 million, an increase of 22.6% from CNY 506.70 million in the same period of 2024[23] - Earnings per share for the first three quarters of 2025 were CNY 0.53, up from CNY 0.42 in 2024, indicating a growth of 26.2%[23] Assets and Liabilities - The total assets at the end of Q3 2025 were CNY 15,594,670,846.14, representing a 3.99% increase from the end of the previous year[5] - Total current assets as of September 30, 2025, amount to ¥8,823,261,938.92, an increase from ¥8,233,901,693.23 as of December 31, 2024[17] - Total assets as of September 30, 2025, are ¥15,594,670,846.14, up from ¥14,996,114,827.69[18] - Total liabilities as of the end of the reporting period amounted to CNY 5.60 billion, compared to CNY 5.27 billion at the end of the previous year, reflecting an increase of 6.3%[22] - Total equity increased to CNY 9.99 billion from CNY 9.73 billion, marking a growth of 2.7% year-on-year[22] - The total liabilities include accounts payable of ¥886,228,385.18, down from ¥1,039,921,221.10[18] Cash Flow - Cash flow from operating activities for the year-to-date period increased significantly, amounting to CNY 266,023,498.62, up 9,278.80% year-on-year[12] - In the first three quarters of 2025, the net cash flow from operating activities was approximately ¥266 million, a significant increase from ¥2.84 million in the same period of 2024, indicating improved operational efficiency[25] - Total cash inflow from operating activities for the first three quarters of 2025 was ¥12.46 billion, compared to ¥12.24 billion in 2024, reflecting a year-over-year growth of 1.9%[25] - Cash outflow from operating activities decreased slightly to ¥12.20 billion in 2025 from ¥12.24 billion in 2024, showing better cost management[25] - The ending cash and cash equivalents balance for the first three quarters of 2025 was ¥1.95 billion, up from ¥1.54 billion in 2024, indicating a stronger liquidity position[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 71,569[14] - The largest shareholder, Sun Jie, holds 208,780,003 shares, representing 17.80% of total shares[14] - The company has a total of 150,382,009 shares held by Hubei Tuofeng Investment Co., Ltd., representing 12.82% of total shares[14] Investment and Financial Activities - The company reported a significant increase in investment income, reaching CNY 141.42 million compared to a loss of CNY 6.58 million in the previous year[22] - The financial expenses decreased significantly, showing a change from a negative CNY 26.81 million in 2024 to a positive CNY 8.94 million in 2025[22] - The company received cash from the recovery of investments amounting to ¥1.07 billion in 2025, an increase from ¥958.37 million in 2024, reflecting better investment recovery strategies[26] - The cash paid for the acquisition of fixed assets and intangible assets was ¥181.66 million in 2025, down from ¥208.81 million in 2024, indicating a reduction in capital expenditures[26] - The company reported a cash inflow from the disposal of fixed assets and other long-term assets of ¥10.47 million in 2025, compared to ¥16.78 million in 2024, showing a decline in asset disposals[26] Operational Challenges - The decline in net profit was primarily influenced by exchange rate fluctuations and decreased gross margins in the recycled lead business[6] - The company reported a significant impact from capital market fluctuations on the fair value changes of its investments, leading to reduced profits[12] - The net cash flow from investing activities was negative at approximately -¥384.77 million in 2025, compared to -¥115.68 million in 2024, indicating increased investment expenditures[26] - The net cash flow from financing activities turned negative at -¥63.99 million in 2025, contrasting with a positive net flow of ¥176.26 million in 2024, suggesting higher debt repayments[26]

Financial Performance - The company's operating revenue for the third quarter was ¥259,265,934.80, a decrease of 12.25% compared to the same period last year[4] - The total profit for the third quarter was ¥1,872,251.03, while the net profit attributable to shareholders was ¥6,404,444.78, indicating a significant loss compared to the previous year[4] - Year-to-date operating revenue reached ¥590,753,863.99, down 21.47% year-on-year, with a net profit attributable to shareholders of -¥73,661,796.06[4] - Total operating revenue for the first three quarters of 2025 was CNY 590.75 million, a decrease of 21.5% compared to CNY 752.22 million in the same period of 2024[18] - Total operating costs decreased to CNY 749.24 million, down 18.5% from CNY 919.40 million year-over-year[18] - Net loss for the first three quarters of 2025 was CNY 81.90 million, an improvement from a net loss of CNY 158.36 million in the same period of 2024[19] - Operating profit for the first three quarters of 2025 was CNY -88.69 million, compared to CNY -203.29 million in the same period of 2024[18] - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY -0.14, an improvement from CNY -0.32 in the same period of 2024[20] - The company reported a significant reduction in employee compensation payable, which decreased to CNY 12,284,072.02 from CNY 88,664,481.97[15] - The company’s total comprehensive loss for the first three quarters of 2025 was CNY -82.43 million, compared to CNY -158.36 million in the same period of 2024[19] Cash Flow and Liquidity - The net cash flow from operating activities for the third quarter was ¥37,370,173.02, showing improvement compared to -¥40,245,136.82 for the year-to-date[5] - Operating cash inflow for the first three quarters of 2025 was CNY 878,947,236.10, an increase of 4.8% compared to CNY 838,569,452.87 in the same period of 2024[21] - Net cash outflow from operating activities improved to CNY -40,245,136.82 in 2025 from CNY -378,724,304.34 in 2024, indicating a significant reduction in losses[21] - Cash inflow from investment activities totaled CNY 226,833,657.01, up from CNY 153,916,131.62 in 2024, reflecting a 47.4% increase[22] - Net cash outflow from investment activities decreased to CNY -44,737,382.98 in 2025 from CNY -221,213,153.35 in 2024, showing improved investment efficiency[22] - Cash inflow from financing activities was CNY 314,455,686.00, down from CNY 712,172,499.40 in 2024, indicating a reduction in borrowing[22] - Net cash outflow from financing activities was CNY -71,495,300.01 in 2025, compared to a net inflow of CNY 333,224,437.03 in 2024, reflecting a shift in financing strategy[22] - The ending cash and cash equivalents balance for the first three quarters of 2025 was CNY 329,161,012.36, down from CNY 386,923,501.03 in 2024[22] - The company received CNY 25,787,105.79 in tax refunds, significantly higher than CNY 1,042,814.36 in the previous year, indicating improved tax recovery[21] - Cash paid for purchasing goods and services decreased to CNY 287,724,243.93 from CNY 445,748,929.65, reflecting cost control measures[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,154,274,076.28, a decrease of 4.18% from the end of the previous year[5] - The company's current assets totaled CNY 1,833,178,632.69, down from CNY 1,916,773,328.66 in the previous year[14] - Cash and cash equivalents were reported at CNY 334,281,739.98, compared to CNY 508,146,235.56 at the end of 2024, indicating a significant decrease[14] - Accounts receivable stood at CNY 927,170,225.06, slightly down from CNY 952,385,378.14 in the previous period[14] - The company's total liabilities were CNY 1,087,572,315.36, a slight decrease from CNY 1,092,984,257.44[15] - Total liabilities amounted to CNY 1,141.80 million, compared to CNY 1,566.34 million in the previous year, indicating a reduction in financial obligations[16] - Total equity increased to CNY 2,012.47 million from CNY 1,725.52 million year-over-year, reflecting a stronger financial position[16] - The long-term equity investments decreased to CNY 143,584,530.99 from CNY 167,702,955.73[14] - The company's inventory increased to CNY 250,499,451.81 from CNY 198,374,866.55, reflecting a growth in stock levels[14] - The total non-current assets were reported at CNY 1,321,095,443.59, down from CNY 1,375,090,675.12[15] - Major shareholder Li Jixi holds 38.03% of the shares, with a portion pledged[11] - The company reported a total of 48,731 ordinary shareholders at the end of the reporting period[11] Earnings and Returns - The basic earnings per share for the third quarter was ¥0.01, compared to -¥0.14 for the same period last year[5] - The weighted average return on equity for the third quarter was 0.32%, an improvement from -3.86% year-to-date last year[5] - The company reported a credit impairment loss of CNY 55.49 million, compared to a loss of CNY -44.77 million in the same period of 2024[19] - Other income increased to CNY 14.21 million from CNY 10.18 million year-over-year, indicating improved ancillary revenue streams[18] Accounting and Reporting - The company did not apply new accounting standards for the year 2025, maintaining consistency in financial reporting[23]