厦门嘉戎技术股份有限公司 2025 年第三季度报告 证券代码：301148 证券简称：嘉戎技术 公告编号：2025-063 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 厦门嘉戎技术股份有限公司 2025 年第三季度报告 厦门嘉戎技术股份有限公司 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） | 149,981,936.00 | 5.03% | 362,4 ...

证券代码：301297 证券简称：富乐德 公告编号：2025-069 安徽富乐德科技发展股份有限公司 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。 安徽富乐德科技发展股份有限公司 2025 年第三季度报告 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 安徽富乐德科技发展股份有限公司 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 追溯调整或重述原因 同一控制下企业合并 | | | | | 本报告期 | | | | 年初至报 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 上年同期 | | 比上年同 ...

Revenue and Profit - The company's revenue for Q3 2025 was ¥88,631,977.98, representing a decrease of 5.40% compared to the same period last year[5] - Net profit attributable to shareholders was ¥395,355.36, down 88.80% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥2,865,203.42, a decline of 141.88%[5] - The company reported a significant reduction in operating income, with a year-to-date total of ¥257,068,626.79, down 12.19% from the previous year[5] - Total operating revenue for Q3 2025 was ¥257,068,626.79, a decrease of 12.2% from ¥292,744,702.54 in the same period last year[19] - Net profit for the period was ¥6,521,041.85, a decline of 56.7% compared to ¥15,066,506.27 in the previous year[20] - Earnings per share (EPS) for the current period was ¥0.0163, down from ¥0.0377 in the same quarter last year[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥686,889,982.75, a decrease of 6.25% from the previous year-end[5] - Total assets decreased to ¥686,889,982.75 from ¥732,694,240.47, reflecting a decline of 6.3%[18] - The company's total equity attributable to shareholders decreased by 0.88% to ¥618,888,934.97[5] - The company's total equity was ¥618,888,934.97, slightly down from ¥624,377,175.12[18] - Total liabilities decreased to ¥68,001,047.78, down 37.2% from ¥108,317,065.35 year-over-year[18] Cash Flow - Cash flow from operating activities showed a net outflow of -¥7,943,819.11, a significant decline of 108.06% compared to the same period last year[11] - Operating cash flow for the current period was -7,943,819.11 CNY, a significant decrease from 98,537,944.55 CNY in the previous period, indicating a decline in operational efficiency[21] - Cash inflow from operating activities totaled 321,177,850.80 CNY, down from 442,364,954.69 CNY in the previous period, suggesting a decline in sales or service revenue[21] - The company reported a net cash increase of -112,621,211.47 CNY for the period, compared to -184,764,040.55 CNY in the previous period, indicating a reduction in cash burn[22] Expenses - The company reported a 24.10% increase in selling expenses, totaling ¥37,726,551.52, due to increased advertising expenditures on platforms like Douyin and Xiaohongshu[10] - Financial expenses surged by 487.63% to ¥122,854.52, as the company opted for more financial products to enhance fund utilization[10] - Total operating costs decreased to ¥250,180,636.16, down 3.5% from ¥260,502,208.02 year-over-year[19] - Cash paid for purchasing goods and services was 195,474,506.60 CNY, an increase from 151,257,562.31 CNY in the previous period, indicating rising operational costs[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 15,351[12] - The largest shareholder, Huanan, holds 41.02% of shares, totaling 164,211,547 shares[12] - The second-largest shareholder, Huashan, holds 29.58% of shares, totaling 118,394,278 shares[12] Investment Activities - The net cash flow from investment activities was -¥87,461,846.31, a decrease of 68.31% compared to the previous year[11] - Total cash inflow from investment activities was 305,819,360.69 CNY, compared to 131,396,009.38 CNY in the previous period, showing a strong increase in investment recovery[21] - Net cash outflow from investment activities was -87,461,846.31 CNY, an improvement from -275,973,089.61 CNY in the previous period, reflecting better investment management[21] - The company received 4,481,201.01 CNY in investment income, up from 1,384,157.53 CNY in the previous period, reflecting improved investment performance[21] Inventory and Current Assets - The company's cash and cash equivalents decreased from 161,855,116.50 CNY to 49,233,905.03 CNY[16] - The total current assets decreased from 688,012,307.62 CNY to 634,584,173.59 CNY[16] - The company's inventory decreased from 86,655,755.73 CNY to 71,062,462.47 CNY[16] - The total non-current assets include fixed assets of 3,743,678.34 CNY, down from 4,619,614.99 CNY[16] - The total receivables increased from 68,847,036.87 CNY to 66,656,634.47 CNY[16] - The deferred tax assets increased from 31,116,563.23 CNY to 34,609,058.91 CNY[16] Impairment and Other Income - The company experienced a significant increase in asset impairment losses, totaling ¥8,350,634.84 compared to ¥25,717,981.28 in the previous year[19] - Other income for the period was ¥142,198.46, down significantly from ¥457,818.45 year-over-year[19]

Financial Performance - The company's operating revenue for the third quarter was ¥378,806,858.54, an increase of 1.13% year-on-year, while the revenue for the year-to-date period reached ¥1,250,050,994.37, up 4.29% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥15,149,706.06, a decrease of 15.94% year-on-year, and the year-to-date net profit was -¥52,118,838.57, down 22.09% compared to the previous year[5]. - The net loss for the current period was ¥52,118,838.57, an improvement from a net loss of ¥66,894,260.57 in the previous period, indicating a reduction of approximately 22.1%[20]. - The company's basic and diluted earnings per share were both -¥0.06, which is a 14.29% improvement compared to -¥0.21 in the same period last year[5]. - Basic and diluted earnings per share were both reported at -0.21, an improvement from -0.27 in the previous period[21]. Cash Flow and Liquidity - The cash flow from operating activities showed a significant increase, with a net amount of ¥160,337,788.66, representing a 124.96% increase year-on-year[5]. - Operating cash flow for the current period reached ¥1,541,990,376.31, a significant increase from ¥985,789,611.30 in the previous period, representing a growth of approximately 56.4%[22]. - Net cash flow from operating activities was ¥160,337,788.66, compared to ¥71,275,405.89 in the prior period, indicating an increase of about 125%[22]. - The company reported a net increase in cash and cash equivalents of ¥226,456,361.96, up from ¥146,267,198.93 in the previous period, which is an increase of approximately 54.9%[23]. - The ending balance of cash and cash equivalents stood at ¥595,478,343.72, compared to ¥403,203,269.53 at the end of the previous period, marking a growth of about 47.7%[23]. - The company's cash and cash equivalents increased by 58.89% to ¥597,400,597.30, primarily due to increased cash inflows from operating and financing activities[9]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,295,568,754.74, reflecting a 6.59% increase from the end of the previous year[5]. - The company's total assets increased to ¥4,295,568,754.74 from ¥4,030,153,320.54, representing a growth of 6.6%[17]. - Current liabilities rose to ¥3,425,646,699.98, compared to ¥3,131,904,442.12, marking an increase of 9.4%[17]. - The total liabilities reached ¥3,481,557,470.45, up from ¥3,188,789,357.66, which is an increase of 9.2%[17]. - The company's equity attributable to shareholders decreased to ¥814,011,284.29 from ¥841,363,962.88, a decline of 3.2%[17]. Inventory and Contract Liabilities - The inventory level rose by 84.75% to ¥152,482,797.36, driven by increased procurement for new projects[9]. - Contract liabilities surged by 217.06% to ¥202,749,682.58, mainly due to an increase in advance payments for projects[9]. - Inventory increased significantly to ¥152,482,797.36 from ¥82,536,268.75, reflecting an increase of approximately 84.5%[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,546[10]. - The largest shareholder, China Railway Construction Group, holds 26.51% of shares, totaling 65,184,992 shares[10]. - The second-largest shareholder, Sun Zhiqiang, owns 21.51% of shares, amounting to 52,903,966 shares, with 26,354,090 shares pledged[10]. - There were no changes in the top 10 shareholders due to securities lending or borrowing activities[10]. - The company has a total of 52,994,037 restricted shares at the end of the reporting period, with significant releases planned for certain executives[13]. Operating Costs and Expenses - Total operating costs amounted to ¥1,329,214,339.49, up from ¥1,266,275,058.69, reflecting a rise of 4.9%[19]. - Research and development expenses for the current period were ¥47,993,970.89, compared to ¥36,955,636.07 in the previous period, indicating a significant increase of 29.8%[19]. - The company paid ¥126,993,601.41 to employees, which is an increase from ¥115,803,455.70 in the previous period, reflecting a growth of approximately 9.3%[22]. - The company’s cash outflow for taxes paid was ¥28,771,692.57, up from ¥19,315,392.46 in the previous period, indicating an increase of about 48.9%[22]. Asset Disposal and Impairment - The company reported a significant reduction in credit impairment losses, which amounted to ¥18,677,846.02, a 407.48% increase compared to the previous year[9]. - The company recorded a profit from asset disposal of ¥116,649.38, marking a 186.38% increase year-on-year due to more fixed assets being disposed of[9]. - The company disposed of fixed assets and received cash of ¥64,664.60, compared to ¥50,090.00 in the previous period, representing an increase of about 29.1%[23].

Financial Performance - The company's revenue for Q3 2025 reached ¥783,215,876.15, an increase of 5.76% year-over-year, and cumulative revenue for the year-to-date was ¥2,401,297,008.66, up 15.75% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2025 was ¥7,325,276.64, representing a significant increase of 135.47% year-over-year, with a cumulative net profit of ¥25,610,974.22, up 127.34% year-over-year[5] - The basic earnings per share for Q3 2025 was ¥0.0120, a 139.86% increase compared to the same period last year, while diluted earnings per share was ¥0.0072, up 123.98% year-over-year[5] - Net profit for the current period was ¥17,956,421.25, a significant recovery from a net loss of ¥97,444,236.40 in the previous period[16] - The profit attributable to the parent company's shareholders was ¥25,610,974.22, compared to a loss of ¥93,662,715.40 in the prior year[16] - The company reported a comprehensive income total of ¥18,473,014.85, compared to a loss of ¥95,010,036.16 in the prior year[16] Assets and Liabilities - The total assets at the end of Q3 2025 amounted to ¥6,593,198,345.63, reflecting a 3.64% increase from the end of the previous year[5] - Total assets increased to ¥6,593,198,345.63, up from ¥6,361,627,016.73, reflecting a growth of approximately 3.6%[14] - Total liabilities rose to ¥3,986,737,539.62, compared to ¥3,762,693,154.31, indicating an increase of about 5.9%[14] - The company's total equity reached ¥2,606,460,806.01, slightly up from ¥2,598,933,862.42, marking a growth of 0.6%[14] Cash Flow - Cash flow from operating activities for the year-to-date was ¥365,928,928.62, an increase of 101.25% compared to the same period last year, indicating improved sales collection[8] - Operating cash flow for the current period was ¥365,928,928.62, a significant increase of 101.5% compared to ¥181,827,105.72 in the previous period[17] - Total cash inflow from operating activities reached ¥2,391,582,406.24, up from ¥2,076,056,059.79, reflecting a growth of 15.1%[17] - Cash outflow from operating activities was ¥2,025,653,477.62, compared to ¥1,894,228,954.07, indicating an increase of 6.9%[17] - Cash inflow from financing activities totaled ¥1,598,610,535.01, a substantial increase from ¥473,107,602.33, marking a growth of 237.5%[18] - Net cash flow from financing activities was positive at ¥586,900.74, a recovery from a negative cash flow of ¥393,650,213.78 in the previous period[18] - The ending cash and cash equivalents balance increased to ¥416,010,356.96, compared to ¥124,167,455.05 at the end of the previous period[18] Borrowings - The company reported a significant increase in short-term borrowings, which rose by 46.63% to ¥1,093,329,272.52, primarily to supplement working capital[8] - The company experienced a 167.82% increase in long-term borrowings, reaching ¥973,405,663.68, due to the replacement of fixed loans[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 112,423, with the largest shareholder holding 19.06% of the shares[10] Investments and Expenses - Research and development expenses were ¥129,011,756.37, an increase of 11.7% from ¥115,440,560.64 in the previous period[15] - The company received government subsidies amounting to ¥2,460,361.52 during the reporting period, contributing positively to its financial performance[6] - The company received ¥53,000,624.90 from investment recoveries, compared to no cash received in the previous period[17] - Cash paid for purchasing fixed assets and intangible assets was ¥161,059,312.35, significantly higher than ¥55,849,295.05 in the previous period[17]

证券代码：000609 证券简称：ST 中迪 公告编号：2025-122 北京中迪投资股份有限公司 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。 北京中迪投资股份有限公司 2025 年第三季度报告 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 北京中迪投资股份有限公司 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 | | 年初至报告 | | --- | --- | --- | --- | --- | | | | 期增减 | 年初至报告期末 | 期末比上年 | | | | | | 同期增减 | | 营业收入（元） | 808,369.90 | -74 ...

浙江苏泊尔股份有限公司 2025 年第三季度报告 证券代码：002032 证券简称：苏 泊 尔 公告编号：2025-056 浙江苏泊尔股份有限公司 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 浙江苏泊尔股份有限公司 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 | 年初至报告期末 | 年初至报告期末比 | | --- | --- | --- | --- | --- | | | | 期增减 | | 上年同期增减 | | 营业收入（元） | 5,419,756,325.97 | -2.30% ...

Financial Performance - The company's operating revenue for the third quarter was CNY 456,972,696.90, a decrease of 14.04% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 1,275,184.64, representing a significant increase of 107.02% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was CNY -66,904,625.77, down 37.54% compared to the previous year[5]. - The company's net profit attributable to shareholders decreased to -¥2,104,068,015.05 from -¥1,991,154,865.15, indicating a worsening financial position[16]. - The company reported a net loss of ¥115,270,416, compared to a net loss of ¥85,619,199 in the previous period, indicating a deterioration in financial performance[19]. - Operating profit was recorded at -¥111,397,489, worsening from -¥51,298,648 in the prior period[19]. - The company reported a total comprehensive loss of ¥111,127,388, compared to a loss of ¥85,734,343 in the prior period[19]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,008,474,441.00, a decrease of 9.52% from the end of the previous year[5]. - Total assets decreased to ¥6,008,474,441.00 from ¥6,640,996,631.95, reflecting a reduction of 9.5%[16]. - Total liabilities decreased to ¥2,607,170,991.52 from ¥3,127,890,259.86, a decline of 16.6%[16]. - The company's long-term investments decreased to ¥65,096,310.13 from ¥81,388,600.25, a drop of 20.0%[15]. Cash Flow - Cash flow from operating activities showed a net inflow of CNY -338,186,132.50, reflecting a 37.38% increase compared to the previous year[5]. - The net cash flow from operating activities was -¥338,186,133, improving from -¥540,071,349 in the previous period[20]. - Cash and cash equivalents decreased significantly to ¥525,221,497.08 from ¥1,006,353,295.93, a decline of 47.8%[15]. - Cash and cash equivalents at the end of the period stood at ¥235,268,670, compared to ¥202,180,437 at the end of the previous period[21]. - The company incurred total financing cash outflows of ¥1,030,133,609, significantly higher than ¥505,866,454 in the prior period[21]. - The company achieved cash inflows from investment activities of ¥317,962,667, down from ¥397,100,877 in the previous period[20]. - The company received cash from borrowings amounting to ¥921,953,600, an increase from ¥844,358,209 in the previous period[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 222,522[10]. - Jiangxi Jiangte Electric Group Co., Ltd. holds 14.12% of shares, totaling 240,875,533 shares, with 103,000,000 shares pledged[10]. - Wang Xin holds 2.94% of shares, totaling 50,120,000 shares[10]. - The top ten shareholders collectively hold significant stakes, with Jiangxi Jiangte Electric Group Co., Ltd. being the largest[10]. Changes in Control - The company has undergone a change in control with the transfer of 25% equity in Jiangxi Jiangte Industrial Co., Ltd. to Beijing Wubai Yingli Technology Co., Ltd.[12]. - After the equity transfer, Wubai Yingli Technology holds 50% of Jiangxi Jiangte Industrial Co., Ltd.[12]. - The actual controller of the company has changed to Wang Xin and Zhu Jun, while Lu Shunmin remains in a voting rights delegation relationship[13]. - Wang Xin's indirect shareholding in the company increased from 4.08% to 9.29% following the transfer of 36.92% equity from 20 shareholders[13]. - The company has not experienced a change in control despite the equity transfers[13]. Financial Ratios and Metrics - The basic earnings per share were CNY 0.0007, an increase of 107.00% year-on-year[5]. - The company's basic and diluted earnings per share were both -¥0.0662, compared to -¥0.05 in the previous period[19]. - The company's financial expenses increased by 122.99% year-on-year, mainly due to higher interest expenses and reduced interest income[8]. - The company's financial expenses increased to ¥26,036,768.48 from ¥11,676,288.71, a rise of 123.5%[18]. - The company reported a significant increase in prepayments, which rose to ¥149,959,290.69 from ¥30,335,064.82, an increase of 393.5%[15]. - The company reported a 121.92% increase in trading financial assets compared to the beginning of the year, attributed to increased securities investments[8]. - The company’s investment income decreased by 33.38% year-on-year, primarily due to reduced futures income compared to the previous year[8]. - The deferred tax assets increased to ¥283,718,292.22 from ¥261,246,045.34, an increase of 8.6%[16].

Financial Performance - The company's operating revenue for the third quarter reached ¥1,071,657,831.94, an increase of 27.27% compared to the same period last year[4] - The total profit for the third quarter was ¥61,739,150.97, reflecting a significant increase of 774.82% year-over-year[4] - The net profit attributable to shareholders was ¥56,523,157.30, up 705.48% from the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥47,992,943.26, showing a remarkable increase of 1438.37%[4] - Basic earnings per share for the third quarter were ¥0.1401, representing a 705.47% increase year-over-year[5] - Net profit for the first three quarters of 2025 was CNY 217,588,326.69, compared to CNY 150,036,017.74 in 2024, representing a 45% increase[22] - Operating profit for the first three quarters of 2025 was ¥41.65 million, compared to ¥21.80 million in the same period of 2024, marking a growth of 90.9%[30] Cash Flow - The cash flow from operating activities for the year-to-date period increased by 4,621.88%, amounting to ¥305,093,819.10[5] - In the first three quarters of 2025, the net cash flow from operating activities was ¥305,093,819.10, a significant improvement compared to a net outflow of ¥6,747,057.21 in the same period of 2024[24] - Total cash inflow from operating activities was ¥2,951,152,721.44, while cash outflow was ¥2,646,058,902.34, resulting in a net cash inflow[24] - Cash flow from investment activities showed a net outflow of ¥16,998,749.28 in 2025, an improvement from a net outflow of ¥34,568,767.06 in 2024[25] - Total cash inflow from operating activities was ¥1.48 billion, an increase from ¥1.24 billion in the same period of 2024[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,961,928,024.01, a decrease of 4.27% from the end of the previous year[5] - The company's total liabilities amounted to CNY 3,105,269,615.81, a decrease from CNY 3,491,550,596.66[21] - The total assets as of September 30, 2025, were ¥2,638,902,705.76, down from ¥2,801,086,831.51 at the end of 2024[27][29] - Current liabilities increased to ¥1,534,125,091.64 in 2025 from ¥1,307,072,721.50 in 2024, reflecting a rise in short-term financial obligations[28] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,687[12] - The largest shareholder, Qingdao Hisense Network Energy Co., Ltd., holds 140,907,834 shares, accounting for 34.94% of total shares[12] - Shareholders' equity attributable to the company increased by 9.89% to ¥1,829,689,899.46 compared to the end of the previous year[5] - Total equity attributable to shareholders reached CNY 1,829,689,899.46, compared to CNY 1,665,044,238.93 in the previous year, indicating a growth of 9.9%[21] Research and Development - Research and development expenses for the first three quarters were CNY 141,316,965.40, an increase from CNY 127,697,753.81, reflecting a commitment to innovation[21] - Research and development expenses increased to ¥58.27 million, up 28.2% from ¥45.47 million in the previous year[30] Non-Recurring Items - The company reported non-recurring gains of ¥8,530,214.04 for the third quarter, with significant contributions from government subsidies and asset disposals[8] - The company reported a credit impairment loss of CNY 22,483,960.54, a significant improvement compared to a loss of CNY 48,023,660.19 in the previous year[22] - Other comprehensive income after tax was CNY 3,595.99, compared to a loss of CNY 5,613.91 in the previous year, indicating a recovery[22] Inventory and Receivables - Accounts receivable increased to ¥2,530,313,830.16 from ¥2,422,569,599.66, reflecting an increase of about 4.5%[15] - Inventory decreased to ¥575,170,650.57 from ¥812,113,900.76, indicating a reduction of approximately 29.2%[15] - The company reported a decrease in inventory to ¥154,929,540.33 in 2025 from ¥183,496,755.48 in 2024, suggesting improved inventory management[27] - The company’s accounts receivable increased to ¥558,952,313.31 in 2025 from ¥528,438,720.26 in 2024, indicating a rise in credit sales[27] Financing Activities - The company plans to issue up to 92,649,783 A-shares, not exceeding 30% of the total share capital prior to the issuance, to raise up to ¥150,000 million[14] - The company raised ¥693,000,000.00 in borrowings in 2025, compared to ¥410,000,000.00 in 2024, indicating increased financing activities[25] - The company reported a net cash outflow from financing activities of ¥291.77 million, worsening from a net outflow of ¥151.68 million in the previous year[33] Accounting Standards - The company did not apply new accounting standards for the year 2025[34]

Financial Performance - The company's revenue for Q3 2025 was ¥227,447,531, a decrease of 10.35% compared to the same period last year[5] - Net profit attributable to shareholders increased by 135.22% to ¥1,670,864.53 for Q3 2025, while the year-to-date net profit reached ¥11,719,389.71, up 222.32%[5] - The basic earnings per share for Q3 2025 was ¥0.01, reflecting a 133.33% increase year-on-year[5] - Total operating revenue decreased to ¥688,584,054.82 from ¥795,859,429.19, representing a decline of approximately 13.5% year-over-year[25] - Net profit for the period was ¥11,769,688.57, compared to a net loss of ¥9,581,286.30 in the previous period, indicating a significant turnaround[26] - The total comprehensive income for the period attributable to the parent company's owners was 11,719,389.71 yuan, compared to a loss of 9,581,244.07 yuan in the previous period[27] - The basic and diluted earnings per share for the period were both 0.06 yuan, an improvement from a loss of 0.05 yuan in the previous period[27] Assets and Liabilities - Total assets decreased by 4.11% to ¥1,277,718,620.10 compared to the end of the previous year[5] - Current liabilities decreased significantly to ¥501,329,134.82 from ¥639,719,675.10, a reduction of about 21.6%[24] - Non-current liabilities increased to ¥206,157,659.18 from ¥142,304,866.79, representing a rise of approximately 45%[24] - Cash and cash equivalents decreased to ¥266,596,824.94 from ¥282,608,592.78, a decline of about 5.7%[22] - Long-term equity investments slightly decreased to ¥2,318,812.31 from ¥2,395,737.42, a decline of about 3.2%[23] - The company reported an increase in other non-current financial assets to ¥99,400,776.87 from ¥45,834,604.43, a growth of approximately 117%[23] Cash Flow - Cash flow from operating activities showed a significant improvement, with a net outflow of ¥24,892,694.06, an 82.42% reduction compared to the previous year[13] - Cash inflows from operating activities totaled 620,391,319.81 yuan, down 14.2% from 723,263,454.43 yuan in the previous period[28] - Cash outflows from operating activities amounted to 645,284,013.87 yuan, resulting in a net cash flow from operating activities of -24,892,694.06 yuan, an improvement from -141,566,880.52 yuan in the previous period[28] - Cash inflows from investing activities were 536,335,427.26 yuan, while cash outflows were 611,175,413.77 yuan, leading to a net cash flow from investing activities of -74,839,986.51 yuan[29] - Cash inflows from financing activities totaled 166,711,973.12 yuan, with cash outflows of 62,373,975.92 yuan, resulting in a net cash flow from financing activities of 104,337,997.20 yuan[29] - The net increase in cash and cash equivalents for the period was 4,605,316.63 yuan, compared to a decrease of 108,524,810.18 yuan in the previous period[29] - The ending balance of cash and cash equivalents was 223,712,411.10 yuan, up from 144,226,902.20 yuan in the previous period[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,066[14] - The largest shareholder, Lin Xinda, holds 31.05% of the shares, totaling 63,698,400 shares[14] - The company has repurchased a total of 4,788,300 shares, representing 2.33% of the total share capital, with a total transaction amount of RMB 33,497,023[18] - The first phase of the employee stock ownership plan involves a total of 4,788,300 shares, with a total fundraising amount not exceeding RMB 41,514,561[19] - The actual subscription amount for the employee stock ownership plan is RMB 41,514,561, with 68 participants[20] - Lin Xinda's locked shares amount to 47,773,800, which are subject to a 25% annual release[17] - The company plans to use repurchased shares for employee stock ownership or equity incentive plans[18] - The company has no preferred shareholders or changes in the number of preferred shareholders[16] - There are no changes in the top 10 shareholders due to securities lending or borrowing[15] - The company has not reported any changes in restricted shares during the period[16] Inventory and Receivables - Accounts receivable increased by 44.15% to ¥123,047,632.55, primarily due to revenue recognition from certain engineering projects[10] - Inventory decreased by 43.05% to ¥120,139,768.45, mainly due to the completion of engineering projects and the transfer of goods[10] Accounting and Audit - The company did not undergo an audit for the third quarter financial report[30] - The company plans to implement new accounting standards starting in 2025[30]