Revenue and Profit - The company's revenue for Q3 2025 was ¥108,176,534.14, representing a year-on-year increase of 9.97%[3] - The total profit for the period was ¥25,228,535.26, showing a decrease of 23.76% compared to the same period last year[3] - The net profit attributable to shareholders was ¥23,428,646.98, down 22.96% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥18,016,363.15, an increase of 5.53% compared to the previous year[3] - The basic earnings per share for the period was ¥0.20, a decrease of 23.08% from the same period last year[4] - Total operating revenue for the first three quarters of 2025 reached ¥290,605,693.45, an increase of 14.3% compared to ¥254,173,556.26 in the same period of 2024[16] - Net profit for the first three quarters of 2025 was ¥73,627,766.06, a decrease of 10.9% from ¥82,623,939.50 in the same period of 2024[17] - Earnings per share for the first three quarters of 2025 were ¥0.63, down from ¥0.70 in 2024[17] Assets and Liabilities - Total assets at the end of the period were ¥2,308,309,165.53, a decrease of 0.84% from the end of the previous year[4] - The net assets attributable to shareholders were ¥2,247,517,057.01, down 0.73% from the previous year-end[4] - Total liabilities as of the end of the reporting period amounted to ¥60,792,108.52, a decrease from ¥63,796,236.37 in the previous year[16] - Total equity attributable to shareholders was ¥2,247,517,057.01, slightly down from ¥2,264,139,422.25 in the previous year[16] - The total assets at the end of the reporting period were ¥2,308,309,165.53, a slight decrease from ¥2,327,935,658.62 in the previous year[16] Cash Flow - In the first three quarters of 2025, the cash inflow from operating activities totaled ¥298,879,206.12, an increase of 6.3% compared to ¥281,929,459.71 in the same period of 2024[20] - The net cash flow from operating activities decreased to ¥46,387,022.97 in 2025, down 8.4% from ¥50,506,823.49 in 2024[20] - Cash inflow from investment activities increased significantly to ¥4,530,080,821.05 in 2025, up 22.4% from ¥3,700,046,163.17 in 2024[21] - The net cash flow from investment activities turned positive at ¥108,400,490.44 in 2025, compared to a negative cash flow of ¥363,457,200.82 in 2024[21] - The cash outflow from financing activities increased to ¥94,633,890.51 in 2025, compared to ¥71,155,829.38 in 2024, primarily due to higher dividend payments[21] - The net increase in cash and cash equivalents for the period was ¥59,792,546.19 in 2025, contrasting with a decrease of ¥384,373,329.21 in 2024[21] - The ending balance of cash and cash equivalents rose to ¥113,895,694.62 in 2025, compared to ¥66,140,551.75 in 2024[21] Research and Development - Research and development expenses totaled ¥8,445,198.47, accounting for 7.81% of revenue, a decrease of 0.69 percentage points year-on-year[4] - Research and development expenses for the first three quarters of 2025 were ¥23,781,530.78, a decrease of 6.2% compared to ¥25,575,077.06 in 2024[16] Non-Recurring Gains and Other Financials - The company reported non-recurring gains of ¥5,412,283.83 for the period, with total non-recurring gains year-to-date amounting to ¥25,696,834.45[7] - The company reported investment income of ¥30,035,474.19, down from ¥41,633,271.59 in the same period of 2024[16] - Financial expenses showed an improvement, with a net income of -¥738,373.95 compared to -¥1,311,856.44 in the previous year[16] Shareholder Information - The total number of common shareholders at the end of the reporting period was 7,755[9] Current Assets and Liabilities - As of September 30, 2025, the total current assets amounted to RMB 2,131,405,029.23, a slight decrease from RMB 2,152,288,279.92 as of December 31, 2024[12] - Accounts receivable increased to RMB 31,070,470.43 from RMB 26,598,531.32, representing a growth of 16.5%[11] - Inventory increased to RMB 45,394,164.10 from RMB 43,867,541.18, indicating a rise of 3.5%[12] - Accounts payable increased to RMB 49,592,886.53 from RMB 43,936,618.52, showing an increase of 12.5%[12] - Tax payable increased to RMB 6,358,100.82 from RMB 2,588,453.86, reflecting an increase of 145.5%[12] - The company reported a significant decrease in employee compensation payable from RMB 10,538,572.07 to RMB 2,915,648.81, a reduction of 72.3%[12] Accounting Standards - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the year[22]

Financial Performance - The company's operating revenue for the third quarter was ¥13,912,926,115.88, a decrease of 16.75% compared to the same period last year[5]. - The total profit for the quarter was ¥24,859,631.98, down 78.68% year-on-year[5]. - Net profit attributable to shareholders was ¥6,261,554.40, reflecting a decline of 92.68% compared to the previous year[5]. - The basic earnings per share for the quarter was -¥0.01, a decrease of 120.00% year-on-year[6]. - For the period of January to September 2025, the company achieved operating revenue of RMB 40.893 billion, a year-on-year decrease of 20.42%[13]. - The net profit attributable to shareholders of the listed company was RMB 114 million, down 16.37% year-on-year[13]. - Net profit for the first three quarters of 2025 was CNY 115,063,854.70, a decrease from CNY 146,644,180.69 in the same period of 2024, representing a decline of approximately 21.6%[26]. - Operating profit for the first three quarters of 2025 was CNY 233,852,383.26, compared to CNY 194,133,788.92 in 2024, showing an increase of about 20.5%[26]. - The company reported a total comprehensive income of CNY 119,722,146.35 for the first three quarters of 2025, compared to CNY 127,520,952.25 in 2024, indicating a decrease of about 6.3%[26]. - Basic and diluted earnings per share for the first three quarters of 2025 were both CNY 0.06, up from CNY 0.05 in the same period of 2024[26]. Assets and Liabilities - The total assets at the end of the reporting period were ¥26,042,357,801.25, an increase of 8.92% from the end of the previous year[6]. - As of September 30, 2025, the total assets of the company amounted to RMB 26.04 billion, an increase from RMB 23.91 billion as of December 31, 2024, representing a growth of approximately 8.9%[20]. - The company's total current assets reached RMB 23.08 billion, up from RMB 21.03 billion in the previous year, indicating a year-over-year increase of about 9.8%[21]. - The company's total liabilities reached RMB 18.39 billion, an increase from RMB 16.26 billion, representing a growth of approximately 13.1%[22]. - The company’s total liabilities as of September 30, 2025, were significantly impacted by the increase in borrowings, with total borrowings reaching CNY 9,932,597,961.55[29]. - The company's accounts receivable increased to RMB 9.46 billion from RMB 8.69 billion, showing a growth of approximately 8.8% year-over-year[21]. - The company's total equity increased from CNY 8,085,967,320.24 to CNY 8,220,022,639.63, reflecting an increase of approximately 2%[33]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥782,576,640.01, indicating a significant cash outflow[5]. - Cash flow from operating activities for the first three quarters of 2025 was negative CNY 782,576,640.01, an improvement compared to negative CNY 2,684,646,225.86 in 2024[28]. - Total cash inflow from operating activities in 2025 was 4,822,635,522.43, up from 4,309,254,307.88 in 2024, reflecting a year-over-year increase of approximately 11.9%[37]. - Cash flow from financing activities for the first three quarters of 2025 was positive CNY 1,057,320,661.30, compared to CNY 2,677,791,615.51 in 2024[29]. - The net cash flow from investment activities was 210,717,152.20 in 2025, a significant recovery from -115,457,348.00 in 2024[37]. Operational Metrics - The company’s iron ore operating volume was approximately 14.72 million tons, while coal operating volume was about 1.54 million tons[14]. - Steel operating volume reached approximately 7.88 million tons, including 4.12 million tons of rebar and 2.18 million tons of hot-rolled sheets[14]. - The logistics business processed approximately 910,000 tons and achieved a throughput of about 9.63 million tons[15]. - The company is focusing on maintaining a "low inventory, high turnover" business strategy to navigate the challenging market environment[15]. - The company continues to enhance its upstream resource control capabilities and innovate its business model to improve overall performance[14]. Investment and Financing - The company issued a total of RMB 1.3 billion in its third phase of renewable corporate bonds with a coupon rate of 2.47%[15]. - The company plans to issue up to RMB 2 billion in short-term financing bonds and RMB 2 billion in medium-term notes[17]. - The company raised CNY 2.5 billion through investment in the first three quarters of 2025[29]. - The company paid 2,100,000,000.00 in debt repayments during the financing activities in 2025, down from 4,118,634,101.39 in 2024[37]. Research and Development - Research and development expenses for the first three quarters of 2025 were RMB 5.98 million, significantly lower than RMB 12.99 million in the same period of 2024, indicating a decrease of about 54%[25]. Accounting and Reporting - The company did not apply new accounting standards starting in 2025, maintaining consistency in financial reporting[38].

凯盛新能源股份有限公司 2025 年第三季度报告 证券代码：600876 证券简称：凯盛新能 凯盛新能源股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | | 本报告期比上年同 | | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | 本报告期 | 期增减变动幅度 | 年初至报告期末 | 年同期增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 1,003,378,573.73 | 40.15 | 2,676,772,262.21 | -27 ...

北京富吉瑞光电科技股份有限公司 2025 年第三季度报告 证券代码：688272 证券简称：富吉瑞 北京富吉瑞光电科技股份有限公司 2025 年第三季度报告 （一） 主要会计数据和财务指标 1 / 11 单位：元 币种：人民币 项目 本报告期 本报告期比 上年同期增 减变动幅度 (%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 37,626,552.10 -46.14 152,684,507.84 -33.73 利润总额 -27,616,891.51 -2,437.51 -48,257,376.43 -566.29 归属于上市公司股东的 净利润 -27,969,830.97 -2,171.83 -47,885,037.42 -536.43 归属于上市公司股东的 扣除非经常性损益的净 利润 -30,096,176.15 -4,995.07 -50,119,277.68 -642.95 经营活动产生的现金流 量净额 不适用 不适用 -73,973,902.76 -502.08 基本每股收益（元/股） -0.37 -1,950.00 -0.63 -550.00 稀释每股收益（元/股 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥311,956,534.89, a decrease of 12.87% compared to the same period last year[3]. - The total profit for the period was a loss of ¥54,314,548.89, with a year-to-date total profit loss of ¥146,873,747.65[3]. - The net profit attributable to shareholders was a loss of ¥34,191,778.43 for the quarter, and a loss of ¥95,497,055.42 year-to-date[3]. - Total operating revenue for the first three quarters of 2025 was CNY 915,923,212.40, a decrease of 12.5% compared to CNY 1,047,262,342.33 in the same period of 2024[15]. - The net loss for the first three quarters of 2025 was CNY 154,369,533.67, compared to a net loss of CNY 228,267,887.05 in the same period of 2024, representing a 32.4% improvement[16]. - The company's operating profit for the first three quarters of 2025 was a loss of CNY 146,345,188.89, an improvement from a loss of CNY 250,143,710.31 in 2024[15]. - The total comprehensive income for the first three quarters of 2025 was ¥422,757,706.49, compared to a loss of ¥158,233,607.01 in the same period of 2024[26]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,538,917,941.30, down 3.11% from the end of the previous year[4]. - The equity attributable to shareholders decreased by 3.09% to ¥5,077,261,050.91 compared to the end of the previous year[4]. - The company's total liabilities increased to CNY 1,424,565,998.66 in 2025 from CNY 1,374,433,868.55 in 2024, marking a rise of 3.6%[15]. - The company's total liabilities were 291.75 million RMB as of September 30, 2025, slightly down from 292.40 million RMB at the end of 2024[23]. Cash Flow - The net cash flow from operating activities for the year-to-date was a negative ¥38,131,729.55, indicating significant cash outflow[3]. - Operating cash flow for the first three quarters of 2025 was negative at -38.13 million RMB, compared to a positive 6.96 million RMB in the same period of 2024[20]. - The company reported a net cash flow from operating activities of -¥15,423,527.33 for the first three quarters of 2025, down from ¥22,449,974.78 in the same period of 2024[27]. - Investment activities generated a net cash flow of ¥519,801,427.88 in the first three quarters of 2025, compared to ¥425,574,410.10 in the same period of 2024, showing an increase of approximately 22%[27]. - The company's financing activities resulted in a net cash flow of -¥146,313,412.16 for the first three quarters of 2025, an improvement from -¥509,458,410.07 in the same period of 2024[27]. Changes in Assets - The company's current assets increased to RMB 3,277,599,554.95 from RMB 3,125,163,484.31, representing a growth of about 4.89%[11]. - Cash and cash equivalents rose to RMB 2,238,945,124.02, up from RMB 1,982,331,746.73, indicating an increase of approximately 12.93%[11]. - The company's inventory increased to RMB 317,025,059.69 from RMB 300,120,805.06, representing a growth of about 5.6%[11]. - Other receivables decreased significantly to RMB 26,331,995.39 from RMB 107,587,764.82, a decline of approximately 75.5%[11]. - The company's long-term equity investments decreased to RMB 639,257,039.09 from RMB 1,025,118,641.19, reflecting a significant drop of about 37.7%[12]. Research and Development - Research and development expenses decreased to CNY 50,344,462.56 in 2025 from CNY 66,140,572.15 in 2024, reflecting a reduction of 23.9%[15]. - Research and development expenses for the first three quarters of 2025 were ¥3,953,824.16, down from ¥5,301,973.04 in the same period of 2024, reflecting a decrease of approximately 25.4%[25]. Future Outlook - Future outlook includes potential market expansion and new product development initiatives to enhance revenue streams[18]. - The company experienced significant changes in business structure and revenue due to ongoing business transformation efforts[6].

Revenue and Profit - The company's revenue for the third quarter reached ¥213,328,498.48, representing a year-on-year increase of 63.73%[4] - The total profit for the period was -¥56,865,273.82, with a year-to-date total profit of -¥122,249,717.25[4] - The net profit attributable to shareholders was -¥57,111,145.12 for the quarter, and -¥122,389,531.86 year-to-date[4] - The total profit for the first three quarters was -122.25 million yuan, a decrease in loss of 59.01% compared to the same period last year[10] - The net profit attributable to shareholders for the first three quarters was -122.39 million yuan, with a reduction in loss of 58.98% year-on-year[10] - The total comprehensive income attributable to the parent company for the period was -122,389,531.86 CNY, compared to -298,349,583.30 CNY in the same period last year, indicating an improvement[23] Earnings Per Share - The basic and diluted earnings per share were both -¥0.12 for the quarter, compared to -¥0.26 year-to-date[5] - The basic earnings per share for the first three quarters was -0.26 yuan/share, a decrease in loss of 59.48% compared to the previous year[10] - The diluted earnings per share for the third quarter was -0.12 yuan/share, reflecting a decrease in loss of 50.90% year-on-year[10] - Basic and diluted earnings per share were both -0.26 CNY, an improvement from -0.65 CNY year-over-year[23] Research and Development - Research and development expenses totaled ¥53,711,467.06, accounting for 25.18% of revenue, a decrease of 27.71 percentage points compared to the previous year[5] - Research and development expenses decreased to ¥153,030,614.14 in 2025 from ¥209,633,013.41 in 2024, reflecting a 27% reduction[22] Cash Flow - The company experienced a year-to-date cash flow from operating activities of -¥250,468,355.97[4] - Cash inflows from operating activities totaled 713,699,573.93 CNY, up from 381,025,047.93 CNY in the previous year, representing an increase of approximately 87.3%[25] - Cash outflows from operating activities increased to 964,167,929.90 CNY from 655,678,892.64 CNY, resulting in a net cash flow from operating activities of -250,468,355.97 CNY, slightly improved from -274,653,844.71 CNY[25] - Cash inflows from investment activities were 977,125,390.28 CNY, down from 2,133,637,615.50 CNY, reflecting a decrease of approximately 54.3%[25] - Cash outflows from investment activities were 1,007,945,593.96 CNY, compared to 2,014,011,379.01 CNY, resulting in a net cash flow from investment activities of -30,820,203.68 CNY, a decline from 119,626,236.49 CNY[25] - Cash inflows from financing activities increased to 366,225,479.78 CNY from 112,582,914.50 CNY, marking a significant increase of approximately 225.5%[26] - Net cash flow from financing activities was 226,795,260.77 CNY, compared to 107,848,845.06 CNY in the previous year, indicating a substantial improvement[26] - The ending cash and cash equivalents balance was 770,702,816.09 CNY, down from 843,952,903.27 CNY year-over-year[26] Assets and Liabilities - Total assets increased by 4.23% to ¥2,305,304,501.11 compared to the end of the previous year[5] - Total current assets increased to ¥1,582,462,892.94 as of September 30, 2025, compared to ¥1,485,969,042.38 at the end of 2024, marking a growth of 6.5%[17] - Total liabilities rose to ¥573,108,384.73 in 2025, up from ¥405,367,867.98 in 2024, representing an increase of 41.4%[18] - The company's total assets reached ¥2,305,304,501.11 as of September 30, 2025, an increase from ¥2,211,677,058.74 at the end of 2024[18] - The company's equity attributable to shareholders decreased to ¥1,732,196,116.38 in 2025 from ¥1,806,309,190.76 in 2024, a decline of 4.1%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,739[12] - The largest shareholder, Li Yang, holds 36,431,200 shares, accounting for 7.80% of the total shares[12] Government Subsidies - The company reported non-recurring gains of ¥11,222,515.38 for the period, with government subsidies contributing ¥7,742,226.14[7] - The company received increased government subsidies related to revenue compared to the previous year, which positively impacted financial performance[10] Financial Reporting Consistency - The company has not applied new accounting standards or interpretations for the current year, ensuring consistency in financial reporting[27]

Financial Performance - The company's revenue for Q3 2025 reached ¥663,117,634.07, representing a 51.19% increase compared to the same period last year[2] - The net profit attributable to shareholders for the year-to-date period is ¥151,561,858.79, reflecting a 23.68% increase year-over-year[2] - The company reported a net profit of ¥73,042,408.31 for Q3 2025, with a notable increase in profitability driven by market expansion efforts[2] - Total operating revenue for the first three quarters of 2025 reached ¥1,578,599,062.86, an increase of 23.6% compared to ¥1,276,388,907.29 in the same period of 2024[16] - Net profit for the first three quarters of 2025 was ¥151,561,858.79, a significant recovery from a net loss of ¥51,128,553.95 in the same period of 2024[17] Research and Development - Research and development expenses totaled ¥78,932,188.37, a decrease of 26.12% compared to the previous year, with R&D expenses accounting for 11.90% of revenue[3] - Research and development expenses for the first three quarters of 2025 were ¥242,164,851.29, down from ¥293,807,149.80 in 2024, showing a decrease of 17.5%[17] Assets and Liabilities - Total assets increased by 9.10% year-over-year, reaching ¥5,742,797,441.61[3] - The company's total assets increased to ¥5,742,797,441.61 in 2025 from ¥5,263,978,646.05 in 2024, marking a growth of 9.1%[15] - Total liabilities rose to ¥2,216,322,598.78 in 2025, compared to ¥1,839,965,465.65 in 2024, indicating an increase of 20.5%[15] Earnings Per Share - The basic earnings per share for the year-to-date period is ¥0.34, compared to a loss of ¥0.12 per share in the same period last year[8] - The basic earnings per share for the first three quarters of 2025 was ¥0.34, recovering from a loss of ¥0.12 in the same period of 2024[18] Cash Flow - The net cash flow from operating activities for the year-to-date period is ¥181,838,525.04, showing significant improvement due to increased product demand[7] - Operating cash flow for the first three quarters of 2025 was RMB 181,838,525.04, compared to a negative RMB 240,694,349.79 in the same period of 2024, indicating a significant recovery[22] - Total cash inflow from operating activities reached RMB 1,492,071,789.48, while cash outflow was RMB 1,310,233,264.44, resulting in a net cash flow from operations of RMB 181,838,525.04[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,502[10] - The largest shareholder, Suzhou Yuanhua Chuangxing Investment Management Co., Ltd., holds 230,976,000 shares, accounting for 51.86% of total shares[10] Inventory and Receivables - Accounts receivable increased to ¥1,656,290,887.82 from ¥1,455,507,914.48, reflecting a growth of approximately 13.8%[13] - Inventory has risen to ¥968,768,675.65, compared to ¥783,500,870.49, indicating a growth of about 23.6%[13] - Total current assets reached ¥3,673,624,807.17, an increase from ¥3,092,308,639.71, representing a growth of approximately 18.7%[13] Cash and Cash Equivalents - The company's cash and cash equivalents as of September 30, 2025, amount to ¥471,320,103.77, down from ¥515,756,464.83 as of December 31, 2024[13] - The company reported a total cash and cash equivalents balance of RMB 468,070,515.77 at the end of the third quarter of 2025, down from RMB 472,886,146.13 at the end of the same period in 2024[23] Market Expansion - The company has intensified its market expansion efforts, leading to increased product demand in the consumer electronics sector[7] Non-Recurring Gains - Non-recurring gains for the year-to-date period amounted to ¥5,417,024.12, with government subsidies contributing to the overall financial performance[5]

Financial Performance - The company's operating revenue for the third quarter was ¥855,745,020.11, a decrease of 3.54% compared to the same period last year[5]. - Total profit for the quarter reached ¥163,759,676.76, an increase of 32.38% year-over-year[5]. - Net profit attributable to shareholders was ¥137,160,130.79, reflecting a growth of 28.31% compared to the previous year[5]. - The basic earnings per share for the quarter was ¥0.30, up 25.00% from the same period last year[5]. - Total operating revenue for the first three quarters of 2025 reached ¥2,503,285,677.14, an increase of 2.85% compared to ¥2,433,896,081.82 in the same period of 2024[31]. - Net profit for the first three quarters of 2025 was ¥454,622,467.36, representing a 19.8% increase from ¥379,456,296.24 in 2024[32]. - Basic and diluted earnings per share improved to ¥0.88, compared to ¥0.74 in the previous year[33]. - The company reported a total comprehensive income of ¥457,137,724.61 for the first three quarters of 2025, compared to ¥377,594,122.06 in 2024[33]. Assets and Liabilities - Total assets at the end of the reporting period were ¥8,778,417,858.36, an increase of 8.35% from the end of the previous year[6]. - The company's total assets reached RMB 8,778,417,858.36, an increase from RMB 8,101,716,853.56 at the end of 2024, representing a growth of approximately 8.34%[25]. - The company's total liabilities as of September 30, 2025, were RMB 3,660,348,582.83, compared to RMB 3,309,990,451.55 at the end of 2024, indicating an increase of around 10.59%[28]. - The equity attributable to shareholders reached RMB 4,429,528,732.98, up from RMB 4,152,294,656.58, which is an increase of approximately 6.67%[29]. Cash Flow - The company reported a net cash flow from operating activities of ¥26,616,943.28 for the year-to-date, a decrease of 20.11% compared to the previous year[5]. - Cash flow from operating activities generated a net amount of ¥26,616,943.28, down from ¥33,316,512.44 in the same period last year[35]. - Cash and cash equivalents at the end of the period totaled ¥2,147,431,771.71, an increase from ¥1,554,068,654.15 at the end of the previous year[36]. - Investment activities resulted in a net cash outflow of ¥35,590,660.57, an improvement from a net outflow of ¥53,717,606.72 in 2024[35]. - Financing activities generated a net cash inflow of ¥315,081,921.73, compared to a net outflow of ¥112,241,598.38 in the same period last year[36]. Shareholder Actions - The company plans to repurchase shares with a budget between RMB 100 million and RMB 150 million, starting from February 10, 2025, to February 9, 2026[14]. - As of October 30, 2025, the company has repurchased a total of 1,863,400 shares, accounting for 0.4109% of the total share capital, with a total expenditure of RMB 104,635,782.73[15]. - The company repurchased 33.0229% equity in Lianchuang Display Technology Co., Ltd. for RMB 100 million, restoring it as a wholly-owned subsidiary[17]. Investments and Acquisitions - The company acquired 6.7% equity in Jiangxi Lianchuang Cable Co., Ltd. for RMB 100,000, resulting in 100% ownership[16]. - The company is involved in a joint investment to establish a commercial aerospace operation company with a registered capital of RMB 80 million, contributing RMB 24 million for a 30% stake[19]. - The company approved a capital increase of RMB 240 million for its wholly-owned subsidiary, Jiangxi Lianchuang Display Technology Co., Ltd., raising its registered capital from RMB 590.5 million to RMB 830.5 million[24]. - The company also increased the registered capital of its subsidiary, Jiangxi Lianchuang Zhiguang Technology Co., Ltd., by RMB 240 million, bringing its registered capital from RMB 185 million to RMB 425 million[24]. Strategic Changes - The company has applied to terminate the listing of its subsidiary, Hualian Electronics, on the National Equities Exchange and Quotations, based on its current operational status and long-term strategic planning[21]. - The company completed the deregistration of its subsidiary, Jiangxi Huason Laser Technology Co., Ltd., on August 29, 2025, as part of its strategic development considerations[23]. Research and Development - Research and development expenses increased to ¥125,446,953.94, up from ¥112,437,618.33 in the previous year, indicating a focus on innovation[31].

长飞光纤光缆股份有限公司2025 年第三季度报告 证券代码：601869 证券简称：长飞光纤 长飞光纤光缆股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人马杰、主管会计工作负责人庄丹及会计机构负责人（会计主管人员）Jinpei Yang（杨 锦培）保证季度报告中财务信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 长飞光纤光缆股份有限公司2025 年第三季度报告 | | 本报告期末 | 上年度末 | 本报告期末比上 | | | --- | --- | --- | --- | --- | | | | | 年度末增减变动 | | | | | | 幅度(%) | | | 总资产 | 34,864,410,977 | 31,726,7 ...

Financial Performance - The company's operating revenue for the third quarter was CNY 1,470,356,873.74, an increase of 5.97% compared to the same period last year[4] - The total profit for the quarter was CNY 43,403,798.27, a decrease of 15.58% year-on-year[4] - The net profit attributable to shareholders was CNY 34,361,228.02, down 27.04% from the previous year[4] - The basic earnings per share for the quarter was CNY 0.04, a decrease of 20.00% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2025 was CNY 4,624,350,443.62, a decrease of 0.9% compared to CNY 4,666,958,713.84 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was CNY 146,619,239.95, a decline of 58.9% compared to CNY 356,919,215.41 in 2024[19] - Total comprehensive income for the period was CNY 144,632,967.90, a decrease from CNY 354,487,866.77 in the previous year, with the attributable to the parent company amounting to CNY 139,209,932.65 compared to CNY 344,627,089.96[20] - Earnings per share (EPS) for the current period was CNY 0.16, down from CNY 0.39 in the previous period[20] Assets and Liabilities - The total assets at the end of the reporting period were CNY 8,816,367,162.43, a decrease of 3.10% from the end of the previous year[5] - The company's total assets as of September 30, 2025, were CNY 8,816,367,162.43, down from CNY 9,097,984,876.42 at the end of 2024[16] - Total liabilities decreased to CNY 4,711,537,770.33 from CNY 5,036,414,501.68, a reduction of 6.4%[16] - Short-term borrowings increased to CNY 1,038,320,911.92, up 19.1% from CNY 871,771,193.79 at the end of 2024[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 113,538[10] - The largest shareholder, Hualu Holdings Group Co., Ltd., holds 20.69% of the shares, totaling 185,896,620 shares[10] Cash Flow and Investments - The company's cash and cash equivalents increased to CNY 786,358,617.39 as of September 30, 2025, compared to CNY 772,536,945.22 at the end of 2024[14] - Cash inflow from operating activities totaled CNY 3,901,835,418.37, an increase from CNY 3,786,030,177.32 year-over-year[22] - Operating cash flow for the first three quarters of 2025 was CNY 305,942,559.58, down from CNY 404,714,257.80 in the same period of 2024[22] - Net cash flow from investing activities was -CNY 114,511,605.78, an improvement from -CNY 176,726,176.10 in the previous year[23] - Cash flow from financing activities resulted in a net outflow of -CNY 145,650,672.54, compared to -CNY 188,301,912.41 in the prior year[23] - The company reported a net increase in cash and cash equivalents of CNY 50,505,804.05, compared to CNY 45,379,039.62 in the previous year[23] - The total cash and cash equivalents at the end of the period stood at CNY 546,206,996.02, down from CNY 575,424,936.99 at the end of the previous year[23] - The company received CNY 1,349,991,458.24 in cash from borrowings, an increase from CNY 904,000,000.03 in the previous year[23] - Cash received from sales of goods and services was CNY 3,758,129,493.31, an increase from CNY 3,428,306,291.09 in the same period last year[21] Operational Metrics - The company experienced a significant decline in profit due to large asset disposal gains from land storage in the same period last year, impacting current profit metrics[8] - Non-recurring gains and losses for the quarter amounted to CNY 11,618,622.28, with a total of CNY 18,374,363.94 for the year-to-date[7] - The company reported a decrease in research and development expenses to CNY 220,890,477.26 from CNY 223,166,241.03, a decline of 1.0%[19] - Accounts receivable rose to CNY 955,387,979.32, up from CNY 940,440,122.12 at the end of 2024, indicating a 1.0% increase[14] - Inventory decreased to CNY 1,266,992,024.09 from CNY 1,484,208,209.11, reflecting a reduction of 14.6%[14] - Total operating costs for the first three quarters of 2025 were CNY 4,428,403,914.86, down 2.6% from CNY 4,545,910,874.37 in 2024[18]