Financial Performance - The company's operating revenue for the third quarter was CNY 334,749,188.89, a decrease of 1.44% compared to the same period last year[4] - The total profit for the year-to-date period was CNY -37,915,635.99, reflecting a significant decline of 900.71% year-on-year[4] - The net profit attributable to shareholders for the third quarter was CNY -6,631,138.13, marking a year-on-year decrease of 260.50%[4] - The company's net profit for the current period is -¥18,810,616.81, compared to a net profit of ¥11,720,277.68 in the same period last year, indicating a significant decline[21] - Operating profit has decreased to -¥37,640,766.47 from ¥4,782,153.26 year-over-year, reflecting a challenging operational environment[21] - The company reported a total comprehensive income of -¥18,897,942.82, compared to ¥11,670,138.34 in the same period last year, indicating a substantial decline in overall financial performance[22] - Basic and diluted earnings per share are both -¥0.26, compared to ¥0.16 in the previous year, highlighting a negative impact on shareholder value[22] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was CNY 135,816,636.50, an increase of 237.28% compared to the previous year[5] - Cash and cash equivalents as of September 30, 2025, were RMB 515,404,215.73, down from RMB 706,639,751.63 at the end of 2024, representing a decrease of 27%[14] - The net cash flow from operating activities has improved to ¥135,816,636.50 from ¥40,268,022.68 year-over-year, indicating better cash management[25] - Cash and cash equivalents at the end of the period stand at ¥318,732,498.55, down from ¥446,034,097.06 at the end of the previous year[26] Operating Costs and Expenses - Total operating costs for the first three quarters of 2025 were RMB 1,077,859,584.93, up from RMB 996,186,315.66 in 2024, reflecting a year-on-year increase of 8.2%[20] - Operating costs included RMB 971,326,935.74 in operating expenses for 2025, compared to RMB 890,494,714.47 in 2024, indicating a rise of 9.1%[20] - The company incurred financial expenses of ¥21,685,638.64, significantly higher than ¥11,482,441.05 in the previous year, primarily due to increased interest expenses[21] - Research and development expenses decreased to ¥33,047,484.65 from ¥41,835,654.95, reflecting a strategic shift in resource allocation[21] Shareholder Information - The company has a total of 14,546 common shareholders at the end of the reporting period[11] - The largest shareholder, Zhang Jianwei, holds 57.35% of the shares, totaling 42,133,333 shares[11] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,959,340,840.71, representing a 3.79% increase from the end of the previous year[5] - Total assets as of September 30, 2025, amounted to RMB 2,959,340,840.71, compared to RMB 2,851,168,167.03 at the end of 2024, showing an increase of 3.8%[16] - Total liabilities as of September 30, 2025, were RMB 1,935,297,445.60, up from RMB 1,810,047,488.36 in 2024, reflecting an increase of 6.9%[17] - Non-current assets totaled RMB 1,682,551,663.82 as of September 30, 2025, compared to RMB 1,455,774,512.40 at the end of 2024, indicating a growth of 15.6%[16] - The company's equity attributable to shareholders was RMB 1,024,043,395.11 as of September 30, 2025, slightly down from RMB 1,041,120,766.13 in 2024, a decrease of 1.6%[17] Strategic Focus - The decline in net profit was attributed to ongoing construction of the Ningbo Guanshi photomask manufacturing project and increased depreciation expenses as projects transition to fixed assets[9] - The company reported a net profit margin decline due to increased operating costs, impacting overall profitability[20] - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[20] - Investment activities resulted in a net cash outflow of -¥406,763,980.94, compared to -¥889,751,769.29 in the previous year, suggesting a reduction in investment expenditures[26] - The company reported a significant increase in government subsidies, contributing to the improved cash flow from operating activities[10]

长春英利汽车工业股份有限公司 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。 长春英利汽车工业股份有限公司 2025 年第三季度报告 证券代码：601279 证券简称：英利汽车 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。 长春英利汽车工业股份有限公司 2025 年第三季度报告 | 稀释每股收益（元/股） | -0.011 | | -320.00 | -0.034 | | -221.43 | | --- | --- | --- | --- | --- | --- | --- | | 加权平均净资产收益率 | -0.42 | 减少 0.59 | 个 | -1.26 | 减少 2.30 | 个百 | | （%） | | | 百分点 | | | 分点 | | | 本报告期末 | | 上年度末 | ...

Financial Performance - The company's operating revenue for Q3 2025 was CNY 370,337,147.56, representing a year-on-year increase of 16.80%[4] - The total profit for the period was CNY 24,344,849.21, showing a significant increase of 40.55% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 25,339,837.10, up 42.86% year-on-year[4] - The basic earnings per share for the period was CNY 0.0087, up 42.62% year-on-year[4] - The diluted earnings per share also stood at CNY 0.0087, reflecting the same percentage increase[4] - Net profit for the first three quarters of 2025 was CNY 96,831,714.17, a decrease of 13.4% from CNY 111,746,287.93 in the same period of 2024[21] - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.0334, down from CNY 0.0385 in the same period of 2024[22] Cash Flow - The net cash flow from operating activities reached CNY 81,081,320.12, a substantial increase of 81.71% compared to the previous year[4] - The net cash flow from operating activities year-to-date saw a drastic decline of 99.05%, mainly due to an increase in bank acceptance bill margin[9] - Cash inflow from operating activities for the first three quarters of 2025 reached approximately ¥1.56 billion, a 24% increase from ¥1.26 billion in the same period of 2024[24] - Cash outflow from operating activities totaled approximately ¥1.56 billion, up from ¥1.10 billion year-over-year, resulting in a net cash flow from operating activities of approximately ¥1.53 million, a significant decrease from ¥160.8 million in 2024[25] - Cash inflow from investment activities was approximately ¥715.6 million, compared to ¥34.2 million in the previous year, while cash outflow for investment activities increased to approximately ¥1.28 billion from ¥843.9 million[25] - The net cash flow from investment activities was negative at approximately -¥568.6 million, an improvement from -¥809.7 million in the same period last year[25] - Cash inflow from financing activities was approximately ¥1.29 billion, significantly higher than ¥328 million in 2024, with net cash flow from financing activities reaching approximately ¥519.9 million, compared to a negative cash flow of -¥76 million in the previous year[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,871,324,311.59, reflecting a growth of 14.23% from the end of the previous year[5] - The company's total assets increased to CNY 9,871,324,311.59, compared to CNY 8,641,692,662.46 in the previous year, reflecting a growth of 14.2%[18] - Total liabilities rose to CNY 2,298,269,233.93, up 100.0% from CNY 1,147,372,248.15 year-over-year[18] - The company’s non-current assets totaled CNY 5,254,344,988.75, an increase of 21.9% from CNY 4,312,047,695.96 year-over-year[18] - The company’s deferred tax assets decreased to CNY 869,391.28 from CNY 2,451,737.59, a decline of 64.6%[18] Shareholder Information - HNA Technology Group Co., Ltd. holds 602,006,689 shares, representing 20.76% of total shares, with 418,000,000 shares pledged[12] - Guohua Life Insurance Co., Ltd. holds 415,565,400 shares, accounting for 14.33% of total shares[12] - Total shares held by HNA Technology Group and its concerted action party, Daxin Logistics Holdings, amount to 853,443,285 shares, or 29.44% of total shares[13] - The company has pledged a total of 631,132,800 shares, which is 21.77% of total shares[13] Current Assets and Reserves - The company reported cash and cash equivalents of RMB 3,914,834,924.83 as of September 30, 2025, an increase from RMB 3,759,001,168.87 at the end of 2024[16] - Accounts receivable increased significantly to RMB 34,670,390.52 from RMB 2,404,483.36 year-over-year[16] - The total current assets as of September 30, 2025, amounted to RMB 4,616,979,322.84, compared to RMB 4,329,644,966.50 at the end of 2024[16] - Long-term equity investments increased to RMB 2,163,090,462.69 from RMB 2,154,598,180.98 year-over-year[16] - The company plans to use a total of RMB 5,365,593,119.92 from surplus and capital reserves to cover accumulated losses[14] - The company’s capital reserve will decrease to RMB 4,492,156,922.43 after the loss compensation plan is implemented[14] Comprehensive Income - The company reported a decrease in comprehensive income to CNY 80,709,714.17 from CNY 99,331,756.79 in the previous year, indicating a decline of 18.7%[22] Accounting Standards - The company will not apply new accounting standards or interpretations starting from 2025[26]

Financial Performance - The company's revenue for Q3 2025 reached approximately CNY 4.03 billion, an increase of 3.71% compared to the same period last year[7] - Total profit for the quarter was approximately CNY 386.55 million, reflecting a decrease of 4.01% year-over-year[7] - Net profit attributable to shareholders was approximately CNY 281.99 million, up by 3.95% compared to the previous year[7] - Total operating revenue for the first three quarters of 2025 reached CNY 15,599,408,001.60, an increase of 2.24% compared to CNY 15,258,841,551.72 in the same period of 2024[25] - Net profit for the first three quarters of 2025 was CNY 1,843,673,394.34, a decrease of 6.13% from CNY 1,964,014,369.52 in the previous year[26] - Total comprehensive income for the first three quarters of 2025 was CNY 1,845,237,087.61, down from CNY 1,975,279,703.18, a decline of 6.57%[26] Cash Flow - The net cash flow from operating activities for the year-to-date period was approximately CNY 2.03 billion, showing a significant increase of 7,436.93%[7] - In the first three quarters of 2025, the cash inflow from operating activities was approximately ¥16.91 billion, an increase of 2.1% compared to ¥16.57 billion in the same period of 2024[28] - The net cash flow from operating activities reached ¥2.03 billion, a significant increase from just ¥26.89 million in the first three quarters of 2024[28] - Cash outflow for purchasing goods and services decreased to ¥9.02 billion from ¥10.50 billion year-over-year, reflecting a reduction of 14.2%[28] - The net cash flow from investing activities was -¥1.31 billion, an improvement from -¥1.59 billion in the same period last year[29] - Cash inflow from financing activities was ¥780 million, down from ¥1.11 billion in the previous year[29] - The cash outflow for dividend distribution and interest payments was ¥864.50 million, a decrease of 77.2% compared to ¥3.79 billion in the same period of 2024[29] - The company received ¥191.29 million from investment recoveries, a notable increase from ¥100,000 in the previous year[29] Assets and Liabilities - The total assets at the end of the reporting period were approximately CNY 33.09 billion, a decrease of 1.03% from the previous year-end[8] - Total liabilities decreased to CNY 14,819,600,287.44 from CNY 16,144,102,669.57, indicating a reduction of approximately 8.18%[22] - Total equity increased to CNY 18,267,406,291.16 from CNY 17,286,917,855.83, reflecting a growth of about 5.68%[23] - The company's cash and cash equivalents decreased from approximately RMB 6.79 billion at the end of 2024 to RMB 5.59 billion by September 30, 2025[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,651[12] - The basic earnings per share for the quarter was CNY 0.06, a decrease of 4.88% compared to the same period last year[8] - Earnings per share (EPS) for the first three quarters of 2025 was CNY 0.39, down from CNY 0.41 in the same period of 2024[26] Business Operations - The total number of stores increased from 7,178 at the beginning of the year to 7,241 by the end of the reporting period, resulting in a net increase of 63 stores[15] - The company opened 681 new stores while closing 618, resulting in a net increase of 63 stores across all brands[15] - Online sales accounted for 20.42% of total revenue, generating approximately RMB 3.09 billion, while offline sales contributed 79.58% with around RMB 12.05 billion[18] - The main business revenue for the Hai Lan Zhi Jia series reached approximately RMB 10.85 billion, with a gross margin of 47.68%, reflecting a year-on-year decrease of 3.99% in revenue[15] - The main business income for the franchise and other stores was approximately RMB 9.35 billion, with a gross margin of 40.29%[16] - The company reported a total main business income of approximately RMB 15.14 billion, with a gross margin of 46.25%[16] Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 156,993,010.89, down from CNY 184,381,815.17, representing a decrease of 14.81%[25] Other Financial Metrics - The company reported a weighted average return on equity of 1.66%, down by 0.09 percentage points from the previous year[8] - Non-recurring gains and losses for the quarter totaled approximately CNY 32.00 million[10] - The gross profit margin for direct stores was 63.22%, showing an increase of 1.26% compared to the previous year[16] - The company reported a financial income of CNY 201,409,904.60, compared to CNY 186,010,853.71 in the previous year, marking an increase of 8.06%[25] - The company reported a negative impact of ¥9.45 million from exchange rate fluctuations on cash and cash equivalents[29]

公司负责人【祝昌人】、主管会计工作负责人【张彤】及会计机构负责人（会计主管人员）【程 俊】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 元成环境股份有限公司 2025 年第三季度报告 证券代码：603388 证券简称：*ST 元成 元成环境股份有限公司 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。 □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 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 20,144,699.65 | ...

Financial Performance - The company's revenue for Q3 2025 reached ¥44,547,170.04, representing a year-on-year increase of 21.80% and a quarter-on-quarter growth of 7.13%[6] - The total profit for the period was -¥8,083,937.75, with a net profit attributable to shareholders of -¥7,878,981.97, indicating ongoing financial challenges[4] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was -¥2,134.28 million after accounting for share-based payment expenses of ¥949.79 million[9] - The net loss for the first three quarters of 2025 was ¥30,840,706.14, compared to a net loss of ¥7,157,997.60 in the same period of 2024[24] - Basic and diluted earnings per share for the current period were both -¥0.26, compared to -¥0.08 in the previous year[25] Research and Development - Research and development expenses amounted to ¥19,978,188.80 in Q3 2025, accounting for 44.85% of revenue, a decrease of 4.13 percentage points compared to the previous year[5] - R&D investment increased by 31.84% year-to-date due to higher material costs and additional R&D personnel[14] - Research and development expenses rose to ¥66,172,055.52, representing a 31.9% increase from ¥50,193,008.55 in the previous year[23] - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[23] Market and Product Development - The company successfully acquired Shenzhen Jinghua Zhixin Microelectronics Co., expanding its business scale and actively exploring new markets[6] - The revenue from medical health SoC chip products accounted for 33.97%, with a significant year-on-year increase of 158.35% in sales of blood glucose meter chips[7] - The number of ongoing chip projects increased by 20.59% compared to the same period last year, with a 100% increase in the number of tape-out instances[8] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,346,103,308.12, reflecting a decrease of 5.72% from the end of the previous year[5] - Total assets decreased to ¥1,346,103,308.12 from ¥1,427,803,016.08, reflecting a decline of approximately 5.7%[21] - Total liabilities decreased to ¥99,463,884.16 from ¥162,552,705.21, a reduction of about 38.8%[20] Cash Flow and Liquidity - The company has a total cash balance of approximately ¥151.88 million as of September 30, 2025, down from ¥711.24 million at the end of 2024[18] - The company's cash flow from operating activities showed a significant decline, impacting overall liquidity[25] - The net cash flow from operating activities for the first three quarters of 2025 was -CNY 33,551,116.71, slightly worse than -CNY 31,624,186.57 in 2024[27] - The ending cash and cash equivalents balance for the first three quarters of 2025 was CNY 151,876,634.01, a significant decrease from CNY 555,580,018.75 in 2024[27] - The total cash outflow from operating activities was CNY 181,561,445.33 in 2025, compared to CNY 135,993,263.46 in 2024, reflecting an increase of approximately 33%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 7,974[15] - The largest shareholder, Lü Huanquan, holds 53,158,560 shares, representing 43.97% of total shares[16] - The second-largest shareholder, Luo Luoyi, holds 13,030,290 shares, accounting for 10.78%[16] Government Support - The company received government subsidies amounting to ¥201,000.00, which positively impacted its financial results[11] Investment Activities - The company reported an investment income of ¥8,834,065.67, down from ¥10,295,429.25 year-over-year[23] - The cash inflow from investment activities was CNY 894,845,039.28 in 2025, down from CNY 982,924,971.19 in 2024, a decrease of about 9%[27] - The net cash flow from investment activities was -CNY 484,183,695.70 in 2025, compared to -CNY 163,678,357.95 in 2024, indicating a significant increase in cash outflow[27]

Financial Performance - The company's operating revenue for the third quarter was CNY 1,019,342,255.45, a decrease of 38.08% year-on-year[4] - Total profit for the quarter reached CNY 253,188,070.04, an increase of 44.05% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 224,559,220.11, reflecting a year-on-year increase of 53.66%[4] - Basic earnings per share for the quarter were CNY 0.30, an increase of 57.89% compared to the same period last year[5] - Total profit for the year-to-date increased by 172.92%, primarily due to the sale of a 12% stake in a joint venture, generating a disposal gain of 1.54 billion RMB after tax[10] - Net profit for the first three quarters of 2025 reached CNY 2,146,216,262.92, compared to CNY 793,134,205.47 in 2024, reflecting an increase of approximately 171.5%[19] - Operating profit for the first three quarters of 2025 was CNY 2,522,594,956.81, significantly higher than CNY 919,432,930.61 in the previous year, marking an increase of around 174.3%[19] - The net profit attributable to the parent company shareholders for the first three quarters of 2025 is CNY 2,152,182,184.52, compared to CNY 803,855,815.93 in the same period of 2024, representing a significant increase[20] - The total comprehensive income for the first three quarters of 2025 is CNY 2,145,311,321.48, up from CNY 792,454,029.76 in 2024[20] - Basic and diluted earnings per share for the first three quarters of 2025 are both CNY 2.80, compared to CNY 1.04 in 2024, indicating a strong performance improvement[20] Cash Flow - The cash flow generated from operating activities amounted to CNY 102,588,569.58, a significant increase of 727.70% year-on-year[4] - The net cash flow from operating activities increased by 727.70% for the current reporting period, mainly due to a rise in cash received from sales of goods and services[10] - Cash inflows from operating activities for the first three quarters of 2025 amount to CNY 3,640,002,364.59, down from CNY 6,200,789,712.62 in 2024[21] - The net cash flow from operating activities for the first three quarters of 2025 is CNY 590,329,947.27, slightly up from CNY 567,609,005.34 in 2024[21] - Cash outflows from investing activities for the first three quarters of 2025 total CNY 5,010,758,565.34, compared to CNY 1,391,606,362.08 in 2024, indicating increased investment activity[22] - The net cash flow from investing activities for the first three quarters of 2025 is -CNY 1,506,491,600.39, worsening from -CNY 1,175,618,836.51 in 2024[22] - The net cash flow from financing activities for the first three quarters of 2025 is -CNY 979,528,249.55, compared to -CNY 31,519,702.29 in 2024, reflecting a significant increase in cash outflows[22] - The ending cash and cash equivalents balance as of the end of the third quarter of 2025 is CNY 1,048,684,858.24, down from CNY 1,357,743,974.78 in 2024[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,585,156,807.98, representing a 7.58% increase from the end of the previous year[5] - Total assets as of September 30, 2025, were CNY 11,585,156,807.98, compared to CNY 10,768,625,044.29 at the end of 2024, reflecting an increase of about 7.6%[15] - Total liabilities decreased to CNY 2,561,059,550.26 as of September 30, 2025, from CNY 2,918,688,717.32 at the end of 2024, a decline of approximately 12.3%[16] - Shareholders' equity attributable to the company was CNY 9,009,343,064.30, up 14.86% from the previous year-end[5] - Shareholders' equity increased to CNY 9,024,097,257.72 as of September 30, 2025, compared to CNY 7,849,936,326.97 at the end of 2024, representing an increase of about 14.9%[16] Product Sales - The sales revenue of the main product, Su Xiao Xin Xin Wan, was CNY 1.716 billion, up 13.34% year-on-year[6] - The sales revenue of Qing Yan Di Wan reached CNY 376 million, marking a year-on-year growth of 38.61%[6] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 58,613[12] - The largest shareholder, Tianjin Pharmaceutical Group Co., Ltd., holds 331,120,528 shares, accounting for 42.997% of total shares[12] Accounting and Reporting Changes - The company plans to divest its wholly-owned subsidiary Tianjin Zhongxin Pharmaceutical Co., Ltd., which will impact revenue recognition in future reports[6] - Operating revenue for the current reporting period decreased by 38.08%, primarily due to changes in the scope of consolidation, as Tianjin Zhongxin Pharmaceutical Co., Ltd. is no longer included in the data[10] - The company will not apply new accounting standards starting from 2025, as stated in the announcement[23]

Financial Performance - The company's revenue for Q3 2025 was ¥216,818,389, representing a slight increase of 0.06% compared to the same period last year[3]. - The total profit for the period was a loss of ¥11,827,782, with a year-to-date loss of ¥3,862,428[3]. - The net profit attributable to shareholders was a loss of ¥11,947,388 for the quarter, and a loss of ¥5,225,738 year-to-date[3]. - Total operating revenue for the first three quarters of 2025 was CNY 743,658,063, a decrease of 7.1% compared to CNY 800,667,195 in the same period of 2024[18]. - Net profit for the first three quarters of 2025 was a loss of CNY 5,106,776, compared to a loss of CNY 30,495,962 in the same period of 2024, indicating an improvement[19]. - The total comprehensive income for the first three quarters of 2025 was a loss of CNY 4,980,319, compared to a loss of CNY 30,836,276 in 2024, showing significant improvement[19]. Cash Flow and Liquidity - The net cash flow from operating activities for the quarter was ¥17,317,617, a significant increase of 397.70% year-to-date[3]. - In the first three quarters of 2025, the net cash flow from operating activities was $103,468,366, a significant increase compared to $20,789,237 in the same period of 2024, reflecting improved operational efficiency[21]. - The cash flow from operating activities totaled $746,285,921 in 2025, while cash outflows were $642,817,555, resulting in a positive net cash flow from operations[21]. - Cash and cash equivalents increased to CNY 311,824,746 from CNY 181,897,320, representing a growth of 71.5%[13]. - Cash and cash equivalents at the end of the third quarter of 2025 stood at $133,507,471, down from $161,153,880 at the end of the same period in 2024[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,529,565,434, down 6.83% from the end of the previous year[4]. - The total liabilities of the company as of September 30, 2025, amounted to CNY 437,507,126, a decrease from CNY 576,123,095 at the end of 2024[16]. - The company's total liabilities as of September 30, 2025, amounted to CNY 437,507,126, a decrease from CNY 576,123,095 at the end of 2024[16]. - The equity attributable to shareholders increased by 2.52% to ¥1,068,994,858 compared to the end of the previous year[4]. - The total equity attributable to shareholders as of September 30, 2025, was CNY 1,068,994,858, an increase from CNY 1,042,691,207 at the end of 2024[16]. Cost Management - The company implemented strict cost control measures, leading to a significant reduction in overall expenses and a narrowing of losses[7]. - Total operating costs for the first three quarters of 2025 were CNY 732,467,218, down 11.3% from CNY 826,217,570 in 2024[18]. - The company incurred cash outflows for purchasing goods and services amounting to $185,800,702 in 2025, a decrease from $271,165,429 in 2024, indicating cost management efforts[21]. - The company's financial expenses decreased to CNY 8,150,417 in 2025 from CNY 14,156,649 in 2024, a reduction of 42.5%[18]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,867[8]. - The company has no reported changes in the shareholding structure among the top ten shareholders[11]. - The company’s repurchase account held 32,290,060 shares, accounting for 7.69% of the total share capital[11]. Research and Development - Research and development expenses for the first three quarters of 2025 were CNY 20,363,538, down from CNY 22,749,109 in 2024, reflecting a 10.4% decrease[18]. - The company has not reported any new product developments or market expansion strategies in this quarter[3]. - The company has not disclosed any new strategies or product developments during the reporting period[12]. Investment Activities - Total cash inflow from investment activities in the first three quarters of 2025 was $1,054,725,589, while cash outflow was $1,062,030,118, resulting in a net cash flow of -$7,304,529, contrasting with a positive net cash flow of $33,537,302 in 2024[22]. - The cash received from investment income in the first three quarters of 2025 was $3,717,831, a significant drop from $11,949,090 in 2024, reflecting challenges in investment performance[22]. - The company reported a cash outflow of $151,500,000 for debt repayment in 2025, compared to $534,080,363 in 2024, indicating a reduction in debt servicing[22].

Financial Performance - The company's operating revenue for the third quarter was CNY 1,930,366,841.60, a decrease of 26.78% compared to the same period last year[4] - The total profit for the quarter was CNY 413,869,324.68, down 50.46% year-on-year[4] - The net profit attributable to shareholders was CNY 320,347,746.34, reflecting a decline of 48.69% compared to the previous year[4] - The basic earnings per share for the quarter was CNY 0.2569, a decrease of 48.70% year-on-year[5] - Total operating revenue for the first three quarters of 2025 was ¥8,881,812,629.52, a decrease of 10.7% compared to ¥9,941,582,189.34 in the same period of 2024[18] - Net profit for the first three quarters of 2025 was ¥2,549,063,290.84, down 17.4% from ¥3,085,799,149.86 in the first three quarters of 2024[19] - Operating profit for the first three quarters of 2025 was ¥3,377,956,565.12, a decline of 18.0% compared to ¥4,121,748,142.35 in the same period of 2024[18] - Earnings per share for the first three quarters of 2025 was ¥2.0445, compared to ¥2.4750 in the same period of 2024, indicating a decline in profitability[20] - Total comprehensive income for the first three quarters of 2025 was ¥2,549,387,804.60, down from ¥3,085,184,208.63 in 2024, reflecting overall performance decline[19] Cash Flow and Investments - The net cash flow from operating activities decreased by 59.33% to CNY 906,847,947.73 for the year-to-date period[10] - Cash flow from operating activities for the first three quarters of 2025 was ¥906,847,947.73, a significant decrease of 59.3% compared to ¥2,229,839,569.15 in 2024[21] - Cash inflow from investment activities in the first three quarters of 2025 was ¥2,683,995,993.02, significantly higher than ¥732,103,835.02 in 2024, indicating increased investment recovery[21] - Total cash outflow from investment activities amounted to approximately $3.20 billion, an increase from $2.16 billion in the previous period, resulting in a net cash flow from investment activities of -$519 million, improving from -$1.43 billion[22] - The company reported a net decrease in cash and cash equivalents of approximately $917 million, compared to a decrease of $425 million in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 24,478,248,371.13, an increase of 1.06% from the end of the previous year[5] - The company's current assets decreased to RMB 12.71 billion from RMB 13.93 billion, primarily due to a reduction in cash and cash equivalents[15][16] - Inventory increased to RMB 6.10 billion from RMB 5.57 billion, indicating a growth of approximately 9.6%[15][16] - Total liabilities decreased to RMB 7.97 billion from RMB 8.77 billion, reflecting a reduction of about 9.1%[17] - The company's equity attributable to shareholders rose to RMB 16.51 billion from RMB 15.45 billion, marking an increase of approximately 6.8%[17] - The total liabilities to equity ratio improved, indicating a stronger financial position for the company[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,323[12] - The company has not reported any significant changes in its major shareholders or their participation in financing activities[13][14] Government Support and R&D - The company received government subsidies amounting to CNY 1,638,413.18 during the reporting period[7] - Research and development expenses increased to ¥32,339,616.59 in 2025, up from ¥29,154,195.70 in 2024, reflecting a focus on innovation[18]

Financial Performance - The company's operating revenue for the third quarter reached ¥8,960,447,604.09, representing a year-on-year increase of 4.05%[4] - The total profit for the quarter was ¥3,971,035,642.55, showing a slight increase of 0.85% compared to the same period last year[4] - The net profit attributable to shareholders was ¥2,899,431,789.53, which is a decrease of 1.38% year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached ¥32.92 billion, an increase of 4.99% compared to ¥31.36 billion in the same period of 2024[19] - Net profit for the first three quarters of 2025 was ¥11.45 billion, a slight increase of 0.78% from ¥11.36 billion in 2024[20] - The company reported a total profit of ¥15.41 billion for the first three quarters of 2025, compared to ¥15.24 billion in 2024, reflecting a growth of 1.16%[20] Cash Flow and Assets - The cash flow from operating activities for the year-to-date period was ¥8,982,107,362.78, reflecting a decrease of 21.45% compared to the previous year[5] - Cash flow from operating activities generated a net amount of ¥8.98 billion, down 21.43% from ¥11.43 billion in 2024[22] - Cash flow from investment activities showed a net inflow of ¥3.76 billion, significantly up from ¥1.40 billion in the previous year[23] - Cash and cash equivalents at the end of the period totaled ¥11.28 billion, an increase from ¥10.93 billion at the end of 2024[23] - The company's cash and cash equivalents increased significantly to RMB 11.31 billion from RMB 6.28 billion, representing a growth of approximately 80.45%[14] - Total assets at the end of the reporting period amounted to ¥54,550,849,056.82, an increase of 1.97% from the end of the previous year[5] Shareholder Equity - The equity attributable to shareholders increased by 11.58% year-on-year, reaching ¥38,779,847,796.72[5] - The equity attributable to shareholders increased to RMB 38.78 billion from RMB 34.75 billion, reflecting a growth of approximately 11.5%[16] - The total number of ordinary shareholders at the end of the reporting period was 79,985[9] Costs and Expenses - Total operating costs increased to ¥17.63 billion, up 8.33% from ¥16.28 billion year-over-year[19] - Tax expenses for the first three quarters of 2025 were ¥3.96 billion, an increase from ¥3.88 billion in the same period last year[20] - The company's research and development expenses increased to ¥122.47 million, up from ¥101.72 million in 2024, indicating a focus on innovation[19] Other Financial Metrics - The basic earnings per share for the quarter was ¥2.38, down by 1.24% from the same period last year[5] - Earnings per share for the first three quarters of 2025 was ¥9.35, compared to ¥9.30 in the same period last year[20] - The weighted average return on equity for the quarter was 8.05%, an increase of 1.17 percentage points year-on-year[5] Changes in Liabilities and Investments - Total liabilities decreased to RMB 15.27 billion from RMB 18.29 billion, a reduction of approximately 16.5%[16] - The long-term equity investments increased to RMB 110.72 million from RMB 95.60 million, a growth of approximately 15.77%[14] - The company reported a significant increase in other receivables, which decreased to RMB 19.88 million from RMB 33.12 million, indicating a reduction of approximately 40.06%[14] Accounting Standards - The new accounting standards or interpretations will be implemented starting from 2025, affecting the financial statements from the beginning of the year[24]