FORE(SZ:301368)2025-10-29 08:50Financial Performance - Total revenue for Q3 2025 was CNY 129,734,641.30, representing a slight increase of 0.03% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY -2,186,631.21, a significant decrease of 139.82% year-on-year[5]. - The basic earnings per share (EPS) was CNY -0.02, down 150.00% from the previous year[5]. - Total revenue for the period reached CNY 371,757,207.86, a slight increase from CNY 371,101,432.75 in the previous period[18]. - Net profit for the period was CNY 1,037,802.43, a significant decrease from CNY 15,823,399.70 in the previous period[19]. - Basic earnings per share (EPS) decreased to 0.01 from 0.13 year-over-year[20]. Assets and Liabilities - Total assets increased by 13.90% to CNY 1,497,794,592.85 compared to the end of the previous year[5]. - Total assets increased to CNY 1,497,794,592.85 from CNY 1,314,959,663.58, representing a growth of approximately 13.9%[17]. - Current liabilities rose to CNY 473,911,776.04, up from CNY 329,013,945.21, indicating a growth of about 43.9%[17]. - Cash and cash equivalents increased to CNY 179,673,290.12 from CNY 165,600,164.44, showing a growth of approximately 8.5%[16]. - Inventory levels rose to CNY 171,295,213.12 from CNY 146,291,940.05, reflecting an increase of about 17.1%[16]. - Non-current assets totaled CNY 924,481,784.99, up from CNY 807,418,529.66, indicating a growth of approximately 14.5%[17]. Cash Flow - Operating cash flow net amount for the year-to-date was CNY 4,527,177.85, reflecting a decrease of 78.50%[5]. - Net cash flow from operating activities was 4,527,177.85, down from 21,058,895.87 in the previous period[20]. - Cash inflow from operating activities totaled 443,566,850.23, compared to 426,735,470.23 in the prior period, reflecting a 3.9% increase[20]. - Cash outflow from operating activities increased to 439,039,672.38 from 405,676,574.36, resulting in a net cash flow of 4,527,177.85[21]. - Net cash flow from investing activities was -161,275,266.38, an improvement from -233,077,446.72 in the previous period[21]. - Cash inflow from financing activities increased significantly to 249,829,209.00 from 52,400,000.00[21]. - The net increase in cash and cash equivalents was 17,398,265.47, compared to a decrease of 211,245,775.19 in the prior period[21]. - The ending balance of cash and cash equivalents rose to 120,687,584.44 from 74,990,602.52[21]. Shareholder Information - The company reported a total of 26,498 common shareholders at the end of the reporting period[11]. - The largest shareholder, Zhejiang Fengli Transmission, holds a 36.97% stake, equivalent to 44,404,200 shares[11]. - The total number of restricted shares held by shareholders at the end of the period is 55,978,560 shares, with no changes in the number of restricted shares during the reporting period[14]. - The largest shareholder, Zhejiang Fengli Transmission, holds 44,404,200 restricted shares, which are subject to an IPO lock-up until June 15, 2026[14]. - The second-largest shareholder, Taizhou Huangyan Fengzhong Equity Investment Partnership, holds 4,162,950 restricted shares, also subject to the same lock-up period[14]. - Huang Wenqin, a significant shareholder, holds 2,529,090 restricted shares, with the same lock-up expiration date[14]. - Wang Dongjun holds 2,088,990 restricted shares, which will also be released on June 15, 2026[14]. - The company has not reported any changes in the participation of major shareholders in margin financing or securities lending activities during the reporting period[13]. - The top ten shareholders collectively hold a significant portion of the company's shares, indicating concentrated ownership[13]. - The company has not disclosed any other important matters related to shareholder activities or changes in shareholding structure[15]. Other Information - The company received government subsidies related to fixed assets, resulting in a 231.69% increase in deferred income to CNY 16,009,486.69[9]. - Short-term borrowings surged by 248.79% to CNY 212,401,089.87, driven by increased funding needs[9]. - The company did not undergo an audit for the third quarter financial report[22]. - The company plans to implement new accounting standards starting in 2025[22].