Financial Performance - The company's operating revenue for Q3 2025 was ¥283,953,611, a decrease of 30.19% compared to the same period last year, which reported ¥406,747,699[5]. - The net profit attributable to shareholders for Q3 2025 was -¥17,317,720, representing a decline of 182.79% from the previous year's profit of ¥20,916,598[5]. - The basic earnings per share for Q3 2025 was -¥0.0722, down 182.80% from ¥0.0872 in the same period last year[5]. - The total profit for the period was CNY -39,893,847.14, representing a drastic decline of 1944.37% compared to the previous year[11]. - The net profit for the period was a loss of CNY 41,548,787.65, compared to a loss of CNY 6,244,089.50 in the previous period, indicating a significant decline in profitability[24]. - The total comprehensive income for the period was a loss of CNY 41,548,787.65, compared to a loss of CNY 6,244,089.50 in the previous period[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,188,316,824.78, a decrease of 12.87% from ¥4,806,720,743.59 at the end of the previous year[5]. - The company's total liabilities decreased by 24.80% in contract liabilities, reflecting the recognition of previously received advance payments as revenue[10]. - The company's total liabilities include a significant increase in current liabilities, with a rise of 1026.34% to CNY 329,833,702.89 due to reclassification of loans maturing within one year[11]. - Total liabilities decreased to ¥2,398,965,869.97 from ¥2,964,009,922.13, reflecting a decline of approximately 19.1%[20]. - Total equity attributable to shareholders decreased to ¥1,789,350,954.81 from ¥1,842,710,821.46, a decrease of about 2.9%[20]. Cash Flow - The company reported a net cash flow from operating activities of -¥377,376,400, indicating a significant cash outflow compared to the previous period[5]. - The cash flow from operating activities saw a 55.67% decrease to CNY 28,189,412.70, largely due to reduced loan interest subsidies received[12]. - The net cash flow from operating activities was a negative CNY 377,376,488.58, an improvement from a negative CNY 442,426,071.10 in the previous period[26]. - Cash and cash equivalents decreased by 39.78% to ¥679,154,568.70, primarily due to payments for procurement and taxes[10]. - Cash and cash equivalents decreased to ¥679,154,568.70 from ¥1,127,787,125.55, reflecting a decline of approximately 39.8%[18]. - The cash and cash equivalents at the end of the period stood at CNY 678,904,838.70, a slight increase from CNY 674,134,477.42 in the previous period[27]. Expenses and Costs - The total operating costs for the period were CNY 1,414,515,807.56, an increase of 10.98% compared to CNY 1,274,710,211.45 in the previous period[23]. - Sales expenses decreased by 31.78% to CNY 25,682,211.48, primarily due to reductions in employee compensation, rental fees, and travel expenses[11]. - Financial expenses increased by 85.61% to CNY 5,394,046.55, mainly due to last year's loan interest subsidies[11]. - The company incurred financial expenses of CNY 5,394,046.55, which included interest expenses of CNY 8,888,475.32, up from CNY 7,349,332.90 in the previous period[23]. - Research and development expenses were CNY 63,147,159.48, slightly down from CNY 64,774,379.02 in the previous period, reflecting a focus on maintaining R&D investment[23]. Taxation - The income tax expense decreased by 80.31% to CNY 1,654,940.51, primarily due to adjustments in R&D tax deductions from the previous year[11]. - The company reported a decrease in tax expenses, with income tax expenses of CNY 1,654,940.51 compared to CNY 8,407,092.95 in the previous period[24]. - The company experienced a 93.28% increase in tax payments, totaling CNY 73,957,148.14, due to higher VAT payments compared to the previous year[11]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,342, with the largest shareholder, Kunming Shipbuilding Equipment Group Co., Ltd., holding 60.00% of shares[13]. - The company has a total of 152,757,633 restricted shares, with no changes in the current period[16]. - The company plans to lift restrictions on certain shares by November 2025[16].

广东鸿特科技股份有限公司 2025 年第三季度报告 证券代码：300176 证券简称：鸿特科技 公告编号：2025-089 广东鸿特科技股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 1 广东鸿特科技股份有限公司 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 会计政策变更 因执行该项会计处理规定，本公司对 2024 年第三季度合并比较财务报表的相关项目追溯调整，具体调整情况详见本 报告及 2024 年第三季度报告内容。 （二） 非经常性损益项目和金额 适用 □不适用 | | 本报告期 | 上年同期 | | 本报告期 ...

Financial Performance - The company's revenue for Q3 2025 was CNY 569,445,432.04, representing a slight increase of 0.06% compared to the same period last year[5]. - Net profit attributable to shareholders decreased by 18.61% to CNY 6,062,109.71, while the net profit after deducting non-recurring gains and losses fell by 29.74% to CNY 3,506,487.30[5]. - The company achieved a revenue of RMB 1.614 billion for the reporting period, representing a year-on-year growth of 2.63%[22]. - The net profit attributable to shareholders was RMB 51.09 million, reflecting a year-on-year increase of 2.40%[22]. - Total operating revenue for the current period reached ¥1,794,881,900.81, an increase from ¥1,658,437,935.43 in the previous period, reflecting a growth of approximately 8.2%[37]. - Net profit attributable to shareholders of the parent company was ¥51,088,766.80, compared to ¥49,889,369.07 in the previous period, indicating a growth of about 2.4%[36]. - Total comprehensive income for the current period was ¥84,897,131.24, compared to ¥28,793,874.83 in the previous period, marking a substantial increase[36]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,556,387,837.63, an increase of 4.74% from the end of the previous year[5]. - The total assets as of September 30, 2025, amounted to CNY 3,556,387,837.63, an increase from CNY 3,395,318,023.29 at the beginning of the period[30]. - The total liabilities were CNY 1,137,564,334.41, compared to CNY 1,064,132,071.62 at the start of the period[32]. Cash Flow - The company reported a significant increase in cash flow from operating activities, which rose by 117.85% to CNY 35,528,881.59 year-to-date[5]. - The net cash flow from operating activities was ¥35,528,881.59, a significant improvement from a net outflow of ¥199,000,113.77 in the previous period[37]. - The company reported a net cash outflow from investing activities of ¥245,900,683.83, worsening from a net outflow of ¥86,629,996.23 in the previous period[38]. - The cash and cash equivalents at the end of the period totaled ¥708,585,760.00, a decrease from ¥757,582,377.70 at the beginning of the period[38]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 59,728, with the largest shareholder holding 14.73% of the shares[12]. - The company’s total equity attributable to shareholders increased by 3.66% to CNY 2,275,450,300.64 compared to the end of the previous year[5]. - The company’s employee stock ownership plan achieved its performance targets for the third lock-up period, which will expire on September 27, 2025[21]. Operational Highlights - The inventory increased by 30.13% to CNY 111,183,345.38, driven by increased stocking for operational needs[10]. - Short-term borrowings rose by 198.65% to CNY 150,103,666.71, reflecting new bank loans required for operational turnover[10]. - The company focused on optimizing resource allocation and enhancing solutions for high-demand sectors in manufacturing[25]. - The Southeast Asia region continued to show high growth in revenue, driven by improved local service capabilities and partnerships[25]. Research and Development - In the R&D design sector, revenue was CNY 9,062.60 million, a year-on-year growth of 7.39%[28]. - The digital management segment generated CNY 87,692.86 million, with a growth rate of 2.88% compared to the previous year[28]. - The production control business saw revenue of CNY 24,655.69 million, reflecting a 13.28% increase year-on-year[28]. - The AIoT segment reported a revenue decline of 3.50%, totaling CNY 38,957.41 million[28]. - The company has integrated AI applications into ERP, PLM, and BI systems, completing several Beta version validations in mainland China[26]. - The company is focusing on high-margin device cloud industrial APP products in the AIoT field and optimizing its business structure[26]. - The company plans to enhance the integration of AI technology with its industrial software product matrix and innovate application scenarios in Q4[27]. Financial Management - Research and development expenses decreased to ¥129,186,267.06 from ¥144,184,732.94, showing a reduction of approximately 10.4%[35]. - The total operating costs increased to ¥1,509,648,417.47 from ¥1,478,524,123.16, reflecting an increase of about 2.0%[35]. - The company’s financial expenses showed a net income of -¥6,909,871.13, compared to -¥5,437,273.95 in the previous period, indicating a higher cost of financing[35]. - The basic and diluted earnings per share remained stable at ¥0.19 for both periods[36].

无锡先导智能装备股份有限公司 2025 年第三季度报告 证券代码：300450 证券简称：先导智能 公告编号：2025-060 无锡先导智能装备股份有限公司 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 - 无锡先导智能装备股份有限公司 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） | 3,828,113,391 ...

中国核能电力股份有限公司2025年第三季度报告 证券代码：601985 证券简称：中国核电 中国核能电力股份有限公司 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 注："本报告期"指本季度初至本季度末 3 个月期间，下同。 （二） 非经常性损益项目和金额 √适用 □不适用 单位:元 币种:人民币 | 非经常性损益项目 | 本期金额 | 年初至报告期末金额 | 说明 | | --- | --- | --- | --- | | 非流动性资产处置损益，包括已计提资产 | 1,521,679.32 | -2,330,308.85 | | | ...

佛山佛塑科技集团股份有限公司 2025 年第三季度报告 证券代码：000973 证券简称：佛塑科技 公告编号：2025-72 佛山佛塑科技集团股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）声明：保证季度报告中财务信息的真实、准 确、完整。 3.第三季度财务会计报告是否经过审计 □是 √否 4.审计师发表非标意见的事项 □适用 √不适用 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 | 年初至报告期末 | 年初至报告期末比 | | | --- | --- | --- | --- | --- | --- | | | | 上年同期增减 | | 上年同期增减 | | | 营业收入（元） | 583,941,421.61 | 2. ...

Financial Performance - The company's revenue for Q3 2025 reached ¥740,006,615.79, an increase of 18.43% compared to the same period last year[5] - Net profit attributable to shareholders was ¥36,211,036.48, a significant increase of 362.41% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥30,356,004.13, up 735.73% from the previous year[5] - Basic and diluted earnings per share were both ¥0.19, reflecting a growth of 216.67% year-on-year[5] - For the first three quarters of 2025, the company achieved operating revenue of CNY 246,434.38 million, a year-on-year increase of 15.65%[12] - The net profit attributable to shareholders for the same period was CNY 24,912.05 million, reflecting a significant year-on-year increase of 92.48%[12] - Total operating revenue for the current period reached ¥2,464,343,777.17, an increase of 15.7% compared to ¥2,130,875,618.85 in the previous period[23] - Operating profit for the current period was ¥300,754,298.23, compared to ¥163,976,171.06 in the previous period, indicating a significant increase of 83.3%[23] - The total profit for the current period is 249,120,508.25, compared to 129,429,837.86 in the previous period, representing an increase of approximately 92.5%[24] - The basic and diluted earnings per share for the current period are both 1.27, up from 0.92 in the previous period, reflecting an increase of approximately 38.0%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,418,127,128.52, representing a 29.52% increase from the end of the previous year[5] - Total assets rose to ¥2,418,127,128.52, up from ¥1,866,997,188.81, marking an increase of 29.5%[21] - Total liabilities increased to ¥2,021,018,623.82 from ¥1,579,022,735.96, reflecting a growth of 28.0%[20] - The company's equity attributable to shareholders increased by 37.90% to ¥397,108,504.70 compared to the end of the previous year[5] - Total equity attributable to shareholders reached ¥397,108,504.70, compared to ¥287,974,452.85, an increase of 38.0%[21] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥651,643,535.89, down 27.00% compared to the same period last year[9] - The net cash flow from operating activities is 651,643,535.89, down from 892,676,267.40 in the previous period, indicating a decrease of about 27%[25] - The cash inflow from investment activities is 2,159,890,236.53, compared to 1,912,303,337.07 in the previous period, showing an increase of approximately 12.9%[25] - The net cash flow from financing activities is -224,348,831.67, worsening from -175,362,476.05 in the previous period[26] - The total cash and cash equivalents at the end of the period amount to 411,993,889.22, compared to 381,324,959.90 at the end of the previous period, an increase of about 8.0%[26] Research and Development - Research and development expenses increased by 160.41% year-on-year, totaling ¥145,147,765.28, due to an increase in R&D personnel and employee costs[8] - Research and development expenses surged to ¥145,147,765.28, up from ¥55,738,255.36, indicating a growth of 160.0%[23] Shareholder Information - The company has 6,351 common shareholders at the end of the reporting period[10] - The largest shareholder, Tianjin Huatu Hongyang Enterprise Management Co., Ltd., holds 51.00% of the shares, with 71,678,760 shares pledged[10] - The company repurchased a total of 3,815,563 shares, accounting for 1.94% of the total share capital, with a total transaction amount of CNY 260,232,397.93[13][14] - The maximum and minimum repurchase prices were CNY 73.00 and CNY 63.91 per share, respectively[13] - The 2025 employee stock ownership plan involved 221 participants, with a total subscription amount of CNY 121,106,000[16] - The company adjusted the grant price of the 2025 restricted stock incentive plan from CNY 45.91 to CNY 32.76 per share[15] - The total number of restricted stocks to be granted was adjusted from 272.27 million shares to 381.178 million shares[15] Other Information - The company reported a significant increase in asset disposal gains, amounting to ¥11,043,051.88, a rise of 3191.37% compared to the previous year[8] - The company experienced a 180.29% increase in taxes payable, totaling ¥53,510,955.87, driven by profit growth[8] - Inventory decreased to ¥16,871,110.19 from ¥23,608,442.90, a decline of 28.6%[20] - Short-term borrowings were not reported, indicating a potential focus on maintaining liquidity[20] - The company has not executed any mergers or acquisitions during the reporting period[27] - The financial report for the third quarter has not been audited[27]

中公高科养护科技股份有限公司 2025 年第三季度报告 证券代码：603860 证券简称：中公高科 中公高科养护科技股份有限公司 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、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 | | --- | --- | --- | --- | --- | | | | 本报告期 | | 年初至报告期 | | 项目 | 本报告期 | 比上年同 | 年初至报告 | 末比上年同期 | | | | 期增减变 | 期末 | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 30,444,06 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥97,374.41 million, an increase of 19.09% compared to the same period last year[4] - The net profit attributable to shareholders was ¥1,906.47 million, representing a significant increase of 52.34% year-on-year[4] - The total profit for the period was reported at -¥2,451.50 million, with no applicable year-on-year comparison due to the nature of the loss[4] - The company achieved a turnaround in net profit for the third quarter, reporting ¥1,906.47 million compared to a loss of ¥4,598.94 million in the previous quarter[8] - The net profit attributable to shareholders was a loss of CNY 10,796.05 million, an increase in loss of CNY 5,361.85 million year-on-year[14] - Net profit for the first three quarters of 2025 was a loss of ¥143,429,335.68, compared to a loss of ¥128,914,011.21 in the same period of 2024[22] - The company reported a net loss attributable to the parent company of ¥107,960,515.10 for the current period, compared to a loss of ¥54,341,985.28 in the previous year[23] - Basic and diluted earnings per share were both -¥0.16, worsening from -¥0.08 in the same period last year[23] Revenue and Sales - The company achieved operating revenue of CNY 263,952.59 million, a year-on-year increase of 15.94%[14] - Revenue from semiconductor silicon wafers reached CNY 197,596.99 million, up 19.66% year-on-year, with a sales volume of 1,453.39 million 6-inch equivalent wafers, a 32.54% increase[14] - Sales of 12-inch silicon wafers were 127.79 million pieces, representing a 69.70% increase year-on-year[14] - Revenue from semiconductor power device chips was CNY 63,412.21 million, a slight decline of 0.86% year-on-year, with sales volume of 144.15 million pieces, up 10.21%[14] - Revenue from compound semiconductor RF and optoelectronic chips was CNY 21,443.83 million, a 6.19% increase year-on-year, despite a 7.86% decrease in sales volume[15] - The average selling price of products increased by 15.25% year-on-year, despite a reduction in sales volume due to adjustments in product sales structure[15] Costs and Expenses - Total operating costs increased to ¥2,882,632,784.22, up 17.1% from ¥2,459,823,397.02 year-over-year[21] - The company recorded depreciation and amortization expenses of CNY 82,116.75 million, an increase of CNY 12,672.15 million year-on-year[15] - Research and development expenses for the first three quarters of 2025 were ¥193,390,181.05, a decrease of 5.2% from ¥203,992,519.05 in 2024[21] - The company reported an increase in financial expenses to ¥211,666,383.33, up from ¥169,255,354.50, indicating a rise of 25.1%[21] Cash Flow and Assets - The cash flow from operating activities for the year-to-date period was ¥56,559.01 million, showing a decrease of 11.81% compared to the previous year[5] - The company's total assets at the end of the reporting period were ¥1,935,412.07 million, reflecting a slight increase of 0.16% from the end of the previous year[5] - The company's total assets amounted to ¥19,354,120,724.60, slightly up from ¥19,322,830,492.45 in the previous year[20] - The company's cash and cash equivalents were not explicitly detailed, but total current assets reached ¥5,553,637,652.10, up from ¥5,371,465,585.50[20] - Cash and cash equivalents at the end of the period amounted to ¥2,103,077,609.13, an increase from ¥1,902,321,026.71 at the end of the same period last year[28] - The company experienced a net increase in cash and cash equivalents of ¥100,109,176.93, contrasting with a decrease of ¥293,061,180.89 in the previous year[28] Liabilities and Equity - Total liabilities increased to ¥11,163,804,716.51 from ¥10,989,067,038.38, reflecting a growth of 1.6%[19] - The company's long-term borrowings decreased to ¥2,005,080,485.81 from ¥2,274,935,485.81, a reduction of 11.8%[19] - The total equity attributable to shareholders decreased to ¥7,233,616,638.57 from ¥7,337,730,930.43, a decline of 1.4%[20] Cash Flow Activities - Net cash flow from operating activities was ¥565,590,130.45, down 11.83% from ¥641,346,855.79 in the previous year[26] - Total cash inflow from financing activities was ¥1,850,000,000.00, slightly up from ¥1,815,062,659.81 in the previous year[28] - Net cash flow from investing activities was -¥646,399,136.75, an improvement from -¥1,752,557,242.91 in the same period last year[26] - The total cash outflow for operating activities was ¥2,141,414,955.42, compared to ¥1,773,033,508.80 in the same period last year[26] - The company did not report any net profit from subsidiaries prior to consolidation, maintaining a consistent performance in this area[23]

Financial Performance - The company's operating revenue for the third quarter reached ¥376,780,219.70, representing a year-on-year increase of 94.87%[5] - The net profit attributable to shareholders was ¥5,282,105.07, a significant increase of 107.59% compared to the same period last year[5] - The basic earnings per share were ¥0.01, reflecting an increase of 108.11% year-on-year[5] - The company's revenue for the year-to-date period was ¥928,656,487.73, reflecting a 36.16% increase compared to the same period last year[11] - Total operating revenue for the current period reached ¥928,656,487.73, a significant increase from ¥682,024,221.17 in the previous period, representing a growth of approximately 36.2%[27] - The company reported a net loss of ¥88,129,523.65 for the current period, compared to a net loss of ¥145,597,311.36 in the previous period, representing a 39.5% improvement in net loss year-over-year[28] - The total comprehensive income for the current period was -¥72,908,161.60, compared to -¥145,595,754.68 in the previous period, indicating a 50% reduction in comprehensive loss[28] Cash Flow and Assets - The company reported a net cash flow from operating activities of -¥127,788,342.03, indicating a substantial decline of 1,969.65% year-to-date[5] - Cash and cash equivalents decreased significantly from ¥627,730,782.83 to ¥401,014,143.15, a drop of approximately 36.1%[25] - Cash and cash equivalents at the end of the period stood at ¥401,002,636.08, down from ¥527,878,156.98, representing a decrease of approximately 24%[30] - The total current assets decreased to ¥2,670,038,946.39 from ¥2,805,604,440.14, a decline of approximately 4.8%[25] - The total non-current assets increased to ¥1,705,737,869.96 from ¥1,476,502,530.70, showing a growth of about 15.5%[25] - Total liabilities rose to ¥1,812,081,262.24 from ¥1,645,053,066.13, an increase of approximately 10.2%[25] - The total equity attributable to shareholders decreased to ¥2,386,833,733.54 from ¥2,461,468,755.95, reflecting a decline of about 3.0%[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 25,603[13] - The largest shareholder, Wang Bin, holds 19.35% of shares, totaling 104,957,909 shares[13] - The top 10 shareholders hold a combined total of 186,000,000 shares, representing a significant portion of the company's equity[14] - The total number of shares held by the top 10 unrestricted shareholders is 104,000,000 shares[14] - The company has no preferred shareholders or related party transactions among the top shareholders[15] Operating Costs and Expenses - Operating costs increased by 41.01% year-on-year, totaling ¥556,819,981.38, driven by higher revenue[11] - Total operating costs increased to ¥1,019,409,866.18 from ¥834,692,747.96, reflecting a rise of about 22.1%[27] - The company incurred total operating expenses of ¥943,892,404.55, which is an increase from ¥852,270,933.75 in the previous period, reflecting a rise of about 10.8%[29] - Financial expenses rose by 50.87% to ¥26,167,826.17, attributed to increased loan scales and interest expenses[11] Research and Development - Research and development expenses amounted to ¥296,973,677.27, slightly up from ¥293,150,744.86, indicating a focus on innovation[27] - The company has decided to postpone the "R&D Center Construction Project" completion date to April 2026 due to macroeconomic and market conditions[20] - The company maintains that the postponed R&D project still aligns with its strategic planning and remains necessary and feasible[20] - The company has approved a new stock incentive plan and employee stock ownership plan for 2025[18] Investment Activities - The company generated cash inflows from investment activities totaling ¥444,103,459.15, compared to ¥430,188,974.32 in the previous period, showing a slight increase of 3.2%[30] - The company reported a net investment income of ¥1,850,732.35, down from ¥3,103,347.52, reflecting a decrease of approximately 40.3%[27] Financial Management - The company emphasizes strict management and efficient use of raised funds to mitigate investment risks[20] - The company’s total liabilities increased, impacting its financial leverage and cash flow management strategies moving forward[31]