Financial Performance - Q3 2025 revenue was CNY 497,754,348.82, a decrease of 22.78% year-over-year[4] - Net profit attributable to shareholders was a loss of CNY 138,682,490.13, down 123.34% compared to the same period last year[4] - The company achieved operating revenue of CNY 1,933.88 million, a decrease of 5.90% compared to the same period last year[14] - The net profit attributable to shareholders was CNY -180.12 million, a decline of 113.45% year-on-year, primarily due to high product homogeneity and intensified market competition[14] - Net loss for the period was CNY 254,891,246.58, compared to a net loss of CNY 119,268,802.60 in the previous period, indicating a significant increase in losses[21] - Basic and diluted earnings per share were both reported at -0.1900, compared to -0.0890 in the previous period, indicating a worsening of earnings per share[21] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was CNY -198,861,807.39, an improvement of 20.53% from the previous year[4] - The net cash flow from operating activities was -198,861,807.39, compared to -250,250,503.64 in the previous period, indicating an improvement of approximately 20.5%[23] - Total cash inflow from investment activities was 291,524,634.65, while cash outflow was 312,849,843.01, resulting in a net cash flow of -21,325,208.36, an improvement from -224,487,961.08 in the previous period[23] - Cash inflow from financing activities totaled 1,580,081,153.00, while cash outflow was 1,639,049,006.32, leading to a net cash flow of -58,967,853.32, a decline from 602,729,125.14 in the previous period[23] - The total cash and cash equivalents at the end of the period was 1,292,185,780.71, down from 1,610,507,686.54 in the previous period, reflecting a decrease of approximately 19.7%[23] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 7,537,006,748.55, a decrease of 1.51% from the end of the previous year[4] - The company's equity attributable to shareholders decreased by 11.51% to CNY 1,742,228,259.35 compared to the end of the previous year[4] - Total non-current assets increased to CNY 2,020,072,396.79 from CNY 1,738,583,685.62, reflecting a growth of approximately 16.2%[19] - Total liabilities increased to CNY 5,225,398,742.37 from CNY 5,030,356,423.14, representing an increase of about 3.9% year-over-year[19] - The company's total assets decreased slightly to CNY 7,537,006,748.55 from CNY 7,652,407,216.86, a decline of approximately 1.5%[19] Income and Expenses - Other income increased by 86.31% to CNY 44,653,481.62 year-to-date, primarily due to increased government subsidies[9] - Investment income surged by 1961.57% to CNY 14,677,541.09, attributed to interest income from the transfer of large certificates of deposit[9] - Research and development expenses rose to CNY 74,410,679.70 from CNY 61,511,504.86, marking an increase of approximately 21% year-over-year[20] - Total operating costs increased to CNY 2,224,819,260.49 from CNY 2,172,377,628.50, reflecting an increase of about 2.4% year-over-year[20] Shareholder Information - The total number of common shareholders at the end of the reporting period was 44,749, with the largest shareholder, China Seed Group Co., Ltd., holding 20.51% of shares[10] - The company plans to distribute a cash dividend of CNY 0.5 per 10 shares, totaling CNY 47.37 million, based on the total issued share capital of 947,331,751 shares as of December 31, 2024[14] - The company’s total number of preferred shareholders was zero, indicating no preferred shares outstanding[12] Inventory and Receivables - The inventory balance increased to CNY 3,044.98 million from CNY 2,988.86 million at the beginning of the period[17] - The company’s long-term receivables rose to CNY 173.24 million from CNY 167.63 million at the beginning of the period[17] - The company’s total current assets decreased from CNY 5,913.82 million to CNY 5,516.93 million[17]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥167,280,121.94, representing a 36.23% increase year-over-year[5] - The net profit attributable to shareholders was a loss of ¥4,159,436.87, a 72.00% decline compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥14,325,005.80, which is a slight increase of 0.83% year-over-year[5] - The total operating revenue for the current period reached ¥391,109,447.18, representing an increase from ¥366,613,132.62 in the previous period, indicating a growth of approximately 6.5%[26] - Net profit attributable to shareholders was -¥5,060,338.70, compared to -¥31,806,581.76 in the previous period[28] - Total comprehensive income amounted to -¥5,476,154.70, compared to -¥34,207,259.51 in the previous period[28] - Basic and diluted earnings per share were both -¥0.01, compared to -¥0.07 in the previous period[28] Assets and Liabilities - The total assets at the end of the reporting period were ¥566,769,737.92, showing a decrease of 0.12% from the end of the previous year[5] - The total current assets amounted to ¥270,041,383.67, up from ¥250,061,065.81 at the beginning of the period, reflecting an increase of about 8.0%[24] - The total liabilities increased to ¥351,609,783.77 from ¥346,807,161.38, showing a rise of approximately 1.0%[25] - The non-current assets decreased to ¥296,728,354.25 from ¥317,382,204.42, indicating a decline of about 6.5%[24] - The total owner's equity decreased to ¥215,159,954.15 from ¥220,636,108.85, reflecting a decline of approximately 2.1%[25] - The short-term borrowings amounted to ¥126,061,805.55, indicating a new liability for the company[25] Cash Flow - The cash flow from operating activities showed a significant negative net amount of ¥112,001,379.04, a decline of 534.46% compared to the previous year[5] - Operating cash flow generated a net outflow of -¥112,001,379.04, a significant decline from a net inflow of ¥25,779,179.25 in the previous period[30] - Cash inflow from financing activities rose significantly by 514.96% to CNY 84,046,788.12, mainly due to increased bank borrowings[14] - Cash received from government subsidies and litigation compensation increased by 156.69% to CNY 62,017,884.16 compared to the previous period[14] - Cash outflow for purchasing goods and services increased by 47.06% to CNY 242,503,251.65, reflecting business growth[14] - Cash and cash equivalents decreased by 341.39% to CNY -31,772,602.54, mainly due to increased payments for fire compensation[14] Expenses and Income - The company reported a significant increase in other income to ¥19,377,603.96 from ¥4,381,262.11[27] - Total operating costs increased to ¥434,675,813.96 from ¥420,650,487.31, with operating costs rising to ¥341,912,984.23 from ¥297,829,774.80[27] - Research and development expenses slightly increased to ¥6,538,343.05 from ¥6,399,515.36[27] - The company incurred a credit impairment loss of ¥1,309,686.92, up from ¥475,016.38 in the previous period[27] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 27,502[16] - The largest shareholder, Dahe Holdings Co., Ltd., holds 21.08% of shares, totaling 117,721,779 shares[16] Other Financial Metrics - The cash received from tax refunds decreased by 83.32% to ¥14,700.35, mainly due to a reduction in export tax rebates[12] - The company reported a 627.20% increase in prepayments, amounting to ¥38,089,587.75, due to new business prepayments[10] - The financial expenses decreased by 70.13% to ¥7,866,074.43, primarily due to reduced interest expenses[11] - The company recorded a significant increase in asset disposal gains of 217.50%, totaling ¥1,078,363.95[11] - Cash inflow from investment activities decreased by 99.44% to CNY 85,594.86, primarily due to no dividends received from associated companies[14] - Cash flow from investment activities turned negative at CNY -3,928,352.16, a decline of 151.54% compared to the previous period[14]

Financial Performance - The company's operating revenue for Q3 2025 was ¥67,558,925.95, representing a year-on-year increase of 0.82%[5] - The net profit attributable to shareholders for Q3 2025 was ¥4,844,846.23, a decrease of 3.30% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥1,759,117.97, down 38.24% year-on-year[5] - Total operating revenue for the current period reached ¥213,146,740.43, an increase of 10.5% compared to ¥192,712,180.63 in the previous period[18] - Total operating costs amounted to ¥199,409,193.70, up from ¥181,209,296.56, reflecting a growth of 10.0%[18] - Operating profit for the current period was ¥26,288,872.23, compared to ¥22,546,183.31 in the previous period, indicating a growth of 16.2%[19] - Net profit for the current period increased to ¥21,629,556.56, up from ¥19,063,894.26, representing a growth of 13.4%[20] - Basic earnings per share rose to ¥0.55 from ¥0.48, reflecting an increase of 14.6%[20] Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date was -¥1,156,452.15, an improvement of 79.65% year-on-year[5] - Cash generated from operating activities was ¥299,085,276.79, compared to ¥234,467,911.61 in the previous period, marking a growth of 27.5%[21] - The net cash flow from operating activities was -1,156,452.15, an improvement from -5,681,534.04 in the previous period[22] - Cash inflow from investment activities totaled 1,484,553,285.95, compared to 1,438,428,456.65 previously, resulting in a net cash flow of 68,305,873.13 from investment activities[22] - The net cash flow from financing activities was 10,751,887.49, a significant recovery from -15,876,247.06 in the prior period[22] - The company received tax refunds totaling 310,653.03 and other cash related to operating activities amounting to 8,260,473.01[22] - Cash outflows for operating activities were 308,812,854.98, compared to 245,665,512.66 in the previous period[22] - The company paid 10,007,380.54 in taxes, an increase from 4,866,439.52 in the prior period[22] Assets and Liabilities - The total assets at the end of Q3 2025 were ¥933,409,733.59, a decrease of 5.04% from the end of the previous year[5] - Total current assets reached ¥865,385,952.61, up from ¥827,976,101.93, indicating an increase of about 4.1%[16] - The total assets of the company decreased to ¥933,409,733.59 from ¥982,900,284.66, reflecting a decline of approximately 5.0%[16] - Total liabilities decreased to ¥104,491,356.71 from ¥170,616,260.02, a reduction of 38.7%[18] - Total equity increased to ¥828,918,376.88 from ¥812,284,024.64, showing a growth of 2.1%[18] - Deferred income tax liabilities decreased to ¥3,588,184.49 from ¥5,243,414.49, a reduction of 31.5%[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,406, with no preferred shareholders having restored voting rights[13] - The largest shareholder, Li Yong, holds 24.50% of the shares, amounting to 9,799,444 shares, with 7,349,583 shares under lock-up[13] - The total number of restricted shares at the end of the period is 9,569,703, with 14,253,376 shares initially restricted[14] - The company has no preferred shareholders or changes in the number of preferred shareholders reported[14] - The company has not disclosed any significant changes in the top 10 shareholders' participation in margin financing or securities lending[13] - There are no known relationships or concerted actions among other shareholders beyond those disclosed[13] Accounts Receivable and Payable - The company experienced a 62.37% decrease in accounts receivable, totaling ¥34,541,406.43, primarily due to a high base from the previous year's fourth quarter[10] - The company reported a significant decrease in accounts payable, which fell to ¥48,282,533.92 from ¥99,466,375.46, a reduction of about 51.4%[16] Research and Development - Research and development expenses were ¥6,944,084.68, down from ¥8,874,175.57, a decrease of 21.8%[19] Cash and Cash Equivalents - The company reported a significant increase in cash and cash equivalents, with a 191.56% rise in monetary funds to ¥108,063,010.17[10] - The company's cash and cash equivalents increased to ¥108,063,010.17 from ¥37,063,958.34, representing a growth of approximately 191.5%[15] - The total cash and cash equivalents at the end of the period amounted to 107,852,863.29, down from 112,592,464.56 at the beginning of the period[23]

Financial Performance - The company's revenue for Q3 2025 was ¥156,775,804.15, representing a decrease of 9.58% compared to the same period last year[5] - The net profit attributable to shareholders was -¥56,871,084.12, a decline of 7.29% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥58,091,998.04, an increase of 34.86%[5] - The basic earnings per share for the period was -¥0.0568, a decrease of 9.44% compared to the same period last year[5] - The weighted average return on equity was -3.80%, a decrease of 1.09% year-on-year[5] - Total operating revenue decreased to ¥667,347,217.96 from ¥730,487,625.98, representing a decline of approximately 8.6% year-over-year[23] - The company's net loss increased to ¥-3,005,092,693.61 from ¥-2,906,212,586.08, representing a worsening of approximately 3.4% in retained earnings[21] - The net profit for the current period is -88,427,557.36, compared to -66,402,068.05 in the previous period, indicating a significant increase in losses[24] - The total comprehensive income for the current period is -88,462,345.03, compared to -66,658,280.08 in the previous period, reflecting a worsening financial position[25] - The company reported a basic and diluted earnings per share of -0.0968, compared to -0.0804 in the previous period, showing a decline in profitability per share[25] - The company incurred a total operating profit (loss) of -83,396,311.34, compared to -57,842,954.06 in the previous period, reflecting increased operational losses[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,871,137,590.79, down 6.09% from the end of the previous year[5] - The company’s total equity attributable to shareholders decreased by 6.15% to ¥1,471,042,761.88 compared to the end of the previous year[5] - Total current assets decreased to ¥2,554,318,537.21 from ¥2,756,362,415.57, a decline of approximately 7.3%[19] - Total liabilities decreased to ¥3,219,936,810.92 from ¥3,435,480,366.06, reflecting a reduction of about 6.3%[21] - The company's total liabilities increased significantly, with cash outflows from financing activities totaling 1,699,635,245.04, compared to 2,258,693,876.87 in the previous period, reflecting increased debt obligations[27] Income and Expenses - The company reported a significant increase in other income, which rose by 59.36% to ¥14,319,882.78 due to increased government subsidies[9] - Investment income decreased by 86.23% to ¥4,536,330.94, primarily due to the high disposal gains from subsidiaries in the previous year[9] - The company experienced a 477.08% increase in credit impairment losses, amounting to ¥22,526,552.43, due to the recovery of previously impaired receivables[11] - Total operating costs decreased to ¥794,302,643.02 from ¥829,208,886.89, reflecting a reduction of about 4.2% year-over-year[23] - Research and development expenses were ¥45,207,269.62, down from ¥49,381,987.88, indicating a decrease of approximately 8.8% year-over-year[23] - Financial expenses decreased to ¥101,160,660.80 from ¥110,256,316.89, a reduction of about 8.5% year-over-year[23] Cash Flow - The cash flow from operating activities showed a significant negative net amount of -¥121,948,373.24, reflecting a decline of 1,268.59%[5] - The net cash flow from operating activities is -121,948,373.24, a decline from 10,435,552.12 in the previous period, highlighting operational challenges[27] - Cash inflow from operating activities totaled 637,037,253.95, down from 866,921,820.39 in the previous period, indicating reduced sales performance[26] - The investment activities generated a net cash flow of -33,189,222.35, a decrease from 46,760,979.11 in the previous period, indicating reduced investment returns[27] - Cash and cash equivalents at the end of the period were ¥262,473,897.83, down from ¥318,919,711.47, a decrease of approximately 17.7%[19] - Cash and cash equivalents at the end of the period decreased to 25,413,252.46 from 71,580,854.50 in the previous period, indicating liquidity issues[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 81,817[13] - Hunan Haifei Holdings holds 8.63% of shares, totaling 88,188,561 shares, with 87,833,980 shares pledged[13] - The second largest shareholder, Sunbird Holdings, holds 8.22% of shares, totaling 84,000,000 shares[14] - The total shares held by the top two shareholders combined is 172,188,561, representing 16.85% of the total share capital[14] - Li Yuexian, a natural person, holds 2.60% of shares, totaling 19,954,080 shares, with 26,000,000 shares pledged[13] - The company has a total of 21,460,305 restricted shares, with 45,000 shares released during the period[17] - The company has a high concentration of ownership among the top shareholders, with the top 10 shareholders holding significant stakes[14] - The company has not disclosed any changes in the shareholding structure of the top 10 shareholders due to margin trading[14] - The company has a strategy to gradually release restricted shares, with 25% of restricted shares eligible for release each year[16] - There are no significant changes in the number of preferred shareholders or their holdings during the reporting period[15]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥198,744,022.92, an increase of 13.85% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2025 was ¥8,894,667.91, reflecting a growth of 14.94% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,382,260.65, up 51.94% from the previous year[5] - The basic earnings per share for Q3 2025 was ¥0.0187, an increase of 14.72% compared to the same period last year[5] - The company reported a net profit margin improvement, with net profit increasing in line with revenue growth, although specific figures were not disclosed in the provided content[28] - The company's net profit for the current period is CNY 15,250,775.12, a decrease of 17.3% compared to CNY 18,535,451.71 in the previous period[29] - Operating profit for the current period is CNY 21,938,464.81, slightly up from CNY 21,482,224.64 in the previous period[29] - The total comprehensive income for the current period is CNY 15,096,431.61, a decrease from CNY 18,535,451.71 in the previous period[30] Assets and Liabilities - Total assets at the end of Q3 2025 amounted to ¥1,425,813,202.97, a slight increase of 0.61% from the end of the previous year[5] - Total assets increased to ¥1,425,813,202.97 from ¥1,417,117,720.04, a growth of 0.6%[26] - Total liabilities slightly increased to ¥555,180,387.70 from ¥552,562,605.15, reflecting a rise of 0.5%[26] - Shareholders' equity totaled ¥870,632,815.27, up from ¥864,555,114.89, indicating an increase of 0.9%[26] Cash Flow - The company's cash flow from operating activities showed a significant decline, with a net outflow of ¥51,640,824.14, down 179.71% year-on-year[5] - Operating cash flow for the first nine months of 2025 was -51,640,824.14, a decrease of 179.71% compared to 64,784,674.08 in the same period of 2024, primarily due to increased cash purchases of raw materials[15] - Investment cash flow for the first nine months of 2025 was -6,838,240.81, a significant improvement of 96.84% from -216,503,767.32 in the same period of 2024, attributed to the absence of external investments this period[15] - Financing cash flow for the first nine months of 2025 was -55,424,300.65, a decline of 236.03% compared to 40,744,253.38 in the same period of 2024, mainly due to the lack of financing leases this period[15] - The company reported a net cash outflow from investing activities of CNY -6,838,240.81, an improvement from CNY -216,503,767.32 in the previous period[34] Shareholder Information - The total number of common shareholders at the end of the reporting period was 18,592, with no preferred shareholders having restored voting rights[17] - The largest shareholder, Hainan Dahe Enterprise Management Co., Ltd., holds 14.80% of shares, totaling 70,352,740 shares, which are currently frozen[17] - The second-largest shareholder, Wu Guozheng, holds 3.55% of shares, totaling 16,861,926 shares, with no restrictions[18] - The total number of restricted shares at the beginning of the period was 352,500, with 3,088,700 shares added during the period, resulting in a total of 3,441,200 restricted shares at the end[21] - The company has not disclosed any relationships or concerted actions among the top shareholders during the reporting period[19] - No shareholders with more than 5% ownership participated in margin financing or securities lending activities[19] - The company has not reported any changes in the top 10 shareholders due to securities lending or returning shares[19] Operational Costs - Total operating costs amounted to ¥537,749,194.56, up 8.4% from ¥496,128,221.52 in the prior period[28] - Operating costs included ¥391,569,756.92 for cost of goods sold, which rose by 9.5% from ¥357,545,731.88[28] - The company’s total expenses for sales, management, and R&D increased to CNY 137,391,706.70, up from CNY 130,343,647.15 in the previous period[29] Investment and Income - Investment income for the first nine months of 2025 was ¥3,924,619.99, a significant increase of 520.24% compared to the same period last year[13] - The company incurred a credit impairment loss of ¥-14,658,309.38, reflecting a 683.79% increase due to higher provisions for bad debts[14] - The company incurred a credit impairment loss of CNY -14,658,309.38, compared to CNY -1,870,173.94 in the previous period[29] - The company received CNY 222,000,000.00 from the recovery of investments, down from CNY 265,619,599.27 in the previous period[34] Cash and Equivalents - Cash and cash equivalents decreased to ¥60,161,489.45 from ¥174,064,855.46, reflecting a decline of 65.4%[24] - Cash and cash equivalents at the end of the period stand at CNY 60,161,489.45, down from CNY 85,001,347.11 in the previous period[34] - The company experienced a 65.44% decrease in cash and cash equivalents, totaling ¥60,161,489.45, attributed to strategic reserves and reduced bank credit usage[12] Accounts Receivable and Inventory - Accounts receivable increased to ¥297,607,609.60 from ¥294,924,720.30, showing a slight rise of 0.9%[24] - Inventory rose to ¥96,584,631.80, up 13.1% from ¥85,425,888.56[24]

证券代码：300870 证券简称：欧陆通 公告编号：2025-076 深圳欧陆通电子股份有限公司 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。 深圳欧陆通电子股份有限公司 2025 年第三季度报告 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 ☑否 1 深圳欧陆通电子股份有限公司 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 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | 营业收入（元） | 1,266,700,592.47 | 19.00% ...

Revenue and Profitability - The company's revenue for Q3 2025 reached ¥625,731,877.33, representing a 49.59% increase year-over-year[5] - Net profit attributable to shareholders surged to ¥27,130,674.71, a remarkable increase of 3,066.26% compared to the same period last year[5] - The basic earnings per share (EPS) for the quarter was ¥0.29, reflecting a 3,039.24% increase year-over-year[5] - The company reported a 76.34% increase in revenue for the first nine months of 2025, totaling ¥1,640,942,207.63, driven by increased sales volume[8] - Total operating revenue for the current period reached ¥1,640,942,207.63, a significant increase from ¥930,560,914.95 in the previous period, representing an increase of approximately 76.3%[2] - Net profit for the current period was ¥60,335,378.71, a turnaround from a net loss of ¥5,375,646.77 in the previous period[2] - The company reported a comprehensive income total of ¥59,850,164.53, compared to a comprehensive loss of ¥5,806,948.28 in the prior period[3] - Basic and diluted earnings per share for the current period were both ¥0.65, compared to a loss of ¥0.06 per share in the previous period[3] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥2,793,270,496.25, marking an 11.42% increase from the end of the previous year[5] - Total current assets amount to ¥2,245,490,699.06, an increase from ¥1,988,815,479.72 at the beginning of the period[15] - Total assets reached ¥2,793,270,496.25, up from ¥2,507,064,527.53, indicating an increase of approximately 11.4%[15] - The total liabilities increased to ¥1,670,314,038.81 from ¥1,443,958,234.62, indicating a growth of approximately 15.7%[1] - Total equity attributable to shareholders of the parent company rose to ¥1,122,956,457.44 from ¥1,063,106,292.91, marking an increase of about 5.6%[1] Cash Flow - The company's operating cash flow net amount was -¥277,169,397.63, a decline of 329.58% compared to the same period last year[8] - Cash generated from operating activities was ¥1,027,055,464.71, an increase from ¥941,055,939.36 in the previous period[4] - Total cash outflow from operating activities was $1,310,448,608.63, compared to $1,022,473,192.66 previously, resulting in a net cash flow from operating activities of -$277,169,397.63[20] - Cash inflow from investment activities amounted to $1,368,064,295.92, up from $725,798,525.01[20] - Cash outflow from investment activities was $1,422,262,566.01, compared to $928,566,454.36, leading to a net cash flow from investment activities of -$54,198,270.09[20] - Cash inflow from financing activities was $212,483,348.93, down from $242,659,047.33[20] - Cash outflow from financing activities totaled $12,911,848.49, a decrease from $86,057,654.72, resulting in a net cash flow from financing activities of $199,571,500.44[20] - The net increase in cash and cash equivalents was -$131,904,058.51, compared to -$110,766,759.23 in the previous period[20] - The ending balance of cash and cash equivalents was $136,622,667.29, up from $112,021,578.57[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,206[11] - The largest shareholder, Huili Epoxy Resin, holds 43.87% of shares, totaling 40,481,300 shares[11] - The company has a total of 0 preferred shareholders at the end of the reporting period[13] - The top ten shareholders do not have any known relationships or agreements among them[12] Operational Metrics - Accounts receivable increased by 34.72% to ¥1,353,710,843.85, primarily due to increased sales volume during the reporting period[8] - Accounts receivable increased to ¥1,353,710,843.85 from ¥1,004,811,924.62, reflecting a growth of approximately 34.7%[14] - Short-term borrowings rose by 45.38% to ¥258,887,494.82, attributed to higher procurement amounts and increased working capital loans[8] - Short-term borrowings rose to ¥258,887,494.82 from ¥178,072,121.52, an increase of about 45.2%[15] - The company reported an increase in inventory to ¥129,240,791.73 from ¥101,879,248.51, reflecting a growth of approximately 26.5%[15] Financial Expenses - Financial expenses for the first nine months increased by 208.46% to ¥10,227,675.26, mainly due to increased bill discounting and borrowing interest[8] - Financial expenses increased to ¥10,227,675.26 from ¥3,315,723.15, with interest expenses rising to ¥9,847,975.05 from ¥4,944,045.90[2] Other Information - The third quarter financial report was not audited[21] - The company will implement new accounting standards starting in 2025[21]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥149,630,861, representing a year-on-year increase of 0.34% compared to ¥149,131,200 in the same period last year[5]. - The net profit attributable to shareholders for Q3 2025 was ¥63,138,340, a significant increase of 59.16% from ¥39,670,010 in the previous year[5]. - Basic and diluted earnings per share for Q3 2025 were both ¥0.05, reflecting a growth of 66.67% from ¥0.03 in the same period last year[5]. - The net profit for the first three quarters of 2025 was ¥159,930,262.24, an increase of 31.26% compared to the same period last year[9]. - The company reported a 38.71% increase in net profit after deducting non-recurring gains and losses, amounting to ¥134,545,700 for the first three quarters[9]. - Total operating revenue for the current period reached ¥434,508,678.46, an increase of 20.9% compared to ¥359,365,726.30 in the previous period[22]. - Net profit for the current period was ¥159,930,262.24, representing a 31.2% increase from ¥121,843,241.75 in the previous period[23]. - The total comprehensive income attributable to the parent company reached ¥159,930,262.24, an increase from ¥121,843,241.75 in the previous period, reflecting a growth of approximately 31.2%[24]. - Basic and diluted earnings per share improved to ¥0.12, up from ¥0.09, indicating a 33.3% increase[24]. Cash Flow and Assets - The net cash flow from operating activities increased by 73.60%, amounting to ¥162,470,200, compared to ¥93,587,950 in the same period last year[9]. - Net cash flow from operating activities was ¥162,470,279.61, significantly higher than ¥93,587,954.71 in the prior period, representing a growth of 73.5%[25]. - Cash inflow from operating activities totaled ¥466,064,914.45, compared to ¥375,198,004.95 in the previous year, marking an increase of 24.2%[25]. - Cash and cash equivalents dropped significantly to ¥78,327,733.90 from ¥203,480,933.25, a decrease of 61.5%[19]. - The ending balance of cash and cash equivalents decreased to ¥78,325,025.57 from ¥197,673,077.38, a decline of approximately 60.4%[25]. - Current assets totaled ¥816,363,847.90, down 4.6% from ¥855,969,931.11 at the beginning of the period[20]. - Non-current assets slightly increased to ¥2,722,181,044.95 from ¥2,719,606,152.95, a growth of 0.1%[20]. - Total assets at the end of the reporting period were ¥3,538,544,892.85, showing a decrease of 1.04% from the previous year-end[5]. - The total assets decreased to ¥3,538,544,892.85 from ¥3,575,576,084.06, a decline of 1.0%[21]. - Total liabilities decreased to ¥619,226,919.55 from ¥628,539,616.81, a reduction of 1.0%[21]. - The company's equity attributable to shareholders decreased to ¥2,919,317,973.30 from ¥2,947,036,467.25, a decline of 0.9%[21]. Market and Strategic Developments - The company’s market expansion is supported by the gradual release of capacity at the intelligent connected vehicle testing ground in the Yangtze River Delta[9]. - The overall business scale has expanded, driven by the acceleration of new energy vehicle iterations and an increase in market share for its self-owned brands[9]. - The company received government subsidies totaling ¥3,979,818.60 during the reporting period, contributing positively to its financial performance[7]. - Jiangsu Yueda Group plans to reduce its holdings by up to 39.717 million shares, representing 3% of the company's total share capital[13]. - Jiangsu Yueda Group's shareholding decreased from 29.22% to 28.84% after selling 5 million shares[14]. - The company acquired 100% equity of the Automotive Testing Center (Hulunbuir) for a cash consideration of 111.4548 million RMB[15]. - The company completed the registration of the acquisition, making the Automotive Testing Center a wholly-owned subsidiary[15]. - The company issued 1.5 million restricted stock units, increasing total share capital to 1,323,900,000 shares[17]. Investment Activities - Cash outflow from investing activities amounted to ¥1,706,660,622.58, slightly up from ¥1,685,202,336.06, resulting in a net cash flow from investing activities of -¥207,700,907.40[25]. - The company received cash from investment activities totaling ¥1,498,959,715.18, down from ¥1,737,047,240.09, indicating a decrease of 13.7%[25]. - The cash received from sales of goods and services was ¥348,098,060.20, an increase from ¥278,428,949.06, reflecting a growth of 25.0%[25].

Financial Performance - The company's operating revenue for Q3 2025 was ¥65,280,417.65, a decrease of 4.99% compared to the same period last year[5] - Net profit attributable to shareholders was ¥11,847,577.00, down 30.07% year-on-year[5] - The basic earnings per share decreased by 30.03% to ¥0.0608[5] - Total operating revenue for the current period is ¥162,015,314.68, a decrease of 7.1% from ¥174,253,192.23 in the previous period[17] - Net profit for the current period is ¥27,317,923.99, a decline of 25.0% compared to ¥36,378,451.46 in the previous period[18] - Basic earnings per share for the current period is ¥0.1417, down from ¥0.1885 in the previous period[19] - Other comprehensive income after tax for the current period is -¥630,288.05, compared to -¥328,854.33 in the previous period[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥642,409,983.30, a decrease of 0.75% from the end of the previous year[5] - Total assets decreased to ¥642,409,983.30 from ¥647,256,665.56, a reduction of about 0.7%[15] - Total liabilities amount to ¥55,269,614.81, a slight decrease from ¥57,572,344.62[16] - Total current liabilities decreased slightly to ¥53,997,635.29 from ¥54,614,590.47, a decrease of approximately 1.1%[15] - The company reported a total non-current asset value of ¥124,514,024.16, down from ¥128,616,456.74, a decline of about 3.2%[15] - Total liabilities decreased by 15.16% in accounts payable, totaling ¥9,702,667.78, due to increased payments for goods[9] Cash Flow - Cash flow from operating activities for the year-to-date was ¥22,970,455.26, down 32.19% compared to the previous year[10] - Cash inflow from operating activities is ¥191,769,630.20, compared to ¥201,733,304.29 in the previous period[20] - The net cash flow from operating activities was CNY 22,970,455.26, a decrease of 32.3% compared to CNY 33,876,703.42 in the previous period[21] - The net cash flow from investing activities was CNY 53,263,815.42, a significant improvement from a negative cash flow of CNY -37,696,624.41 in the previous period[21] - Cash and cash equivalents increased by CNY 46,410,593.64, compared to a decrease of CNY -55,459,056.94 in the previous period[21] - The company’s cash and cash equivalents at the end of the period totaled CNY 261,347,489.13, compared to CNY 204,421,185.81 at the end of the previous period[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,567[12] - The largest shareholder, Suzhou Zhongjing Zhixin Semiconductor Partnership, holds 29.97% of shares, totaling 58,399,999 shares[12] - The number of shares held by the top 10 shareholders includes significant stakes from natural persons and partnerships, indicating concentrated ownership[12] - The company has not reported any changes in the status of preferred shareholders or any significant changes in restricted shares[13] Research and Development - The company’s R&D expenses decreased by 10.95% to ¥11,630,341.72, attributed to reduced material costs[9] - Research and development expenses decreased to ¥11,630,341.72, down 10.9% from ¥13,060,114.36[18] Investment Income - The company’s investment income fell by 41.18% to ¥1,374,569.57, primarily due to a decrease in principal and interest rate cuts[9]

Revenue and Profitability - Revenue for Q3 2025 was CNY 497,420,245.61, a decrease of 3.58% compared to the same period last year, while year-to-date revenue increased by 54.15% to CNY 1,627,759,298.14[3] - Net profit attributable to shareholders for Q3 2025 was a loss of CNY 188,173.52, representing a 98.06% increase in loss compared to the same period last year, with a year-to-date loss of CNY 29,606,906.14, a decrease of 28.45%[3] - Basic and diluted earnings per share for Q3 2025 were both CNY -0.0003, reflecting a 98.04% increase in loss compared to the same period last year[3] - The net profit for the current period is -30,954,977.90, compared to -56,831,264.02 in the previous period, indicating an improvement of approximately 45.7%[30] - The total comprehensive income for the current period is -30,998,911.71, compared to -55,992,566.19 in the previous period, reflecting a 44.6% improvement[31] - The total operating profit (loss) for the current period is -29,195,474.13, an improvement from -50,222,415.41 in the previous period, indicating a 42.0% reduction in losses[30] Assets and Liabilities - Total assets at the end of Q3 2025 were CNY 254,423,411.48, a decrease of 41.56% from the end of the previous year[3] - The company's total liabilities decreased to ¥70,264,070.60 from ¥221,887,923.35, a decline of about 68%[27] - Total assets decreased to ¥254,423,411.48 from ¥435,393,483.26, a reduction of approximately 41%[27] Cash Flow - Cash flow from operating activities for the year-to-date period was CNY -40,576,015.44, an increase of 76.68% in cash outflow compared to the previous year[3] - Net cash flow from operating activities increased by 76.68% year-on-year, primarily due to accelerated turnover in the internet marketing business[13] - Operating cash flow net amount is -40,576,015.44, an improvement from -174,031,015.37 in the previous period, showing a significant reduction in cash outflow[32] - Cash and cash equivalents at the end of the period stand at 47,149,005.00, compared to 37,200,076.63 in the previous period, indicating an increase of 26.5%[33] Receivables and Investments - Accounts receivable decreased by 61.93% to CNY 62,345,912.77 compared to the beginning of the year, primarily due to the transfer of subsidiaries[12] - Other receivables decreased by 79.62% to CNY 7,539,366.64 compared to the beginning of the year, also due to the transfer of subsidiaries[12] - Investment income for the year-to-date period increased by 378.03% to CNY 12,032,816.92, mainly due to the transfer of subsidiary equity[10] - The company reported investment income of 12,032,816.92, a significant increase from 2,517,154.64 in the previous period, marking a growth of 377.5%[30] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 37,728[16] - The largest shareholder, Hainan Xinyuhang Investment Co., Ltd., holds 21.31% of shares, totaling 135,225,900 shares[16] Corporate Actions - The company transferred 100% equity of its wholly-owned subsidiary, Beijing Jinyuan Interactive Technology Co., Ltd., for RMB 10 million to optimize resource allocation[20] - The acquisition of 40% equity in Beijing Jiayunwanhe Technology Co., Ltd. was completed for RMB 1.14 million, resulting in 100% ownership by Shenzhen Jiayunwanhe Technology Co., Ltd.[21] - The company plans to sell its wholly-owned subsidiary, Haili Insurance Brokerage (Shenzhen) Co., Ltd., to Flash Repair Technology Co., Ltd. to focus on its core business[23] Internal Governance - The company has revised its internal governance structure, including the cancellation of the supervisory board, with its functions transferred to the audit committee[24] - The company has updated several internal policies to align with legal regulations and improve governance standards[24]