Financial Performance - The company's operating revenue for the third quarter was ¥87,128,989.75, a decrease of 17.94% compared to the same period last year[4]. - The total profit for the third quarter was ¥2,963,104.90, down 75.40% year-on-year[4]. - The net profit attributable to shareholders was ¥4,445,704.84, reflecting a decline of 63.13% compared to the previous year[4]. - The net profit after deducting non-recurring gains and losses was ¥3,675,315.97, a decrease of 66.94% year-on-year[4]. - The basic earnings per share for the third quarter was ¥0.06, down 64.71% from the same period last year[5]. - Net profit for the first three quarters of 2025 was ¥8,577,528.63, a significant decline of 57.5% from ¥20,168,321.04 in 2024[20]. - Basic earnings per share for the first three quarters of 2025 was ¥0.12, down from ¥0.29 in the same period of 2024[21]. Cash Flow and Liquidity - The cash flow from operating activities showed a net outflow of ¥29,679,915.15 year-to-date, indicating challenges in cash management[4]. - Cash flow from operating activities for the first three quarters of 2025 was negative at -¥29,679,915.15, compared to -¥7,756,490.25 in 2024, indicating worsening cash flow conditions[22]. - Cash received from sales of goods and services was ¥193,048,493.70, a decrease of 14.2% from ¥225,020,021.41 in 2024[22]. - The ending balance of cash and cash equivalents was $389.12 million, down from $473.46 million in the previous period[23]. - The beginning balance of cash and cash equivalents was $502.46 million, indicating a decrease in liquidity[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,427,364,073.97, a slight decrease of 0.50% from the end of the previous year[5]. - The company's total current assets decreased from 1,092,095,892.24 to 1,005,898,195.00, a decline of approximately 7.93%[15][16]. - Total liabilities as of the reporting date were ¥412,842,239.70, slightly up from ¥409,208,411.59 in the previous year[17]. - Total equity attributable to shareholders was ¥1,011,696,649.81, a decrease from ¥1,024,132,445.61 in 2024, indicating a decline in shareholder value[17]. Research and Development - Research and development expenses totaled ¥13,023,155.11, a decrease of 2.19% year-on-year, accounting for 14.95% of operating revenue[5]. - Research and development expenses for the first three quarters of 2025 were ¥33,883,837.68, down from ¥36,822,923.74 in 2024, reflecting a potential shift in R&D focus[19]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,192[12]. - The largest shareholder, Wu Lihua, holds 12,510,000 shares, representing 17.46% of total shares[12]. Investment Activities - Net cash flow from investment activities was -$63.06 million, compared to -$28.80 million in the previous period, indicating a decline in investment performance[23]. - Total cash inflow from investment activities was $199.82 million, down from $626.62 million year-over-year[23]. - Cash outflow from investment activities totaled $262.88 million, a decrease from $655.42 million in the prior period[23]. Financing Activities - Net cash flow from financing activities was -$20.26 million, contrasting with a positive $6.74 million in the previous period[23]. - Total cash inflow from financing activities was $2.00 million, significantly lower than $7.38 million year-over-year[23]. - Cash outflow from financing activities amounted to $22.26 million, compared to $0.63 million in the prior period[23]. Other Information - The company experienced a significant reduction in government subsidies received compared to the previous year, impacting overall profitability[10]. - The company reported a credit impairment loss of ¥3,551,059.27 in 2025, contrasting with a gain of -¥3,572,084.20 in 2024, highlighting increased credit risk[20]. - The company will not apply new accounting standards starting from 2025[24].

南京威尔药业集团股份有限公司 2025 年第三季度报告 证券代码：603351 证券简称：威尔药业 南京威尔药业集团股份有限公司 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 | 本报告期比上年同期 | | 年初至报告期末 | | --- | --- | --- | --- | --- | | 项目 | | 增减变动幅度(%) | 年初至报告期末 | 比上年同期增减 | | | | | | 变动幅度(%) | | 营业收入 | 344,518,752.28 | 10.35 | 1,018,241,70 ...

Financial Performance - The company's operating revenue for Q3 2025 reached CNY 243,171,777 thousand, representing a year-on-year increase of 42.81%[4] - The total profit for the period was CNY 12,220,755 thousand, up 70.43% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 10,373,411 thousand, reflecting a 62.04% increase year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached RMB 603.93 billion, a 38.4% increase from RMB 436.37 billion in the same period of 2024[22] - Operating profit for the first three quarters of 2025 was RMB 26.30 billion, up 57.8% from RMB 16.66 billion in 2024[22] - Net profit attributable to shareholders for the first three quarters of 2025 was RMB 22.49 billion, representing a 48.7% increase compared to RMB 15.14 billion in 2024[23] - The total comprehensive income for the first three quarters of 2025 was RMB 21.38 billion, up from RMB 14.17 billion in 2024, reflecting a growth of 50.9%[23] - Basic earnings per share for Q3 were CNY 0.52, a 62.50% increase compared to the same period last year[4] - Basic earnings per share for the first three quarters of 2025 were RMB 1.13, compared to RMB 0.76 in the same period of 2024, indicating a 48.7% increase[23] Business Segments - The cloud computing business saw revenue growth exceeding 65% year-to-date, with Q3 alone showing over 75% growth, driven by AI server demand[6] - The communication and mobile network equipment business experienced significant growth, with switch sales increasing by 100% year-on-year in Q3, particularly 800G switches growing over 27 times[7] - The company reported a significant increase in GPU AI server revenue, with a year-on-year growth of over 300% for the first three quarters[6] Assets and Liabilities - The company's total assets increased by 40.88% year-on-year, reaching CNY 447,338,382 thousand[5] - Total current assets as of September 30, 2025, amount to 400,729,564 thousand RMB, up from 274,008,125 thousand RMB as of December 31, 2024, indicating a growth of approximately 46%[17] - Total liabilities increased to RMB 285.47 billion in 2025 from RMB 164.39 billion in 2024, reflecting a significant rise in financial obligations[19] - Total equity attributable to shareholders rose to RMB 161.53 billion in 2025, compared to RMB 152.69 billion in 2024, indicating a growth of 5.6%[19] Cash Flow - The net cash flow from operating activities for the year-to-date was negative CNY 4,140,570 thousand, a decline of 199.73%[4] - The company reported a net cash flow from operating activities of RMB -4.14 billion for the first three quarters of 2025, compared to RMB 4.15 billion in the same period of 2024[24] - Net cash flow from investing activities was -$7,282,794, an increase of 17.6% compared to -$6,194,489 in the previous period[25] - Cash inflow from financing activities totaled $85,498,380, a decrease of 17.7% from $103,980,104 year-over-year[25] - Net cash flow from financing activities was $33,056,564, a significant improvement compared to -$24,739,427 in the previous period[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 476,358[14] - The largest shareholder, China Galaxy Enterprise Limited, holds 7,293,115,611 shares, representing 36.726% of total shares[14] - The company has no significant changes in the shareholding structure of the top 10 shareholders compared to the previous period[15] Research and Development - Research and development expenses for the first three quarters of 2025 were RMB 7.61 billion, slightly higher than RMB 7.13 billion in 2024, showing continued investment in innovation[22] Inventory and Cash Management - Cash and cash equivalents increased to 93,776,940 thousand RMB from 72,433,675 thousand RMB, reflecting a growth of about 29.5%[17] - Inventory surged to 164,664,271 thousand RMB, compared to 85,265,717 thousand RMB, marking an increase of approximately 93%[17] - Short-term borrowings rose significantly to 85,835,230 thousand RMB from 35,991,796 thousand RMB, representing an increase of about 138%[18]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥344,178,914.27, representing a year-on-year increase of 6.41%[3] - Total profit for the period was ¥31,031,647.20, reflecting a significant increase of 28.62% compared to the same period last year[3] - Net profit attributable to shareholders was ¥21,454,513.35, marking a 38.97% increase year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥19,267,516.21, up 43.91% from the previous year[3] - Basic earnings per share for the period were ¥0.0340, an increase of 39.06% compared to the same period last year[5] - Operating profit for the first three quarters of 2025 was ¥104,512,229.33, up 28.2% from ¥81,507,648.23 in the previous year[18] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was ¥79,910,378.76, representing a 28.9% increase from ¥62,002,309.95 in 2024[19] - Total comprehensive income for the first three quarters of 2025 was ¥85,995,125.91, compared to ¥65,143,324.05 in the same period of 2024, indicating strong overall performance[19] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥154,560,183.96, reflecting a substantial increase of 71.77%[3] - Cash flow from operating activities for the first three quarters of 2025 was ¥154,560,183.96, compared to ¥89,980,283.66 in the same period of 2024, indicating a significant improvement[21] - The company's cash and cash equivalents at the end of the period were ¥413,865,355.04, an increase from ¥275,593,407.22 at the end of the previous year[22] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 106,587,374.42, up from CNY 98,308,924.11 in 2024, reflecting a growth of 8.2%[29] - The cash inflow from financing activities reached CNY 339,086,768.89, an increase of 69.2% from CNY 200,431,632.43 in 2024[30] - The net cash flow from financing activities was CNY 161,083,565.16, significantly higher than CNY 32,195,772.14 in the same period last year[30] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,650,389,025.01, a 9.60% increase from the end of the previous year[5] - Total liabilities rose to ¥694,962,823.70 from ¥522,457,648.83, marking an increase of approximately 33.0%[15] - The company's total equity increased to ¥1,955,426,201.31 from ¥1,895,845,140.59, reflecting a growth of about 3.2%[15] - Total assets increased to CNY 2,505,352,654.13 as of September 30, 2025, up from CNY 2,233,739,227.22 on December 31, 2024, representing a growth of approximately 12.16%[24] - The company's total liabilities rose to CNY 624,649,463.28 as of September 30, 2025, compared to CNY 417,401,173.49 at the end of 2024, indicating a significant increase of about 49.73%[26] Shareholder Information - The company reported a total of 42,360 common shareholders at the end of the reporting period[10] - The largest shareholder, Tongling Zhongxu Industrial Investment Co., Ltd., holds 23.33% of the shares, with 30,000,000 shares pledged[10] Investment and Expenses - The company has a significant investment in fixed assets valued at ¥788,157,249.92, down from ¥842,105,302.25, indicating a decrease of approximately 6.4%[14] - Research and development expenses for the first three quarters of 2025 were CNY 27,328,179.88, slightly down from CNY 28,818,668.15 in the same period of 2024[27] - The total cash outflow for investment activities was CNY 765,985,850.76, compared to CNY 706,974,588.11 in 2024, representing an increase of 8.3%[30] Accounting Standards - The company did not apply new accounting standards for the year 2025[31]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥2,162,672,571.42, a 29.24% increase compared to ¥1,064,811,360.80 in the same period last year[4] - The total profit for the period was ¥91,687,468.06, representing an 8.62% decrease from ¥72,602,898.65 year-on-year[4] - The net profit attributable to shareholders was ¥85,252,006.90, showing a slight decrease of 0.26% compared to ¥65,545,931.56 in the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥83,692,745.13, which is a 36.91% increase from ¥61,129,202.87 year-on-year[4] - The basic earnings per share remained at ¥0.07, unchanged from the previous year, while the diluted earnings per share also stood at ¥0.07[5] - Net profit for the first three quarters of 2025 was ¥353,900,652.79, a decrease of 10.43% from ¥395,249,383.59 in 2024[24] - Earnings per share for the first three quarters of 2025 were ¥0.29, down from ¥0.32 in the same period of 2024[24] - The company reported a total comprehensive income of ¥353,900,652.79 for the first three quarters of 2025, compared to ¥395,249,383.59 in 2024, reflecting a decrease of 10.43%[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥13,997,994,777.56, a decrease of 15.91% from ¥12,892,559,602.14 at the end of the previous year[5] - The equity attributable to shareholders decreased by 21.48% to ¥6,240,115,171.17 from ¥7,947,459,873.33 year-on-year[5] - Total current assets as of September 30, 2025, amounted to CNY 10,925,512,918.02, a decrease from CNY 13,472,974,295.15 as of December 31, 2024, representing a decline of approximately 18.9%[16] - Total non-current assets as of September 30, 2025, were CNY 3,072,481,859.54, down from CNY 3,173,339,010.70, indicating a decrease of approximately 3.2%[17] - Total liabilities decreased to CNY 7,301,875,078.88 from CNY 8,245,333,888.94, a reduction of about 11.4%[17] - Total assets decreased to CNY 13,997,994,777.56 from CNY 16,646,313,305.85, a decline of approximately 16.0%[17] - Total liabilities decreased to ¥7,585,986,525.55 in 2025 from ¥8,487,634,312.49 in 2024, indicating a reduction of approximately 10.59%[18] - Total equity attributable to shareholders decreased to ¥6,240,115,171.17 in 2025 from ¥7,947,459,873.33 in 2024, a decline of about 21.43%[18] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,346,919,077.74, a significant improvement from a negative cash flow of ¥115,731,233.64 in the previous year[4] - Cash flow from operating activities for the first three quarters of 2025 was ¥1,346,919,077.74, a significant improvement compared to a negative cash flow of ¥19,095,862.64 in 2024[25] - The company generated cash inflows from operating activities totaling ¥9,180,056,057.62 in 2025, compared to ¥8,026,970,188.52 in 2024, marking an increase of 14.36%[25] - Total cash outflow from investment activities amounted to $2,062,999,681.34, with a net cash flow from investment activities of -$1,921,432,747.53[26] - Cash inflow from financing activities totaled $364,595,417.00, while cash outflow from financing activities was $510,426,115.55, resulting in a net cash flow from financing activities of -$145,830,698.55[26] - The net increase in cash and cash equivalents was -$720,344,368.34, leading to an ending balance of $1,730,713,980.00[26] - The beginning balance of cash and cash equivalents was $2,451,058,348.34, indicating a significant decrease in liquidity[26] - The company reported a cash outflow of $1,853,426,211.10 for investment payments, reflecting substantial capital expenditures[26] - Cash received from borrowings was $200,000,000.00, indicating reliance on debt financing during the period[26] - Cash paid for dividends and interest amounted to $246,289,275.91, highlighting ongoing commitments to shareholders[26] Operational Changes - The company has added three new subsidiaries, including Yili Technology, which contributed to the increase in net profit attributable to shareholders[9] - The company has not reported any significant new strategies or product developments during the conference call[14] - Research and development expenses for the first three quarters of 2025 totaled ¥278,992,066.12, a decrease of 21.56% from ¥355,831,820.96 in 2024[21] Accounting Standards - The company did not apply new accounting standards or interpretations starting from 2025[27]

灿芯半导体（上海）股份有限公司 2025 年第三季度报告 灿芯半导体（上海）股份有限公司 2025 年第三季度报告 证券代码：688691 证券简称：灿芯股份 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、准确性和完整性依法承担法律责任。 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 | | | 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 | 186,280,116.00 | -30.66 | ...

Financial Performance - The company's operating revenue for Q3 2025 was CNY 444,078,705.66, a decrease of 2.51% compared to the same period last year[4] - The total profit for Q3 2025 reached CNY 33,015,777.90, an increase of 44.92% year-on-year[4] - The net profit attributable to shareholders for Q3 2025 was CNY 16,345,766.22, reflecting a year-on-year increase of 24.65%[4] - The increase in total profit for the year-to-date period was driven by revenue growth and improved project margins, with a year-to-date profit increase of 39.13%[9] - Net profit for the first three quarters of 2025 was ¥53,440,846.50, compared to ¥40,764,261.94 in 2024, representing a growth of 31.2%[22] - The company's operating profit increased to ¥76,883,778.78 from ¥55,205,543.19, marking a year-over-year increase of 39.2%[22] Cash Flow - The net cash flow from operating activities for Q3 2025 was CNY 247,282,834.25, up 61.61% compared to the same period last year[5] - The company experienced a significant increase in cash flow due to higher receipts from customers compared to the previous year[11] - Cash inflow from operating activities for the first three quarters of 2025 reached ¥1,501,784,655.07, a significant increase from ¥986,210,908.66 in the same period of 2024, representing a growth of approximately 52%[27] - Net cash flow from operating activities for the first three quarters of 2025 was ¥248,877,664.40, compared to ¥205,377,489.28 in 2024, indicating an increase of about 21%[27] - The cash and cash equivalents at the end of the third quarter of 2025 amounted to ¥794,436,548.51, compared to ¥541,418,580.17 at the end of the same period in 2024, marking an increase of about 47%[28] Assets and Liabilities - The total assets at the end of Q3 2025 amounted to CNY 3,652,346,563.32, representing a 6.99% increase from the end of the previous year[5] - Total assets as of the reporting date were ¥3,652,346,563.32, compared to ¥3,413,609,353.83, reflecting a growth of 7%[18] - Total liabilities increased to ¥2,661,883,083.48 from ¥2,337,880,339.95, representing a rise of 13.9%[18] - The company's total non-current assets reached ¥576,159,826.05, up from ¥551,147,826.39, indicating a growth of 4.5%[18] Shareholder Information - Total shareholders at the end of the reporting period reached 25,369[13] - The top 10 shareholders hold a combined 40.84% of the shares, with the largest shareholder, Wu Zhuping, owning 13.16%[13] - The company has repurchased a total of 8,842,464 shares, accounting for 2.8639% of the total share capital, with a total expenditure of approximately ¥100.09 million[14] - The company has established a joint action agreement between major shareholders to ensure stable management and operational strategies[14] - The company continues to focus on maintaining a strong cooperative relationship among major shareholders to support its operational stability and growth[14] Operational Costs - Total operating costs amounted to ¥1,127,165,783.17, up from ¥1,049,189,772.42, reflecting a rise of 7.4% year-over-year[22] - Cash paid for purchasing goods and services in the first three quarters of 2025 was ¥802,111,046.46, significantly higher than ¥351,738,849.21 in 2024, indicating an increase of about 128%[27] Tax and Refunds - The company reported a total of CNY 1,414,320.00 in VAT refunds related to the employment of disabled individuals, contributing to financial performance[10] - The company received tax refunds amounting to ¥5,039,627.99 in the first three quarters of 2025, compared to ¥3,155,710.39 in 2024, which is an increase of approximately 60%[27]

Financial Performance - Total revenue for Q3 2025 reached CNY 14,645,610,096.66, an increase of 16.03% year-over-year[5] - Net profit attributable to shareholders was CNY 217,254,013.67, a decrease of 41.61% compared to the same period last year[5] - Total profit for the reporting period decreased by 36.28%, down by ¥215,303,906.42, primarily due to reduced profits from the subsidiary Shanghai Laofengxiang Co., Ltd.[10] - Net profit for the first three quarters of 2025 was CNY 1,837,925,105.30, a decline of 19.5% from CNY 2,282,336,317.49 in 2024[22] - The net profit attributable to the parent company's shareholders for the current period is approximately ¥1.44 billion, a decrease from ¥1.78 billion in the same period last year, representing a decline of about 19%[23] - The total comprehensive income attributable to the parent company's owners is approximately ¥1.44 billion, down from ¥1.78 billion, indicating a decrease of around 19%[23] Assets and Liabilities - The company's total assets increased by 9.50% to CNY 24,890,681,082.58 compared to the end of the previous year[6] - Current assets totaled CNY 23,582,231,948.61 as of September 30, 2025, compared to CNY 21,515,339,160.69 at the end of 2024, reflecting a growth of 9.6%[18] - Current liabilities increased to CNY 9,404,621,749.38 as of September 30, 2025, up from CNY 7,689,237,828.33 at the end of 2024, representing a rise of 22.3%[19] - The company's total equity attributable to shareholders increased by 2.90% to CNY 12,860,559,241.11 compared to the end of the previous year[6] - The company reported a total equity of CNY 15,122,147,421.00 as of September 30, 2025, compared to CNY 14,749,531,256.43 at the end of 2024, an increase of 2.5%[19] Cash Flow - Cash flow from operating activities decreased by 63.86% year-to-date, totaling CNY 2,365,936,870.36[5] - Operating cash flow net amount decreased by 63.86%, primarily due to a reduction in cash received from sales of goods and services[10] - The net cash flow from operating activities for the current period is approximately ¥2.37 billion, significantly lower than ¥6.55 billion in the same period last year, reflecting a decline of about 64%[27] - The total operating cash inflow for the current period is approximately ¥49.27 billion, compared to ¥56.71 billion in the previous year, indicating a decrease of about 13%[27] - The total operating cash outflow for the current period is approximately ¥46.90 billion, down from ¥50.17 billion in the same period last year, reflecting a decrease of about 6%[27] Expenses and Income - Research and development expenses decreased by 50.98%, down by ¥13,250,059.89, primarily due to reduced R&D spending by a subsidiary[10] - Research and development expenses for the first three quarters of 2025 were CNY 12,739,607.62, significantly lower than CNY 25,989,667.51 in the same period of 2024, a decrease of 51.0%[22] - Other income increased by 71.69%, with an increase of ¥146,540,202.82 attributed to government subsidies received by the company and its subsidiaries[10] - Fair value change income surged by 463.67%, increasing by ¥13,750,460.19, mainly due to gains from the fair value changes of financial assets[10] Borrowings and Financial Position - Short-term borrowings increased by 43.35%, totaling CNY 1,998,512,167.90, mainly due to a rise in borrowings from a subsidiary[9] - Long-term borrowings increased by ¥79,900,000.00, reflecting a 100% growth, primarily due to increased borrowings by a subsidiary[10] - Deferred tax liabilities rose by 91.64%, with an increase of ¥17,829,911.85, mainly due to temporary differences arising from fair value changes[10] - The company's financial expenses for the first three quarters of 2025 were CNY 122,114,923.29, slightly up from CNY 117,300,270.96 in 2024[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 45,712[13] - Basic and diluted earnings per share both fell by 41.61%, decreasing by ¥0.2959 per share[11] - The basic and diluted earnings per share for the current period are both ¥2.748, down from ¥3.395 in the same period last year, reflecting a decrease of approximately 19%[23]

江苏通用科技股份有限公司 2025 年第三季度报告 证券代码：601500 证券简称：通用股份 江苏通用科技股份有限公司 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 | | | 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 | 2,214,349,491.14 | 15.34 | 6,214,658,191.21 | 24.59 | | 利润总额 | 46,091,887.41 ...

Financial Performance - The company's operating revenue for Q3 2025 reached ¥692,530,667.67, representing a year-on-year increase of 35.40%[4] - The total profit for the period was ¥59,363,750.81, reflecting a growth of 15.11% compared to the same period last year[4] - The net profit attributable to shareholders was ¥48,563,383.16, which is an increase of 4.27% year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached ¥1,608,214,629.17, an increase of 7.35% compared to ¥1,498,562,144.32 in the same period of 2024[20] - Net profit for the first three quarters of 2025 was ¥120,302,685.22, compared to ¥107,373,665.36 in 2024, representing an increase of 12.56%[21] Cash Flow - The cash flow from operating activities was ¥11,057,482.81, showing a significant decrease of 84.78% compared to the previous year[6] - The company reported a decrease in cash flow from operating activities due to increased cash payments for goods and services[10] - The company's net cash flow from operating activities for the first three quarters of 2025 was ¥201,015,795.98, compared to ¥154,537,184.83 in 2024, indicating a growth of 30.00%[24] - The net cash flow from investing activities was -85,332,173.76, compared to -68,691,121.72 in the previous period, indicating a significant increase in cash outflows for investments[25] - The net cash flow from financing activities was -143,864,331.26, contrasting with a positive net cash flow of 18,701,708.20 previously, highlighting a substantial increase in cash outflows for debt repayment and dividends[25] Earnings and Expenses - Basic earnings per share for the period were ¥0.23, down 42.00% from the same period last year[6] - Basic earnings per share for the first three quarters of 2025 were ¥0.62, down from ¥0.92 in the same period of 2024[23] - Research and development expenses for the first three quarters of 2025 amounted to ¥55,438,003.96, an increase from ¥49,310,361.41 in 2024, reflecting a growth of 12.00%[20] - The company reported a financial expense of ¥2,960,229.31 for the first three quarters of 2025, significantly lower than ¥16,019,983.32 in 2024, indicating a decrease of 81.53%[20] - The company experienced a decrease in sales expenses from ¥1,507,709.50 in 2024 to ¥1,464,695.10 in 2025, a reduction of 2.85%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,054,185,894.88, an increase of 1.10% from the end of the previous year[6] - Current assets totaled RMB 2,044,363,094.98, compared to RMB 1,980,885,829.28 at the end of 2024, indicating an increase of about 3.2%[17] - The total liabilities decreased from ¥1,360,812,094.51 in the previous year to ¥978,365,071.57 in 2025, a reduction of approximately 28.06%[20] - The total equity attributable to shareholders increased to ¥2,081,518,189.87 in 2025 from ¥1,659,670,453.55 in 2024, marking a growth of 25.43%[20] Shareholder Information - The company reported a total of 10,698 common shareholders at the end of the reporting period[13] - The largest shareholder, Zhou Jianqing, holds 29.08% of the shares, totaling 61,402,761 shares[13] - The company has not disclosed any significant changes in shareholder structure or participation in financing and securities lending activities during the reporting period[15] Other Financial Metrics - The weighted average return on equity decreased to 2.46%, a drop of 1.25 percentage points compared to the previous year[6] - Cash and cash equivalents decreased to RMB 453,153,300.64 from RMB 481,333,294.09, a decline of approximately 5.6%[16] - Accounts receivable rose to RMB 1,157,655,244.27, up from RMB 1,064,212,131.75, representing an increase of around 8.8%[16] - Inventory increased significantly to RMB 248,240,774.32 from RMB 164,893,802.05, marking a growth of approximately 50.4%[16] - Short-term borrowings decreased sharply to RMB 20,003,472.22 from RMB 116,080,070.83, a reduction of about 82.8%[17] Corporate Governance - The company did not adopt new accounting standards or interpretations for the year 2025, maintaining consistency in financial reporting[26] - The board of directors announced the financial results on October 29, 2025, indicating ongoing corporate governance and transparency[27]