Financial Performance - The company's operating revenue for the third quarter reached ¥903,933,284.80, representing a year-on-year increase of 33.13%[4] - Net profit attributable to shareholders was ¥83,768,310.60, up 4.18% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥87,579,901.30, an increase of 33.18% year-on-year[4] - The basic earnings per share for the quarter was ¥0.21, reflecting a growth of 5.00% compared to the previous year[4] - Operating profit increased by 33.47% to approximately $299.76 million, attributed to higher sales profits[10] - Total profit rose by 33.30% to approximately $296.56 million, mainly due to increased sales profits[10] - Net profit for the current period was ¥257,099,061.84, representing a 27% increase from ¥202,061,878.48 in the previous period[23] - Operating profit increased to ¥299,756,948.77, compared to ¥224,587,974.66, marking a growth of about 33%[23] - The total comprehensive income attributable to the parent company was CNY 257,457,996.79, an increase from CNY 202,464,298.66 in the previous period, representing a growth of approximately 27.1%[24] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥7,475,596,315.49, a 4.99% increase from the end of the previous year[4] - The total assets of the company reached ¥7,475,596,315.49, compared to ¥7,120,328,881.57, reflecting a growth of approximately 5%[21] - Current liabilities totaled ¥1,697,853,853.07, an increase from ¥1,318,153,068.43, representing a growth of about 29%[21] - The company's total liabilities amounted to ¥2,720,991,330.07, up from ¥2,497,136,820.08, indicating an increase of approximately 9%[21] - The total equity attributable to shareholders was ¥4,761,480,177.58, reflecting a 2.85% increase from the previous year-end[4] - The total equity attributable to shareholders increased to ¥4,761,480,177.58 from ¥4,629,708,318.70, reflecting a growth of about 3%[21] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥207,162,024.22, showing a 35.16% increase[4] - Cash inflow from operating activities increased by 54.38% to approximately $2.96 billion, driven by higher bank deposit recoveries and sales receipts[10] - Net cash flow from operating activities was CNY 207,162,024.22, up from CNY 153,275,696.29, indicating a rise of about 35.1%[26] - Cash inflow from operating activities totaled CNY 2,960,413,417.18, compared to CNY 1,917,556,336.25 in the previous period, marking an increase of approximately 54.4%[26] - Cash flow from financing activities netted approximately $247.93 million, a significant increase of 440.85% due to increased bank loans[11] - Net cash flow from financing activities was CNY 247,931,551.04, a significant improvement from a net outflow of CNY 72,738,754.57 in the previous period[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 22,194[13] - The largest shareholder, Yang Pengwei, holds 41.71% of shares, totaling 170,474,412 shares[13] - The second largest shareholder, Yang Guowen, holds 10.57% of shares, totaling 43,200,000 shares[13] - The company repurchased 5,190,199 shares, accounting for 1.27% of the total share capital[14] - The total number of restricted shares held by Yang Pengwei is 127,855,809, which are locked due to executive restrictions[16] - The total number of restricted shares held by Yang Guowen is 32,400,000, also locked due to executive restrictions[16] - The company has a total of 162,601,521 restricted shares at the end of the period[17] - The company has not reported any changes in the participation of major shareholders in margin trading[15] Other Financial Metrics - Accounts receivable increased by ¥171,475,391.48, or 31.19%, primarily due to increased sales[9] - The company reported a significant increase in trading financial assets, which rose by 415.42% to ¥119,005,000.00, mainly due to an increase in bank wealth management products[9] - Prepayments increased by 122.25% to approximately $36.77 million, primarily due to an increase in advance payments for materials[10] - Inventory rose by 31.41% to approximately $354.63 million, mainly driven by capacity expansion[10] - Short-term borrowings surged by 3177.39% to approximately $655.48 million, primarily due to an increase in bank loans[10] - Tax expenses increased by 93.35% to approximately $39.47 million, primarily due to higher sales profits[10] - Other income rose by 130.34% to approximately $35.74 million, mainly from increased government subsidies[10] - Investment income decreased by 162.38% to approximately -$13.07 million, primarily due to losses from forward foreign exchange settlements and financial liabilities[10] Audit and Reporting - The third quarter financial report was not audited, which may impact the reliability of the reported figures[27]

杭州博拓生物科技股份有限公司 2025 年第三季度报告 杭州博拓生物科技股份有限公司2025 年第三季度报告 证券代码：688767 证券简称：博拓生物 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 1 / 16 杭州博拓生物科技股份有限公司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 | | | | 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 | | | | (%) | ...

Financial Performance - The company's operating revenue for Q3 2025 was CNY 2,573,902,918.58, representing a year-on-year increase of 2.15%[2] - The total profit for the period reached CNY 605,602,727.27, a significant increase of 181.40% compared to the same period last year[2] - The net profit attributable to shareholders was CNY 492,900,442.71, reflecting a year-on-year growth of 184.71%[2] - The basic earnings per share (EPS) for the quarter was CNY 0.325, up 185.09% from the previous year[2] - Total operating revenue for the first three quarters of 2025 reached CNY 7,821,981,737.44, an increase of 8.8% compared to CNY 7,187,635,233.88 in the same period of 2024[15] - Net profit for the first three quarters of 2025 was CNY 1,000,156,579.27, a significant increase of 80.2% compared to CNY 554,439,042.99 in 2024[16] - Earnings per share for the first three quarters of 2025 were CNY 0.637, compared to CNY 0.348 in the same period of 2024, representing an increase of 83.0%[16] - The company's total comprehensive income for the first three quarters of 2025 was RMB 869.0 million, compared to RMB 456.1 million in 2024, marking an increase of about 90.5%[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,364,155,868.66, an increase of 1.33% from the end of the previous year[2] - The equity attributable to shareholders rose to CNY 6,668,093,096.47, marking an 8.21% increase year-on-year[2] - Total current assets as of September 30, 2025, amount to RMB 6,120,312,102.78, a decrease from RMB 6,437,144,956.62 at the end of 2024[12] - Total liabilities decreased to CNY 6,448,124,290.71 from CNY 6,561,651,449.21, showing a reduction of 1.7%[14] - The company's total equity increased to CNY 6,916,031,577.95, up from CNY 6,627,126,500.82, marking a growth of 4.4%[14] Cash Flow - The company reported a 70.36% increase in net cash flow from financing activities, attributed to a higher net increase in bank loans[5] - The net increase in cash and cash equivalents was 112.05%, driven by reduced tax payments and increased cash flow from financing activities[5] - Operating cash flow for the first three quarters of 2025 reached ¥894,413,662.19, an increase of 17.8% compared to ¥759,320,221.06 in the same period of 2024[19] - Total cash inflow from operating activities was ¥8,634,228,333.23, slightly up from ¥8,618,473,718.56 year-over-year[19] - Cash outflow from operating activities totaled ¥7,739,814,671.04, down from ¥7,859,153,497.50 in the previous year[19] - The company reported a net cash flow from operating activities of -RMB 231.4 million for the first three quarters of 2025, compared to RMB 165.9 million in 2024, indicating a significant decline[28] Investments and Expenses - Non-recurring gains and losses for the period totaled CNY 270,616,943.74, with significant contributions from asset disposals and government subsidies[3] - Research and development expenses for the first three quarters of 2025 were CNY 260,925,563.36, slightly up from CNY 257,016,052.67 in 2024, indicating a year-on-year increase of 1.1%[15] - Investment income for the first three quarters of 2025 was CNY 348,938,016.67, a substantial increase from CNY 21,032,007.62 in 2024, reflecting a growth of 1,558.5%[15] - The company reported interest expenses of RMB 44.6 million for the first three quarters of 2025, a decrease from RMB 48.5 million in 2024, reflecting a reduction of approximately 8.0%[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 85,646[7] - Shanghai Zijiang (Group) Co., Ltd. holds 395,207,773 shares, accounting for 26.06% of total shares[7] - The company transferred 16,562,301 shares of Zijiang New Materials Technology Co., Ltd. for RMB 298.52 million, representing 27.89% of Zijiang New Materials' total shares[9] - The estimated increase in net profit from the share transfer is approximately RMB 240 million[11]

安琪酵母股份有限公司 2025 年第三季度报告 证券代码：600298 证券简称：安琪酵母 安琪酵母股份有限公司 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 | | | --- | --- | --- | --- | --- | | | | 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 | 3,887,153,650.89 | 4.00 1 ...

Financial Performance - The company's revenue for Q3 2025 reached ¥757,634,691.91, representing a 53.11% increase compared to the same period last year[5] - Net profit attributable to shareholders was ¥20,482,188.26, a significant increase of 1,318.42% year-on-year[5] - The basic earnings per share (EPS) was ¥0.03, reflecting a 1,204.35% increase compared to the previous year[5] - Total operating revenue for the current period reached ¥1,446,085,256.60, an increase of approximately 31.5% compared to ¥1,099,954,746.80 in the previous period[17] - Net profit for the current period was reported at -¥20,009,954.19, an improvement from -¥74,837,906.64 in the previous period[18] - The total comprehensive income for the period was -20,926,608.97, compared to -74,978,044.64 in the previous period[19] - Basic and diluted earnings per share were both -0.07, an improvement from -0.15 in the previous period[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,250,388,558.83, a decrease of 0.77% from the end of the previous year[5] - The company’s total assets amounted to ¥9,250,388,558.83, slightly down from ¥9,321,828,929.45[16] - Current liabilities totaled ¥3,820,103,383.63, a decrease from ¥4,063,830,921.63[16] - Long-term borrowings increased to ¥1,529,793,829.55 from ¥1,265,798,354.81, indicating a rise of approximately 20.9%[16] - The company’s equity attributable to shareholders decreased to ¥3,303,180,044.57 from ¥3,410,606,939.56, a decline of about 3.1%[16] Cash Flow - The company reported a net cash flow from operating activities of -¥401,880,681.61, an improvement of 34.87% compared to the previous year[8] - The net cash flow from operating activities was -401,880,681.61, an improvement from -617,088,202.62 in the previous period[21] - The net cash flow from investing activities was -354,181,146.65, compared to -485,324,908.66 in the previous period, indicating a reduction in cash outflow[21] - The net cash flow from financing activities was 222,404,539.98, a significant decrease from 1,302,797,471.44 in the previous period[21] - Cash received from the sale of goods and services amounted to 1,344,352,085.97, up from 1,097,301,032.69 in the previous period, representing an increase of approximately 22.5%[20] - The total cash and cash equivalents at the end of the period were 1,167,305,913.60, compared to 1,083,478,219.03 in the previous period[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 48,620[10] - The company has a total of 14,508,530 shares held in the repurchase special securities account, representing 2.15% of total shares[12] - The top ten shareholders include Zhejiang Zhonghe Technology Co., Ltd. with 24,841,540 shares, accounting for 3.67% of total shares[11] - Zhejiang Yinwan Private Fund Management Co., Ltd. holds 11,166,620 shares through its Silver Wan Quan Ying 56 private equity fund, representing 1.65% of total shares[11] - The company has not reported any changes in the top ten shareholders due to securities lending or borrowing activities[13] - The total number of preferred shareholders and their holdings is not applicable for this report[13] Operational Metrics - The company experienced a 37.64% increase in operating costs, totaling ¥1,058,620,885.82, primarily due to the rise in revenue[8] - Total operating costs increased to ¥1,482,025,509.10, up from ¥1,172,534,165.22, reflecting a rise of about 26.4%[17] - Research and development expenses were reported at ¥139,612,946.35, slightly down from ¥142,928,541.87[18] - The company reported a significant increase in prepayments, which rose by 184.00% to ¥91,510,748.79, indicating increased procurement activities[8] Investment Income - The company’s investment income rose by 188.56% to ¥7,871,274.05, attributed to increased returns from joint ventures[8] - The company recorded an investment income of ¥7,871,274.05, a significant recovery from a loss of -¥8,888,437.42 in the previous period[18] - The company received 1,650,000.00 in cash from investment, a notable increase from 802,694,238.18 in the previous period[21] - The cash inflow from investment activities totaled 140,236,638.14, compared to 42,476,065.59 in the previous period, showing a significant increase[21] Other Financial Metrics - The company reported a cash balance of ¥1,310,232,016.56 at the end of the period, down from ¥1,869,384,119.43 at the beginning, indicating a decrease of approximately 30%[14] - Accounts receivable decreased to ¥1,003,913,067.96 from ¥1,084,999,980.23, reflecting a reduction of about 7.5%[14] - The company has no trading financial assets reported, down from ¥100,000,000.00 in the previous period[14] - The company’s accounts receivable financing decreased to ¥7,786,958.94 from ¥13,703,871.33, a decline of approximately 43.9%[14] - The company reported a foreign currency translation adjustment of -916,654.78, compared to -140,138.00 in the previous period[19]

Financial Performance - The company's operating revenue for the third quarter was CNY 4,121,350,879.53, a decrease of 16.46% compared to the same period last year[3]. - The total profit for the quarter was a loss of CNY 187,284,463.78, representing a decline of 217.79% year-on-year[3]. - The net profit attributable to shareholders was a loss of CNY 175,731,335.09, down 205.84% from the previous year[3]. - The net profit after deducting non-recurring gains and losses was a loss of CNY 225,501,498.39, a decrease of 238.32% compared to the same period last year[3]. - The basic earnings per share for the quarter was -CNY 0.11, a decline of 200.00% year-on-year[3]. - Total operating revenue for the first three quarters of 2025 was CNY 12.94 billion, a decrease of 17.0% compared to CNY 15.59 billion in the same period of 2024[17]. - Net profit for the first three quarters of 2025 was CNY 188.96 million, a decline of 46.8% compared to CNY 354.78 million in 2024[17]. - Operating profit fell to CNY 249.31 million, down 62.3% from CNY 660.55 million in the previous year[17]. - The company recorded a significant drop in investment income to CNY 5.13 million, down 91.3% from CNY 58.89 million in 2024[17]. - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.12, down from CNY 0.41 in the same period of 2024[17]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 26,438,398,479.00, a decrease of 2.30% from the end of the previous year[4]. - The equity attributable to shareholders was CNY 14,040,792,529.36, down 1.80% from the previous year-end[4]. - The company's current assets totaled RMB 10,414,617,887.57, slightly down from RMB 10,617,775,749.01, indicating a decrease of about 1.9%[14]. - The total liabilities decreased to RMB 11,385,466,377.84 from RMB 11,772,090,611.16, showing a reduction of around 3.3%[15]. - The company's equity attributable to shareholders decreased to RMB 14,040,792,529.36 from RMB 14,297,659,385.34, a decline of about 1.8%[15]. - Short-term borrowings decreased to RMB 3,068,016,931.13 from RMB 3,282,758,469.66, representing a reduction of approximately 6.5%[15]. - Accounts receivable decreased to RMB 621,532,528.61 from RMB 919,748,680.34, indicating a decline of about 32.5%[14]. - The company's total non-current liabilities increased to RMB 2,174,561,040.59 from RMB 1,562,855,577.60, reflecting an increase of about 39.1%[15]. - Cash and cash equivalents decreased to RMB 5,900,636,876.57 from RMB 6,148,114,920.75, a decline of approximately 4%[14]. Cash Flow and Expenses - The net cash flow from operating activities for the year-to-date was -CNY 10,148,128.43, a decline of 101.50% compared to the same period last year[3]. - Cash flow from operating activities showed a net outflow of CNY 10.15 million, contrasting with a net inflow of CNY 676.24 million in the same period last year[19]. - Cash and cash equivalents at the end of September 2025 were CNY 5.89 billion, down from CNY 6.17 billion at the end of September 2024[19]. - The company reported a decrease in sales expenses to CNY 122.36 million, down 23.5% from CNY 159.86 million in 2024[17]. - Research and development expenses increased slightly to CNY 380.39 million, compared to CNY 374.26 million in the previous year[17]. Market Conditions - The company attributed the significant declines in profit and revenue primarily to a decrease in product prices compared to the previous year[7]. - The inventory increased significantly to RMB 1,575,357,677.90 from RMB 1,080,142,418.16, reflecting an increase of approximately 46%[14].

Revenue and Profitability - Q3 2025 revenue decreased by 14.82% year-on-year to CNY 363,450,550.15, and year-to-date revenue decreased by 15.05% to CNY 969,603,179.11[5] - The net profit attributable to shareholders was a loss of CNY 7,881,683.98, representing a 29.21% increase in loss compared to the same period last year[5] - Basic and diluted earnings per share were both CNY -0.0142, a decrease of 29.70% year-on-year[5] - Net profit for the current period is -¥29,399,141.25, compared to -¥23,473,633.16 in the previous period, indicating a worsening of approximately 25.3%[18] - The total comprehensive income for the current period is -¥29,398,881.19, compared to -¥23,484,459.61 in the previous period, indicating a decline of approximately 25.4%[19] Assets and Liabilities - Total assets decreased by 6.35% from the end of the previous year to CNY 1,970,205,320.75[5] - Total current assets decreased from 1,026,307,161.66 CNY to 886,598,489.06 CNY, a decline of approximately 13.6%[14] - Total liabilities decreased to ¥893,486,567.01 from ¥997,369,548.85, a reduction of about 10.43%[16] - Total equity decreased to ¥1,076,718,753.74 from ¥1,106,420,858.53, reflecting a decline of approximately 2.68%[16] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -84,447,101.36, a significant decline of 320.32% compared to the same period last year[9] - Net cash flow from operating activities was -84,447,101.36, a decrease from 38,329,318.08 in the previous period, indicating a decline in operational performance[22] - The total cash and cash equivalents at the end of the period was 70,000,834.20, down from 160,409,855.97, highlighting a decrease in liquidity[22] - Net cash flow from financing activities increased by 118.79% to CNY 10,052,544.78, driven by increased financing and reduced dividend payments[9] - Cash inflow from operating activities totaled 1,226,282,796.63, a decrease from 1,396,707,134.25, indicating a decline in operational cash generation[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 42,553[11] - The largest shareholder, Teng Yongxiong, holds 14.60% of shares, totaling 81,120,000 shares[11] - The top four shareholders are acting in concert, indicating a potential influence on company decisions[12] Financial Expenses and Income - Financial expenses increased by 64.69% to CNY 10,822,842.58 due to increased interest expenses[8] - Financial expenses increased to ¥10,822,842.58 from ¥6,571,763.61, an increase of approximately 64.5%[18] - Investment income improved by 182.73% to CNY 840,404.79, attributed to reduced losses from an associate company[8] Inventory and Receivables - Accounts receivable decreased from 211,535,389.62 CNY to 138,327,854.68 CNY, a reduction of approximately 34.5%[15] - Inventory increased from 460,498,949.10 CNY to 583,328,689.79 CNY, an increase of about 26.6%[15] Audit and Compliance - The company did not undergo an audit for the third quarter financial report, which may affect stakeholder confidence[23]

Financial Performance - The company's operating revenue for Q3 2025 was ¥464,042,696.28, a decrease of 8.36% compared to the same period last year[5]. - Net profit attributable to shareholders increased by 18.69% to ¥98,401,702.93 for the quarter, while the year-to-date net profit was ¥385,227,167.13, up 0.35%[5]. - The basic earnings per share for Q3 2025 was ¥0.17, representing a 21.43% increase year-on-year[5]. - Total operating revenue decreased to ¥1,462,382,074.50 from ¥1,574,787,639.33, representing a decline of approximately 7.1% year-over-year[19]. - Total operating costs reduced to ¥1,012,330,268.96 from ¥1,140,824,909.86, a decrease of about 11.3% year-over-year[19]. - Net profit for the period was ¥385,227,167.13, slightly up from ¥383,875,851.70, indicating a growth of approximately 0.4% year-over-year[20]. - Comprehensive income totalled ¥440,835,903.63, an increase from ¥370,546,543.34, reflecting a growth of around 19% year-over-year[21]. - Basic and diluted earnings per share both stood at ¥0.66, up from ¥0.65 in the previous period[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,299,770,564.55, reflecting a 1.60% increase from the end of the previous year[5]. - Accounts receivable increased by 155.87% to ¥221,176,520.62, primarily due to annual credit extensions to distributors[9]. - The total non-current assets amounted to ¥1,792,592,463.14, up from ¥1,667,628,567.53, reflecting a growth of about 7.5%[16]. - Total liabilities decreased to ¥1,054,846,035.59 from ¥1,222,434,588.04, a decline of approximately 13.8% year-over-year[19]. - The company reported a decrease in accounts payable, which fell to ¥87,296,137.58 from ¥191,545,185.48, a decline of approximately 54.4%[15]. - The total liabilities of the company decreased, indicating improved financial health, although specific figures were not provided in the extracted data[15]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥431,645,188.97, an increase of 84.63%[5]. - Cash inflow from operating activities was ¥1,842,222,864.17, slightly down from ¥1,845,489,100.31, indicating a marginal decrease[22]. - Net cash flow from operating activities was $431.65 million, an increase from $233.79 million in the previous period, reflecting a significant improvement[23]. - Total cash inflow from investment activities amounted to $945.07 million, compared to $705.08 million in the prior period, indicating a strong performance in investment recovery[23]. - Cash outflow for investment activities was $1.08 billion, up from $626.50 million, resulting in a net cash flow from investment activities of -$135.23 million, a decline from $78.58 million[23]. - Cash inflow from financing activities was $271.88 million, an increase from $200 million, showing enhanced borrowing capabilities[23]. - Total cash outflow for financing activities was $451.54 million, compared to $395.55 million, leading to a net cash flow from financing activities of -$179.66 million, slightly improved from -$195.55 million[23]. - The net increase in cash and cash equivalents was $116.80 million, compared to $116.22 million in the previous period, indicating stable liquidity[23]. - The ending balance of cash and cash equivalents was $932.38 million, down from $966.51 million, reflecting a decrease in available cash[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,224[11]. - The largest shareholder, Guilin Sanjin Group, holds 62.07% of the shares, totaling 364,679,300 shares[11]. Investment and Expenses - The company’s investment cash outflow increased by 119.44% to ¥763,656,811.87, primarily due to the maturity of financial products[10]. - Research and development expenses decreased to ¥91,054,772.24 from ¥114,851,241.90, a reduction of approximately 20.7% year-over-year[20]. - Payments to employees totaled $291.31 million, slightly lower than $303.13 million in the previous period, indicating cost management efforts[23]. - Tax payments increased to $245.34 million from $210.28 million, reflecting higher tax obligations[23]. - Cash paid for other operating activities was $447.44 million, down from $534.22 million, suggesting improved operational efficiency[23]. Future Outlook - The company plans to continue expanding its market presence and developing new products, although specific details were not disclosed in the report[5].

Financial Performance - The company's operating revenue for the third quarter reached ¥754,662,109.63, representing a year-on-year increase of 24.70%[3] - Total profit for the quarter was ¥69,224,572.15, reflecting a significant growth of 57.32% compared to the same period last year[3] - Net profit attributable to shareholders was ¥50,466,702.36, which is an increase of 25.86% year-on-year[3] - Total operating revenue for the first three quarters of 2025 reached ¥2,094,286,796.78, an increase of 19.5% compared to ¥1,753,741,811.38 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was ¥167,308,180.27, up 25.4% from ¥133,468,509.65 in the first three quarters of 2024[20] - The company achieved a comprehensive income total of ¥271,669,720.46 in 2025, compared to a loss of -¥11,348,333.49 in 2024, indicating a strong recovery[21] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥298,130,850.18, showing a substantial increase of 68.97%[4] - The company reported a significant increase in cash flow from operating activities, with cash received from sales reaching ¥1,917,712,052.95, compared to ¥1,537,875,821.66 in 2024, representing a growth of 24.7%[22] - Operating cash inflow totaled $2,009,199,923.42, an increase of 26.4% from $1,587,606,125.11[23] - Net cash flow from operating activities was $298,130,850.18, up 68.9% compared to $176,442,835.73[23] - Cash paid for operating activities was $1,711,069,073.24, compared to $1,411,163,289.38 previously[23] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥6,730,105,132.07, marking a 46.46% increase from the previous year[4] - The company's total assets amounted to ¥6,730,105,132.07 in 2025, up from ¥4,595,250,797.88 in 2024, reflecting a growth of 46.4%[17] - The total liabilities increased to ¥2,761,018,515.19 in 2025 from ¥1,873,453,573.43 in 2024, reflecting a growth of 47.3%[17] - The total equity rose to ¥3,969,086,616.88 in 2025, compared to ¥2,721,797,224.45 in 2024, marking an increase of 46.0%[17] Shareholder Information - The basic earnings per share for the quarter was ¥0.18, reflecting a decrease of 14.29% year-on-year[3] - The diluted earnings per share for the quarter was also ¥0.18, with a year-on-year decrease of 14.29%[4] - Basic earnings per share for the first three quarters of 2025 were ¥0.55, down from ¥0.68 in the same period of 2024[21] Acquisitions and Investments - The company completed the acquisition of a 51% stake in Zhongshan Aoduo Electronic Technology Co., Ltd., which will now be consolidated into the company's financial statements[13] - The company experienced a 57.32% increase in total profit for the quarter due to the acquisition of Zhongshan Aoduo, which contributed to revenue and profit growth[8] - The company’s board approved the acquisition of the 51% stake in Zhongshan Aoduo on August 5, 2025, and it was ratified by the shareholders on August 21, 2025[12] Government Support - The company received government subsidies amounting to ¥3,870,165.44 during the quarter, contributing positively to its financial performance[6] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥87,690,448.47, up 14.5% from ¥76,420,122.72 in the same period of 2024[19] Financial Management - The financial expenses decreased significantly to -¥1,317,976.16 in 2025 from ¥29,928,227.06 in 2024, indicating improved financial management[20] Inventory and Receivables - Inventory levels rose significantly to RMB 1,054,689,611.56 from RMB 656,279,912.78, representing an increase of approximately 60.5%[15] - Accounts receivable increased to RMB 1,143,318,667.25 from RMB 937,671,394.73, marking a rise of about 21.9%[15]

Financial Performance - The company's operating revenue for the third quarter was ¥472,475,691.31, a decrease of 12.12% compared to the same period last year[2] - The net profit attributable to shareholders was ¥4,161,312.51, down 81.99% year-on-year[2] - The net profit excluding non-recurring items was ¥3,595,166.81, reflecting an 84.10% decline compared to the previous year[2] - The basic earnings per share were ¥0.032, a decrease of 82.02% from the same quarter last year[2] - Total operating revenue for the current period was ¥1,431,885,061.55, a decrease of 4.9% from ¥1,505,292,752.07 in the previous period[17] - Net profit for the current period was ¥13,225,340.72, down 57.5% from ¥31,129,728.31 in the previous period[19] - Basic and diluted earnings per share were both ¥0.102, compared to ¥0.240 in the previous period, indicating a decline of 57.5%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥729,378,170.08, an increase of 4.62% from the end of the previous year[2] - Total assets increased to ¥729,378,170.08 from ¥697,155,250.75, representing a growth of 4.6%[15] - Total liabilities rose to ¥114,383,822.09 from ¥93,102,602.50, an increase of 22.8%[15] - Current liabilities totaled ¥104,364,095.78, up from ¥81,083,988.68, marking a rise of 28.6%[15] - Non-current assets decreased to ¥287,964,941.56 from ¥302,552,852.10, a decline of 4.8%[15] Cash Flow - The company's cash flow from operating activities was ¥118,307,104.06, down 19.01% year-to-date[2] - Operating cash flow for the current period is ¥118,307,104.06, a decrease of 19.1% from ¥146,069,282.64 in the previous period[20] - Total cash inflow from operating activities is ¥1,721,679,841.34, down from ¥2,015,827,800.85, reflecting a decline of 14.6%[20] - Cash outflow from operating activities is ¥1,603,372,737.28, compared to ¥1,869,758,518.21, indicating a decrease of 14.2%[20] - The ending cash and cash equivalents balance is ¥405,083,142.78, down from ¥426,550,661.15, a decrease of 5.3%[21] - The company received cash from dividends and interest payments totaling ¥8,426,567.50, which is a significant increase from the previous period's ¥2,333,511.00[21] - The company reported a cash inflow from tax refunds of ¥629,350.29, down from ¥1,501,323.89, a decline of 58.1%[20] Inventory and Receivables - The company experienced a 40.30% decrease in inventory, which stood at ¥35,952,695.85 at the end of the reporting period[7] - The company’s inventory decreased to RMB 35,952,695.85 from RMB 60,218,122.50, indicating a reduction of about 40.4%[13] - The company held other receivables amounting to RMB 88,489.89, with no prior balance reported[13] - The company’s prepayments increased to RMB 288,900.00 from RMB 126,104.93, reflecting a growth of approximately 128.7%[13] Corporate Governance - The company’s board underwent significant changes, with the resignation of multiple directors and the election of new board members during the reporting period[9] - The company held a temporary shareholders' meeting on September 9, 2025, to approve amendments to the Articles of Association[10] - The company’s board of directors elected a new chairperson, Zhang Caihong, during the sixth meeting of the ninth board session[10] - The company reported no significant changes in the shareholding structure of its top 10 shareholders during the reporting period[8] Business Development - The company expanded its business scope to include "technical services, technical development, technical consulting, technical exchange, technical transfer, and technical promotion" as of September 26, 2025[10] - The company plans to hold a half-year performance briefing on September 10, 2025, to discuss its financial results and future strategies[11] Research and Development - Research and development expenses increased to ¥1,125,275.03 from ¥451,776.59, a significant rise of 149.5%[18] Contract Liabilities - The company reported a significant increase in contract liabilities, which rose by 92.34% to ¥23,950,720.99[7]