重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 湖北福星科技股份有限公司 2025 年第三季度报告 证券代码：000926 证券简称：福星股份 公告编号：2025-038 湖北福星科技股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 3.第三季度财务会计报告是否经过审计 □是 否 1 湖北福星科技股份有限公司 2025 年第三季度报告 一、主要财务数据 （一）主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 期增减 | | 年同期增减 | | 营业收入（元） | 283,432,802.53 | -53.32% ...

Financial Performance - The company's operating revenue for Q3 2025 was CNY 2,203,501,935.31, representing a 5.33% increase compared to the same period last year[4] - The total profit for the period was a loss of CNY 16,470,598.59, an improvement from a loss of CNY 97,455,868.17 in the previous year[4] - The net profit attributable to shareholders was a loss of CNY 25,317,203.98, compared to a loss of CNY 81,892,084.68 in the same period last year[4] - The net loss for the first three quarters of 2025 was reported at ¥486,316,393.39, compared to a net loss of ¥375,845,782.32 in the same period of 2024[20] - The net profit for the first three quarters of 2025 was -131,275,324.70 RMB, compared to -372,677,188.87 RMB in the same period of 2024, showing an improvement of approximately 64.8%[23] - The total comprehensive income attributable to the parent company for the first three quarters of 2025 was -109,914,822.07 RMB, compared to -300,145,958.70 RMB in 2024, reflecting a notable improvement[24] Cash Flow - The net cash flow from operating activities for the year-to-date was a negative CNY 66,358,752.44, a significant decline from a positive CNY 107,413,349.19 in the previous year[4] - The company reported a net cash flow from operating activities of -169.61 million RMB, primarily due to a decrease in cash received from sales[12] - The net cash flow from operating activities for the first three quarters of 2025 was -66,358,752.44 RMB, compared to 95,332,629.75 RMB in 2024, indicating a significant decline[24] - The company reported a net cash flow from financing activities of 2,025,305,809.13 RMB in 2025, a substantial increase compared to -117,629,942.23 RMB in 2024[25] - The company achieved a total cash inflow from financing activities of 7,037,570,079.56 RMB in 2025, compared to 5,909,665,923.57 RMB in 2024, indicating a growth in financing efforts[25] Assets and Liabilities - The total assets at the end of the reporting period were CNY 18,438,397,670.16, an increase of 11.89% from the end of the previous year[6] - The company's total assets reached ¥18,438,397,670.16 as of September 30, 2025, compared to ¥16,055,186,971.37 at the end of 2024, reflecting an increase of approximately 14.8%[20] - Total current assets as of September 30, 2025, were ¥9,718,579,720.62, up from ¥7,198,288,021.17 at the end of 2024, representing an increase of approximately 35%[19] - Total liabilities increased to ¥14,610,813,995.03 as of September 30, 2025, compared to ¥12,032,213,339.09 at the end of 2024, indicating a rise of about 21.5%[20] - The company's long-term borrowings increased to ¥2,620,592,209.87 as of September 30, 2025, from ¥2,204,014,652.93 at the end of 2024, representing an increase of approximately 18.8%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 85,759[14] - The largest shareholder, Shi Junfeng, holds 31.04% of the shares, totaling 212,662,195 shares[14] - The top 10 shareholders collectively hold 34.77% of the company's total shares[15] - The report indicates no changes in the participation of the top 10 shareholders in margin trading and securities lending[16] Acquisitions and Partnerships - The company completed the acquisition of Shandong Meiduo Technology Co., Ltd., which is now a wholly-owned subsidiary, enhancing its market position[7] - The company has adjusted its financial statements due to the acquisition, reflecting the integration of Shandong Meiduo's financials into its consolidated reports[8] - The company has signed a procurement cooperation agreement with CATL to sell 157,500 tons of lithium iron phosphate cathode materials from Q2 2026 to 2031, with an estimated total sales amount exceeding 6 billion RMB[17] - The company's subsidiary, LBM NEW ENERGY (AP) PTE. LTD., is involved in the agreement with CATL, indicating a strategic partnership in the lithium battery supply chain[16] Operating Costs and Expenses - Total operating costs for the first three quarters of 2025 were ¥5,965,892,986.07, slightly down from ¥5,975,477,267.16 in 2024, indicating a decrease of about 0.2%[22] - Research and development expenses for the first three quarters of 2025 amounted to ¥310,762,323.09, a decrease from ¥370,484,288.95 in 2024, reflecting a reduction of approximately 16.1%[22] - The company experienced a decrease in operating expenses, with total cash outflows from operating activities amounting to 3,735,411,943.22 RMB in 2025, down from 4,101,489,787.04 RMB in 2024[24] Other Financial Metrics - The basic earnings per share and diluted earnings per share for the current reporting period are not applicable[12] - Basic and diluted earnings per share for the first three quarters of 2025 were both -0.16 RMB, an improvement from -0.54 RMB in 2024[24] - The company reported a total of CNY 14,875,185.24 in non-recurring gains for the period, indicating some financial relief despite overall losses[10] - The company has experienced a reduction in losses related to lithium iron phosphate cathode materials, contributing to improved financial performance[12] - The company did not report any net profit from subsidiaries prior to consolidation, with the previous year's net profit from the merged entity being -138,895.95 RMB[24]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥123,378,511.92, representing a year-on-year increase of 17.73%[3]. - The total profit for the period was ¥10,506,327.09, with a year-to-date total profit of ¥33,516,889.46, reflecting a significant increase of 300.41% compared to the previous year[3][8]. - Net profit attributable to shareholders for Q3 was ¥7,276,401.53, marking a year-on-year growth of 150.51%[3][8]. - Total operating revenue for the first three quarters of 2025 reached ¥363,854,525.58, an increase of 14.3% compared to ¥318,486,443.24 in the same period of 2024[17]. - Net profit for the first three quarters of 2025 was ¥20,719,725.46, a significant recovery from a net loss of ¥14,931,400.83 in the same period of 2024[18]. - The total comprehensive income for the first three quarters of 2025 was ¥20,953,883.99, a recovery from a loss of ¥16,488,648.07 in the same period of 2024[18]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥83,974,895.27, an increase of 68.89% compared to the previous year[3][8]. - Cash inflow from operating activities for the first three quarters of 2025 is 413,401,906.35 CNY, an increase of 8.3% from 379,785,264.54 CNY in the same period of 2024[19]. - Cash outflow for investing activities is 31,015,450.99 CNY, down 66.0% from 91,099,183.91 CNY in the previous year[20]. - Net cash flow from investing activities is -30,981,098.74 CNY, an improvement from -72,000,968.51 CNY in the same period last year[20]. - Cash inflow from financing activities totals 73,934,400.00 CNY, a decrease of 39.3% from 121,906,687.94 CNY in the previous year[20]. - Net cash flow from financing activities is 13,663,827.42 CNY, down 77.0% from 59,422,575.01 CNY year-over-year[20]. - The ending balance of cash and cash equivalents is 357,698,265.28 CNY, compared to 224,939,661.92 CNY at the end of the previous year, reflecting a 59.0% increase[20]. Assets and Liabilities - Total assets increased by 2.94% from the previous year-end, reaching ¥1,338,809,666.31[4]. - Total liabilities increased slightly to ¥406,995,292.36 from ¥402,216,111.69, showing a growth of 1.9%[15]. - Total equity attributable to shareholders rose to ¥900,750,469.58 from ¥866,885,685.69, marking an increase of 3.9%[15]. - Accounts receivable increased to RMB 13,633,071.77 from RMB 7,473,696.25, representing an increase of approximately 82.5%[12]. - Inventory stood at RMB 102,766,470.80, up from RMB 89,505,811.67, indicating an increase of about 14.7%[13]. - Short-term borrowings increased to RMB 91,472,917.17 from RMB 53,049,209.71, marking an increase of approximately 72.2%[13]. Research and Development - Research and development expenses totaled ¥51,600,668.69 for the quarter, a decrease of 13.60% year-on-year, and accounted for 41.82% of operating revenue[3]. - Research and development expenses were ¥92,757,264.16, down from ¥106,407,498.18, indicating a 13% reduction[17]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 29,360[10]. - Tianjin Weixin Sunshine Enterprise Management Consulting Co., Ltd. holds 71,859,417 shares, accounting for 17.27% of the total shares[10]. - The company has not reported any significant changes in the shareholding structure or any related party transactions among the top shareholders[11]. - The company has not received any declarations regarding other shareholders having related party relationships or concerted action agreements[11]. Other Information - The company plans to continue focusing on market expansion and new product development to drive future growth[3]. - The company has not adopted new accounting standards or interpretations for the year 2025[21]. - The report is unaudited and prepared by Sino Medical Science Technology Co., Ltd[19].

Financial Performance - For the third quarter of 2025, the operating income was RMB 174,376 million, a decrease of 1.77% compared to the same period last year[6]. - The net profit for the same period was RMB 95,808 million, reflecting an increase of 4.06% year-on-year[6]. - The net profit attributable to shareholders was RMB 95,284 million, up by 4.19% compared to the previous year[6]. - Net profit for the nine months ended September 30, 2025, was RMB 258.45 billion, representing a year-on-year growth of 0.52%[28]. - The bank's pre-tax profit for the nine months ended September 30, 2025, was RMB 289,581 million, a decrease of 2.36% from RMB 297,638 million in 2024[45]. - Basic and diluted earnings per share for the nine months ended September 30, 2025, were RMB 1.00, compared to RMB 1.01 in the same period of 2024[36]. Cash Flow and Liquidity - The cash flow from operating activities for the nine months ended September 30, 2025, was RMB 1,817,380 million, representing a significant increase of 90.33% year-on-year[8]. - The net cash flow from operating activities for the nine months ended September 30, 2025, was RMB 1,817,380 million, compared to RMB 954,869 million for the same period in 2024, indicating an increase of 90.24%[47]. - The bank's cash and cash equivalents increased to RMB 1,156,321 million as of September 30, 2025, from RMB 1,385,789 million at the end of 2024, a decrease of 16.49%[51]. - The bank's net cash flow from financing activities was RMB 105,108 million for the nine months ended September 30, 2025, compared to a net outflow of RMB 19,844 million in 2024[49]. Assets and Liabilities - Total assets as of September 30, 2025, reached RMB 45,369,094 million, an increase of 11.83% from December 31, 2024[6]. - Total liabilities increased to RMB 41,712,953 million as of September 30, 2025, compared to RMB 37,227,184 million at the end of 2024, reflecting a growth of 12.0%[40]. - The total liabilities and equity reached RMB 45,369,094 million as of September 30, 2025, up from RMB 40,571,149 million as of December 31, 2024, an increase of 11.06%[42]. Shareholder Information - The equity attributable to shareholders was RMB 3,633,387 million, up by 9.37% compared to the end of 2024[6]. - The total number of ordinary shareholders as of September 30, 2025, was 343,236, with A-share shareholders numbering 307,319[9]. - The largest shareholder, Central Huijin Investment Ltd., held 54.51% of H-shares and 0.10% of A-shares[9]. - As of September 30, 2025, total equity attributable to shareholders reached RMB 3,633,387 million, up from RMB 3,322,127 million as of December 31, 2024, representing an increase of 9.36%[42]. Loan and Deposit Information - Total loans and advances amounted to RMB 27.68 trillion, up RMB 1.84 trillion or 7.10% year-on-year[24]. - Total deposits reached RMB 30.65 trillion, an increase of RMB 1.94 trillion or 6.75% from the previous year[25]. - The net increase in deposits from customers and other financial institutions was RMB 3,475,094 million for the nine months ended September 30, 2025, compared to RMB 2,209,613 million in 2024, reflecting a growth of 57.38%[47]. Non-Performing Loans and Credit Quality - Non-performing loans stood at RMB 365.47 billion, with a non-performing loan ratio of 1.32%, a decrease of 0.02 percentage points from the previous year[24]. - The bank's credit impairment losses for the nine months ended September 30, 2025, were RMB 121,763 million, an increase of 11.1% compared to RMB 109,583 million in 2024[31]. - The bank reported a credit impairment loss of RMB 121,763 million for the nine months ended September 30, 2025, compared to RMB 109,583 million in 2024, an increase of 11.04%[45]. Interest Income and Expenses - Net interest income decreased by 3.00% year-on-year to RMB 427.61 billion, with a net interest margin of 1.36%[28]. - Interest income for the nine months ended September 30, 2025, was RMB 867,068 million, a decrease of 7.6% compared to RMB 938,135 million for the same period in 2024[31]. - The bank's interest income from operations, excluding investment bonds, was RMB 632,842 million for the nine months ended September 30, 2025, compared to RMB 716,089 million in 2024, a decrease of 11.66%[51]. Other Financial Activities - The company reported a significant increase in deposits and interbank placements, contributing to the growth in cash flow from operating activities[8]. - The balance of green loans reached 5.89 trillion yuan, an increase of 18.38% compared to the beginning of the year[17]. - The cumulative amount of technology enterprise acquisition loan projects reached 143.46 billion yuan, with 37 projects completed[17]. - The total scale of the second pillar management for the pension business reached 700.90 billion yuan, an increase of 11.78% compared to the end of the previous year[21]. - The balance of inclusive loans for small and micro enterprises reached 3.81 trillion yuan, an increase of 397.69 billion yuan compared to the end of the previous year[21]. - The company has issued multiple green bonds with a total issuance amount exceeding 50 billion yuan[17]. - The cumulative number of users on the "Yunongtong" platform has surpassed 31 million, serving 76.24 million rural customers[21]. - The company has completed the filing of 19 out of 21 pilot funds for equity investment in 15 cities[17]. - The company has underwritten 118 technology innovation bonds, totaling 38.18 billion yuan, with a year-on-year increase of over 4 times in technology bond investments[17]. - The company has launched the "Anxin" series of corporate pension products, covering multiple scenarios such as salary benefits and medical supplements[21].

阿特斯阳光电力集团股份有限公司 2025 年第三季度报告 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 证券代码：688472 证券简称：阿特斯 阿特斯阳光电力集团股份有限公司 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、准确性和完整性依法承担法律责任。 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。 | | | 本报告期 | | 年初至报告 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 比上年同 | 年初至报告期末 | 期末比上年 | | | | 期增减变 | | 同期增减变 | | | | 动幅度(%) | | 动幅度(%) | | 营业收入 | 10,218,390,884.68 | ...

Revenue and Profit - The company's revenue for Q3 2025 reached CNY 4,163,410,136, representing a year-on-year increase of 60.71%[2] - The total profit for the period was CNY 371,362,804, showing a decrease of 4.91% compared to the same period last year[2] - Net profit attributable to shareholders was CNY 360,255,109, with a slight increase of 2.51% year-on-year[2] - The total revenue from January to the report period was CNY 12,066,472,888, reflecting a 72.22% increase compared to the previous year[2] - Total operating revenue for the first three quarters of 2025 reached CNY 12,066,472,888, a significant increase of 72.5% compared to CNY 7,006,608,107 in the same period of 2024[27] - Net profit for the first three quarters of 2025 was CNY 1,037,740,844, a decrease of 29.5% from CNY 1,472,199,820 in 2024[29] - The company reported a total comprehensive income of CNY 1,104,781,974 for the first three quarters of 2025, compared to CNY 1,467,111,070 in 2024, indicating a decline of 24.7%[31] Expenses and Costs - Research and development expenses for the quarter amounted to CNY 342,732,195, accounting for 8.23% of total revenue, a decrease of 0.67 percentage points[4] - Research and development expenses increased to CNY 1,027,912,518, representing a rise of 60.5% compared to CNY 640,188,421 in the previous year[29] - Total operating costs for the first three quarters of 2025 were CNY 11,187,147,812, up 99.5% from CNY 5,614,332,900 in 2024[27] Cash Flow - The company experienced a significant decline in cash flow from operating activities, with a net cash flow of CNY -1,059,785,772, a decrease of 200% year-on-year[2][11] - Cash inflow from operating activities totaled CNY 14,443,744,648, an increase of 68.5% from CNY 8,571,321,206 in 2024[33] - The net cash flow from operating activities was -1,059,785,772, compared to 1,059,785,049 in the previous year[34] - The net cash flow from investing activities was 232,553,326, an improvement from -684,867,352 year-over-year[34] - Cash inflow from financing activities totaled 2,353,928,596, up from 803,462,528 in the same period last year[34] - The net cash flow from financing activities was 474,866,520, compared to -91,975,659 in the previous year[34] - The company reported a net increase in cash and cash equivalents of -325,753,773, compared to an increase of 303,649,462 in the previous year[34] Assets and Liabilities - Total assets at the end of the period were CNY 19,291,307,469, an increase of 10.33% from the end of the previous year[4] - As of September 30, 2025, the total assets of Beijing Stone Century Technology Co., Ltd. amounted to RMB 19,291,307,469, an increase from RMB 17,484,730,046 at the end of 2024[22] - The total current assets increased to RMB 14,779,207,675, up from RMB 11,752,452,118, representing a growth of about 25.8%[23] - The total liabilities increased to CNY 5,531,052,586, up from CNY 4,614,546,720 in the previous year, reflecting a growth of 19.9%[27] - The total liabilities as of September 30, 2025, were not explicitly stated but included short-term borrowings of RMB 1,010,000,000 and accounts payable of RMB 2,848,377,897[23] Shareholder Information - The company has repurchased a total of 369,036 shares, accounting for 0.1424% of the total share capital, with a total expenditure of RMB 73,865,248.90[20] - The maximum repurchase price was adjusted to RMB 266.23 per share from RMB 373.74 per share[20] - The company plans to use between RMB 50 million and RMB 100 million for share repurchase to implement employee stock ownership plans and/or equity incentives[20] - The number of shares held by the top 10 shareholders includes 54,377,411 shares held by Changjing, representing 20.99% of the total[17] Tax and Other Financial Metrics - The company paid taxes totaling 866,197,258, an increase from 800,726,084 in the previous year[34] - The company's cash and cash equivalents decreased to RMB 1,138,929,977 from RMB 1,464,233,724 in December 2024, reflecting a decline of approximately 22.2%[22] - The company's inventory surged to RMB 3,715,843,178, compared to RMB 1,490,094,010 in December 2024, indicating a significant increase of approximately 149.5%[22] - The company reported a significant increase in other receivables, which amounted to RMB 490,120,972, down from RMB 868,496,194 in December 2024[22] - The basic earnings per share for the year-to-date period was CNY 2.19, reflecting a decrease of 29.79% compared to the previous year[4] - Basic earnings per share for the first three quarters of 2025 were CNY 4.03, down from CNY 5.74 in the same period of 2024[31]

山东圣阳电源股份有限公司 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： 山东圣阳电源股份有限公司 2025 年第三季度报告 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 证券代码：002580 证券简称：圣阳股份 公告编号：2025-039 3.第三季度财务会计报告是否经过审计 □是 否 1 山东圣阳电源股份有限公司 2025 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 886,421,723.08 | 7.97% | 2,60 ...

山高环能集团股份有限公司 2025 年第三季度报告 证券代码：000803 证券简称：山高环能 公告编号：2025-069 山高环能集团股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的 真实、准确、完整。 3.第三季度财务会计报告是否经过审计 □是 否 一、主要财务数据 山高环能集团股份有限公司 2025 年第三季度报告 | | | | 单位：元 | | --- | --- | --- | --- | | 项目 | 本报告期金额 | 年初至报告期期末金额 | 说明 | | 非流动性资产处置损益（包括已计提资产减值准备的冲 销部分） | 702,240.77 | 424,840.69 | | | 计入当期损益的政府补助（与公司正常经营业务密切相 关、符合国家政策规定、按照确定的标准享有 ...

广东潮宏基实业股份有限公司 2025 年第三季度报告 1 广东潮宏基实业股份有限公司 2025 年第三季度报告 证券代码：002345 证券简称：潮宏基 公告编号：2025-056 广东潮宏基实业股份有限公司 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 广东潮宏基实业股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 2 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末 | | --- | --- | --- | --- | --- | | | | 增减 | | 比上年同期增减 | | 营业收入（元） | ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥1,341,411,209.82, a decrease of 9.13% compared to the same period last year[4] - The net profit attributable to shareholders was a loss of ¥37,417,612.55, down 26.63% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥-51,739,876.24, a decline of 41.19% compared to the previous year[4] - Total operating revenue for Q3 2025 was CNY 4,522,867,188.58, a decrease of 11.65% from CNY 5,118,774,044.93 in the same period last year[23] - Total operating costs decreased to CNY 4,364,798,843.62, down 12.00% from CNY 4,960,452,966.34 year-on-year[23] - Net profit for the period was CNY 127,561,703.98, representing an increase of 3.00% compared to CNY 123,827,359.34 in the previous year[24] - Earnings per share (EPS) for the quarter was CNY 0.17, up from CNY 0.16 in the same quarter last year[24] Assets and Liabilities - Total assets at the end of the reporting period reached ¥31,046,692,192.53, an increase of 2.18% from the end of the previous year[4] - Total assets increased to CNY 31,046,692,192.53, compared to CNY 30,385,433,633.76 at the end of the previous period[22] - Total liabilities rose to CNY 20,090,143,119.48, an increase from CNY 19,407,287,357.32 year-on-year[22] - The company's non-current assets totaled CNY 25,265,147,805.14, slightly up from CNY 25,066,549,655.85 in the previous year[22] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥691,119,527.31, down 27.07%[4] - Operating cash flow for the current period is ¥691,119,527.31, a decrease of 27.1% from ¥947,678,375.31 in the previous period[26] - Total cash inflow from operating activities is ¥11,584,860,650.31, down 7.4% from ¥12,518,665,802.27 year-over-year[26] - Cash outflow from operating activities totals ¥10,893,741,123.00, a decrease of 6.0% compared to ¥11,570,987,426.96 in the previous period[26] - Investment activities resulted in a net cash outflow of ¥983,547,950.12, worsening from a net outflow of ¥363,523,197.17 in the previous period[26] - Cash inflow from financing activities is ¥3,322,951,908.59, down 7.3% from ¥3,583,786,508.06 year-over-year[26] - Net cash flow from financing activities improved to ¥655,129,241.70, compared to a net outflow of ¥283,096,814.29 in the previous period[26] - The ending cash and cash equivalents balance is ¥2,997,661,344.36, down from ¥3,329,817,865.07 in the previous period[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 39,521, with no preferred shareholders having restored voting rights[9] - The largest shareholder, Wuhan Commercial Group Co., Ltd., holds 21.55% of shares, amounting to 165,703,232 shares[9] - Zhejiang Intime Department Store Co., Ltd. holds 10.39% of shares, totaling 79,896,933 shares[9] Investments and Projects - The company invested CNY 1 billion in the new Xiangyang Wushang Mall project, with a total construction area of approximately 124,000 square meters[14] - A joint venture has been established with Wangfujing Group to operate duty-free shops in Wuhan, with registration completed[12] - The company has launched a valuation enhancement plan approved by the board on February 27, 2025[13] Debt and Financing - Short-term borrowings surged by 204.56% to ¥1,981,073,566.67, reflecting an increase in bank loans[7] - The company has registered medium-term notes with a total amount of 1.5 billion RMB, valid for two years from February 12, 2025[10] - The first phase of medium-term notes for 2023 has a total issuance of 940 million RMB with a coupon rate of 3.3%[11] - The company issued 360 million RMB in medium-term notes for 2025 with a coupon rate of 2.20%[12] - The company issued the first phase of super short-term financing bonds in 2025, with a scale of CNY 500 million and an interest rate of 1.92%[14] - The company completed the repayment of the first phase of super short-term financing bonds issued in 2024, amounting to CNY 500 million, on April 22, 2025[15] Other Information - The company appointed a new board secretary following the retirement of the previous secretary[18] - The company held an online performance briefing for the 2024 annual report on April 18, 2025[13] - The company reported cash dividends of CNY 2 per 10 shares, totaling CNY 149,980,806.20, based on a total share capital of 749,904,031 shares[16] - The company plans to distribute cash dividends of CNY 1 per 10 shares for the mid-term profit distribution in 2025[17] - The company’s cash and cash equivalents increased to CNY 3,061,684,644.36 from CNY 2,690,613,764.47[20] - The company’s accounts receivable rose to CNY 43,993,237.74 from CNY 26,567,728.74[20] - The company’s inventory decreased slightly to CNY 1,473,840,423.80 from CNY 1,486,186,910.78[20] - The company’s long-term equity investments increased to CNY 42,148,610.97 from CNY 31,318,328.68[20] - The company’s third-quarter financial report has not been audited[28]