三峡新材：2025年前三季度净利润约-5985万元

Group 1: Company Performance - Sanxia New Materials reported a revenue of approximately 897 million yuan for the first three quarters of 2025, representing a year-on-year decrease of 27.29% [1] - The net profit attributable to shareholders of the listed company was a loss of approximately 59.85 million yuan [1] - The basic earnings per share showed a loss of 0.05 yuan [1] Group 2: Market Context - As of the report, the market capitalization of Sanxia New Materials is 4 billion yuan [2] - The Chinese innovative drug sector has seen significant overseas licensing sales, totaling 80 billion US dollars this year [2] - There is a contrast in the biopharmaceutical secondary market being active while the primary market is experiencing a fundraising slowdown [2]