Core Viewpoint - The company, Shandong Longhua New Materials Co., Ltd., has disclosed its third-quarter financial report for 2025, ensuring the accuracy and completeness of the information provided [1][2][12]. Financial Data - The net profit attributable to shareholders for the first three quarters of 2025 is CNY 100,384,574.80, while the parent company achieved a net profit of CNY 137,053,782.80 [12][13]. - The undistributed profits as of September 30, 2025, are CNY 814,494,575.58 for the consolidated report and CNY 861,280,985.72 for the parent company [13]. - The proposed cash dividend is CNY 0.70 per 10 shares, amounting to a total distribution of CNY 30,100,001.26 [13][14]. Board Meeting - The fourth board meeting of the company was held on October 26, 2025, with all six directors present, complying with legal and regulatory requirements [8][9]. - The board approved the third-quarter report and the profit distribution plan, with unanimous support from all directors [10][11]. Asset Impairment - The company has recognized an asset impairment provision totaling CNY 19,512,313.93, which includes provisions for bad debts and inventory write-downs [17][18]. - The impairment provision is based on expected credit losses and the lower of cost or net realizable value for inventory [18].
山东隆华新材料股份有限公司2025年第三季度报告