YUEGUI(SZ:000833) Zheng Quan Ri Bao·2025-10-27 23:19Core Viewpoint - The company has released its third-quarter financial report, ensuring the accuracy and completeness of the information disclosed, with no significant omissions or misleading statements [2][23]. Financial Data Summary - The company reported a significant increase in accounts receivable, which rose by 504.04% compared to the beginning of the period, primarily due to increased credit sales [5]. - Other receivables saw a dramatic increase of 1,015.93%, attributed to higher guarantee deposits and a low base [7]. - Construction in progress increased by 198.96%, reflecting higher investments in ongoing projects [7]. - Contract liabilities increased by 222.77%, mainly due to higher customer prepayments [9]. - Investment income decreased by 111.30%, primarily due to losses from associated companies [14]. - Asset impairment losses surged by 502.81%, driven by high costs of phosphate fertilizer and phosphate rock exceeding their recoverable amounts [16]. - Operating income rose significantly by 420.65%, mainly from increased penalty income from customer defaults [17]. - Income tax expenses increased by 52.15%, correlating with the rise in total profits [19]. Board Meeting Summary - The board of directors convened on October 27, 2025, to review and approve the third-quarter report, with all nine participating members voting in favor [25][26]. - The board also approved a debt risk prevention management plan, with unanimous support from all members [27][28].