CFT(SH:603685) Sou Hu Cai Jing·2025-11-02 02:17Core Viewpoint - The stock price of Chenfeng Technology (603685) has experienced fluctuations, with a recent closing price of 20.85 yuan, down 1.28% from the previous week, despite reaching a nearly one-year high of 23.23 yuan during the week [1] Shareholder Changes - As of September 30, 2025, the number of shareholders of Chenfeng Technology decreased to 7,570, a decline of 3,844 shareholders or 33.68% compared to June 30, 2025. The average number of shares held per shareholder increased from 14,800 to 23,400 shares, with an average holding value of 414,300 yuan [2] Performance Disclosure Highlights - In the third quarter of 2025, Chenfeng Technology reported a revenue of 874 million yuan, a year-on-year decrease of 5.89%. The net profit attributable to shareholders was 24.47 million yuan, a year-on-year increase of 105.34%. The net profit excluding non-recurring items was 7.16 million yuan, up 15.79% year-on-year. For the third quarter alone, revenue was 294 million yuan, down 2.95% year-on-year, while the net profit attributable to shareholders surged by 1,401.57% to 10.60 million yuan. The company reported a debt ratio of 62.62% and a gross profit margin of 15.2% [3][6] Company Announcements Summary - Chenfeng Technology has decided to redeem its "Chenfeng Convertible Bonds" early, with the redemption registration date set for November 20, 2025, at a price of 100.6164 yuan per bond. The last trading day will be November 17, 2025, and the bonds will be delisted from the Shanghai Stock Exchange on November 21, 2025. The current market price of the bonds is significantly higher at 169.017 yuan, posing a risk for investors who do not convert or sell in time [4][6] - The company held its fifth extraordinary general meeting of shareholders on October 29, 2025, where it approved the extension of the validity period for issuing shares to specific targets until November 7, 2026, following the approval from the China Securities Regulatory Commission [5]