JIANGSU FENGSHAN GROUP CO.(SH:603810) Shang Hai Zheng Quan Bao·2025-11-11 19:22Core Viewpoint - Jiangsu Fengshan Group Co., Ltd. held a Q3 2025 earnings briefing on November 11, 2025, to discuss its financial performance and address investor inquiries [1][2]. Group 1: Earnings Performance - For the first three quarters of 2025, the company achieved a revenue of 914 million yuan, representing a year-on-year increase of 14.29% [3]. - The net profit attributable to shareholders was 42 million yuan, showing a significant year-on-year growth of 271.03%, primarily due to an increase in product gross margins [3]. Group 2: Accounts Receivable Management - The company has enhanced its customer credit evaluation system and strengthened accounts receivable management, focusing on both preventive measures and multi-dimensional collection strategies [4]. - A tripartite mechanism involving business, market, and legal departments has been established to improve the collection process [4]. Group 3: Operational Insights - The company reported strong operational performance across its pesticide, new energy electronic chemicals, and fine chemical new materials sectors, with detailed data available in the Q3 report [4]. - The capacity utilization rate for pesticide products remains high due to sufficient order volumes [4]. Group 4: Strategic Collaborations - The company has signed a technology development contract with Tsinghua University to leverage its research capabilities for advancing its new energy sector [5]. - This collaboration aims to enhance the company's R&D capabilities and market competitiveness in the new energy field [5]. Group 5: Product Margins and Competitive Strategy - The gross margins for herbicides and insecticides have increased compared to the previous year [6]. - The company plans to innovate in production processes and technology to improve product yield and reduce costs in its pesticide business, while also expanding its product lines in new materials and strengthening partnerships in the new energy sector [6]. Group 6: Shareholder Information - Information regarding the shareholding structure of the top ten shareholders is available in the Q3 report [6]. Group 7: Additional Information - Investors can access the details of the earnings briefing and its main content through the Value Online platform [7]. - The company expressed gratitude to investors for their participation and ongoing support [7].