格林美：公司2025年前三季度累计实现营业收入274.98亿元，同比增长10.55%

Core Viewpoint - The company emphasizes its commitment to enhancing shareholder value through various strategies, including performance growth, share buybacks, and cash dividends, while achieving record-high performance in its key business areas [2] Financial Performance - For the first three quarters of 2025, the company achieved a total operating revenue of 27.498 billion yuan, representing a year-on-year increase of 10.55% [2] - The net profit attributable to shareholders reached 1.109 billion yuan, reflecting a year-on-year growth of 22.66% [2] - The net cash flow from operating activities was 2.251 billion yuan, which is a 9.70% increase compared to the previous year [2] Shareholder Returns - The company has maintained cash dividends for eleven consecutive years, with a total cash dividend of 337 million yuan for the fiscal year 2024, resulting in a dividend payout ratio of approximately 33% [2] Business Growth Drivers - Key metal resource recycling, power lithium battery recycling, and new energy battery materials are identified as significant contributors to the company's performance growth [2] - The company has achieved full production capacity for nickel resources and continues to make breakthroughs in the high-end new energy materials market [2]