（编辑 楚丽君） 证券日报网讯 10月28日晚间，飞马国际发布公告称，公司于2025年10月27日召开第七届董事会第九次 会议，审议通过了《关于开展期货套期保值业务的议案》，同意公司及子公司基于规避大宗商品价格波 动风险开展商品衍生品套期保值业务，本议案尚需提交股东大会审议。 ...

飞马国际10月28日晚间公告，2025年第三季度实现营业收入5315.13万元，同比下降46.51%；归属于上 市公司股东的净利润1172.22万元，同比增长6061.12%；基本每股收益0.0044元。前三季度实现营业收 入1.62亿元，同比下降24.89%；归属于上市公司股东的净利润1433.36万元，同比下降57.30%；基本每 股收益0.0054元。 ...

Group 1 - The core viewpoint of the article highlights the financial performance of Feima International, indicating a significant decline in revenue and net profit for the third quarter of 2025 compared to the previous year [1] Group 2 - Feima International reported revenue of approximately 162 million yuan for the first three quarters of 2025, representing a year-on-year decrease of 24.89% [1] - The net profit attributable to shareholders of the listed company was approximately 14.33 million yuan, reflecting a year-on-year decrease of 57.3% [1] - The basic earnings per share were 0.0054 yuan, which is a decrease of 57.14% year-on-year [1] - As of the report date, Feima International's market capitalization stood at 10.4 billion yuan [1]

10月28日，厦门国贸涨5.1%，截至发稿，报6.80元/股，成交2.87亿元，换手率2.01%，总市值145.36亿 元。 资料显示，厦门国贸集团股份有限公司位于福建省厦门市湖里区仙岳路4688号国贸中心，成立日期1996 年12月24日，上市日期1996年10月3日，公司主营业务涉及供应链管理、房地产经营、金融服务。主营 业务收入构成为：供应链管理业务99.63%，健康科技业务0.36%，其他板块业务0.02%。 从基金十大重仓股角度 交银中证红利低波动100指数A（020156）基金经理为蔡铮、邵文婷。 截至发稿，蔡铮累计任职时间12年309天，现任基金资产总规模114.04亿元，任职期间最佳基金回报 170.54%， 任职期间最差基金回报-87.04%。 邵文婷累计任职时间4年183天，现任基金资产总规模126.23亿元，任职期间最佳基金回报48.45%， 任 职期间最差基金回报-28.73%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 ...

Core Viewpoint - The company, Haicheng Bangda Supply Chain Management Co., Ltd., has released its quarterly report, ensuring the accuracy and completeness of the financial information presented, and confirming that there are no false records or significant omissions [2][3]. Financial Data Summary - The financial statements for the third quarter are not audited, and the report covers the period from the beginning to the end of the quarter [3]. - The report includes major accounting data and financial indicators, with a focus on non-recurring gains and losses, which are applicable for the current reporting period [3][4]. - As of September 30, 2025, the company has a total of 5,814,500 shares held in its repurchase account, representing 2.83% of the total share capital [4]. Shareholder Information - The report provides details on the total number of ordinary shareholders and the top ten shareholders, including a note on the name change of a significant shareholder [4]. - There are no changes reported in the share lending situation of the top ten shareholders or the top ten unrestricted circulating shareholders [5]. Audit and Financial Statements - The financial statements, including the consolidated balance sheet, profit and loss statement, and cash flow statement for the first nine months of 2025, are prepared without an audit [6].

Financial Performance - The company reported a total revenue of 2.902 billion yuan for Q3 2025, an increase of 12.63% year-on-year, while the net profit attributable to shareholders was 141 million yuan, a decrease of 21.2% [1] - In Q3 2025, the total revenue was 790 million yuan, a decline of 22.1% year-on-year, but the net profit attributable to shareholders increased by 22.95% to 61.585 million yuan [1] - The gross margin decreased to 9.75%, down 22.37% year-on-year, and the net margin fell to 5.03%, down 30.71% year-on-year [1] Accounts Receivable and Debt - Accounts receivable increased significantly, with a year-on-year growth of 113.79%, reaching 1.531 billion yuan [1] - Interest-bearing liabilities rose to 1.786 billion yuan, an increase of 24.27% year-on-year [1] - The company's cash assets are considered healthy, but the debt ratio has reached 34.33% [3] Semiconductor Business - The company is expanding its semiconductor customer base and has established new partnerships with domestic and international semiconductor firms [4] - The company aims to enhance service cooperation with key clients in the semiconductor industry and improve supply chain management products [4] International Logistics - The international logistics segment saw a revenue increase of 329.56% year-on-year in the first half of 2025 [4] - The company is developing a flexible supply chain solution by integrating various transportation modes, enhancing its international logistics capabilities [4] Digital Transformation - The company is investing in big data and AI technologies to optimize international logistics processes and improve service quality [5] - Plans include the development of smart logistics networks and automated warehouses to enhance operational efficiency [5] Self-built Warehousing Projects - The company is making progress with self-built warehousing projects in Chongqing and Kunming, which are expected to contribute positively to performance [6] - Ongoing projects in Shenzhen are also aimed at serving the cross-border e-commerce and semiconductor sectors [6]

Core Viewpoint - Kunming Henghong Trading Co., Ltd. has been established with a registered capital of 1.33 million RMB, focusing on various agricultural and trading services [1] Company Summary - The legal representative of Kunming Henghong Trading Co., Ltd. is Wang Yu [1] - The company’s registered capital is 1.33 million RMB [1] - The business scope includes supply chain management services, production, sales, processing, transportation, and storage of agricultural products [1] - The company is involved in retail and wholesale of edible agricultural products and fresh meat [1] - Additional activities include the sale and maintenance of agricultural machinery, technology services, and domestic trade agency [1] Industry Summary - The establishment of the company reflects growth in the agricultural and trading sectors, particularly in supply chain management and agricultural product services [1] - The diverse range of services offered indicates a comprehensive approach to agricultural commerce, which may enhance market competitiveness [1]

Core Viewpoint - Guangdong Zhenjin Supply Chain Co., Ltd. has been established with a registered capital of 10 million RMB, focusing on various supply chain management and jewelry-related services [1] Group 1: Company Overview - The company is registered with a capital of 10 million RMB [1] - It operates in multiple sectors including supply chain management, jewelry manufacturing, wholesale, and retail [1] Group 2: Business Scope - The business scope includes supply chain management services, jewelry manufacturing, wholesale, and repair services [1] - It also engages in the sale of gold and silver products, mold manufacturing and sales, and various art and craft products [1] - The company provides technology services, consulting, and development, as well as import and export agency services [1] Group 3: Additional Services - The company is involved in the sale of new energy vehicles, housing leasing, and land use rights leasing [1] - It offers services related to international cargo transportation, software outsourcing, and digital cultural creative software development [1] - The company also engages in investment activities using its own funds and provides various consulting services [1]

Core Viewpoint - The company plans to utilize idle raised funds for cash management to enhance fund efficiency and generate returns for shareholders while ensuring the safety of the funds [3][12]. Investment Overview - **Investment Purpose**: The aim is to improve the efficiency of raised funds and ensure that the normal implementation of fundraising projects is not affected while increasing returns for the company and its shareholders [3]. - **Investment Amount**: The total amount for cash management is set at 50 million RMB [4]. - **Source of Funds**: The funds for this cash management initiative will come from idle raised funds [4]. Fundraising Background - The company was approved by the China Securities Regulatory Commission to issue up to 51.31 million shares at a price of 16.84 RMB per share, raising a total of approximately 864.06 million RMB, with a net amount of about 784.17 million RMB after deducting issuance costs [5]. Approval Process - The board of directors and the supervisory board approved the cash management proposal on April 17, 2025, allowing the use of up to 220 million RMB of idle raised funds within a 12-month period [7]. Risk Analysis and Control Measures - **Risk Analysis**: While the company intends to invest in high-safety, liquid principal-protected financial products, there are risks associated with market fluctuations and macroeconomic changes that could affect returns [8]. - **Control Measures**: The company will adhere to regulations, monitor the investment closely, and take necessary actions to mitigate risks if adverse factors are identified [9][10]. Impact on the Company - The cash management of idle raised funds is expected to enhance fund efficiency without affecting the normal operations of fundraising projects, thereby potentially increasing overall performance and returns for shareholders [12]. - As of June 30, 2025, the company's cash balance was approximately 1,004.31 million RMB, with the cash management amount representing about 4.98% of this balance, indicating minimal impact on the company's financial health [13].

Core Viewpoint - The company, Shenzhen Oriental Jiasheng Supply Chain Co., Ltd., has released its third-quarter report for 2025, ensuring that the information disclosed is true, accurate, and complete, with no false records or misleading statements [1][2][7]. Financial Data - The third-quarter financial report has not been audited [3][6]. - The company has made retrospective adjustments to previous accounting data due to a capital reserve conversion completed in May 2025, affecting the earnings per share from the previous year [3][4]. Corporate Governance - The board of directors and the supervisory board have confirmed the authenticity and completeness of the quarterly report, taking legal responsibility for any inaccuracies [2][9]. - The sixth board of directors' seventh meeting was held on October 24, 2025, with all seven directors present, and the meeting complied with legal and regulatory requirements [6][7]. Shareholder Information - The report includes details on the total number of ordinary shareholders and the shareholding status of the top ten shareholders, although specific figures are not provided in the documents [4][5].