天眼查App显示，近日，湘阴县泽鑫再生资源回收经营部（个体工商户）成立，法定代表人为南新华， 注册资本10万人民币，经营范围为一般项目：再生资源回收（除生产性废旧金属）；再生资源销售；再 生资源加工；消防器材销售；安防设备销售；劳务服务（不含劳务派遣）；技术服务、技术开发、技术 咨询、技术交流、技术转让、技术推广；五金产品零售；电子产品销售；化工产品销售（不含许可类化 工产品）。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，信宜市标顺再生资源回收有限公司成立，注册资本50万人民币，经营范围为一 般项目：再生资源回收（除生产性废旧金属）；再生资源销售；再生资源加工；报废农业机械回收；生 产性废旧金属回收；报废农业机械拆解；金属材料销售；新能源汽车废旧动力蓄电池回收及梯次利用 （不含危险废物经营）；装卸搬运。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动） 许可项目：报废机动车回收；报废机动车拆解；城市建筑垃圾处置（清运）；废弃电器电子产品处理。 （依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以相关部门批准文件或许 可证件为准）。 ...

天眼查App显示，近日，淮安航琪再生资源有限公司成立，法定代表人为张永勤，注册资本20万人民 币，经营范围为许可项目：道路货物运输（不含危险货物）（依法须经批准的项目，经相关部门批准后 方可开展经营活动，具体经营项目以审批结果为准）一般项目：再生资源回收（除生产性废旧金属）； 再生资源销售；再生资源加工；生产性废旧金属回收；资源再生利用技术研发；橡胶制品销售；轮胎销 售（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，梅州市崇庆再生资源回收有限公司成立，注册资本5万人民币，经营范围为一 般项目：再生资源回收（除生产性废旧金属）；再生资源销售；生产性废旧金属回收；再生资源加工； 白蚁防治服务；园林绿化工程施工；农村生活垃圾经营性服务。（除依法须经批准的项目外，凭营业执 照依法自主开展经营活动）许可项目：城市生活垃圾经营性服务；城市建筑垃圾处置（清运）。（依法 须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件 为准）。 ...

Core Viewpoint - Shenzhen Hongyun Partners Recycled Resources Co., Ltd. has been established with a registered capital of 3 million RMB, focusing on various recycling and resource recovery activities [1] Company Overview - The company is legally represented by Shen Yongsheng and has a registered capital of 3 million RMB [1] - The business scope includes general operations such as sales, processing, and recycling of renewable resources, excluding production waste metals [1] Business Activities - The company engages in the following activities: - Sales and processing of renewable resources - Recycling of non-metal waste and scrap, as well as metal waste and scrap [1] - Research and development of resource regeneration technology [1] - Solid waste management and various technical services [1] - Precious metal smelting and sales of electronic products [1] - Dismantling and recycling of scrapped agricultural machinery [1] - Appraisal services for artworks and collectibles [1] Licensing and Regulatory Compliance - The company has licensed operations for dismantling and recycling of scrapped vehicles, including electric vehicles [1] - All operations are subject to approval from relevant authorities, and specific business activities will be conducted based on the necessary permits [1]

Company Overview - Oujing Technology (SZ 001269) announced an online investor conference for Q3 2025 performance on November 6, 2025, from 15:00 to 16:00, with participation from key executives [1] - As of the report, Oujing Technology has a market capitalization of 5.3 billion yuan [1] Revenue Composition - For the first half of 2025, Oujing Technology's revenue composition is as follows: processing services accounted for 69.59%, while quartz products made up 30.41% [1]

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Insights - The company experienced a decline in revenue and profit in the first three quarters of 2025, with revenue of 2.039 billion yuan, down 7.14% year-on-year, and a net profit of 400 million yuan, down 8.23% year-on-year [7][8] - The gross profit margin improved year-on-year, and the acquisition of the titanium alloy company is progressing smoothly [8] - The company is expected to benefit from the upgrade of domestic aircraft and the increasing global demand for civil aircraft, leading to a rapid development phase for its aviation products [10] Financial Performance Summary - For the first three quarters of 2025, the company reported a revenue of 2.039 billion yuan, a net profit of 400 million yuan, and a net profit margin of 19.62%, which is a decrease of 0.23 percentage points year-on-year [8] - The average return on equity (ROE) was 3.84%, down 0.46 percentage points year-on-year, while the sales gross margin was 31.14%, up 0.57 percentage points year-on-year [8] - In Q3 2025, the company achieved a revenue of 679 million yuan, a net profit of 120 million yuan, and a cash flow from operating activities of -135 million yuan [9] Revenue and Profit Forecast - The company is projected to generate revenues of 2.958 billion yuan, 3.526 billion yuan, and 4.178 billion yuan for the years 2025, 2026, and 2027 respectively, with corresponding net profits of 564 million yuan, 703 million yuan, and 854 million yuan [10][34]

Group 1 - The core point of the article is that Oujing Technology (SZ 001269) held a board meeting on October 31, 2025, to discuss the proposal regarding not adjusting the conversion price of "Oujing Convertible Bonds" [1] - For the first half of 2025, Oujing Technology's revenue composition was 69.59% from processing services and 30.41% from quartz products [1] - As of the report date, Oujing Technology has a market capitalization of 5.2 billion yuan [2]

Group 1 - The core point of the article is that Oujing Technology (SZ 001269) held its 13th meeting of the fourth board of directors on October 30, 2025, to review the proposal regarding the company's Q3 2025 report [1] - For the first half of 2025, Oujing Technology's revenue composition was 69.59% from processing services and 30.41% from quartz products [1]

Core Insights - A new company, Zhanjiang Yingfeng Recycling Resources Co., Ltd., has been established with a registered capital of 10,000 RMB [1] Company Overview - The legal representative of the company is Li Haidong [1] - The business scope includes general projects such as recycling of renewable resources (excluding production waste metals), sales of renewable resources, processing of renewable resources, and recycling of production waste metals [1] - The company is also involved in licensed projects, specifically the treatment of waste electrical and electronic products, which requires approval from relevant authorities before operations can commence [1]