Core Points - The stock price of Dayu Water-saving increased by 2.11% on November 3, reaching 4.84 CNY per share, with a total market capitalization of 4.948 billion CNY [1] - Year-to-date, Dayu Water-saving's stock price has risen by 20.67%, but it has experienced a decline of 1.02% over the last five trading days [1] - The company reported a revenue of 2.067 billion CNY for the first nine months of 2025, reflecting a year-on-year growth of 9.73%, while the net profit attributable to shareholders decreased by 62.92% to 11.0768 million CNY [2] Company Overview - Dayu Water-saving was established on January 19, 2005, and went public on October 30, 2009. The company is located in Tianjin, China, and specializes in the research, manufacturing, and sales of water-saving irrigation materials, as well as the design, construction, and service of water-saving irrigation projects [1] - The main revenue sources for Dayu Water-saving include smart agricultural water project construction (69.68%), agricultural water technology sales and services (18.48%), agricultural water information and project operation services (10.95%), and other supplementary services (0.88%) [1] Shareholder Information - As of September 30, the number of shareholders for Dayu Water-saving reached 48,200, an increase of 54.01% compared to the previous period, while the average circulating shares per person decreased by 24.15% to 18,121 shares [2] - Since its A-share listing, Dayu Water-saving has distributed a total of 567 million CNY in dividends, with 165 million CNY distributed over the past three years [2] Industry Context - Dayu Water-saving operates within the agricultural sector, specifically in the subcategories of agriculture and comprehensive agricultural services. The company is associated with concepts such as ecological agriculture, rural revitalization, RWA concept, Huawei Harmony, and smart agriculture (digital countryside) [2]

8月25日晚间，大禹节水（300021）发布了2025年半年度报告。报告显示，面对复杂的市场环境，公司 依然实现了营业收入的稳步增长，并展现出多项积极的发展态势。上半年，公司实现营业收入12.76亿 元，较去年同期增长4.90%；归属于上市公司股东的净利润1259.4万元；扣除非经常性损益的净利润实 现了大幅提升，达到434.63万元，同比显著增长126.27%，表明公司主营业务盈利能力大幅改善。 大禹节水在半年报中表示，公司是国内数字水利行业极具影响力的企业。自成立以来，公司始终专注并 致力于农业、农村和水资源问题的解决和服务，积极响应国家乡村全面振兴和粮食安全国策，已经构建 比较完整的数字水利生态，全面赋能农业和水利业务领域，全面覆盖全国市场区域布局。通过"四大智 能制造基地+全球60国服务网络"的布局，公司已成为推动农业节水化、水务智慧化的核心供应商，并 与多家央国企、科研机构及国际合作伙伴形成战略联盟，持续引领行业技术升级与全球化发展。 分产品来看，上半年智慧农水项目建设营收8.28亿元，同比增长12.71%；农水科技销售与服务营收2.2 亿元；农水信息化和项目运营服务营收1.3亿元。 公司毛利率水平 ...