Core Viewpoint - Dinglong Technology's stock performance shows a slight decline, with significant financing activity indicating a high level of investor engagement despite the drop in share price [1][2]. Financing Summary - On November 11, Dinglong Technology experienced a financing buy-in of 9.73 million yuan, while financing repayment amounted to 10.57 million yuan, resulting in a net financing outflow of 840,200 yuan [1]. - The total financing and securities balance for Dinglong Technology reached 127 million yuan, accounting for 9.12% of its market capitalization, which is above the 70th percentile of the past year [1]. - There were no short selling activities on November 11, with a short selling balance of 0 yuan, indicating a lack of bearish sentiment [1]. Business Performance - As of October 31, Dinglong Technology reported a total of 18,400 shareholders, a decrease of 1.96% from the previous period, while the average number of circulating shares per shareholder increased by 2% to 3,198 shares [2]. - For the period from January to September 2025, Dinglong Technology achieved a revenue of 540 million yuan, reflecting a year-on-year growth of 11.33%, and a net profit attributable to shareholders of 122 million yuan, up 13.39% year-on-year [2]. Dividend and Shareholding Structure - Since its A-share listing, Dinglong Technology has distributed a total of 102 million yuan in dividends [3]. - As of September 30, 2025, the largest circulating shareholder is Ping An Advanced Manufacturing Theme Stock Fund, holding 1.2732 million shares, an increase of 147,800 shares from the previous period [3]. - Hong Kong Central Clearing Limited ranks as the second-largest circulating shareholder with 829,400 shares, having increased its holdings by 395,200 shares [3].

Core Viewpoint - The company, Zhejiang Dinglong Technology Co., Ltd., has released its third-quarter report for 2025, ensuring the accuracy and completeness of the information provided in the report [8][21]. Financial Data - The third-quarter financial report has not been audited, and the financial data is presented in Renminbi [3][7]. - The report includes major accounting data and financial indicators, although specific figures are not detailed in the provided text [3][4]. Shareholder Information - The report includes information on the total number of ordinary shareholders and the top ten shareholders, although specific details are not provided [5]. Product Performance - The report outlines the production volume, sales volume, and revenue of the company's main products during the reporting period, including externally procured finished products [16]. - Average price changes for key products are noted, with specific percentage changes for various product categories compared to previous periods [17]. Price Changes of Raw Materials - The report mentions the price changes of key raw materials used in production, although specific figures are not provided [18]. Other Important Information - No significant events affecting the company's operations occurred during the third quarter of 2025 [19]. - The company plans to hold an investor briefing on November 14, 2025, to discuss the third-quarter results and address investor questions [21][24].

浙江鼎龙科技股份有限公司（以下简称公司）根据《上海证券交易所上市公 司自律监管指引第3号—行业信息披露：第十三号——化工》有关规定和披露要 求，现将2025年第三季度主要经营数据公告如下： 证券代码：603004 证券简称：鼎龙科技 公告编号：2025-053 浙江鼎龙科技股份有限公司 2025 年第三季度主要经营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 四、其他说明 2025 年第三季度未发生对公司生产经营具有重大影响的其他事项。 注：报告期内，生产量和销售量包括了公司向外采购的成品。 | 主要产品名称 | 销售均价（万元/吨） | | | | 同比变 | 三季度较二 季度环比变 | | --- | --- | --- | --- | --- | --- | --- | | | 2025 年 月 年 | 7-9 | 2024 | 7-9 月 | 动幅度 | 动幅度 | | 染发剂原料 | | 26.65 | | 25.87 | 3.02% | -2.09% | | 特种工程材料单体 | | 28.77 | | ...

Core Insights - Dinglong Technology's stock price decreased by 0.70% on September 30, with a trading volume of 77.35 million yuan [1] - The company reported a financing net buy of -10.31 million yuan on the same day, indicating a higher level of financing repayment compared to new purchases [1] - As of September 30, the total balance of margin trading for Dinglong Technology was 118 million yuan, accounting for 8.31% of its circulating market value, which is above the 60th percentile level over the past year [1] Financing and Margin Trading - On September 30, Dinglong Technology had a financing purchase of 7.76 million yuan, with a current financing balance of 118 million yuan [1] - The company had no short selling activity on the same day, with a short selling balance of 0 shares, indicating a high level of short selling availability compared to the past year [1] Company Overview - Dinglong Technology, established on May 11, 2007, is located in Hangzhou, Zhejiang Province, and was listed on December 27, 2023 [1] - The company's main business involves the research, production, and sales of fine chemical products, with 99.43% of its revenue coming from hair dye raw materials, agricultural protection materials, and specialty engineering materials [1] Shareholder Information - As of September 10, the number of shareholders for Dinglong Technology increased by 11.62% to 20,500, while the average circulating shares per person decreased by 10.41% to 2,875 shares [2] - By the first half of 2025, Dinglong Technology achieved a revenue of 351 million yuan, a year-on-year increase of 9.70%, and a net profit attributable to shareholders of 86.34 million yuan, up 20.47% year-on-year [2] Dividend and Institutional Holdings - Since its A-share listing, Dinglong Technology has distributed a total of 102 million yuan in dividends [3] - As of June 30, 2025, the largest circulating shareholder was Ping An Advanced Manufacturing Theme Stock Fund, holding 1.1254 million shares, an increase of 479,400 shares from the previous period [3]

Core Insights - On September 12, Dinglong Technology experienced a decline of 2.38% with a trading volume of 147 million yuan, indicating a negative market sentiment towards the company [1] - The company reported a financing net buy of -2.26 million yuan on the same day, suggesting a higher level of selling pressure compared to buying [1] - As of September 12, the total margin balance for Dinglong Technology was 147 million yuan, which accounts for 10.15% of its circulating market value, indicating a high level of leverage [1] Financing and Margin Data - On September 12, Dinglong Technology had a financing buy amount of 17.44 million yuan, while the financing balance stood at 147 million yuan, exceeding the 90th percentile of the past year [1] - There were no shares sold or repaid in the securities lending market on the same day, with a balance of 0 shares, indicating a lack of short-selling activity [1] Company Performance - As of September 10, the number of shareholders for Dinglong Technology increased by 11.62% to 20,500, while the average circulating shares per person decreased by 10.41% to 2,875 shares [2] - For the first half of 2025, Dinglong Technology reported a revenue of 351 million yuan, representing a year-on-year growth of 9.70%, and a net profit attributable to shareholders of 86.34 million yuan, up 20.47% year-on-year [2] Dividend and Shareholder Information - Since its A-share listing, Dinglong Technology has distributed a total of 102 million yuan in dividends [3] - As of June 30, 2025, the largest circulating shareholder was Ping An Advanced Manufacturing Theme Stock Fund, holding 1.1254 million shares, an increase of 479,400 shares from the previous period [3] - New shareholders include Hong Kong Central Clearing Limited and Southern Technology Innovation Mixed A Fund, while several funds exited the top ten circulating shareholders list [3]

Core Insights - Dinglong Technology's stock price decreased by 0.08% on September 11, with a trading volume of 184 million yuan [1] - The company reported a financing net purchase of 8.46 million yuan on the same day, with a total financing balance of 150 million yuan, representing 10.06% of its market capitalization [1] - Dinglong Technology's revenue for the first half of 2025 reached 351 million yuan, a year-on-year increase of 9.70%, while net profit attributable to shareholders was 86.34 million yuan, up 20.47% [2] Financing and Margin Trading - On September 11, Dinglong Technology had a financing buy amount of 26.25 million yuan, with a financing repayment of 17.78 million yuan, resulting in a net financing purchase of 8.46 million yuan [1] - The current financing balance of 150 million yuan is above the 90th percentile of the past year, indicating a high level of financing activity [1] - There were no short selling activities reported on September 11, with a short selling balance of 0 shares, also reflecting a high percentile level over the past year [1] Shareholder Structure - As of August 20, the number of shareholders for Dinglong Technology was 18,300, a decrease of 3.12% from the previous period, while the average number of circulating shares per person increased by 3.22% to 3,209 shares [2] - The company has distributed a total of 102 million yuan in dividends since its A-share listing [3] - The largest circulating shareholder is Ping An Advanced Manufacturing Theme Stock Fund, holding 1.1254 million shares, an increase of 479,400 shares from the previous period [3]

Core Viewpoint - Dinglong Technology's stock performance shows a positive trend with a 1.66% increase on September 4, 2023, and significant financing activity indicating strong investor interest [1] Financing and Margin Trading - On September 4, 2023, Dinglong Technology had a financing buy-in amount of 30.12 million yuan and a financing repayment of 24.99 million yuan, resulting in a net financing purchase of 5.12 million yuan [1] - The total margin trading balance for Dinglong Technology reached 132 million yuan, accounting for 9.33% of its market capitalization, which is above the 80th percentile of the past year [1] - There were no short sales or repayments on September 4, 2023, with the short selling balance also at zero, indicating a high level of confidence among investors [1] Company Overview - Zhejiang Dinglong Technology Co., Ltd. was established on May 11, 2007, and listed on December 27, 2023, focusing on the research, production, and sales of fine chemical products [1] - The company's main revenue sources include hair dye raw materials, agricultural protection materials, and specialty engineering materials, with fine chemical products accounting for 99.43% of total revenue [1] Shareholder Information - As of August 20, 2023, Dinglong Technology had 18,300 shareholders, a decrease of 3.12% from the previous period, while the average number of circulating shares per shareholder increased by 3.22% to 3,209 shares [2] - The company reported a revenue of 351 million yuan for the first half of 2025, representing a year-on-year growth of 9.70%, and a net profit attributable to shareholders of 86.34 million yuan, up 20.47% year-on-year [2] Dividend and Institutional Holdings - Dinglong Technology has distributed a total of 102 million yuan in dividends since its A-share listing [3] - As of June 30, 2025, the largest circulating shareholder is Ping An Advanced Manufacturing Theme Stock Fund, holding 1.13 million shares, an increase of 479,400 shares from the previous period [3] - New institutional shareholders include Hong Kong Central Clearing Limited and Southern Technology Innovation Mixed A, while several previous top shareholders have exited the list [3]

证券代码：603004 证券简称：鼎龙科技 公告编号：2025-041 注：因各类产品种类较多且价格差异较大，上表平均单价（按量加权计算） 受产品结构影响较大。如将上表产品均价修正为同一类别下各个产品单价的算 术平均数，则染发剂原料、特种工程材料单体、植保材料的2025年半年度同比 变动幅度分别为2.50%、1.40%和8.68%；染发剂原料、特种工程材料单体、植保 材料的2025年二季度较一季度环比变动幅度分别为-0.28%、4.69%和3.12%。 一、2025年上半年度公司主要产品的产量、销量、收入情况 主要产品名称 产量（吨） 销量（吨） 销售收入（万元） 染发剂原料 784.07 918.58 25,818.23 特种工程材料单体 175.16 117.00 3,356.31 植保材料 280.82 357.76 3,375.88 浙江鼎龙科技股份有限公司 主要产品名称 销售均价（万元/吨） 同比变动幅度 二季度较一 季度环比变 2025年1-6月 2024年1-6月 动幅度 染发剂原料 28.11 28.06 0.18% -7.04% 特种工程材料单体 28.69 29.51 -2.78% 21. ...

Group 1 - The company is holding a shareholder meeting on May 27, 2025, to confirm the compensation for directors and senior management for 2024 and to discuss the compensation plan for 2025 [1][2] - The meeting will include the election of vote counters and monitors, and shareholders will have the right to speak, inquire, and vote on the agenda items [2][3] - The agenda includes the review of the 2024 Board of Directors' work report and the proposal for the 2024 annual profit distribution plan [4][5] Group 2 - The company reported a total asset value of 2.181 billion yuan at the end of the reporting period [5] - The company aims to enhance its core competitiveness in fine chemicals through technological innovation and market channel expansion [5][10] - The company plans to maintain compliance with relevant laws and regulations while improving operational efficiency and governance standards [10][12] Group 3 - The company proposes a cash dividend of 0.21 yuan per share, which accounts for 30.26% of the net profit attributable to shareholders for 2024 [16] - The company intends to reappoint the auditing firm for the 2025 financial report and internal control audit, ensuring independence and objectivity in the audit process [17][18] - The company has established a comprehensive internal control system and has effectively supervised its financial operations and compliance with regulations [13][14]

Group 1 - The company plans to extend the completion deadline for the "Annual Production of 1,320 Tons of Special Material Monomers and Hairdressing Additives Project" to June 30, 2027, with 860 tons of capacity expected to be completed by the end of June 2025 [30][34] - The company raised a total of RMB 989.18 million from its initial public offering, with a net amount of RMB 867.75 million after deducting related expenses [31] - The company has established a special account for the raised funds to ensure proper management and usage, complying with regulations [32] Group 2 - The company reported that the production and sales data for its main products will be disclosed in accordance with the Shanghai Stock Exchange's requirements [46] - The average price changes for the company's main products were reported, with a 0.30% increase for dye raw materials and a 7.84% decrease for special engineering material monomers [47] - The company has a strong customer base, including well-known manufacturers, which supports stable demand for its products [37] Group 3 - The company has approved a profit distribution plan that aligns with its sustainable development and funding needs, ensuring long-term benefits for shareholders [2][3] - The company has confirmed the remuneration for directors, supervisors, and senior management for 2024 and proposed a plan for 2025, emphasizing performance-based compensation [9][11] - The company has engaged Lixin Accounting Firm as its auditor for the 2025 financial report and internal control audit, ensuring compliance with auditing standards [16][28]