（编辑 姚尧） 证券日报网讯 银龙股份11月14日在互动平台回答投资者提问时表示，截至2025年9月30日，公司实现营 业收入24.43亿元，同比增长10.93%，实现归属于上市公司股东的净利润2.73亿元，同比增长61.89%， 资产负债率40.20%。公司财务状况稳健，资产负债率处于行业合理水平，偿债能力较强，经营稳定且 内控机制健全有效，流动性风险安全可控。目前公司预应力材料与轨道交通用混凝土制品双主业的业绩 均稳健增长，未来不排除根据自身经营发展需求进行升级改造、产能扩充等规划。基于前瞻性战略布 局，公司始终关注资本市场各类融资工具，将根据具体项目进展、市场环境和资金需求，审慎评估包括 定向增发、可转债在内的多种再融资方式，以最优方案支持业务发展，为股东持续创造价值。如有达到 披露标准的融资计划，公司将严格按照规定及时公告。 ...

Core Viewpoint - The company, Yinlong Co., is focusing on its core businesses in prestressed materials and concrete products for rail transit, while also exploring opportunities in the new energy sector and emerging technologies [2] Group 1: Business Focus - The company continues to concentrate on the prestressed materials industry and concrete products for rail transit [2] - The integration of new energy industry capabilities is a key aspect of the company's strategy [2] Group 2: Innovation and Growth - The company is committed to innovation-driven development, aiming to solidify its main business while cautiously exploring technological opportunities related to its industry chain [2] - The goal is to cultivate new growth points for future development through these explorations [2]

Core Viewpoint - Tianjin Yinlong Prestressed Materials Co., Ltd. expects a significant increase in net profit for the first three quarters of 2025, projecting a growth of 55% to 75% compared to the same period last year [2][4]. Financial Performance Summary - The estimated net profit attributable to the parent company for the first three quarters of 2025 is projected to be between 261.43 million yuan and 295.16 million yuan, an increase of 92.77 million yuan to 126.50 million yuan year-on-year [2][4]. - The estimated net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be between 259.07 million yuan and 292.50 million yuan, reflecting a similar year-on-year increase [2][4]. Previous Year Performance - In the first three quarters of 2024, the total profit was 217.45 million yuan, with a net profit attributable to the parent company of 168.66 million yuan [6]. - The earnings per share for the first three quarters of 2024 were 0.20 yuan per share [7]. Reasons for Performance Increase - The company has leveraged its leading position in the prestressed materials and concrete products for rail transit sectors, resulting in strong performance [8]. - Key strategic breakthroughs in new energy materials and specialized technology have injected new momentum into the company's development [8]. - Continuous optimization of product structure and expansion of high-performance product ratios have significantly enhanced core competitiveness, driving substantial growth in operating performance [8]. - The prestressed materials sector has seen steady sales growth due to the acceleration of major national projects in railways, water conservancy, bridges, and highways [9]. - The rail transit concrete products sector has achieved notable growth, supported by the successful advancement of key projects [9]. - The new energy sector is gradually becoming a new growth point, with products successfully applied in wind power and photovoltaic systems, contributing to overall performance growth [10].

Core Viewpoint - Silver Dragon Co., Ltd. (603969.SH) expects a significant increase in net profit for the first three quarters of 2025, projecting a range of CNY 261 million to CNY 295 million, representing a year-on-year growth of 55% to 75% [1] Financial Performance - The company anticipates a net profit attributable to the parent company, excluding non-recurring gains and losses, to be between CNY 259 million and CNY 293 million, also reflecting a year-on-year growth of 55% to 75% [1] - The strong performance is attributed to the company's leading advantages in its core businesses of prestressed materials and concrete products for rail transit [1] Strategic Initiatives - Silver Dragon has achieved key strategic breakthroughs in the fields of new energy materials and specialized technologies, injecting new momentum into its development [1] - The company is driving growth through technological innovation and market expansion, continuously optimizing its product structure and increasing the proportion of high-performance products [1] - These efforts have substantially enhanced the company's core competitiveness, leading to significant growth in operational performance and solidifying the foundation for high-quality development [1]

Core Viewpoint - The company, Yinlong Co., Ltd. (603969.SH), expects a significant increase in net profit for the first three quarters of 2025, projecting a range of CNY 261 million to CNY 295 million, representing a year-on-year growth of 55% to 75% [1] Financial Performance - The projected net profit increase amounts to CNY 92.76 million to CNY 126.49 million compared to the same period last year [1] - The company is leveraging its leading position in two core businesses: prestressed materials and concrete products for rail transit [1] Strategic Initiatives - The company has achieved key strategic breakthroughs in the fields of new energy materials and specialized technologies, injecting new momentum into its development [1] - By driving technological innovation and market expansion, the company is continuously optimizing its product structure and increasing the proportion of high-performance products [1] - The enhancement of core competitiveness has led to a substantial improvement in operational performance, laying a solid foundation for high-quality development [1]

Core Viewpoint - Silver Dragon Co., Ltd. (603969) announced a performance increase forecast, expecting a net profit of 261 million to 295 million yuan for the first three quarters, representing a year-on-year growth of 55% to 75% [1] Group 1: Financial Performance - The company anticipates a net profit of 261 million to 295 million yuan for the first three quarters [1] - This represents a year-on-year growth of 55% to 75% [1] Group 2: Business Segments - The overall sales volume of prestressed materials has steadily increased [1] - The concrete products for rail transit have achieved significant performance growth, supported by the smooth progress of key projects [1] - In the new energy sector, the company is steadily advancing its strategic layout around the national "dual carbon" goals, with related businesses gradually becoming new growth points for performance [1]

Core Viewpoint - The company, Yinlong Co., expects a significant increase in net profit for the first three quarters of 2025, projecting a growth of 55% to 75% compared to the same period last year [1] Financial Performance - The projected net profit attributable to the parent company for the first three quarters of 2025 is estimated to be between 261 million yuan and 295 million yuan, an increase of 92.765 million yuan to 126 million yuan year-on-year [1] - The expected net profit after deducting non-recurring gains and losses is forecasted to be between 259 million yuan and 293 million yuan, reflecting a year-on-year increase of 91.928 million yuan to 125 million yuan [1] Business Segments - The company has demonstrated strong performance in its core businesses of prestressed materials and concrete products for rail transit, leveraging its leading advantages in these areas [1] - Strategic breakthroughs in the fields of new energy materials and specialized technologies have injected new momentum into the company's development [1]

Group 1 - The core point of the news is that Yinlong Co., Ltd. has seen a stock price increase of 5.08%, reaching 10.76 CNY per share, with a total market capitalization of 9.225 billion CNY as of September 30 [1] - Yinlong Co., Ltd. specializes in the research, production, and sales of prestressed concrete steel materials, with its main revenue sources being steel wire (43.28%), steel strand (34.93%), and concrete products for rail transit (14.45%) [1] - The company was established on March 17, 1998, and went public on February 27, 2015 [1] Group 2 - Guolian Fund has a significant holding in Yinlong Co., Ltd., with its Guolian Steel A fund (168203) owning 735,800 shares, representing 3.32% of the fund's net value [2] - The Guolian Steel A fund has achieved a year-to-date return of 19.27% and a one-year return of 26.96%, ranking 2873 out of 4220 and 2475 out of 3846 in its category, respectively [2] - The fund's current size is 156 million CNY, and it has reported a floating profit of approximately 382,600 CNY from its investment in Yinlong Co., Ltd. [2] Group 3 - The fund managers of Guolian Steel A are Chen Xinyu and Du Chao, with Chen having a tenure of 6 years and 63 days and Du having a tenure of 1 year and 347 days [3] - Chen's fund has a total asset size of 1.216 billion CNY, with the best return during his tenure being 63.94% and the worst being -19.21% [3] - Du's fund has a total asset size of 2.467 billion CNY, with the best return during his tenure being 58.1% and the worst being -14.54% [3]

Group 1 - The company will hold its second extraordinary general meeting of shareholders in 2025 on October 9, 2025, at 15:00 [1][33] - The meeting will utilize a combination of on-site and online voting methods, with the online voting system provided by the Shanghai Stock Exchange [1][2] - The voting period for the online system will be from 9:15 to 15:00 on the day of the meeting [2] Group 2 - The company plans to change its name from "Tianjin Yinlong Prestressed Materials Co., Ltd." to "Yinlong Group Co., Ltd." to better reflect its strategic focus on dual main businesses [20][26] - The board of directors has approved the name change and the revision of the company's articles of association, which will be submitted for shareholder approval [21][29] - The name change is part of the company's strategy to enhance brand value and align with its growing focus on the rail transit concrete products industry [20][26]

Core Viewpoint - Silver Dragon Co., Ltd. has signed contracts totaling approximately 273 million yuan in the past month, indicating strong business growth and a positive outlook for future performance [1][3][2]. Contract Details - On September 9, 2025, Silver Dragon signed a steel purchase contract worth 165 million yuan with China Railway Shanghai Engineering Bureau Group for the Shijiazhuang to Xiong'an New Area railway project, with a contract duration until December 31, 2028 [2]. - In mid-August, the company signed a labor subcontracting contract worth 108 million yuan for the construction of CRTSⅢ type track slabs for the same railway project [2]. Financial Performance - In the first half of 2025, Silver Dragon achieved revenue of 1.473 billion yuan, a year-on-year increase of 8.85%, and a net profit attributable to shareholders of 172 million yuan, up 70.98% [1][3]. - The gross profit margin reached 24.26%, the highest for the same period in history, reflecting strong profitability [1][7]. Business Segments - The prestressed materials segment generated 1.158 billion yuan in revenue, accounting for 78.58% of total revenue, with a net profit of 130 million yuan, representing a 67.05% increase [4]. - The concrete products for rail transportation segment contributed 213 million yuan in revenue, making up 14.45% of total revenue, with a net profit of 43 million yuan, up 76.69% [4]. Strategic Development - Silver Dragon is focused on dual business drivers: prestressed materials and concrete products for rail transportation, while also expanding into the renewable energy sector [3][6]. - The company has established a production network across key regions in China, enhancing its competitive edge in the market [6]. Innovation and R&D - Silver Dragon has invested significantly in R&D, with expenses increasing steadily over the years, reflecting a commitment to innovation and maintaining a competitive advantage [7]. - The company has developed high-strength prestressed products that break international monopolies, enhancing the stability and lifespan of infrastructure projects [7].