Report for the Third Quarter of 2025 of Nanjing Putian Telecommunications Co., Ltd.
Stock code: 200468 Stock abbreviation: NTX B Announcement No.: 2025-042
Nanjing Putian Telecommunications Co., Ltd.
Report for the Third Quarter of 2025
The Company and all members of the Board of Directors hereby guarantee that the information disclosed is true, accurate and
complete, containing no false records, misleading statements or material omissions.
Important tips:
of the quarterly report, ensure that there are no false records, misleading statements or material omissions, and they will be held
individually and jointly liable for any legal liability that may arise.
(accounting supervisor) declare that they guarantee the truthfulness, accuracy and completeness of the financial information
represented in this quarterly report.
□Yes ?No
I. Main financial data
(I) Main accounting data and financial indicators
Does the Company need to retroactively adjust or restate the accounting data of previous years
□Yes ?No
Amount from the
Amount of the
beginning of the year to
reporting period Amount from the
the end of the reporting
Amount of the increased or decreased beginning of the year
period increased or
reporting period over the same period to the end of the
decreased over the
of the previous year reporting period
same period of the
(%)
previous year
Operating revenue (yuan) 144,783,524.12 -7.95% 451,097,642.77 -10.90%
Net profit attributable to
shareholders of the listed -8,025,274.43 29.36% -15,178,475.72 27.09%
company (yuan)
Net profit attributable to
shareholders of the listed
company after deducting -11,622,416.10 -1.03% -19,031,858.46 18.67%
non-recurring gains and
losses (yuan)
Report for the Third Quarter of 2025 of Nanjing Putian Telecommunications Co., Ltd.
Net cash flow from
— — -171,034,593.40 -3.67%
operating activities (yuan)
Basic earnings per share
-0.037 29.57% -0.071 26.80%
(yuan/share)
Diluted earnings per share
-0.037 29.57% -0.071 26.80%
(yuan/share)
Weighted average return
-127.58% -189.28% -224.47% -418.34%
on net assets
Amount at the end of the reporting period
Amount at the end of Amount at the end of
increased or decreased over the end of the
the reporting period the previous year
previous year (%)
Total assets (yuan) 684,250,210.34 838,023,763.76 -18.35%
Owners' equity attributable
to shareholders of the 2,534,798.34 14,351,013.02 -82.34%
listed company (yuan)
(II) Non-recurring profit and loss items and amounts
?Applicable □Not applicable
Unit: yuan
Amount from the beginning of
Amount of the reporting
Item the year to the end of the Remarks
period
reporting period
Profits and losses on disposal of non-
current assets (including the write-off
part of the provision for impairment of
assets)
Government subsidies included in the
current profits and losses (except those
closely related to the Company's normal
business operations, and those
conforming to national policies, enjoyed
according to certain standards, and
having a continuous impact on the
Company's profits and losses)
Reversal of impairment provision for
accounts receivable separately tested for 64,531.61 82,252.78
impairment
Profit and loss of debt restructuring 337,555.28 480,166.03
Other non-operating revenue and
expenses other than the above items
Less: Affected amount of revenue tax 226,054.92 291,114.37
Affected amount of minority
shareholders' equity (after tax)
Total 3,597,141.67 3,853,382.74 --
Details of other profit and loss items that comply with the definition of non-recurring profit and loss:
□Applicable ?Not applicable
The Company had no other profit and loss items that comply with the definition of non-recurring profit and loss
Explanation of defining the non-recurring profit and loss items listed in the Explanatory Announcement No.1 on Information
Disclosure by Companies with Public Securities Offerings - Non-recurring Profits and Losses as recurring profit and loss items
□Applicable ?Not applicable
The Company does not define the non-recurring profit and loss items listed in the Explanatory Announcement No.1 on
Information Disclosure by Companies with Public Securities Offerings - Non-recurring Profits and Losses as recurring profit and
loss items.
Report for the Third Quarter of 2025 of Nanjing Putian Telecommunications Co., Ltd.
(III) Changes in major accounting data and financial indicators and the reasons
?Applicable □Not applicable
During the reporting period, the net profit attributable to shareholders of the listed company improved, with the
loss narrowing by 29.36% compared to the same period of the previous year. This improvement was primarily
due to the Company’s focus on its principal responsibilities and core businesses, proactive expansion into key
industry markets, and stringent cost and expense controls to reduce costs and enhance efficiency.
The weighted average return on net assets in the reporting period decreased by 189.28% compared to the same
period of the previous year, mainly due to the negative net assets at the end of the same period of the previous
year.
For the period from the beginning of the year to the end of the reporting period, the weighted average return on
net assets decreased by 418.34% compared to the same period of the previous year, mainly due to the negative
net assets at the end of the same period of the previous year.
At the end of the reporting period, the owners' equity attributable to shareholders of the listed company
decreased by 82.34% compared to the end of the previous year, mainly due to operating losses.
II. Information about shareholders
(I) Total number of ordinary shareholders, number of preferred shareholders whose voting rights are
restored, and the shareholding status of the top ten shareholders
Unit: share
Total number of common
Total number of preferred shareholders whose voting
shareholders at the end of the 6,992 0
rights were restored at the end of the reporting period
reporting period
Shareholding of the top 10 shareholders (excluding shares lent through refinancing)
Number of non- Pledge, marking or freezing
Shareholder Type of Shareholding Number of shares
tradable shares
name shareholder ratio held Shares status Quantity
held
CETC Glarun State-owned
Group Co., Ltd. legal person
Natural person
He Wei 1.87% 4,009,800.00 0 Not applicable 0
in China
Shenwan
Hongyuan Overseas legal
Securities (H.K.) person
Ltd.
Natural person
Zheng Enyue 1.14% 2,449,739.00 0 Not applicable 0
in China
Natural person
Gu Jinhua 0.87% 1,871,371.00 0 Not applicable 0
in China
China
Merchants Overseas legal
Securities (HK) person
Co., Ltd.
UOB KAY
HIAN (HONG Overseas legal
KONG) person
LIMITED
Natural person
Wu Wenhui 0.62% 1,340,000.00 0 Not applicable 0
in China
Natural person
Chen Rulei 0.58% 1,255,500.00 0 Not applicable 0
in China
Report for the Third Quarter of 2025 of Nanjing Putian Telecommunications Co., Ltd.
Natural person
Li Mingling 0.55% 1,177,400.00 0 Not applicable 0
in China
Shareholding of the top 10 tradable share holders (excluding shares lent through refinancing and shares locked by senior
executives)
Type and quantity of shares
Shareholder name Number of listed and tradable shares held
Type of shares Quantity
Domestic listed
He Wei 4,009,800.00 4,009,800.00
foreign shares
Shenwan Hongyuan Securities Domestic listed
(H.K.) Ltd. foreign shares
Domestic listed
Zheng Enyue 2,449,739.00 2,449,739.00
foreign shares
Domestic listed
Gu Jinhua 1,871,371.00 1,871,371.00
foreign shares
China Merchants Securities (HK) Domestic listed
Co., Ltd. foreign shares
UOB KAY HIAN (HONG Domestic listed
KONG) LIMITED foreign shares
Domestic listed
Wu Wenhui 1,340,000.00 1,340,000.00
foreign shares
Domestic listed
Chen Rulei 1,255,500.00 1,255,500.00
foreign shares
Domestic listed
Li Mingling 1,177,400.00 1,177,400.00
foreign shares
Domestic listed
Peng Hexin 1,168,800.00 1,168,800.00
foreign shares
Among the above-mentioned shareholders, CETC Glarun Group Co., Ltd.
Description of the above-mentioned shareholders' was not related to other shareholders and was not a party acting in concert.
association or concerted actions The Company did not know whether other shareholders were related to
each other or were parties acting in concert.
Explanation of top 10 shareholders participating in
margin financing and securities lending business (if N/A
any)
Note: As of the end of the reporting period, the special securities repurchase account of Nanjing Putian Telecommunications Co.,
Ltd. held 2,099,752 tradable shares, accounting for 0.98% of the Company's total shares.
Participation in share lending through refinancing business by shareholders holding more than 5% of shares, the top 10
shareholders, and the top 10 holders of unlimited tradable shares
□Applicable ?Not applicable
Changes occurred since the last period due to share lending/returning through refinancing business by the top 10 shareholders and
the top 10 holders of unlimited tradable shares
□Applicable ?Not applicable
(II) Total number of preferred shareholders of the Company and the shareholding status of the top 10
preferred shareholders
□Applicable ?Not applicable
III. Other significant matters
□Applicable ?Not applicable
Report for the Third Quarter of 2025 of Nanjing Putian Telecommunications Co., Ltd.
IV. Quarterly financial statements
(I) Financial statements
Prepared by: Nanjing Putian Telecommunications Co., Ltd.
September 30, 2025
Unit: yuan
Item Closing balance Opening balance
Current assets:
Monetary capital 76,520,977.66 292,600,989.80
Settlement reserve
Lending funds
Trading financial assets
Derivative financial assets
Notes receivable 7,916,407.06 542,048.95
Accounts receivable 372,370,138.25 293,535,326.34
Financing with accounts receivable 9,248,249.20 34,520,299.04
Prepayments 6,621,106.70 2,227,763.86
Premium receivable
Reinsurance accounts receivable
Provision for reinsurance contract
receivable
Other receivables 8,350,685.41 6,859,962.77
Including: interest receivable
Dividend receivable
Financial assets bought for resale
Inventories 85,135,733.24 87,136,190.30
Including: Data resources
Contract assets
Assets held for sale
Non-current assets due within one year
Other current assets 3,428,021.21 1,226,580.06
Total current assets 569,591,318.73 718,649,161.12
Non-current assets:
Loans and advances
Investments in bonds
Other investments in bonds
Long-term receivables
Long-term equity investment 10,412,571.93 10,412,683.37
Other equity instrument investments 741,953.00 741,953.00
Other non-current financial assets
Investment real estate 5,130,396.42 5,547,238.47
Fixed assets 82,186,229.00 85,757,024.11
Construction in progress
Productive biological assets
Oil and gas assets
Right-of-use assets 2,252,336.80 2,447,793.04
Intangible assets 11,334,238.84 11,672,324.70
Including: Data resources
Development expenditure
Including: Data resources
Goodwill
Long-term unamortized expenses 2,601,165.62 2,076,305.95
Report for the Third Quarter of 2025 of Nanjing Putian Telecommunications Co., Ltd.
Deferred income tax assets 0.00 0.00
Other non-current assets 0.00 719,280.00
Total non-current assets 114,658,891.61 119,374,602.64
Total assets 684,250,210.34 838,023,763.76
Current liabilities:
Short loan 95,138,001.75 128,127,987.75
Loans from the central bank
Loans from other banks
Trading financial liabilities
Derivative financial liabilities
Notes payable 7,219,108.60 10,122,225.75
Accounts payable 273,124,613.88 349,342,179.21
Accounts received in advance 236,005.32
Contract liability 9,411,873.27 24,794,919.13
Financial assets sold under repurchase
agreements
Deposits from customers and
interbank
Receivables from vicariously traded
securities
Receivables from vicariously sold
securities
Employee remuneration payable 12,678,737.21 17,066,962.98
Taxes payable 293,193.79 8,459,692.52
Other payables 48,922,337.35 41,918,074.35
Including: interest payable
Dividend payable 11,044,600.00
Service charges and commissions
payable
Reinsurance accounts payable
Liabilities held for sale
Non-current liabilities due within one
year
Other current liabilities 882,145.34 3,125,042.32
Total current liabilities 534,741,808.91 671,253,748.76
Non-current liabilities:
Insurance contract reserves
Long-term loans 70,000,000.00 70,000,000.00
Bonds payable
Including: Preferred shares
Perpetual bond
Lease liabilities 840,373.96 840,373.96
Long-term payables
Long-term remuneration payable
Estimated liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 70,840,373.96 70,840,373.96
Total liabilities 605,582,182.87 742,094,122.72
Owners' equity:
Share capital 215,000,000.00 215,000,000.00
Other equity instruments
Including: preferred shares
Perpetual bond
Capital reserves 201,318,128.62 197,955,867.58
Less: Treasury shares 2,995,076.96 2,995,076.96
Other comprehensive income -1,854,910.00 -1,854,910.00
Report for the Third Quarter of 2025 of Nanjing Putian Telecommunications Co., Ltd.
Special reserves
Surplus reserves 589,559.77 589,559.77
Provision for general risks
Undistributed profits -409,522,903.09 -394,344,427.37
Total owners' equity attributable to
parent company
Minority shareholders' equity 76,133,229.13 81,578,628.02
Total owners' equity 78,668,027.47 95,929,641.04
Total liabilities and owners' equity 684,250,210.34 838,023,763.76
Legal representative: Shen Xiaobing Person in charge of accounting: Zhang Jie Person in charge of accounting institution: Zhang
Jingxia
reporting period
Unit: yuan
Item Amount in the current period Amount in the previous period
I. Total operating revenue 451,097,642.77 506,270,411.34
Including: operating revenue 451,097,642.77 506,270,411.34
Interest income
Premiums earned
Income from service charges
and commissions
II. Total operating costs 465,337,287.44 523,892,432.95
Including: operating costs 358,298,743.21 390,362,856.92
Interest expense
Expenses for service charges
and commissions
Surrender
Net payments for insurance
claims
Net amount withdrawn for
insurance liability reserves
Bond insurance expense
Reinsurance costs
Taxes and surcharges 2,147,114.00 3,322,944.49
Sales expenses 42,060,834.41 54,749,234.54
Management expenses 34,377,056.40 42,643,699.01
Research and development
expenses
Financial expenses 6,305,190.37 6,842,997.80
Including: Interest expense 6,378,045.35 7,332,903.68
Interest income 348,233.09 568,499.39
Plus: Other income 3,138,366.98 2,843,971.32
Investment income (“-” for
losses)
Including: Income from
investment in associated enterprises and
joint ventures
Income from
derecognition of financial assets
measured at amortized cost
Exchange profits ("-" for losses)
Income from net exposure
Report for the Third Quarter of 2025 of Nanjing Putian Telecommunications Co., Ltd.
hedging (“-” for losses)
Income from changes in fair
value (“-” for losses)
Credit impairment losses ("-" for
-996,808.61 1,171,120.30
losses)
Asset impairment losses ("-" for
-1,497.98
losses)
Asset disposal income ("-" for
-16,680.80 -468.86
losses)
III. Operating profit ("-" for losses) -11,634,712.51 -12,507,599.94
Plus: Non-operating revenue 2,991,841.76 2,962,430.59
Less: Non-operating expenditure 270,903.48 1,405,722.30
IV. Total profit ("-” for total losses) -8,913,774.23 -10,950,891.65
Less: Income tax expense 928,588.44 2,376,869.14
V. Net profit (“-” for net losses) -9,842,362.67 -13,327,760.79
(I) Classification by business
continuity
-9,842,362.67 -13,327,760.79
operations (“-” for net losses)
operation (“-” for net losses)
(II) Classification by ownership
shareholders of the parent company (“-” -15,178,475.72 -20,818,714.86
for net losses)
shareholders ("-" for net losses)
VI. Net after-tax amount of other
comprehensive income
Net after-tax amount of other
comprehensive income attributable to the
owner of the parent company
(I) Other comprehensive income
that cannot be reclassified into profits
and losses in the future
defined benefit plans
that cannot be transferred to profits and
losses under the equity method
equity instruments
Company’s credit risks
(II) Other comprehensive income
that can be reclassified into profits and
losses in the future
that can be transferred to profits and
losses under the equity method
investments in bonds
reclassified into other comprehensive
income
the other investments in bonds
translation of foreign currency financial
statements
Net after-tax amount of other
Report for the Third Quarter of 2025 of Nanjing Putian Telecommunications Co., Ltd.
comprehensive income attributable to
minority shareholders
VII. Total comprehensive income -9,842,362.67 -13,327,760.79
(I) Total comprehensive income
attributable to owners of the parent -15,178,475.72 -20,818,714.86
company
(II) Total comprehensive income
attributable to minority shareholders
VIII. Earnings per share:
(I) Basic earnings per share -0.071 -0.097
(II) Diluted earnings per share -0.071 -0.097
For a consolidation of enterprises under the same control, the net profit realized by the consolidated enterprise before the
consolidation was XXX yuan, and XXX yuan for the prior period.
Legal representative: Shen Xiaobing Person in charge of accounting: Zhang Jie Person in charge of accounting institution: Zhang
Jingxia
reporting period
Unit: yuan
Item Amount in the current period Amount in the previous period
I. Cash flow from operating activities:
Cash received from selling goods and
providing labor services
Net increase in customer deposits and
interbank deposits
Net increase in borrowings from the
central bank
Net increase in funds borrowed from
other financial institutions
Cash received from the original
insurance contract premium
Net cash received from reinsurance
operations
Net increase in policyholder deposits
and investment funds
Cash received from interests, service
charges and commissions
Net increase in borrowed funds
Net increase in repurchase funds
Net cash received from securities
trading brokerage business
Refund of tax and levies 1,317,070.23 1,936,263.82
Cash received relating to other
operating activities
Subtotal of cash inflow from operating
activities
Cash paid for purchasing goods and
receiving labor services
Net increase in customer loans and
advances
Net increase in deposits with central
bank and interbank
Cash for paying original insurance
contract compensation
Net increase in lending funds
Cash for paying interests, service
charges and commissions
Report for the Third Quarter of 2025 of Nanjing Putian Telecommunications Co., Ltd.
Cash for paying policy dividends
Cash paid to and for employees 100,635,750.19 113,614,822.54
Various taxes paid 24,226,124.89 23,602,428.35
Payment of other payments related to
business activities
Subtotal of cash outflow from operating
activities
Net cash flow from operating activities -171,034,593.40 -164,984,109.16
II. Cash Flow from Investing Activities:
Cash from disinvestment
Cash from investment income
Net cash received from disposal of
fixed assets, intangible assets and other 15,500.00 40.00
long-term assets
Net cash received from disposal of
subsidiaries and other business entities
Cash received from other investment
related activities
Subtotal of cash inflow from investing
activities
Cash paid for the purchase and
construction of fixed assets, intangible 2,160,623.00 1,080,085.68
assets and other long-term assets
Cash paid for investment
Net increase in pledged loans
Net cash paid to obtain subsidiaries
and other business entities
Cash paid for other investment related
activities
Subtotal of cash outflow from investing
activities
Net cash flow from investing activities -2,145,123.00 -4,689,984.15
III. Cash flow from financing activities:
Cash received from accepting
investment
Including: cash received by
subsidies from minority shareholders'
investments
Cash received from borrowings 95,138,001.75 138,426,680.27
Cash from other financing related
activities
Subtotal of cash inflow from financing
activities
Cash paid for debt repayment 128,000,000.00 64,547,019.95
Cash paid for distributing dividends,
profits or paying interest
Including: dividends and profits
paid by subsidiaries to minority
shareholders
Cash paid for other financing related
activities
Subtotal of cash outflow from financing
activities
Net cash flow from financing activities -40,871,752.78 57,152,861.85
IV. Impacts of exchange rate changes on
-2,715.47
cash and cash equivalents
V. Net Increase in cash and cash
-214,054,184.65 -112,521,231.46
equivalents
Plus: Balance of cash and cash
equivalents at the beginning of the period
VI. Cash and cash equivalents at end of
year
Report for the Third Quarter of 2025 of Nanjing Putian Telecommunications Co., Ltd.
(II) Initial implementation of the new accounting standards in 2025: Adjustments of
relevant items in the financial statements at the beginning of the year
□Applicable ?Not applicable
(III) Audit report
Has the financial accounting report for the third quarter been audited?
□Yes ?No
The financial accounting report for the third quarter has not been audited.
Board of Directors of Nanjing Putian Telecommunications Co., Ltd.
October 29, 2025
首页
微信公众号
证券之星APP
