Core Insights - The report highlights the trend of the logistics industry shifting from quantity competition to quality development, driven by the "anti-involution" movement, which aims to improve profitability and service quality [8][10] - The company has adjusted its business volume guidance for the year to 38.2-38.7 billion pieces, reflecting a year-on-year growth of 12.3%-13.8%, down from the previous guidance of 38.8-40.1 billion pieces [8][10] - The company's single ticket revenue has shown a slight increase of 1.7% year-on-year, reaching 1.21 yuan per ticket, indicating a recovery in revenue despite previous declines [9][10] Company Performance - In Q3 2025, the company achieved a business volume of 9.573 billion pieces, a year-on-year increase of 9.8%, while its market share decreased by 0.6 percentage points to 19.4% [8] - The adjusted net profit for Q3 was 2.506 billion yuan, reflecting a year-on-year growth of 5.0% [8] - The company reported a decrease in single ticket core costs by 0.04 yuan, with transportation costs dropping from 0.39 yuan to 0.34 yuan, contributing to improved profitability [9][10] Industry Trends - The logistics industry is experiencing a decline in overall volume growth, with industry growth rates dropping from 12.7% in September to 7.9% in October [8] - The report notes that the "Double Eleven" shopping festival saw lower-than-expected volume growth, further impacting industry dynamics [8] - The focus on quality over quantity is expected to continue, with the company anticipating a decline in volume growth but an increase in single ticket profitability in Q4 [10]

Core Points - The company announced that the first phase of its employee stock ownership plan will expire on May 27, 2026 [2] - As of the announcement date, the first phase of the employee stock ownership plan holds 21,240,000 shares, accounting for 1.78% of the company's total share capital [2]

证券代码：002392 证券简称：北京利尔 公告编号： 2025-049 北京利尔高温材料股份有限公司 关于第一期员工持股计划存续期即将届满的提示性公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 北京利尔高温材料股份有限公司（以下简称"北京利尔"、"公司"）第一 期员工持股计划股票存续期将于2026年5月27日届满，根据中国证监会《关于上 市公司实施员工持股计划试点的指导意见》、《深圳证券交易所上市公司自律监 管指引第1号——主板上市公司规范运作》等相关规定，现将第一期员工持股计 划股票存续期届满前的相关情况公告如下： 本员工持股计划的股份来源为公司回购专用账户回购的北京利尔 A 股普通 股股票。2021 年 5 月 27 日，公司收到中国证券登记结算有限责任公司深圳分公 司出具的《证券过户登记确认书》，公司回购专用证券账户所持有的 23,600,000 股股票（占公司总股本的 1.98%）已于 2021 年 5 月 26 日非交易过户至"北京利 1 尔高温材料股份有限公司-第一期员工持股计划"证券专用账户。《关于第一期 员工持股计划完成股票过户的公告》 ...

Group 1 - The core viewpoint of the news is that Beijing Lier has shown significant stock performance and financial growth in 2023, with a notable increase in share price and market activity [1][2]. - As of November 14, Beijing Lier's stock price increased by 2.01% to 8.12 CNY per share, with a total market capitalization of 9.667 billion CNY [1]. - The company has experienced a year-to-date stock price increase of 73.21%, with a recent 5-day increase of 1.12% and a 20-day decrease of 8.56% [1]. Group 2 - Beijing Lier, established on November 8, 2000, specializes in the production and sales of industrial refractory materials, with a business model that includes comprehensive online services for high-temperature kiln materials [2]. - The company's revenue composition includes 61.89% from overall contracting of refractory materials, 27.40% from direct sales, and 10.71% from refractory material direct sales [2]. - For the period from January to September 2025, Beijing Lier reported a revenue of 5.446 billion CNY, reflecting a year-on-year growth of 9.16%, and a net profit attributable to shareholders of 348 million CNY, up 12.28% year-on-year [2]. Group 3 - Since its A-share listing, Beijing Lier has distributed a total of 444.5 million CNY in dividends, with 154 million CNY distributed over the past three years [3].

Core Points - The company held its second extraordinary general meeting of shareholders in 2025 on November 5, 2025, with no proposals being rejected during the meeting [1][2]. Group 1: Meeting Details - The meeting was conducted both in-person and via online voting, with the in-person meeting held at the company's facility in Luoyang, Henan Province [4]. - A total of 323 shareholders or their representatives attended the meeting, representing 395,145,286 shares with voting rights, which is 33.1918% of the total voting shares [5][6]. Group 2: Voting Results - The following proposals were approved during the meeting: - The amendment to the company's articles of association received 394,505,386 votes in favor, accounting for 99.8381% of the valid votes [8]. - The amendment to the rules of procedure for shareholder meetings was approved with 391,005,415 votes in favor, representing 98.9523% [9]. - The amendment to the rules of procedure for board meetings was passed with 391,024,215 votes in favor, which is 98.9571% [10]. - The amendment to the related party transaction management system was approved with 391,038,315 votes in favor, accounting for 98.9606% [11]. - The amendment to the fundraising management measures received 391,038,215 votes in favor, representing 98.9606% [13]. - The amendment to the cumulative voting implementation rules was approved with 391,011,515 votes in favor, which is 98.9539% [14]. - The amendment to the salary management measures for directors and senior management was passed with 394,366,086 votes in favor, accounting for 99.8028% [15]. Group 3: Legal Opinion - The meeting's procedures and resolutions were confirmed to be in compliance with relevant laws and regulations by the law firm Beijing Junzhi Law Firm, ensuring the legality and validity of the meeting's resolutions [16].

Core Points - The company announced the resignation of non-independent director Gao Song due to board structure adjustments [2] - Gao Song's term as a non-independent director was originally set to last until the end of the sixth board term [2] - The company will hold a staff representative meeting on November 5, 2025, to elect Gao Song as a staff representative director for the sixth board [2]

北京利尔高温材料股份有限公司（以下简称"公司"）于2025年11月5日召 开2025年第二次临时股东会，审议通过了《关于修订<公司章程>的议案》，根据 修订后的《公司章程》规定，公司设职工代表董事1名，由公司职工代表大会民 主选举产生。 一、关于非独立董事辞职的情况 公司于近日收到非独立董事高耸先生提交的书面辞职报告，因公司董事会结 构调整，高耸先生辞去公司第六届董事会非独立董事职务，其非独立董事职务原 定任期至公司第六届董事会届满。 二、关于选举职工代表董事的情况 根据《公司法》《公司章程》等有关规定，公司于2025年11月5日召开职工 代表大会，同意选举高耸先生担任公司第六届董事会职工代表董事，任期自职工 代表大会选举通过之日起至公司第六届董事会届满。 证券代码：002392 证券简称：北京利尔 公告编号： 2025-048 北京利尔高温材料股份有限公司 关于非独立董事辞职暨选举职工代表董事的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 北京利尔高温材料股份有限公司 1 董事会 高耸先生持有公司股份 127,800 股，与公司实际控制人以及其他董事 ...

法律意见书 君致法字 2025305 号 北京市君致律师事务所（以下简称"本所"）接受北京利尔高温材料股份有 限公司（以下简称"公司"）的委托，指派律师出席了公司于 2025 年 11 月 5 日召开的 2025 年第二次临时股东会（以下简称"本次股东会"）。 在审查有关文件的过程中，公司保证，其向本所提交的文件和所做的说明是 真实的、准确的、完整的，并已提供出具本法律意见书所必需的文件材料或口头 证言，并保证其所提供的有关副本材料或复印件与正本或原件一致。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上 市公司股东会规则》（以下简称"《规则》"）以及《北京利尔高温材料股份有 限公司章程》（以下简称"《公司章程》"）的要求，按照律师行业公认的业务 标准、道德规范和勤勉尽责精神，对本次股东会的召集与召开程序、出席会议人 员资格、召集人资格、会议表决程序和表决结果等重要事项进行核查和验证，并 据此发表法律意见如下： 一、本次股东会的召集、召开程序 北京市君致律师事务所 关于北京利尔高温材料股份有限公司 2025 年第二次临时股东会的 致：北京利尔高温材料股份有限公司 出席本次股东会现场的股东 ...

证券代码：002392 证券简称：北京利尔 公告编号：2025-047 北京利尔高温材料股份有限公司 2025年第二次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东会未出现否决提案的情形； 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 1、会议召开时间： （1）现场会议召开时间：2025 年 11 月 5 日下午 15:00。 （2）网络投票时间： 2025 年 11 月 5 日，其中： ①通过深圳证券交易所交易系统进行投票的具体时间为：2025 年 11 月 5 日 的交易时间，即 9:15—9:25,9:30—11:30 和 13:00—15:00； ②通过互联网投票系统投票的时间为：2025 年 11 月 5 日 9:15—15:00。 2、召开方式：现场投票与网络投票相结合的表决方式 3、召开地点：河南省洛阳市伊川县产业集聚区洛阳利尔功能材料有限公司 三楼会议室 4、召集人：公司第六届董事会 5、主持人：公司董事长赵伟先生 二、会议的出席情况 参加本次股东会的股东或股东代理人共计 ...

Core Viewpoint - Beijing Lier's stock price has shown significant volatility, with a year-to-date increase of 70.86%, but a recent decline of 17.42% over the past 20 days, indicating potential market fluctuations and investor sentiment changes [1][2]. Company Overview - Beijing Lier High-Temperature Materials Co., Ltd. was established on November 8, 2000, and went public on April 23, 2010. The company specializes in the production and sales of refractory materials for various industries, including steel, non-ferrous metals, petrochemicals, and construction materials [2]. - The company's main business revenue composition includes: 61.89% from overall contracting of refractory materials, 27.40% from direct sales, and 10.71% from refractory material direct sales [2]. - As of September 30, the number of shareholders increased to 43,200, with an average of 26,461 circulating shares per person, reflecting a slight decrease of 2.35% [2]. Financial Performance - For the period from January to September 2025, Beijing Lier achieved an operating income of 5.446 billion yuan, representing a year-on-year growth of 9.16%. The net profit attributable to shareholders was 348 million yuan, with a year-on-year increase of 12.28% [2]. - The company has distributed a total of 444.5 million yuan in dividends since its A-share listing, with 154 million yuan distributed over the past three years [3].