Core Insights - Recently, Weisheng Supply Chain (Hunan) Co., Ltd. was established with a registered capital of 50 million RMB [1] - The legal representative of the company is Wang Za, and its business scope includes supply chain management services, import and export agency, information consulting services, and general cargo warehousing services [1] - Weisheng Supply Chain is wholly owned by Weijia Creation Co., Ltd., which also holds stakes in Weisheng Group Co., Ltd. and Weisheng Information Technology Co., Ltd. [1]

Core Insights - The article highlights the growth and transformation of Weisheng Holdings, emphasizing its commitment to innovation and technology in response to national directives from President Xi Jinping [3][4][5][12]. Company Development - Weisheng Holdings has evolved from a traditional manufacturing setup to a smart manufacturing center, significantly increasing production efficiency through digital transformation [5][6]. - The company has seen its research and development investment rise from 6% to nearly 9% of sales, resulting in over 2,000 effective patents [11][12]. Innovation and Technology - Weisheng has introduced several innovative products, including the first domestic 0.1S-level electric meter, which can significantly reduce electricity loss in power plants [12]. - The company is expanding its strategic focus from electric metering to smart power distribution, energy IoT, and smart cities, positioning itself as a high-tech enterprise with comprehensive R&D capabilities [13]. International Expansion - Weisheng's overseas revenue share has increased from less than 5% to 30%, with products now sold in over 70 countries and regions [18][20]. - The company has established factories in Hungary and Indonesia, enhancing its global footprint and aiming for 50% of revenue to come from international markets in the future [20][21]. Employee Development - Weisheng has implemented a growth system for employees that includes skill training and personal development, contributing to a culture of continuous improvement and innovation [9][11]. - Employees like Zhang Shihong have advanced from production roles to management positions, reflecting the company's commitment to nurturing talent and adapting to technological changes [10][23].

致：香港交易及結算所有限公司 公司名稱: 威勝控股有限公司 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | | | 呈交日期: 2025年10月31日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03393 | 說明 | 不適用 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 100,000,000,000 | HKD | | 0.01 | HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 100,000,000,000 | HKD | | 0.01 | HKD | | 1,000,000,000 | 本月底法定/註冊股本總額： H ...

Core Insights - Weisheng Holdings (03393) reported a revenue of 2.112 billion RMB for the nine months ending September 30, 2025, representing an 8.8% year-on-year increase [1] - The net profit attributable to equity holders of Weisheng Information Technology was 474 million RMB, reflecting a year-on-year increase of 12.24% [1]

Group 1 - The core viewpoint of the article highlights the financial performance of Weisheng Holdings, reporting a revenue of 2.112 billion RMB for the nine months ending September 30, 2025, which represents an 8.8% year-on-year increase [1] - Weisheng Information Technology's net profit attributable to equity holders reached 474 million RMB, reflecting a year-on-year increase of 12.24% [1]

Core Insights - Weisheng Holdings (03393.HK) reported a revenue of RMB 2.112 billion for the nine months ending September 30, 2025, representing a year-on-year growth of 8.80% [1] - The net profit attributable to equity holders of Weisheng Information Technology was RMB 474 million, reflecting a year-on-year increase of 12.24% [1] Financial Performance - Revenue for the period was RMB 2.112 billion, up 8.80% compared to the previous year [1] - Net profit attributable to equity holders reached RMB 474 million, marking a 12.24% increase year-on-year [1]

（ 於開曼群島註冊成立之有限公司） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失 承擔任何責任。 （股份代號︰3393） 威勝信息技術股份有限公司 截至二零二五年九月三十日止九個月 的未經審核財務資料 以下載列威勝信息技術股份有限公司（「威勝信息技術」）截至二零二五年九月三十日止九個 月的主要未經審核財務資料。威勝信息技術於二零二五年九月三十日乃由威勝控股有限公 司（「本公司」）擁有約59.55%權益，其業績納入本公司財務報表。威勝信息技術股份於上海 證券交易所科創板上市。 | | 截至 | 截至 | | | --- | --- | --- | --- | | | 二零二五年 | 二零二四年 | | | | 九月三十日 | 九月三十日 | | | | 止九個月 | 止九個月 | 變動 | | | 人民幣千元 | 人民幣千元 | % | | 收入 | 2,111,980.98 | 1,941,228.19 | 8.80 | | 溢利 | 474,188.19 | 42 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損 失承擔任何責任。 （ 於開曼群島註冊成立的有限公司） （股份代號：3393） 海外監管公告 本海外監管公告乃根據香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第 13.10B條刊發。 請參閱隨附威勝信息技術股份有限公司（「威勝信息」）於上海證券交易所科創板（「科創板」） 刊 發 之 公 告（「 該 公 告 」）， 內 容 有 關 其 截 至 二 零 二 五 年 九 月 三 十 日 止 九 個 月 之 未 經 審 核 業 績。 威勝信息為一家於科創板上市之公司。於本公告日期，本公司持有威勝信息已發行股本約 59.55%及其業績與本公司財務業績綜合入賬。 於 聯 交 所 網 站 登 載 該 公 告 ， 僅 為 向 香 港 投 資 者 進 行 同 等 的 資 訊 傳 達 及 遵 守 上 市 規 則 第 13.10B條，別無其他目的。 承董事會命 威勝控股有限公司 主席 吉為 香港，二零二五年十月二十三日 於本 ...

Stock Options - The total number of stock options available for grant under the stock option plan as of January 1, 2024, and December 31, 2024, is 101,688,167[4] - The total number of shares available for issuance under the stock option plan represents approximately 10.21% of the company's issued shares as of the date of the 2024 annual report[4]

Core Viewpoint - The company is positioned to benefit from the global rise of the AI industry, which is driving increased electricity demand in data centers, thus expanding its smart distribution business [1][2] Group 1: Market Opportunity - The target price for the company has been raised from HKD 11.65 to HKD 17.40, reflecting a 39.3% upside potential based on a 13.0x FY26 target P/E ratio [1] - The International Energy Agency (IEA) projects that global electricity consumption by data centers will increase by approximately 127.7% from an estimated 415 TWh in 2024 to a forecasted 945 TWh by 2030 [1] - The electricity consumption of data centers in China and the U.S. is expected to grow by about 170% and 130%, respectively, reaching approximately 420 TWh and 275 TWh by 2030, together accounting for over 70% of the global forecast [1] Group 2: Business Expansion - Data center clients are driving the expansion of the company's smart distribution business, with significant collaborations with Siemens and Global Data [2] - The company's smart distribution business is projected to have a compound annual growth rate (CAGR) of 24.7% in revenue and 26.0% in gross profit from FY24 to FY27, surpassing the overall company growth rates of 19.6% and 21.2% [2] - The contribution of smart distribution to total revenue and gross profit is expected to increase from 33.3% and 24.9% in FY24 to 37.7% and 27.9% in FY27, respectively [2]