Core Insights - The company, Geling Deep Vision, reported a significant revenue increase of 453.28% for Q3 2025, with revenue reaching 51.76 million yuan [1] - Despite the revenue growth, the company incurred a net loss of 47.49 million yuan in Q3 2025 [1] - For the first three quarters of 2025, the company achieved a total revenue of 94.43 million yuan, reflecting a year-on-year growth of 55.33%, while the net loss amounted to 127 million yuan [1]

格隆汇10月28日丨格灵深瞳(688207.SH)发布三季报，2025年前三季度实现营业总收入9422.9万元，同比 增长55.33%；归属母公司股东净利润-1.27亿元，较上年同期亏损减少1028.09万元；基本每股收益为-0.5 元。 ...

（记者 王晓波） 每经AI快讯，格灵深瞳（SH 688207，收盘价：15.72元）10月28日晚间发布三季度业绩公告称，2025年 前三季度营收约9423万元，同比增加55.33%；归属于上市公司股东的净利润亏损约1.27亿元；基本每股 收益亏损0.5元。 截至发稿，格灵深瞳市值为41亿元。 每经头条（nbdtoutiao）——A股突破4000点！十年沉寂终迎爆发，科技主线重塑市场，"慢牛"新格局开 启！ ...

Revenue and Profitability - The company's revenue for the third quarter reached ¥51,756,141.04, representing a year-on-year increase of 453.28%[2] - The total profit for the quarter was -¥50,391,692.51, with a net profit attributable to shareholders of -¥47,487,918.52[2] - Total operating revenue for the first three quarters of 2025 reached ¥94,228,971.38, a significant increase from ¥60,664,318.37 in the same period of 2024, representing a growth of approximately 55.4%[18] - The net loss for the first three quarters of 2025 was ¥130,960,033.96, slightly improved from a net loss of ¥137,506,031.44 in 2024, indicating a reduction in losses of approximately 4.0%[19] - The company’s total comprehensive loss for the first three quarters of 2025 was -¥131,130,977.47, compared to -¥137,313,122.61 in 2024, showing an improvement of about 4.5%[19] Research and Development - Research and development (R&D) expenses amounted to ¥38,782,435.30, accounting for 74.93% of the revenue, a decrease of 419.44 percentage points compared to the previous year[3] - The company is focused on optimizing R&D project efficiency, leading to a reduction in R&D personnel costs despite increased revenue[7] - Research and development expenses for the first three quarters of 2025 were ¥106,827,338.47, down from ¥140,013,513.48 in 2024, showing a decrease of about 23.5%[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,117,956,769.88, down 8.62% from the end of the previous year[3] - The company reported a total asset value of ¥2,117,956,769.88 as of the end of the reporting period, compared to ¥2,317,640,088.10 in the previous year, indicating a decrease of approximately 8.6%[16] - Total liabilities decreased to ¥147,311,829.13 in 2025 from ¥221,928,465.91 in 2024, representing a reduction of about 33.5%[16] - The company's equity attributable to shareholders decreased to ¥1,914,680,749.26 from ¥2,036,129,040.93, reflecting a decline of approximately 6.0%[16] Cash Flow - The cash flow from operating activities for the year-to-date was -¥165,684,781.75, indicating increased cash outflows for purchases and services[2] - The net cash flow from operating activities for the first three quarters of 2025 was -¥165,684,781.75, compared to -¥118,682,760.45 in the same period of 2024, indicating a decline in cash flow[22] - The company reported a total cash outflow from operating activities of ¥267,869,476.30 for the first three quarters of 2025, compared to ¥240,052,759.17 in 2024, indicating an increase in cash outflow[22] - Cash inflow from investment activities totaled ¥2,138,263,719.33 in the first three quarters of 2025, down from ¥3,607,281,183.84 in 2024, reflecting a decrease of about 40.7%[23] - The net cash flow from investment activities was -¥5,029,257.34 for the first three quarters of 2025, compared to -¥226,124,083.02 in the same period of 2024, showing an improvement in cash flow[23] - The net cash flow from financing activities was -¥10,235,770.33 in the first three quarters of 2025, compared to -¥25,973,743.24 in 2024, indicating a reduction in cash outflow[23] - The total cash and cash equivalents at the end of the third quarter of 2025 stood at ¥238,028,698.13, down from ¥522,648,496.97 at the end of the same period in 2024[23] Shareholder Information - The top shareholder, Tianjin Deep Vision Intelligent Technology Center, holds 16.90% of the shares, totaling 43,765,884 shares[10] - The company has not reported any changes in the shareholding structure of the top 10 shareholders due to margin trading activities[11] - The company has not disclosed any other significant relationships or actions among its major shareholders[11] Market Strategy - The company is focusing on market expansion and business diversification, particularly in smart finance and urban management sectors[12] - The framework contract with Agricultural Bank is set to expire in September 2025, prompting the company to actively pursue project opportunities[12] - The company aims to improve customer concentration issues by deepening its market penetration in various sectors[13] - The company reported a revenue growth of 135.52% from clients other than Agricultural Bank, with this segment accounting for nearly 90% of total revenue in the first three quarters of 2025[12][13] Earnings Per Share - The basic earnings per share for the quarter was -¥0.19, and the diluted earnings per share was also -¥0.19[3] - Basic and diluted earnings per share for the first three quarters of 2025 were both -¥0.50, slightly improved from -¥0.53 in the same period of 2024[20] Other Financial Information - Non-recurring gains and losses for the quarter totaled ¥3,589,533.24, with significant contributions from government subsidies and asset disposals[5] - Other income for the first three quarters of 2025 was reported at ¥997,069.96, down from ¥5,154,140.48 in 2024, a decrease of approximately 80.7%[18] - The company did not report any net profit from the merged entity prior to the merger, with both periods showing a net profit of 0[20] - The company is not applying new accounting standards for the first time in 2025[24]

Core Viewpoint - The financial technology sector is experiencing significant activity, with multiple stocks showing strong performance, indicating a potential bullish trend in the market [1][3]. Group 1: Market Performance - Financial technology stocks are actively rising, with notable gains such as Geer Software hitting the daily limit and Xin'an Century increasing over 8% [1]. - The financial technology ETF (159851) has rebounded, with a price increase of over 1% and a real-time transaction volume exceeding 1 billion CNY [1][4]. Group 2: Industry Trends - The sentiment around domestic innovation (信创) is expected to continue expanding, potentially serving as a catalyst for the financial technology sector's recent performance [3]. - The financial technology sector is projected to benefit from a significant market opportunity, with the domestic innovation industry expected to reach a trillion-level scale by 2025 [3]. - The replacement of financial PCs and core systems is anticipated to be completed by the end of 2023, indicating a rapid pace of technological upgrades in the financial sector [3]. Group 3: Investment Opportunities - The financial technology ETF (159851) is highlighted as a key investment opportunity, with over 120 billion CNY in size and an average daily trading volume exceeding 10 billion CNY [4]. - The ETF's index primarily consists of computer-related stocks, aligning with the current trends of self-sufficiency and domestic substitution [3]. - The capital market's high activity level is seen as a major support factor for opportunities in the financial technology sector, with a focus on internet brokerages [3].

Core Insights - On October 13, 2023, Geling Deep Vision's stock increased by 0.37%, with a trading volume of 128 million yuan [1] - The company experienced a net financing outflow of 640.46 thousand yuan on the same day, with a total financing and securities balance of 1.49 billion yuan [1] Financing Summary - On October 13, Geling Deep Vision had a financing buy-in of 694.73 thousand yuan, with a current financing balance of 1.49 billion yuan, representing 3.53% of its circulating market value [1] - The financing balance is below the 10% percentile level over the past year, indicating a low position [1] Securities Lending Summary - On October 13, there were no shares repaid or sold in securities lending, with a remaining quantity of 200 shares and a balance of 3,254 yuan, which is above the 70% percentile level over the past year, indicating a high position [1] Company Overview - Geling Deep Vision, established on August 16, 2013, and listed on March 17, 2022, is located in Haidian District, Beijing [1] - The company specializes in integrating advanced computer vision and big data analysis technologies into various applications, providing AI products and solutions for urban management, smart finance, commercial retail, sports health, and rail transit operations [1] - The revenue composition includes 58.58% from AI products, 26.46% from smart terminal products, and 14.95% from technical services and others [1] Shareholder Information - As of June 30, 2023, Geling Deep Vision had 15,600 shareholders, an increase of 3.78% from the previous period [2] - The average number of circulating shares per shareholder decreased by 3.65% to 12,131 shares [2] - For the first half of 2025, the company reported a revenue of 42.47 million yuan, a year-on-year decrease of 17.22%, and a net profit attributable to the parent company of -79.85 million yuan, a decrease of 2.48% year-on-year [2] Institutional Holdings - As of June 30, 2023, the ninth largest circulating shareholder is Huabao Zhongzheng Financial Technology Theme ETF, holding 1.7853 million shares as a new shareholder [2] - Guangfa Electronic Information Media Stock A has exited the list of the top ten circulating shareholders [2]

Core Viewpoint - The company has approved the grant of 300,000 restricted stocks to a qualified incentive object under its 2025 Restricted Stock and Stock Appreciation Rights Incentive Plan, with a grant price of 8.05 yuan per share, effective from October 10, 2025 [1][12][22]. Group 1: Board Meeting and Decision - The second meeting of the board of directors was held on October 10, 2025, with all five directors present, and the meeting was deemed legal and effective [1]. - The board approved the proposal to grant reserved restricted stocks to the incentive object, confirming that the conditions for granting the stocks had been met [1][22]. Group 2: Incentive Plan Details - The incentive plan allows for the grant of 300,000 restricted stocks, which represents 0.1158% of the company's total share capital [23]. - The grant price for the restricted stocks is set at 8.05 yuan per share [12][23]. - The plan's effective period lasts until the stocks are fully vested or become void, with a maximum duration of 36 months [24]. Group 3: Compliance and Verification - The board's remuneration and assessment committee verified that the proposed incentive object meets all legal qualifications and does not fall under any disqualifying conditions [8][11][27]. - The committee confirmed that no objections were raised during the public notice period for the incentive object [19]. Group 4: Accounting and Financial Impact - The company will measure the fair value of the restricted stocks using the Black-Scholes model, with the underlying stock price assumed to be 16.21 yuan per share [28]. - The estimated impact of the stock incentive plan on the company's financial performance will be recognized in the profit and loss statement over the vesting period [29][30].

Core Viewpoint - The company announced the election of Wu Yizhou as the employee representative director for its second board during the employee representative assembly scheduled for October 10, 2025 [2] Company Summary - The company is set to hold an employee representative assembly on October 10, 2025 [2] - Wu Yizhou has been elected as the employee representative director for the second board [2]

证券代码：688207 证券简称：格灵深瞳 公告编号：2025-063 根据《上市公司股权激励管理办法》《北京格灵深瞳信息技术股份有限公司 2025 年限制性股票与股票增值权激励计划（草案）》及其摘要的相关规定以及公 司 2024 年年度股东大会的授权，董事会认为公司 2025 年限制性股票与股票增值 权激励计划规定的预留授予条件已经成就，同意以 2025 年 10 月 10 日为授予日， 以 8.05 元/股的授予价格向符合授予条件的 1 名激励对象授予 30 万股限制性股票。 表决结果：5 票同意，0 票反对，0 票弃权。 本议案已经公司董事会薪酬与考核委员会审议通过。 北京格灵深瞳信息技术股份有限公司 第二届董事会第十六次会议决议公告 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。 一、董事会会议召开情况 北京格灵深瞳信息技术股份有限公司（以下简称"公司"）于 2025 年 10 月 10 日在公司会议室以现场结合通讯方式召开第二届董事会第十六次会议（以下 简称"本次会议"）。本次会议通知已提前通过邮件方式发送。本次会议 ...

| 姓名 | 国籍 | 职务 | 获授的限制 性股票数量 （万股） | 获授股票占本 激励计划授予 股票总数的比 | 获授股票占本激励 计划公告日公司总 股本的比例 | | --- | --- | --- | --- | --- | --- | | | | | | 例 | | | 一、其他激励对象 | | | | | | | 中层管理人员及核心业务人员 | | | 30 | 4.5455% | 0.1158% | | （1人） | | | | | | | 合计 | | | 30 | 4.5455% | 0.1158% | 一、 激励对象获授的限制性股票分配情况 注：上述激励对象不包括持有公司5%以上股份的主要股东或实际控制人及其 父母、配偶、子女，也不含公司的董事（含独立董事）、高级管理人员。 北京格灵深瞳信息技术股份有限公司 2025年限制性股票与股票增值权激励计划授予预留限制 性股票的激励对象名单（截至预留授予日） 董 事 会 2025年10月10日 2 北京格灵深瞳信息技术股份有限公司 ...