Core Viewpoint - Guosheng Zhike is a leading manufacturer of mid-to-high-end CNC machine tools in China, with a comprehensive industry chain advantage and products widely used across various sectors [1] Group 1: Business Performance - In Q3 2025, Guosheng Zhike achieved a revenue of 972 million yuan, ranking 7th among 19 companies in the industry [2] - The company's main business segments include CNC machine tools with a revenue of 535 million yuan (82.74%), equipment components with 72 million yuan (11.15%), and intelligent automation production lines with 34.9 million yuan (5.41%) [2] - The net profit for the same period was 122 million yuan, placing the company 4th in the industry [2] Group 2: Financial Ratios - As of Q3 2025, Guosheng Zhike's debt-to-asset ratio was 24.94%, an increase from 20.76% year-on-year, significantly lower than the industry average of 45.02% [3] - The gross profit margin for the company was 25.20%, slightly below the industry average of 27.38% [3] Group 3: Executive Compensation - The chairman, Pan Weiguo, received a salary of 745,600 yuan in 2024, an increase of 45,800 yuan from 2023 [4] - The general manager, Wei Xiaohu, earned 725,000 yuan in 2024, up by 70,400 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 6.18% to 7,751 [5] - The average number of circulating A-shares held per shareholder decreased by 5.82% to 17,000 [5]

Core Insights - Guosheng Intelligent Technology reported a revenue of 972 million yuan for the first three quarters of 2025, representing a year-on-year growth of 21.53% [1] - The net profit attributable to shareholders reached 120 million yuan, with a year-on-year increase of 20.89% [1] - The basic earnings per share stood at 0.92 yuan [2] Financial Performance - The gross profit margin for the first three quarters of 2025 was 25.20%, an increase of 1.03 percentage points year-on-year [2] - The net profit margin was 12.53%, a slight decrease of 0.12 percentage points compared to the same period last year [2] - In Q3 2025, the gross profit margin was 25.03%, down 0.38 percentage points year-on-year and 0.73 percentage points quarter-on-quarter [2] - The net profit margin for Q3 2025 was 11.80%, down 1.75 percentage points year-on-year and 1.54 percentage points quarter-on-quarter [2] Expense Analysis - Total operating expenses for the period were 119 million yuan, an increase of 22.24 million yuan year-on-year [2] - The expense ratio was 12.26%, up 0.14 percentage points from the same period last year [2] - Sales expenses increased by 21.75%, management expenses by 6.59%, R&D expenses by 22.62%, and financial expenses by 69.00% [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 7,751, an increase of 451 from the end of the previous half-year, representing a growth of 6.18% [2] - The average market value per shareholder rose from 456,400 yuan to 537,600 yuan, an increase of 17.80% [2] Company Overview - Guosheng Intelligent Technology, established on August 31, 1999, is located in Nantong, Jiangsu Province, and was listed on June 30, 2020 [3] - The company specializes in the R&D, production, and sales of mid-to-high-end CNC machine tools and high-end equipment structural components [3] - The revenue composition includes CNC machine tools (82.74%), equipment components (11.15%), intelligent automation production lines (5.41%), and others (0.71%) [3] - The company is classified under the machinery equipment sector, specifically general equipment and machine tools [3]

Core Viewpoint - Guosheng Zhike (688558.SH) reported a strong performance in the third quarter of 2025, with significant year-on-year growth in both revenue and net profit [1] Financial Performance - The company achieved a total operating revenue of 972 million yuan in the first three quarters of 2025, representing a year-on-year increase of 21.53% [1] - The net profit attributable to shareholders of the parent company was 120 million yuan, reflecting a year-on-year growth of 20.89% [1] - Basic earnings per share stood at 0.92 yuan [1]

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、准确性和完整性依法承担法律责任。 关于召开 2025 年第三季度业绩说明会的公告 证券代码：688558 证券简称：国盛智科 公告编号：2025-027 南通国盛智能科技集团股份有限公司 重要内容提示： 会议召开时间：2025年11月11日(星期二) 下午 13:00-14:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于2025年11月04日（星期二）至11月10日（星期一）16:00前登录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 gsipo@ntgszk.com进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 南通国盛智能科技集团股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日发布了公司 2025 年第三季度报告，为便于广大投资者更全面深入地了 ...

Financial Performance - The company's revenue for the third quarter reached ¥325,503,001.44, representing a year-on-year increase of 16.84%[4] - The total profit for the quarter was ¥41,853,309.90, showing a slight decrease of 0.13% compared to the same period last year[4] - Net profit attributable to shareholders was ¥38,009,139.82, reflecting a year-on-year increase of 2.30%[4] - Total operating revenue for the first three quarters of 2025 reached ¥971,535,366.33, an increase of 21.5% compared to ¥799,445,212.38 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was ¥121,754,561.10, representing a 20.4% increase from ¥101,170,573.93 in 2024[20] - Earnings per share for the first three quarters of 2025 were ¥0.92, compared to ¥0.76 in the same period of 2024[21] Research and Development - The company invested ¥16,220,527.89 in R&D during the quarter, which is 4.98% of its revenue, marking an increase of 0.00 percentage points[5] - Research and development expenses for the first three quarters of 2025 totaled ¥48,925,142.62, up from ¥39,900,234.27 in 2024, indicating a focus on innovation[19] Assets and Liabilities - Total assets at the end of the quarter amounted to ¥2,245,507,684.90, an increase of 4.59% from the end of the previous year[5] - Total liabilities as of the latest reporting period amounted to ¥560,002,087.16, an increase from ¥496,159,396.28 in the previous year[17] - Total equity attributable to shareholders reached ¥1,678,562,555.61, up from ¥1,634,660,047.66 in the previous year[17] Cash Flow - The cash flow from operating activities for the year-to-date was ¥72,451,385.27, which decreased by 11.28% compared to the previous year[4] - The net cash flow from operating activities was $72,451,385.27, a decrease of 10.5% compared to $81,660,638.52 in the previous period[24] - Cash flow from financing activities resulted in a net outflow of -$81,198,586.44, compared to -$89,060,131.27 previously, showing an improvement of 9.7%[25] - The cash flow from operating activities totaled $616,837,235.56, an increase from $431,015,836.23, representing a growth of 43.1%[24] Shareholder Information - The company held 1,000,000 shares in its repurchase account, accounting for 0.76% of the total share capital[12] - The top two shareholders, Pan Weiguo and Wei Xiaohu, hold 44.13% and 18.83% of the shares, respectively, indicating a significant concentration of ownership[12] - The company has no reported changes in the status of its major shareholders regarding the lending of shares through margin trading[13] Other Financial Metrics - Basic and diluted earnings per share for the quarter were both ¥0.29, with a year-to-date figure of ¥0.92, reflecting a 21.05% increase[5] - The company reported a total of ¥1,340,341.98 in non-recurring gains and losses for the quarter[8] - The weighted average return on equity was 2.30%, a decrease of 0.01 percentage points compared to the previous year[5] - The company's cash and cash equivalents were reported at RMB 139,198,999.66, a significant decrease from RMB 539,073,379.81 in the previous period, indicating a decline of about 74.16%[14]

Core Insights - The company, Guosheng Zhike, has a rich history spanning four generations in the machinery sector, focusing on mechanical and related fields [1] - Guosheng Zhike is the first listed company on the Sci-Tech Innovation Board specializing in metal cutting machine tools, providing integrated intelligent manufacturing solutions [3] - The company emphasizes innovation as a core value, which has been crucial for its growth and development in the CNC machine tool manufacturing sector [3] Company Overview - Guosheng Zhike offers a range of products including CNC machine tools, intelligent automation production lines, and equipment components, catering to sectors such as machinery, precision molds, and semiconductors [3] - The company has evolved from producing simple equipment components to OEM production for globally recognized machine tool manufacturers, eventually establishing its own brand [3] Financial Performance - In the first half of the year, Guosheng Zhike achieved a revenue of 646 million yuan, representing a year-on-year growth of 24.03%, while the net profit attributable to shareholders was 82.05 million yuan, up 32% year-on-year [3] Industry Context - The chairman acknowledges the gap between domestic enterprises and international competitors in the CNC machine tool industry, emphasizing the need for collective efforts in high-end manufacturing [4] - The intelligent manufacturing ecosystem in Nantong serves as an example of effective government-enterprise interaction, addressing development challenges in the high-end equipment sector [4]

Core Insights - The company, Guosheng Zhike, has a rich history spanning four generations in the machinery industry, focusing on mechanical and related fields [1] - Guosheng Zhike is the first listed company on the Sci-Tech Innovation Board specializing in metal cutting machine tools, providing integrated solutions in intelligent manufacturing [1] - The company has evolved from producing simple equipment parts to OEM production for world-renowned machine tool manufacturers, and now possesses its own brand [1] Financial Performance - In the first half of the year, Guosheng Zhike achieved revenue of 646 million yuan, representing a year-on-year growth of 24.03% [2] - The net profit attributable to shareholders reached 82.05 million yuan, with a year-on-year increase of 32% [2] Industry Context - The chairman acknowledges that there is still a gap between domestic enterprises and international competitors in the high-end manufacturing sector [2] - The development of high-end manufacturing in China relies on collective efforts rather than individual companies [2] - The intelligent manufacturing ecosystem in Nantong serves as a positive example of government-enterprise interaction, facilitating timely responses to industry challenges [2]

Group 1 - Nvidia announced that its Blackwell/Rubin chip platform will exceed $500 billion in business by the end of 2026, indicating a revenue forecast of $350-400 billion for the data center business over the next five quarters, which is a 20%+ upward revision from market consensus of $318 billion [1] - The surge in chip shipments and rapid capacity expansion confirmed the performance certainty of optical modules by 2026, with optical modules leading the semiconductor sector in the current AI market [1] - If the results of the US-China talks on November 1 are favorable, the global market may experience a honeymoon period similar to May-August of this year, with semiconductors expected to catch up with optical modules [1] Group 2 - The domestic AI industry chain-focused ETF (589520) showed a slight increase of 0.16% today, with a peak intraday gain of 0.63%, indicating strong buying interest [2] - Key stocks in the ETF, such as Lanke Technology and Yingxi Network, saw gains of over 2%, while other stocks like Stone Technology and Weisheng Information rose by more than 1% [2] Group 3 - The three highlights of the domestic AI ETF (589520) include: 1. Policy support driving AI growth, with core trends in AI development focusing on end-cloud integration, benefiting companies with the largest revenue in their segments [4] 2. The urgency for domestic alternatives in the context of technology friction, emphasizing the importance of information and industrial security [4] 3. The ETF's high elasticity and strong offensive potential, with over 70% of the top ten holdings concentrated in the semiconductor sector [4] - The ETF has outperformed the broader market, with a cumulative increase of 65.84% since its low on April 8, surpassing other indices like the Sci-Tech Innovation Index and Sci-Tech 50 [4][5]

Group 1 - The core transaction of Guosheng Zhike on October 22 involved a block trade of 125,000 shares, amounting to 3.3875 million yuan, with a transaction price of 27.10 yuan, reflecting a discount of 10.15% compared to the closing price of the day [2][4] - In the last three months, Guosheng Zhike has recorded a total of 25 block trades, with a cumulative transaction amount of 65.0575 million yuan [3] - The closing price of Guosheng Zhike on the day of the transaction was 30.16 yuan, with a turnover rate of 0.79% and a total trading volume of 31.8326 million yuan, indicating a net outflow of 493,600 yuan in main funds for the day [3] Group 2 - The latest margin financing balance for Guosheng Zhike is 91.3695 million yuan, showing a decrease of 11.21% or 11.5324 million yuan over the past five days [4] - Guosheng Zhike was established on August 31, 1999, with a registered capital of 1.32 billion yuan [4]

Group 1 - The core point of the article is that Guosheng Zhike has completed a share reduction plan, with significant shares sold by its shareholders and employee stock ownership platforms [1] - As of October 22, 2025, Nantong Xiezong reduced approximately 1.96 million shares, accounting for 1.48% of the total share capital, while Nantong Qiju reduced about 1.69 million shares, representing 1.28% of the total share capital [1] - The company's revenue composition for the year 2024 shows that general equipment manufacturing accounts for 99.17% of total revenue, with other businesses making up 0.83% [1] Group 2 - As of the report date, Guosheng Zhike has a market capitalization of 4 billion yuan [1]