Core Viewpoint - China Great Wall (000066.SZ) reported a revenue of 10.295 billion yuan for the first three quarters, reflecting a year-on-year growth of 7.18%, while the net profit attributable to shareholders was 16.067 million yuan, with a non-recurring net loss of 582 million yuan [1] Financial Performance - Revenue for the first three quarters reached 10.295 billion yuan, marking a 7.18% increase compared to the previous year [1] - Net profit attributable to shareholders was reported at 16.067 million yuan [1] - The company experienced a non-recurring net loss of 582 million yuan [1]

Group 1 - The core point of the article is that China Great Wall (SZ 000066) held its 22nd meeting of the 8th Board of Directors on October 28, 2025, to discuss the proposal for the re-election of members of the Strategic Committee [1] - For the first half of 2025, the company's revenue composition is as follows: 80.86% from cybersecurity and information technology, 13.52% from high-tech electronics, and 5.62% from other businesses [1] - As of the report date, the market capitalization of China Great Wall is 54.3 billion yuan [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after ten years of stagnation, with technology leading the market's transformation into a "slow bull" new pattern [1]

证券代码：000066 证券简称：中国长城 公告编号：2025-052 中国长城科技集团股份有限公司 关于拟续聘会计师事务所的公告 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。 特别提示： 本次续聘会计师事务所符合财政部、国务院国资委、证监会印发的《国有企 业、上市公司选聘会计师事务所管理办法》（财会〔2023〕4 号）的规定。 中国长城科技集团股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召开第八届董事会第二十二次会议，审议通过了《关于续聘大信为公司 2025 年度审计机构的议案》，该议案尚需提交公司股东会审议。现将具体情况公告如 下： 一、拟续聘会计师事务所事项的情况说明 二、拟续聘会计师事务所的基本情况 （一）机构信息 1．基本信息 大信成立于 1985 年，2012 年 3 月转制为特殊普通合伙制事务所，总部位 于北京，注册地址为北京市海淀区知春路 1 号 22 层 2206。大信在全国设有 33 家分支机构，在香港设立了分所，并于 2017 年发起设立了大信国际会计网络， 目前拥有美国、加拿大、澳大利亚、德国、法国、英国、新加 ...

Core Insights - The company reported a third-quarter revenue of 3.929 billion yuan, representing a year-on-year increase of 11.31% [1] - The company experienced a net loss of 122 million yuan in the third quarter [1] - For the first three quarters, the company achieved a revenue of 10.295 billion yuan, which is a year-on-year growth of 7.18% [1] - The net profit for the first three quarters was 16.067 million yuan [1]

证券代码：000066 证券简称：中国长城 公告编号：2025-051 中国长城科技集团股份有限公司 第八届董事会第二十二次会议决议公告 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。 中国长城科技集团股份有限公司（以下简称"公司"）第八届董事会第二十 二次会议通知于 2025 年 10 月 20 日以电子邮件方式发出，会议于 2025 年 10 月 28 日在深圳中电长城大厦会议室以现场加视频方式召开，应参加会议董事九 名，亲自出席会议董事九名；符合《公司法》和《公司章程》的有关规定。会议 由董事长戴湘桃先生主持，审议通过了以下议案： 一、2025 年第三季度报告（详见同日公告 2025-050 号《2025 年第三季度 报告》） 审议结果：表决票 9 票，同意 9 票，反对 0 票，弃权 0 票，表决通过。 二、关于补选董事会战略委员会委员的议案 根据公司《董事会战略委员会工作条例》有关规定，经董事会研究决定，选 举董事于吉永先生为公司第八届董事会战略委员会委员，任期同第八届董事会。 审议结果：表决票 9 票，其中同意 9 票，反对 0 票，弃权 0 票， ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥3,929,079,168.40, representing an increase of 11.31% compared to the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥122,184,561.35, while the net profit after deducting non-recurring gains and losses was a loss of ¥155,064,991.63[3]. - The total profit for the period was ¥42,677,991.23, a significant turnaround from a loss of ¥622,928,861.69 in the same period last year[8]. - The net profit attributable to the parent company was approximately ¥16.07 million, a significant improvement from a loss of ¥687.64 million year-on-year, indicating a turnaround in performance[9]. - Operating profit improved significantly to ¥59,599,737.91 from a loss of ¥582,839,078.42 in the previous period[32]. - Net profit for the current period was ¥24,104,609.75, recovering from a net loss of ¥655,454,878.53 in the previous period[32]. - The company reported a total comprehensive income of ¥23,155,761.51, recovering from a loss of ¥649,996,883.23 in the previous period[33]. - The basic and diluted earnings per share were both ¥0.005, compared to a loss of ¥0.213 in the previous period[33]. Assets and Liabilities - The total assets at the end of the reporting period were ¥31,881,350,693.18, a decrease of 2.26% from the end of the previous year[3]. - The company’s total liabilities decreased by 30.54% to ¥4,525,952,074.32, primarily due to the reclassification of long-term borrowings[8]. - The total liabilities decreased to ¥19,644,812,697.29 from ¥20,175,046,732.80, reflecting a reduction of approximately 2.64%[31]. - The total equity attributable to shareholders decreased to ¥11,092,864,383.46 from ¥11,236,035,373.79, a decline of about 1.27%[31]. - The current liabilities totaled ¥13,019,373,379.48, an increase from ¥12,153,324,901.52, reflecting a rise of approximately 7.11%[32]. Cash Flow - The company reported a net cash flow from operating activities of -¥880,138,096.52 for the year-to-date[3]. - Cash flow from financing activities showed a net outflow of approximately ¥696.78 million, attributed to a continued reduction in interest-bearing liabilities[9]. - Operating cash inflow totaled ¥11.66 billion, a decrease from ¥11.93 billion in the previous period, reflecting a decline of approximately 2.26%[35]. - Net cash flow from operating activities was -¥880.14 million, slightly worse than -¥871.43 million in the prior period[35]. - Net cash flow from investment activities was ¥1.18 billion, up from ¥1.08 billion, indicating an increase of about 9.9%[35]. - Net cash flow from financing activities was -¥696.78 million, worsening from -¥66.82 million in the prior period[36]. - The ending balance of cash and cash equivalents decreased to ¥3.10 billion from ¥4.20 billion, a decline of approximately 26.3%[36]. Investments and Income - The company achieved a significant increase in other income, which rose by 150.18% year-on-year to ¥277,522,102.06, mainly due to increased government subsidies[8]. - The company’s investment income for the year-to-date was ¥418,473,551.93, a substantial recovery from a loss of ¥145,692,945.01 in the previous year[8]. - Investment cash inflow increased to ¥7.05 billion from ¥4.92 billion, marking a growth of approximately 43.3%[35]. - Financing cash inflow was ¥5.49 billion, compared to ¥4.76 billion in the previous period, representing an increase of approximately 15.3%[36]. Corporate Governance and Management - The company plans to continue focusing on its core business and optimizing resource utilization to ensure stable growth and profitability in the future[8]. - The company plans to adjust its fundraising investment projects, including the conclusion and postponement of certain projects, as approved by the board[13]. - The company elected Dai Xiangtao as the chairman of the board on July 23, 2025, following a board meeting[13]. - The company appointed a new president, Yu Jiyong, following the resignation of the previous president, Dai Xiangtao[15]. - The company is in the process of revising its articles of association and meeting rules to improve governance[16]. - The company plans to conduct a board member election to fill the vacancy left by the resignation of an independent director[15]. Financial Management - The company has established a new fundraising special account and signed a fundraising supervision agreement to enhance financial management[15]. - The company approved the use of up to RMB 1.1 billion of idle funds for wealth management through high-security products, with a one-year term[14]. - The company has adjusted its bank credit limits to ensure sustainable operational development[14]. - The company secured a comprehensive credit facility of RMB 500 million with China Merchants Bank for a one-year term on February 8, 2025[24]. - The company has obtained a comprehensive credit limit of up to RMB 8 billion from China Electric Finance, with a three-year term and the ability to recycle the limit[16]. Audit and Compliance - The company did not undergo an audit for the third quarter financial report[37]. - The financial report for the third quarter was not audited, indicating a potential area of concern for investors[37]. - The company will implement new accounting standards starting in 2025, which may impact future financial reporting[38].

Core Viewpoint - China Great Wall (000066) announced the election of Ms. Cai Gan as the employee representative director of the company's eighth board of directors [1] Group 1 - The announcement was made on the evening of October 28 [1] - Ms. Cai Gan is now part of the company's governance structure as an employee representative [1]

证券代码：000066 证券简称：中国长城 公告编号：2025-049 中国长城科技集团股份有限公司 关于选举职工董事的公告 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。 中国长城科技集团股份有限公司工会于 2025 年 10 月 27 日召开职工代表大 会，经全体与会职工代表表决，选举才淦女士（简历附后）为公司第八届董事会 职工代表董事，任期同第八届董事会。 才淦女士当选公司职工董事后，第八届董事会中兼任公司高级管理人员以及 由职工代表担任的董事人数总计未超过公司董事总数的二分之一，符合相关法律 法规的要求。 特此公告 中国长城科技集团股份有限公司 董事会 第 1 页 共 2 页 中国长城科技集团股份有限公司 2025-049 号公告 机有限公司副总经理、党总支副书记（主持工作），深圳长城开发科技股份有限 公司工会主席、职工监事、纪委书记、党委副书记等职务。 才淦女士与本公司实际控制人不存在关联关系，与公司其他董事、高级管理 人员不存在关联关系；未持有本公司股份；未受过中国证监会及其他有关部门的 处罚和证券交易所纪律处分；没有涉嫌犯罪被司法机关立案侦查或涉 ...

Core Viewpoint - China Great Wall stated that its power products can provide stable and efficient electricity for AI servers, cloud computing servers, and big data centers, highlighting its role in supporting advanced technology infrastructure [2] Group 1: Company Overview - The company operates in several sectors, including communication, special computing, and marine information technology [2] - The marine information technology segment includes marine information detection, core communication products, and distributed optical fiber sensing monitoring equipment for safety monitoring, with leading technology in the industry [2]

Core Viewpoint - Research and development investment is a key driver for technological innovation and product upgrades for the company [1] Group 1 - The company has officially launched the production of AI server power supplies [1]