Core Viewpoint - The company reported a revenue increase in Q3 but experienced a decline in net profit, indicating mixed financial performance [1] Financial Performance - Q3 revenue reached 94.63 million yuan, representing a year-on-year growth of 28.16% [1] - Q3 net profit was 2.8551 million yuan, showing a decrease of 3.43% compared to the previous year [1] - For the first three quarters, total revenue amounted to 289 million yuan, reflecting a year-on-year increase of 40.41% [1] - The net profit for the first three quarters was a loss of 275,400 yuan, which is a decline of 102.03% compared to the same period last year [1]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥94,630,088.27, representing a year-on-year increase of 28.16%[5] - The net profit attributable to shareholders decreased by 3.43% to ¥2,855,110.96, while the net profit after deducting non-recurring gains and losses increased by 133.52% to ¥1,087,470.21[5] - The company reported a 40.41% increase in operating revenue for the first nine months of 2025, totaling ¥289,115,521.46, driven by growth in the IoT application and mobile gaming sectors[13] - Total operating revenue for the current period reached ¥289,115,521.46, a significant increase of 40.0% compared to ¥205,908,189.11 in the previous period[22] - The net profit for the current period was a loss of ¥1,863,611.66, compared to a profit of ¥15,023,566.02 in the previous period, indicating a significant decline in profitability[23] - The total comprehensive income for the current period was a loss of ¥1,899,262.19, compared to a comprehensive income of ¥15,023,566.02 in the previous period[24] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥1,412,750,492.08, reflecting a 1.66% increase compared to the end of the previous year[5] - The total liabilities increased to ¥153,444,678.68 from ¥123,789,255.76, which is an increase of about 24.0%[19] - The company's total liabilities increased to ¥181,567,292.49, up from ¥151,305,100.00, reflecting a growth of 20.0%[20] - The total equity attributable to shareholders decreased by 0.46% to ¥1,221,750,207.24 compared to the end of the previous year[5] - The total equity attributable to shareholders decreased to ¥1,221,750,207.24 from ¥1,227,413,385.91, a decline of approximately 0.5%[20] Cash Flow - The company's cash flow from operating activities showed a significant decline, with a net cash outflow of ¥17,765,959.84, a decrease of 1007.81% compared to the same period last year[15] - Cash flow from operating activities showed a net outflow of ¥17,765,959.84, contrasting with a net inflow of ¥1,957,021.64 in the previous period[25] - The net cash inflow from investment activities was $46.80 million, a significant improvement compared to a net outflow of $40.47 million in the previous period[26] - The total cash and cash equivalents at the end of the period amounted to $62.33 million, up from $23.23 million in the previous period[26] - The net cash flow from financing activities was -$14.74 million, worsening from -$8.96 million in the previous period[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 109,012[16] - The largest shareholder, Fu Lemin, holds 21.40% of the shares, totaling 119,613,584 shares[16] - The number of shareholders with voting rights restored for preferred shares is zero, indicating no preferred shareholders at the end of the reporting period[16] Investment and Expenses - Sales expenses surged by 146.71% to ¥65,691,703.56, attributed to increased marketing efforts[13] - The company recorded an investment income of ¥35,286.11, a 101.29% increase, due to improved performance of invested enterprises[13] - Investment income for the current period was ¥35,286.11, a recovery from a loss of ¥2,742,581.65 in the previous period[23] Accounting and Reporting - The company did not undergo an audit for the third quarter financial report[27] - The new accounting standards will be first implemented starting in 2025, with no adjustments applicable for the current period[28]

Core Viewpoint - Beihai Technology reported a significant decrease in the number of shareholders and a decline in stock price, despite a notable increase in revenue for the first half of the year [2] Group 1: Shareholder and Stock Performance - As of September 30, the number of shareholders for Beihai Technology was 109,000, a decrease of 19,900 from the previous period (September 20), representing a 15.44% decline [2] - The closing price of Beihai Technology was 9.49 yuan, down 1.15%, with a cumulative decline of 13.33% since the concentration of shares began [2] - The stock experienced 2 days of increase and 7 days of decrease during the reporting period [2] Group 2: Financial Performance - In the first half of the year, Beihai Technology achieved operating revenue of 194 million yuan, a year-on-year increase of 47.26% [2] - The company reported a net loss of 3.13 million yuan, a year-on-year decline of 129.52% [2] - The basic earnings per share were -0.0100 yuan [2]

Group 1 - The company, Beiwai Technology (002148.SZ), clarified on an interactive platform that it does not have any business related to quadruped robots [1] - The mobile gaming business, which includes titles such as "SimCity: My City" and "Super Simple Dungeon," is projected to have a comprehensive gross margin of 63.53% in the first half of 2025 [1] - The news regarding Tianyu Jingwei winning a bid and collaborating on drone delivery trials is not accurate [1]

Core Viewpoint - Beihai Technology (002148.SZ) currently does not have an AI intelligent interaction system platform [1] Company Summary - Beihai Technology has clarified its position regarding the absence of an AI intelligent interaction system platform on its investor interaction platform [1]

Core Viewpoint - Beihai Technology (002148.SZ) currently does not have an AI intelligent interaction system platform [1] Company Summary - Beihai Technology has clarified on its investor interaction platform that it does not possess an AI intelligent interaction system platform [1]

Group 1 - The communication services sector experienced a decline of 0.55% on September 19, with Beiwei Technology leading the drop [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] - Key stocks in the communication services sector showed varied performance, with notable gainers including Lian Technology (+4.68%) and Yuandao Communication (+4.26%) [1] Group 2 - Beiwei Technology saw a significant decline of 9.88%, closing at 10.95, with a trading volume of 997,600 shares and a turnover of 1.121 billion yuan [2] - The overall net capital outflow from the communication services sector was 1.346 billion yuan, with retail investors contributing a net inflow of 1.58 billion yuan [2] - Other notable decliners included Shiji Dingli (-3.28%) and Erli San (-3.05%), indicating a challenging day for many stocks in the sector [2]

Group 1 - The company, Beiwai Technology (002148.SZ), stated on the interactive platform that it does not directly or indirectly hold shares in Yushu Technology [1] - There is no equity or other association between the company and Hangzhou Bimu Venture Capital [1]

Group 1 - The A-share market's robotics concept stocks experienced a decline in the afternoon session [1] - Companies such as Wolong Electric Drive and Wuzhou New Spring hit the daily limit down [1] - Other companies including Puzhizhineng, Sanhua Intelligent Control, Beiwai Technology, Hanwei Technology, Changying Precision, and Shuanghuan Transmission also followed the downward trend [1]

Core Viewpoint - The company emphasizes the rapid development of various technologies that will deeply empower the smart IoT sector, aiming to provide smarter and more efficient solutions for customers, thereby promoting high-quality development in the IoT business [2] Group 1 - The company is committed to embracing new technologies with an open attitude [2] - The focus is on enhancing the smart IoT business through technological advancements [2] - The company aims to deliver high-quality solutions to its clients [2]