Core Insights - The black home appliance sector experienced a 1.34% increase on November 3, with XGIMI Technology leading the gains [1] - The Shanghai Composite Index closed at 3976.52, up 0.55%, while the Shenzhen Component Index closed at 13404.06, up 0.19% [1] Stock Performance - XGIMI Technology (688696) closed at 111.89, up 9.04% with a trading volume of 32,600 lots and a transaction value of 352 million [1] - Tongzhou Electronics (002052) rose by 3.37% to 14.74, with a trading volume of 343,400 lots [1] - ST Gauss (002848) increased by 1.88% to 8.15, with a trading volume of less than 39,200 lots [1] - Sichuan Changhong (600839) and Skyworth Digital (000810) both saw a 1.47% increase, closing at 10.33 and 13.80 respectively [1] - Other notable stocks include Feichi Co. (002429) up 0.81% and Jiulian Technology (688609) up 0.49% [1] Capital Flow - The black home appliance sector saw a net inflow of 52.75 million from main funds, while retail funds experienced a net outflow of 37.64 million [1] - Main fund inflows for Sichuan Changhong were negative at -35.79 million, while XGIMI Technology had a positive inflow of 31.84 million [2] - Retail investors showed a significant outflow from XGIMI Technology, totaling -2.56 million [2]

Core Insights - The black home appliance sector saw a rise of 0.73% on October 31, with *ST Gauss leading the gains [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Stock Performance - *ST Gauss closed at 8.00, up 2.56% with a trading volume of 45,500 shares and a turnover of 36.18 million yuan [1] - Other notable performers include: - Chuangwei Digital: closed at 13.60, up 2.56% with a trading volume of 231,100 shares [1] - Hisense Visual: closed at 24.78, up 2.19% with a trading volume of 165,500 shares [1] - Sichuan Jiuzhou: closed at 15.32, up 1.46% with a trading volume of 151,900 shares [1] - Jiu Lian Technology: closed at 10.12, up 1.30% with a trading volume of 125,600 shares [1] - Sichuan Changhong: closed at 10.18, up 0.99% with a trading volume of 854,600 shares [1] - Other stocks showed mixed results, with some experiencing declines [1] Capital Flow - The black home appliance sector experienced a net outflow of 6.06 million yuan from institutional investors and 61.07 million yuan from retail investors, while individual investors saw a net inflow of 67.13 million yuan [1] - Notable capital flows include: - Sichuan Changhong: net inflow of 62.17 million yuan from institutional investors [2] - Hisense Visual: net inflow of 47.43 million yuan from institutional investors [2] - Chuangwei Digital: net inflow of 15.56 million yuan from institutional investors [2] - *ST Gauss: net inflow of 7.67 million yuan from institutional investors [2] - Other companies like Extreme Technology and Tongzhou Electronics saw significant net outflows from institutional investors [2]

Market Overview - The black home appliance sector experienced a decline of 2.16% on October 30, with Sichuan Jiuzhou leading the drop [1] - The Shanghai Composite Index closed at 3986.9, down 0.73%, while the Shenzhen Component Index closed at 13532.13, down 1.16% [1] Stock Performance - Notable stock performances in the black home appliance sector included: - Jiulian Technology (688609) rose by 1.63% to a closing price of 66.6 [1] - Sichuan Jiuzhou (000801) fell by 4.25% to a closing price of 15.10 [1] - Tongzhou Electronics (002052) saw a decline of 3.73% to a closing price of 15.21 [1] - The trading volume and turnover for key stocks were significant, with Sichuan Changhong (600839) recording a turnover of 946 million [1] Capital Flow - The black home appliance sector saw a net outflow of 374 million from main funds, while retail investors contributed a net inflow of 223 million [1] - The capital flow for individual stocks indicated: - Jiulian Technology had a net inflow of 3.55 million from main funds [2] - Sichuan Jiuzhou experienced a significant net outflow of 66.24 million from main funds [2] - Creative Digital (000810) had a net outflow of 31.78 million from main funds [2]

Market Overview - The black home appliance sector increased by 1.37% on October 27, with Tongzhou Electronics leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Stock Performance - Key stocks in the black home appliance sector showed varied performance: - Tongzhou Electronics (002052) closed at 16.37, up 3.61% with a trading volume of 453,300 shares and a turnover of 737 million yuan - Sichuan Changhong (600839) closed at 10.39, up 3.28% with a trading volume of 2,249,600 shares and a turnover of 2.323 billion yuan - Sichuan Jiuzhou (000801) closed at 15.80, up 1.87% with a trading volume of 171,400 shares and a turnover of 270 million yuan - Hisense Visual (600060) closed at 24.67, up 0.98% with a trading volume of 150,600 shares and a turnover of 372 million yuan - XGIMI Technology (688696) closed at 106.90, up 0.85% with a trading volume of 8,412 shares and a turnover of 89.9062 million yuan - Other stocks like ST Gauss (002848) and Skyworth Digital (000810) saw declines of 2.45% and 3.56% respectively [1] Capital Flow - The black home appliance sector experienced a net inflow of 243 million yuan from institutional investors, while retail investors saw a net outflow of 61.9178 million yuan [1] - Detailed capital flow for key stocks: - Sichuan Changhong had a net inflow of 22.6 million yuan from institutional investors but a net outflow of 77.5479 million yuan from retail investors [2] - Tongzhou Electronics saw a net inflow of 87.8210 million yuan from institutional investors but a net outflow of 61.6663 million yuan from retail investors [2] - XGIMI Technology had a net inflow of 11.9228 million yuan from institutional investors but a net outflow of 12.1622 million yuan from retail investors [2] - Skyworth Digital experienced a significant net outflow of 57.3983 million yuan from retail investors [2]

Core Viewpoint - The company, Gauss Digital Technology Co., Ltd., has released its third-quarter financial report, which has not been audited, and emphasizes the accuracy and completeness of the financial information provided by its board and management [1][2][7]. Financial Data Summary - The company confirms that there are no adjustments or restatements required for previous accounting data [3]. - There are no non-recurring profit and loss items reported for the current period [3]. - The report indicates that there were no changes in major accounting data and financial indicators that require explanation [4]. Shareholder Information - The report states that there are no changes in the top ten shareholders or any participation in the securities lending business [5]. - The net profit from merged entities remains at 0.00 yuan for both the current and previous periods [5]. Audit Status - The third-quarter financial report has not undergone an audit [7].

Core Points - The company guarantees the authenticity, accuracy, and completeness of the quarterly report, with no false records or significant omissions [2][3][7] Financial Data - The third-quarter financial report has not been audited [7] - The company does not require retrospective adjustments or restatements of previous accounting data [3] - There are no non-recurring profit and loss items applicable for the quarter [3] Shareholder Information - There are no changes in the top ten shareholders or any significant shareholders participating in the securities lending business [5]

Financial Performance - The company's operating revenue for Q3 2025 was ¥57,062,571.91, representing a 40.22% increase year-over-year[5] - The net profit attributable to shareholders was -¥11,114,293.06, a decrease of 68.31% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥12,886,722.03, a decrease of 63.50% year-over-year[5] - The total operating revenue for the current period reached ¥155,433,487.37, an increase of 17.5% compared to ¥132,168,334.24 in the previous period[15] - The net profit for the current period was a loss of ¥42,061,778.67, an improvement from a loss of ¥69,447,260.30 in the previous period, indicating a reduction in losses by approximately 39.5%[16] - The total comprehensive income for the current period was a loss of ¥42,050,256.18, an improvement from a loss of ¥69,447,575.29 in the previous period[16] - Basic and diluted earnings per share were both reported at -0.2514, compared to -0.4142 in the previous period, indicating a reduction in loss per share[16] Cash Flow - The cash flow from operating activities showed a net outflow of -¥41,755,689.81, a decline of 55.16% compared to the previous year[9] - The company reported a significant increase in financing cash flow, with a net inflow of ¥21,665,082.42, up 43.94% year-over-year[9] - The company received cash inflows from operating activities totaling ¥193,014,821.41, compared to ¥157,293,209.57 in the previous period, marking an increase of 22.7%[17] - Cash outflows from operating activities increased to ¥234,770,511.22 from ¥184,205,062.42, reflecting a rise of 27.4%[17] - Cash inflow from financing activities totaled $93,774,234.51, an increase from $64,946,062.86[18] - Cash outflow from financing activities amounted to $78,722,514.51, up from $43,280,980.44[18] - Net cash flow from financing activities was $15,051,720.00, compared to $21,665,082.42 in the previous period[18] - The ending balance of cash and cash equivalents was $846,028.00, down from $3,194,910.05[18] - The company’s cash and cash equivalents decreased by $14,319,757.23 during the period[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥437,082,287.04, an increase of 4.96% from the end of the previous year[5] - Total assets increased to ¥437,082,287.04 from ¥416,414,584.58, reflecting a growth of approximately 4%[13] - Current assets rose to ¥229,209,776.52, up from ¥193,768,744.92, indicating an increase of about 18%[12] - Total liabilities increased to ¥321,641,725.03 from ¥266,839,829.26, representing a growth of approximately 20%[13] - The total equity attributable to shareholders decreased by 22.80% to ¥115,421,847.46 compared to the previous year[5] - The total equity attributable to the parent company decreased to ¥115,421,847.46 from ¥149,518,708.08, a decline of around 23%[14] - Cash and cash equivalents decreased to ¥8,243,322.92 from ¥25,837,761.79, a drop of approximately 68%[12] - Accounts receivable increased to ¥145,898,786.85 from ¥119,562,080.45, reflecting a growth of about 22%[12] - Inventory increased to ¥38,970,358.73 from ¥32,449,400.22, indicating a rise of approximately 20%[12] - Short-term borrowings rose to ¥44,286,904.92 from ¥39,470,787.52, an increase of about 18%[13] - Total current liabilities increased to ¥299,135,821.49 from ¥243,250,063.79, representing a growth of approximately 23%[13] - The company reported a significant increase in contract liabilities to ¥20,597,956.95 from ¥15,122,933.43, reflecting a growth of around 36%[13] Research and Development - Research and development expenses for the year-to-date were ¥9,351,004.48, a decrease of 33.70% compared to the same period last year[9] - The company reported a decrease in research and development expenses to ¥9,351,004.48 from ¥14,104,457.85, a reduction of 33.5%[15] Other Information - The third quarter financial report was not audited[19] - The company plans to implement new accounting standards starting in 2025[20]

Market Overview - The black home appliance sector rose by 0.09% on October 23, with Chenyi Intelligent leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Stock Performance - Key stocks in the black home appliance sector showed varied performance: - Chenyi Intelligent (301578) closed at 36.90, up 1.85% with a trading volume of 11,400 lots and a turnover of 41.57 million yuan [1] - Non-Axis Co. (002429) closed at 6.20, up 0.49% with a trading volume of 1,094,600 lots and a turnover of 681 million yuan [1] - Skyworth Digital (000810) closed at 13.43, up 0.37% with a trading volume of 132,300 lots and a turnover of 177 million yuan [1] - Hisense Visual (600060) closed at 24.46, up 0.29% with a trading volume of 77,000 lots and a turnover of 187 million yuan [1] - Sichuan Changhong (600839) closed at 10.04, up 0.20% with a trading volume of 646,700 lots and a turnover of 64.5 million yuan [1] - Jiuli Technology (688609) closed at 9.52, down 0.21% with a trading volume of 79,900 lots and a turnover of 75.31 million yuan [1] - Other stocks like XGIMI Technology (688696) and Tongzhou Electronics (002052) experienced slight declines [1] Capital Flow - The black home appliance sector saw a net outflow of 67.31 million yuan from institutional investors, while retail investors contributed a net inflow of 45.59 million yuan [1] - Detailed capital flow for key stocks indicates: - Non-Axis Co. (002429) had a net inflow of 69.47 million yuan from institutional investors, but a net outflow from retail investors [2] - Jiuli Technology (688609) experienced significant net outflows from institutional investors [2] - Chenyi Intelligent (301578) also saw a net outflow from institutional investors [2] - Sichuan Changhong (600839) had a net outflow of 45.80 million yuan from institutional investors, while retail investors showed a positive net inflow [2]

Market Performance - The black home appliance sector increased by 1.84% on October 21, with Sichuan Jiuzhou leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Stock Performance - Sichuan Jiuzhou (000801) closed at 15.79, up 2.93% with a trading volume of 210,300 shares [1] - Feichi Co., Ltd. (002429) closed at 6.11, up 2.69% with a trading volume of 822,500 shares [1] - Sichuan Changhong (600839) closed at 10.17, up 2.42% with a trading volume of 1,500,800 shares [1] - Other notable stocks include JiuLian Technology (688609) at 9.63, up 2.12%, and Chuangwei Digital (000810) at 13.34, up 1.68% [1] Capital Flow - The black home appliance sector saw a net inflow of 199 million yuan from institutional investors, while retail investors experienced a net outflow of 38.63 million yuan [1] - Major stocks like Sichuan Changhong had a net inflow of 91.88 million yuan from institutional investors, but a net outflow of 57.15 million yuan from retail investors [2] - Feichi Co., Ltd. also experienced a net inflow of 84.74 million yuan from institutional investors, with retail investors seeing a net outflow of 55.16 million yuan [2]

Market Overview - The black home appliance sector increased by 0.69% on October 20, with Jiulian Technology leading the gains [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Stock Performance - Jiulian Technology (688609) closed at 9.43, up 3.06% with a trading volume of 118,100 shares and a turnover of 111 million yuan [1] - Other notable performers include: - Skyworth Digital (000810) at 13.12, up 2.10% [1] - Cheny Intelligent (301578) at 35.34, up 1.52% [1] - Zhaochi Shares (002429) at 5.95, up 1.19% [1] - Sichuan Jiuzhou (000801) at 15.34, up 0.79% [1] Capital Flow - The black home appliance sector experienced a net outflow of 114 million yuan from institutional investors and 43.64 million yuan from retail investors, while retail investors saw a net inflow of 157 million yuan [1] - Detailed capital flow for key stocks includes: - Hisense Visual (600060) with a net outflow of 8.78 million yuan from institutional investors [2] - Jiulian Technology (688609) with a net inflow of 13.71 million yuan from retail investors despite a net outflow of 14.62 million yuan from institutional investors [2] - Sichuan Changhong (600839) faced a significant net outflow of 55.48 million yuan from institutional investors [2]