Group 1 - The company GQY Video stated on November 11 that it currently does not have a subsidiary established in Hainan [2] - The company plans to continuously optimize its market layout and expand its business market areas in the future [2]

Core Viewpoint - The company currently does not have a branch established in Hainan and plans to continue optimizing its market layout and expanding its business areas in the future [1] Group 1 - The company responded to an investor inquiry regarding the establishment of a branch in Hainan [1] - The company emphasizes its commitment to optimizing market layout [1] - Future business expansion is a focus for the company [1]

Core Viewpoint - GQY Vision has divested its robotics business segment, indicating a strategic shift in its operational focus [1] Company Summary - GQY Vision has officially announced the separation of its robotics business, which may reflect a realignment of its resources and strategic priorities [1]

Group 1 - The company has divested its robotics business segment [2] - An investor inquired about the company's involvement in robotics through its subsidiary Ningbo Intercontinental Robot Co., Ltd [2] - The company confirmed that it no longer operates in the robotics sector [2]

Core Viewpoint - GQY Vision's stock has shown fluctuations in recent trading sessions, with a year-to-date decline of 7.08% and a recent increase in trading volume, indicating potential investor interest despite financial challenges [1][2]. Company Overview - GQY Vision, established on June 10, 1992, and listed on April 30, 2010, is located in Ningbo, Zhejiang Province, and specializes in the research, production, and sales of large-screen splicing display systems [2]. - The company's main business revenue composition includes 71.68% from large-screen splicing display systems, 27.79% from system integration, and 0.53% from other sources [2]. - GQY Vision operates in the electronic-optical optoelectronic panel industry and is associated with concepts such as micro-disc stocks, low-priced stocks, small-cap stocks, online education, and state-owned enterprise reform [2]. Financial Performance - As of September 30, GQY Vision had 27,400 shareholders, a decrease of 21.53% from the previous period, with an average of 15,482 circulating shares per shareholder, an increase of 27.44% [2]. - For the period from January to September 2025, GQY Vision reported operating revenue of 64.40 million yuan, a year-on-year decrease of 23.62%, and a net profit attributable to the parent company of -31.56 million yuan, a decrease of 27.35% year-on-year [2]. Dividend Information - Since its A-share listing, GQY Vision has distributed a total of 85.27 million yuan in dividends, with no dividends paid in the last three years [3].

Core Viewpoint - The company has disclosed its quarterly report, ensuring the accuracy and completeness of the financial information, and has undergone changes in its corporate structure and governance [2][3][4]. Financial Data - The third-quarter financial report has not been audited [3][17]. - 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 current reporting period [3]. Shareholder Information - The company received the "High-tech Enterprise Certificate" from relevant authorities, valid for three years, allowing it to enjoy a reduced corporate income tax rate of 15% [5]. - The company has completed changes in its business registration, extending its business duration to "perpetual" [6]. Corporate Governance - The company has undergone changes in its board of directors, including the resignation of independent directors and the election of new members [7][9][13]. - The company has completed the election of its eighth board of directors, consisting of six non-independent directors and three independent directors [13]. Subsidiary Management - The company has decided to dissolve a subsidiary to enhance operational efficiency [10][11]. - The company has established a new holding subsidiary and completed the necessary registration [11]. - The company has engaged in equity transfers involving its subsidiaries, including the acquisition of a 70% stake in Shenzhen Taiheng Optoelectronics Co., Ltd. for 17.5 million yuan [15].

Core Viewpoint - GQY Vision reported a significant decline in revenue and an increase in net losses for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The company's operating revenue for the first three quarters was 64.3967 million yuan, representing a year-on-year decrease of 23.62% [1] - The net loss attributable to shareholders of the listed company was 31.5645 million yuan [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 36.2627 million yuan [1] - The basic loss per share was 0.0744 yuan [1]

Group 1 - GQY Vision reported a revenue of approximately 64.4 million yuan for the first three quarters of 2025, representing a year-on-year decrease of 23.62% [1] - The net profit attributable to shareholders of the listed company was a loss of approximately 31.56 million yuan, with a basic earnings per share loss of 0.0744 yuan [1] - As of the report date, GQY Vision's market capitalization stood at 2.7 billion yuan [1] Group 2 - The A-share market has surpassed 4,000 points, marking a significant resurgence after a decade of stagnation, with a new "slow bull" market pattern emerging driven by technology [1]

证券代码：300076 证券简称：GQY视讯 公告编号：2025-53 宁波GQY视讯股份有限公司 第八届董事会第三次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 本议案已经公司董事会审计委员会审议通过。具体内容详见公司在中国证监 会指定的信息披露网站披露的《2025年第三季报告》。 表决结果：同意9票、反对0票、弃权0票。 三、备查文件 1、公司第八届董事会第三次会议决议； 2、公司第八届董事会审计委员会第二次会议决议； 1、审议通过《关于公司<2025 年第三季度报告>的议案》 一、董事会会议召开情况 宁波GQY视讯股份有限公司（以下简称"公司"或"GQY视讯"）第八届董 事会第三次会议通知于2025年10月19日以电话及邮件方式通知全体董事，并于 2025年10月29日以现场及通讯方式召开。本次会议由公司董事长荆毅民先生主持， 应参加董事9名，实际参与表决董事9名。本次会议的召集、召开符合《公司法》、 《公司章程》和《董事会议事规则》的有关规定，会议合法有效。 二、董事会会议审议情况 经与会董事审议，本次会议以记名投票的表决方式逐项表决通 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥23,649,845.05, representing a 245.10% increase compared to the same period last year[3]. - The net profit attributable to shareholders was -¥8,838,065.57, a decrease of 10.97% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥10,359,581.57, reflecting a 14.84% increase compared to the previous year[3]. - Total operating revenue for the current period is ¥64,396,653.34, a decrease of 23.6% from ¥84,307,611.02 in the previous period[31]. - Net profit for the current period is a loss of ¥32,188,001.13, compared to a loss of ¥24,669,432.60 in the previous period, representing a 30.5% increase in losses[32]. - Total comprehensive loss for the current period is ¥32,188,001.13, compared to a loss of ¥24,669,432.60 in the previous period[33]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,006,511,265.95, down 3.91% from the end of the previous year[3]. - The company's total liabilities decreased from CNY 116,207,222.67 to CNY 103,762,751.00 during the same period[30]. - The company's total equity decreased from CNY 931,236,452.33 to CNY 902,748,514.95, indicating a decline in shareholder value[30]. - Cash and cash equivalents at the end of the period amount to ¥92,771,853.38, compared to ¥11,142,861.14 at the end of the previous period[36]. Cash Flow - The company's cash flow from operating activities showed a net outflow of -¥55,728,614.70, which is a 36.76% increase in outflow compared to the previous year[3]. - Operating cash flow for the current period is a net outflow of ¥55,728,614.70, an improvement from a net outflow of ¥88,125,400.93 in the previous period[36]. - The company received cash inflows from investment activities totaling ¥1,328,264,554.59, down from ¥1,696,969,470.28 in the previous period[36]. - The company raised ¥3,700,000.00 from new investments, compared to ¥1,050,000.00 in the previous period[36]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,386[12]. - The company’s major shareholder, Ningbo Gaosi Investment Co., Ltd., holds 29.72% of the shares, totaling 125,996,000 shares[13]. - The company’s major shareholders include Jiangsu Securities Co., Ltd. with 2.23% and Guo Qiyin with 2.92%[13]. - The company has not engaged in any share lending or borrowing activities among its top shareholders[13]. Corporate Governance - The company’s independent director, Wu Leiming, completed his term and resigned on February 19, 2025, with Zhang Jun being elected as his replacement[16]. - The company’s independent director, Li Yamin, resigned on March 5, 2025, and Fang Xiaomin was elected as her replacement[18]. - The company’s independent directors have been actively replaced to ensure governance continuity[16][18]. Business Developments - The company received the "High-tech Enterprise Certificate" from Ningbo Science and Technology Bureau, valid for three years, allowing a corporate income tax rate of 15%[14]. - The company completed the change of business registration, extending its operating period to "perpetual" from "June 10, 1992, to February 22, 2025"[15]. - The company plans to establish a holding subsidiary, Shenzhen Yiransi Technology Co., Ltd., with an investment of 6.5 million RMB, holding 65%[20]. - The company has agreed to dissolve the subsidiary Henan Zhongke General Electronic Information Technology Co., Ltd., to enhance operational efficiency[19]. - The company completed the acquisition of 100% equity in Zhongwei Construction (Shanghai) Development Co., Ltd. for CNY 600,000, which has qualifications for electronic and intelligent engineering contracting[25]. - The company signed an agreement to acquire 70% of Shenzhen Taiheng Optoelectronics Co., Ltd. for CNY 17.5 million, with the transaction completed on October 10, 2025[26]. - The company agreed to transfer its entire 51% stake in Beijing Yuqian Information Technology Co., Ltd. to Ningbo GQY Video Technology Co., Ltd. on June 5, 2025, following a board meeting on May 12, 2025[22]. - The company plans to invest CNY 2.04 million to hold a 51% stake in Shanghai Yujian Guanghai Cultural Technology Co., Ltd. as part of a joint venture with Hangzhou Guowen Qiyu Cultural Technology Co., Ltd. and Shanghai Guanghai Wuchuang High-tech Co., Ltd.[21]. Inventory and Costs - Inventory increased by 85.97% to ¥63,039,899.96, attributed to increased stocking in response to orders[10]. - Total operating costs for the current period are ¥101,012,271.67, down 11.8% from ¥114,487,020.93 in the previous period[31]. - Research and development expenses for the current period are ¥4,504,367.04, down 20.9% from ¥5,693,182.66 in the previous period[32]. - The company's inventory increased from CNY 33,897,277.65 to CNY 63,039,899.96, reflecting a 85.5% increase in stock levels[29]. - The company reported a net loss of CNY 64,337,952.41 in retained earnings, compared to a loss of CNY 32,773,488.83 at the beginning of the period[30].