Financial Performance - The company's revenue for Q3 2025 reached ¥1,006,809,609.71, representing a 65.80% increase year-over-year[5] - Net profit attributable to shareholders was ¥18,715,472.66, up 56.01% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥9,133,610.88, reflecting a 4.95% increase year-over-year[5] - Operating revenue for the first nine months of 2025 reached ¥2,750,140,826.02, a 46.36% increase compared to ¥1,879,023,920.10 in the same period of 2024, primarily due to increased revenue from other business activities[12] - Net profit for the first nine months of 2025 was ¥87,949,628.55, an 80.17% increase from ¥48,816,012.96 in 2024, attributed to revenue growth and reduced financing costs[12] - Basic earnings per share for the period was ¥0.02, a 100.00% increase compared to the same period last year[5] - For the first three quarters of 2025, the company reported cumulative revenue of CNY 2,750.14 million, reflecting a growth of 46.36%; net profit attributable to shareholders reached CNY 87.95 million, an increase of 80.17%[21] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥6,448,621,771.61, a decrease of 3.89% from the end of the previous year[5] - Current liabilities totaled CNY 1,824.80 million, a decrease from CNY 2,001.76 million at the start of the period[25] - The total liabilities decreased to ¥2,212,551,628.01 from ¥2,593,081,997.70, a reduction of about 14.7%[26] - The total equity attributable to shareholders increased to ¥4,235,679,895.89 from ¥4,115,870,078.28, marking a growth of approximately 2.9%[26] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥248,683,438.05, down 7.35% compared to the previous year[5] - Cash received from sales and services amounted to ¥2,859,608,755.64, a 53.80% increase from ¥1,859,324,115.17, driven by increased operating revenue[13] - Cash paid for purchasing goods and services increased to ¥2,180,591,063.20, an 84.68% rise from ¥1,180,735,588.39, primarily due to higher material payments[13] - Cash flow from investment activities rose by 143.10% to ¥1,410,000,000.00, compared to ¥580,000,000.00, reflecting increased purchases of cash management products[13] - Net cash flow from investment activities was -56,690,280.56, compared to -89,521,317.44 in the previous period, indicating an improvement[31] - Total cash inflow from financing activities was 928,090,782.00, up from 646,257,767.22 in the previous period[31] - Net cash flow from financing activities was -265,773,156.71, compared to -309,596,386.63 in the previous period, showing a reduction in cash outflow[31] Investment and R&D - Investment income surged to ¥18,244,549.82, a 471.95% increase from a loss of ¥4,905,062.79 in the previous year, mainly due to gains from the sale of equity in an associated company[12] - The company has made significant investments in R&D for new technologies and products, positioning itself for future market expansion[21] - Research and development expenses rose to ¥126,054,433.70 from ¥111,124,906.67, an increase of about 13.5%[27] Shareholder Information - The top shareholder, Hisense Visual Technology Co., Ltd., holds 26.19% of the shares, totaling 241,068,982 shares[16] Business Developments - The Mini backlight business experienced rapid revenue growth, with the self-developed high-performance RGB-Mini LED backlight chip gaining industry recognition[21] - The Micro MIP chip has received mass production certification from leading companies in the display industry, while the Micro COG chip is undergoing international customer certification[21] - The company is a leading supplier of gallium arsenide solar cells in China, with significant sales growth and maintaining the top market position domestically[22] - The company's VCSEL products are being validated by customers in the optical communication field, with 10G/25G products currently under testing and 50G/100G products in the wafer stage[22] Other Financial Metrics - The company reported a significant decrease in cash and cash equivalents by 32.76% due to loan repayments[10] - Accounts receivable decreased by 79.82% primarily due to a reduction in received commercial acceptance bills[10] - The company experienced a 234.16% increase in prepayments, attributed to changes in settlement methods for material purchases[11] - The company reported a 406.00% increase in credit impairment losses, amounting to ¥17,265,213.00, primarily due to the recovery of accounts receivable[12] - The company's cash and cash equivalents decreased to CNY 469.81 million from CNY 698.68 million[24] - The ending balance of cash and cash equivalents was 353,749,647.28, compared to 298,629,042.41 in the previous period, reflecting an increase[31] - The impact of exchange rate changes on cash and cash equivalents was 396,609.35, compared to 43,741.89 in the previous period[31] Audit Information - The company’s third-quarter financial report was not audited[32]

Core Viewpoint - The company, Qianzhao Optoelectronics, has successfully developed flexible thin-film solar cell epitaxial products, positioning itself as a leading supplier of gallium arsenide solar cell epitaxial wafers in China [1] Group 1 - The company is recognized as a domestic leader in the supply of gallium arsenide solar cell epitaxial wafers [1] - The successful development of flexible thin-film solar cell epitaxial products marks a significant advancement for the company [1]

Core Viewpoint - Qianzhao Optoelectronics (300102) has scheduled to disclose its third quarter report for 2025 on October 24, 2025 [1] Company Information - The company has confirmed the date for its upcoming financial report, indicating a commitment to transparency and communication with investors [1]

Core Viewpoint - The company Qianzhao Optoelectronics (300102) primarily focuses on the domestic market for its gallium arsenide solar cell products, with a relatively small proportion of exports [1] Company Summary - Qianzhao Optoelectronics has indicated that its gallium arsenide solar cell products are mainly marketed within China [1] - The export share of the company's products remains low, suggesting a strong domestic focus [1]

Core Viewpoint - The company emphasizes the importance of communication with investors through various channels to convey its value to the market [1] Group 1 - The company actively engages with investors via information disclosure, shareholder meetings, performance briefings, hotlines, interactive platforms, and on-site research [1]

Core Points - The company Qianzhao Optoelectronics (300102) reported that as of October 21, 2023, the number of shareholders is approximately 54,500 [1] Summary by Category - **Company Information** - Qianzhao Optoelectronics has approximately 54,500 shareholders as of the specified date [1]

Core Viewpoint - The company is actively implementing its business strategy to enhance industrial scale effects and collaborative advantages, aligning with the future development of the commercial aerospace sector [1] Group 1 - The company is focusing on integrating internal and external resources to improve operational efficiency [1] - The strategic initiatives are aimed at adapting to the evolving demands of the commercial aerospace industry [1]

Core Viewpoint - The company Qianzhao Optoelectronics (300102) emphasizes that gallium arsenide is more suitable for long-term space missions due to its high conversion efficiency and strong stability [1] Group 1 - The company responded to investor inquiries on October 21 regarding the advantages of gallium arsenide [1] - Gallium arsenide is highlighted for its high conversion efficiency, making it a preferred choice for specific applications [1] - The stability of gallium arsenide is noted as a critical factor for long-term operational tasks in space [1]

证券日报网讯乾照光电（300102）10月21日在互动平台回答投资者提问时表示，公司重视市值管理工 作，坚持以提升经营质量和内在价值为核心，通过规范运作、提升信披质量、加强与投资者的沟通力度 等多种方式积极推动市值管理工作。 ...

Core Viewpoint - The company has scheduled the release of its third-quarter report for 2025 on October 24, 2025 [2] Company Information - Investors inquired about the timing of the company's third-quarter report [2] - The company confirmed the appointment for the report's disclosure on an investor interaction platform [2]