Core Viewpoint - The company, Yitong Century, clarified that it has no business cooperation with Tesla, despite previous involvement in related IoT platforms which will not be renewed after December 31, 2024 [1] Group 1: Company Relationship with Tesla - The company confirmed that there is no current business collaboration with Tesla [1] - Previous agency work related to IoT platforms is set to expire at the end of 2024, and the company will not renew the contract [1] Group 2: Market Perception - The company noted that the high expectations investors have for Tesla's Full Self-Driving (FSD) technology may influence perceptions of the IoT sector [1]

Core Viewpoint - The company, Yitong Century, emphasizes its commitment to telecommunications services while exploring opportunities in other fields such as IoT and big data to drive future growth [1] Group 1 - The company's strategy focuses on strengthening its traditional telecommunications business [1] - The company is actively monitoring and exploring other sectors to identify new growth opportunities [1] - The transition from telecommunications services to information services like IoT and big data is seen as a potential avenue for future performance improvement [1]

Core Viewpoint - The company confirmed that its production and operations are normal as of October 30, 2025, and referenced its third-quarter report for detailed financial data [2] Group 1 - The company responded to investor inquiries on an interactive platform [2] - The company disclosed its third-quarter report for 2025 on October 28, 2025 [2] - Investors are encouraged to refer to the company's relevant reports for specific operational data for the first three quarters of 2025 [2]

Core Viewpoint - Yitong Century Technology Co., Ltd. has disclosed its third-quarter report for 2025, ensuring the accuracy and completeness of the information provided [1] Group 1 - The third-quarter report was published on October 28, 2025, on the designated information disclosure website of the China Securities Regulatory Commission [1] - The company and its board members guarantee that the disclosed information is true, accurate, and complete, with no false records or misleading statements [1]

Core Viewpoint - The article discusses the ongoing legal issues faced by Yitong Century (宜通世纪) due to false statements leading to investor claims, with a significant number of lawsuits currently in progress [1][3]. Group 1: Legal Proceedings - As of June 30, 2025, Yitong Century has received civil lawsuits from 356 investors, totaling approximately RMB 27.27 million due to securities false statement disputes [1]. - Out of the lawsuits, 191 cases have been concluded, with a total compensation of about RMB 11.76 million paid [1]. - Two cases have received a first-instance judgment involving an amount of RMB 37,181.07, and are currently in the second-instance process [1]. Group 2: Financial Misconduct - From May 1 to December 31, 2017, Yitong Century's subsidiary, Beitai Health, inflated revenue by RMB 97.34 million, costs by RMB 52.61 million, and total profit by RMB 40.84 million, which represented 3.7%, 9.75%, and 15.67% of the reported figures, respectively [2]. Group 3: Investor Compensation - Investors who purchased Yitong Century shares between April 3, 2018, and November 4, 2022, and sold or continued to hold their shares after November 4, 2022, are still eligible to file for compensation without incurring any costs [3].

Group 1 - The core point of the article is that Yitong Century (300310.SZ) reported a decline in both revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Group 2 - The company's operating revenue for the first three quarters was 1.694 billion yuan, representing a year-on-year decrease of 5.04% [1] - The net profit attributable to shareholders of the listed company was 3.3925 million yuan, showing a significant year-on-year decrease of 86.05% [1] - The net loss attributable to shareholders, after deducting non-recurring gains and losses, was 5.084 million yuan [1] - The basic earnings per share were 0.0038 yuan [1]

证券代码：300310 证券简称：宜通世纪 公告编号：2025-042 宜通世纪科技股份有限公司 2025 年第三季度报告已于 2025 年 10 月 28 日在 中国证监会指定的创业板信息披露网站巨潮资讯网（www.cninfo.com.cn）上披露， 请投资者注意查阅。 特此公告。 宜通世纪科技股份有限公司 董 事 会 2025 年 10 月 28 日 1 宜通世纪科技股份有限公司 关于 2025 年第三季度报告披露的提示性公告 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。 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥474,324,251.44, a decrease of 14.94% compared to the same period last year[5] - Net profit attributable to shareholders was ¥5,158,192.43, an increase of 144.67% year-on-year, while the net profit excluding non-recurring items was ¥2,818,108.07, up 130.78%[5] - The basic earnings per share for the period was ¥0.0059, reflecting a 145.04% increase compared to the previous year[5] - Total operating revenue for the period was CNY 1,694,322,276.48, a decrease of 5.03% compared to CNY 1,784,246,221.20 in the previous period[20] - The company's net loss for the period was CNY 1,265,013,276.98, slightly improved from a loss of CNY 1,268,405,821.31 in the previous period[20] - The total comprehensive income for the current period is 22,209,088.49, down from 46,827,063.23 in the previous period[22] - The basic and diluted earnings per share for the current period are both 0.0038, compared to 0.0276 in the previous period[22] - The total operating income for the current period is 2,127,746.85, compared to 40,628,899.36 in the previous period, reflecting a substantial decline[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,166,166,034.87, representing a 2.06% increase from the end of the previous year[5] - Total liabilities increased to CNY 1,286,840,575.40, up 3.1% from CNY 1,248,147,093.08[19] - The total equity attributable to shareholders increased to CNY 1,885,372,949.28 from CNY 1,863,374,565.36, reflecting a growth of 1.01%[20] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥125,010,974.41, which is a 65.87% improvement compared to the previous period[5] - The net cash flow from operating activities decreased by 65.87% to -125,010,974.41 CNY compared to the same period last year, primarily due to improved revenue collection management and optimized supply chain reducing cash payments for purchases[11] - The net cash flow from investing activities increased significantly by 1198.93% to 13,825,234.52 CNY, mainly due to a higher cash recovery from investments compared to the same period last year[11] - The net cash flow from financing activities decreased by 51.61% to 49,017,556.82 CNY, attributed to a reduction in bank borrowings compared to the previous year[11] - Cash flow from investing activities shows a net inflow of 13,825,234.52, compared to a net outflow of -1,258,065.31 in the previous period[24] - Cash flow from financing activities results in a net inflow of 49,017,556.82, down from 101,290,862.31 in the previous period[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 57,315, with no preferred shareholders having restored voting rights[12] - The top three shareholders hold a combined 16.98% of the shares, with Tong Wenwei holding 5.91% (52,108,160 shares), Shi Yazhou holding 5.21% (45,954,080 shares), and Zhong Feipeng holding 4.86% (42,880,416 shares)[12] - The total number of restricted shares at the beginning of the period was 189,918,085, with no shares released during the period, resulting in a total of 190,285,887 restricted shares at the end[16] - The company has a significant number of shares under lock-up agreements, with 50,235,120 shares held by Tong Wenwei and 45,954,080 shares by Shi Yazhou, both subject to specific release conditions[15] Operational Insights - The company's inventory increased by 47.89% to ¥798,453,626.58, primarily due to higher contract performance costs[8] - Contract liabilities rose by 106.75% to ¥381,308,170.54, indicating an increase in advance payments received from customers[8] - Research and development expenses increased to CNY 86,564,402.43, up 7.46% from CNY 80,381,114.06 year-over-year[20] - The company's cash and cash equivalents decreased to CNY 519,541,545.72 from CNY 608,605,866.69, reflecting a decline of 14.66%[18] - Accounts receivable decreased to CNY 883,541,565.14 from CNY 1,021,110,210.32, a reduction of 13.5%[18] - The company has not disclosed any new product developments or market expansion strategies during this reporting period[17] - There are no indications of mergers or acquisitions being pursued by the company at this time[17] Investment and Financial Performance - Investment income decreased by 86.27% to ¥7,924,179.79, largely due to the impact of the previous year's subsidiary's deconsolidation[10] - The company's financial expenses improved by 65.23%, with net financial income of -¥1,535,520.50, attributed to reduced interest income[9] - Other comprehensive income increased by 261.03% to ¥12,771,609.72, driven by gains in the fair value of equity investments[8] - The company reported other comprehensive income after tax attributable to the parent company of 20,703,051.08, compared to 24,143,483.91 in the previous period[22]

Group 1 - The core viewpoint of the article is that Yitong Century (300310) confirmed its normal production and operation status, indicating no risk of being designated as ST (special treatment) or delisted [1] Group 2 - The company addressed investor inquiries on October 24 through an interactive platform [1] - The statement reassures stakeholders about the company's stability and operational health [1]

Core Viewpoint - Yitong Century experienced a decline of 0.87% on October 22, with a trading volume of 81.73 million yuan, indicating a challenging market environment for the company [1]. Financing Summary - On October 22, Yitong Century had a financing buy-in amount of 10.01 million yuan and a financing repayment of 16.14 million yuan, resulting in a net financing outflow of 6.13 million yuan [1]. - The total financing balance as of October 22 is 302 million yuan, which accounts for 6.25% of the circulating market value, indicating a low level compared to the past year [1]. - The company had no short-selling activity on October 22, with a short-selling balance of 0 yuan, which is at a high level compared to the past year [1]. Company Overview - Yitong Century Technology Co., Ltd. was established on October 9, 2001, and listed on April 25, 2012. The company is based in Guangzhou, Guangdong Province [2]. - The main business segments include communication network engineering services (41.50%), maintenance services (25.36%), system solutions (15.42%), engineering services (13.05%), optimization services (3.09%), and IoT and other services (1.57%) [2]. - As of June 30, the number of shareholders was 69,100, a decrease of 2.33% from the previous period, while the average circulating shares per person increased by 2.39% to 10,009 shares [2]. Financial Performance - For the first half of 2025, Yitong Century reported a revenue of 1.22 billion yuan, a year-on-year decrease of 0.54%, and a net profit attributable to shareholders of -1.77 million yuan, a significant year-on-year decline of 104.92% [2]. - The company has distributed a total of 137 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Shareholding Structure - As of June 30, 2025, Hong Kong Central Clearing Limited is the second-largest circulating shareholder, holding 11.31 million shares, an increase of 6.05 million shares from the previous period [3].