Summary of Xiongdi Technology Conference Call Company Overview - **Company**: Xiongdi Technology - **Date**: October 23, 2025 Key Points Financial Performance - **Net Profit**: Achieved a net profit of 6.71 million RMB, a year-on-year increase of 108.05% [2][3] - **Cumulative Net Profit**: Total net profit reached 18.38 million RMB, up 71.16% year-on-year [2][3] - **Deducted Non-Recurring Profit**: Net profit excluding non-recurring items grew by 302% year-on-year, totaling 13.93 million RMB [2][3] - **Operating Cash Flow**: Net operating cash flow increased by 119.03% year-on-year, amounting to 14.49 million RMB [2][3] Revenue Growth - **Revenue**: Third-quarter revenue was 127 million RMB, a 5.96% increase year-on-year; cumulative revenue for the first three quarters was 338 million RMB, up 5.63% [3] - **Contract Liabilities**: Significant growth in contract liabilities due to customer prepayments, primarily from overseas clients, indicating future revenue potential [2][5] Business Model and Contracts - **Burkina Faso Project**: A five-year operational contract expected to contribute approximately 40 million RMB annually, marking a shift to a volume-based charging model [2][6] - **International Expansion**: Actively expanding into overseas markets, including projects in Mali and Malawi, with a focus on West Africa centered around Ethiopia [2][7] Market Dynamics - **High Margins in Overseas Markets**: Overseas market gross margins are close to 50%, higher than domestic margins, with adjustments based on country risk [2][8] - **Security Document Market**: The market has high entry barriers and few competitors, allowing Xiongdi Technology to gain market share through partnerships and experience accumulation [2][9] Product and Technology Innovations - **MLP Anti-Counterfeiting Technology**: The introduction of MLP multi-layer anti-counterfeiting technology enhances product competitiveness, particularly in electronic passport upgrades driven by ICAO [4][14] - **Overall Solutions**: Transitioning from hardware to comprehensive solutions has significantly increased contract values and market space [10] Future Outlook - **Order Growth**: Continued rapid growth in overseas orders is expected, driven by the renewal cycle of security documents and the increasing replacement of European companies by Chinese firms [11][12] - **Market Size**: The global security document market is substantial, with major companies generating billions in revenue, indicating significant growth opportunities [16] - **2026 Projections**: Anticipated continued growth in order scale and market expansion based on current trends in contract liabilities [17] Domestic Market Challenges - **Domestic Business Performance**: The domestic market for smart governance and transportation has seen declines due to fiscal constraints, but efforts are being made to mitigate these impacts through diversification [18][21] - **Postal Equipment Opportunities**: High potential in postal equipment business due to automation and efficiency improvements, with plans to extend technology into more sectors [19] Emerging Technologies - **Quantum Technology**: The company has made initial investments in quantum computing and communication, with future applications expected in privacy protection [22] International Business Development - **Historical Growth**: The company has a history of international project involvement since 2008, with significant revenue recovery post-pandemic, and expects overseas revenue to surpass domestic revenue in the coming years [23][24] Conclusion Xiongdi Technology is experiencing robust financial growth, driven by strategic international expansion, innovative product offerings, and a strong market position in the security document sector. The company is well-positioned for future growth, particularly in overseas markets, while also addressing challenges in the domestic landscape.

Group 1: Earnings Reports - Tonghuashun reported a 39.67% increase in revenue to 3.261 billion yuan for the first three quarters of 2025, with a net profit increase of 85.29% to 1.206 billion yuan [2] - Weihua New Materials experienced a 15.18% decline in revenue to approximately 660 million yuan for the first three quarters, but a significant net profit increase of 250.04% in Q3 to approximately 25.38 million yuan [1] - Yanjing Co. achieved a 22.99% revenue growth to 1.295 billion yuan for the first three quarters, with a net profit increase of 27.95% to approximately 42.5 million yuan [1] - XH Technology reported a 26.47% revenue increase to approximately 742 million yuan for the first three quarters, with a net profit increase of 186.19% to approximately 95.47 million yuan [5] - Dongtian Micro reported a 53.91% revenue increase to approximately 637 million yuan for the first three quarters, with a net profit increase of 99.2% to approximately 80.03 million yuan [6] Group 2: Corporate Actions - China Unicom plans to spin off its subsidiary, Unicom Smart Network Technology, for listing on the Shenzhen Stock Exchange's Growth Enterprise Market, aiming to enhance innovation and competitiveness in the vehicle networking industry [3] - Kailer Co. is planning to acquire at least 50% of Kesheng Electromechanical, aiming to enter the high-end coating equipment sector [11] - Huitong Technology is preparing for an H-share listing in Hong Kong, with management authorized to initiate the process [11] Group 3: Other Notable Developments - Hengyi Petrochemical's subsidiary has successfully entered the trial production phase of a new project aimed at increasing its nylon production capacity [12] - Sichuan Chengyu's subsidiary signed a sand and gravel supply contract for a highway project, with a total transaction amount expected to be under 100 million yuan [14] - Sanwang Communication's board received a proposal for a share buyback plan, with a total amount not less than 20 million yuan [14]

Group 1 - Sanwang Communication plans to repurchase shares worth 20-40 million yuan for employee stock incentive plans [1] - Ankrui reported a net profit of 192 million yuan for the first three quarters, a year-on-year increase of 21.31% [1] - Taishan Petroleum's net profit for the first three quarters reached 113 million yuan, up 112.32% year-on-year [1] - Zhejiang Xiantong achieved a net profit of 152 million yuan for the first three quarters, a 17.4% increase year-on-year [1] Group 2 - Xuanji Information reported a net loss of 173 million yuan for the first three quarters [1] - Mailande's net profit slightly decreased by 0.07% to 96 million yuan for the first three quarters [1] - Tengjing Technology's subsidiary received a sales order worth 87.61 million yuan [1] Group 3 - Hotgen Biotech's affiliate achieved positive results in Phase Ib clinical trials for the innovative drug SGC001 [1] - Zhongyan Dadi won a bid for a sports project in Beijing worth 74.04 million yuan [1] - Henghui Security's net profit decreased by 12.85% to 81.98 million yuan for the first three quarters [1] Group 4 - Xiongdi Technology's net profit increased by 71.16% to 18.38 million yuan for the first three quarters [1] - Meilixin reported a net loss of 215 million yuan for the first three quarters [1] - Haichen Pharmaceutical's net profit grew by 16.22% to 32.68 million yuan for the first three quarters [1] Group 5 - Qiaoyuan Co. reported a net profit of 181 million yuan for the first three quarters, a 40.54% increase year-on-year [1] - Fuda Co. achieved a net profit of 221 million yuan for the first three quarters, up 83.27% year-on-year [1] - Xianggang Technology's net profit surged by 186.19% to 95.47 million yuan for the first three quarters [1] Group 6 - ST Nanchuan received a restriction order from the court due to a financial dispute [1] - Changyou Technology announced the dismissal of two vice presidents [1] - Haoyuan Automotive received a project confirmation for an automatic parking system worth 576 million yuan [1] Group 7 - Jiuzhou Biotech obtained a medical device registration certificate for a diagnostic kit [1] - Shihua Machinery signed an investment intention letter for a subsidiary's capital increase [1] - Zhuhai Mian Group plans to transfer 100% equity of Gree Real Estate [1] Group 8 - Dalian Heavy Industry reported a net profit of 490 million yuan for the first three quarters, a 23.97% increase year-on-year [1] - Haimeng Data reported a net loss of 75.43 million yuan for the first three quarters [1] - Feilong Co. achieved a net profit of 287 million yuan for the first three quarters, a 7.54% increase year-on-year [1] Group 9 - Kaipu Testing reported a net profit of 57.84 million yuan for the first three quarters, a 3.34% increase year-on-year [1] - Ganyue Express signed a strategic cooperation agreement with a major energy company [1] - Tuoshan Heavy Industry's controlling shareholder plans to reduce its stake by 2.82% [1] Group 10 - Yiatong's shareholder plans to reduce its stake by 1% [1] - Weishi Electronics reported a net profit of 24.29 million yuan for the first three quarters, a 22.59% decrease year-on-year [1] - Shensi Electronics won a bid for a data space construction project worth 161 million yuan [1] Group 11 - Xiechuang Data plans to purchase server assets worth up to 4 billion yuan [1] - Shandong Express's controlling shareholder plans to transfer 7% of its shares [1] - ST Huapeng's subsidiary received a government subsidy of 4.65 million yuan [1] Group 12 - Jieqiang Equipment's shareholder plans to reduce its stake by 1% [1] - China Jushi reported a net profit of 2.568 billion yuan for the first three quarters, a 67.51% increase year-on-year [1] - ST Fanli reported a net loss of 44.78 million yuan for the first three quarters [1] Group 13 - Xiyu Tourism reported a net profit of 98.58 million yuan for the first three quarters, a 14.51% decrease year-on-year [1] - Abison reported a net profit of 185 million yuan for the first three quarters, a 57.33% increase year-on-year [1] - Huayan Precision reported a net profit of 70.76 million yuan for the first three quarters, a 31.07% increase year-on-year [1] Group 14 - Jiangling Motors reported a net profit of 74.9 million yuan for the first three quarters, a 35.76% decrease year-on-year [1]

智通财经APP讯，雄帝科技(300546.SZ)发布2025年三季度报告，该公司前三季度营业收入为3.38亿元， 同比增长5.63%。归属于上市公司股东的净利润为1838.47万元，同比增长71.16%。归属于上市公司股东 的扣除非经常性损益的净利润为1393万元，同比增长236.61%。基本每股收益为0.1元。 ...

Group 1 - The core viewpoint of the article highlights the financial performance of Xiongdi Technology (300546) for the third quarter of 2025, showing positive growth in both revenue and net profit [1] Group 2 - In the third quarter, the company achieved operating revenue of 127 million yuan, representing a year-on-year increase of 5.96% [1] - The net profit attributable to the parent company for the third quarter was 6.71 million yuan, reflecting a significant year-on-year growth of 108.05% [1] - For the first three quarters, the company reported total operating revenue of 338 million yuan, which is a year-on-year increase of 5.63% [1] - The net profit attributable to the parent company for the first three quarters reached 18.38 million yuan, marking a year-on-year growth of 71.16% [1]

Group 1 - The core point of the article is that Xiongtu Technology (SZ 300546) held its eighth meeting of the sixth board of directors on October 21, 2025, to review the proposal for the full text of the "2025 Third Quarter Report" [1] - For the first half of 2025, Xiongtu Technology's revenue composition shows that the manufacturing of other electronic equipment in the computer sector accounted for 99.95%, while other businesses contributed 0.05% [1] - As of the time of reporting, Xiongtu Technology has a market capitalization of 4.9 billion yuan [1]

格隆汇10月22日丨雄帝科技(300546.SZ)公布2025年第三季度报告，营业收入为1.27亿元，同比上升 5.96%；归属于上市公司股东的净利润为671.17万元,同比上升108.05%；归属于上市公司股东的扣除非 经常性损益的净利润为537.79万元，同比上升302.02%。 ...

证券代码：300546 证券简称： 雄帝科技 公告编号：2025 – 047 深圳市雄帝科技股份有限公司 第六届董事会第八次会议决议公告 二、董事会会议审议情况 1.《深圳市雄帝科技股份有限公司第六届董事会第八次会议决议》； 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 经与会董事投票表决，审议通过了如下决议： 1.审议通过《关于〈2025 年第三季度报告〉全文的议案》 具体内容详见公司同日于巨潮资讯网（http://www.cninfo.com.cn）披露的 《2025 年第三季度报告》全文。 本议案已经公司董事会审计委员会审议通过。 表决结果：同意：7 票；反对：0 票；弃权：0 票。 三、备查文件 一、董事会会议召开情况 深圳市雄帝科技股份有限公司（以下简称"公司"）第六届董事会第八次会 议于 2025 年 10 月 21 日在公司会议室以现场与通讯表决的方式召开，会议通知 于 2025 年 10 月 17 日以电子邮件、电话方式送达。本次董事会应参加董事 7 人， 实际参加董事 7 人，其中唐孝宏、薛峰以通讯表决方式参会。会议由公司董事长 郑嵩先生主 ...

雄帝科技公告，第三季度营收为1.27亿元，同比增长5.96%；净利润为671.17万元，同比增长108.05%。 前三季度营收为3.38亿元，同比增长5.63%；净利润为1838.47万元，同比增长71.16%。 ...

Financial Performance - The company's revenue for Q3 2025 reached ¥126,850,775.88, representing a year-on-year increase of 5.96%[5] - Net profit attributable to shareholders was ¥6,711,745.23, a significant increase of 108.05% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥5,377,852.35, up 302.02% year-on-year[5] - The company's basic earnings per share for the period was ¥0.04, doubling from the previous year[5] - Total operating revenue for the current period reached CNY 337,916,794.90, an increase from CNY 319,920,349.60 in the previous period, representing a growth of approximately 5.9%[23] - Net profit for the current period was CNY 18,303,856.67, compared to CNY 10,738,945.89 in the previous period, reflecting a significant increase of approximately 70.5%[24] - Total comprehensive income for the period reached CNY 20,696,518.58, a significant increase from CNY 10,766,052.41 in the previous period, reflecting a growth of approximately 92.5%[25] - Basic and diluted earnings per share both improved to CNY 0.1, compared to CNY 0.06 in the prior period, marking a 66.7% increase[25] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,416,535,283.01, reflecting a growth of 5.61% from the end of the previous year[5] - The total liabilities of the company stood at CNY 292,241,180.56, an increase from CNY 244,191,879.77, marking a rise of about 19.7%[21] - The total equity attributable to shareholders of the parent company was CNY 1,124,325,943.22, up from CNY 1,096,989,848.71, showing an increase of approximately 2.5%[21] - The total non-current assets reached 3,000,000,000.00, with a significant portion being long-term receivables and investments[20] - The total liabilities amounted to 1,421,000,000.00, with a focus on managing debt levels[20] - Short-term borrowings were reported at 248,554,490.00, highlighting the company's financing strategy[20] Cash Flow - The company reported a net cash flow from operating activities of ¥14,492,626.95, which is a 119.03% increase year-to-date[5] - Net cash flow from operating activities improved by 119.03% to ¥14,492,626.95, driven by increased sales collections[10] - Cash inflow from operating activities totaled CNY 420,923,277.61, up from CNY 317,864,704.48, indicating a growth of approximately 32.5%[26] - Cash flow from investing activities resulted in a net outflow of CNY -49,808,276.64, a decrease from a net inflow of CNY 120,325,802.90 in the prior period[27] - The company reported a total cash inflow from financing activities of CNY 49,452,400.41, with a net cash flow of CNY 11,853,597.24, compared to a net outflow of CNY -8,445,540.55 in the previous period[27] Operational Highlights - The company experienced a 183.15% increase in contract liabilities, totaling ¥112,797,214.96, due to an increase in customer prepayments[9] - The company initiated a construction project for the Beijing Xiongdi Anpu expansion, contributing to a 100% increase in construction in progress[9] - The company is actively pursuing market expansion and new product development strategies[20] - Future guidance indicates a focus on enhancing operational efficiency and exploring potential mergers and acquisitions[20] Changes in Financial Reporting - The company will implement the Ministry of Finance's "Interpretation No. 17 of the Accounting Standards for Business Enterprises" regarding the classification of current and non-current liabilities starting January 1, 2024, with no impact on financial statements[17] - The company will adopt the "Interpretation No. 17" regarding the disclosure of supplier financing arrangements starting January 1, 2024[17] - The company will execute the "Interpretation No. 17" concerning the accounting treatment of sale-leaseback transactions starting January 1, 2024, with no impact on financial statements[17] - The company will implement the "Interpretation No. 18 of the Accounting Standards for Business Enterprises" regarding accounting treatment for quality guarantees not classified as performance obligations starting December 6, 2024, with retrospective adjustments to comparable period information[17] - The profit and loss statement for Q3 2024 will be impacted by an increase in operating costs by ¥18,850,734.34 and a decrease in selling expenses by the same amount[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,148[12] - The largest shareholder, Gao Jing, holds 31.60% of shares, totaling 58,975,152 shares[12]