Core Viewpoint - Greenway Technology (301322) indicated on October 30 that details regarding the revenue and cost of its electric vehicle business and semiconductor business will be available in the upcoming 2025 annual report [1] Group 1 - The company is actively engaging with investors through its interactive platform [1] - The company plans to disclose specific financial metrics related to its electric vehicle and semiconductor businesses in future reports [1]

Group 1 - The core point of the article is that Lvtong Technology (SZ 301322) announced the convening of its fourth board meeting on October 28, 2025, to review the agenda including the "2025 Q3 Report" [1] - For the first half of 2025, Lvtong Technology's revenue composition shows that electric vehicles accounted for 99.67% of total revenue, while other businesses contributed 0.33% [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation into a "slow bull" new pattern [1]

Core Viewpoint - Greenway Technology (301322.SZ) reported a decline in revenue and net profit for the first three quarters of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company's operating revenue for the first three quarters was 591 million yuan, a year-on-year decrease of 7.65% [1] - The net profit attributable to shareholders was 69.9762 million yuan, reflecting a year-on-year decrease of 44.23% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 38.0807 million yuan, down 66.00% year-on-year [1] - Basic earnings per share stood at 0.5 yuan [1]

Core Viewpoint - Greenway Technology, established in 2004 and listed on the Shenzhen Stock Exchange in March 2023, is a significant player in the domestic venue electric vehicle sector, focusing on R&D, production, and sales of electric vehicles [1] Financial Performance - In Q3 2025, Greenway Technology achieved a revenue of 591 million yuan, ranking 8th among 8 companies in the industry. The top company, Aima Technology, reported a revenue of 21.093 billion yuan, while the industry average was 5.851 billion yuan [2] - The company's net profit for the same period was 73.87 million yuan, placing it 5th in the industry. Aima Technology led with a net profit of 1.946 billion yuan, with the industry average at 496 million yuan [2] Financial Ratios - As of Q3 2025, Greenway Technology's debt-to-asset ratio was 24.23%, significantly lower than the industry average of 48.34%. This represents an increase from 6.50% in the same period last year [3] - The company's gross profit margin stood at 25.41%, down from 27.76% year-on-year, but still above the industry average of 17.98% [3] Executive Compensation - The chairman, Zhang Zhijiang, received a salary of 2.4883 million yuan in 2024, an increase of 143,600 yuan from 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 5.39% to 11,900, while the average number of circulating A-shares held per shareholder decreased by 5.11% to 7,777.05 [5]

Core Viewpoint - Greenway Technology reported a decline in revenue and net profit for the first three quarters of 2025, indicating potential challenges in its business performance [1][2]. Financial Performance - The company's revenue for the first three quarters was 591 million yuan, a year-on-year decrease of 7.65% [1]. - The net profit attributable to shareholders was 69.98 million yuan, down 44.23% year-on-year [1]. - The net profit after deducting non-recurring items was 38.08 million yuan, a decline of 66.00% compared to the previous year [1]. - Basic earnings per share stood at 0.50 yuan [1]. Profitability Metrics - The gross profit margin for the first three quarters was 25.41%, a decrease of 2.35 percentage points year-on-year [2]. - The net profit margin was 12.50%, down 7.11 percentage points from the same period last year [2]. - In Q3 2025, the gross profit margin improved to 27.16%, an increase of 2.36 percentage points year-on-year and 3.12 percentage points quarter-on-quarter [2]. - The net profit margin for Q3 was 12.76%, which is a decrease of 5.58 percentage points year-on-year but an increase of 4.20 percentage points from the previous quarter [2]. Expense Analysis - Total operating expenses for the period were 105 million yuan, an increase of 52.84 million yuan year-on-year [2]. - The expense ratio was 17.76%, up 9.62 percentage points from the same period last year [2]. - Sales expenses increased by 55.10%, management expenses rose by 56.45%, R&D expenses grew by 13.06%, and financial expenses surged by 91.63% [2]. Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 11,900, an increase of 606 from the end of the previous half-year, representing a growth of 5.39% [2]. - The average market value per shareholder increased from 386,400 yuan at the end of the previous half-year to 407,500 yuan, a rise of 5.46% [2]. Company Overview - Greenway Technology, established on May 11, 2004, is located in Dongguan, Guangdong Province, and specializes in the research, production, and sales of electric vehicles [3]. - The main revenue sources include golf carts (44.47%), parts (23.82%), sightseeing cars (21.25%), electric patrol cars (8.06%), electric trucks (1.73%), and others (0.68%) [3]. - The company is classified under the automotive industry, specifically in the category of other transportation equipment [3].

Core Points - Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd. (stock code: 301322, stock abbreviation: Lvtong Technology) held its sixth meeting of the fourth board of directors on October 28, 2025, to review and approve the third quarter report for 2025 and the management system for shares held by directors and senior management [1][3] Meeting Details - The board meeting was notified to all directors and senior management via email and WeChat on October 25, 2025. The meeting was attended by all 7 directors, with 4 participating via communication methods. The meeting was chaired by Chairman Zhang Zhijiang and complied with the Company Law and Articles of Association [2] Proposal Review Details - The board approved the third quarter report for 2025, which accurately reflects the financial status and operational results for the first three quarters of 2025, with a unanimous vote of 7 in favor and no opposition or abstentions. The report was disclosed on the same day on the official information platform [3] - The board also approved the management system for shares held by directors and senior management, aimed at regulating shareholding behavior and ensuring compliance with information disclosure. This proposal also received unanimous approval with 7 votes in favor [3] Documents for Reference - The documents for this meeting include the resolutions from the fourth audit committee meeting and the sixth board meeting. The company stated it will strictly adhere to information disclosure obligations as per relevant regulations [4]

证券代码：301322 证券简称：绿通科技 公告编号：2025-094 3．会议召开方式：网络互动方式 二、出席人员 出席本次说明会的人员有：公司董事长、总经理张志江先生；董事、副总经 理、财务总监彭丽君女士；董事会秘书江文秀女士。具体以当天实际参会人员为 准。 三、投资者参加方式 广东绿通新能源电动车科技股份有限公司 关于举行 2025 年第三季度网上业绩说明会的公告 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。 广东绿通新能源电动车科技股份有限公司（以下简称"公司"）于 2025 年 10 月 29 日在巨潮资讯网（www.cninfo.com.cn）披露《2025 年第三季度报告》（公 告编号：2025-093）。为方便广大投资者更深入、全面了解公司 2025 年第三季 度经营情况，公司将于 2025 年 11 月 5 日 15:00-16:00 举办公司 2025 年第三季度 网上业绩说明会，具体安排如下： 一、会议召开时间、地点和方式 1．会议召开时间：2025 年 11 月 5 日（星期三）15:00-16:00 2．会议召开地点：价值在线（ww ...

证券代码：301322 证券简称：绿通科技 公告编号：2025-092 广东绿通新能源电动车科技股份有限公司 第四届董事会第六次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 经审议，全体董事认为：公司《2025 年第三季度报告》真实、准确、完整 地反映了公司 2025 年前三季度的财务状况和经营成果，不存在虚假记载、误导 性陈述或重大遗漏。 具体内容详见公司同日于巨潮资讯网（www.cninfo.com.cn，下同）披露的 《2025 年第三季度报告》（公告编号：2025-093）。 一、董事会会议召开情况 广东绿通新能源电动车科技股份有限公司（以下简称"公司"）第四届董事会 第六次会议通知于 2025 年 10 月 25 日以电子邮件、微信方式送达公司全体董事、 高级管理人员。本次会议于 2025 年 10 月 28 日在公司会议室以现场结合通讯方 式召开，应出席董事 7 名，实际出席董事 7 名，其中 4 名董事以通讯方式出席会 议。本次会议由董事长张志江先生主持，公司全体高级管理人员列席了本次会议。 本次会议的召开符合《中华人民共和国公司 ...

Market Overview - On October 28, the motorcycle and other sectors rose by 0.12%, led by Zhenghe Industrial. The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1]. Stock Performance - Zhenghe Industrial (003033) closed at 86.53, up 10.01% with a trading volume of 51,900 shares and a transaction value of 432 million yuan [1]. - Shanghai Phoenix (600679) closed at 13.53, up 3.28% with a trading volume of 202,500 shares and a transaction value of 275 million yuan [1]. - TaoTao Vehicle (301345) closed at 252.20, up 2.40% with a trading volume of 18,100 shares and a transaction value of 454 million yuan [1]. - Qianli Technology (601777) closed at 11.41, up 1.78% with a trading volume of 421,100 shares and a transaction value of 480 million yuan [1]. - Other notable performances include Xinlong Health (002105) up 1.58% and Chunfeng Power (603129) up 0.52% [1]. Capital Flow - The motorcycle and other sectors experienced a net outflow of 151 million yuan from main funds, while retail funds saw a net inflow of 62.61 million yuan [2]. - The main funds showed a net outflow in several stocks, including Zhenghe Industrial and Qianli Technology, while retail investors contributed positively to stocks like Green通科技 [3]. Detailed Stock Capital Flow - Zhenghe Industrial had a main fund net outflow of 33.16 million yuan, with retail inflow of 21.91 million yuan [3]. - Qianli Technology saw a main fund net inflow of 13.31 million yuan, but retail investors had a net outflow of 15.13 million yuan [3]. - Chunfeng Power had a main fund net inflow of 9.84 million yuan, while retail investors had a slight outflow [3].

Core Insights - The company reported third-quarter revenue of 217 million yuan, representing a year-on-year increase of 1.65% [1] - Net profit for the third quarter was 23.75 million yuan, showing a decline of 39.29% [1] - For the first three quarters, total revenue was 591 million yuan, reflecting a year-on-year decrease of 7.65% [1] - Net profit for the first three quarters amounted to 69.98 million yuan, down 44.23% year-on-year [1] Financial Performance - Third-quarter revenue: 217 million yuan, up 1.65% year-on-year [1] - Third-quarter net profit: 23.75 million yuan, down 39.29% [1] - Year-to-date revenue: 591 million yuan, down 7.65% year-on-year [1] - Year-to-date net profit: 69.98 million yuan, down 44.23% [1]