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]

广东绿通新能源电动车科技股份有限公司 董事、高级管理人员所持公司股份及其变动管理制度 第一章 总 则 第一条 为加强对广东绿通新能源电动车科技股份有限公司（以下简称"公 司 "或"本公司 "） 董事、高级管理人员所持公司股份及其变动的管理，根 据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国 证券法》（以下简称"《证券法》"）和中国证券监督管理委员会（以下简称"中 国证监会"）《上市公司董事和高级管理人员所持本公司股份及其变动管理规则》 《上市公司股东减持股份管理暂行办法》以及深圳证券交易所（以下简称"证券 交易所"）《深圳证券交易所上市公司自律监管指引第10号——股份变动管理》 《深圳证券交易所上市公司自律监管指引第18号——股东及董事、高级管理人员 减持股份》等法律法规、规范性文件和《广东绿通新能源电动车科技股份有限公 司章程》（以下简称"《公司章程》"）的有关规定，结合公司实际情况，特制 定本制度。 第二条 本制度适用于公司的董事、高级管理人员，其所持公司股份是指登 记在其名下和利用他人账户持有的所有公司股份。公司董事和高级管理人员从事 融资融券交易的，其所持本公司股份还包括记载在 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥216,785,669.96, representing a year-on-year increase of 1.65%[5] - The net profit attributable to shareholders for the same period was ¥23,749,527.05, a decrease of 39.29% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,624,696.69, down 80.16% year-on-year[5] - The company’s basic earnings per share for the reporting period was ¥0.17, a decrease of 37.04% compared to the same period last year[5] - The company's net profit decreased by 41.13% year-on-year, amounting to ¥73,866,474.55, compared to ¥125,473,091.01 in the previous period[15] - Total revenue fell by 43.26% year-on-year, with a total profit of ¥82,645,389.65, down from ¥145,647,854.19[15] - Basic and diluted earnings per share decreased by 41.86%, from ¥0.86 to ¥0.50[15] - The total comprehensive income decreased by 40.88% year-on-year, totaling ¥74,177,307.50 compared to ¥125,473,091.01 previously[15] - The company reported an increase in asset impairment losses by 150.34%, amounting to ¥8,978,699.69 due to increased inventory write-downs[15] - The total operating revenue for the current period is ¥590,831,593.53, a decrease of 7.6% compared to ¥639,753,549.32 in the previous period[29] - Net profit for the current period is ¥73,866,474.55, down 41.2% from ¥125,473,091.01 in the previous period[30] - Basic and diluted earnings per share decreased to ¥0.50 from ¥0.86 in the previous period[30] - The total comprehensive income for the current period is ¥74,177,307.50, down from ¥125,473,091.01 in the previous period[30] Assets and Liabilities - The total assets at the end of the reporting period reached ¥4,023,399,569.55, an increase of 29.51% from the end of the previous year[5] - The company's total liabilities as of September 30, 2025, were 974,836,487.86 yuan, compared to 281,583,250.35 yuan at the beginning of the period[27] - The company's total equity attributable to shareholders was 2,841,384,037.23 yuan, showing a slight increase from 2,825,153,025.39 yuan at the beginning of the period[28] - The company's cash and cash equivalents decreased to 245,078,796.21 yuan from 258,546,071.72 yuan at the beginning of the period[26] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable by 47.28% to ¥337,872,444.95, primarily due to the consolidation of Jiangsu Damo Semiconductor Technology Co., Ltd.[12] - Accounts receivable increased significantly to 337,872,444.95 yuan from 229,402,630.54 yuan at the beginning of the period, indicating improved sales performance[26] - Inventory surged by 525.68% to ¥824,366,819.45, also attributed to the consolidation of Damo Semiconductor[12] - Inventory surged to 824,366,819.45 yuan from 131,755,296.07 yuan at the beginning of the period, reflecting increased production or stockpiling[26] Cash Flow - The company’s cash flow from operating activities for the year-to-date was ¥121,177,612.95, reflecting a decline of 30.57%[5] - Cash received from sales of goods and services was ¥564,810,692.22, a decline of 8.5% from ¥617,522,921.57 in the previous period[32] - Operating cash inflow totaled $662,971,894.17, a decrease of 8.96% from $728,122,029.04 in the previous period[33] - Net cash outflow from operating activities was $541,794,281.22, resulting in a net cash flow from operating activities of $121,177,612.95, down 30.54% from $174,535,230.44[33] - Cash inflow from investment activities reached $3,194,972,857.70, significantly up from $964,769,797.50, marking a 231.36% increase[33] - Net cash outflow from investment activities was $3,171,727,617.30, leading to a net cash flow from investment activities of $23,245,240.40, compared to a negative $1,804,778,951.46 in the previous period[33] - Cash inflow from financing activities amounted to $11,251,166.67, an increase from $791,956.16[34] - Net cash outflow from financing activities was $138,053,245.18, compared to $192,182,296.52 in the previous period, indicating a reduction of 28.19%[34] - The net increase in cash and cash equivalents was $21,627,307.95, contrasting with a significant decrease of $1,815,163,520.59 previously[34] - The ending balance of cash and cash equivalents stood at $239,300,526.82, up from $153,973,173.06[34] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,851[17] - The largest shareholder, Zhang Zhijiang, holds 31.92% of the shares, totaling 45,472,698 shares[17] - The company has a total of 50,292,198 restricted shares at the end of the reporting period[20] Market Conditions and Regulatory Issues - The company is facing intensified market competition and international trade friction, impacting sales volume and gross margin[15] - The U.S. Department of Commerce initiated anti-dumping and countervailing investigations on certain low-speed personal transportation vehicles imported from China, affecting the company's electric vehicle exports to the U.S.[23] - The final ruling of the "double-reverse" investigation resulted in an anti-dumping tax rate of 119.39% and a countervailing tax rate of 31.45% applicable to the company[24] Consolidation and Acquisitions - The company used a total of 530.4 million yuan in excess fundraising to acquire 51% of Jiangsu Damo Semiconductor Technology Co., Ltd. through equity transfer and capital increase[21] - After the completion of the transaction in September 2025, Damo Semiconductor became a subsidiary of the company and was included in the consolidated financial statements[22] Accounting Standards - The company did not undergo an audit for the third quarter financial report[35] - The new accounting standards will be implemented starting in 2025, but the company has opted not to apply them for the current period[35]

Market Overview - The motorcycle and other sectors increased by 0.69% compared to the previous trading day, with Xinlong Health leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Stock Performance - Key stocks in the motorcycle sector showed the following performance: - Xinlong Health (002105) closed at 6.93, up 2.97% with a trading volume of 81,000 shares and a turnover of 55.44 million yuan [1] - Linhai Co., Ltd. (600099) closed at 10.93, up 2.82% with a trading volume of 36,400 shares and a turnover of 39.37 million yuan [1] - Taotao Industry (301345) closed at 240.50, up 2.57% with a trading volume of 17,000 shares and a turnover of 410 million yuan [1] - Other notable stocks include Huayang Racing (920058) and Jiuyi Company (6006899), which also experienced gains [1] Capital Flow - The motorcycle and other sectors saw a net inflow of 8.76 million yuan from main funds, while retail investors contributed a net inflow of 35.90 million yuan [2] - The main funds experienced a net outflow of 44.65 million yuan from speculative funds [2] Individual Stock Capital Flow - Notable capital flows for specific stocks include: - Jiuyi Company (689009) had a net inflow of 39.18 million yuan from main funds, while speculative funds saw a net outflow of 28.45 million yuan [3] - Longxin General (603766) had a net inflow of 13.46 million yuan from main funds, with speculative funds showing a net inflow of 20.83 million yuan [3] - Taotao Industry (301345) had a net inflow of 11.56 million yuan from main funds, while retail investors experienced a net outflow [3]