Core Points - Stella-Jones Inc. is a leading North American manufacturer focused on infrastructure products essential for electrical distribution, transmission, and railway transportation systems [3] - The company supplies treated wood and steel utility poles, steel lattice towers, and treated wood railway ties to major electrical utilities and railway operators across North America [3] - Stella-Jones also manufactures premium treated residential lumber and accessories for outdoor applications, with a significant portion of its business dedicated to Canadian customers [3] Company Information - The company is listed on the Toronto Stock Exchange under the stock symbol SJ [4] - The head office is located in Saint-Laurent, Québec, with contact information provided for investor relations and corporate communications [4][5] - An upcoming conference call is scheduled for November 5, 2025, at 10:00 AM EST, with a live webcast available for interested parties [1][2]

Core Viewpoint - Stella-Jones Inc. has announced a definitive agreement to acquire Brooks Manufacturing Co. for approximately US$140 million, aiming to expand its product offerings and enhance its market reach in the utility sector [1][3]. Company Overview - Stella-Jones Inc. is a leading North American manufacturer focused on infrastructure products essential for electrical distribution and transmission, as well as railway transportation systems [4]. - The company supplies treated wood and steel utility poles, steel lattice towers, and treated wood railway ties to major electrical utilities and railway operators across North America [4]. Acquisition Details - The acquisition of Brooks, a manufacturer of treated wood distribution crossarms and transmission framing components, is expected to close by the end of the year, pending U.S. antitrust regulatory approval [1][3]. - Brooks reported sales of approximately US$84 million for the year ended December 31, 2024 [3]. - The acquisition will be financed through Stella-Jones' existing revolving credit facilities [3]. Strategic Rationale - The acquisition is seen as a natural fit that enhances Stella-Jones' ability to meet the growing demand from utilities and unlock new growth opportunities [3]. - The move aligns with the company's strategic focus to become a partner of choice for infrastructure customers [3].

Exhibit 99.3 SCIENJOY HOLDING CORPORATION INDEX TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL INFORMATION | | Page | | --- | --- | | Unaudited Condensed Consolidated Balance Sheets as of December 31, 2024 and June 30, 2025 | F-2 | | Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income for the Six Months Ended June | | | 30, 2024 and 2025 | F-3 | | Unaudited Condensed Consolidated Statements of Changes in Equity for the Six Months Ended June 30, 2024 and 2025 | F-4 | | Unaudited ...

Core Viewpoint - Scienjoy Holding Corporation reported a decline in revenues and net income for the second quarter and first half of fiscal year 2025, primarily due to a decrease in paying users in the competitive mobile live streaming market in China. However, the company is focused on advancing its "live streaming + gaming" ecosystem strategy and leveraging AI technologies to enhance user experience and drive growth [4][21]. Financial Performance - Total revenues for Q2 2025 decreased to RMB 349.0 million (US$ 48.7 million) from RMB 374.8 million in Q2 2024, a decline of approximately 6.5% [7][9]. - Gross profit for Q2 2025 was RMB 63.7 million (US$ 8.9 million), down from RMB 64.7 million in Q2 2024, while gross margin increased to 18.2% from 17.3% [7][11]. - Net income for Q2 2025 decreased to RMB 22.7 million (US$ 3.2 million) from RMB 33.4 million in Q2 2024, primarily due to a RMB 13.7 million decrease in the change in fair value of investments [7][17]. - For the first half of 2025, total revenues decreased to RMB 656.4 million (US$ 91.6 million) from RMB 691.1 million in the same period of 2024 [21]. - Gross profit for the first half of 2025 increased by 4.6% to RMB 123.2 million (US$ 17.2 million) from RMB 117.8 million in the same period of 2024, with gross margin rising to 18.8% from 17.0% [23][21]. User Metrics - Total paying users for Q2 2025 were 165,239, down from 189,860 in Q2 2024, reflecting the competitive landscape of China's mobile live streaming market [9][21]. - For the first half of 2025, total paying users decreased to 253,888 from 284,076 in the same period of 2024 [21]. Cost Management - Cost of revenues for Q2 2025 decreased to RMB 285.4 million (US$ 39.8 million) from RMB 310.1 million in Q2 2024, primarily due to a reduction in revenue sharing fees [10][22]. - Total operating expenses increased by 11.8% to RMB 40.4 million (US$ 5.6 million) for Q2 2025 from RMB 36.1 million in Q2 2024 [12]. Strategic Initiatives - The company is committed to its global expansion strategy, focusing on new markets to broaden its user base and diversify revenue streams [6]. - Scienjoy is enhancing its live streaming business and AI-driven initiatives, such as AI Vista, to deliver differentiated user experiences [5][8]. Cash Position - As of June 30, 2025, the company had cash and cash equivalents of RMB 298.5 million (US$ 41.7 million), an increase of RMB 46.0 million from RMB 252.5 million as of December 31, 2024 [32].

Group 1 - The stock price of SJ increased by 3.2% to $0.77 per share, with a total market capitalization of $32.34 million as of August 22 [1] - As of March 31, 2025, SJ reported total revenue of 307 million RMB, a year-on-year decrease of 2.83%, and a net profit attributable to shareholders of -9.09 million RMB, a year-on-year decrease of 238.15% [1] Group 2 - SJ is set to disclose its mid-year report for the fiscal year 2025 on September 4, with the actual disclosure date subject to company announcement [2] - SJ, formerly known as Wealthbridge Acquisition Limited, operates a mobile entertainment live streaming platform in China, providing immersive interactive entertainment experiences through various platforms [2]

Financial Performance - Sales for Q2 2025 were $1,034 million, a decrease of $15 million from $1,049 million in Q2 2024 [3][4] - Gross profit was $206 million, down from $226 million, resulting in a gross profit margin of 19.9% compared to 21.5% in the prior year [3][7] - Operating income decreased to $155 million from $168 million, with an operating income margin of 15.0% [3][8] - EBITDA for the quarter was $189 million, representing an EBITDA margin of 18.3%, down from 19.1% in Q2 2024 [3][8] - Net income for Q2 2025 was $106 million, or $1.91 per share, compared to $110 million, or $1.94 per share, in Q2 2024 [3][9] Acquisition and Strategic Developments - The company completed the acquisition of Locweld, a steel transmission structure manufacturer, for a total consideration of $58 million [5][15] - This acquisition is expected to enhance the company's infrastructure offerings and position it to capitalize on new investment opportunities [2][5] Market Outlook and Guidance - The company has revised its revenue outlook for 2025 to approximately $3.5 billion, down from the previous estimate of $3.6 billion, due to ongoing macroeconomic challenges [16] - The revised guidance reflects lower-than-expected organic sales growth in utility poles and a modest decline in railway ties sales [16][17] Liquidity and Capital Resources - As of June 30, 2025, the company had available liquidity of $693 million and a net debt-to-EBITDA ratio of 2.4x [14][17] - The company returned $54 million to shareholders through dividends and share repurchases during the quarter [14] Segment Performance - Utility poles sales increased to $476 million, while railway ties sales decreased to $240 million, reflecting a shift in treatment practices by a major customer [13] - Residential lumber sales remained stable at $246 million, with higher market prices offsetting softer demand [13]

Group 1 - The core viewpoint of the articles highlights the financial performance and upcoming reporting of SJ, indicating a decline in revenue and net profit [1][2] - As of August 6, SJ's stock price increased by 2.14% to $0.812 per share, with a total market capitalization of approximately $34.11 million [1] - Financial data shows that as of March 31, 2025, SJ's total revenue was 307 million RMB, a year-on-year decrease of 2.83%, and the net profit attributable to the parent company was -9.09 million RMB, a significant year-on-year decrease of 238.15% [1] Group 2 - SJ is set to disclose its mid-year report for the fiscal year 2025 on September 4, with the actual disclosure date subject to company announcements [2] - The company, formerly known as Wealthbridge Acquisition Limited, operates a mobile entertainment live streaming platform in China, providing immersive interactive entertainment experiences [2] - SJ's platform includes various services such as live streaming, events, promotions, and gaming, and it also offers technical infrastructure for interaction among live streaming companies, online users, and audiences [2]

Group 1 - The core viewpoint of the article highlights the financial performance and market activity of SJ, indicating a recent stock price increase and upcoming financial disclosures [1][2]. - As of August 5, SJ's stock opened at $0.85 per share, reflecting a 7.09% increase, with a total market capitalization of approximately $35.7 million [1]. - Financial data shows that as of March 31, 2025, SJ's total revenue was 307 million RMB, representing a year-on-year decrease of 2.83%, while the net profit attributable to shareholders was -9.09 million RMB, a significant decline of 238.15% year-on-year [1]. Group 2 - SJ is set to disclose its mid-year financial report for the fiscal year 2025 on September 4, with the actual disclosure date subject to company announcements [2]. - The company, formerly known as Wealthbridge Acquisition Limited, operates a mobile entertainment live streaming platform in China, providing immersive interactive entertainment experiences through various platforms [2]. - Established in October 2011 and headquartered in Hong Kong, SJ offers technical infrastructure that facilitates interaction among live streaming companies, online users, and audiences during live broadcasts [2].

Core Viewpoint - The company, SJ, experienced a stock price increase of 6.97% on August 5, reaching $0.849 per share, with a total market capitalization of $35.66 million [1]. Financial Performance - As of March 31, 2025, SJ reported total revenue of 307 million RMB, reflecting a year-on-year decrease of 2.83% [1]. - The company's net profit attributable to shareholders was -9.09 million RMB, showing a significant year-on-year decline of 238.15% [1]. Upcoming Events - SJ is scheduled to disclose its mid-year report for the fiscal year 2025 on September 4, with the actual release date subject to company announcement [2]. Company Overview - SJ, formerly known as Wealthbridge Acquisition Limited, operates a mobile entertainment live streaming platform in China, providing services on both PC and mobile applications [2]. - The platform offers immersive interactive entertainment through various features, including live streaming, events, promotions, and gaming [2]. - Established in October 2011, the company is headquartered in Hong Kong and provides the technical infrastructure for live streaming companies, enabling interaction among live streamers, online users, and viewers [2].

Group 1 - The core viewpoint of the news highlights the financial performance and market activity of SJ, which saw a stock price increase of 5.56% to $0.887 per share, with a total market capitalization of $37.24 million as of July 31 [1] - As of March 31, 2025, SJ reported total revenue of 307 million RMB, reflecting a year-on-year decrease of 2.83%, and a net profit attributable to shareholders of -9.09 million RMB, which represents a significant year-on-year decline of 238.15% [1] - SJ is set to disclose its mid-year financial report for the fiscal year 2025 on September 4, with the actual disclosure date subject to company announcements [2] Group 2 - SJ Holdings, formerly known as Wealthbridge Acquisition Limited, operates a mobile entertainment live streaming platform in China, providing immersive interactive entertainment experiences through various platforms including live streaming, events, promotions, and games [2] - The company, established in October 2011 and headquartered in Hong Kong, also offers technical infrastructure that facilitates interaction among live streaming companies, online users, and audiences during live broadcasts [2]