香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 Qfin Holdings, Inc. 奇富科技股份有限公司 （於開曼群島註冊成立的有限公司） （股份代號：3660） 2025年第三季度財務業績公告 我們謹此公佈截至2025年9月30日止第三季度的未經審核財務業績（「2025年第三 季度財務業績」）。 2025年第三季度財務業績可於香港聯合交易所有限公司網站www.hkexnews.hk及 我們的網站https://ir.qfin.com查閱。 承董事會命 奇富科技股份有限公司 首席執行官 吳海生 香港，2025年11月19日 於本公告日期，本公司董事會包括董事吳海生先生、徐祚立先生及趙丹先生；及 獨立董事肖鋼先生、閻焱先生、趙帆先生、陳曉歡先生、劉祥革先生及焦嬌女士。 1 奇富科技公佈2025年第三季度未經審核財務業績 中國上海，2025年11月18日，中國領先的人工智能賦能的信貸科技平台奇富科技股份有限公司（納斯達 克：QFIN；港交所：3660） ...

CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors: (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) STOCK CODE 股份代號:223 INTERIM REPORT 2024 / 2025 中期報告 Contents 目錄 56 Additional Information 其他資料 1 Corporate Information 公司資料 3 Management Discussion and Analysis 管理層討論及分析 12 Report on Review of Condensed Consolidated Financial Statements 簡明綜合財務報表審閱報告 13 Unaudited Condensed Consolidated Interim Financial Statements and Notes 未經審核簡明綜合中期財務報表及附註 Zhao Zhenzhong (Vice Chairman ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部份內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立之有限公司） （股份代號：223） 截至二零二四年九月三十日止六個月 中期業績公佈 易生活控股有限公司（「本公司」，與其附屬公司合稱「本集團」）董事（「董事」）會（「董 事會」）謹此公佈本集團截至二零二四年九月三十日止六個月之未經審核簡明綜合 中期業績，連同截至二零二三年九月三十日止六個月之比較數字。 本公佈載有本公司截至二零二四年九月三十日止六個月之中期報告（「中期報告」） 全文，符合香港聯合交易所有限公司（「聯交所」）證券上市規則有關中期業績初步 公告附載的資料之相關規定。中期報告之印刷版本將透過郵寄或電子方式寄發予 本公司股東，並可於聯交所網站www.hkexnews.hk及本公司指定網站 http://www.capitalfp.com.hk/chi/index.jsp?co=223閱覽。 承董事會命 易生活控股有限公司 執行董事 趙振中 香港，二零二五年十一月十八日 於本公佈 ...

Financial Performance - The group's revenue for the six months ended September 30, 2025, was approximately HKD 26,500,000, compared to HKD 20,713,000 for the same period in 2024, representing a growth of about 28%[9] - Gross profit for the same period was approximately HKD 12,400,000, with a gross profit margin increase attributed to improved operational efficiency[9] - The net profit after tax for the six months ended September 30, 2025, was approximately HKD 1,000,000, a significant recovery from a net loss of HKD 5,900,000 in the previous year[9] - Total comprehensive income for the period was HKD 1,014,000, a recovery from a loss of HKD 5,816,000 in the same period last year[11] - Basic and diluted earnings per share for the period were HKD 0.14, compared to a loss of HKD 0.85 per share in the previous year[11] - The adjusted profit before tax for the group was HKD 1,007,000, a significant improvement from a loss of HKD 5,944,000 in the previous year[34] - The net profit attributable to the company's owners was approximately HKD 1,000,000 for the six months ended September 30, 2025, compared to a loss of approximately HKD 5,900,000 in the same period of 2024[74] Expenses and Cost Management - Administrative expenses decreased to HKD 11,286,000 from HKD 14,157,000, reflecting effective cost control measures implemented by the company[10] - Employee benefit expenses, including directors' remuneration, decreased to HKD 15,111,000 for the six months ended September 30, 2025, from HKD 17,478,000 in 2024, reflecting a reduction of approximately 13.5%[43] - The company's depreciation expense for right-of-use assets was HKD 1,842,000 for the six months ended September 30, 2025, compared to HKD 1,957,000 in the previous year[14] - Administrative expenses decreased by approximately 20.3% from approximately HKD 14,200,000 to approximately HKD 11,300,000, primarily due to reduced administrative staff costs and more effective cost control measures[73] Assets and Liabilities - As of September 30, 2025, total assets amounted to HKD 85,901,000, a slight decrease from HKD 86,265,000 as of March 31, 2025[12] - The company’s total equity increased to HKD 65,530,000 as of September 30, 2025, up from HKD 64,527,000 as of March 31, 2025[12] - Total assets as of September 30, 2025, amounted to HKD 95,954,000, a slight decrease from HKD 97,664,000 as of March 31, 2025[34] - Total liabilities decreased to HKD 30,424,000 from HKD 33,137,000 in the previous reporting period[34] - The company’s current liabilities decreased to HKD 26,541,000 as of September 30, 2025, from HKD 28,083,000 as of March 31, 2025[12] Cash Flow and Financing - The company reported a net cash flow from operating activities of HKD 446,000 for the six months ended September 30, 2025, compared to a cash outflow of HKD 3,940,000 for the same period in 2024[14] - Cash and cash equivalents decreased to HKD 9,633,000 as of September 30, 2025, from HKD 11,903,000 at the beginning of the period[15] - The company raised HKD 11,600,000 from new bank loans during the six months ended September 30, 2025, compared to HKD 8,600,000 in the same period of 2024[15] - The total bank financing amounted to approximately HKD 21,000,000, of which approximately HKD 19,000,000 had been utilized as of September 30, 2025[76] Business Segments and Revenue Sources - The green building certification consulting segment generated revenue of HKD 16,580,000, up 30.5% from HKD 12,652,000 in 2024[33] - The sustainable development and environmental consulting segment reported revenue of HKD 5,694,000, an increase of 43.0% compared to HKD 3,986,000 in the prior year[33] - The company's revenue contributions from business segments as of September 30, 2025, are approximately 65.3% from green building certification, 21.8% from sustainability and environmental consulting, 5.2% from acoustics, and 7.7% from ESG reporting[56] Market and Operational Insights - The company experienced growth in operational income from markets outside Hong Kong, including mainland China, Macau, and Southeast Asia[9] - The company operates primarily in Hong Kong, Macau, China, and Southeast Asia, providing consulting services related to green building certification, sustainability, and environmental consulting[16] - The company is positioned to benefit from evolving climate financing ecosystems and regulatory changes driven by international climate agreements[54] - The company anticipates increased demand for technical expertise and information disclosure support due to the finalization of international carbon trading regulations[54] Corporate Governance and Compliance - The board confirmed that all information provided in the report is accurate and complete, with no misleading elements[4] - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards, ensuring compliance with applicable disclosure requirements[18] - The company has maintained compliance with all provisions of the corporate governance code during the six months ending September 30, 2025[106] - The audit committee consists of three independent non-executive directors, responsible for overseeing financial reporting and internal controls[111] Shareholder Information - The company’s ultimate holding company is Gold Investments Limited, with key executives as major shareholders[16] - As of September 30, 2025, the directors and senior executives hold approximately 384,370,800 shares, representing 52.12% of the company's equity[95] - Gold Investments Limited, a company registered in the British Virgin Islands, holds 360,850,800 shares, with ownership split between the chairman and CEO[95] - Gold Investments holds 48.93% of the company's shares, while Choy Wei Ling and City Beat Limited hold 7.45% and 5.80% respectively[99] Future Plans and Developments - The establishment of a new office in Shanghai aims to expand the group's ESG business in mainland China, enhancing its service capabilities in the region[63] - The company plans to seek other suitable investment opportunities for the remaining net proceeds, expected to be utilized by December 31, 2025[82] - The company is adapting to new climate-related disclosure requirements set by the Hong Kong Stock Exchange, effective from the 2025 fiscal year[55]

Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 731,869,000, a decrease of 15.3% compared to HKD 864,392,000 for the same period in 2024[3] - Operating loss for the period was HKD 10,115,000, compared to a loss of HKD 1,257,000 in the previous year, indicating a significant decline in operational performance[6] - Loss attributable to owners of the company was HKD 35,289,000, an improvement from HKD 43,790,000 in the prior year, reflecting a reduction in net losses[6] - Basic loss per share improved to HKD 0.142 from HKD 0.176, indicating a smaller loss per share despite the overall losses[6] - The group recorded a loss of HKD 35,300,000 for the period ending September 30, 2025[12] - The adjusted loss before tax for the period was HKD 31,613,000, with total expenses including unallocated expenses and financial costs[23] - The company recorded a loss attributable to owners of approximately HKD 35,300,000 for the current period, an improvement from a loss of HKD 43,800,000 in the same period last year[41] Revenue Breakdown - Jewelry sales decreased to HKD 674,856,000 from HKD 817,905,000, representing a decline of approximately 17.4% year-over-year[15] - Service income increased to HKD 57,013,000 from HKD 46,487,000, reflecting a growth of about 22.0% year-over-year[15] - Retail business revenue was HKD 442,995,000, while wholesale and e-commerce revenues were HKD 99,337,000 and HKD 109,039,000, respectively[23] Cost Management - The company has achieved significant cost savings, although it still incurred one-time restructuring costs during the period[4] - The group implemented several cost control strategies, including significant staff reductions, to streamline operations[12] - Employee benefits expenses, including director remuneration, decreased significantly to HKD 136,949,000 from HKD 171,479,000 year-on-year, representing a reduction of approximately 20.1%[27] - The cost of sales decreased to HKD 503,865,000 from HKD 580,903,000 year-on-year, reflecting cost control measures implemented by the company[27] Inventory and Assets - Inventory as of September 30, 2025, was HKD 1,051,737,000, slightly up from HKD 1,044,023,000 as of March 31, 2025[9] - The company has increased its inventory of 24K gold products to optimize its inventory mix in response to current market demand[40] - The total value of mortgaged or pledged assets as of September 30, 2025, was approximately HKD 327,634,000, a decrease from HKD 385,148,000 as of March 31, 2025[38] - The company's accounts receivable as of September 30, 2025, amounted to HKD 33,640,000, down from HKD 48,930,000 as of March 31, 2025[35] Business Strategy and Transformation - The company continues to optimize its product mix, increasingly focusing on 24K gold products, which may enhance profitability[4] - The group is undergoing a business model transformation, particularly in the mainland market, to enhance sales[12] - The company has continued to close underperforming retail stores in Hong Kong, Macau, and mainland China as part of its business transformation strategy[41] - The group is focusing on a light-asset strategy to deepen its business layout in mainland China, prioritizing the expansion of the franchise network over capital-intensive self-operated stores[49] Market Conditions and Outlook - Retail sales value in Hong Kong for the first nine months of 2025 decreased slightly compared to the same period last year due to geopolitical tensions and economic uncertainties, with a notable decline in consumer purchasing power[42] - The retail sales in Hong Kong and Macau are expected to show improvement in the second half of 2025, with year-on-year growth recorded since May 2025[43] - The wholesale business in mainland China experienced a decline in revenue due to weakened demand and a continuous decrease in the market for natural diamond jewelry, although overall operating profit improved due to higher gross margins[47] Financial Position and Liabilities - Cash and bank balances amounted to HKD 96,400,000, while total interest-bearing bank loans were HKD 669,600,000, with HKD 617,600,000 classified as current liabilities[12] - The group's net debt as of September 30, 2025, was approximately HKD 573.2 million, compared to HKD 543.9 million as of March 31, 2025, resulting in a net debt ratio of 172.2%[50] - The group plans to continue monitoring compliance with bank financing covenants and negotiate waivers as necessary[12] Corporate Governance - The board does not recommend declaring an interim dividend for the six months ending September 30, 2025, consistent with the previous year[54] - The group has no significant contingent liabilities not provided for in the financial statements as of September 30, 2025[52] - The board believes that the current management structure is operating effectively, despite the chairman and CEO roles being held by the same individual[55] - The audit committee reviewed the unaudited consolidated financial statements and interim report, ensuring compliance with accounting principles and standards[56] Human Resources - As of September 30, 2025, the group employed approximately 946 staff, a decrease from 1,138 staff as of September 30, 2024[53] - The group maintains competitive employee compensation, including salaries, allowances, and discretionary bonuses[53] - There were no significant changes to human resources policies during the reporting period[53]

Financial Performance - For the six months ended September 30, 2025, the group's revenue slightly increased by 0.3% to approximately HKD 127.1 million from HKD 126.7 million for the same period in 2024[11]. - The net profit for the period was approximately HKD 3.7 million, a significant recovery from a net loss of HKD 13.0 million in the previous year[11]. - Gross profit for the six months was HKD 80.2 million, compared to HKD 73.2 million in the same period last year, reflecting improved cost management[12]. - The pre-tax profit for the period was HKD 4.6 million, a turnaround from a pre-tax loss of HKD 13.0 million in the previous year[12]. - Basic and diluted earnings per share improved to HKD 0.4 from a loss of HKD 1.3 per share in the same period last year[12]. - The group reported a total comprehensive income of HKD 3,677,000 for the six months ended September 30, 2025, compared to a total comprehensive loss of HKD 12,973,000 for the same period in 2024[15]. - Revenue for the six months ended September 30, 2025, was approximately HKD 127.1 million, a slight increase of 0.3% or HKD 0.4 million compared to the same period last year[36]. - The company recorded a profit of approximately HKD 3.7 million for the six months ended September 30, 2025, compared to a loss of approximately HKD 13.0 million for the same period in 2024[49]. Cost Management - The cost of goods sold decreased to HKD 46.9 million from HKD 53.5 million, indicating a reduction in inventory costs[12]. - Employee costs were reduced to HKD 37.2 million from HKD 39.9 million, contributing to the improved profitability[12]. - Depreciation expenses decreased significantly to HKD 15.0 million from HKD 21.2 million, reflecting better asset utilization[12]. - Cost of goods sold decreased by 12.3% to approximately HKD 46.9 million from HKD 53.5 million, attributed to an increase in customers at buffet restaurants[39]. - Employee costs decreased by 6.8% to approximately HKD 37.2 million, primarily due to the closure of the "Hana" restaurant[42]. - Depreciation expenses decreased by 29.2% to approximately HKD 15.0 million, influenced by the closure of "Hana" and reduced rental costs[43]. Dividends and Equity - The board has decided not to declare an interim dividend for this period, consistent with the previous year[11]. - The group did not declare an interim dividend for the six months ended September 30, 2025, consistent with the previous year[28]. - As of September 30, 2025, the total equity attributable to the owners of the company was approximately HKD 14.6 million, up from HKD 10.9 million as of March 31, 2025[51]. Assets and Liabilities - As of September 30, 2025, the company's total assets minus current liabilities amounted to HKD 44,861,000, an increase from HKD 37,408,000 as of March 31, 2025[14]. - The company's current liabilities decreased to HKD 46,593,000 as of September 30, 2025, from HKD 54,148,000 as of March 31, 2025[14]. - The company's net current liabilities improved to HKD (11,118,000) as of September 30, 2025, from HKD (22,113,000) as of March 31, 2025[14]. - The company's non-current assets totaled HKD 55,979,000 as of September 30, 2025, down from HKD 59,521,000 as of March 31, 2025[13]. Cash Flow - The net cash generated from operating activities for the six months ended September 30, 2025, was HKD 18,941,000, compared to HKD 18,592,000 for the same period in 2024[16]. - The company's cash and cash equivalents increased to HKD 18,305,000 as of September 30, 2025, from HKD 17,526,000 at the beginning of the period[16]. - The net cash inflow from operating activities for the six months ended September 30, 2025, was approximately HKD 18.6 million, consistent with the same period in 2024[51]. - The company had a cash outflow from investing activities of HKD (765,000) for the six months ended September 30, 2025, compared to HKD (1,671,000) for the same period in 2024[16]. Operational Developments - The company continues to focus on cost control and operational efficiency to enhance profitability in future periods[11]. - The group has actively responded to changes in the Hong Kong dining market by launching various promotions and discounts during the reporting period[36]. - The group has renewed leases for existing restaurant properties in West Kowloon and Causeway Bay, and opened a new restaurant under the "Shokudo Wara" brand in Tung Chung[36]. - The group has returned the premises of the "Ben Dian (TY)" restaurant in Tsing Yi after reviewing its performance and business prospects[36]. - The restaurant operating under the "Mr. Steak" brand in Kowloon Bay has returned the premises to the landlord after the lease expired in October 2025[80]. Employee and Governance - The company employed approximately 224 employees as of September 30, 2025, an increase from 206 employees on March 31, 2025[68]. - The board of directors confirmed compliance with all applicable corporate governance code provisions, except for specific provisions regarding the separation of roles between the chairman and CEO[72]. - The company maintained the required public float as per GEM listing rules as of the report date[75]. Investments and Future Plans - The net proceeds from the IPO amounted to approximately HKD 39.6 million, with significant allocations for restaurant network expansion and operational funding[50]. - Approximately HKD 20.6 million was allocated for opening new restaurant locations, including East Tung Hana and several branches of Ben Ten, with further expansions planned as needed[52]. - About HKD 3.3 million was used for renovating existing restaurants, with ongoing evaluations for further renovations[52]. - There were no significant investments, acquisitions, or disposals of subsidiaries or joint ventures during the six months ended September 30, 2025[56].

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Enviro Energy International Holdings Limited 環 能 國 際 控 股 有 限 公 司 除二零二零年年報所載綜合財務報表附註36項下之披露外，本公司謹此提供 下列有關並非董事的最高行政人員酬金之額外資料： 最高行政人員（ 並非董事 ）截至二零二零年十二月三十一日止年度的薪酬載列 如下： – 1 – 截至二零二零年十二月三十一日止年度： 薪 金 、 津 貼 退 休 金 計 劃 以 股 份 （於開曼群島註冊成立之有限公司） （股份代號：1102） 有關二零二零年及二零二一年年報之 補充公告 茲提述：(1)環能國際控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）截 至二零二零年十二月三十一日止年度之年報（「二零二零年年報」）；及(2)本公司截 至二零二一年十二月三十一日止年度之年報（「二零二一年 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 截至2025年9月30日止第三季度的未經審計財務業績 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.09條及《證券及期 貨條例》（香港法例第571章）第XIVA部刊發。 看準科技有限公司（「本公司」）欣然公佈根據美國證券交易委員會（「美國證監會」） 的適用規則刊發的本公司、其附屬公司及合併聯屬實體截至2025年9月30日止三 個月的未經審計合併業績（「2025年第三季度財務業績」）。 2025年第三季度財務業績乃根據不同於國際財務報告準則的美國公認會計準則編 製。 KANZHUN LIMITED 看準科技有限公司 （於開曼群島註冊成立以同股不同權控制的有限責任公司） （股份代號：2076） （納斯達克股份代碼：BZ） 內幕消息 本文附表一為本公司於2025年11月18日（美國東部時間）刊發的有關2025年第三 季度財務業績的新聞稿全文，其中部分內容可能構成本公司的重大內幕消息。 1 本公告包含 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 Pharma Corporation Jacobson Pharma Corporation Limited 雅 各 臣 科 研 製 藥 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：2633） 截至二零二五年九月三十日止六個月的 中期業績公告 財務摘要 – 1 – 截 至 二 零 二 五 年 九 月 三 十 日 止 六 個 月－未 經 審 核 | | | 截至九月三十日止六個月 | | | --- | --- | --- | --- | | | | 二零二五年 | 二零二四年 | | | 附 註 | 千港元 | 千港元 | | 收 益 | 4 | 766,553 | 810,002 | | 銷售成本 | | (428,750) | (458,531) | | 毛 利 | | 337,803 | 351,471 | | 其他收入淨額 ...

Financial Performance - Xiaomi Corporation reported a total revenue of RMB 113.1 billion for Q3 2025, representing a year-on-year increase of 22.3%[9]. - The adjusted net profit for Q3 2025 reached RMB 11.3 billion, marking an 80.9% increase compared to the same period last year[5]. - Revenue increased by 22.3% from RMB 92.5 billion in Q3 2024 to RMB 113.1 billion in Q3 2025[31]. - Gross profit rose to RMB 25.9 billion in Q3 2025, up from RMB 18.9 billion in Q3 2024, reflecting a gross margin improvement[30]. - The company reported a net profit of RMB 12.3 billion in Q3 2025, up 3.2% from RMB 11.9 billion in Q2 2025[66]. - Adjusted net profit rose by 80.9% from RMB 6.3 billion in Q3 2024 to RMB 11.3 billion in Q3 2025[65]. - Operating profit increased significantly to RMB 15.1 billion in Q3 2025, compared to RMB 6.0 billion in Q3 2024[30]. Revenue Segmentation - The smartphone segment generated revenue of RMB 84.1 billion in Q3 2025, with a year-on-year growth of 1.6%[9]. - The revenue from the smart electric vehicle and AI innovation segment reached RMB 29 billion, achieving a historical high with a year-on-year growth of 199.2%[9]. - The IoT and lifestyle consumer products segment reported revenue of RMB 27.6 billion, a year-on-year growth of 5.6%, with a gross margin of 23.9%, up 3.2 percentage points[22]. - The internet services segment achieved a record revenue of RMB 9.4 billion, a year-on-year increase of 10.8%, with global monthly active users reaching 741.7 million, up 8.2%[25]. - The smart electric vehicle and AI innovation segment reported revenue of RMB 29 billion, with smart electric vehicle revenue at RMB 28.3 billion, marking a historic high[26]. Market and Sales Performance - Xiaomi's global smartphone shipments totaled 43.3 million units in Q3 2025, reflecting a 0.5% year-on-year increase, maintaining a global market share of 13.6%[10]. - Xiaomi's high-end smartphone sales accounted for 24.1% of total smartphone sales in mainland China, an increase of 4.1 percentage points year-on-year[14]. - The Xiaomi 17 series saw a 30% year-on-year increase in sales compared to the previous generation, with the Pro models accounting for over 80% of sales[19]. Research and Development - Research and development expenses for Q3 2025 amounted to RMB 9.1 billion, up 52.1% year-on-year, with total R&D spending for the first three quarters reaching RMB 23.5 billion[12]. - R&D expenses rose to RMB 9.1 billion in Q3 2025, up from RMB 6.0 billion in Q3 2024, indicating a focus on innovation[30]. - R&D expenses increased by 52.1% from RMB 6 billion in Q3 2024 to RMB 9.1 billion in Q3 2025, mainly due to higher R&D costs related to smart electric vehicles and AI[55]. Capital Expenditures and Investments - Capital expenditures for the first three quarters of 2025 reached approximately RMB 13 billion, representing an 86.7% year-on-year increase[16]. - Capital expenditures for Q3 2025 totaled RMB 5.38 billion, an increase from RMB 4.87 billion in Q2 2025, with significant investments in smart electric vehicles and AI-related innovations[116]. - The company held investments in approximately 420 companies, with a total book value of RMB 86.2 billion as of September 30, 2025, and recorded a net gain of RMB 1.8 billion from investment disposals in Q3 2025[118]. Cash Flow and Financing Activities - The net cash generated from operating activities for the third quarter of 2025 was RMB 5.4736 billion, after accounting for income tax payments of RMB 700 million[110]. - The net cash used in investment activities for the third quarter of 2025 was RMB 2.0925 billion, primarily due to purchases of property, plant, and equipment totaling RMB 3.1 billion[112]. - The net cash used in financing activities for the third quarter of 2025 was RMB 3.9162 billion[110]. - The company issued USD 600 million 3.375% senior notes due in 2030, guaranteed unconditionally by the company[107]. - The company issued USD 800 million 2.875% senior notes due in 2031 and USD 400 million 4.100% green bonds due in 2051, both guaranteed by the company[109]. Employee and Operational Metrics - The total number of full-time employees as of September 30, 2025, was 56,231, with 24,871 in R&D roles, emphasizing the focus on talent acquisition and retention[120]. - Sales and marketing expenses grew by 32.3% from RMB 6.3 billion in Q3 2024 to RMB 8.3 billion in Q3 2025, attributed to the expansion of Xiaomi stores and advertising costs[56]. Assets and Liabilities - Total assets reached RMB 502,766,504 thousand as of September 30, 2025, compared to RMB 403,155,289 thousand in 2024, marking an increase of about 24.7%[128]. - The company’s total liabilities increased to RMB 237,203,136 thousand in 2025 from RMB 213,950,170 thousand in 2024, reflecting a growth of approximately 10.9%[128]. - The company’s equity attributable to owners increased from RMB 188,737,777 thousand in 2024 to RMB 265,458,760 thousand in 2025, a rise of about 40.7%[128]. Corporate Governance and Compliance - The company has complied with all corporate governance code provisions except for the separation of the roles of Chairman and CEO, which are held by the same individual[155]. - The audit committee reviewed the unaudited interim results for the three and nine months ended September 30, 2025[156]. - As of September 30, 2025, the company was not involved in any significant litigation or arbitration[157].