TOREAD(SZ:300005) Sou Hu Cai Jing·2025-10-19 18:39Core Viewpoint - The company, Tanshaner (探路者), is experiencing a significant decline in net profit for the first three quarters of 2025, with projections indicating a drop of 64.62% to 70.51% compared to the previous year [2][3]. Trading Information Summary - As of October 17, 2025, Tanshaner closed at 8.3 yuan, down 2.12%, with a turnover rate of 1.44%, a trading volume of 126,900 shares, and a transaction amount of 107 million yuan [1]. - On the same day, the main funds experienced a net outflow of 15.82 million yuan, while retail and speculative funds saw net inflows of 7.42 million yuan and 8.40 million yuan, respectively [1]. Performance Disclosure Highlights - Tanshaner forecasts a net profit attributable to shareholders of 30 million to 36 million yuan for the first three quarters of 2025, representing a year-on-year decline of 64.62% to 70.51% [2]. - The company also anticipates a net profit of 25 million to 29 million yuan after deducting non-recurring gains and losses, reflecting a decrease of 68.20% to 72.59% compared to the same period last year [2]. - The decline in performance is attributed to underwhelming sales in the outdoor business due to market conditions and product iteration cycles, as well as adverse effects from exchange rate fluctuations impacting the chip business [2]. Company Announcement Summary - On October 17, 2025, Tanshaner's board of directors held its seventh meeting of the sixth session, where they approved a proposal to use self-owned funds to purchase financial products, with unanimous support from all attending members [3]. - The decision-making process for the financial product purchase was compliant with legal regulations and company bylaws [3].