Pylon Technologies(SH:688063) Zheng Quan Ri Bao·2025-10-23 23:17Core Viewpoint - The company reported significant growth in revenue and net profit for the third quarter of 2025, driven by strong sales in both domestic and international markets, particularly in energy storage solutions [7][8]. Financial Performance - For the first three quarters of 2025, the company achieved operating revenue of 2,012.56 million yuan, a year-on-year increase of 42.52% - The net profit attributable to shareholders was 47.85 million yuan, up 28.05% - In the third quarter alone, operating revenue reached 863.22 million yuan, reflecting a 56.13% year-on-year growth, while net profit surged to 33.94 million yuan, marking a 94.01% increase [7]. Sales Volume - The company sold 2,405 MWh in the first three quarters of 2025, representing a 142.44% increase year-on-year - In the third quarter, sales reached 1,078 MWh, a 156.06% increase compared to the same period last year - Growth was attributed to the recovery of traditional markets, expansion in emerging markets, and breakthroughs in domestic and international commercial energy storage [7]. Shareholder Activity - The controlling shareholder, ZTE New Communications Co., Ltd., increased its stake in the company by purchasing 750,000 shares for 26.76 million yuan on April 22, 2025 - The shareholder plans to continue buying shares within a range of 50 million to 100 million yuan over the next 12 months, without setting a price range for the purchases [8][9]. Asset Impairment Provision - The company recognized a total impairment provision of 25.21 million yuan for the third quarter of 2025, which includes 18.07 million yuan for credit impairment losses and 7.13 million yuan for asset impairment losses - This provision reflects the company's adherence to accounting standards and aims to present a fair view of its financial status as of September 30, 2025 [13][16]. Supervisory Approval - The supervisory board approved the company's third-quarter report and the asset impairment provision, confirming that the procedures followed were in compliance with relevant laws and regulations [22][26].