康力源前三季度实现净利润5671万元 同比增长32.44%

Core Insights - Jiangsu Kangliyuan Sports Technology Co., Ltd. reported a revenue of 388 million yuan and a net profit of 56.71 million yuan for the first three quarters of 2025, marking a year-on-year growth of 32.44% [1] - In Q3 alone, the company achieved a revenue of 135 million yuan and a net profit of 27.43 million yuan, reflecting a significant year-on-year increase of 115.16% [1] Revenue Distribution - Over 70% of Kangliyuan's revenue comes from international markets, indicating a strong global presence [2] - The company has initiated a new project in Malaysia for fitness equipment production, which began trial production in August and is expected to enter mass production by the end of the year [2] Market Opportunities - The domestic market is experiencing a surge in sports consumption driven by popular grassroots football events, providing new growth momentum for the fitness industry [2] - Recent government policies aim to enhance sports consumption and develop a modern sports industry system, targeting a total scale exceeding 7 trillion yuan by 2030 [2] Future Strategy - The company plans to focus on upgrading smart fitness products and building a fitness ecosystem, with an emphasis on intelligent and modular training equipment [2] - Kangliyuan aims to accelerate market penetration and service upgrades by aligning with regional events and youth training needs [2]