Chengdu JOUAV(SH:688070) Shang Hai Zheng Quan Bao·2025-10-27 22:46Core Viewpoint - The company has shown significant improvement in its financial performance for the first three quarters of 2025, driven by low-altitude economy policies and increasing domestic and international market demand [6][7]. Financial Performance - For the first three quarters of 2025, the company's operating revenue reached 322.36 million yuan, representing a year-on-year increase of 57.01% [6]. - In the third quarter alone, the revenue was 187.71 million yuan, up 53.79% year-on-year [6]. - The net profit attributable to shareholders for the first three quarters was -19.81 million yuan, showing a significant reduction in losses, while the third quarter net profit turned positive at 16.52 million yuan [6]. Cost Management - The company has effectively enhanced management efficiency, achieving a sales expense ratio of 23.60%, down 6.27 percentage points year-on-year, and a management expense ratio of 15.58%, down 2.78 percentage points year-on-year [6]. Future Outlook - The company plans to capitalize on growth opportunities in the low-altitude economy sector, focusing on the development of drone systems and expanding both domestic and international markets [7]. - There will be a continued emphasis on cost control and management efficiency to support steady growth and achieve annual business objectives [7]. Investor Communication - An investor briefing is scheduled for November 7, 2025, to discuss the third-quarter results and address investor inquiries [11][12].