Ge Long Hui A P P·2025-10-29 07:43Core Viewpoint - Guosheng Securities report indicates that Zhou Dashing's revenue decreased by 17% in Q3 2025, while net profit attributable to the parent company increased by 14%, reflecting steady improvement in profitability and meeting expectations [1] Group 1: Financial Performance - Q3 2025 revenue declined by 17% [1] - Net profit attributable to the parent company grew by 14% [1] - Projected revenue for 2025 is expected to decrease by 31.2% to 9.559 billion yuan [1] - Projected net profit for 2025 is expected to increase by 5.7% to 1.068 billion yuan [1] Group 2: Business Strategy - Focus on optimizing store structure and product structure as key business priorities [1] - Continuous promotion of product and channel structure optimization as a leading company in the domestic jewelry industry [1] Group 3: Market Conditions - Short-term revenue decline attributed to fluctuations in the consumer environment and adjustments in the company's franchise settlement model [1]