*ST仁东前三季度净利增长356.65% “支付+AI”战略迈出关键一步

Core Insights - *ST Rendo achieved a revenue of 600 million yuan and a net profit of 367 million yuan in the first three quarters of 2025, marking a year-on-year growth of 356.65% [1] - The company reported a net profit of 19.91 million yuan in Q3 alone, reflecting a year-on-year increase of 167.41%, continuing the strong recovery trend observed in the first half of the year [1] - The successful turnaround of the company is evidenced by its positive net assets and restored operational capabilities, leading to expectations of a delisting risk warning removal after the 2025 annual report [1] Financial Performance - In the first half of 2025, *ST Rendo achieved a net profit of 347 million yuan and successfully turned its net assets positive, overcoming previous financial difficulties [1] - The company’s cash flow has returned to a positive cycle, and its asset-liability structure is continuously improving, indicating a significant recovery in profitability [3] Strategic Developments - *ST Rendo has accelerated its business restructuring and strategic upgrades, focusing on the cross-border payment sector and leveraging AI technology to build a comprehensive smart technology ecosystem [1][2] - The company has initiated a new strategic layout just six months after completing its restructuring, including the introduction of strategic shareholders and the establishment of subsidiaries to capitalize on digital infrastructure opportunities [2] - A key step in the AI strategy was taken with a 100 million yuan investment in Jiangyuan Technology, marking the integration of "payment + AI" into its core business ecosystem [2] Market Outlook - The synergistic effect of the "payment + AI" strategy is beginning to show, with the company aiming to create a comprehensive smart technology ecosystem that spans the entire industry chain [2] - Analysts note that the significant growth in net profit and the solid business foundation indicate a transition to a new phase of stable development for the company, with potential for future growth and value reassessment by the market [3]