GONGJIN(SH:603118) Zheng Quan Ri Bao Wang·2025-10-29 13:15Group 1 - The core viewpoint of the news is that Shenzhen Gongjin Electronics Co., Ltd. reported significant growth in revenue and net profit for the first three quarters of 2025, indicating strong operational performance and market expansion [1] - For the first three quarters of 2025, the company achieved operating revenue of 6.539 billion yuan, a year-on-year increase of 8.15%, and a net profit of 86 million yuan, a remarkable year-on-year growth of 529.94% [1] - In Q3 2025, the company recorded operating revenue of 2.386 billion yuan, reflecting a year-on-year growth of 16.10% and a quarter-on-quarter increase of 13.51%, with net profit reaching 29 million yuan [1] Group 2 - The improvement in overall profitability is attributed to revenue growth, enhanced gross margin, and effective control of operating expenses, with a gross margin of 11.99% for the first three quarters, up 0.25 percentage points year-on-year, and a decrease in expense ratio by 1.99 percentage points [1] - The company has been actively expanding both domestic and international markets, deepening cooperation with core clients, and continuously consolidating its competitive advantages [1] - The overseas business accounted for over 70% of total revenue in the first three quarters, with a year-on-year growth rate exceeding 40%, showcasing strong momentum in international development [1] Group 3 - To support business growth, the company is enhancing its global production capacity, operating nearly 90 SMT production lines across four major production bases, which meet high-end electronic product manufacturing requirements [2] - The company’s second phase factory in Vietnam has commenced production, and a North American cooperative factory project is underway, indicating ongoing expansion of overseas capacity [2] - The company is experiencing positive progress in diversified business areas driven by global data center construction, AI computing power demand, and automotive intelligence trends, with significant revenue recovery in its AP series and expanding market share in switches and servers [2]