Integrity Technology (SH:688244) Zheng Quan Shi Bao Wang·2025-10-30 06:39Core Viewpoint - The company is accelerating the development of AI-native security capabilities and expanding its "Digital Wind Tunnel" product system to meet emerging digital health management needs, while also improving financial performance despite ongoing losses [1][4]. Group 1: AI Development and Security - The company achieved over 17 million yuan in revenue from AI-related businesses during the reporting period [2]. - It won a project for the "Artificial Intelligence Security Teaching and Research Platform" at the University of Science and Technology of China, showcasing its technical strength in AI education and research [2]. - The company launched the "Yuanfang" series of products with native security attributes and is working on compatibility with various domestic CPUs and operating systems [2]. - It introduced the first AI education product, the "Yuanfang-AI Teaching Training Platform," to empower AI education systematically [2]. - The company is actively involved in developing the first technical specification guide for the security requirements of government-level AI models [2]. Group 2: Digital Wind Tunnel and Market Position - The "Digital Wind Tunnel" continues to support new application scenarios, with revenue growth exceeding 10% year-on-year [3]. - The company maintains a leading position in the network range market, with its technology recognized by multiple awards [3]. - It secured significant contracts for network range construction projects, validating its core technology's reliability in complex scenarios [3]. - The company has supported over 850 key event drills and real-world testing evaluations, enhancing overall defense levels across various industries [3]. Group 3: Financial Performance - In the first three quarters, the company reported revenues of 142 million yuan and a net loss of 54.85 million yuan, with the third quarter loss narrowing to 12.8 million yuan [4]. - The overall gross margin improved, with a sales gross margin of 55.51%, an increase of 4 percentage points [4]. - Operating cash flow net amount increased by over 40% year-on-year, indicating improved sales collection [4]. Group 4: Future Outlook - The company plans to continue investing in R&D and accelerate the deployment of its "Digital Wind Tunnel" and network range products in emerging application scenarios [5]. - It aims to become a key builder of security infrastructure in emerging fields, ensuring digital health and providing a sense of security globally [5].