Koal(SH:603232) Zheng Quan Ri Bao Wang·2025-10-30 13:13Core Viewpoint - Geer Software has demonstrated strong financial performance and is at the forefront of quantum-resistant cryptography technology, positioning itself for future growth in the cybersecurity sector [1][2]. Financial Performance - In the first three quarters of 2025, Geer Software achieved a total revenue of 235 million yuan, with the third quarter alone generating 120 million yuan, reflecting a quarter-on-quarter growth of 71.01% [1]. Quantum Cryptography Development - Since 2021, Geer Software has been pioneering in the field of post-quantum cryptography (PQC), integrating cutting-edge technologies such as quantum random number generation and quantum key distribution into its product offerings [1]. - The company's KOAL-NSAG security certification gateway is the first product in China to pass the PQC verification test conducted by the China Academy of Information and Communications Technology [1]. Product Application and Strategy - Geer Software's entire line of cryptographic products has begun to demonstrate quantum resistance capabilities, with several commercial cryptographic products successfully passing third-party PQC validation tests [1]. - The company has implemented PQC technology on its official website, showcasing its technical maturity and providing a reference for the industry on PQC migration paths [2]. Market Expansion - Geer Software is actively expanding its overseas business while focusing on the domestic market, responding to the national "Digital Silk Road" initiative by collaborating with countries along the route [2]. - The company has successfully applied its quantum-resistant cryptography products in international markets, aiming to establish partnerships for mutual benefit and contribute to the construction of digital infrastructure security [2].