Zhiyang Innovation Technology (SH:688191) Xin Lang Cai Jing·2025-10-31 08:50Core Viewpoint - Zhiyang Innovation is a leading provider of intelligent operation and maintenance analysis management systems in the power sector, with strong technical research and development capabilities [1] Group 1: Company Overview - Zhiyang Innovation was established on March 27, 2006, and was listed on the Shanghai Stock Exchange on April 8, 2021, with its registered and office location in Zibo, Shandong Province [1] - The company operates in the electric power equipment sector, specifically in grid automation equipment, and is involved in concepts such as power IoT, repurchase, ultra-high voltage nuclear fusion, superconductivity, and nuclear power [1] Group 2: Financial Performance - For Q3 2025, Zhiyang Innovation reported revenue of 753 million, ranking 15th among 28 companies in the industry, while the industry leader, Guodian Nari, reported revenue of 38.577 billion [2] - The net profit for the same period was 43.9572 million, placing the company 19th in the industry, with Guodian Nari's net profit at 5.146 billion [2] Group 3: Financial Ratios - As of Q3 2025, Zhiyang Innovation's debt-to-asset ratio was 41.18%, slightly above the industry average of 40.35%, showing a slight increase from 40.95% in the same period last year [3] - The gross profit margin for Q3 2025 was 31.66%, marginally higher than the industry average of 31.57%, but down from 32.66% in the previous year [3] Group 4: Executive Compensation - The chairman, Liu Guoyong, received a salary of 1.0589 million for 2024, an increase of 181,600 from 2023 [4] - The general manager, Nie Shugang, earned 1.2808 million in 2024, up by 314,300 from the previous year [4] Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 9.77% to 6,247, while the average number of circulating A-shares held per shareholder decreased by 8.90% to 37,100 [5]