Leascend(SZ:300051) Xin Lang Zheng Quan·2025-10-31 16:02Core Viewpoint - Liansheng Technology, established in 2004 and listed in 2010, operates in the internet services sector, providing diverse software products and services, with a focus on enterprise email, e-commerce website construction, and cloud office solutions [1] Group 1: Business Performance - For Q3 2025, Liansheng Technology reported revenue of 295 million yuan, ranking 20th in the industry, significantly lower than the top competitors Longi Green Energy (50.915 billion yuan) and Trina Solar (49.97 billion yuan) [2] - The company's net profit for the same period was -252 million yuan, ranking 10th in the industry, with the industry average at -74.4 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Liansheng Technology's debt-to-asset ratio was 76.96%, higher than the previous year's 73.21% and above the industry average of 70.17% [3] - The gross profit margin for Q3 2025 was -20.66%, a decline from -4.31% in the previous year and significantly below the industry average of 1.80% [3] Group 3: Executive Compensation - The chairman, Huang Mingliang, received a salary of 880,000 yuan in 2024, an increase of 310,800 yuan from 2023 [4] - The general manager, Yang Ping, earned 1.1881 million yuan in 2024, up by 237,900 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 9.88% to 25,300, while the average number of circulating A-shares held per shareholder decreased by 8.59% to 14,500 [5] - Among the top ten circulating shareholders, Huaxia Industry Prosperity Mixed A ranked fifth, holding 7.3608 million shares, a decrease of 291,000 shares from the previous period [5]