Ge Long Hui A P P·2025-11-27 09:27Core Viewpoint - Taxfriend Co., Ltd. reported a net profit attributable to shareholders of 110 million yuan for the first three quarters of 2025, a year-on-year decrease of 4.74% [1] Financial Performance - In Q3 alone, the company achieved a net profit of 39 million yuan, representing a year-on-year growth of 42.33%, exceeding expectations [1] - The performance validates the commercial value of the company's AIBM strategy and its potential for future growth [1] Market Environment - The e-commerce sector is entering a phase of strict regulation, which is expected to release demand for tax compliance and planning, potentially opening up new growth opportunities for the company [1] - The company is anticipated to be a core beneficiary of these changes in the market environment [1] Investment Rating - The company has been given a "Buy" rating based on its performance and growth prospects [1]