LONCIN(SH:603766) Quan Jing Wang·2025-12-03 07:18Core Viewpoint - Longxin General has successfully completed the divestiture of its entire stake in CMD, marking a significant step in its strategy to focus on its core motorcycle business and optimize asset allocation [1][2]. Group 1: Company Actions and Financial Performance - Longxin General received a total of €1 million from CMD's minority shareholders for the stake transfer and has completed all delivery matters as per the framework agreement [1]. - The company reported a revenue of 14.557 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 19.14%, and a net profit attributable to shareholders of 1.577 billion yuan, up 75.45% year-on-year [2]. - The "Wuji" brand has generated revenue of 3.035 billion yuan, with a compound annual growth rate exceeding 70%, demonstrating the effectiveness of the company's focus on its core business strategy [2]. Group 2: Strategic Focus and Future Plans - The divestiture of CMD is seen as a removal of a historical obstacle in Longxin General's path to focusing on its core business [2]. - The company is actively optimizing its asset structure and deepening its strategic focus, aiming to strengthen its competitive position in the high-end motorcycle market [2]. - Longxin General plans to concentrate its resources on enhancing independent research and development, as well as brand building, to improve its competitiveness and influence in the international high-end motorcycle sector [2].