广誉远：公司当前的经营成果与市场预期尚有较大差距

Core Viewpoint - Guangyuyuan (600771) aims to focus on "growth" as its core objective by 2025, with a performance-oriented approach to management and sales [1] Financial Performance - The company reported double growth in core indicators for the first, second, and third quarters of 2025 compared to the same periods in the previous year [1] - Key metrics such as net cash flow, accounts receivable, and sales expense ratio have shown varying degrees of improvement [1] Operational Improvements - The composition of sales expenses has been standardized and disclosed in regular reports, aligning with the company's goals and actual business performance [1] - The company is committed to enhancing its operational quality and governance capabilities by adhering to relevant management systems [1] Future Strategy - Despite current operational results being significantly below market expectations, the company plans to actively incorporate feedback and suggestions from stakeholders to refine operations and improve organizational structure [1] - The focus is on promoting sustainable and healthy development of the company [1]