Core Viewpoint - Vertex Software is a leading enterprise in the fintech sector, providing information technology solutions primarily focused on business process management (BPM) through its proprietary LiveBOS platform [1] Group 1: Business Performance - In Q3 2025, Vertex Software reported revenue of 385 million yuan, ranking 54th among 102 peers, with the industry leader Shanghai Steel Union achieving 57.318 billion yuan [2] - The net profit for the same period was 102 million yuan, placing the company 17th in the industry, while the top performer, Desay SV, reported a net profit of 1.805 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Vertex Software's debt-to-asset ratio was 13.80%, down from 15.31% year-on-year and significantly lower than the industry average of 31.94%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 71.10%, an increase from 70.58% year-on-year and well above the industry average of 41.71%, reflecting robust profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 22.54% to 26,700, with an average of 7,656.28 circulating A-shares per account, a decrease of 18.32% [5] - New major shareholders include funds such as Fuquan Optimized Enhanced Bond C and Huabao CSI Financial Technology Theme ETF, with respective holdings of 3.487 million shares and 2.1445 million shares [5] Group 4: Management Compensation - The chairman and general manager, Yan Mengyu, received a salary of 951,700 yuan in 2024, an increase of 65,500 yuan from 2023 [4] Group 5: Market Outlook - Research indicates that Vertex Software's revenue and profit for the first three quarters of 2025 exceeded expectations, with continuous improvement in quarterly gross profit margin and cost reduction [5] - Despite cash flow pressures and a slight decrease in contract liabilities, the company is expected to maintain a growth trajectory with projected revenues of 632 million, 757 million, and 870 million yuan from 2025 to 2027 [5]

Core Insights - The National Intellectual Property Administration has supported the establishment of six national-level intellectual property protection centers in the Guangdong-Hong Kong-Macao Greater Bay Area, facilitating a green channel for patent examination [1] - By mid-2025, 16,000 priority patent examinations and 15,000 expedited examinations have been conducted [1] - The quality of patents is improving, with 817,000 valid invention patents and 8.524 million valid registered trademarks authorized in the Greater Bay Area by June 2025 [1] - The high-value invention patent ownership per 10,000 people in Shenzhen, Zhuhai, and Guangzhou is significantly above the national average, at 116.9, 73.1, and 41.4 respectively [1] - Guangdong has completed an inventory of nearly 100,000 existing patents from 175 universities and research institutions, facilitating over 120 high-value patent transactions [1] - The "Shenzhen-Hong Kong-Guangzhou" innovation cluster has ranked first globally in the World Intellectual Property Organization's 2025 Global Innovation Index, while the "Macau-Zhuhai" cluster has been in the top 100 for two consecutive years [1] Future Directions - The Guangdong Provincial Intellectual Property Office plans to enhance patent quality, promote efficient patent conversion, and establish a high-standard intellectual property financial ecosystem to support the Greater Bay Area's innovation development [2]

Core Viewpoint - The controversy revolves around the alleged imitation of the "Golden Crab" design by jewelry designer Wu Wensheng, with claims that the original model was created by Junqing Studio, leading to widespread online discussion [1][4]. Group 1: Originality Claims - Junqing Studio claims that the "crab model" in question is their "Chinese Velvet Crab Model," which was part of their "Five Insects Record" series, initiated by designer Hua Qian [4]. - The studio asserts that they have documentation of the design process from inception to sale, emphasizing their originality [4]. - The model was first publicly showcased on June 9, 2023, with some modeling files dating back to October 2022 [4]. Group 2: Copyright Dispute - Wu Wensheng argues that the copyright registration of Junqing Studio is based on simulated grayscale images, while his "Golden Crab" is registered as a physical object, indicating a difference in copyright categories [5][6]. - Wu maintains that both parties' copyrights do not conflict, stating that he respects legitimate intellectual property rights [6]. - The studio's copyright certificate indicates that the "Chinese Velvet Crab" was completed and first published on February 17, 2024 [4]. Group 3: Market Response - Following the controversy, Sam's Club temporarily removed the disputed product from sale and is conducting a thorough investigation with suppliers [6]. - Initial checks revealed that while both products are themed as "golden crabs," they differ in design details, internal structure, and surface craftsmanship [6].

Core Viewpoint - Yangguang Lighting is a leading company in the domestic lighting industry, focusing on the research, production, and sales of lighting appliances, with a full industry chain advantage [1] Group 1: Business Performance - In Q3 2025, Yangguang Lighting reported revenue of 1.986 billion yuan, ranking 5th among 14 companies in the industry, with the top company, Foshan Lighting, generating 6.532 billion yuan [2] - The net profit for the same period was 129 million yuan, also ranking 5th, while the industry leader, Op Lighting, achieved a net profit of 578 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Yangguang Lighting's debt-to-asset ratio was 30.70%, lower than the previous year's 32.04% and below the industry average of 35.11%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 34.98%, up from 34.58% year-on-year and higher than the industry average of 26.32%, reflecting strong profitability [3] Group 3: Executive Compensation - The chairman, Chen Wei, received a salary of 1.7064 million yuan in 2024, an increase of 13,300 yuan from 2023 [4] - The general manager, Wu Guoming, earned 1.8965 million yuan in 2024, which is an increase of 661,700 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 7.09% to 45,500, while the average number of circulating A-shares held per shareholder decreased by 6.62% to 29,400 [5]

(粤港澳大湾区)截至今年6月粤港澳大湾区有效发明专利达81.7万件 中新社广州10月31日电 (记者 孙秋霞)中国国家知识产权局31日在广州举办"知识产权助力粤港澳大湾区 高质量发展"新闻发布会。记者从会上获悉，截至今年6月，粤港澳大湾区经国家知识产权局授权的有效 发明专利和有效注册商标分别达到81.7万件和852.4万件。 根据世界知识产权组织发布的《2025年全球创新指数》百强创新集群排名，深圳—香港—广州集群首次 跃居全球首位，澳门—珠海集群连续两年进入全球百强。 澳门特区政府经济及科技发展局知识产权厅厅长邝信昌介绍，该局与广东省知识产权局紧密合作，自今 年10月15日起，依托国家知识产权局广东业务受理窗口等24个知识产权政务服务窗口，设立澳门特别行 政区知识产权问询点，有效提升了粤澳两地知识产权服务便利化水平。(完) 来源：中国新闻网 编辑：王永乐 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 国家知识产权局新闻 ...

Core Viewpoint - Hanbang Gaoke, established in 2004 and listed in 2015, focuses on digital video surveillance products in the security industry, holding a differentiated advantage across the entire industry chain [1] Group 1: Business Performance - In Q3 2025, Hanbang Gaoke reported revenue of 114 million yuan, ranking 23rd among 26 companies in the industry, while the industry leader Hikvision generated 65.758 billion yuan [2] - The company's net profit for the same period was -53.9594 million yuan, placing it 24th in the industry, with Hikvision's net profit at 10.254 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Hanbang Gaoke's debt-to-asset ratio was 33.72%, higher than the industry average of 31.60% and up from 25.35% the previous year [3] - The company's gross profit margin was 5.86%, significantly below the industry average of 38.30% and down from 13.23% year-on-year [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 0.36% to 20,600, with the average number of circulating A-shares held per shareholder rising by 29.80% to 18,700 [5]

Core Viewpoint - Soft Control Co., Ltd. is a leading global rubber machinery enterprise, providing intelligent equipment and system software services for tire production, with a focus on industrial intelligence development and various technological fields [1] Group 1: Business Performance - In Q3 2025, Soft Control achieved a revenue of 5.65 billion yuan, ranking third among 89 companies in the industry, with the top competitor, Keda Manufacturing, generating 12.605 billion yuan [2] - The net profit for the same period was 348 million yuan, placing the company ninth in the industry, while Keda Manufacturing led with a net profit of 1.832 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 68.11%, higher than the previous year's 65.58% and above the industry average [3] - The gross profit margin for the same period was 22.80%, down from 24.32% year-on-year and below the industry average of 28.52% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 5.08% to 70,000, while the average number of circulating A-shares held per shareholder increased by 5.37% to 14,200 [5] - The top ten circulating shareholders included Hong Kong Central Clearing Limited and two new entrants, Southern CSI 1000 ETF and Huaxia CSI 1000 ETF [5] Group 4: Future Outlook - The company has a robust order backlog with contract liabilities of approximately 6 billion yuan, reflecting a year-on-year increase of 33.45% [6] - Revenue projections for 2025 to 2027 are estimated at 10.09 billion, 11.09 billion, and 11.694 billion yuan, with corresponding net profits of 648 million, 740 million, and 786 million yuan [5][6]

Core Insights - The company, Jinghua Laser, is a leading enterprise in the domestic laser holographic molding products sector, with advanced technology and high market recognition [1] - As of Q3 2025, Jinghua Laser ranked fourth in revenue among six companies in the industry, with a revenue of 652 million yuan, while achieving the highest net profit of 73.13 million yuan [2] Financial Performance - In Q3 2025, Jinghua Laser's revenue was 652 million yuan, ranking fourth in the industry, while the industry leader, Haishun New Materials, reported revenue of 823 million yuan [2] - The company's net profit for the same period was 73.13 million yuan, the highest in the industry, compared to Haishun New Materials' net profit of 54.42 million yuan [2] Financial Ratios - As of Q3 2025, Jinghua Laser's debt-to-asset ratio was 43.25%, higher than the previous year's 35.65% and above the industry average of 37.97% [3] - The company's gross profit margin was 28.43%, slightly up from 28.31% year-on-year, and significantly higher than the industry average of 14.09% [3] Management Compensation - The chairman and general manager, Sun Jiancheng, received a salary of 838,500 yuan in 2024, an increase of 121,700 yuan from 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 10.25% to 26,600, while the average number of circulating A-shares held per account increased by 11.42% to 6,701.84 [5]

（文章来源：央视新闻） 人民财讯10月31日电，记者今天（31日）从国家 知识产权 局在广州召开的" 知识产权 助力粤港澳大湾 区高质量发展"专题发布会上了解到，截至今年6月，粤港澳大湾区经国家 知识产权 局授权的有效发明 专利和有效注册商标分别达到81.7万件和852.4万件，均占国内总量的约1/6。 今年上半年，国家知识产权局收到湾区内创新主体提交的PCT国际专利申请1.35万件，同比增长超三 成。展现出粤港澳大湾区的创新实力。 ...

Core Viewpoint - Dongsoft Zhaibo is a leading supplier of low-voltage power line carrier communication products in China, focusing on providing comprehensive solutions for smart grid construction [1] Group 1: Business Overview - Established on June 30, 1993, and listed on the Shenzhen Stock Exchange on February 22, 2011, Dongsoft Zhaibo is headquartered in Qingdao, Shandong Province [1] - The company specializes in the research, production, sales, and service of low-voltage power line carrier communication products, aiming to support national smart grid construction [1] Group 2: Financial Performance - In Q3 2025, Dongsoft Zhaibo reported revenue of 704 million yuan, ranking third among 12 companies in the industry, with the top competitor, Oriental Communication, generating 1.627 billion yuan [2] - The company's net profit for the same period was -11.2473 million yuan, placing it ninth in the industry, while the industry leader, Oriental Communication, achieved a net profit of 359 million yuan [2] Group 3: Financial Ratios - As of Q3 2025, Dongsoft Zhaibo's debt-to-asset ratio was 10.98%, lower than the previous year's 11.21% and significantly below the industry average of 26.75% [3] - The company's gross profit margin for the same period was 27.50%, down from 39.91% year-on-year and below the industry average of 36.75% [3] Group 4: Management and Shareholder Information - The total compensation for General Manager Cui Jian was 1.6269 million yuan in 2024, an increase of 48,400 yuan from 2023 [4] - As of September 30, 2025, the number of A-share shareholders increased by 0.02% to 36,700, while the average number of circulating A-shares held per shareholder decreased by 0.02% to 11,100 [5]