Financial Performance - In the first three quarters of 2025, the company achieved operating revenue of 380 million yuan, a year-on-year increase of 14.34% [1] - The net profit attributable to shareholders reached 22.02 million yuan, up 56.07% year-on-year [1] - In the third quarter alone, the company reported operating revenue of 109 million yuan and a net profit of 6.70 million yuan, marking a staggering year-on-year increase of 1482.24% [1] Industry Position and Strategy - The company is recognized as a leading automotive sports service provider in China, focusing on event IP development, industry integration, and international expansion [1] - The company aligns with national policies aimed at promoting the sports industry, emphasizing innovation and integration across various sectors [1] Event Highlights - The 2025 CTCC China Automobile Circuit Professional League held in Shanghai attracted over 40,000 attendees, with tickets selling out within an hour, significantly enhancing the event's visibility [2] - The company effectively utilized celebrity endorsements to broaden the event's appeal and convert fan engagement into consumer spending [2] Innovation in Electric Racing - The company launched the first domestically produced electric racing car, the Dongfeng Yipai eπ007, in collaboration with Dongfeng Motor, marking a significant step in integrating electric vehicle technology into motorsports [3] - The inaugural CTCC Electric Racing Cup is set to take place from October 31 to November 2, 2025, aiming to fill a gap in the electric racing sector in China [3] Expansion Opportunities - The upcoming implementation of zero-tariff policies in Hainan Free Trade Port is expected to create significant growth opportunities for the automotive modification market and attract more domestic and international teams [4] - The company is focusing on the development of the Hainan International Circuit project, leveraging local policies and geographical advantages to drive growth in the racing industry [4] Future Outlook - The company plans to deepen the integration of policy guidance and business innovation, focusing on multiple event IPs to enhance collaboration across sports, culture, tourism, and consumption sectors [4] - Continued investment in event IP development, industry integration, and international expansion is expected to bolster the company's brand influence and market competitiveness [4]

Core Viewpoint - Lisheng Sports reported a significant increase in revenue and net profit for the first three quarters of 2025, indicating strong growth and industry influence in the sports event market [1] Group 1: Financial Performance - The company's revenue for the first three quarters reached 380 million yuan, a year-on-year increase of 14.34% [1] - Net profit for the same period was 22.02 million yuan, reflecting a year-on-year growth of 56.07% [1] - In the third quarter alone, revenue was 109 million yuan, with net profit soaring to 6.70 million yuan, marking an extraordinary increase of 1482.24% year-on-year [1] Group 2: Industry Innovations - Lisheng Sports has actively engaged in the innovation of the sports industry, launching the first domestically produced electric racing car, the Dongfeng Yipai eπ007, in collaboration with Dongfeng Motor [2] - The company introduced the CTCC Electric Racing Cup and Xracing Etcr Cup, set to take place from October 31 to November 2, which is the first electric vehicle racing event in the Asia-Pacific region [2] - In golf, Lisheng Sports announced the addition of the China Men's Professional Golf Tour and launched the "China Tour Club Cup" amateur event to promote broader participation in golf [2] Group 3: Future Outlook - The company plans to deepen the integration of policy guidance and business innovation, focusing on multiple event IPs to enhance synergy with tourism, consumption, and industrial development [3] - Lisheng Sports aims to increase investment in event IP creation, industry integration, and international expansion to boost brand influence and market competitiveness [3] - The company is committed to injecting vitality into the high-quality development of China's sports industry [3]