Core Viewpoint - Aishide has reported strong financial performance for the first three quarters of 2025, with revenue of 39.375 billion yuan and a net profit of 337 million yuan, driven by its core business and strategic investments in AI and robotics [1][2][3] Financial Performance - For the first three quarters of 2025, Aishide achieved revenue of 39.375 billion yuan and operating profit of 574 million yuan, with a net profit attributable to shareholders of 337 million yuan [1] - The net cash flow from operating activities reached 2.701 billion yuan, representing a year-on-year increase of 129.21% [1] Business Strategy - Aishide is enhancing its core business by expanding its channel system and deepening capital layout, particularly in the context of the Apple AI terminal cycle [1] - As of September 30, 2025, the total number of Apple Authorized Retail Stores (APR) reached 246, an increase of 46 stores from the beginning of the year, maintaining its position as the largest in the country [1] - The company is also strengthening its online operational capabilities across platforms like Tmall, JD.com, and Douyin [1] Investment in High-Growth Sectors - Aishide has established a 500 million yuan "Aishide Smart City Fund" in partnership with Shenzhen Smart City Industry Investment Fund, focusing on AI, smart terminals, and next-generation information technology [2] - The company has made strategic investments in two high-growth firms, Yunshen Technology and Saigan Technology, which specialize in robotics and flexible tactile sensors, respectively [2] Global Expansion - Aishide's partnership with Honor is accelerating its international business, with exclusive sales and service authorizations in regions including Hong Kong, Thailand, and Vietnam, and new authorizations in the Middle East, Africa, and Australia planned for 2025 [2] - Honor's market share in Hong Kong reached 20.2%, ranking it among the top two, while in Macau, it held a 32.4% market share, and retail activation in Vietnam grew by over 300% year-on-year [2] Transformation and Future Outlook - Aishide is transitioning from a traditional distributor to an "intelligent terminal ecosystem enterprise," leveraging stable cash flow from the Apple ecosystem and growth potential from AI and robotics investments [3] - The company aims to create a new global growth pattern through a synergistic layout of "equity + channels + regional expansion," benefiting from the appreciation of equity value and channel expansion [3]

Core Viewpoint - The establishment of the "Mobile Intelligent Terminal Ecological Professional Committee" by the Golden Standard Alliance and several major companies signifies a deeper commitment to the development and collaboration within the smart terminal ecosystem in China [1][4]. Group 1: Formation and Purpose - The Mobile Intelligent Terminal Ecological Professional Committee was initiated by Xiaomi, OPPO, Honor, Vivo, and Lenovo, aiming to create an open and non-profit social organization platform [1][4]. - The committee's establishment aligns with national industrial policies and is market-oriented, focusing on serving developers and enterprises to promote the comprehensive development of the smart terminal ecosystem [1][4]. Group 2: Responsibilities and Activities - The main responsibilities of the committee include formulating technical standards in the smart terminal field, building an ecological platform, and enhancing the capabilities of member units in research, design, integration, and services [4]. - The committee will conduct research on technical standards, policies, industry foresight, safety compliance, and intellectual property related to the smart terminal ecosystem [4][5]. - It aims to provide strong support for high-level development and business innovation in the mobile industry through the establishment and publication of technical standards [4]. Group 3: Promotion and Future Plans - To enhance its brand influence, the committee will promote its activities through major events, an official website, and professional media channels [4]. - The committee plans to gather more industry forces to conduct research on smart terminal technology standards and explore new technologies, models, and mechanisms [5]. - It aims to create a comprehensive service platform for the smart terminal ecosystem, injecting new vitality into the industry's sustainable development [5].