Core Viewpoint - SMIC's management indicated that despite the traditional seasonal slowdown in Q4, customer inventory replenishment has slowed, but the industry chain's iterative effects continue, resulting in a "not-so-slow" off-season, with production lines remaining fully loaded [1] Group 1 - The gross margin guidance for the company is set at 18%-20%, which remains consistent with the guidance provided for Q3 [1] - The company's estimated annual sales revenue is expected to exceed $9 billion, marking a new milestone in revenue scale [1]

（文章来源：证券日报） 证券日报网讯顺络电子11月4日在互动平台回答投资者提问时表示，2025年第三季度，公司实现销售收 入180，780.59万元，同比增长20.21%，环比增长2.51%，单季度销售收入首次突破人民币18亿元大关， 创公司历史新高。公司1月-9月及7月-9月净利润、归属于上市公司股东的净利润、归属于上市公司股东 的扣除非经常性损益的净利润创历史新高。报告期内，部分原材料采购价格及人工成本呈现持续上涨的 趋势，公司通过扩大经营规模、提升自身生产效率、改善生产工艺、提高均衡生产能力等努力消化上述 不良因素对成本端带来的压力。 ...

Group 1 - The company InnoCare announced a sales revenue of RMB 553.4 million for the first half of 2025, representing a year-on-year growth of 43.4% [1] - The gross profit margin improved significantly to +6.8%, compared to -21.6% in the same period last year, marking an increase of 28.4 percentage points [1]