Core Viewpoint - RuYi Group, established in 1993 and listed in 2007, is a well-known textile and apparel industry group with a complete industrial chain advantage and leading technology [1] Group 1: Business Performance - In Q3 2025, RuYi Group's revenue was 239 million, ranking 36th among 38 companies in the industry, significantly lower than the top company, Hailan Home, which had 15.599 billion [2] - The main business revenue breakdown includes 106 million from clothing (68.55%), 40.15 million from fine woolen fabric (25.99%), and 8.43 million from other sources (5.46%) [2] - The net profit for the same period was -120 million, ranking 35th in the industry, far below the leading companies [2] Group 2: Financial Ratios - As of Q3 2025, RuYi Group's debt-to-asset ratio was 79.46%, up from 63.46% year-on-year, and significantly higher than the industry average of 38.41% [3] - The gross profit margin for Q3 2025 was 17.34%, nearly unchanged from the previous year but lower than the industry average of 44.68% [3] Group 3: Management Compensation - The general manager, Meng Xia, received a salary of 125,300 in 2024, an increase of 42,900 from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 1.60% to 25,600, while the average number of circulating A-shares held per account increased by 1.62% to 10,200 [5]