VerifyMe (NasdaqCM:VRME) Q3 2025 Earnings Call November 17, 2025 09:00 AM ET Company ParticipantsJennifer Cola - CFOAdam Stedham - CEOConference Call ParticipantsMichael Petusky - Managing Director and Research AnalystOperatorGood day and welcome to the VerifyMe Q3 2025 Financial Results Conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opport ...

Core Viewpoint - The "Shanghai Sail" Economic and Cultural Exhibition in Austria showcases Shanghai's advancements in high-end manufacturing, green technology, digital innovation, and brand services, emphasizing the importance of Sino-Austrian cooperation [1] Group 1: Event Overview - The 22nd "Shanghai Sail" exhibition is held for the first time in Austria, with around 150 representatives from political, business, media, and social sectors attending the opening ceremony [1] - The exhibition features 139 companies from six major industrial clusters in Shanghai, covering various fields such as light industry, chemicals, home textiles, energy-saving engineering, medical devices, and certification services [1] Group 2: Diplomatic and Business Significance - The Chinese Embassy in Austria highlights the importance of the exhibition for Chinese enterprises to strengthen ties with Austrian businesses and enhance cooperation with Europe [1] - Austrian business agencies provided insights into the investment environment, key industries, and policies regarding Chinese investments in Austria [1] Group 3: Activities and Engagements - The exhibition includes nearly 10 specialized events, such as the introduction of Austrian investment policies, the launch of "Shanghai Brands Shine in Vienna," and a cooperation exchange meeting for Central and Eastern European chambers of commerce [1]

Core Insights - The State Administration for Market Regulation has issued guidelines to enhance the digital management capabilities of certification agencies from 2025 to 2029 [1][3] Group 1: Digital Management Guidelines - The guidelines aim to establish an industry standard for digital management by 2025, with a focus on defining the work path and direction for the entire industry [3] - By 2029, the goal is to have over 30 certification agencies equipped with advanced and secure digital infrastructure, utilizing data analysis and processing tools for innovative certification practices [3] Group 2: Digital Management Platform and Tools - The guidelines emphasize the construction of a digital management platform that covers the entire certification process, aiming to improve the quality of basic certification data [3] - Certification agencies are encouraged to develop and use digital support tools in areas such as certification review management, risk management, and credit information of certified organizations [3] Group 3: Resource Allocation and Coordination - The guidelines require strengthened organizational leadership and coordination, with increased investment in resources and elements [3] - There is a focus on utilizing traceability data from certification agencies in administrative supervision to reduce the need for providing proof materials [3]

人民财讯11月3日电，近日,市场监管总局印发《国家认监委关于提升认证机构数字化管理能力的指导意 见(2025—2029年)》(以下简称《意见》)。《意见》明确，于2025年拟订《认证机构数字化管理技术指 南》行业标准，指导全行业明确数字化管理的工作路径和方向；计划到2029年推动《认证机构数字化管 理技术指南》行业标准得到全面落实和应用，30家以上的认证机构具备技术先进、安全可靠的数字化基 础设施，充分运用数据分析、数据加工等数字化工具服务认证业务创新实践，发挥数字化管理能力标杆 作用。 ...

Core Viewpoint - The Ministry of Commerce has issued the "Implementation Opinions on Expanding Green Trade," marking the first specialized policy document in the field of green trade in China, emphasizing innovation-driven characteristics [1][3]. Group 1: Green Trade Development - The "Implementation Opinions" focus on addressing weaknesses in China's green trade development, including the shortcomings in enterprises' green low-carbon development capabilities and the need to explore carbon reduction potential in logistics [3]. - The document outlines four key measures: enhancing the green low-carbon development capabilities of foreign trade enterprises, expanding the import and export of green low-carbon products and technologies, creating a favorable international environment for green trade, and establishing a robust support system for green trade [3]. Group 2: Market Potential and Performance - Green low-carbon products are identified as a new driving force for foreign trade development, with international institutions predicting that the global market for electric vehicles, solar energy, and wind energy will reach $2.1 trillion by 2030, five times the current scale [6]. - In recent years, China's exports of green low-carbon products have shown significant growth, with wind turbine components increasing by over 30% in the first three quarters of this year, and photovoltaic products exceeding 200 billion yuan in export value for four consecutive years [6]. Group 3: Support for SMEs - The Ministry of Commerce aims to assist small and medium-sized enterprises (SMEs) in overcoming challenges related to green low-carbon transformation, focusing on enhancing their green competitiveness through improved services, market expansion platforms, and promoting best practices [7][9]. Group 4: Green Manufacturing and Design - The Ministry of Industry and Information Technology has created 451 green design enterprises and over 4,000 green products, with plans to increase the output value of national, provincial, and municipal green factories to 40% by 2030 [11][13]. - The strategy includes promoting green design, building green factories, cultivating green supply chains, and developing green industrial parks to support the green trade ecosystem [13]. Group 5: Financial Support for Green Trade - The People's Bank of China is focusing on supporting green service trade development through green finance, including green credit, bonds, and equity funds, while lowering financing barriers for light-asset and green service trade enterprises [15][17]. - The bank plans to enhance sustainable finance standards and encourage financial institutions to provide targeted financial services to support green trade [17]. Group 6: Green Product Certification - The State Administration for Market Regulation will advance the green product certification system to support foreign trade enterprises in their green development efforts [19][21]. - The approach includes expanding certification to cover industry chains and supply chains, strengthening regulatory measures, promoting green product certification, and enhancing international cooperation for mutual recognition of green product certifications [21].

Group 1 - The core viewpoint of the article highlights the strong financial performance of the company in the third quarter, with significant year-on-year growth in both revenue and net profit [1] Group 2 - The company reported a revenue of 221 million yuan, representing a year-on-year increase of 20.61% [1] - The net profit attributable to shareholders reached 39.227 million yuan, showing a year-on-year growth of 42.07% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 36.26 million yuan, reflecting a year-on-year increase of 47.75% [1]

Core Viewpoint - China Electric Research and Testing Co., Ltd. has signed a mutual recognition agreement for voluntary product certification with the Indonesian National Standardization Agency, focusing on electronic and electrical products, aiming to enhance bilateral trade and product quality [1][2] Group 1: Agreement Details - The mutual recognition agreement targets the development of standards and technical specifications tailored to Southeast Asia's social and environmental climate characteristics [1] - This agreement is a significant step in building a high-end quality standard and certification system between the two countries [1] Group 2: Background and Progress - Since the signing of the Memorandum of Understanding on conformity assessment cooperation in November 2024, bilateral cooperation has made positive progress, particularly in air conditioning energy efficiency and carbon rating standards [1] - The company has established itself as a key player in the certification landscape, being a mandatory CCC certification body and a national certification body under the IECEE-CB system [1] Group 3: Market Access and Services - The company aims to provide market access and high-end market recognition certification services for the home appliance, consumer electronics, and energy equipment industries exporting to Southeast Asia [1] - It leverages its international certification agency qualifications to offer one-stop testing and certification solutions for ASEAN enterprises entering global markets [2]

Core Insights - The forum emphasizes that ESG is not a one-time task but a journey of growth and deepening [1] - The upcoming ISO Net Zero standard (ISO/CD14060) aims to provide a global framework for organizations to initiate net-zero transformations, addressing key challenges such as baseline setting and climate commitment credibility [2] - The ISO ESG IWA48 standard, set to be released in November 2024, will provide a comprehensive management framework for ESG practices, including principles, indicators, and compliance management [3] Group 1 - The ISO Net Zero standard is expected to be officially launched at COP30 in November 2025, providing practical guidelines for achieving net-zero goals [2] - The need for standardized governance and methodologies in transition planning is highlighted, as current custom solutions are costly and inefficient [2] - The ISO's initiative to develop ESG standards aims to fill the gap in recognizing sustainable enterprises and enhancing financial support for them [2] Group 2 - The ISO ESG IWA48 will not introduce new reporting requirements but will complement existing frameworks to promote global consistency in ESG principles [3] - The maturity matrix within the ISO ESG framework categorizes organizations into four levels, helping them assess and improve their ESG practices [3][5] - The concept of ESG is framed as a continuous journey rather than a fixed state, encouraging organizations to create significant value for themselves and society [5] Group 3 - The construction of zero-carbon parks in China is currently focused on a few core indicators, lacking a systematic approach [5] - The ISO37101 standard has been translated into a Chinese national standard, providing a framework for sustainable management across various sectors [6] - The introduction of PAS-IP:8848 will include 93 KPIs to help industrial parks demonstrate their contributions to sustainable development goals [6]

Group 1 - The article discusses the exploration of a new "training-employment integration" model for registered auditors in the employment sector, driven by the emergence of new industries and technologies [1] - There is a growing demand for new certification categories and positions in the auditing field, particularly due to the "dual carbon" goals and data security regulations, which have expanded the career opportunities for registered auditors [1] - The demand for composite auditors with multiple qualifications has surged, with industry data indicating a shortage of over 100,000 composite auditors nationwide [1] Group 2 - Guo Xin Zheng Tong (Beijing) Inspection and Certification Co., Ltd. is an accredited certification body approved by the National Certification and Accreditation Administration, possessing multiple certification qualifications including quality management and environmental management systems [2]

Group 1 - The event titled "Policy Escort, Financial Empowerment, Certification Foundation, Enterprises Going Abroad, Co-drawing a New Blueprint for Enterprises in Erqi District" was successfully held, gathering over 50 enterprise representatives to explore new development paths and inject new momentum into the regional economy [2] - The policy presentation highlighted various aspects, including international market access through management system certifications such as ISO, EU CE, and US FDA, which help enterprises establish a solid foundation in overseas markets [2] - The Zhengzhou Employment and Entrepreneurship Service Center provided detailed explanations of entrepreneurial guarantee loan policies to address financing difficulties faced by enterprises [2] Group 2 - The event facilitated direct communication between enterprises and government departments, focusing on compliance for going abroad, policy support, and certification services, ensuring that policies meet the actual needs of enterprises [4] - The interaction allowed for in-depth discussions on cross-border compliance details, policy benefits, international certification optimization, and tailored financial services [4] - This initiative serves as a significant approach for policy implementation and optimizing the business environment, enhancing the influence of the "Erqi Help · Easy Enterprise Office" service brand [6] Group 3 - The Erqi District plans to conduct regular visits, advocacy, and resource matching activities based on enterprise needs, aiming to transform service efficiency into development momentum and promote high-quality regional economic growth [6]