Flash | 15 Oct 2025 02:07:14 ET │ 13 pages Ginlong Technologies (300763.SZ) 3Q25 Profit Cut Miss; Prefer Sungrow and Deye for Higher Sales Mix from ESS CITI'S TAKE Ginlong reported net profit of +29.4% yoy to Rmb865m in 9M25, including -16.8% yoy and -35.4% qoq to Rmb263m in 3Q25. Its quarterly profit cut was a miss vs. consensus (Bloomberg) forecasting its profit of up 68% yoy to Rmb1,158m in 2025E. We attribute Ginlong's earning miss likely to (i) low revenue growth of +3.4% yoy to Rmb1,869m in 3Q25 with ...