Company Overview - Huashu Technology was established on December 16, 2005, and was listed on the Shenzhen Stock Exchange on March 9, 2023. The company is a leading enterprise in the domestic battery safety management field, focusing on battery safety management products and possessing advantages in the entire industry chain through independent research and development [1] Business Performance - For Q3 2025, Huashu Technology reported revenue of 177 million, ranking 24th among 25 companies in the industry, significantly lower than the industry leader, China Power, with 40.971 billion, and the second, Haibosichuang, with 7.913 billion. The industry average revenue was 3.374 billion, and the median was 1.008 billion [2] - The net profit for the same period was 19.071 million, ranking 16th among 25 companies, again far behind the industry leader, China Power, with 2.502 billion, and the second, Haibosichuang, with 624 million. The industry average net profit was 191 million, and the median was 37.445 million [2] Financial Ratios - As of Q3 2025, Huashu Technology's debt-to-asset ratio was 12.18%, an increase from 10.09% in the previous year but still significantly lower than the industry average of 42.24%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 33.12%, up from 31.46% in the previous year, and higher than the industry average of 25.60%, reflecting strong profitability [3] Executive Compensation - The chairman, Yang Dongqiang, received a salary of 822,800, an increase of 10,600 from the previous year. The general manager, Li Mingxing, also received the same salary, reflecting a consistent compensation structure [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 7.71% to 8,603, while the average number of circulating A-shares held per household increased by 8.36% to 2,401.49 [5]