Core Viewpoint - Guanglian Technology Holdings (02531.HK) reported a slight decline in revenue for the first three quarters of 2025, while gross profit increased significantly, indicating a strategic focus on high-margin software and service businesses [1] Financial Performance - Revenue for the first three quarters of 2025 was RMB 485 million, a decrease of 1.8% compared to the same period in 2024 [1] - Gross profit reached RMB 343 million, reflecting a year-on-year increase of 15.5% [1] - Revenue and gross profit from software and service businesses rose by 12.6% and 21.5%, respectively [1] Strategic Initiatives - The company is focusing on high-margin software and service sectors, expanding partnerships with new energy vehicle manufacturers and store clients [1] - In Q3 2025, a business cooperation agreement was signed with Avita, a Chinese smart electric vehicle company, to provide digital marketing value-added services to its authorized stores [1] - The number of cooperative stores with major Chinese new energy vehicle manufacturers is continuously increasing, driving rapid growth in marketing service revenue and gross profit [1] Business Development - The company is diversifying its marketing service offerings to fully exploit the multi-category business potential of individual stores [1] - In Q3 2025, the company initiated the rollout of a digital used car business, enhancing transaction efficiency for store clients through offline marketing and online digital systems [1] - This new business initiative aims to create an additional growth point based on existing digital light modification and digital rights value-added service categories [1]

Core Viewpoint - Guanglian Technology Holdings (02531) reported a 1.8% decline in total revenue and a 15.5% increase in total gross profit for the first three quarters of 2025 compared to the same period in 2024, driven by a focus on high-margin software and service businesses [1] Group 1 - The company is focusing on high-margin software and service businesses, expanding partnerships with new energy vehicle manufacturers and store clients, which has led to a significant increase in marketing service revenue and gross profit [1] - The revenue and gross profit from the software and service business increased by 12.6% and 21.5% respectively [1] - The company signed a business cooperation agreement with Avita, a Chinese smart electric vehicle company, to provide digital marketing value-added services to its authorized stores [1] Group 2 - The company is continuously enriching its marketing service categories and exploring the multi-category business potential of individual stores, which has driven revenue growth from single-store services [1] - The company is implementing a multi-category strategy and has begun to promote the digital used car business, enhancing transaction efficiency for store clients through offline marketing and online digital systems [1] - The digital used car business is gradually expanding and is expected to become a new growth point alongside existing digital value-added service categories [1] Group 3 - Looking ahead, the company anticipates significant market space for business growth through the implementation of digital systems and marketing services in the context of the growing market share of new energy vehicles in China [2] - The company plans to continue expanding its client base among new energy vehicle manufacturers and their stores, increasing penetration of digital used car services, and preparing for the introduction and pilot of digital financial services [2] - The company aims to leverage artificial intelligence technology to create stable, efficient systems that support frontline operations, enhancing operational efficiency and replicating multi-category, multi-scenario operational capabilities [2]

Core Insights - The company reported a 1.8% decline in total revenue but a 15.5% increase in total gross profit for the first three quarters of 2025 compared to the same period in 2024, driven by growth in software and service business revenues and gross profits [1] Group 1: Financial Performance - Total revenue decreased by 1.8% while total gross profit increased by 15.5% [1] - Revenue and gross profit from software and service business rose by 12.6% and 21.5% respectively [1] Group 2: Business Strategy - The company is focusing on high-margin software and service businesses, expanding partnerships with new energy vehicle manufacturers and store clients [1] - A business cooperation agreement was signed with Avita, a Chinese smart electric vehicle company, to provide digital marketing value-added services to its authorized stores [1] - The number of cooperative stores with major Chinese new energy vehicle manufacturers is continuously increasing, driving rapid growth in marketing service revenue and gross profit [1] Group 3: Service Expansion - The company is enriching its marketing service categories and exploring the multi-category business potential of individual stores, leading to increased service revenue [1] - The company is implementing a multi-category strategy and has begun promoting the digital used car business, enhancing transaction efficiency for store clients [1] - This new business is expected to create a growth point alongside existing digital value-added services [1] Group 4: Future Outlook - The company anticipates significant market space for business growth through the implementation of digital systems and marketing services in the expanding Chinese new energy vehicle market [2] - Plans to continue expanding partnerships with new energy vehicle manufacturers and their stores, increasing penetration of digital used car services, and preparing for the introduction of digital financial services [2] - The company aims to leverage artificial intelligence technology to create stable and efficient system support, enhancing operational capabilities across multiple categories and scenarios [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因 倚賴該等內容而引致的任何損失承擔任何責任。 GL-Carlink Technology Holding Limited 廣聯科技控股有限公司 以下資料摘錄自本集團於期間內的未經審核管理賬目以及2024年相應期間之比 較數據： | | 本季度 | | | 本年累計 | | | | --- | --- | --- | --- | --- | --- | --- | | | 二零二五年 | 二零二四年 | 同比變化 | 二零二五年 | 二零二四年 | 同比變化 | | | 人民幣 | 人民幣 | | 人民幣 | 人民幣 | | | | 百萬元 | 百萬元 | | 百萬元 | 百萬元 | | | 收入 | 182 | 185 | -1.6% | 485 | 494 | -1.8% | | 其中：軟件及服務業務(1) | 159 | 146 | 8.9% | 411 | 365 | 12.6% | | 毛利 | 133 | 124 | 7.3% | 343 ...