Core Viewpoint - Tiande Yu is a leading enterprise in the integrated single-chip field for mobile smart terminals, with high performance and low power consumption, indicating significant investment value [1] Group 1: Business Performance - In Q3 2025, Tiande Yu reported revenue of 1.698 billion yuan, ranking 21st in the industry, while the industry leader, Holtek, achieved 21.783 billion yuan [2] - The net profit for the same period was 195 million yuan, placing Tiande Yu 19th in the industry, with the top performer, Holtek, at 3.199 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Tiande Yu's debt-to-asset ratio was 14.11%, lower than the industry average of 24.46%, indicating strong solvency [3] - The gross profit margin was 23.31%, which is below the industry average of 36.52%, suggesting room for improvement in profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 19.11% to 16,200, while the average number of shares held per shareholder decreased by 16.04% [5] - The top circulating shareholder, Hong Kong Central Clearing Limited, increased its holdings by 2.367 million shares [5] Group 4: Management Compensation - The chairman and general manager, Guo Yinglin, received a salary of 4.2959 million yuan in 2024, an increase of 1.4 million yuan from the previous year [4] Group 5: Market Outlook - Analysts from Changcheng Securities noted that Tiande Yu's performance in the first half of 2025 showed rapid growth, driven by display drivers and electronic price tags [5] - Guo Yinglin's management is focused on expanding into industrial control and retail application markets, with a positive outlook on future profitability [6]

Group 1 - Tian De Yu's stock price dropped by 5.02% to 26.32 CNY per share, with a trading volume of 224 million CNY and a turnover rate of 4.50%, resulting in a total market capitalization of 10.765 billion CNY [1] - Shenzhen Tian De Yu Technology Co., Ltd. was established on November 3, 2010, and went public on September 27, 2022. The company specializes in the research, design, and sales of integrated single-chip solutions in the mobile smart terminal sector [1] - The company's main revenue source is from product sales, accounting for 99.93% of total revenue, with other income contributing 0.07% [1] Group 2 - Jiashi Fund holds a significant position in Tian De Yu, with its Jiashi Green Theme Stock Initiation A Fund (017744) reducing its holdings by 235,100 shares, now holding 334,600 shares, which represents 5.28% of the fund's net value, ranking as the seventh largest holding [2] - The Jiashi Green Theme Stock Initiation A Fund was established on February 17, 2023, with a current size of 38.1522 million CNY. The fund has achieved a year-to-date return of 68.38%, ranking 181 out of 4220 in its category, and a one-year return of 94.96%, ranking 41 out of 3857 [2] Group 3 - The fund manager of Jiashi Green Theme Stock Initiation A Fund is Cai Chengfeng, who has been in the position for 8 years and 81 days. The total asset size of the fund is 622 million CNY, with the best return during his tenure being 182.85% and the worst being 18.22% [3]