Core Viewpoint - 联易融科技-W (09959) has shown strong performance with a stock price increase of over 5%, currently trading at 3.03 HKD, with a transaction volume of 18.04 million HKD [1] Financial Performance - As of the first nine months of 2025, the customer retention rate for supply chain financial technology solutions is 99%, an increase of 3 percentage points compared to the end of 2024 [1] - The total number of core enterprise partners has reached 2,798, reflecting a growth of 29.8% from the end of 2024 [1] - The total number of financial institution partners stands at 405 [1] - The total transaction volume processed by the company's supply chain financial technology solutions is 329.37 billion CNY, representing a year-on-year growth of 29.2% [1] - The transaction volume for emerging solutions is 6.8197 billion CNY, showing a decline of 5.1% year-on-year [1] - The total transaction volume for technology solutions is 336.19 billion CNY, with a year-on-year increase of 28.2% [1] Business Growth - In the third quarter, the company's multi-level circulation cloud business continues to experience strong growth, driven by increased penetration of products within the customer base and ongoing market consolidation [1] - The company has achieved significant breakthroughs in emerging technology applications, successfully winning a bid for a Web3.0-based supply chain financial platform project for a major state-owned enterprise [1] - This project marks an important milestone under the company's "stablecoin+" strategy, indicating the first real-world application of verified stablecoin and digital asset solutions in a large state-owned enterprise's supply chain scenario [1]

Core Viewpoint - 联易融科技-W reported strong growth in customer retention and transaction volume in its supply chain financial technology solutions, indicating robust market performance and strategic advancements in emerging technologies [1] Group 1: Customer Metrics - The customer retention rate for supply chain financial technology solutions reached 99% for the first nine months of 2025, an increase of 3 percentage points compared to the end of 2024 [1] - The total number of core enterprise partners increased to 2,798, reflecting a growth of 29.8% from the end of 2024 [1] - The number of financial institution partners reached 405 [1] Group 2: Transaction Volume - The total transaction volume processed by the company's supply chain financial technology solutions amounted to 329.37 billion yuan, representing a year-on-year growth of 29.2% [1] - The transaction volume for emerging solutions was 6.8197 billion yuan, showing a decline of 5.1% year-on-year [1] - The total transaction volume for technology solutions was 336.19 billion yuan, with a year-on-year increase of 28.2% [1] Group 3: Business Growth and Strategic Developments - The multi-level circulation cloud business continued to show strong growth, driven by increased penetration among customer groups and a solidified market base [1] - The company achieved significant breakthroughs in emerging technology applications, successfully winning a project for a Web 3.0-based supply chain financial platform for a major state-owned enterprise [1] - This project marks an important milestone under the company's "stablecoin+" strategy, showcasing the application of verified stablecoin and digital asset solutions in real supply chain scenarios for large state-owned enterprises [1]