Core Insights - The company reported a revenue of 300 million yuan for the first three quarters of 2025, representing a year-on-year increase of 2.17% [1] - The net profit attributable to shareholders decreased significantly by 90.07% to 1.48 million yuan [1] - The net profit after deducting non-recurring gains and losses was -6.80 million yuan, a decline of 190.41% year-on-year [1] - The net cash flow from operating activities was -149.15 million yuan, down 21.05% compared to the previous year [1] Financial Performance - Revenue for the current reporting period was 90,023,375.81 yuan, showing a decrease of 11.58% compared to the same period last year [2] - The net profit attributable to shareholders for the current period was 275,676.70 yuan, down 82.07% year-on-year [2] - The net profit after excluding non-recurring items was -2,350,099.40 yuan, reflecting a decline of 521.51% [2] - The net cash flow from operating activities showed a decrease of 21.05% year-on-year [2] Fundraising and Financial Activities - The company raised a total of 459.90 million yuan through its initial public offering, with a net amount of 398.36 million yuan after expenses [3] - The funds raised are intended for projects related to intelligent group management products, R&D center construction, and working capital [3] - In 2022, the company issued shares to specific investors, raising 85.67 million yuan, with a net amount of 81.93 million yuan after expenses [4] - The company plans to use the proceeds from its convertible bond issuance for various projects, including ERP functionality expansion and financial risk management product development [4]

Core Viewpoint - The announcement reveals that certain directors and senior management of Puliang Software plan to reduce their shareholdings, which is a normal behavior and will not significantly impact the company's governance or control structure [1][3]. Shareholding Reduction Plan - Directors and senior management, including Chairman Ling Guoqiang, General Manager Feng Xuewei, and Deputy General Manager Zhang Tingbing, plan to reduce their holdings by up to 1,957,500 shares, representing 0.70% of the total share capital [1]. - Specifically, Chairman Ling Guoqiang intends to reduce his holdings by up to 1,705,200 shares (0.61%), General Manager Feng Xuewei by up to 149,940 shares (0.05%), and Deputy General Manager Zhang Tingbing by up to 102,312 shares (0.04%) [1]. Current Shareholding Status - As of the announcement date, Chairman Ling Guoqiang holds 31,269,286 shares (11.13%), General Manager Feng Xuewei holds 2,888,845 shares (1.03%), and Deputy General Manager Zhang Tingbing holds 5,174,513 shares (1.84%), totaling 39,332,644 shares (14.00%) [2][3]. Background Information - Puliang Software was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on June 3, 2021, with an initial issuance of 22,100,000 shares at a price of 20.81 yuan per share, raising a total of 459.90 million yuan [4]. - The company has conducted two fundraising activities since its listing, raising a total of 545.57 million yuan [5].