Core Viewpoint - Haima Automobile's financial performance shows a significant increase in revenue but a substantial decline in net profit, indicating potential challenges ahead for the company [3][4]. Financial Performance Summary - For Q3 2025, Haima Automobile reported a total revenue of 1.274 billion yuan, a year-on-year increase of 17.53% [3][4]. - The net profit attributable to shareholders was -74.44 million yuan, a decrease of 232.68% compared to the previous year [3][4]. - The company's gross profit margin stood at 6.47% [3]. - The net cash flow from operating activities was -297 million yuan, down 285.54% year-on-year [4]. Stock Market Activity - On October 27, 2025, Haima Automobile's stock closed at 5.72 yuan, up 0.88%, with a turnover rate of 6.46% and a trading volume of 1.0604 million hands, amounting to a transaction value of 607 million yuan [1]. Capital Flow Analysis - On the same day, the net inflow of main funds was 17.37 million yuan, accounting for 2.86% of the total transaction value, while retail investors saw a net inflow of 7.36 million yuan, representing 1.21% of the total [2]. Company Announcements - The board of directors approved the Q3 2025 report and a related party transaction regarding loans from the controlling shareholder [6][7]. - The company is actively monitoring and preparing for the benefits of the Hainan Free Trade Port policies, which may enhance its cost competitiveness and profitability [8][9]. Shareholder Information - As of the report date, the total number of common shareholders was 90,985, with Haima (Shanghai) Investment Co., Ltd. being the largest shareholder, holding 28.80% of the shares [5].