Core Viewpoint - Ningbo Tianlong Electronics Co., Ltd. reported stable performance in the first three quarters of 2025, with a revenue of 947 million yuan and a net profit of 82.7036 million yuan, indicating a positive growth trajectory in the automotive electronics sector [1][2] Financial Performance - The company achieved a revenue of 333 million yuan in the third quarter, representing a year-on-year growth of 2.03% [1] - The net profit attributable to shareholders in the third quarter was 26.1814 million yuan, showing a year-on-year increase of 6.31% [1] - The net profit excluding non-recurring gains and losses was 27.3671 million yuan, reflecting a year-on-year growth of 21.56% [1] Business Focus and Development - Tianlong focuses on precision manufacturing, providing integrated solutions in precision molds, injection molding, stamping, and assembly [1] - The company is actively enhancing its market development and R&D investment, aiming to improve management practices [1] - The strategic focus is on automotive electronics and lightweight business, driven by the rapid development of electric and intelligent vehicles [1] Product Development and Market Expansion - The company has successfully developed multiple specifications of fisheye terminal connectors and is expanding into precision automotive electronics and other emerging markets [2] - Tianlong has secured important project designations from leading international clients for next-generation IGBT modules, headlight assemblies, front-end modules, and integrated liquid cooling plates [2] - New products such as fisheye terminal connectors, battery distribution units (BDUs), front-end modules, and integrated liquid cooling plates have achieved significant business breakthroughs [2]