Core Insights - The company reported a significant decline in revenue and net profit for the first three quarters of 2025, with revenue at 3.33 billion yuan, down 18.53% year-on-year, and net profit at 400 million yuan, down 28.04% year-on-year [1] Revenue Breakdown - Revenue from products priced below 100 yuan reached 1.738 billion yuan, a decrease of 14.96% year-on-year, while products priced above 100 yuan generated 1.574 billion yuan, down 22.06% year-on-year [1] Regional Sales Performance - The primary sales market for the company remains Hebei, with revenue from various regions as follows: Hebei at 2.019 billion yuan (down 13.82%), Hunan at 644 million yuan (down 20.2%), Anhui at 299 million yuan (down 34.72%), Shandong at 137 million yuan (down 3.24%), and other provinces at 202 million yuan (down 32.8%) [1]