Group 1 - The company held an online performance exchange meeting on October 21, attracting over a hundred professional investment institutions, indicating strong interest in its business outlook [1] - In the third quarter, the company achieved growth in both operating revenue and net profit attributable to shareholders, driven by its AI+ education ecosystem and emerging businesses such as home appliance controllers and automotive electronics [1][2] - The company has successfully launched multiple innovative products in its robotics business this year, further solidifying its multi-engine growth strategy [1] Group 2 - As a leader in the education information technology sector, the company is accelerating its "AI+ education" strategy, which is supported by favorable national and local policies [2] - By the end of September 2025, the company established 19 key application demonstration areas for its smart feedback system, covering over 4,000 schools and generating more than 450,000 classroom feedback reports [2] - The company’s AI lesson preparation tool has activated over 1 million users, and its digital base has reached over 9,000 schools in China, indicating a scalable implementation of its education AI ecosystem [2] Group 3 - The MAXHUB overseas self-owned brand business continued to grow rapidly in the third quarter, becoming a core growth engine for the company's international operations [3] - The company has accelerated the launch and promotion of overseas products, including the innovative education AI software MAXHUB EasiClass and the Microsoft-certified XBar series meeting products [3] - The company’s robotics business has made significant breakthroughs, with the launch of several innovative products, including quadruped robots and flexible robotic arms, and is expanding its commercial cleaning robots into European and Asian markets [3] Group 4 - The company submitted an application for H-share listing on the Hong Kong Stock Exchange in June, aiming to create an international capital platform to support its global strategy [4] - The funds raised from the listing will be used to enhance AI and display technology research and development, accelerate overseas channel expansion, and improve digital capabilities [4]

Financial Performance - In Q3 2025, the company achieved revenue of CNY 7.522 billion, a year-on-year increase of 6.96% [4] - For the first three quarters of 2025, revenue reached CNY 22.5 billion, up 5.45% year-on-year [4] - Net profit attributable to shareholders in Q3 was CNY 469 million, a 7.79% increase year-on-year [4] - Net profit for the first three quarters was CNY 867 million, down 6.81% year-on-year, but the decline narrowed compared to the first half of the year [4] Business Segments Performance - The smart control components sector saw significant growth, with Q3 revenue from LCD display control boards increasing rapidly [4] - The home appliance controller business benefited from a surge in domestic and international orders, maintaining high growth in Q3 [4] - The automotive electronics and power electronics sectors also experienced rapid growth [4] Education Sector Developments - The company's education AI products have made substantial progress, with the Xiwo Classroom Intelligent Feedback System established in 19 key application demonstration areas, covering over 4,000 schools and 10,000 classrooms by the end of September 2025 [4][7] - The Xiwo AI preparation assistant activated over 1 million users, and the Xiwo Magic Cube Digital Base covered more than 9,000 schools [4][7] Challenges and Strategies - The overseas ODM business faced a decline due to market demand changes and tariff fluctuations, continuing a downward trend in Q3 [6][12] - The company plans to enhance overseas capacity layout and deepen collaboration with core brand customers to explore new product lines [6][12] - The enterprise service business is under pressure due to weak domestic demand and short-term impacts on digital signage [5][12] Future Outlook - The company expects steady revenue growth for the full year, with a stable gross margin trend [17] - Continued focus on cost control and financial management is anticipated to improve operational profits and stabilize net profit [17] - The company is advancing its H-share listing application on the Hong Kong Stock Exchange, submitted on June 17, 2025 [18]