KORRUN(SZ:300577)2025-10-29 09:42Financial Performance - In Q3 2025, the company achieved a revenue of 1.291 billion CNY, representing a year-on-year growth of 8.23% [2] - The net profit attributable to shareholders reached 0.91 billion CNY, with a year-on-year increase of 25.62% [2] - The net profit after deducting non-recurring gains and losses was 0.75 billion CNY, reflecting a year-on-year growth of 13.41% [2] - From the beginning of 2025 to the end of Q3, the total revenue was 3.719 billion CNY, showing a year-on-year increase of 22.94% [3] - The net profit attributable to shareholders for the same period was 2.78 billion CNY, a year-on-year decrease of 13.38% [3] - The net profit after deducting non-recurring gains and losses was 2.56 billion CNY, with a year-on-year increase of 13.81% [3] - The net cash flow from operating activities was 4.30 billion CNY, marking a significant year-on-year increase of 258.66% [3] Strategic Decisions - The company decided to further acquire 20% of Shanghai Jiale's shares to enhance control and management efficiency, completing the transaction on October 9, 2025 [3] - The acquisition aims to optimize resource allocation and improve operational and decision-making efficiency [3] Profitability Improvement - The gross profit margin for Q3 2025 was 23.80%, an increase of 1.84 percentage points year-on-year [3] - The improvement in gross margin is attributed to enhanced production management through automation, digitization, and lean management, as well as better collaboration with top global brands [3] Convertible Bond Plans - The company decided not to adjust the conversion price of the "Kairun Convertible Bond" and will not propose any downward adjustment plans during its remaining term [4]