Ninestar(SZ:002180)2025-10-31 01:22Group 1: Company Performance Overview - In the first three quarters of 2025, the company achieved revenue of 14.504 billion CNY, a year-on-year decrease of 25.21% [3] - The net profit attributable to shareholders was -356 million CNY, a year-on-year decline of 132.94% [3] - The non-recurring net profit was -231 million CNY, down 133.81% year-on-year [3] - Following the completion of a significant asset sale, the company's debt-to-asset ratio decreased from 72% to 44% [3] - The disposal of assets resulted in a loss of 516 million CNY for the current period [3] Group 2: Segment Performance - BenTu's revenue for the first three quarters of 2025 was 3.071 billion CNY, a year-on-year decline of 3.31% [3] - BenTu's net profit was 386 million CNY, down 18.58% year-on-year [3] - JiHaiWei's revenue was 812 million CNY, a year-on-year decrease of 21.76%, with non-consumable chip revenue of 359 million CNY, showing a growth of 20.88% [3] - JiHaiWei's net profit was -14 million CNY, a year-on-year decline of 103.88% [3] - The general consumables business generated revenue of 3.964 billion CNY, a year-on-year decrease of 2.74%, with a net profit of -4 million CNY, down 106.88% [3] Group 3: Market Trends and Future Outlook - The company is actively responding to the arbitration initiated by TaiMeng and will disclose updates when conditions are met [3] - The future development trend of the information security market is highlighted by the updated guidelines from the China Information Security Testing Center, which now includes main control chips for printers and AI training inference chips [3] - The Ministry of Industry and Information Technology and the State Administration for Market Regulation have issued a plan emphasizing the reliability of printers and other peripherals, indicating increasing governmental focus on information security [3] - There are indications that the information technology innovation sector may be showing signs of recovery, with relevant business progress to be monitored through regular company announcements [3]