Queclink(SZ:300590)2025-11-20 09:00Group 1: Financial Performance - In the first three quarters of 2025, the company achieved revenue of 582.31 million yuan, a year-on-year decrease of 16.06% [2] - In Q3 alone, revenue was 222.34 million yuan, showing a quarter-on-quarter growth of 9.44% [2] - Net profit attributable to shareholders was 30.61 million yuan in Q3, reflecting a quarter-on-quarter increase of 44.14% [2] Group 2: Business Operations - The company is experiencing a gradual recovery in performance, with production capacity from factories in Vietnam and Indonesia being released [2] - The digital transformation in traditional industries is creating significant growth potential for the IoT sector, with emerging business areas like video vehicle networking and animal traceability management showing good sales growth [3] Group 3: Market Strategy - The company has established a global presence with offices in North America, Europe, and regions along the Belt and Road, covering over 140 countries and territories [3] - The strategy focuses on "localized service + efficient supply chain" to enhance global market competitiveness [3] Group 4: Future Plans - The company is considering implementing a stock incentive plan to attract and retain talent, which will be evaluated for long-term stability [3] - Plans to expand overseas market share are in place, leveraging core advantages in ODM and JDM sectors [3]