LPSK(SZ:002333)2025-12-03 01:06Group 1: Company Overview and Financial Performance - The company achieved a revenue of 1.181 billion CNY and a net profit of 43.99 million CNY in the first three quarters of 2025, remaining stable compared to the previous year [5] - The company has a healthy cash flow and stable financial status, with recent acquisitions being strategically evaluated to avoid financial pressure [5] Group 2: Business Operations and Market Strategy - The company’s subsidiary, Fangzheng Testing, has undertaken project contracts exceeding 10 million CNY in 2025, focusing on safety assessments for schools and hospitals [2] - The company has acquired 65% of Zhongcheng Green Pulse (Hubei) Testing Co., now renamed Zhongyi Wujian Testing, to expand into special equipment and pipeline pressure vessel testing [3] - The company plans to focus on product development in aluminum alloy system doors and windows, inspection testing, and smart engineering products, particularly for overseas markets [4] Group 3: Research and Development - In the first three quarters of 2025, the company invested 30.48 million CNY in R&D, with a focus on new product development and upgrades [3] - R&D expenses decreased by 12.17% compared to the same period last year, primarily due to reduced investment in smart engineering and inspection testing [4] - The company has developed 14 sets of self-designed rain test equipment, significantly reducing costs by over 90% compared to purchasing high-end equipment [3] Group 4: Future Plans and Industry Position - The company is actively pursuing transformation to enhance its technological attributes and core competitiveness in response to industry upgrades [5] - The company is considering strategic acquisitions in technology-driven sectors to align with national development trends and improve profitability [5]