ChinaEtek(301208)2023-10-27 11:08Financial Performance - Revenue for the first three quarters of 2023 reached 8,049.99 million yuan, a year-on-year increase of 9.69% [1] - Net profit for the same period was 82,335.62 million yuan, up 12.50% year-on-year [1] - Non-GAAP net profit grew by 13.11% to 7,750.85 million yuan [1] Business Strategy and Market Expansion - The company will continue to deepen its presence in the financial sector while expanding into other industries [1] - As of June 30, 2023, the company has established business relationships with over 1,000 clients across multiple sectors, including 3 telecom operators, 40+ transportation companies, and 80+ government agencies [1] - The company is actively expanding its third-party operation and maintenance market in response to the financial IT innovation (Xinchuang) trend [2] Xinchuang-related Opportunities - The Xinchuang initiative is creating new market opportunities for third-party operation and maintenance services, autonomous intelligent operation products, and IT infrastructure solutions [2] - The company has established a dedicated team for domestic database services, offering consultation, optimization solutions, and operation support [2] - The company's self-developed DBaas database operation product has already secured some customer orders after POC testing [2] Future Outlook - The company expects to maintain steady and quality growth in Q4 2023 and beyond through market expansion, technological upgrades, and business optimization [3] - Continuous efforts will be made to strengthen technical capabilities, upgrade solutions and products, and implement refined management [3]