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On October 29, Hengshuo Shares released its financial report for the third quarter of 2025. According to the report, the company's revenue for the quarter reached RMB 132 million, marking a significant year-on-year increase of 52.66%. This growth was primarily attributed to the improvement in the storage market conditions and an increase in inventory preparations by downstream customers, leading to a notable year-on-year rise in the company's product shipments. However, affected by industry competition and cost factors, the company remained in a loss-making position for the quarter, with a net profit attributable to shareholders of the listed company of -RMB 24.5467 million and a net profit after deducting non-recurring gains and losses of -RMB 28.8648 million.
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