Hengbao Co.,Ltd. (002104.SZ) released its third-quarter report for 2025. During the first three quarters, the company achieved operating revenue of CNY 614 million, representing a year-on-year decrease of 9.99%. Net profit attributable to shareholders of the listed company stood at CNY 37.3 million, down 59.19% compared to the same period last year. After deducting non-recurring gains and losses, the net profit attributable to shareholders was CNY 20.0 million, reflecting a 70.68% year-on-year decline.
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