China Greatwall Technology Group (000066) investor relations material

Executive summary

• Revenue increased 11.31% year-over-year to ¥15.81 billion, driven by growth in both computing and system equipment segments.

• Net loss attributable to shareholders narrowed significantly to ¥55.72 million from ¥977.25 million in the prior year.

• Gross margin improved, and business structure was optimized with a focus on high-value products and cost control.

• Cash flow from operations turned negative due to strategic inventory purchases and increased receivables.

Financial highlights

• Operating income: ¥134.97 million, up from a loss of ¥694.16 million year-over-year.

• EBITDA: Not explicitly stated, but operating profit and depreciation/amortization improved.

• Basic and diluted EPS: -0.017, a significant improvement from -0.459 last year.

• Total assets: ¥31.99 billion, down 1.93% from the previous year.

• Net assets attributable to shareholders: ¥11.03 billion, down 1.86% year-over-year.

• Operating cash flow: -¥325.79 million, compared to +¥182.30 million last year.

Outlook and guidance

• Strategic focus on AI, cloud computing, and high-performance computing to drive future growth.

• Continued investment in R&D and product innovation, especially in AI servers and secure computing.

• Plans to further optimize business structure, improve profitability, and enhance risk management in 2026.