CARLINK TECH (02531) has announced that for the first three quarters of 2025, its total revenue decreased by 1.8% compared to the same period in 2024, while total gross profit rose by 15.5%. The revenue and gross profit from its software and services segment increased by 12.6% and 21.5%, respectively. The Board noted that these changes are primarily due to: 1. The company’s focus on high-margin software and services businesses, continually expanding its customer base among new energy vehicle manufacturers and retail outlets. In Q3 2025, the company signed a business cooperation agreement with Chinese smart electric vehicle company AITO to provide digital marketing value-added services to its authorized stores. As of the end of Q3 2025, the company has established business partnerships with several leading new energy vehicle manufacturers in China, resulting in a continued growth in the number of cooperating stores and a significant boost in marketing service revenue and gross profit. 2. The company has consistently diversified its marketing service categories, fully tapping into the multi-category business potential of individual stores, which has driven growth in store service revenue. In Q3 2025, the company continued to implement its multi-category strategy by promoting the establishment of a digital second-hand car business. Utilizing its offline marketing and online digital systems, the company enhanced transaction efficiency for second-hand cars for store customers. This business is gradually expanding and is expected to create a new growth point, building on the existing two major value-added service categories: digital light transformation and digital rights. Looking ahead, as China's market share for new energy vehicles continues to rise, the implementation of digital systems and marketing services is expected to effectively enhance the quality and efficiency of value-added services for new energy vehicle manufacturers and their stores, providing significant market opportunities for the company's growth. In terms of business expansion, the company will continue to target new energy vehicle manufacturers and their retail stores, increasing penetration of digital second-hand car services while preparing for the introduction and pilot of digital financial services. Furthermore, in product development, the company will leverage artificial intelligence technology to create a stable, efficient, and frontline-oriented systems support, continuously modeling and systematizing its effective operational methodologies to rapidly replicate multi-category and multi-scenario operational capabilities, thereby enhancing both personnel and store efficiency.