Neville Technology Releases Third Quarter Report 2018

On the evening of October 25, 2018, Neville Technology disclosed its report for the third quarter of 2018 on the GEM information disclosure website designated by the China Securities Regulatory Commission (Juchao Information Network http://www.cninfo.com.cn/).

From January to September 2018, Neville Technology continued to implement the strategic layout since its listing, closely focusing on the two industrial chains of the Internet of Things and military electronics, and striving to expand various businesses. The three pillar businesses of "avionics" are the core, intelligent manufacturing, unmanned systems, third-generation semiconductor materials and devices are the reserves, and the overall pattern is driven by industrial investment business, actively grasp the trend of the development of the Internet of Things and military-civilian integration, and strive to become a first-class private technology enterprise group with a high competitive threshold.

From January to September 2018, the MEMS, navigation, and avionics businesses of Neville Technology all achieved growth, the intelligent manufacturing business achieved scale revenue, and unmanned systems, third-generation semiconductor materials and devices achieved market or technical levels. Positive breakthroughs; at the same time, in order to better grasp market demand and opportunities, the company vigorously expanded related businesses, increased personnel recruitment, and increased project research and development investment, management and research and development expenses, sales and financial expenses are better controlled.

From January to September 2018, Neville Technology achieved operating income of 568.6816 million yuan, an increase of 36.13 percent over the same period last year; operating profit of 113.7042 million yuan, an increase of 304.53 percent over the same period last year; net profit of 91.4437 million yuan, an increase of 220.08 percent over the same period last year; net profit attributable to shareholders of listed companies was 81.9956 million yuan, an increase of 211.33 percent over the same period last year; the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 81.5761 million yuan, an increase of 324.92 over the same period last year; earnings per share and return on net assets increased accordingly.