According to the Gold Medal Home Furnishing announcement, from January to September 2026, the company achieved revenue of 1,897 million yuan, a year-on-year decrease of 19.87%; net profit of 189 million yuan was affected by factors such as a decline in revenue scale, increased price competition in the industry, strategic investment in overseas business and Flystream AI, and about 26 million yuan in interest on convertible bonds. Overseas business revenue for the same period was 251 million yuan, up 12.70% year on year. The pace of orders in July-September slowed but the number of orders signed in hand doubled. Feiliu AI has been upgraded to version 3.5, covering more than 300 cities across the country, with a cumulative total of 600,000 visits and 40,000 monthly active users. The company decided not to revise the “Gold 23 Convertible Bonds” conversion price downward this time, and that it will not trigger a downgrade clause within the next 3 months.

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