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think> Okay, let's see. The user wants me to transform the given Chinese text into a concise news headline following specific rules. First, I need to identify all the required elements: company name, percentage change rounded to two decimals, time period, and a brief reason for the price movement. The company name here is Clarus. The percentage is 11.69230769%, which I need to round to two decimal places. That would be 11.69%. The time period is intraday. Now, the reason for the price movement. The original text mentions two main points: the Q3 earnings results and the dividend announcement. The earnings beat estimates in net sales and adjusted EBITDA, driven by strong demand in North America and increased sales from Black Diamond. The dividend is $0.025 per share with an ex-dividend date on November 17. I need to combine these points concisely. The example provided in the prompt includes both the earnings and the dividend. So, I should mention the earnings beat and the dividend announcement as the reasons. The key info from the earnings is the net sales growth, adjusted EBITDA increase, and the factors driving them. For the dividend, the amount and ex-dividend date are important. Wait, the user's example included the company's focus area in the second paragraph. But the transformation rules don't mention that. The example's output has two paragraphs: the first with the price movement and reason, the second with company info. But the rules say to provide a brief reason for the price movement, retaining key info. The company's focus isn't part of the reason for the price movement, so maybe that's extra info not required here. The user's rules specify to include the company name, percentage, time period, and a brief reason. So the second paragraph in the example is part of the transformation but maybe not required here. Wait, looking back at the rules, the example's output has two paragraphs. The first is the headline with the reason, the second is the company description. But the user's rules don't mention including the company description. The example might be including it as part of the transformation, but the rules only ask for the headline with the required elements. Wait, the user's instruction says to transform the text into a concise news headline that includes those elements. So maybe the example's output is the entire transformed text, including the company info. But the rules say to provide a brief reason for the price movement. The example's first paragraph includes the reason (SunAtion's project), and the second is company info. So perhaps the user wants the headline to include the company name, percentage, time period, and the reason, and then the company's description as part of the same article but not part of the headline. However, the example's output is the entire transformed text, not just the headline. Wait, the example's output is the transformed text, which includes both the headline and the company description. But the user's instruction says to transform the text into a concise news headline. So maybe the example's output is the entire article, with the first part being the headline and the second part being the body. But the user's rules don't mention the body. The rules specify to include the company name, percentage, time period, and a brief reason. So perhaps the user wants the headline to be a single paragraph with those elements and the reason, and the rest as the body. However, the example's output is the entire transformed text, which includes both the headline and the company's description. But the user's instruction says to transform the text into a concise news headline. So maybe the user wants the headline to be the first part, and the rest is optional. But the example includes both. Hmm. The example's input is in Chinese, and the output is in English, with the first paragraph being the headline with the required elements and the second paragraph being the company's description. The user's rules don't mention the company's description, but the example includes it. So perhaps the user expects that the transformed text should include both the headline and the company's description, even though the rules don't explicitly state it. The example's output does that, so maybe I should follow that structure. So for the current input, the company is Clarus, the percentage is 11.69%, time period is intraday. The reason for the price movement is the Q3 earnings beat and the dividend announcement. The earnings beat is due to higher net sales and adjusted EBITDA, driven by North American wholesale outdoor demand and Black Diamond's sales. The dividend is $0.025 per share with an ex-dividend date on November 17. I need to structure the first part as the headline: Clarus surged 11.69% intraday, with the company reporting Q3 net sales of $69.3 million, exceeding estimates.