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ChangXin Technology: Expected 2026 net profit for the first three quarters of the year 131000000000 yuan to 132500000000 yuan, turning losses into profits year on year

PANews October 16 reported that ChangXin Technology announced that it expects 2026 operating revenue for the first three quarters of the year to be approximately CNY 265000000000 yuan to 270000000000 yuan, an increase over the same period last year of 232916000000 yuan to 237916000000 yuan; net profit attributable to shareholders of the listed company is expected to be approximately CNY 131000000000 yuan to 132500000000 yuan, compared with a loss of 5280000000 yuan in the same period last year, turning losses into profits year on year. The company stated that, affected by factors including AI growing demand for computing power and DRAM improved industry conditions, products are in short supply and prices have risen sharply; the company is advancing capacity construction, product R&D, and process technology improvements, while optimizing operational management and expanding the market.

Source: https://www.panewslab.com/zh/articles/01a144f7-1dcf-703f-bce2-e1d08f51e381