ChangXin Technology: Expected net profit for the first three quarters of 2026 to be 131 billion yuan to 132.5 billion yuan, turning a year-on-year loss into a profit.

PANews October 16 news, ChangXin Technology announced that it expects revenue for the first three quarters of 2026 to be approximately RMB 265 billion to RMB 270 billion, an increase of RMB 232.916 billion to RMB 237.916 billion compared with the same period last year; it expects net profit attributable to shareholders of the listed company to be approximately RMB 131 billion to RMB 132.5 billion, compared with a loss of RMB 5.28 billion in the same period last year, turning from loss to profit year-on-year. The company stated that, affected by factors such as growth in AI computing power demand and improvement in the DRAM industry's prosperity, products are in short supply and prices have risen sharply; the company is advancing capacity construction, product research and development, and process technology improvement, optimizing operational management, and expanding the market.