[Zangge Mining: Net profit increased by 122.09% year-on-year in the first three quarters, lithium carbonate revenue increased and investment income increased year-on-year] On October 16, Zangge Mining (000408.SZ) announced that its third-quarter revenue was 1.255 billion yuan, a year-on-year increase of 73.46%; net profit was 2.471 billion yuan, a year-on-year increase of 159.97%. Revenue in the first three quarters was 3.320 billion yuan, a year-on-year increase of 38.23%; net profit was 6.109 billion yuan, a year-on-year increase of 122.09%. The main reason for the performance growth was the increase in lithium carbonate revenue in the current period and the year-on-year increase in investment income calculated using the equity method. Xiaocai Note: The company’s Q3 net profit was 2.471 billion and Q2 net profit was 2.064 billion. Based on this calculation, Q3 net profit increased by 19% month-on-month.