[Ruijie Networks: Net profit increased by 58.87% year-on-year in the first three quarters] On October 19, Ruijie Network (301165.SZ) announced that it achieved operating income of 14.596 billion yuan in the first three quarters, a year-on-year increase of 36.66%; net profit attributable to shareholders of listed companies was 1.081 billion yuan, a year-on-year increase of 58.87%. Operating income in the third quarter was 5.764 billion yuan, a year-on-year increase of 42.98%; net profit attributable to shareholders of listed companies was 387 million yuan, a year-on-year increase of 69.43%. During the reporting period, the accelerated delivery of Internet customer data center switch product orders drove revenue growth. At the same time, the expense rate decreased during the period through continuous promotion of management improvements and efficiency improvements, which jointly promoted net profit growth. Xiaocai Note: The company’s Q3 net profit was 387 million, and Q2 net profit was 571 million. Based on this calculation, Q3 net profit dropped 32% from the previous quarter.