[Haiguang Information: Net profit in the first three quarters increased by 45.12% year-on-year] On October 19, Haiguang Information (688041.SH) announced that its operating income in the third quarter was 5.856 billion yuan, a year-on-year increase of 45.46%; the net profit attributable to shareholders of listed companies was 1.048 billion yuan, a year-on-year increase of 37.90%. In the first three quarters, operating income was 14.955 billion yuan, a year-on-year increase of 57.58%; net profit attributable to shareholders of listed companies was 2.847 billion yuan, a year-on-year increase of 45.12%. Performance growth is mainly driven by factors such as the rapid development of the artificial intelligence industry and the shift in the localization process from policy-driven to market-driven. Domestic demand for high-end chips continues to rise. The company continues to increase investment in research and development, has a competitive advantage in the high-end chip market, and has achieved sustained growth in performance. Xiaocai Note: The company’s Q3 net profit was 1.048 billion and Q2 net profit was 1.111 billion. Based on this calculation, Q3 net profit dropped 5% from the previous quarter.