[Sany Heavy Energy: Net profit in the first three quarters increased by 204.15% year-on-year, and the gross profit margin of wind turbines gradually recovered] On October 20, Sany Heavy Energy (688349.SH) announced that its operating income in the third quarter was 6.572 billion yuan, a year-on-year increase of 12.21%; the net profit attributable to shareholders of the listed company was 137 million yuan. In the first three quarters, operating income was 17.232 billion yuan, a year-on-year increase of 19.24%; net profit attributable to shareholders of listed companies was 371 million yuan, a year-on-year increase of 204.15%. The performance growth is mainly due to the company's insistence on high-quality development. Both domestic and foreign installed capacity are showing a growth trend. The main business has a good momentum of development and has achieved steady growth. At the same time, the gross profit margin of wind turbines has gradually recovered, and the delivery of power station products has driven the company's profit growth. Xiaocai Note: The company’s Q3 net profit was 137 million and Q2 net profit was 54 million. Based on this calculation, Q3 net profit increased by 155% month-on-month.