[Shiyun Circuit: Net profit in the first three quarters fell 48.78% year-on-year] On October 20, Shiyun Circuit (603920.SH) announced that its operating income in the third quarter was 2.026 billion yuan, a year-on-year increase of 35.11%; the net profit attributable to shareholders of listed companies was 236 million yuan, a year-on-year decrease of 2.04%. Operating income in the first three quarters was 5.039 billion yuan, a year-on-year increase of 23.56%; net profit attributable to shareholders of listed companies was 320 million yuan, a year-on-year decrease of 48.78%. The change in performance was mainly due to the comprehensive impact of the sharp and rapid rise in the prices of major raw materials, the periodic squeeze on profit margins, and the exchange losses caused by exchange rate fluctuations. Xiaocai Note: The company’s Q3 net profit was 236 million and Q2 net profit was 47 million. Based on this calculation, Q3 net profit increased by 397% month-on-month.