[Highpower Technology: Net profit in the first three quarters increased by 35.36% year-on-year] On October 21, Highpower Technology (001283.SZ) announced that its operating income in the third quarter was 2.07 billion yuan, a year-on-year increase of 27.08%; the net profit attributable to shareholders of listed companies was 114 million yuan, a year-on-year increase of 45.53%. In the first three quarters, operating income was 5.254 billion yuan, a year-on-year increase of 19.63%; net profit attributable to shareholders of listed companies was 237 million yuan, a year-on-year increase of 35.36%. The performance growth is mainly due to the expansion of operating income, which drives the growth of gross profit. At the same time, the company continues to deepen its key customer strategy, optimize its product structure, and strengthen cost control to promote profitability. Xiaocai Note: The company’s Q3 net profit was 114 million and Q2 net profit was 83 million. Based on this calculation, Q3 net profit increased by 37% month-on-month.