[Hengli Hydraulic: Net profit increased by 3.20% year-on-year in the first three quarters] On October 26, Hengli Hydraulic (601100.SH) announced that it achieved operating income of 10.233 billion yuan in the first three quarters, a year-on-year increase of 31.36%; net profit attributable to shareholders of listed companies was 2.154 billion yuan, a year-on-year increase of 3.20%. Operating income in the third quarter was 3.40 billion yuan, a year-on-year increase of 29.84%; net profit attributable to shareholders of listed companies was 717 million yuan, a year-on-year increase of 9.07%. The revenue growth was mainly due to the rising prosperity of the downstream industry. The company actively explored diversified markets and product sales increased. Xiaocai Note: The company’s Q3 net profit was 717 million, and Q2 net profit was 784 million. Based on this calculation, Q3 net profit dropped 8% month-on-month.