[Dangsheng Technology: Net profit in the third quarter fell 36.04% year-on-year] On October 26, Dangsheng Technology (300073.SZ) announced that its operating income in the third quarter was 6.98 billion yuan, a year-on-year increase of 135.26%; the net profit attributable to shareholders of listed companies was 123 million yuan, a year-on-year decrease of 36.04%. In the first three quarters, operating income was 17.455 billion yuan, a year-on-year increase of 135.90%; net profit attributable to shareholders of listed companies was 643 million yuan, a year-on-year increase of 27.88%. The change in performance was mainly due to the increase in sales of lithium battery cathode materials during the reporting period. The sales prices of superimposed products increased with the raw material market conditions, and the revenue increased significantly year-on-year. Xiaocai Note: The company’s Q3 net profit was 123 million, and its Q2 net profit was 244 million. Based on this calculation, Q3 net profit dropped 49% from the previous quarter.