[Shanghai Electric Co., Ltd.: Net profit in the first three quarters increased by 106.87% year-on-year] On October 27, Shanghai Electric Co., Ltd. (002463.SZ) announced that its revenue in the third quarter was 9.536 billion yuan, a year-on-year increase of 90.02%; net profit was 2.699 billion yuan, a year-on-year increase of 160.77%. Revenue in the first three quarters was 23.225 billion yuan, a year-on-year increase of 71.88%; net profit was 5.622 billion yuan, a year-on-year increase of 106.87%. The performance growth mainly benefited from the structural demand in application fields such as high-speed switches, AI servers, and high-performance computing. Superimposed on the continuous optimization of the company's product structure, the company's operating income and net profit increased rapidly compared with the same period last year. The company's Thai subsidiary has gradually entered a large-scale operation period from a production capacity ramp-up period, and will turn losses into profits in the first three quarters of 2026. Xiaocai Note: The company’s Q3 net profit was 2.699 billion and Q2 net profit was 1.681 billion. Based on this calculation, Q3 net profit increased by 60% month-on-month.