[Chengxing Shares: Net profit in the third quarter increased by 1,472% year-on-year and 63% quarter-on-quarter. The production and sales of yellow phosphorus and phosphoric acid are in good shape] On October 27, Chengxing Shares (600078.SH) announced that its third-quarter revenue was 1.452 billion yuan, a year-on-year increase of 65.00%; net profit was 147 million yuan, a year-on-year increase of 1471.96%. Revenue in the first three quarters was 3.590 billion yuan, a year-on-year increase of 35.15%; net profit was 265 million yuan, a year-on-year increase of 848.20%. The performance growth is mainly due to the company's active seizing of opportunities for demand growth in the new energy industry. The production and sales of its main products such as yellow phosphorus and phosphoric acid are in good shape, with sales increasing. At the same time, the company continues to promote cost reduction and efficiency improvement and strictly controls various costs and expenses. Xiaocai Note: The company’s Q3 net profit was 147 million, and Q2 net profit was 90 million. Based on this calculation, Q3 net profit increased by 63% month-on-month.