[Hengtong Optoelectronics: Net profit in the third quarter increased by 299% year-on-year and 51% month-on-month] On October 28, Hengtong Optoelectronics (600487.SH) announced that it achieved operating income of 22.341 billion yuan in the third quarter, a year-on-year increase of 27.14%; net profit attributable to shareholders of listed companies was 3.044 billion yuan, a year-on-year increase of 299.10%. In the first three quarters, operating income was 64.367 billion yuan, a year-on-year increase of 29.72%; net profit attributable to shareholders of listed companies was 6.163 billion yuan, a year-on-year increase of 159.42%. The performance growth was mainly due to the increase in demand and price increase in the optical communications market during the reporting period, and the company's optical communications business grew significantly. Xiaocai Note: The company’s Q3 net profit was 3.044 billion and Q2 net profit was 2.014 billion. Based on this calculation, Q3 net profit increased by 51% month-on-month.