[Moore Thread: Net profit in the third quarter was 49.2604 million yuan, turning losses into profits year-on-year] On October 28, Moore Threads (688795.SH) announced that its revenue in the third quarter was 1.552 billion yuan, a year-on-year increase of 1773.92%; net profit was 49.2604 million yuan, turning losses into profits year-on-year. Revenue in the first three quarters was 3.289 billion yuan, a year-on-year increase of 319.15%; net profit was 37.6973 million yuan, turning a loss into a profit year-on-year. The change in performance is mainly due to the strong demand for high-quality computing power and full-featured GPUs in the artificial intelligence industry. The company has strategically deployed three major AI factories: "model training factory", "word element production factory" and "intelligent production factory". The performance of intelligent computing products represented by MTTS5000 has been highly recognized by customers, and Accelerating the implementation of business in core artificial intelligence computing power infrastructure industries such as Internet and cloud service providers (CSP), word service providers (TSP), AI innovative enterprises, operators and intelligent computing centers, scientific research/government enterprises, and industry customers, the company's market competitive advantage has been further expanded, driving rapid revenue growth. Xiaocai's note: The company's Q3 net profit was 49 million, and Q2 net profit was -41 million. Based on this calculation, Q3 net profit turned from a loss to a profit.