[Huaan Securities: Q3 net profit increased by 251% year-on-year and 79% month-on-month] On October 28, Huaan Securities (600909.SH) announced that its operating income in the third quarter was 4.757 billion yuan, a year-on-year increase of 178.95%; the net profit attributable to shareholders of listed companies was 2.980 billion yuan, a year-on-year increase of 251.35%. Operating income in the first three quarters was 8.763 billion yuan, a year-on-year increase of 112.22%; net profit attributable to shareholders of listed companies was 5.077 billion yuan, a year-on-year increase of 169.56%. The growth in operating income was mainly due to the large year-on-year increase in income from private equity investment fund business, alternative investment business, and brokerage business. Xiaocai Note: The company’s Q3 net profit was 2.98 billion and Q2 net profit was 1.663 billion. Based on this calculation, Q3 net profit increased by 79% month-on-month.