B · Normal
[Yushu responded to the decline in net profit: due to increased investment in research and development in the direction of computing power and large models] October 29th, on the evening of October 28, Yushu Technology disclosed its third quarter report for 2026. The company's single-quarter revenue was 665 million yuan, a year-on-year increase of 69.93%; the net profit attributable to the parent company was 113 million yuan, a year-on-year decrease of 17.37%, and a month-on-month decrease of nearly 50%. In response to the decline in profits, a relevant person from the Secretary's Office of Yushu Technology told a reporter from Blue Whale Technology that it was mainly due to the increase in R&D investment in computing power and large models. The person also said that if the cycle is extended, the impact will be controllable, with only phased changes in a single quarter; R&D investment at this stage relies on fundraising plans and will not blindly increase investment. (Blue Whale News reporter Zhai Zhichao)
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