[CICC Gold: Net profit in the third quarter increased by 35.39% year-on-year and decreased by 32% month-on-month] On October 29, CICC Gold (600489.SH) announced that its operating income in the third quarter was 23.611 billion yuan, a year-on-year increase of 24.87%; the net profit attributable to shareholders of listed companies was 1.332 billion yuan, a year-on-year increase of 35.39%. In the first three quarters, operating income was 66.592 billion yuan, a year-on-year increase of 23.37%; net profit attributable to shareholders of listed companies was 5.689 billion yuan, a year-on-year increase of 54.64%. The performance growth is mainly due to the company seizing the favorable opportunity of rising product prices, scientifically organizing production and operations, and further reducing costs and increasing efficiency. The company's performance has increased significantly compared with the same period last year. Xiaocai Note: The company’s Q3 net profit was 1.332 billion and Q2 net profit was 1.976 billion. Based on this calculation, Q3 net profit dropped 32% from the previous quarter.