[Northern Huachuang: Net profit in the third quarter increased by 5% year-on-year and 16% month-on-month] On October 29, Northern Huachuang (002371.SZ) announced that it achieved operating income of 31.467 billion yuan in the first three quarters, a year-on-year increase of 15.26%; net profit attributable to shareholders of listed companies was 5.392 billion yuan, a year-on-year increase of 5.10%. Operating income in the third quarter was 11.306 billion yuan, a year-on-year increase of 1.31%; net profit attributable to shareholders of listed companies was 2.022 billion yuan, a year-on-year increase of 5.18%. The reasons for the change in performance are: Driven by AI, global semiconductor demand is growing rapidly, industry prosperity continues to improve, and the company's order scale continues to expand. In the field of integrated circuit equipment, the company's market share of etching, thin film deposition, heat treatment, wet cleaning, ion implantation, glue development, bonding and other equipment has steadily increased. Process coverage and market share have continued to grow, driving operating income to increase year-on-year. In addition, due to the tight supply of certain categories of materials, there will be certain pressure on the company's delivery of some orders in the short term. The company is actively promoting supply chain collaboration to ensure the delivery of customer orders and provide support for subsequent performance growth. Xiaocai Note: The company’s Q3 net profit was 2.022 billion and Q2 net profit was 1.735 billion. Based on this calculation, Q3 net profit increased by 16% month-on-month.