[Lingyi Intelligent Manufacturing: Net profit in the first three quarters fell by 1.27% year-on-year and Q3 net profit increased by 209% quarter-on-quarter] On October 29, Lingyi Intelligent Manufacturing (002600.SZ) announced that its third-quarter revenue was 15.522 billion yuan, a year-on-year increase of 11.15%; net profit was 1.153 billion yuan, a year-on-year increase of 14.00%. Revenue in the first three quarters was 40.671 billion yuan, a year-on-year increase of 8.20%; net profit was 1.917 billion yuan, a year-on-year decrease of 1.27%. The company relied on its technological innovation advantages to optimize its product structure, driving gross profit to increase by 19.26% year-on-year in the first three quarters, and gross profit margin to increase by 1.70 percentage points year-on-year. The company continues to increase investment in research and development of strategic projects. At the same time, affected by factors such as exchange rate fluctuations, net profit in the first three quarters declined year-on-year. Thanks to the release of new generation products by major customers and the upgrading of product structure towards high value-added and technical barriers, the company's revenue and net profit in the third quarter both increased year-on-year and month-on-month. Xiaocai Note: The company’s Q3 net profit was 1.153 billion and Q2 net profit was 372 million. Based on this calculation, Q3 net profit increased by 209% month-on-month.