[Xinyisheng: Q3 net profit increased by 61% year-on-year and decreased by 19% month-on-month] On October 29, Xinyisheng (300502.SZ) announced that its third-quarter revenue was 10.940 billion yuan, a year-on-year increase of 80.30%; net profit was 3.843 billion yuan, a year-on-year increase of 61.15%. Revenue in the first three quarters was 31.850 billion yuan, a year-on-year increase of 92.97%; net profit was 11.372 billion yuan, a year-on-year increase of 79.74%. The performance growth was mainly due to the company benefiting from the development of artificial intelligence computing power investment during the reporting period, and sales revenue increased compared with the same period last year. Xiaocai Note: The company’s Q3 net profit was 3.843 billion, and Q2 net profit was 4.749 billion. Based on this calculation, Q3 net profit dropped 19% month-on-month.