[Shengyi Technology: Net profit in the first three quarters increased by 175.36% year-on-year. Q3 net profit increased by 61% month-on-month] On October 29, Shengyi Technology (600183.SH) announced that its operating income in the third quarter was 14.182 billion yuan, a year-on-year increase of 78.76%; the net profit attributable to shareholders of listed companies was 3.440 billion yuan, a year-on-year increase of 238.40%. Operating income in the first three quarters was 33.208 billion yuan, a year-on-year increase of 61.10%; net profit attributable to shareholders of listed companies was 6.727 billion yuan, a year-on-year increase of 175.36%. Reasons for the change in performance: 1. In the copper-clad laminate segment, faced with the rapid rise in raw material prices and the continued rapid growth of market demand for high-end products, the company's early research and development products were introduced to the market and contributed profits. The expanded production capacity was fully released in a timely manner to support market demand. At the same time, it actively adjusted and optimized the product sales structure, thereby driving the sales volume of copper-clad laminates to increase, and the operating income and gross profit of copper-clad laminate products to increase; the returns on external investment projects were considerable, promoting the improvement of profitability. 2. In the circuit board sector, its subsidiary Shengyi Electronics Co., Ltd. has benefited from the high prosperity in the field of AI computing power. The company has closely adhered to its strategic positioning, anchored on the mid-to-high-end track and continued to deepen its cultivation. It has promoted the release of production capacity in an orderly manner, deepened technology upgrades, and strengthened quality control. The proportion of high value-added products has steadily increased, and its market competitive advantage has been further consolidated. Operating income and net profit in the first three quarters of 2026 will increase compared with the same period last year. Xiaocai Note: The company’s Q3 net profit was 3.44 billion and Q2 net profit was 2.129 billion. Based on this calculation, Q3 net profit increased by 61% month-on-month.