[CRRC: Net profit increased by 3.7% year-on-year in the first three quarters of 2026] On October 30, CRRC (601766.SH) announced that it achieved operating income of 194.685 billion yuan in the first three quarters, a year-on-year increase of 5.88%; net profit attributable to shareholders of listed companies was 10.314 billion yuan, a year-on-year increase of 3.7%. In the third quarter, operating income was 63.003 billion yuan, a year-on-year decrease of 1.73%; net profit attributable to shareholders of listed companies was 2.323 billion yuan, a year-on-year decrease of 13.97%. The change in performance was mainly due to the increase in revenue from the railway equipment business, urban rail and urban infrastructure business and new industry business. Xiaocai Note: The company’s Q3 net profit was 2.323 billion and Q2 net profit was 4.612 billion. Based on this calculation, Q3 net profit dropped 49% month-on-month.