IT News from October 16th: ChangXin Technology released its performance forecast report for the first three quarters of 2026 (January to September 2026) today:

Total operating revenue: 265 billion to 270 billion yuan, a year-on-year increase of 725.96% to 741.54%

Net profit attributable to the parent company: 131 billion to 132.5 billion yuan, turning from loss to profit year-on-year

Company's Main Business and Financial Report Highlights

ChangXin Technology is mainly engaged in the research, development, production, and sales of DRAM memory chips, and is a core enterprise in the domestic DRAM industry.

For the first three quarters of 2026, it is expected to achieve operating revenue of 265 billion to 270 billion yuan, an increase of 232.916 billion to 237.916 billion yuan compared to the previous year; the net profit attributable to shareholders of the listed company is expected to be 131 billion to 132.5 billion yuan, an increase of 136.28 billion to 137.78 billion yuan compared to the previous year. In the same period last year, the net profit attributable to shareholders was a net loss of 5.28 billion yuan.

Core reasons for performance growth

The company stated that since the second half of 2025, the demand for AI computing power has grown rapidly. The global DRAM industry has seen a significant improvement in prosperity, with products in short supply and prices rising sharply. The company has steadily advanced capacity construction, product research and development, and improvements in process technology, resulting in continuous increases in wafer output per unit and capacity utilization rates, with the scale effect gradually becoming apparent. At the same time, the company has optimized operational management, expanded markets, deepened collaboration throughout the industrial chain, and promoted rapid expansion of business scale, leading to a notable improvement in overall performance.

Risk Warnings and Explanations

The company stated that this performance forecast is a preliminary calculation by the finance department and has not yet been audited by certified public accountants. For specific and accurate financial data, please refer to the company's officially disclosed third-quarter report for 2026. Investors should be aware of investment risks.

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