Ruichuang Micro-Nano: Net Profit for First Three Quarters Expected to Reach 2.25-2.35 Billion Yuan, Up 218%-232% Year-on-Year

36Kr reports that Ruichuang Micro-Nano announced its net profit attributable to the parent company for the first three quarters is expected to be between 2.25 billion and 2.35 billion yuan, representing a year-on-year increase of 218%-232%. The company stated that the primary reason for the performance change during the reporting period was sustained industry demand, ample existing orders, and positive new order intake; additionally, the company continues to advance capacity construction, and with the release of this capacity, revenue for the first three quarters achieved double growth both year-on-year and quarter-on-quarter. The mass production launch of 8μm infrared products, along with economies of scale and improved yield rates, significantly boosted gross margins in the first three quarters.