Changxin Technology: The first quarter revenue increased by 719.13% year-on-year, with a net profit of 33 billion yuan.

date
17/05/2026
Changxin Technology Group Co., Ltd.'s IPO prospectus for the Science and Technology Innovation Board shows that in the first quarter of 2026, due to the continuous growth in global computing power demand, as well as factors such as the global major manufacturers adjusting production capacity, there has been a supply shortage of global DRAM products, leading to a significant price increase since the second half of 2025. Meanwhile, with the company's continued growth in production and sales scale, as well as the continuous optimization of product structure, the company's operating income has rapidly increased. Thanks to the rapid increase in DRAM product prices in the first quarter of 2026, the company's operating profit, total profit, net profit, profit before interest, tax, depreciation and amortization, net profit attributable to the owners of the parent company, and net profit attributable to the owners of the parent company after deducting non-recurring gains and losses have all increased significantly year-on-year. In the first quarter of 2026, the company's operating income was 50,800,145,500 yuan, a year-on-year increase of 719.13%; net profit was 33,011,525,100 yuan; net profit attributable to the owners of the parent company was 24,762,031,500 yuan; net profit attributable to the owners of the parent company after deducting non-recurring gains and losses was 26,340,784,100 yuan.
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