Hongquan Technology: Revenue of 580 million yuan in the first three quarters, net profit down 76.59% year on year.

Hongquan Technology announced that in the third quarter of 2026, it achieved operating revenue of 217 million yuan, a year-on-year increase of 35.21%; net profit attributable to the parent company of 22.0273 million yuan, a year-on-year increase of 189.15%; and net profit attributable to the parent company after deducting non-recurring gains and losses of 26.8574 million yuan, a year-on-year increase of 380.24%. In the first three quarters of 2026, it achieved operating revenue of 580 million yuan, a year-on-year increase of 17.12%; net profit attributable to the parent company of 9.6116 million yuan, a year-on-year decrease of 76.59%; and net profit attributable to the parent company after deducting non-recurring gains and losses of 12.4913 million yuan, a year-on-year decrease of 61.53%. R&D investment in the first three quarters was 127 million yuan, a year-on-year increase of 30.85%, accounting for 21.84% of revenue.