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Headlines · 1

  1. Longsys forecasts RMB 14–14.9B net profit for first nine months of 2026, up 1,864%–1,991%

    Longsys (江波龙) said on Oct 15 in a preliminary earnings forecast that it expects net profit attributable to shareholders of RMB 14–14.9 billion for January–September 2026, up 1,864.55%–1,990.84% from RMB 713 million a year earlier, on revenue of RMB 38–40 billion (up 127.08%–139.03%) and adjusted net profit of RMB 13.8–14.8 billion. For the third quarter alone it projects revenue of RMB 13.9–15.9 billion and adjusted net profit of RMB 3.753–4.753 billion, and said operating cash flow turned positive in the quarter. The company attributed the swing to revenue and profit growth and to the memory industry moving from a consumer price cycle to an AI-driven technology cycle, saying UFS 4.1, mSSD and ePOP5x products have reached volume commercial use with major customers and that edge-AI cooperation now extends to AMD and Qualcomm. The figures are preliminary and unaudited, pending the formal quarterly report.

    IT之家 AI · 🔥 0

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