-+ 0.00%
-+ 0.00%
-+ 0.00%
Fast Innovation (03355) adjusted net profit of 778 million yuan in the first three quarters, up 68.9% year on year
Share
Listen to the news

Zhitong Finance App News, Rapid Innovation (03355) was announced. Benefiting from continued strong demand in the industry, continued to increase investment in AI infrastructure in various fields, and business collaboration brought about by the Boda acquisition, the group's operations continued to grow rapidly in the third quarter, and the size of core business orders maintained a good growth trend. During the reporting period, the Group continued to promote product iteration and capacity upgrading of network solutions. For the nine months ended September 30, 2026, the company achieved total revenue of 2,894.5 billion yuan, an increase of 33.1% over the same period of the previous year, and adjusted net profit of 778 million yuan, an increase of 68.9% over the same period of the previous year.

The company focuses on the development and sales of overall network solutions. Relying on long-term accumulated technology research and development barriers, mature supply chain systems and global customer layout, the acquisition of Boda this year effectively complements the Group's capabilities in the field of multi-category network equipment and supporting supply chains, and the integration of internal technology research and development is progressing steadily. The Group continues to insist on technology iteration in parallel with product upgrades, promote high-end and high-speed product layout, simultaneously sort out the Group's product matrix, plan the overall product plan, optimize the dual brand positioning and the Group's business segment layout, differentiate the target markets of different brands, and further consolidate domestic and overseas market coverage capabilities. During the reporting period, the company's revenue from high-performance network solutions maintained rapid growth, up 51.5% from the same period last year.

The company continues to improve supply chain management and global manufacturing capabilities, and promote the upgrading of the Group's overall product strategy. Facing the future, the Group will continue to deepen market segmentation strategies, improve multi-product line plans, continue to explore market opportunities in data centers, AI computing power centers, and enterprise networks, and further open up R&D, manufacturing and market-side collaboration to consolidate and enhance the Group's comprehensive competitiveness in the field of global network solutions.


Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending