On the evening of October 28, Yushu Technology disclosed its report for the third quarter of 2026: single-quarter revenue of 665 million yuan, up 69.93% year on year; net profit to mother was 113 million yuan, down 17.37% year on year, and close to 50% month on month. In response to the decline in profits, a relevant person from the company's director's office said that it is mainly due to an increase in computing power and R&D investment in the direction of large models; the impact is manageable if the cycle is lengthened. There are only phased changes in a single quarter. R&D investment at this stage is based on fund-raising plans, and will not increase blindly.
Zhitongcaijing · 2d ago
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On the evening of October 28, Yushu Technology disclosed its report for the third quarter of 2026: single-quarter revenue of 665 million yuan, up 69.93% year on year; net profit to mother was 113 million yuan, down 17.37% year on year, and close to 50% month on month. In response to the decline in profits, a relevant person from the company's director's office said that it is mainly due to an increase in computing power and R&D investment in the direction of large models; the impact is manageable if the cycle is lengthened. There are only phased changes in a single quarter. R&D investment at this stage is based on fund-raising plans, and will not increase blindly.
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