According to the Zhitong Finance App, Lanqi Technology (06809.HK) announced that in the first three quarters of 2026, benefiting from AI industry trends, the company's interconnect chip shipments increased significantly, driving the company's business performance to achieve a significant increase over the same period last year. The company achieved operating income of 5.414 billion yuan, an increase of 33.4% year on year; realized net profit attributable to shareholders of listed companies of 3,237 billion yuan, an increase of 98.3% year on year, and realized net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 2,327 billion yuan, an increase of 58.6% year on year. The reasons for the sharp increase in the company's net profit in the first three quarters of 2026 are: (1) operating income increased by 33.4% year on year; (2) product structure optimization, as the revenue share of new DDR5 RCD chips and interconnect chip products increased, the gross margin of interconnect chips reached 68.9%, an increase of 4.1 percentage points year on year, driving the company to achieve gross profit of 3,583 billion yuan, an increase of 43.7% year on year; (3) total income from investment income and fair value changes was 904 million yuan, an increase of 709.0% year on year. In addition, the exchange rate of RMB against the US dollar appreciated in the first three quarters of 2026, and foreign currency assets held by the company (mainly funds raised by the company received to issue H shares) caused exchange losses of 238 million yuan (exchange losses in the same period last year were 0.17 million yuan), which had a negative impact on profits during the period.

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