Xishan Technology announced that in the third quarter of 2026, it achieved operating income of 467.436 million yuan, a year-on-year decrease of 38.30%; a net loss of 363.114 million yuan, which turned into a year-on-year loss. From the beginning of the year to the end of the reporting period, we achieved operating income of 166 million yuan, a year-on-year decrease of 27.94%; net loss of 61.772,700 yuan, which turned into a year-on-year loss; deducted non-net loss of 697.972 million yuan, which turned into a year-on-year loss. R&D investment was 519.49 million yuan, a year-on-year increase of 31.82%, accounting for 31.26% of revenue. Changes in performance are mainly due to fluctuations in terminal demand, adjustments to the marketing system, increased sales and R&D expenses, and increased preparation for inventory price reductions.

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