Cambricon(SH:688256) Cai Jing Wang·2025-10-17 14:42Core Viewpoint - The company, Cambrian, reported a significant increase in revenue and profit for the third quarter of 2025, driven by market expansion and the application of artificial intelligence, marking a turnaround from previous losses [1]. Financial Performance - For the first three quarters of 2025, Cambrian achieved a revenue of 4.607 billion yuan, representing a year-on-year increase of 2386.38% [1][3]. - The net profit for the same period was 1.605 billion yuan, compared to a loss of 724.5 million yuan in the previous year [1]. - In the third quarter alone, Cambrian's revenue reached 1.727 billion yuan, up 1332.52% year-on-year, with a net profit of 566 million yuan [1][3]. Shareholder Activity - Notably, prominent investor Zhang Jianping increased his stake in Cambrian, becoming the fifth-largest shareholder with a holding percentage rising from 1.46% to 1.53%, adding 320,000 shares [1]. Research and Development - Cambrian maintained a high level of research and development investment in the first three quarters of 2025, which increased compared to the previous year. However, the proportion of R&D expenditure relative to revenue decreased due to the substantial growth in revenue [1].