生益科技：前三季度净利润同比增长78.04% 覆铜板销量同比上升

Core Insights - Shengyi Technology (600183.SH) reported a significant increase in revenue and net profit for Q3 2025, with revenue reaching 7.934 billion yuan, a year-on-year growth of 55.10%, and net profit at 1.017 billion yuan, up 131.18% [1] - For the first three quarters of 2025, the company achieved a revenue of 20.614 billion yuan, reflecting a year-on-year increase of 39.80%, and a net profit of 2.443 billion yuan, which is a 78.04% increase compared to the previous year [1] Revenue and Profit Growth - The increase in revenue and net profit is attributed to a rise in the sales volume of copper-clad laminates and an increase in revenue from these products [1] - The company has been optimizing its product structure to enhance gross margins, which has contributed to the improvement in profitability [1] Market Position and Strategy - Shengyi Technology's subsidiary, Shengyi Electronics Co., Ltd., is focusing on a "market-led, dual-wheel drive" operational philosophy to enhance its market, technology, and quality management capabilities [1] - The proportion of high-value-added products has increased during the reporting period, which has helped the company strengthen its competitive advantage in the mid-to-high-end market [1]