净利润腰斩，千亿芯片巨头华虹公司盘中跌超6%，公司回应

Core Viewpoint - Huanhong Company reported a significant drop in net profit for Q3 despite achieving record sales revenue, leading to a notable decline in stock price [1][2] Financial Performance - Q3 revenue reached 45.66 billion yuan, a year-on-year increase of 21.10% [1] - Net profit attributable to shareholders was 1.77 billion yuan, a decrease of 43.47% year-on-year [1] - For the first three quarters, total revenue was 125.83 billion yuan, up 19.82% year-on-year, while net profit dropped 56.52% to 2.51 billion yuan [1] Cash Flow - Net cash flow from operating activities increased by 129.58% year-on-year, attributed to normal business operations rather than changes in accounts receivable or prepayments [1] Strategic Developments - The new chairman, Bai Peng, highlighted that Q3 sales revenue reached a historical high of 6.352 billion USD, with a gross margin of 13.5%, exceeding guidance expectations [2] - The company is actively pursuing an acquisition of Shanghai Huali Microelectronics, which is expected to enhance production capacity and improve profitability [2] Business Overview - Huanhong Company specializes in developing and applying embedded/non-volatile memory, power devices, analog and power management, and logic and RF technologies, providing wafer manufacturing services [2]