Core Viewpoint - The company continues to benefit from the strong demand for AI computing power, reporting significant revenue and profit growth in the third quarter of 2025 compared to the same period in 2024 [1] Financial Performance - For the three months ending September 30, 2025, the company's revenue reached approximately RMB 3.332 billion, an increase of about 22.1% from RMB 2.729 billion in the same period of 2024 [1] - Operating profit for the same period was approximately RMB 128 million, reflecting a year-on-year growth of about 34.7% [1] - For the nine months ending September 30, 2025, revenue was approximately RMB 10.009 billion, up about 42.0% from RMB 7.05 billion in 2024 [1] - Operating profit for the nine-month period was approximately RMB 403.5 million, representing a year-on-year increase of about 24.8% [1] Business Development Highlights - The company provided advanced solutions for Meituan to build a high-performance GPU cluster, utilizing Leaf-Spine architecture and InfiniBand technology to ensure high bandwidth, low latency, and scalability [2] - The cloud AI infrastructure integrates advanced CPU, GPU, and 100G-400G network cards, supporting over 8,000 GPU nodes, 640 switches, and 30,000 optical modules [2] - Other notable projects include developing FPGA-accelerated low-latency computing systems for local AI applications, creating humanoid robot control platforms, and providing automotive-grade AI computing solutions for self-driving cars [2] Future Outlook - The company plans to deepen its core capabilities in AI chip applications and self-developed AI products [3] - Long-term strategies include entering fields such as intellectual property (IP) development, AI computing services, strategic investments, training and certification programs, marketing services, and international operations [3] - The company aims to optimize its revenue structure and leverage national support policies to seize new business opportunities, laying a solid foundation for continued growth in the coming year [3]
硬蛋创新(00400)：第三季度经营溢利约1.28亿元 同比增长约34.7%