研报掘金丨中信建投：维持新易盛“ 买入”评级，预计四季度和明年将持续保持高景气度

Core Viewpoint - NewEase's net profit attributable to shareholders for the first three quarters of 2025 reached 6.327 billion, representing a year-on-year increase of 284.38% [1] - The company expects to maintain high growth momentum in the fourth quarter and next year due to strong demand and order visibility [1] Financial Performance - The net profit attributable to shareholders for the first three quarters was 6.327 billion, with a year-on-year growth of 284.38% [1] - The non-recurring net profit attributable to shareholders was 6.301 billion, reflecting a year-on-year increase of 283.27% [1] - The growth rate in the third quarter showed a sequential decline, primarily due to changes in the shipment schedule of certain products [1] Market Position and Outlook - The company has strong competitiveness in the high-speed optical module sector and is making breakthroughs with overseas clients [1] - In the context of a thriving computing power industry, the company is expected to benefit significantly [1]