Core Insights - The profits of industrial enterprises above designated size increased by 0.9% year-on-year in the first eight months, reversing the continuous decline in profits since May of this year [1] - The manufacturing sector saw a profit growth of 7.4%, accelerating by 2.6 percentage points compared to the first seven months [1] - The electricity, heat, gas, and water production and supply industry experienced a profit growth of 9.4%, an acceleration of 5.5 percentage points [1] Sector Analysis - The profit growth of the equipment manufacturing industry was 7.2%, contributing 2.5 percentage points to the overall profit growth of industrial enterprises above designated size, making it one of the strongest driving sectors [1] - The raw materials manufacturing sector also showed rapid profit growth, while the consumer goods manufacturing sector shifted from a decline to an increase in profits [1]