Muxi (688802.SH): First three quarters revenue RMB2.824 billion, up 128.45% year on year; non-recurring net profit turned positive year on year

On the evening of October 30, Muxi (688802.SH) released its Q3 2026 financial report. In the first three quarters, the company achieved operating revenue of RMB2.824 billion, up 128.45% year on year; net profit attributable to shareholders of the parent company was RMB639 million, and non-recurring net profit attributable to shareholders of the parent company was RMB259 million, with both turning positive year on year. In the third quarter alone, operating revenue reached RMB1.5 billion, up 367.12% year on year; non-recurring net profit attributable to shareholders of the parent company was RMB308 million, marking two consecutive quarters of single-quarter non-recurring profitability. The announcement shows that during the reporting period, the company's products and services continued to receive widespread recognition and procurement from downstream customers, and GPU product shipments increased significantly, driving rapid revenue growth. As product sales scale continued to expand, the profitability of the company's core business further improved.