Changchuan technology projects significant profit growth for Q1-Q3 2025

Hangzhou Changchuan Technology Co., Ltd. expects its net profit attributable to shareholders for the first three quarters of 2025 to range between 82,700 yuan and 87,700 yuan, a year-on-year increase of 131.39% to 145.38% compared to 35,739.88 yuan in the prior year. Excluding non-recurring gains and losses, the projected net profit is between 75,117 yuan and 80,117 yuan, a growth of 118.03% to 132.54% from 34,452.53 yuan last year.

For the third quarter alone, the company forecasts a net profit attributable to shareholders of 40,000 yuan to 45,000 yuan, an increase of 180.67% to 215.75% from 14,251.84 yuan in the same period last year. Net profit excluding non-recurring gains and losses for Q3 is expected to be 39,400 yuan to 44,400 yuan, marking a surge of 189.61% to 226.37% from 13,604.31 yuan.

The significant profit growth is primarily attributed to sustained strong market demand in the semiconductor industry, leading to robust customer orders, ample product backlog, and a substantial increase in sales revenue. Additionally, non-operating income for Q3, estimated at approximately 600 yuan, mainly stems from government subsidies. These are preliminary estimates and await auditing.