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Hongxin Electronics disclosed its 2026 third-quarter report on October 21, 2026. According to an October 23 report by 21ic Electronics Network, the company's net profit attributable to shareholders for the first three quarters was 217 million yuan, up 139.24% year on year; computing power and related business revenue was 2.615 billion yuan, accounting for 47.53% of revenue and becoming the largest source of revenue. The report also said net profit from the computing power business rose 123.13% year on year, and net profit from the FPC business rose 830.93% year on year. At present, the performance data related to this report is presented by the above report, and there is no cross-verification from other sources.
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Oct 23
21ic Electronics Network
Hongxin Electronics' net profit in the first three quarters increased by 139%, and its computing power business jumped to become the largest revenue source
In the first three quarters of 2026, Hongxin Electronics' net profit attributable to shareholders of the parent company was 217 million yuan, a year-on-year increase of 139.24%. Revenue from computing power and related businesses was 2.615 billion yuan, accounting for 47.53% of revenue, making it the largest revenue source. Net profit from the computing power business increased by 123.13% year on year, and net profit from the FPC business increased by 830.93% year on year. The company is extending from equipment sales to AI full-stack operations such as AIDC operations, Token factories, and physical AI.