Understand this story
China Jushi released its 2026 third-quarter report, with third-quarter net profit attributable to shareholders reaching 2.41 billion yuan, setting a new single-quarter profit record since listing. According to Securities Times, the company's net profit for the first three quarters was 1.27 billion yuan, 1.62 billion yuan and 2.41 billion yuan respectively, with the third quarter being the highest. The report said AI servers drove growth in demand for high-performance electronic cloth, with the price of 7628 electronic cloth rising from 4.3-4.5 yuan/meter in October 2025 to over 10 yuan/meter in October 2026. Currently this performance information comes from a single-source report, with no additional independent sources for cross-verification.
AI-generated from public reports
Developments
1 confirmed developments
China Jushi releases Q3 report, Q3 net profit 2.41 billion yuan hits new high
Source:English text is being prepared.
Reports and discussion timeline
Browse reports and discussion by time. Their evidence levels remain distinct.
Oct 22
Securities Times
AI boom lifts electronic cloth prosperity, China Jushi's quarterly net profit hits a new high of 2.41 billion yuan
China Jushi's net profit attributable to shareholders reached 2.41 billion yuan in the third quarter of 2026, setting a new single-quarter profit record since its listing. Its single-quarter net profits for the first three quarters were 1.27 billion yuan, 1.62 billion yuan and 2.41 billion yuan, respectively. AI servers are driving growth in demand for high-performance electronic cloth, with the price of 7628 electronic cloth rising from 4.3-4.5 yuan/meter in October 2025 to more than 10 yuan/meter in October this year. Institutions expect the company's net profit attributable to shareholders to exceed 10 billion yuan in 2027.