Zhonglei's third-quarter profit rate was 3.3%, and its EPS in the first three quarters was 4.34 yuan, which was better than the whole of last year.

In the third quarter, Zhonglei's share price rose by 3% and EPS was 1.75 yuan. The picture shows Chairman Wang Wei. (Photo by reporter Wang Yihong)

Netcom Factory Zhonglei's third-quarter consolidated revenue was 21.83 billion yuan, an annual increase of 48% and a quarterly increase of 5.9%, setting a new record for single-quarter revenue. Benefiting from a better product mix, the gross profit margin was 12.8%, which was better than the previous quarter's gross profit margin of 12.3%; the operating profit rate was 3.8%, operating profit was 820 million yuan, an annual increase of 73%, a quarterly increase of 21.3%, after-tax net profit was 530 million yuan, an annual increase of 77.5%, a quarterly increase of 11.2%, EPS 1.75 yuan. In the third quarter, Zhonglei's gross profit margin, operating profit margin and net profit margin were all better than the previous quarter's performance. It achieved "three profit margins and three liters" and continued to record six consecutive quarters of growth in revenue and net profit after tax.

Zhonglei's cumulative consolidated revenue in the first three quarters was 59.09 billion yuan, an annual growth rate of 54.2%, a new record for the same period in the past year, and has exceeded last year's full revenue of 54 billion yuan, with a gross profit margin of 12.9%, operating profit of 1.99 billion yuan, an increase of 64.1% over the same period last year, after-tax net profit of 1.3 billion yuan, an annual increase of 39.1%, and EPS of 4.34 yuan. The cumulative revenue, net profit after tax and EPS in the first three quarters have all exceeded the full-year performance in 2025.

Zhonglei said that the booming development of AI artificial intelligence applications has led to a surge in huge data traffic on the Internet, and the increasing popularity of emerging diverse broadband services, such as video streaming entertainment, smart Internet of Things, and remote monitoring, has accelerated the demand for broadband infrastructure equipment. Telecom operators are seizing upgrade business opportunities and accelerating the update of user-side broadband equipment to further expand the scale of operations. Their main products include Cable DOCSIS 4.0 cable television Internet equipment, 10G PON optical fiber equipment, 5G FWA fixed-line mobile access equipment, enterprise-level network equipment and edge AI smart monitoring equipment, etc. Customer order demand is strong.

In addition to its original main products, Zhonglei said it will actively launch Wi-Fi 8 wireless high-speed transmission, edge AI smart home applications, 50G PON ultra-high-speed optical fiber equipment and DAA distributed central office equipment to maintain market competitiveness and increase revenue.