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Shannon Core Innovation ( 300475.SZ ): Expected net profit growth of 6714.72% - 8747.18% year-on-year in the first quarter
Gelonghui April 7th | Shannon Core Innovation (300475.SZ) announced that it expects the net profit attributable to shareholders of the listed company in the first quarter to be between 1.14 billion yuan and 1.48 billion yuan, a year-on-year increase of 6,714.72% to 8,747.18%. After deducting non-recurring gains and losses, the net profit is expected to be between 1.12B yuan and 1.46B yuan, a year-on-year increase of 7,424.82% to 9,713.23%.
Driven by the booming demand for generative artificial intelligence (AGI) applications, industry prosperity continues to rise, enterprise storage product prices keep increasing, the company’s profitability steadily improves, and profit levels significantly rise. In the first quarter of 2026, the company’s non-recurring gains and losses are approximately 22 million yuan.