Shannon Core Innovation: Q1 net profit expected to increase by 6714.72%–8747.18% year-on-year; enterprise storage product prices continue to rise

MetaMuskRat · 2026-04-09T02:11:02+00:00

People's Finance News, April 7 — Shannon Core Technology (300475) disclosed its earnings forecast on April 7, expecting net profit attributable to shareholders in Q1 2026 to be between 1.14 billion and 1.48 billion yuan, a year-on-year increase of 6714.72% to 8747.18%. During the reporting period, driven by the booming demand for generative artificial intelligence (AGI) applications, industry prosperity continued to rise, enterprise storage product prices kept increasing, the company's profitability steadily improved, and profit levels significantly increased.

MetaMuskRat

2026-04-09 02:11:02

People’s Finance Network, April 7—Shangrong Chuang (300475) disclosed its earnings forecast on April 7, projecting that its Q1 2026 net profit attributable to the parent company will be 1.14 billion yuan—1.48 billion yuan, an increase of 6714.72%—8747.18%. During the reporting period, driven by strong demand growth for Generative Artificial Intelligence (AGI) applications, industry conditions continued to trend upward, enterprise storage product prices continued to rise, the company’s profitability continued to improve, and its profit level increased significantly.

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