The global surge in artificial intelligence (AI) has spurred a significant increase in demand for High Bandwidth Memory (HBM), compelling ChangXin Memory to expedite its production expansion efforts. In the first three quarters of the year, the company's revenue soared to a range of RMB 265 billion to RMB 270 billion, marking a more than sevenfold increase year-on-year. Meanwhile, the net profit attributable to the parent company ranged from RMB 131 billion to RMB 132.5 billion, successfully turning losses into profits and addressing the supply gap in the DRAM market.
