Ruixinwei forecasts nine-month profit growth of 68.04%–73.17%
In short
Ruixinwei (瑞芯微) forecast net profit attributable to parent-company owners of 1.31 billion to 1.35 billion yuan for the first three quarters of 2026. That would represent growth of 68.04%–73.17% from a year earlier.
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Ruixinwei (瑞芯微), stock code 603893.SH, announced on October 15 that it expected net profit attributable to parent-company owners of 1.31 billion to 1.35 billion yuan for the first three quarters of 2026. The projected year-on-year increase was 68.04%–73.17%. [ 1 , 2 , 3 ]
The company cited growth in robotics, automotive electronics, machine vision and industrial applications using its AIoT chip platform. It said RK182X coprocessor product lines had reached product launches and project mass production, while RK3572 and other new products entered mass production in the third quarter. CLS put projected third-quarter net profit at 451 million to 491 million yuan, against 529.8 million yuan in the second quarter, implying a quarterly decline of 7.32%–15.06%. [ 1 , 2 ]
Why it matters
The company linked growth to its AIoT, or on-device AI, chip platform and demand across robotics, automotive electronics, machine vision and industrial applications. CLS nevertheless calculated a projected third-quarter profit decline of 7.32%–15.06% from the second quarter.
Key facts
What local media are saying
Timeline, local time
- October 15: CLS reported the company's nine-month forecast and projected quarterly profit decline. [ 1 ]