CXMT reports RMB132.04 billion profit as revenue rises 738.51%

Oct 30, 2026 10:26 (4h ago)

CXMT Group, also known as ChangXin Technology, reported RMB132.04 billion in net profit for the first three quarters of 2026.
First-three-quarter revenue reached RMB269.024 billion, approximately $40.5 billion, up 738.51% year on year; Q3 revenue rose 613.18% to RMB118.714 billion.
The company reported its strongest results since listing and announced an October share repurchase plan worth RMB1 billion to RMB2 billion.

CXMT Group Co., Ltd. (688825.SS), also identified as ChangXin Technology, reported net profit of RMB132.04 billion for the first three quarters of 2026, marking a year-on-year swing to profitability. Revenue reached RMB269.024 billion, up 738.51% year on year, including third-quarter revenue of RMB118.714 billion, up 613.18%. In October, the company announced a planned RMB1 billion to RMB2 billion share repurchase at a maximum price of RMB72.69 per share, funded through internal or self-raised capital.