--- type: "News" locale: "en" url: "https://longbridge.com/en/news/281864341.md" description: "Shannon Semi expects its first-quarter net profit to be between 1.14 billion and 1.48 billion yuan, a year-on-year increase of 6,714.72% to 8,747.18%. Benefiting from the strong growth in demand for Generative Artificial Intelligence (AGI) applications, the industry's prosperity continues to rise, enterprise-level storage product prices have increased, and the company's profitability has continuously improved, significantly increasing its profit level" datetime: "2026-04-07T10:22:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281864341.md) - [en](https://longbridge.com/en/news/281864341.md) - [zh-HK](https://longbridge.com/zh-HK/news/281864341.md) --- # Shannon Semi: Expects first-quarter net profit to be between 1.14 billion and 1.48 billion yuan, a year-on-year increase of 6,714.72%-8,747.18%. Driven by the strong growth in demand for Generative Artificial Intelligence (AGI) applications, the industry's prosperity continues to rise, enterprise-level storage product prices continue to increase, the company's profitability continues to improve, and its profit level has significantly increased. ### Related Stocks - [300475.CN](https://longbridge.com/en/quote/300475.CN.md) ## Related News & Research - [Adnoc CEO: The US is top investment priority for the UAE](https://longbridge.com/en/news/287066990.md) - [Tiger Group Sale Features Audiovisual Gear in Canada](https://longbridge.com/en/news/286775465.md) - [ZAWYA: KIB Group, represented by KIB Invest, acts as Joint Lead Manager in landmark $700mln Sukuk issuance by First Abu Dhabi Bank](https://longbridge.com/en/news/287054139.md) - [Enorama Pharma sells nicotine gum assets to Aflofarm for EUR 100,000](https://longbridge.com/en/news/287075264.md) - [Everis Medical Announces Acquisition of Hood Laboratories to Expand Head & Neck and Airway Management Portfolio](https://longbridge.com/en/news/287061420.md)