XCMC: Net profit in the third quarter was 276 million yuan, a year-on-year increase of 175.26%

XCMC announced that its revenue for the third quarter was 1.482 billion yuan, a year-on-year increase of 6.19%; net profit was 276 million yuan, a year-on-year increase of 175.26%. Revenue for the first three quarters was 4.303 billion yuan, a year-on-year decrease of 7.47%; net profit was 538 million yuan, a year-on-year decrease of 6.91%

The steel sector continues to strengthen, with XINXING PIPES hitting the limit up, and CBGF, YouFa, CITIC Pacific Special Steel, XCMC, Maanshan Iron & Steel, and Vanadium Titanium shares also rising

XCMC: The stock price has deviated by more than 21% for three consecutive days, and no undisclosed significant information has been found

XCMC's stock price increased by a cumulative 21.47% over three trading days from September 29 to October 9, which is considered an abnormal fluctuation. After the company's review, it stated that no significant information requiring correction was found, the operating conditions are normal, and the controlling shareholder and actual controller did not engage in stock trading. The company will disclose its third-quarter report on October 31 and reminds investors to pay attention to information from designated media, invest rationally, and be aware of risks

The three major A-share indices closed higher, with aerospace and military stocks strengthening

36Kr learned that the three major indices of A-shares collectively closed higher, with the Shanghai Composite Index rising by 0.52%, the Shenzhen Component Index rising by 0.35%, and the ChiNext Index slightly up; aerospace and military industry, metals, and memory concepts led the gains, with AVIC SAC and XCMC hitting the daily limit, Baiwei Storage rising over 9%, and ZHONGJIN GOLD rising over 3%; communication equipment, insurance, and brokerage stocks saw the largest declines, with NewEase falling over 5%, Bank of China Securities and Ping An Insurance falling over 1%

XCMC: Net profit in the first half of 2025 decreased by 45.11% year-on-year

XCMC announced that in the first half of 2025, operating revenue was 2.822 billion yuan, a year-on-year decrease of 13.33%. Net profit was 262 million yuan, a year-on-year decrease of 45.11%. The company plans not to distribute cash dividends, not to issue bonus shares, and not to convert reserves into share capital