Shannon Core Innovation's first-quarter net profit is expected to increase by more than 87 times, temporarily holding the throne as the A-share's top increase.

Shannon Core Innovation (300475) disclosed its 2026 first-quarter performance forecast on the evening of April 7, estimating that its net profit attributable to shareholders will reach 1.14 billion to 1.48 billion yuan, with a year-on-year growth rate as high as 6714.72% to 8747.18%. According to statistics from Tonghuashun iFinD data, the company currently ranks first on the A-share market’s list for first-quarter net profit year-over-year growth.

The main drivers behind the substantial performance increase come from the explosive growth in demand for generative artificial intelligence (AGI) applications. Shannon Core Innovation said that sustained improvement in industry conditions is pushing up the prices of enterprise-level storage products, significantly improving the company’s profitability and delivering a leap in its profit level. This trend is directly reflected in the core business indicators, providing solid support for the performance growth.

The performance highlights for 2025 released on the same day show that the company’s full-year operating revenue reached 35.251 billion yuan, up 45.24% year on year; net profit attributable to shareholders was 544 million yuan, up 106.06% year on year. Both key metrics maintained double-digit growth, demonstrating a steady operating posture and strong market competitiveness.

In the secondary market, as of the close on April 7, Shannon Core Innovation’s share price closed at 123.48 yuan per share, up 1.23%, with a total market value of 57.4 billion yuan. Trading data for the day showed that the market responded positively to the company’s performance, with the stock price maintaining an upward trend amid fluctuations.