Feilong Corporation: It is expected that the net profit in the first quarter of 2026 will decrease by 42.92% to 59.23% year-on-year.

Feilong Co., Ltd. announced that the estimated net profit for the first quarter of 2026 is expected to be between 50 million and 70 million RMB, a year-on-year decrease of 42.92% to 59.23%. During the reporting period, the fluctuation of the RMB exchange rate was significant, resulting in exchange losses of approximately 25 million RMB compared to the same period last year; affected by adjustments in U.S. tariff policies, the tariff factor in the reporting period is expected to impact profits by approximately 10 million RMB compared to the same period last year; the company's overseas production base, Longtai Auto Parts Co., Ltd., is gradually entering the production phase, with preliminary expenses expected to impact current profits by approximately 10 million RMB; the intense competition in the new energy vehicle industry and the pressure of price reduction in the upstream and downstream industry chain continue to squeeze the company's profit margins.