Boyun New Materials: It is estimated that the net profit in the first quarter of 2026 will be as high as 142 million yuan, an increase of 141 million yuan compared to the same period.

Baiyun New Materials announced that the net profit in the first quarter of 2026 is expected to reach the highest level of 142 million yuan, compared to 982,800 yuan in the same period of the previous year, an increase of 141 million yuan. During the reporting period, against the background of continued rise in the prices of tungsten carbide, the main raw material for hard alloy products, the company's hard alloy sector relied on advantages such as funding, scale, and technology, and achieved overall increase in both volume and price of products, resulting in significant growth in revenue and gross profit margin of the hard alloy sector.