Euri Technology: It is expected that the net profit for the first quarter of 2026 will be between 22 million and 28 million RMB.

date
13/04/2026
Xin Technology announces that it is expected to achieve a net profit of 22-28 million yuan in the first quarter of 2026, compared to a loss in the same period last year. In the first quarter of 2026, the company's operating performance achieved significant growth, mainly benefiting from the recovery of the lithium battery industry and the strengthening of its core business. On one hand, the steady increase in demand and capacity utilization in the domestic lithium battery industry has led to a rapid release of demand for lithium battery equipment components. With stable product quality, timely delivery capabilities and high-quality customer service, the company's precision mold and components business has seen a significant increase in orders, with revenue and profit recovering rapidly and becoming the main driver of performance improvement. On the other hand, the company's precision reducer and gear motor products have seized the favorable opportunity in the rapidly growing photovoltaic tracking bracket market. With continuously enhanced product competitiveness and significant market expansion, sales and revenue have steadily increased, contributing new growth to the company's overall performance.