Chinese Rock: It is expected that the net profit in the first quarter of 2026 will increase by 60% to 80% year-on-year.

China Stone announced that it is expected to achieve a net profit attributable to the shareholders of the listed company of 11.69 billion to 13.15 billion yuan in the first quarter of 2026, an increase of 4.38 billion to 5.84 billion yuan compared to the same period last year, representing a year-on-year increase of 60% to 80%. It is expected that the net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses in the first quarter of 2026 will be 11.91 billion to 13.4 billion yuan, an increase of 4.47 billion to 5.95 billion yuan compared to the same period last year, representing a year-on-year increase of 60% to 80%. In the first quarter of 2026, demand in the main downstream applications of glass fiber increased, with both product quantity and price rising. The company has improved its profitability by accelerating product structure optimization, increasing technological innovation, and strengthening market expansion, laying a solid foundation for the growth of this period's performance.