Mai Lande: Net profit in the first quarter was 22.9253 million yuan, a year-on-year decrease of 42.49%.

Maidland announcement, the operating revenue in the first quarter of 2026 was 99.205 million yuan, a year-on-year decrease of 16.13%. The net profit was 22.9253 million yuan, a year-on-year decrease of 42.49%. The main reason is the relocation of the production workshop, resulting in a temporary suspension of production, causing short-term disturbances to the company's production capacity and order delivery, and a decrease in revenue scale; the production base project has reached the planned usable state, leading to an increase in depreciation expenses for related fixed assets compared to the previous period, driving up operating costs.