Black peony: Net profit in the first quarter increased by 46.12% year-on-year.

Black Peony disclosed its first quarter report on April 20th, achieving a operating income of 452 million yuan in the first quarter of 2026, a year-on-year decrease of 26.56%; the net profit attributable to the parent company was 56.007 million yuan, a year-on-year increase of 46.12%. During the reporting period, the main reason for the year-on-year increase in net profit attributable to the parent company was that Jiangsu Bank's mid-year dividends did not need to pay corporate income tax, resulting in a decrease in corporate income tax due to the decrease in total profits, and the profits in this period were mainly contributed by the company and its wholly-owned subsidiaries.