Huapei Power: Net profit loss of 3.4882 million yuan in the first quarter of 2026.

HuaPei Power announced that the operating income in the first quarter of 2026 was 295 million yuan, a year-on-year increase of 6.88%. Net profit was a loss of 3.4882 million yuan, a year-on-year decrease of 124.19%. The main reasons were the decrease in gross profit margin due to price reductions and changes in product structure, as well as the impact of macroeconomic environment causing exchange gains to turn into exchange losses.