Xinyuan Intelligence: Net profit in the first quarter of 2026 was a loss of 4.18 million yuan, a year-on-year decrease of 179.78%.

Xinyuan Smart Manufacturing Announcement: In the first quarter of 2026, the operating income was 150 million yuan, a year-on-year decrease of 9.52%. The net profit was a loss of 4.18 million yuan, compared to a net profit of 5.2396 million yuan in the same period last year. The main reason for the decrease in profit during this reporting period is the significant increase in manpower costs and R&D investment of subsidiary companies compared to the same period last year, as well as rising raw material prices, exchange rate fluctuations, and other factors affecting the agricultural machinery sector sales compared to the same period last year.