Ningbo Fubon: Net profit for the first quarter was 27.9857 million yuan, a year-on-year increase of 450.49%.

Ningbo Fubon's announcement shows that in the first quarter of 2026, its operating income was 406 million yuan, an increase of 83.68% year-on-year. Net profit was 27.9857 million yuan, an increase of 450.49% year-on-year. Net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 21.2415 million yuan, an increase of 505.45% year-on-year. The main reasons for this increase were the increase in profits from electrical contact products in this period, and the recognition of investment income from the transfer of 2.5% equity of Ningbo Zhonghua Paper Co., Ltd.