Shengyi Electronics: Net profit increased by 122% year-on-year in the first quarter.

Shengyi Electronics announced that in the first quarter of 2026, its operating income reached 2.411 billion yuan, a year-on-year increase of 52.62%; the net profit attributable to shareholders of the listed company was 445 million yuan, a year-on-year increase of 122.16%. The performance change is mainly due to the company's deep implementation of the "market-led, dual-wheel drive" policy, accurately targeting the mid-to-high-end market, increasing research and development investment, promoting expansion and increased production, and strengthening quality management fundamentals to consolidate market competitive advantages, resulting in a significant increase in net profit for the reporting period compared to the same period last year. The company's net profit in Q1 was 445 million, while in Q4 of 2025 it was 358 million, based on this calculation, the net profit in Q1 increased by 24% quarter-on-quarter.