Xingfa Group: Net profit in the first quarter of 2026 was 257 million yuan, a decrease of 17.37% year-on-year.

Announcement of Xingfa Group: in the first quarter of 2026, operating income was 7.452 billion yuan, an increase of 3.09% year-on-year; net profit was 428 million yuan, basically flat year-on-year; net profit attributable to the shareholders of the listed company was 257 million yuan, a decrease of 17.37% year-on-year; basic earnings per share was 0.22 yuan/share, a decrease of 21.43% year-on-year.