Shandong Fiberglass: It is expected that the net profit in the first half of 2026 will increase by 14.65 million to 26.35 million yuan compared to the same period last year.

Shandong Fiberglass announced that it is expected to achieve a net profit attributable to shareholders of the listed company of 23.38 million to 35.07 million yuan in the first half of 2026, an increase of 14.65 million to 26.35 million yuan, representing a year-on-year increase of 168% to 302%. It is also expected to achieve a net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, of 19.17 million to 28.75 million yuan, an increase of 13.53 million to 23.11 million yuan, representing a year-on-year increase of 240% to 410%. The main reasons for the growth in performance during the reporting period are: first, the company's main product, fiberglass yarn, is experiencing both an increase in volume and price, leading to a continuous growth in the scale of main business income; second, the company continues to optimize its product structure, further improving the overall profitability of its products; third, the company is further implementing a low-cost strategy, strengthening the control of ten expenses, and continuing activities such as the "Five Special Teams" to reduce costs and increase net profit year-on-year.