Lingxiong Technology (02436) issued a profit warning, expecting a substantial increase in mid-term net profit to approximately 20 million yuan.

Zhitong Finance APP reported that Lingxiong Technology (02436) announced that the Group expects its net profit to increase significantly to approximately RMB 20 million for the six months ending June 30, 2026, representing an increase of about 300.0% compared to approximately RMB 4.9 million for the same period in 2025. The Group also expects its gross profit to rise significantly to approximately RMB 180 million for the six months ending June 30, 2026, with an increase of no less than 75%, compared to approximately RMB 101.9 million for the same period in 2025.