Shaoneng Group: Expected net profit for the first three quarters of 2026 to increase by 61.12%-75.03% year-on-year.

Shaoneng Co., Ltd. announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 278 million302 million, a year-on-year increase of 61.12%75.03% compared with a profit of RMB 173 million in the first three quarters of 2025; net profit after deducting non-recurring gains and losses is expected to be RMB 256 million280 million, a year-on-year increase of 94.87%113.12% compared with a profit of RMB 132 million in the first three quarters of 2025; basic earnings per share are RMB 0.26520.2881 per share. The profit growth was mainly due to the clean and renewable energy business carrying out "increasing revenue and reducing expenditure," the precision manufacturing business focusing on production and operations, and the papermaking business significantly reducing losses year on year.