Xinbao Shares (002705.SZ) released its performance for the first three quarters, with net profit attributable to the parent company of 222 million yuan, a year-on-year decrease of 73.6%.

Zhitong Finance APP News, Xinbao Electric (002705.SZ) released its 2026 third-quarter report. In the first three quarters, the company achieved operating revenue of 11.932 billion yuan, down 2.86% year on year; net profit attributable to shareholders of the listed company was 222 million yuan, down 73.6% year on year; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 193 million yuan, down 76.26% year on year; basic earnings per share were 0.2764 yuan. The company's performance changes were mainly due to factors such as intense market competition, fluctuations in the RMB/USD exchange rate, and rising prices of bulk raw materials.