Tianneng Dynamics announced that overall earnings for the first half of 2026 are expected to drop slightly by about 5% to 8% compared to the same period last year, and profit attributable to shareholders will decrease by about 62% to 66% compared to the same period last year. The change in earnings was mainly due to the Group's active contraction of trade business, but revenue from the manufacturing business increased by about 5% to 9% over the same period last year. Profit changes are mainly due to high prices of upstream raw materials such as sulfuric acid, compounded by increased competition in the downstream industry and the recovery in terminal consumer demand falling short of expectations. The gross profit of the main business is under pressure. At the same time, due to adjustments in value-added tax deduction policies, other earnings decreased compared to the same period last year.

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