According to Youyan Powder's announcement, the first half of 2026 achieved operating income of 2.62 billion yuan, a year-on-year increase of 46%; net profit of 56.6 million yuan, an increase of 55%; and total profit of 61.38 million yuan, an increase of 62% over the previous year. Total sales volume was 18,202 tons, up 10% year on year, of which overseas sales volume was 4,545 tons, achieving 51% of the annual target. R&D investment in the first half of the year accounted for 2.75% of revenue, achieving 51% of the annual target of 140 million yuan; 15 new domestic invention patents were applied for, and 8 new domestic invention patents were authorized. The 2025 equity distribution will be 2.37 yuan for every 10 shares, for a total dividend of 24.648 million yuan, with a dividend ratio of 35.2%. The overall progress of implementation of the “Improve Quality, Increase Efficiency, and Value Returns” action plan is in line with expectations.

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