Zhenyu Technology announced that net profit for the first three quarters of 2026 is estimated to be 650 million yuan to 700 million yuan, an increase of 57.79% to 69.93% for the same period last year; net profit after deducting non-net profit of 620 million yuan to 670 million yuan, or 398 million yuan for the same period last year, an increase of 55.82% to 68.38% year on year. The increase in performance was mainly driven by factors such as increased demand for downstream lithium batteries, especially energy storage batteries, the gradual commissioning of new production capacity for motor cores, increased capacity utilization, and cost reduction and efficiency. The above data are preliminary estimates and have not been audited by an accounting firm.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.