Xinlai Yingcai released its 2026 three-quarter report on October 27. In the third quarter, the company achieved operating income of 972 million yuan, an increase of 15.05%; during the same period, net profit to mother was 53.7043 million yuan, an increase of 44.59% over the same period. In the first three quarters, the company achieved revenue of 2,518 billion yuan, an increase of 11.70% year on year; during the same period, net profit to mother was 154 million yuan, an increase of 5.81% over the previous year. The company announced on the same day that Fangxin Precision, a wholly-owned subsidiary of the company, signed a “Construction Project General Contract” with Jiangsu Shungong. The total cost of the project was 164 million yuan to build R&D and manufacturing projects for gas evens, aluminum cavities for electronic equipment, and electrostatic suction cups.

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.