Jin Yi Industrial disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be between 185 million and 220 million yuan, a year-on-year increase of 57.67% to 87.5%. Deducted non-recurring net profit is expected to be between 160 million and 190 million yuan, up 40.36% to 66.67% year-on-year. The company stated that during the reporting period, centralized supply for high-speed rail line contracts boosted sales of railway fastener products, and active expansion into the new energy vehicle fastener market increased sales of related products. At the same time, inventory costs declined, leading to year-on-year growth in main business profit. In addition, the company transferred its 100% equity stake in its wholly-owned subsidiary Quanzhou Jin Yi Logistics Co., Ltd., recognizing corresponding investment income to optimize its asset structure and resource allocation.
Gem-Year Industrial Co LtdEarnings forecast shows 57.67%-87.5% net profit increase, driven by sales growth and cost decline.
Subsidiary Quanzhou Jin Yi Logistics was sold, generating investment income and optimizing asset structure.