Meichang Shares disclosed an earnings forecast, expecting attributable net profit for the first half of 2026 to be between 295 million and 315 million yuan, a year-on-year increase of 248.45% to 272.08%. During the reporting period, tungsten wire diamond wire has become the mainstream product in the photovoltaic silicon wafer cutting sector, and the company's share of tungsten wire diamond wire shipments rose by over 40% year-on-year, driving growth in the recovery of waste tungsten wire. At the same time, the business model combining the company's tungsten wire diamond wire sales with comprehensive waste tungsten recycling and recovery has boosted earnings, pushing the company's net profit to achieve year-on-year growth.
Yangling Metron New Material Co LtdTungsten wire diamond wire shipments rose over 40% year-on-year, driving earnings growth.