Yongguan New Materials disclosed its earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 84 million yuan and 100 million yuan, a year-on-year increase of 172.92% to 224.91%. Deducted non-recurring net profit is expected to be between 8 million yuan and 12 million yuan, a year-on-year increase of 65.83% to 148.74%. The company stated that the expected profit growth is mainly due to the strategic advancement of upgrading traditional businesses and breakthroughs in emerging businesses. The release of production capacity from new business units such as automobiles and new energy, as well as overseas bases, has driven the expansion of sales scale, with operating revenue and gross profit growing simultaneously and overall gross margin recovering. At the same time, the year-on-year increase in government grants related to income also had a positive impact.
Shanghai Yongguan Adhesive Products Corp LtdCompany forecasts 172.92%-224.91% net profit growth for H1 2026, driven by business expansion and margin recovery.