Zhongrong Electric forecasts first-half net profit attributable to parent up 46.91% to 68.73% year-on-year

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Zhongrong Electric issued a performance forecast, estimating net profit attributable to the parent for the first half of 2026 at 202 million to 232 million yuan, representing a year-on-year increase of 46.91% to 68.73%. Net profit after deducting non-recurring items is expected to be 197 million to 227 million yuan, up 46.06% to 68.30% year-on-year. The profit growth is mainly due to the company strengthening corporate management and research and development investment, boosting sales revenue and profit through measures such as adjusting product mix, tackling technical challenges, optimizing processes, and reducing costs while increasing efficiency, while also formulating differentiated marketing strategies to enhance product competitiveness.

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