Kain Technology: Net profit in the first quarter was 6.1342 million yuan, a year-on-year decrease of 76.10%.

Kein Technology announced that its operating income for the first quarter of 2026 was 207 million yuan, a year-on-year decrease of 10.67%. Net profit was 6.1342 million yuan, a year-on-year decrease of 76.10%. The main factors affecting this were the adjustment of the value-added tax policy for biological products from simplified taxation to general taxation, as well as the amortization of expenses related to employee stock ownership plans.