Zhongtung High-tech: Net profit in the first quarter increased by 264.44% year-on-year, mainly due to the simultaneous increase in product quantity and price.

Zhongwu High-tech announced that in the first quarter of 2026, the operating income reached 7.007 billion yuan, a year-on-year increase of 106.47%; the net profit attributable to the shareholders of the listed company was 921 million yuan, a year-on-year increase of 264.44%. The main reason for the performance change is the simultaneous increase in product quantity and price. The company's net profit in Q1 is 921 million yuan. According to the estimated financial report for 2025, the net profit in Q4 of 2025 was 435 million yuan. Based on this calculation, the net profit in Q1 increased by 111% quarter-on-quarter.