Hunan Silver: Net profit in the first quarter increased by 456% year-on-year, with the prices of precious metals rising.

Hunan Silver announced that in the first quarter of 2026, the operating income reached 3.198 billion yuan, an increase of 69.17% year-on-year; the net profit attributable to shareholders of the listed company was 156 million yuan, an increase of 455.78% year-on-year. This is mainly due to the active promotion of refined management, cost reduction and efficiency improvement, and technological upgrading during the reporting period, combined with the rise in precious metals market prices compared to the same period last year, resulting in an increase in comprehensive gross profit margin of products and increased profitability in this period. The company's net profit for Q1 was 156 million yuan, and the net profit for Q4 of 2025 was 182 million yuan. Based on this calculation, the net profit for Q1 decreased by 14% compared to the previous quarter.