Smart Technology: Net profit in the first quarter was 34.51 million yuan, a year-on-year increase of 163.18%.

Rui Neng Technology announced that its operating income in the first quarter of 2026 was 695 million yuan, an increase of 30.49% year-on-year. Net profit was 34.51 million yuan, an increase of 163.18% year-on-year. The main reason for the increase in net profit was the increase in total profit, resulting in an increase in corresponding income tax expenses; as well as the increase in income tax expenses caused by the deduction of losses from certain subsidiary companies and unrecognized deferred tax assets for temporary differences.