Shiyao Innovation: Net profit of 1.261 billion yuan for the first half of 2026, turning losses into profits.

Shiyao Innovation Announcement: For the first half of 2026, the operating revenue reached 3.24 billion yuan, a year-on-year increase of 208.72%. The net profit attributable to shareholders of the listed company was 1.261 billion yuan, compared to a loss of 2.7461 million yuan in the same period last year, achieving a turnaround. The net profit excluding non-recurring items was 1.226 billion yuan, compared to a loss of 41.1441 million yuan in the same period last year. The company plans not to distribute cash dividends, not to issue bonus shares, and not to increase share capital using surplus reserves.