Huigu New Materials: Full-year gross margin for 2026 is expected to remain relatively stable.

Huigu New Materials recently stated during institutional research and roadshow activities that the company expects its full-year gross margin in 2026 to remain relatively stable, but does not rule out periodic fluctuations in individual quarters caused by factors such as significant abnormal movements in raw material prices, changes in product mix, and changes in downstream customer order structure. The company's contracts with major customers include price adjustment clauses, and when raw material prices rise significantly, the company will negotiate price adjustments with customers. As of now, the prices of some products have been implemented according to the latest agreements.