Yushu Technology: Net Profit Excluding Non-Recurring Items Decreased by 52.55% Year-on-Year in Q1 2026

On May 25, Yushu Technology Co., Ltd. mentioned in its response to the review center's opinions on its application for the initial public offering and listing on the Sci-Tech Innovation Board that during the reporting period, the company achieved an operating revenue of 423 million yuan from January to March 2026, with a year-on-year growth rate dropping from 332.64% in the previous year to 68.49%. At the same time, due to a significant increase in R&D expenses, sales expenses, and other period costs, the net profit excluding non-recurring items fell from 84.8365 million yuan in the same period last year to 40.2536 million yuan, representing a year-on-year decline of 52.55%.
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