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Zhongzhong Heavy Technology: Net profit is expected to grow year over year by 50.91% to 96.18% in the first half of 2026.

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Announcement by China Heavy Industry Technology Co., Ltd.: It is expected that in the first half of 2026, the net profit attributable to shareholders of the listed company will be RMB 29.6157 million to RMB 38.5004 million, which represents an increase of RMB 9.9904 million to RMB 18.8751 million compared with the same period last year, representing a year-on-year growth of 50.91% to 96.18%. It is also expected that in the first half of 2026, the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses will be RMB 22.2614 million to RMB 28.9398 million, which represents an increase of RMB 12.7663 million to RMB 19.4447 million compared with the same period last year, representing a year-on-year growth of 134.45% to 204.79%. During the reporting period, the company’s operating performance increased year over year, with the core driver being the increased scale of operating revenue. The large orders signed in the earlier period have completed the design and production and manufacturing processes, and are delivered and fulfilled in a concentrated manner during this reporting period, meeting the conditions for revenue recognition. The company’s operating revenue during the period increased significantly compared with the same period last year, which in turn drove a year-on-year increase in net profit attributable to shareholders.
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