Huaxin New Material: Expected net profit of 520 million to 720 million yuan in the first quarter of 2026

Huaxin Building Materials announces that it expects to achieve net profit attributable to owners of the parent company of RMB 520 million to RMB 720 million in the first quarter of 2026, which will increase by RMB 290 million to RMB 490 million compared with the same period last year, representing a year-over-year increase of 126% to 213%. It also expects to achieve net profit attributable to owners of the parent company after deducting non-recurring gains and losses of RMB 520 million to RMB 720 million in the first quarter of 2026, which will increase by RMB 280 million to RMB 480 million compared with the same period last year, representing a year-over-year increase of 117% to 200%.

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