Beijing Lier announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 370 million yuan and 435 million yuan, representing a year-on-year increase of 70% to 100%. The change in performance is mainly due to the fair value change of its investment in Zhejiang Xiwang Intelligent Technology Co., Ltd. during the reporting period, which resulted in a significant amount of fair value change gains. The company's net profit for the second quarter is expected to be between 240 million yuan and 305 million yuan, while net profit for the first quarter was 130 million yuan. Based on this calculation, second-quarter net profit is expected to grow 83% to 133% quarter-on-quarter.
Beijing Lier High Temperature Materials Co LtdCompany expects net profit to rise 70-100% YoY due to fair value gains from investment.