Feilong Shares announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be between 95 million yuan and 117 million yuan, a year-on-year decline of 59.20% to 66.87%. The company said the change in performance was mainly caused by the combined effect of multiple phased factors, including intensifying industry competition, rising raw material prices, exchange rate fluctuations, and new businesses still being in a cultivation period. Among these, third-quarter net profit is expected to be between 19 million yuan and 41 million yuan, while second-quarter net profit was 18 million yuan. Based on this calculation, third-quarter net profit is expected to increase by 7% to 130% quarter on quarter.
Feilong Auto Components Co LtdFeilong expects first-three-quarter 2026 net profit to fall 59.20%-66.87% year on year, driven by intensifying competition, higher raw material prices, FX swings, and new businesses still in cultivation.
