Ningbo Fubang disclosed an earnings forecast, expecting net profit attributable to owners of the parent company in the first half of 2026 to be between 50 million yuan and 60 million yuan, a year-on-year increase of 416.54% to 519.85%. During the reporting period, the company's core business has shifted primarily to the production and sales of electrical contact materials, and the original low-efficiency asset, the aluminum profile processing business, has been fully divested. The holding subsidiary Ningbo Electrical Alloy Materials Company has been deeply cultivating its niche segment. Benefiting from the optimization of industry supply and demand patterns brought about by silver price fluctuations, it has continuously optimized its product structure, promoted cost control and operational efficiency improvements, leading to a significant release of revenue scale and profitability in the first half. The combination of these factors jointly drove the relatively rapid growth of the company's overall operating performance.
Ningbo FubangNet profit forecast up 416-520% YoY driven by business shift and cost control.