Zhenyu Technology: Net profit in the first quarter is expected to increase by 277.43% to 318.61% year-on-year

MetaMuskRat · 2026-04-08T16:33:02+00:00

People's Financial News, April 7 — Zhenyu Technology (300953) released its earnings forecast on April 7, estimating that the net profit attributable to the parent company in the first quarter will be between 275 million and 305 million yuan, a year-on-year increase of 277.43% to 318.61%. During the reporting period, the continuous rapid growth in downstream lithium battery markets, especially energy storage batteries, drove the company's main business revenue to keep increasing. Capacity utilization significantly improved, and scale effects became evident; at the same time, the company increased investment in technological R&D and innovation, enhanced production automation levels, and reduced costs and increased efficiency through refined management, promoting overall economic benefits.

MetaMuskRat

2026-04-08 16:33:02

People’s Finance and News, April 7—Zhenyu Technology (300953) released an earnings forecast on April 7. The company expects first-quarter net profit attributable to shareholders to be 275 million yuan—305 million yuan, up 277.43%—318.61% year over year. During the reporting period, sustained rapid growth in demand in the downstream lithium battery market—especially energy storage batteries—continued to drive ongoing growth in the company’s main business revenue. Capacity utilization increased significantly, and economies of scale were evident. At the same time, the company stepped up technological R&D and innovation, improved production automation levels, and promoted cost reduction and efficiency gains through refined management, thereby enhancing the company’s overall economic performance.

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