According to Chinatungsten Hi-Tech's announcement, net profit for the first half of 2026 is expected to be 1.97 billion yuan to 2.17 billion yuan, an increase of 261%-298% over the previous year. Net profit after deducting non-recurring profit and loss is estimated to be 1,955 billion yuan to 2.55 billion yuan, an increase of 304%-345% over the previous year. The main reason is that during the reporting period, the average price of tungsten concentrate rose year-on-year, and the company's profits of tungsten concentrate and powder products increased significantly; at the same time, the company gave full play to the cost advantages of the entire industry chain to effectively guarantee the stable supply of raw materials at the processing end, the efficiency of downstream alloy products increased steadily, and the upstream and downstream business achieved synergy. 2 Seize the rapid development opportunities of the industry, focus on market expansion of high-value-added products, and continuously optimize the product structure. Orders for products such as PCB micro drills and high-end tools have increased significantly, leading to an increase in profitability. The 3 companies adhere to the lean management orientation, increase market development efforts, continuously optimize operation management, accelerate the transformation of R&D results, steadily release new production capacity, and continue to increase the company's overall profitability.

According to Chinatungsten Hi-Tech's announcement, net profit for the first half of 2026 is expected to be 1.97 billion yuan to 2.17 billion yuan, an increase of 261%-298% over the previous year. Net profit after deducting non-recurring profit and loss is estimated to be 1,955 billion yuan to 2.55 billion yuan, an increase of 304%-345% over the previous year. The main reason is that during the reporting period, the average price of tungsten concentrate rose year-on-year, and the company's profits of tungsten concentrate and powder products increased significantly; at the same time, the company gave full play to the cost advantages of the entire industry chain to effectively guarantee the stable supply of raw materials at the processing end, the efficiency of downstream alloy products increased steadily, and the upstream and downstream business achieved synergy. 2 Seize the rapid development opportunities of the industry, focus on market expansion of high-value-added products, and continuously optimize the product structure. Orders for products such as PCB micro drills and high-end tools have increased significantly, leading to an increase in profitability. The 3 companies adhere to the lean management orientation, increase market development efforts, continuously optimize operation management, accelerate the transformation of R&D results, steadily release new production capacity, and continue to increase the company's overall profitability.