Litong Electronics (603629.SH) issued an advance increase. Net profit due to mother is expected to be 650 million yuan to 750 million yuan for the half year, an increase of 1172.53% to 1368.31% over the previous year

Zhitong Finance App News, Litong Electronics (603629.SH) announced that the company expects to achieve net profit attributable to shareholders of listed companies in the first half year of 2026 of 650 million yuan to 750 million yuan, an increase of 1172.53% to 1368.31% over the previous year.

In the first half of 2026, the company's revenue from various computing power businesses continued to grow. Among them, the computing power distribution business grew significantly. The sharp increase in revenue and profit in the computing power business is the main reason for the year-on-year advance increase in operating performance. The precision metal structural parts business continues to optimize business process control, improve production efficiency, and sector losses continue to narrow. Combined income from changes in fair value of equity investment and income from equity disposal increased sharply year-on-year, which jointly contributed to the year-on-year increase in the company's operating performance.