Jifeng Co., Ltd. (603997.SH) posted an advance increase. Net profit due to mother is expected to be 332 million yuan to 398 million yuan for the semi-year, an increase of 115.78% to 158.67% over the previous year

According to Zhitong Finance App News, Jifeng Co., Ltd. (603997.SH) announced that the company expects to achieve net profit attributable to owners of the parent company in the first half of 2026 of 332 million yuan to 398 million yuan, an increase of 115.78% to 158.67% over the previous year.

In the first half of 2026, the company's passenger car seat business achieved mass production with in-hand orders. The estimated revenue was over 4 billion yuan, an increase of more than 100% over the previous year. As the scale of the passenger car seat business continues to expand, the scale effect continues to show. Combined with the continuous advancement of cost reduction measures, the profitability of the passenger car seat business has increased significantly. The company expects the passenger car seat business to turn a loss into a profit compared to the same period last year.