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Youfa Group announced that from January to September 2026, it achieved operating income of 39.079 billion yuan, net profit to mother of 197 million yuan, and net cash flow from operating activities of 592 million yuan, an increase of 44.97% over the previous year. The changes in third-quarter results were mainly due to a year-on-year decline in product gross margin, and financial investments confirmed losses due to changes in fair value. The company has completed the acquisition of 53% of Longtedi's shares, which will be included in the consolidated report from September 1, 2026; Haiqianwei signed a contract for the Kazakh gas pipeline project in October 2026, making it the first overseas order worth 100 million US dollars. The company has formed a layout of 14 major production bases across the country, and is promoting overseas market expansion and production capacity layout in Southeast Asia and the Middle East.

Zhitongcaijing·11/06/2026 08:01:05
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Youfa Group announced that from January to September 2026, it achieved operating income of 39.079 billion yuan, net profit to mother of 197 million yuan, and net cash flow from operating activities of 592 million yuan, an increase of 44.97% over the previous year. The changes in third-quarter results were mainly due to a year-on-year decline in product gross margin, and financial investments confirmed losses due to changes in fair value. The company has completed the acquisition of 53% of Longtedi's shares, which will be included in the consolidated report from September 1, 2026; Haiqianwei signed a contract for the Kazakh gas pipeline project in October 2026, making it the first overseas order worth 100 million US dollars. The company has formed a layout of 14 major production bases across the country, and is promoting overseas market expansion and production capacity layout in Southeast Asia and the Middle East.