Zhongtung High-Tech: It is expected that the net profit in the first quarter of 2026 will be between 900 million yuan and 950 million yuan.

Zhongwu High-tech announced that it is expected to achieve a net profit of 900 million to 950 million yuan in the first quarter of 2026, an increase of 256% to 276% compared to the same period last year. The performance growth is mainly due to tight supply in the tungsten raw material market and strong downstream demand. The price of tungsten raw materials has risen significantly, sales volume has also increased, the company has achieved price transmission, coupled with the increase in demand in the engineering machinery and high-end manufacturing downstream industries, steady growth in orders for hard alloy products, and strong demand in the PCB cutting tool market. The product structure continues to be optimized, achieving a simultaneous increase in volume and price.