Recurring losses: Net loss of 11.5742 million yuan in the first quarter of 2026.

Heinuo Energy announced that its operating income in the first quarter of 2026 was 1.679 billion yuan, a year-on-year decrease of 25.05%. The net loss was 11.5742 million yuan, compared with a net profit of 28.1618 million yuan in the same period last year.