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Xinyi Technology: Expected Net Profit Growth of 77.56%-102.93% in H1 2026

On July 19, Xinyi Technology (300502.SZ) announced that it expects the net profit attributable to shareholders of the listed company for the first half of 2026 to be between 7.0 billion and 8.0 billion yuan, representing a year-on-year increase of 77.56%-102.93%. The performance change is mainly attributed to the continuous growth in investment related to artificial intelligence computing power, optimization of product structure, and a significant increase in sales revenue and net profit compared to the same period last year. Based on the Q1 net profit of 2.78 billion yuan, the expected net profit for Q2 is between 4.22 billion and 5.22 billion yuan, indicating a quarter-on-quarter growth of 51%-87%.

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