Zhenyu Technology: Net Profit Expected to Rise 57.79%-69.93% YoY in First Three Quarters of 2026

36Kr reports that Zhenyu Technology announced an expected net profit attributable to shareholders for the first three quarters of 2026 between 650 million and 700 million yuan, representing a year-on-year increase of 57.79%-69.93%. The change in performance is primarily driven by sustained rapid growth in demand for downstream lithium batteries, particularly energy storage batteries, boosting main business revenue; new production capacity for motor cores coming online gradually with improved utilization rates and evident economies of scale; and the company's refined management reducing costs and increasing efficiency to enhance overall economic benefits.