Yeti Group announced that net profit attributable to shareholders of listed companies for the first half year of 2026 is 5.5 million yuan to 8 million yuan, down 70.26%-79.55% from 268.96 million yuan in the same period last year; net profit after deducting non-recurring profit and loss is 2 million yuan to profit of 500,000 yuan, a year-on-year decrease of 98.14% to 107.43%; basic earnings per share are 0.0071 yuan/share - 0.0103 yuan/share. The main reasons for the decline in performance: the overall gross margin of products declined due to increased competition in the domestic market and rising prices of some raw materials; the region's revenue and profits fell short of expectations due to geopolitical turmoil in the Middle East; exchange losses due to RMB appreciation; strategic adjustments to the subsidiary Jiayun's oil and gas business and insufficient capacity utilization in some natural gas liquefaction projects; increased equity incentive share payments; and continued investment in the hydrogen energy business. This performance forecast has not been audited.

Yeti Group announced that net profit attributable to shareholders of listed companies for the first half year of 2026 is 5.5 million yuan to 8 million yuan, down 70.26%-79.55% from 268.96 million yuan in the same period last year; net profit after deducting non-recurring profit and loss is 2 million yuan to profit of 500,000 yuan, a year-on-year decrease of 98.14% to 107.43%; basic earnings per share are 0.0071 yuan/share - 0.0103 yuan/share. The main reasons for the decline in performance: the overall gross margin of products declined due to increased competition in the domestic market and rising prices of some raw materials; the region's revenue and profits fell short of expectations due to geopolitical turmoil in the Middle East; exchange losses due to RMB appreciation; strategic adjustments to the subsidiary Jiayun's oil and gas business and insufficient capacity utilization in some natural gas liquefaction projects; increased equity incentive share payments; and continued investment in the hydrogen energy business. This performance forecast has not been audited.