On April 29, Jin10 reported that Rongbai Technology announced its financial results for the first quarter of 2026. The company achieved an operating revenue of 3.781 billion yuan, marking a year-on-year increase of 27.58%. Additionally, the net profit attributable to shareholders of the listed company reached 11.6007 million yuan, reversing previous losses. According to Jin10, the change in performance was primarily due to the company's proactive inventory strategy amid expectations of rising prices for certain key raw materials, which enhanced its profitability.
