Jiangsu Lopal Tech. Group Co., Ltd. (Lopal Tech) expects a sharp recovery in first-quarter 2026 results, driven by strong lithium iron phosphate (LFP) sales and expanded scale efficiencies.

Financial outlook for 1 January–31 March 2026 • Operating revenue is projected at RMB 3.30–3.60 billion, up 107.25%–126.09% year on year. • Total profit is forecast at RMB 280–330 million, reversing a loss of RMB 34.95 million in Q1 2025 and implying a YoY swing of 901.17%–1,044.24%. • Net profit attributable to shareholders is estimated at RMB 200–250 million, compared with a RMB 25.95 million loss a year earlier, representing growth of 870.75%–1,063.44%. • Net profit after deducting non-recurring items is expected at RMB 180–230 million, versus a RMB 53.69 million loss in Q1 2025, reflecting a YoY increase of 435.28%–528.42%.

Prior-year baseline For Q1 2025, Lopal Tech reported revenue of RMB 1.59 billion, total loss of RMB 34.95 million, and attributable net loss of RMB 25.95 million. Earnings per share stood at RMB –0.04.

Key performance drivers 1. LFP business: Higher downstream demand boosted both revenue and shipment volumes, enabling economies of scale and profit recovery. 2. Product and market initiatives: Continued product innovation, service upgrades, and process optimisation supported steady growth in domestic and overseas markets.

Management notes that the figures are preliminary, unaudited, and prepared under Chinese Accounting Standards. The formal Q1 2026 report will provide final audited results.