German Union Group announced on the evening of October 15 that it expects to achieve net profit of 77.1672 million yuan to 87.4562 million yuan in the first three quarters, an increase of 50% to 70% over the previous year. During the reporting period, the company continued to optimize the product structure, adjust some products with low gross margin, reduce the sales scale of corresponding products, and raise the overall gross margin level of the products; in addition, raw material prices for some of the company's businesses declined year-on-year.

German Union Group announced on the evening of October 15 that it expects to achieve net profit of 77.1672 million yuan to 87.4562 million yuan in the first three quarters, an increase of 50% to 70% over the previous year. During the reporting period, the company continued to optimize the product structure, adjust some products with low gross margin, reduce the sales scale of corresponding products, and raise the overall gross margin level of the products; in addition, raw material prices for some of the company's businesses declined year-on-year.