Kelu Electronics announced that in the first half of 2026, net profit attributable to shareholders of listed companies is expected to lose 180 million yuan to 260 million yuan, with a profit of 190 million yuan for the same period last year, a year-on-year decrease of 194.70%-236.78%. After deducting non-net profit, the loss was 190 million yuan to 270 million yuan, a year-on-year decrease of 231.99%-287.57%. Revenue was 2.1 billion yuan to 2.3 billion yuan, a year-on-year decrease of about 10.6%-18.4%. Reasons for changes in performance: Delivery of some overseas energy storage projects was delayed due to site selection changes, and revenue declined year-on-year; gross margin declined due to increased industry competition and rising prices of raw materials such as lithium iron phosphate batteries; exchange losses due to falling exchange rates of the US dollar and Egyptian pound; depreciation of about 25 million yuan from the sale of some assets in Guangming Smart Energy Industrial Park; the vehicle power grid operation of participating subsidiaries is under pressure. It is proposed to plan long-term equity investment impairment preparations for their shares.

Kelu Electronics announced that in the first half of 2026, net profit attributable to shareholders of listed companies is expected to lose 180 million yuan to 260 million yuan, with a profit of 190 million yuan for the same period last year, a year-on-year decrease of 194.70%-236.78%. After deducting non-net profit, the loss was 190 million yuan to 270 million yuan, a year-on-year decrease of 231.99%-287.57%. Revenue was 2.1 billion yuan to 2.3 billion yuan, a year-on-year decrease of about 10.6%-18.4%. Reasons for changes in performance: Delivery of some overseas energy storage projects was delayed due to site selection changes, and revenue declined year-on-year; gross margin declined due to increased industry competition and rising prices of raw materials such as lithium iron phosphate batteries; exchange losses due to falling exchange rates of the US dollar and Egyptian pound; depreciation of about 25 million yuan from the sale of some assets in Guangming Smart Energy Industrial Park; the vehicle power grid operation of participating subsidiaries is under pressure. It is proposed to plan long-term equity investment impairment preparations for their shares.