Demingli (001309.SZ) has revealed that it expects to report a net profit ranging from RMB 3.15 billion to RMB 3.65 billion for the first quarter of 2026, marking a significant turnaround from a year-on-year loss. This forecast represents a stark contrast to the RMB 69.0877 million loss incurred during the same period last year. Throughout the reporting period, the company experienced an upswing in industry prosperity, coupled with a sustained increase in storage prices. Leveraging its ample strategic reserves of raw materials, which were accumulated in the early stages, Demingli has notably enhanced its profitability, leading to a substantial boost in its overall profit levels.
