Key Highlights 

Q1 2026: Revenue of RMB 674 million (up 19.66% YoY); net profit attributable to shareholders of the listed company of RMB 21.1273 million (up 560.40% YoY), with a sound operating trend.

Full Year 2025: Revenue of RMB 2.499 billion (up 16.93% YoY); net profit attributable to shareholders of the listed company of RMB 14.3527 million (up 14.69% YoY), achieving dual growth in revenue and profit.

Overseas Business: 2025 overseas revenue of USD 123 million (up 21.78% YoY), accounting for 34.38% of total revenue; the manufacturing base in Texas, USA officially put into operation.

Strategic Focus: Steadily implementing the dual-wheel drive strategy of "innovation and overseas expansion", optimizing business structure and enhancing core profitability.

Steady Growth in Performance, Significant Improvement in Profitability

In the first quarter of 2026, Kingsign delivered an outstanding performance: operating revenue reached RMB 674 million, a year-on-year increase of 19.66%; net profit attributable to shareholders of the listed company hit RMB 21.1273 million, surging 560.40% year-on-year. Core businesses expanded steadily and the overall operating momentum remained positive. This achievement stems from the company's firm implementation of the dual-wheel drive strategy of "innovation and overseas expansion", as well as the optimization of internal business structure to comprehensively enhance core profitability and consolidate the fundamental business foundation.

Looking back to 2025, the company's operating scale rose steadily with operating revenue reaching RMB 2.499 billion, a 16.93% year-on-year growth. Profitability also improved synchronously, with net profit attributable to shareholders of the listed company standing at RMB 14.3527 million, up 14.69% year-on-year. The dual growth of revenue and net profit fully demonstrates the company's core operational resilience and sustainable development capacity.

Accelerated Overseas Layout, Effective Implementation of Global Strategy

Guided by the global development strategy, Kingsign has continuously deepened the forward-looking overseas strategic layout, improved the international business system and global footprint, and steadily enhanced global operation capabilities and core competitiveness in the international market. At present, the company's overseas business has fully covered key countries and regions including Europe, the United States, Brazil and Southeast Asia, and overseas revenue has maintained steady growth for three consecutive years.

In 2025, the company's overseas revenue reached USD 123 million, accounting for 34.38% of total revenue, a 21.78% year-on-year increase from USD 101 million in the previous year. The high-quality growth of overseas business has not only further optimized the company's overall revenue structure and effectively diversified operational risks in a single regional market, but also injected strong momentum into the company's long-term sustainable development.

Notably, in December 2025, the company's manufacturing base in Bonham, Texas, USA was officially completed and put into operation. As an important geographical extension of the company's overseas production capacity, this base is a core landmark project for the in-depth implementation of globalization and the promotion of the dual-wheel drive strategy of "innovation and overseas expansion". Meanwhile, the company has built a production line specializing in MPO/MTP components and optoelectronic composite cables in Thailand, providing core components for high-speed data center networks to further meet global data center customers' demand for high-speed and high-density connectivity solutions. In the future, the company will continue to leverage its brand reputation, channel resources and strategic layout advantages accumulated through years of overseas development, further expand into overseas high-margin product segments, optimize the overseas product portfolio, and foster new growth drivers.

Addressing Challenges, Strengthening Risk Management and Structural Optimization

In Q1 2026, affected by multiple factors such as exchange rate fluctuations and copper futures price volatility, the company's foreign exchange gains and losses and copper futures business income decreased by RMB 21.0054 million year-on-year, causing certain disturbances to the periodic operating profit. In response, the company will continue to adopt risk management tools such as hedging and foreign exchange derivatives to effectively lock in production and operation costs, mitigate operational risks from exchange rate fluctuations, stabilize product profit margins, and further enhance sustainable profitability and comprehensive core competitiveness.

Looking Ahead, Steadily Advancing the Dual-Wheel Drive Strategy

Standing at a new development starting point, Kingsign will continue to firmly advance the dual-wheel drive strategy of "innovation and overseas expansion". Taking the operation of the US manufacturing base as an opportunity, the company will further expand overseas high-margin product markets and enhance global competitiveness. Meanwhile, it will divest, shut down, merge or restructure non-core and non-competitive businesses to focus on core operations. The company will also increase R&D investment in innovative sectors such as high-speed components, integrated board-line products and core networks, optimize the product mix and improve profit quality, striving to create greater value for shareholders, provide better development platforms for employees, and contribute Kingsign's strength to the development of the industry.