Fortior Technology (Shenzhen) Co., Ltd. reported solid top- and bottom-line momentum for the three months ended 31 March 2026, driven by stronger demand across industrial, smart-home appliance, and sports & mobility segments.

Key earnings highlights • Revenue reached RMB 250.29 million, up 46.20% year on year. • Total profit rose 69.97% to RMB 91.14 million. • Net profit attributable to shareholders jumped 75.09% to RMB 88.27 million, while after-tax recurring earnings (excluding non-recurring items) advanced 89.42% to RMB 83.12 million. • Basic EPS increased to RMB 0.77 from RMB 0.55; diluted EPS climbed to RMB 0.77 from RMB 0.54. • Return on weighted average net assets softened to 1.72%, down 0.23 percentage point year on year, reflecting a larger equity base after capital increases.

Cost and margin trends Cost of operation rose 48.28% to RMB 120.59 million, broadly in line with topline expansion. The implied gross margin was 51.8%, fractionally higher than the prior-year period’s 52.5%. Operating expenses advanced 13.3% to RMB 61.10 million, with R&D outlays edging up 6.20% to RMB 37.26 million. As a share of revenue, R&D intensity declined to 14.89% from 20.49%, indicating improved operating leverage.

Cash flow and balance-sheet position Net operating cash inflow decreased 7.39% to RMB 51.78 million due to higher working-capital requirements. Despite this, cash and cash equivalents nearly doubled to RMB 677.11 million, supported by investment redemptions of RMB 1.72 billion during the quarter.

Total assets stood at RMB 5.32 billion, up 1.89% from year-end 2025, while total liabilities fell 18.72% to RMB 121.62 million. Consequently, the equity ratio improved to 97.7%, underscoring a low-leverage capital structure.

Non-recurring items Non-recurring gains contributed RMB 5.15 million, mainly fair-value gains on financial assets (RMB 5.49 million) and government grants (RMB 0.06 million), partially offset by minor asset-disposal losses.

Shareholder structure Fortior Technology (HK) Company Limited remained the largest shareholder with a 30.54% stake. The firm had 7,481 ordinary shareholders at quarter-end, and no preferred shares with restored voting rights.

Outlook statement Management attributed the earnings momentum to sustained investments in research and development alongside a broadened sales network that deepened penetration of downstream application scenarios. No forward-looking financial guidance was disclosed in the report.

The first-quarter figures are unaudited and prepared under China Accounting Standards for Business Enterprises.