[Xianglu Tungsten Industry: Net profit increased by 2522% year-on-year in the first half of 2026] On August 28, Xianglu Tungsten Industry (002842.SZ) announced that the company released its 2026 semi-annual report and achieved operating income of 2.633 billion yuan, a year-on-year increase of 182.85%; net profit attributable to shareholders of listed companies was 482 million yuan, a year-on-year increase of 2522.4%. The performance growth is mainly due to the revenue growth of the main products benefiting from the increase in tungsten prices, and the transmission of rising raw material prices to downstream products is relatively smooth. The company plans not to distribute cash dividends, give away bonus shares, or convert public reserve funds into share capital in the first half of the year. Xiaocai Note: The company’s Q2 net profit was 232 million. The previous forecast range was 199 million-399 million. Q1 net profit was 251 million. Based on this calculation, Q2 net profit dropped 7% from the previous quarter.