[Jiayuan Technology: Net profit is expected to increase by 1197%-1319% year-on-year in the first three quarters of 2026] On October 14, Jiayuan Technology (688388.SH) announced that the net profit attributable to the owners of the parent company in the first three quarters of 2026 is expected to be 530 million yuan-580 million yuan, a year-on-year increase of 1197%-1319%. During the reporting period, the prosperity of the downstream industry continued to rise, driving the steady growth of copper foil market demand. The company actively seized market opportunities and achieved significant growth in the production and sales of copper foil products with high-quality products and deep customer accumulation. It increased production capacity through production capacity construction and technological transformation, and promoted the company's capacity utilization rate to increase year-on-year, reducing unit production costs, thereby achieving an increase in profits. At the same time, the company continues to optimize its product structure, increase the sales proportion of high value-added products, and continue to improve the company's profitability. In addition, the company always adheres to the concept of technological innovation, continues to optimize production processes, effectively improves product quality, and deepens cost reduction and efficiency improvement, which has a positive impact on the company's net profit. During the reporting period, the company's non-recurring profits and losses increased significantly compared with the same period last year, mainly due to the increase in the company's gains from changes in fair value and investment income. Xiaocai Note: The company’s Q3 net profit is expected to be 148 million to 198 million, and Q2 net profit is 262 million. Based on this calculation, Q3 net profit is expected to decrease by 24% to 43% month-on-month.