[Sinovel Precision: Net profit is expected to increase by 118%-147% year-on-year in the first three quarters and the overall product sales price will increase] On October 21, Huarui Precision (688059.SH) announced that it expected the net profit attributable to the owners of the parent company in the first three quarters of 2026 to be 300 million yuan-340 million yuan, a year-on-year increase of 118.27%-147.37%. The change in performance was mainly due to the company's price increase measures when the price of raw material tungsten carbide was high. The overall sales price of the product increased, which led to an increase in revenue scale and gross profit margin. At the same time, the company strengthened cost control, and the expense rate decreased during the period. Xiaocai Note: The company’s Q3 net profit is expected to be 62 million to 102 million, and Q2 net profit is 63 million. Based on this calculation, Q3 net profit is expected to change by 0% to 63% month-on-month.