The net profit of Sanhe Pipe Pile in the first quarter was 21.92 million yuan, down 36.7% year on year.

On April 28, Sanhe Pipe Pile (003037) announced the first quarterly report of 2026, the company's operating income was 1.31 billion yuan, down 6.2% year-on-year; the net profit attributable to parent company was 21.92 million yuan, down 36.7% year-on-year; the net profit deducted from non-parent company was 14.75 million yuan, down 44.1% year-on-year; Net operating cash flow was RMB-265 million, representing a year-on-year decrease of 102.1%; EPS (fully diluted) was RMB0.0366.

As of the end of the first quarter, the total assets of the Company amounted to RMB6.905 billion, representing a decrease of 0.3% as compared with the end of the previous year; the net assets attributable to the parent company amounted to RMB2.793 billion, representing an increase of 0.8% as compared with the end of the previous year. The

company's report released in the first quarter of 2026 shows that its business covers the production and sale of pipe piles, mainly providing infrastructure construction materials for the construction industry. The company is committed to improving product quality and service level to meet market demand. In terms of

shareholder structure, Guangdong Sanhe Building Materials Group Co., Ltd. holds 51.05% of the shares and is the controlling shareholder. As at the end of the reporting period, the total number of ordinary shareholders of the Company was 31435.