Bohui Co., Ltd. expects a significant turnaround to profit in the first quarter.

Source: Shanghai Securities Journal · China Securities Journal

Shanghai Securities Journal China Securities Journal News, April 1 evening, Bohui Co., Ltd. simultaneously disclosed its Q1 2026 performance forecast and 2025 annual earnings report. Based on the significant narrowing of losses throughout 2025, the company successfully turned a profit in Q1 2026. Coupled with the gradual implementation and effectiveness of new businesses such as liquid cooling, operations have shown a marked improvement, and the fundamentals continue to strengthen.

According to the Q1 performance forecast, from January 1 to March 31, 2026, Bohui Co. expects to achieve operating revenue of 900 million to 1 billion yuan, an increase of 68.03% to 86.70% year-on-year; net profit attributable to the parent company of 40 million to 50 million yuan, achieving a substantial turnaround from loss to profit; net profit after non-recurring gains and losses is also expected to shift from loss to profit, ranging from 60 million to 70 million yuan. The company stated that the significant growth in Q1 performance is mainly due to active market expansion and product structure optimization in the chemical business, ensuring stable and high production, with sales volume, revenue, and profit rising simultaneously. Meanwhile, the newly laid-out businesses have already become profitable, contributing new profit growth points to the overall performance.

Looking back at 2025, the company’s operations have shown clear signs of recovery, although profitability was not yet achieved, losses narrowed significantly. The earnings report shows that in 2025, the company achieved a total operating revenue of 2.82B yuan, up 23.52% year-on-year; net profit attributable to the parent was -58.88M yuan, a 80.81% reduction in losses; net profit after non-recurring gains and losses was -129 million yuan, a 58.00% decrease in losses. The company pointed out that in 2025, through optimizing equipment processes, adjusting product structures, expanding into international shipping fueling markets, and implementing multiple cost reduction and efficiency enhancement measures, profitability was effectively improved, ensuring stable production and operations. As of the end of 2025, the owners’ equity attributable to the listed company’s shareholders reached 755 million yuan, an increase of 88.80% year-on-year, with a continuously optimized financial structure, providing a solid foundation for subsequent steady operations and business expansion.

In recent institutional surveys, the company introduced that in the face of external environment changes such as raw material price fluctuations, it adheres to a prudent inventory management strategy. Currently, raw material inventory can support about two months of production needs, and product prices are adjusted in line with market trends, maintaining a stable overall operating model. Meanwhile, the company is seizing the industry opportunity of explosive growth in computing power demand, actively deploying in the liquid cooling industry, and has established a wholly-owned subsidiary, Wuxi Extreme Liquid Cooling, to build a professional team to promote intelligent computing services and related businesses. This forward-looking layout is steadily taking shape and is expected to become the company’s second growth curve. Additionally, the company’s 2025 issuance of shares to specific objects has completed the first round of review inquiry responses from the Shenzhen Stock Exchange, and related work is progressing in an orderly manner. (Shen Zhenzhou)