Wuhan Guide Infrared (002414) investor relations material

Executive summary

• Revenue for the first half of 2026 reached ¥4.22 billion, up 117.94% year-over-year, with net profit attributable to shareholders at ¥1.35 billion, a 646.81% increase year-over-year.

• Major growth drivers included resumed defense orders, robust delivery of complete system projects, and continued expansion in civil infrared chip applications.

• The company maintained its leading position in both cooled and uncooled infrared detector production, with significant advances in R&D and manufacturing automation.

Financial highlights

• Operating income: ¥4,215,505,171.94, up 117.94% year-over-year.

• Net profit attributable to shareholders: ¥1,351,196,450.09, up 646.81% year-over-year.

• Gross margin for main business: 53.81%.

• Basic and diluted EPS: ¥0.3164, up 646.23% year-over-year.

• Net cash flow from operating activities: -¥67,503,738.78, down from ¥10,626,704.26 last year.

• Total assets at period end: ¥11,670,676,469.48, up 6.83% from year-end 2025.

• Net assets attributable to shareholders: ¥8,396,223,199.27, up 19.24% from year-end 2025.

Outlook and guidance

• The company expects continued growth in both defense and civil markets, with a strategic focus on expanding complete system deliveries and international business.

• Ongoing investment in R&D, smart manufacturing, and global marketing is planned to sustain innovation and market leadership.