Dalian Insulator Group (002606.SZ) announced that the net income for the first half of the year is expected to be between 68 million and 85 million yuan, an increase of 86.65% - 133.31% compared to the same period last year. Non-recurring net income is between 52 million and 67.5 million yuan, an increase of 105.42% - 166.64% compared to the same period last year.

In 2023, the company contracted ultra-high-voltage project orders exceeding 700 million yuan, mainly concentrated in the second half of the year. In 2024, it will enter the order-intensive delivery and settlement period. With the acceleration of the layout of the intelligent power grid and the acceleration of energy green and low-carbon transformation, the ultra-high-voltage engineering has also entered a large-scale concentrated construction stage. According to the overall progress requirements of the ultra-high-voltage project, the company completed the partial supply and acceptance work of multiple ultra-high-voltage line projects during the reporting period, and the key projects include "Longdong-Shandong", "jinshang-Hubei", "Ningxia-Hunan", and "Hami-Chongqing". With the continuous conversion of orders in hand, the sales proportion of high-grade and high-value-added products has been increasing, so the operating income and profits in the reporting period have increased compared with the same period last year.

The first phase of the company's Jiangxi factory has been put into production and operation in May 2023. The factory relies on a research and development team from famous universities and is designed according to advanced production concepts. The production line has industry-leading automation and intelligence, making it the most intelligent porcelain insulator manufacturing plant in China. With the increasing improvement of equipment and personnel over the past year, the production capacity of the Jiangxi factory has steadily increased, orders have gradually increased, and production capacity has been released one after another, making positive contributions to the company's performance. As of now, the company's product orders are sufficient, and production and operation are carried out in an orderly manner.