Liande Co., Ltd.: Currently, the company's gas turbine business has only achieved small-batch deliveries, with limited impact on the company's performance.

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Gelonghui February 26 — LianDe Co., Ltd. announced that from January 5, 2026, to February 26, 2026, the company’s stock price increased by 97.51%, while the general equipment industry index increased by 12.99%. The company’s stock price has risen sharply in the short term and has deviated from the Shanghai Composite Index and the general equipment industry index during the same period. The company has noted that market attention to its gas turbine business is currently high. According to self-assessment, the company’s operating income for the first three quarters of 2025 was 930 million yuan, with gas turbine component revenue of approximately 4 to 5 million yuan, accounting for less than 1% of total revenue. Currently, the company’s gas turbine business only supplies small batches, with limited impact on performance. Investors are advised to be aware of investment risks.

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