Minmetals Xinneng announced that it is expected to achieve net profit of 340 million yuan to 400 million yuan in the semi-annual year of 2026. Compared with the same period last year, it will turn a loss into a profit. In the first half of 2026, the NEV and energy storage industries maintained a rapid development trend. The company grasped industry opportunities and collaborated in the three major fields of power battery materials, energy storage materials, and consumer electronics materials, and achieved a significant year-on-year increase in product sales. At the same time, the company continues to promote technical iteration and process optimization of core materials, ensure a stable supply of raw materials, and further enhance product delivery capabilities. Benefiting from the release of scale effects and improvements in internal operating efficiency, the profitability of the main business has increased markedly, and total profit has grown steadily.

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