Changes in Hong Kong stocks | Liqin Resources (02245) rose nearly 7%, and the full production of the Obi project will drive a steady increase in profitability and will announce interim results this Thursday

The Zhitong Finance App learned that Liqin Resources (02245) rose nearly 7%. As of press release, it had risen 6.58% to HK$17.82, with a turnover of HK$56.179 million.

According to the news, recently, Liqin Resources announced that the entire production line of the KPS project of the second phase of the company's RKEF project has reached full production. The KPS project has reached full production, indicating that the entire production line of the company's Obi project has officially entered the full production operation stage, and now has and steadily achieved large-scale production capacity of 400,000 metal tons of nickel per year. With the full implementation of the Obi project, the company's overall economies of scale were further released, laying a solid foundation for the company to further reduce costs and increase efficiency, optimize resource allocation, and enhance core competitiveness, which will strongly promote the steady increase in the company's profitability and industry influence.

It is important to note that Liqin Resources will disclose its interim results on August 27. Earlier, the company released a Yingxi forecast that from January to May 2026, benefiting from the successive commissioning of KPS production lines and further increases in product sales prices, the company's business scale continued to grow. The company estimates that for the six months ended June 30, 2026, the company is expected to obtain operating income of about RMB 24.50 billion to RMB 27.0 billion, an increase of about 35.0% to 48.8% over the previous year; net profit attributable to the owners of the parent company is expected to be around RMB 2.25 billion to RMB 2.5 billion, an increase of about 57.3% to 74.8% year on year.