Minmetals Xinneng (688779.SH) made a pre-profit. Net profit is expected to return to mother for half a year of 340 million yuan to 400 million yuan, turning a year-on-year loss into a profit

According to Zhitong Finance App News, Minmetals Xinneng (688779.SH) released its 2026 semi-annual performance forecast. The company expects to achieve net profit of 340 million yuan to 400 million yuan in the semi-annual period of 2026, turning a year-on-year loss into a profit. Net profit attributable to the owner of the parent company after deducting non-recurring profit and loss is expected to be between RMB 330 million and RMB 390 million for the first half year of 2026.

In the first half of 2026, the NEV and energy storage industries maintained a rapid development trend. The company grasped the development opportunities of the industry 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.