Zhongwei New Materials: It is expected that the net profit in the first quarter of 2026 will increase by 72.32%-91.82% year-on-year.

Zhongwei New Materials announced that it is expected to achieve a net profit of 5.3-5.9 billion yuan in the first quarter of 2026, a year-on-year increase of 72.32%-91.82%. During the reporting period, benefiting from the rapid development of the global new energy market and the company's leading position in the field of battery materials, the company's nickel-based, cobalt-based, phosphorus-based, and sodium-based battery material products collectively sold nearly 130,000 tons. The overall performance of the battery material business is strong, supporting the steady growth of the company's operating profit. At the same time, the company's integrated competitive advantage of "resource + material" in the nickel product field continues to be evident, combined with the rising prices of nickel ore and nickel products. The profitability of the company's nickel ore mining and nickel smelting processes steadily increases, further driving the continuous growth of the company's overall profits.