Xike Materials (600255) announced the company expected Q1 2026 net profit attributable to the parent company to be 15 million yuan to 18 million yuan, up 67.93% to 101.52% YoY.During the reporting period, the company continued to adjust its product mix and increase sales of high-value-added products. Meanwhile, it strengthened inventory turnover and production scheduling, maintaining good control over metal content for turnover purposes, which effectively expanded profit margins and drove a notable YoY increase in the operating performance of its major subsidiary.

On April 1, SAIC released its 2025 annual report, reporting operating revenue of 646.152 billion yuan, up 5.22% YoY; net profit attributable to shareholders of the publicly listed firm was 10.106 billion yuan, up 506.45% YoY. The company proposed a cash dividend of 2.66 yuan (tax included) for every 10 shares, totaling 3.039 billion yuan, with no conversion of capital reserves into share capital for this period.

On March 28, BYD released its 2025 annual report. According to the report, the company achieved operating revenue of 803.965 billion yuan in 2025, a year-on-year increase of 3.46%; and net profit attributable to shareholders of the listed company of 32.619 billion yuan, a year-on-year decrease of 18.97%. As of the end of the year, its total assets reached 883.730 billion yuan, an increase of 12.81% year-on-year; net assets attributable to shareholders of the listed company stood at 246.274 billion yuan, up 32.94% from the end of the previous year, with its overall asset strength steadily consolidated. In terms of energy storage business, its global energy storage system shipments exceeded 60GWh in 2025, ranking first among global energy storage system manufacturers.

On March 30, Jiangsu Ninghu Expressway Co., Ltd. released its 2026 financial report. According to the data, the company achieved operating revenue of approximately 20.289 billion yuan in 2025, a year-on-year decrease of 12.54%; net profit attributable to shareholders of the listed company was approximately 4.594 billion yuan, a year-on-year decrease of 7.13%; net profit after deducting non-recurring gains and losses was approximately 4.468 billion yuan, a year-on-year decrease of 8.45%. In terms of energy storage projects, a heavy-duty truck battery swap project was put into operation at the Xianrenshan service area, with one battery swap station deployed on each side, each station having an energy storage capacity of not less than 1.2 MWh.

On March 30, Beijing Easpring Material Technology Co., Ltd. released its 2025 annual report. During the reporting period, the company achieved operating revenue of 103.742 billion yuan, a year-on-year increase of 36.63%; net profit attributable to shareholders of the listed company was 6.323 billion yuan, a year-on-year increase of 34.02%. Its high-nickel multi-element materials for all-solid-state batteries can meet the demand for battery energy densities exceeding 400Wh/kg, while its lithium-rich manganese-based materials can meet the demand for 500Wh/kg batteries. Related products have achieved batch supply at levels exceeding 20 tons, and its solid-state electrolyte products have entered the batch verification stage with leading customers.

On the evening of March 30, Wuxi Lead Intelligent Equipment Co., Ltd. released its 2025 annual report. During the reporting period, the company achieved operating revenue of 14.443 billion yuan, a year-on-year increase of 21.83%; net profit attributable to shareholders of the listed company was 1.564 billion yuan, a year-on-year increase of 446.58%; net profit after deducting non-recurring gains and losses increased by 330.00% year-on-year. Revenue from lithium battery intelligent equipment reached 9.471 billion yuan, accounting for 65.57% of operating revenue, a year-on-year increase of 23.18%; revenue from 3C intelligent equipment was 607 million yuan, a year-on-year decrease of 11.92%, accounting for 4.20% of operating revenue.

Zhong Ke San Huan released its 2025 annual report. During the reporting period, in the face of a complex and ever-changing external environment and increasingly intense industry competition, the company proactively adopted effective measures such as cost reduction and efficiency improvement, achieving leapfrog growth in operating performance. Full-year operating revenue was 6.641 billion yuan, and net profit attributable to shareholders of the parent company was 91.3186 million yuan, up 660.50% YoY

On March 20, China Rare Earth Resources and Technology Co., Ltd. (600259.SH) issued an announcement stating that the company recorded operating revenue of 5.82 billion yuan in 2025, down 53.80% YoY; net profit attributable to shareholders of the publicly listed firm was 127 million yuan, turning from loss to profit YoY, compared with a net loss of 299 million yuan in the same period of the previous year; net profit attributable to the parent after deducting non-recurring gains and losses was 159 million yuan, improving significantly YoY.

PT Dian Swastatika Sentosa Tbk (DSSA), the Sinar Mas Group’s coal mining flagship, recorded a 2025 net profit of USD 230.54 million, a 25.4% year-on-year drop. This decline mirrors a 7.5% contraction in operating revenue to USD 2.79 billion, primarily driven by a 10.3% slump in the coal mining and trading segment. Despite a significant elevenfold surge in foreign exchange gains to USD 71.3 million and a 29% rise in interest income, these non-operating boosts were insufficient to offset rising costs of goods sold and the broader downturn in core coal operations.

Leading rare earth permanent magnet producer Zhong Ke San Huan (000970.SZ) released its 2025 annual report, posting full-year operating revenue of 6.641 billion yuan and net profit attributable to shareholders of the parent of 91.3186 million yuan, up 660.50% YoY; net profit excluding non-recurring gains and losses was 60.6065 million yuan, up 451.03% YoY. The sharp growth in performance was mainly attributable to cost reduction and efficiency improvement, increased foreign exchange gains, and a substantial decline in asset impairment losses. During the reporting period, the share of revenue from the Chinese market rose to 50.55%, and the company completed 100% concentrated procurement of rare earth raw materials.