Tengyuan Cobalt Industry: Net profit of 1.11 billion yuan in 2025, a year-on-year increase of 62.11%

Tengyuan Cobalt Industry releases its performance report, achieving a total operating income of 8.34 billion yuan in 2025, a year-on-year increase of 27.47%; net profit of 1.111 billion yuan, a year-on-year increase of 62.11%. The main reasons for the company's performance growth during the reporting period are: first, the gradual release of capacity of the investment projects, which has driven the company's cobalt, lithium products, and total metal output to achieve year-on-year growth, further demonstrating economies of scale; second, the company continues to promote lean management reforms, fully implementing cost reduction and efficiency improvement measures, enhancing operational efficiency by strictly controlling costs and expenses, and strengthening overall profitability; third, the continuous improvement of the secondary resource recycling system, the proportion of recycled materials in the raw material structure continues to increase, and the resilience of the supply chain and self-sufficiency of raw materials have been effectively enhanced; fourth, benefiting from the year-on-year increase in the prices of cobalt, copper, and other metals, the company's product profitability has significantly increased.