JL Mag Rare-Earth (06680) is pleased to announce that it is expected to achieve a consolidated net profit attributable to the owners of the company of 400 million to 460 million yuan in the first half of the year, representing a year-on-year increase of 31.17% to 50.84%.

Jl Mag Rare-Earth (06680) announced that the company expects the net profit attributable to shareholders of the listed company in the first half of 2026 (January 1, 2026 to June 30, 2026) to be approximately RMB 400 million to 460 million, a year-on-year increase of 31.17-50.84%. In the first half of 2026, the company's management adhered to the annual business policy of "adhering to law and compliance, customer-oriented, focusing on the magnetic materials industry, timely building a new capacity of 20,000 tons, actively deploying Siasun Robot & Automation motor rotors, and reaching new heights", through measures such as technological innovation, organizational optimization, digital construction, lean management, etc., to ensure the delivery to customers in accordance with contracts and achieve steady development in the company's business performance. The company continues to consolidate its dominant position in the field of new energy and energy conservation and environmental protection, actively exploring emerging markets, with operating income expected to increase by about 30% year-on-year. Among them, in the field of new energy vehicles and automotive parts, operating income is expected to increase by about 30%; in the field of Siasun Robot & Automation and industrial servo motors, operating income is expected to increase by about 90%, and the Siasun Robot & Automation motor rotor products have been delivered in small quantities. During the reporting period, it is estimated that the impact of non-recurring gains or losses on net profit is approximately RMB 32 million, while the non-recurring gains or losses (after tax) in the same period last year were RMB 70.94 million. During this reporting period, the issuance of A-share and H-share equity incentives, as well as the issuance of H-share convertible bonds, resulted in total expenses of approximately RMB 121 million related to share-based payments and financial expenses, with no such expenses in the same period last year.