Jl Mag Rare-Earth (06680) reported a net profit attributable to shareholders of RMB760 million for the first three quarters, up 47.48% year on year.

Jl Mag Rare-Earth (06680) announced that in the first three quarters of 2026, the company continued to consolidate its advantageous position in the new energy and energy-saving and environmental protection fields and actively expanded emerging markets. The company achieved operating revenue of RMB7.566 billion, up 40.81% year on year; net profit attributable to shareholders of the listed company of RMB760 million, up 47.48% year on year; and net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses of RMB684 million, up 58.93% year on year. The company's consolidated gross margin reached 21.57%, an increase of 2.08 percentage points from 19.49% in the same period last year. In the first three quarters of 2026, the company achieved sales revenue of RMB3.752 billion in the new energy vehicles and auto parts segment, up 43.44% year on year. Benefiting from the continued release of market demand for Siasun Robot&Automation, the company's revenue from related products continued to increase, with sales revenue in the Siasun Robot&Automation and industrial servo motor segment reaching RMB428 million, up 101.77% year on year. The company's embodied Siasun Robot&Automation motor rotor module products have achieved micron-level processing precision and have obtained project designations from world-renowned technology companies. They are currently in the ramp-up phase of volume production according to customer orders. In addition, the company's independently developed key technologies such as heavy-rare-earth-free magnetic materials and a new generation of segmented adhesives are at the industry-leading level and have obtained project designations and large-volume orders from a number of well-known customers. The company's technical strength and large-scale mass production capability have been highly recognized by customers.