HK Stock Market Move | Jl Mag Rare-Earth (06680) rose over 4% after results; net profit attributable to shareholders for the first three quarters increased 47.48% year-on-year; revenue from Siasun Robot&Automation-related products continued to rise.

Jl Mag Rare-Earth (06680) rose over 4% after its results; as of press time, it was up 3.61% at HK$14.64, with turnover of HK$7.8392 million. On the news front, on October 27, Jl Mag Rare-Earth issued an announcement 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 into 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 comprehensive 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 from 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. In addition, the company's embodied Siasun Robot&Automation motor rotor module products have reached micron-level processing precision and have obtained project designation from a world-renowned technology company, and are currently in the stage of ramping up volume according to customer orders.