HK Stock Market Move | Jiangsu Lopal Tech. Group (02465) rises over 3%, turns a profit in the first three quarters; average selling price of lithium iron phosphate cathode materials up 50.10% year-on-year.

Jiangsu Lopal Tech. Group (02465) rose over 3% in morning trading, up 3.63% as of press time at HK$6.68, with turnover of HK$11.3187 million. On the news front, on October 30, Jiangsu Lopal Tech. Group announced that for the first three quarters of 2026, operating revenue was RMB12.275 billion, up 110.72% year-on-year; net profit attributable to shareholders of the listed company was RMB506 million, compared with a loss of RMB110 million in the same period last year; basic earnings per share were RMB0.70. On the same day, Jiangsu Lopal Tech. Group announced that in the first three quarters of 2026, the average selling price of the company's main product, automotive environmentally friendly fine chemicals, increased 8.80% year-on-year; the average selling price of lithium iron phosphate cathode materials increased 50.10% year-on-year. On the procurement side, in the first three quarters of 2026, the average procurement price of lithium carbonate increased by RMB65,991.08/tonne year-on-year, up 103.49%; the average procurement price of iron phosphate increased by RMB2,803.93/tonne year-on-year, up 33.19%.