Youyan New Materials: Net profit in the first quarter was 67.3847 million yuan, an increase of 14698.12% year-on-year.

On the evening of April 29th, Youyan New Materials released its first quarter report for 2025. The revenue for the first quarter was 1.84 billion yuan, a decrease of 18.67% year-on-year; the net profit was 67.3847 million yuan, an increase of 14698.12% year-on-year. The main reason for the increase in net profit was the increase in net profit of subsidiary Youyan Yijin and holding subsidiary Youyan Rare Earth. Among them, the net profit attributable to shareholders of the listed company of Youyan Yijin increased by 67% year-on-year; the net profit attributable to shareholders of the listed company of Youyan Rare Earth decreased by 64% year-on-year.