LYKL(SH:605086) Jing Ji Guan Cha Wang·2026-02-13 05:51Corporate Governance and Structure - The company has completed a shareholding structure adjustment, with the Longyan State-owned Assets Supervision and Administration Commission transferring 4.37% of shares to Zijin Nanto, resulting in the Investment Opening Group indirectly controlling 49.55% of shares. The supervisory board has been abolished, and 22 systems have been revised to enhance management efficiency and transparency. These reforms are set to take effect in January 2026, and their long-term impact will need continuous observation [2]. Business Development - The company has established a pilot line to research the technology for extracting lithium from the tailings of the ore processing plant, with ongoing optimization of low-grade lithium mica concentrate production. This business is a market focus, and a technological breakthrough could drive business diversification [3]. Financial Performance - The company's Q3 2025 report indicates an operating revenue of 206 million yuan, a year-on-year decrease of 11.23%. The net profit attributable to shareholders is 79.97 million yuan, down 16.94% year-on-year. Future performance will depend on the progress of the lithium extraction project and the realization of financial reports, with investors needing to pay attention to the 2026 quarterly financial reports to validate growth logic [4]. Capital Flow - On February 12, 2026, the company's stock price was reported at 37.61 yuan per share, with a net inflow of 2.7271 million yuan from main funds and a turnover rate of 0.44%. The capital flow reflects short-term market sentiment but should be assessed in conjunction with the fundamentals [5].