Core Viewpoint - The company reported significant growth in both revenue and net profit for the third quarter and the first three quarters of 2025, driven by its key metal resource recycling and new energy battery materials business [1] Financial Performance - The company's third-quarter revenue reached 9.937 billion yuan, representing a year-on-year increase of 31.89% [1] - Net profit for the third quarter was 310 million yuan, showing a year-on-year growth of 52.99% [1] - For the first three quarters of 2025, total revenue was 27.498 billion yuan, up 10.55% year-on-year [1] - Net profit for the first three quarters was 1.109 billion yuan, reflecting a year-on-year increase of 22.66% [1] Business Drivers - Key metal resource recycling, power lithium battery recycling, and new energy battery materials have been crucial in driving the company's performance growth [1] - The increase in key metal recycling and the full production capacity of Indonesian nickel resources have significantly contributed to the company's historical performance highs [1] - The high-end new energy materials market continues to show breakthroughs, further supporting the company's growth trajectory [1]

Core Viewpoint - The company reported strong growth in key metal resource recycling, power lithium battery recycling, and new energy battery materials business, achieving record high performance in the first half of 2025 [1] Financial Performance - The company achieved operating revenue of 17.561 billion yuan, representing a year-on-year increase of 1.28% [1] - The net profit attributable to shareholders of the listed company was 799 million yuan, reflecting a year-on-year growth of 13.91% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 709 million yuan, with a year-on-year increase of 0.92% [1] - Basic earnings per share were 0.16 yuan [1] Business Highlights - Key metal recycling showed significant growth, contributing to the overall performance [1] - The company achieved full production capacity of Indonesian nickel resources [1] - The high-end new energy materials market continued to see breakthroughs, further driving company growth [1]