Xingye Alloy Materials Group Ltd. has announced that its profit attributable to equity shareholders for the year ended 31 December 2025 is expected to decrease by approximately 50% compared to RMB241.2 million reported for the previous year. The significant decline in profit is primarily attributed to substantial losses from copper futures contracts due to a sharp rise in copper prices in the fourth quarter of 2025, increased labor costs from hiring new employees and salary adjustments, higher depreciation costs following the acquisition of new equipment and infrastructure, and a reduction in gross profit from overseas sales after the cancellation of export tax rebate policies for certain copper products by the Chinese government. Final annual results will be published by the end of March 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xingye Alloy Materials Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260130-12005728), on January 30, 2026, and is solely responsible for the information contained therein.