CNGR (02579) saw its shares rise more than 3% after the company issued a positive profit alert. At the time of writing, the stock was up 1.76%, trading at HK$37.1 with a turnover of HK$8.6341 million. On April 8, CNGR announced that for the period from January 1, 2026, to March 31, 2026, it expects attributable net profit to shareholders to be between approximately RMB 530 million and RMB 590 million, representing a year-on-year increase of 72.32% to 91.82%. During the reporting period, benefiting from the rapid development of the global new energy market and the company's leading position in the battery materials sector, CNGR's total sales volume of battery materials, including nickel-based, cobalt-based, phosphorus-based, and sodium-based products, reached nearly 130,000 tonnes. The battery materials business demonstrated robust performance in both production and sales, strongly supporting steady growth in the company's operating profit. Furthermore, the integrated competitive advantage of CNGR's "resources + materials" strategy in the nickel-based product segment continued to materialize. Coupled with rising prices of nickel ore and nickel products, profitability from the company's nickel mining and smelting operations improved steadily, further driving sustained growth in overall profits.