LYGEND RESOURCE's stock price surged 11.61% during Monday's intraday trading session, reflecting a significant upward movement in the market.

The sharp rise follows the company's release of its first-quarter financial results, which reported a net profit attributable to owners of approximately 1.2 billion yuan and operating revenue of about 10.5 billion yuan. The strong performance is attributed to a ramp-up in production following the commissioning of new KPS processing lines.