On 30 January 2026, Xingye Alloy Materials Group Limited (Stock Code: 505) released a profit warning indicating that profit attributable to equity shareholders for the year ended 31 December 2025 is expected to decline by around 50% compared to RMB241.2 million for the year ended 31 December 2024.
According to the announcement, the reduced profit was primarily driven by substantial losses from copper future contracts, increased labor costs due to new hires and salary adjustments, higher depreciation expenses related to newly acquired equipment and infrastructure, and the cancellation of export tax rebate policies for certain copper products.
The company noted that the final annual results for 2025 are still under review and have not been audited. The official figures are scheduled to be published by the end of March 2026. Interested parties are advised to monitor future disclosures and exercise caution when trading the shares of Xingye Alloy Materials Group Limited.