Guangxi Guitang Group Co Ltd

Yuegui Co. disclosed its 2026 interim report. In the first half, it achieved operating revenue of 2.343 billion yuan, up 72.37% year on year. Net profit attributable to shareholders of the listed company was 663 million yuan, up 182.76% year on year. Basic earnings per share were 0.8263 yuan. During the reporting period, driven by strong market demand and rising commodity prices, pyrite and sulfuric acid prices remained at elevated levels.

Yuegui Shares disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be between 620 million and 690 million yuan, a year-on-year increase of 164.51% to 194.37%. Deducted non-recurring net profit is expected to be between 618 million and 688 million yuan, up 166% to 196.13% year-on-year. Basic earnings per share are projected at 0.773 yuan to 0.8603 yuan. The company stated that the significant profit growth was mainly driven by rising prices of ore and sulfuric acid products, along with ongoing cost reduction and efficiency improvement efforts that steadily enhanced operational performance. Non-recurring gains and losses had no material impact on net profit.

Yuegui Shares recently received approval from the China Securities Regulatory Commission for its registration application to issue shares to targeted subscribers. The approval, issued by the CSRC, marks the official regulatory clearance for the company's share issuance application.