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JL Mag Rare-Earth expects net profit of RMB 735–800 million for the first three quarters, up 42.59%–55.20% year on year

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JL Mag Rare-Earth announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be RMB 735–800 million, up 42.59%–55.20% year on year. The company's operating revenue grew about 40% year on year, of which revenue from the robotics and industrial servo motor segment grew about 100% year on year. The company said the change in performance was mainly due to continuously consolidating its advantages in the new energy and energy conservation and environmental protection fields and opening up new markets.