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China Galaxy Securities: Non-ferrous metal prices return to an upward trajectory, further accelerating industry performance growth.
The upward trend in the industry's gross profit margin was primarily driven by a quarter-on-quarter increase in the average prices of non-ferrous metals in Q1 2026.
Zangge Mining (000408.SZ): Cumulative Repurchase of 2.5538 Million Shares
According to the announcement by Zangge Mining (000408.SZ) on May 6th by Grandom Holdings, as of April 30, 2026, the company has cumulatively repurchased 2.5538 million shares through a dedicated securities account for share repurchases using centralized bidding. This represents 0.16% of the company’s current total share capital. The highest transaction price per share was RMB 81.31, and the lowest was RMB 73.63. The total transaction amount reached RMB 200 million (excluding transaction fees).
Zangge Mining (000408): Significant Earnings Growth, Phase II of Julong Progressing Smoothly
The company released its Q1 2026 report. In the first quarter of 2026, total operating revenue reached 720 million yuan, representing a year-on-year increase of 29.6% and a quarter-on-quarter decrease of 39.1%. Net profit attributable to shareholders amounted to 1.57 billion yuan, marking a year-on-year increase of 1%.
Tianqi Lithium's net profit is expected to increase by up to 18 times, with lithium companies collectively reporting explosive Q1 results.
①Tianqi Lithium's Q1 net profit is expected to increase by up to 18 times; ②The price of lithium carbonate experienced a V-shaped reversal in the second half of last year, with a year-on-year doubling of lithium prices driving a significant recovery in performance for multiple lithium companies; ③Industry insiders believe that under the backdrop of surging global energy storage demand, the uptrend in lithium prices is likely to continue.
Zangge Mining's Q1 Profit Soars 111%
Zangge Mining (000408): Julong Copper's net profit significantly exceeds expectations; awaiting multi-faceted growth in copper, potassium, and lithium
Event: The company announced its Q1 2026 earnings report, achieving revenue of 716 million yuan, a year-on-year increase of 29.61%; net profit attributable to shareholders was 1.574 billion yuan, a year-on-year increase of 110.60%; non-recurring net profit attributable to shareholders was 1.57 billion yuan.