Shenwan Hongyuan: The upward cycle in non-ferrous metals remains intact, and the sector's favorable trend is expected to continue.

Indium phosphide substrates, currently a key raw material for optical modules, exhibit high demand certainty, making the future outlook for indium prices— as an upstream raw material—promising.

Zhitong FinanceJun 10 13:46

Express News | Suo Tong Development: Proposed investment in a 300,000-ton-per-year prebaked anode project has received antitrust clearance.

BreakingsMay 22 16:58

SUOTONG Development (603612): Performance in line with expectations; profitability in Q1 2026 remains at a relatively high level compared to the same period historically.

Event: The company announced its 2025 annual report and Q1 2026 report. In 2025, the company achieved a revenue of 17.693 billion yuan, representing a year-on-year increase of 28.68%; the net profit attributable to shareholders was 747 million yuan, reflecting a year-on-year growth of 174%.

Western SecuritiesApr 27 19:21

Soliton Development (603612): Rising raw material costs add elasticity; newly signed projects contribute to growth.

Pre-baked anode shipments have steadily increased, and impairment provisions have eliminated profit-suppressing factors. In the fiscal year 2025, the company achieved pre-baked anode sales volume of 3.515 million tons, a year-on-year increase of 6%; including 1.825 million tons sold in the second half of 2025, up from the first half.

Orient SecuritiesApr 25 19:07

Soliton Development (603612) 2025 Annual Report and 2026 Q1 Earnings Commentary: Non-recurring net profit attributable to shareholders rebounded in Q1 2026, with domestic and international capacity expansion gradually materializing.

Event: Suotong Development released its 2025 annual report and Q1 2026 financial report on the evening of April 22, 2026. In 2025, the company achieved revenue of 17.69 billion yuan, representing a year-on-year increase of 28.7%; net profit attributable to shareholders reached 7.

Everbright SecuritiesApr 23 18:37

Sotong Development: Summary of the 2025 Annual Report of Sotong Development Co., Ltd.

SZSIApr 23 00:00 · Announcements