On April 13, Dexin Technology announced that it expects to achieve a net profit attributable to shareholders of the listed company of Yuan 22.00 million to Yuan 28.00 million for the first quarter of 2026, turning losses into profits compared with the same period last year. The performance turnaround was primarily driven by the recovery of the lithium-ion battery industry's prosperity and the strong performance of its core businesses. Increased demand for lithium battery equipment components led to a rise in orders, while products such as precision reducers achieved significant market expansion in the photovoltaic sector, with both sales volume and revenue growing steadily.
Join Mysteel's April 30 webinar to explore whether supply disruptions will drive the next leg higher for lithium and nickel markets in Q2 2026. https://www.mysteel.net/event-listings/100067-q2-2026-lithium-and-nickel-will-supply-disruptions-fuel-further-price-hikes
Edited by Cassie Li, lixiangying@mysteel.com