---
title: "CNGR Forecasts Strong Interim Profit Surge on Robust Battery Materials Demand"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292492787.md"
description: "CNGR Advanced Material Co., Ltd. (HK:2579) forecasts a 71%-84% year-on-year surge in H1 2026 net profit, projecting RMB 1.25-1.35 billion. The increase is driven by robust global new energy demand and strong sales growth in ternary, phosphorus-based, and sodium battery materials. Upstream nickel investments and Indonesian smelting operations further enhanced cost advantages and operational resilience."
datetime: "2026-07-13T12:38:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292492787.md)
  - [en](https://longbridge.com/en/news/292492787.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292492787.md)
generator: "portal-rs"
---

# CNGR Forecasts Strong Interim Profit Surge on Robust Battery Materials Demand

The latest update is out from CNGR Advanced Material Co., Ltd. Class H ( (HK:2579) ).

CNGR Advanced Material Co., Ltd. expects a sharp rise in profitability for the first half of 2026, projecting net profit attributable to shareholders of RMB 1.25 billion to RMB 1.35 billion, up roughly 71% to 84% year-on-year. Profit after excluding non-recurring items is also set to surge by about 84% to 99%, though the figures are preliminary estimates by the finance department and remain unaudited.

Management attributes the earnings jump to robust global new energy demand and strong sales growth across its core battery material segments, with ternary precursor volumes up more than 50% and phosphorus-based materials up more than 25%, while sodium battery precursors sustained high growth. The company’s upstream nickel resource investments and Indonesian pyrometallurgical smelting operations delivered solid returns and cost advantages, reinforcing CNGR’s full-industry-chain positioning and enhancing its operational safety margin and counter-cyclical resilience. 

**More about CNGR Advanced Material Co., Ltd. Class H**

CNGR Advanced Material Co., Ltd. is a China-based advanced materials producer focused on battery materials for the global new energy industry. The company’s core products include nickel-based, cobalt-based, phosphorus-based and sodium-based materials, and it operates an integrated “resources + smelting + materials” value chain supported by upstream nickel resource investments and Indonesian smelting projects.

**Average Trading Volume:** 1,782,714

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$42.55B

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**