---
title: "Zhejiang Huayou Cobalt: Record revenue and profit growth fueled by high-nickel battery materials and global expansion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296255002.md"
description: "Operating income rose 49% and net profit 29% year-over-year, driven by surging shipments of high-nickel battery materials and robust global demand. R&D investment more than doubled, and major international projects advanced, while the company maintained strong cash flow and announced a significant share repurchase plan.Original document: Zhejiang Huayou Cobalt Co., Ltd. Class A [603799] Interim report — Aug. 20 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-18T16:55:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296255002.md)
  - [en](https://longbridge.com/en/news/296255002.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296255002.md)
generator: "portal-rs"
---

# Zhejiang Huayou Cobalt: Record revenue and profit growth fueled by high-nickel battery materials and global expansion

Operating income rose 49% and net profit 29% year-over-year, driven by surging shipments of high-nickel battery materials and robust global demand. R&D investment more than doubled, and major international projects advanced, while the company maintained strong cash flow and announced a significant share repurchase plan.

Original document: Zhejiang Huayou Cobalt Co., Ltd. Class A \[603799\] Interim report — Aug. 20 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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