[Shenghe Resources: Net profit is expected to increase by 39.66%-56.17% year-on-year in the first three quarters of 2026] On October 15, Shenghe Resources (600392.SH) announced that the net profit attributable to shareholders of listed companies in the first three quarters of 2026 is expected to be 1.100 billion-1.230 billion yuan, a year-on-year increase of 39.66%-56.17%. The change in performance was mainly due to the overall improvement in market demand for the main rare earth products during the reporting period, while prices were high and volatile. The company seized market opportunities, optimized the production and sales structure, strengthened management empowerment and cost control, and the operating performance increased significantly year-on-year. Xiaocai Note: The company’s Q3 net profit is expected to be 213 million to 343 million, and Q2 net profit is 559 million. Based on this calculation, Q3 net profit is expected to drop by 38% to 61% month-on-month.