Huayou Cobalt announced that it expects net profit attributable to shareholders of the listed company for 2025 to range from RMB 5.85 billion to RMB 6.45 billion, representing a year-over-year increase of 40.80% to 55.24%. The Company’s significant profit growth in 2025 is primarily attributable to the continued realization of the advantages of its integrated industrial operations, the recovery of metal prices such as cobalt and lithium, and the in-depth implementation of management reforms and cost-cutting and efficiency-enhancing measures.