[Desay Battery: Estimates H1 Net Profit Up 101.96%–125.54% YoY]

[SMM Tin Midday Commentary: Amid recurring geopolitical tensions, the market takes a wait-and-see stance, while the most-traded SHFE tin contract consolidates above 400,000, supported by low inventory.]

[Yinman Mining Receives Land Approval for 2.97 Mtpa Expansion Project] Yinman Mining Co., Ltd., a wholly owned subsidiary of Inner Mongolia Xingye Silver & Tin Mining Co., Ltd., has received official approval from the People's Government of Inner Mongolia Autonomous Region for the construction land required for its 2.97 Mtpa expansion project at the Baiyinchagan Dongshan Copper-Lead-Tin-Silver-Zinc Mine in West Ujimqin Banner. The project has now met all conditions for construction and will soon commence site preparation and underground development. According to the project schedule, commissioning with ore feed is expected in Q4 2028. As the company's flagship producing mine, Yinman Mining primarily produces silver, tin, zinc, copper, lead, and antimony. Upon completion, the expansion pr

[Zhongjin Lingnan Forecasts Robust H1 2026 Profit Growth] Zhongjin Lingnan expects net profit attributable to shareholders of RMB 1.05–1.20 billion for the first half of 2026, representing a year-on-year increase of 87.89%–114.73%. The company attributed the strong performance to: (1) higher prices for its major metal products; (2) increased fair value gains on trading financial assets; and (3) a higher equity interest in its subsidiaries, which contributed to greater net profit attributable to shareholders.