Youyan New Material Reports 60.72% Revenue Growth in Q1 2026, Net Profit Up 31%

Published: Apr 30, 2026 17:54

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Youyan New Material announced that it achieved revenue of 2.957 billion yuan in Q1 2026, up 60.72% YoY. Net profit attributable to shareholders of the publicly listed firm was 88.2711 million yuan, up 31.00% YoY. Basic earnings per share were 0.104 yuan. The report indicated that the change in revenue was mainly attributable to the increase in revenue of its controlled subsidiaries GRINM Advanced Materials and Youyan Rare Earth, as well as the increase in total profit.

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