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Lygend Resources & Technology Co., Ltd. Class H ( (HK:2245) ) just unveiled an update.
Lygend Resources & Technology disclosed preliminary operating results for the first quarter of 2026 in connection with its proposed A-share IPO on the Shenzhen Stock Exchange, showing strong growth driven by the successive commissioning of its KPS production lines. For the three months ended March 31, 2026, the group recorded approximately RMB10.5 billion in revenue, equal to about 57.9% of its revenue for the first half of 2025, and about RMB1.2 billion in net profit attributable to shareholders, nearly matching its net profit for that prior six-month period, though management cautioned that the figures are unaudited and investors should exercise care when trading the company’s securities.
More about Lygend Resources & Technology Co., Ltd. Class H
Lygend Resources & Technology Co., Ltd. is a China-based company in the resources and technology sector, with its H shares listed in Hong Kong and seeking an A-share listing on the Shenzhen Stock Exchange. The group focuses on large-scale production operations, including KPS production lines, positioning itself as a significant player in its industrial segment with expanding operating capacity.
Average Trading Volume: 5,210,277
Technical Sentiment Signal: Sell
Current Market Cap: HK$19.01B
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