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Enjie Forecasts 2026 First Three Quarters Net Profit of RMB 1.54-2.05 Billion, Reversing Loss

Enjie Co. announced it expects net profit attributable to shareholders of RMB 1.54 billion to 2.05 billion for the first three quarters of 2026, compared with a loss of RMB 86.32 million a year earlier, a swing of RMB 1.626 billion to 2.136 billion. Non-GAAP net profit is expected at RMB 1.57 billion to 2.07 billion. The company cited a continued upcycle in the lithium battery separator industry, rebounding separator prices, higher sales volumes and an increased share of high-margin products.

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AI take

The swing matters less for its size than for its composition: Enjie attributes it to pricing power returning alongside volume growth and a richer product mix, which suggests separator supply discipline rather than a one-off gain. That reading affects the whole separator chain, since peers' margins are tied to the same price cycle. The open question is whether the rebound in separator prices and high-margin mix proves durable once capacity additions resume.

Generated by AI for reference only.

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