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Rising raw material prices boost growth; Xawt New Energy expects revenue from January to February 2026 to increase by 60% to 110% year-on-year.
On March 4th, Xiamen Tungsten New Energy (688778.SH) announced that, based on preliminary estimates, the company expects to achieve operating revenues of 2.702 billion to 3.546 billion yuan in January-February 2026, representing a year-over-year increase of 60% to 110%. The year-over-year growth in operating revenue for January-February 2026 is mainly due to rising raw material prices and increased sales volume of the company’s products.
(Company Announcement)