Enjie Co. (恩捷股份) released preliminary Q3 results with net profit of RMB 975 million, up 13,829% year-on-year, exceeding market expectations. The broker attributes the beat to higher separator shipments, earlier-than-expected price hikes, and an improved product mix.
Enjie's Q3 beat and Q4 volume-price resonance reinforce a bullish outlook, with full-year profit potentially reaching RMB 2.8 billion.
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