Yoyan New Materials: Revenue Hits 8.462 Billion Yuan in First Three Quarters, Up 7.31%

36Kr reports that Yoyan New Materials announced third-quarter revenue of 2.304 billion yuan, down 13.86% year-over-year, and net profit attributable to the parent company of 79.9611 million yuan, down 30.61%. Revenue for the first three quarters reached 8.462 billion yuan, up 24.98%, while net profit was 263 million yuan, up 7.31%. The performance change is primarily due to a transfer gain of 108 million yuan from related lithium sulfide technology transfers in the same period last year, with no significant technology transfer gains this quarter; revenue growth was also driven by over 40% year-over-year increase in sales of integrated circuit semiconductor target materials and the impact of the value-added tax super-deduction policy for integrated circuit enterprises.