8, Tianhua Xinneng disclosed its performance forecast for the first quarter of 2026. According to the performance forecast, Tianhua Xinneng expects to achieve a net return of 900 million yuan to 1.05 billion yuan in the first quarter of 2026, an increase of 27517 of 53% to 32120 of 45% compared with 3.2588 million yuan in the same period last year. The minimum growth rate is over 275 times; the net profit after deduction of non-attributable profit is expected to be RMB 878 million to RMB 1.028 billion, turning losses into profits compared with RMB -27.3727 million in the same period last year, with a year-on-year increase of 3307.58% to 3855.57%.
As for the core reasons for the substantial increase in performance, Tianhua Xinneng made it clear that during the reporting period, driven by the growth of downstream demand for energy storage and power batteries, the company's lithium-ion materials business profits increased substantially.
Tianhua Xinneng is the largest battery-grade lithium hydroxide producer in China, and Ningde Times is its second largest shareholder (13.54%).
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