On January 29, Ruitui Technology announced that it expects its net profit attributable to shareholders of the listed company in 2025 to be in the range of Yuan 185 million to 240 million, representing a year-on-year increase of 118.67% to 183.68%.
The change in performance is primarily due to a significant increase in global demand for lithium battery materials in 2025, although the electrolyte industry is characterized by overcapacity and intense competition, compounded by rising prices of major raw materials in Q4 with delayed price pass-through. Additionally, the company has provisioned approximately Yuan 204 million to 234 million for fixed asset impairment related to several projects under construction. Moreover, the disposal of Tonze New Energy Technology Co., Ltd. shares generated pre-tax investment gains of around Yuan 390 million, substantially boosting non-recurring income.
Edited by Cassie Li, lixiangying@mysteel.com
