On the evening of April 24, BTR released its 2025 annual report. In 2025, the company achieved operating revenue of Yuan 16.983 billion, representing a year-on-year increase of 19.29%. Its operating profit stood at Yuan 1.340 billion, up 16.71% YoY. And net profit attributable to parent company shareholders reached Yuan 875 million, with the company's fundamental operations maintaining a stable and positive trajectory.
During the reporting period, the company's production capacity and sales volume increased significantly. As of the end of the reporting period, the company's commissioned production capacity for anode materials reached 782,500 tonnes per year, an increase of 207,500 tonnes, or 36.52%, compared to the end of 2024. Among this, the company's anode production bases in Jiangsu, Tianjin, Sichuan, Huizhou, and Shandong added a total of 120,000 tonnes of capacity through technological upgrades, process innovation, and equipment optimization. The Phase II annual output of 80,000 tonnes of anode material project in Indonesia and the 7,500-tonne silicon-based production capacity in Shenzhen also commenced operations. In 2025, the company achieved anode material sales of over 600,000 tonnes, a year-on-year increase of 37.45%.
As of the end of the reporting period, the company's commissioned production capacity for cathode materials reached 73,000 tonnes per year, an increase of 15.87% compared to the end of 2024. Cathode material sales exceeded 20,000 tonnes, a year-on-year increase of 10.78%. In terms of the global layout, domestic anode material capacity stands at 622,500 tonnes, and cathode material capacity at 73,000 tonnes. Overseas anode material capacity stands at 160,000 tonnes. Furthermore, the company is steadily advancing its 60,000-tonne-per-year anode material project and 50,000-tonne-per-year cathode material project in Morocco, continuously deepening its global industrial footprint and further enhancing its core competitiveness.
Edited by Cassie Li, lixiangying@mysteel.com
