Lithium Battery Materials Revenue Surges 375.15% for Listed Chemical Firm

Deep News
Aug 13

On August 8, Guanghua Technology released its 2026 semi-annual report, revealing total operating revenue of 2.248 billion yuan for the first half of the year, a 75.32% increase year-on-year. Net profit attributable to shareholders reached 94.285 million yuan, up 67.56% from the same period last year. Notably, the lithium battery materials segment generated 352 million yuan in revenue, skyrocketing 375.15% compared to the prior year, establishing it as a key driver of the company's revenue growth.

According to available data, Guanghua Technology is a specialized provider of advanced chemical manufacturing and new energy recycling solutions, integrating product research and development, production, and sales with technical services. The company focuses on high-performance electronic chemicals, high-quality chemical reagents and production-line specialty chemicals, new energy materials, and the cascade utilization and recycling of retired power batteries, while also offering custom development and technical services for other specialty chemicals.

In 2017, Guanghua Technology initiated a project to produce 14,000 tons of lithium battery cathode materials annually and established a subsidiary, Zhuhai Zhongli New Energy Materials Co., Ltd. After commencing production, the subsidiary's revenue grew year-on-year for three consecutive years from 2021 to 2023. In 2023 specifically, the lithium battery materials business achieved 1.293 billion yuan in revenue, a 318.8% increase year-on-year, accounting for 39.2% of total revenue. However, the segment experienced a sharp decline in revenue over 2024 and 2025.

In 2025, Guanghua Technology completed the development of new solid-state battery materials, including lithium sulfide, lithium chloride, lithium bromide, and lithium iodide, and launched them to the market, further diversifying its product portfolio. As the energy storage market expands, Guanghua Technology's lithium battery materials business has staged a turnaround, with a 375.15% surge in revenue for the first half of the year. This growth rate ranks as the highest among all business segments, potentially becoming a major highlight for the company's performance in 2026.

Currently, Guanghua Technology's main lithium battery materials products include ternary precursor and ternary material series, lithium iron phosphate, lithium iron phosphate, and lithium manganese iron phosphate series, as well as cobalt salt, nickel salt, and manganese salt series products.

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