Tianhua New Energy: It is expected that the net profit will decrease by 47.83% to 56.23% in 2025 compared to the previous year.

Tianhua New Energy announced that it is expected to have a net profit of 365 million to 435 million yuan in 2025, a year-on-year decrease of 47.83% to 56.23%. The main reason for the change in performance during the reporting period is the structural imbalance on the supply side of the industry, with the average selling price of the company's main product, lithium hydroxide, falling compared to the same period last year.