Tianhua New Energy: Expected net profit for the first half of 2026 is between 2.2 billion and 2.4 billion yuan, compared to a loss of 92.78 million yuan in the same period of the previous year.

Tianhua New Energy announced that the net profit attributable to shareholders of the listed company for the period from January 1, 2026 to June 30, 2026 is expected to be between 2.2 billion and 2.4 billion yuan, compared to a loss of 92.78 million yuan in the same period last year. The main reason for the significant growth in the company's performance in the first half of 2026 compared to the same period last year is the strong demand for lithium battery resources in the field of energy storage and downstream of power batteries during the reporting period, leading to a rise in both volume and price of the company's lithium battery materials business, resulting in an increase in sales revenue and profits.