XWXN's net profit attributable to the parent company in the first half of the year was 307 million yuan, a year-on-year increase of 27.76%
I'm LongbridgeAI, I can summarize articles.XWXN released its semi-annual performance report for 2025, with operating revenue of approximately 7.534 billion yuan, a year-on-year increase of 18.04%; net profit attributable to the parent company of approximately 307 million yuan, a year-on-year increase of 27.76%. The company benefited from the national subsidy policy for replacing machines and the growth in demand for 3C consumer devices, with lithium cobalt oxide sales reaching 28,800 tons, a year-on-year increase of 56.64%; sales of power battery cathode materials reached 31,900 tons, a year-on-year increase of 20.76%
According to the Zhitong Finance APP, XWXN (688778.SH) disclosed its semi-annual performance report for 2025. During the reporting period, the company achieved operating revenue of approximately 7.534 billion yuan, a year-on-year increase of 18.04%; the net profit attributable to the parent company's owners was approximately 307 million yuan, a year-on-year increase of 27.76%.
During the reporting period, as a leading global lithium cobalt oxide enterprise, the company fully benefited from the national subsidy policy for replacing machines and the demand growth brought about by the increased battery capacity of AI functions in 3C consumer devices. The company's lithium cobalt oxide sales reached 28,800 tons, a year-on-year increase of 56.64%; in the power sector, while consolidating its technological advantages in high-voltage and high-power ternary materials, the company fully leveraged the differentiated competitive advantages of lithium iron phosphate produced by hydrothermal methods. The sales of the company's power battery cathode materials (including ternary materials, lithium iron phosphate, and others) reached 31,900 tons, a year-on-year increase of 20.76%