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Tianhua New Energy: Expected net profit growth of 27,517.53% to 32,120.45% year-on-year in the first quarter of 2026
Tianhua New Energy Announcement, expected net profit for the first quarter of 2026 to be between 900 million yuan and 1.05 billion yuan, a year-on-year increase of 27,517.53% to 32,120.45%.
Net profit after deducting non-recurring gains and losses is between 878 million yuan and 1.03B yuan, a year-on-year increase of 3,307.58% to 3,855.57%.
The main reason for the significant year-on-year growth in the company’s first-quarter 2026 performance is: during the reporting period, driven by the growth in downstream demand for energy storage and power batteries, the company’s lithium battery material business profits increased significantly.