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On January 26, China Science and Technology Electrics unveiled its 2025 annual performance forecast. The company anticipates a net profit for the entire year ranging from RMB 455 million to RMB 515 million. This projection signifies a substantial year-on-year increase of 50% to 70%, in stark contrast to the RMB 303 million recorded during the same period in the previous year. The remarkable growth in performance can be primarily ascribed to the enhanced production capacity of lithium battery anode materials. Moreover, the burgeoning demand in the downstream markets of new energy vehicles and energy storage has played a pivotal role. This heightened demand has directly translated into increased production and sales volumes. Furthermore, the implementation of cost-reduction and efficiency-enhancement measures has significantly bolstered cost control within the company.
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