On May 14, during a research survey, Yongtai Technology unveiled its first-quarter financial results for 2026, revealing a revenue of RMB 1.693 billion, marking a significant year-on-year increase of 59.7%. The net profit attributable to shareholders witnessed an extraordinary surge, climbing 889.5% year-on-year to reach RMB 105 million. Regarding the company's new capacity expansion initiatives in the lithium battery materials sector, these encompass: a technological transformation and capacity enhancement project for lithium hexafluorophosphate at Yongtai Hi-Tech, which will add an annual capacity of 32,000 tons; a construction project for 5,000 tons/year of innovative lithium additives at Yongtai Hi-Tech; and a project at Yancheng Yongtai aimed at constructing a 200,000 tons/year electrolyte production facility.
Fluorinated liquid products are currently in the market promotion and customer verification stages, with certain models successfully passing certification tests conducted by leading server manufacturers. The company's lithium additive project is advancing in an orderly manner and is anticipated to achieve commercialization, finding applications in both the refurbishment of used batteries and the production of new batteries.