Tianhua New Energy announced on July 9 that it expects its net profit attributable to shareholders for the first half of 2026 to be between RMB 2.200 billion and RMB 2.400 billion, turning from loss to profit year-on-year. The growth in performance is mainly due to the strong demand for lithium resources in the downstream sectors of energy storage and power batteries, leading to a simultaneous increase in both volume and price for the company's lithium battery materials business, resulting in growth in sales revenue and profit.
