道氏技术上半年净利同比增长108.16% 加快固态电池领域全面布局

Core Viewpoint - Daoshi Technology reported a decline in revenue but a significant increase in net profit, indicating a shift towards more profitable business segments and strategic investments in new materials and technologies [1][2][3] Financial Performance - The company achieved a revenue of 3.654 billion yuan in the first half of 2025, a year-on-year decrease of 11.64% [1] - Net profit attributable to shareholders was 230 million yuan, reflecting a year-on-year increase of 108.16% [1] - Basic earnings per share were 0.3192 yuan [1] Business Strategy - Daoshi Technology is focusing on material innovation and has diversified its business from a single ceramic material focus to a multi-faceted approach including carbon materials, lithium battery materials, and strategic resources [1] - The company has defined its strategic direction as "AI + Materials" [1] Key Business Segments - Carbon materials and lithium battery materials have become the core strategic businesses [1] - In the carbon materials segment, the company is expanding into artificial graphite anode materials and accelerating the industrialization of silicon-carbon anode materials, creating a synergistic product matrix [1][2] - The new generation of anode materials, silicon-carbon anode materials, offers high energy density and fast charging capabilities, compatible with solid-state battery systems [1] Supply Chain and R&D - Daoshi Technology is enhancing its supply chain and R&D system for conductive agents, focusing on single-walled carbon nanotubes and silicon-carbon anodes, as well as solid-state battery key materials [2] - The company is optimizing performance and cost control while accelerating capacity layout and process refinement [2] Lithium Battery Materials - The lithium battery materials segment includes products like ternary precursors and cobalt salts, with production concentrated in Guangdong and Jiangxi [2] - The company benefited from rising cobalt metal prices, leading to improved gross margins for cobalt products [2] Strategic Investments - Daoshi Technology plans to invest $165 million in a copper wet smelting plant in the Democratic Republic of Congo, aiming to leverage local copper and cobalt resources for cost competitiveness and capacity efficiency [3] - The company is also expanding the production capacity of single-walled carbon nanotubes and silicon-carbon anodes to meet market demand [3]