HUAYOU COBALT(SH:603799) 智通财经网·2025-08-17 10:05Core Insights - The company reported a revenue of 37.197 billion yuan for the first half of 2025, representing a year-on-year increase of 23.78% [1] - The net profit attributable to shareholders reached 2.711 billion yuan, showing a significant year-on-year growth of 62.26% [1] - The basic earnings per share stood at 1.61 yuan [1] Business Performance - The shipment volume of ternary cathode materials was 39,600 tons, an increase of 17.68% year-on-year, with high-nickel 9-series products accounting for over 60% [2] - The export volume of ternary cathode materials constituted 57% of China's total exports in this category [2] - The shipment volume of ternary precursors was 42,100 tons, which saw a decline compared to the previous year due to a strategic reduction in low-profit product shipments [2] - Cobalt product shipments decreased by 9.89% to 20,800 tons [2] - Nickel product shipments surged by 83.91% to 139,400 tons, significantly contributing to the company's performance growth [2] Industry Collaboration and Development - The company has established deep collaborations with leading enterprises such as Yiwei Lithium Energy, LGES, CATL, and Envision AESC in the large cylindrical battery materials sector [2] - In the solid-state battery materials segment, the company is engaged in comprehensive cooperation with top domestic battery firms and has formed strategic alliances with key clients like Funeng Technology, Weilan New Energy, Qingtao, and Jinyu [2] - The company is focusing on joint development in solid-state and semi-solid-state battery materials, enhancing its leading position in these fields [2]