Xin Lang Cai Jing·2025-08-25 00:10Core Viewpoint - The company reported a decline in revenue and net profit for the first half of the year, with revenue at 3.693 billion yuan, down 17.78% year-on-year, and net profit attributable to shareholders at 401 million yuan, down 47.84% year-on-year [1] Group 1: Financial Performance - The company achieved a revenue of 1.905 billion yuan in Q2 2025, a year-on-year decrease of 13% [1] - The net profit for the first half of the year was 401 million yuan, reflecting a year-on-year decline of 47.84% [1] - The non-recurring net profit was 326 million yuan, down 45.96% year-on-year [1] Group 2: Lithium Battery New Energy Business - In the first half of the year, the company sold 12,050 tons of lithium carbonate, with a single-ton operating cost estimated at around 50,000 yuan [1] - The lowest price for domestic battery-grade lithium carbonate in Q2 dropped to 60,000 yuan per ton [1] Group 3: Key Projects in Lithium Battery New Energy Business - The Huqiao Mining project has completed the change of mining rights registration, increasing the recorded production capacity from 3 million tons per year to 9 million tons per year [1] - The raw ore transportation project has completed its establishment [1] Group 4: Special Steel New Materials Business - The company focused on cost control, improving single-ton gross profit, and increasing market share in the special steel new materials business during the first half of the year [1] Group 5: Profit Distribution Plan - The company plans to distribute a cash dividend of 3 yuan per 10 shares to all shareholders, totaling approximately 159 million yuan, which accounts for 39.66% of the net profit attributable to shareholders for the first half of the year [1]