XWXN(SH:688778) Xin Lang Cai Jing·2025-08-28 12:38Group 1 - The company achieved revenue of 7.53 billion yuan in the first half of 2025, representing a year-on-year increase of 18.0%, with a net profit attributable to shareholders of 310 million yuan, up 27.8% year-on-year [1] - In Q2 2025, the company reported revenue of 4.56 billion yuan, with year-on-year and quarter-on-quarter increases of 47.8% and 53.1% respectively, and a net profit of 190 million yuan, reflecting increases of 47.6% year-on-year and 63.0% quarter-on-quarter [1] - The demand in the consumer sector is improving, with lithium cobalt oxide shipments surging, benefiting from national replacement subsidies and increased battery capacity in 3C consumer devices [1] Group 2 - The company's profitability has been continuously recovering, supported by strong performance in the lithium cobalt oxide business and effective cost control, with ROE and ROA increasing by 0.8 and 0.5 percentage points respectively [2] - The company is a leading global producer of lithium cobalt oxide and is expected to significantly enhance profitability with the anticipated volume increase of the "NL structure" technology in 2026 [2] - Revenue projections for the company are 17.6 billion yuan, 20.3 billion yuan, and 23.1 billion yuan for 2025, 2026, and 2027 respectively, with net profits of 830 million yuan, 1.01 billion yuan, and 1.14 billion yuan for the same years [2]