贝特瑞半年报：营收同比增长11%，负极材料出货量行业第一

Core Viewpoint - The company, BetterRay, reported a revenue of 7.838 billion yuan for the first half of 2025, marking an 11.36% year-on-year increase, with a net profit attributable to shareholders of 479 million yuan [1][2]. Group 1: Financial Performance - BetterRay's total assets reached approximately 34.96 billion yuan, a 4.84% increase from the previous year [2]. - The net assets attributable to shareholders slightly decreased by 0.42% to approximately 12.18 billion yuan [2]. - The company's net profit attributable to shareholders decreased by 7.88% compared to the previous year [2]. Group 2: Product Performance - BetterRay maintained its leading position in the industry with a negative electrode material shipment of over 260,000 tons, a year-on-year increase of 32.83% [3]. - The shipment of artificial graphite materials exceeded 220,000 tons, reflecting a significant growth of 46.23% [3]. Group 3: Technological Innovation and Market Strategy - The company is focusing on technological innovation and global expansion to strengthen its competitive edge in the lithium battery materials sector [1]. - BetterRay has made significant advancements in solid-state battery materials, including the development of the first lithium-carbon composite anode compatible with solid-state batteries [3]. - The company is transitioning from a single battery material supplier to a comprehensive battery material solution provider, launching multiple new battery material solutions this year [4]. Group 4: Global Expansion - BetterRay is actively advancing its overseas market layout, with the first phase of its 80,000-ton anode material project in Indonesia already in production since 2024 [4]. - The construction of the Morocco factory for both positive and negative electrode materials is also progressing steadily [4].