万润新能获60余家机构调研 产品价格谈判取得积极效果

Core Viewpoint - Wanrun New Energy (688275) has reported an increase in demand for lithium iron phosphate materials due to high market activity in the energy storage and power sectors, driven by policy support and new economic scenarios [1][2] Group 1: Company Performance - The company has seen a gradual improvement in its comprehensive gross margin, which increased by 3.28% year-on-year in Q3 2025, while its losses are narrowing [1] - Wanrun New Energy is actively negotiating with clients and has achieved positive results in these discussions [1] Group 2: Industry Trends - The lithium iron phosphate materials market is experiencing a surge in demand, particularly in the energy storage sector, due to favorable policies and new market scenarios [1] - The industry has faced over two years of losses, leading to a slowdown in production expansion [1] - The company is committed to adhering to the cost index pricing guidelines set by the industry association to combat unhealthy price competition and improve overall industry profitability [1] Group 3: Expansion Plans - Wanrun New Energy will make cautious decisions regarding production expansion based on downstream customer demand, profitability enhancement, and industry trends [2] - The company plans to consider expansion only after its profitability has recovered to a certain level, in line with the industry association's recommendations for sustainable development [2]