万润新能获易方达、中欧基金等60余家机构调研 产品价格谈判已取得积极效果

Core Viewpoint - Wanrun New Energy (688275.SH) is experiencing increased demand for lithium iron phosphate materials due to a recovering market and favorable policies, while the industry is urged to avoid price wars and focus on sustainable growth [1][2] Group 1: Investor Relations and Market Demand - Recently, Wanrun New Energy hosted over 60 institutional investors, discussing product price increases, industry competition, and expansion plans [1] - The demand for lithium iron phosphate products has surged, driven by the growth in the energy storage and power markets, supported by new domestic and international scenarios [1] - The company's gross profit margin increased by 3.28% year-on-year in Q3 2025, indicating a gradual recovery from previous losses [1] Group 2: Industry Regulations and Competitive Landscape - The China Chemical Industry Association has issued a notice to member companies, including Wanrun New Energy, to adhere to cost index pricing and avoid low-price sales to combat industry losses [2] - The association's initiative aims to improve the industry's long-term competitiveness and market order, aligning with national policies against excessive competition [2] - Wanrun New Energy plans to make cautious decisions regarding expansion based on customer demand, profitability, and industry trends, in line with the association's recommendations [2]