Lopal Tech Releases 2025 Operating Metrics: Major Product Revenue Reaches RMB 8.73 Billion, Raw-Material Costs Decline

Bulletin Express04-24

Jiangsu Lopal Tech. Group Co., Ltd. (Lopal Tech) disclosed unaudited major operating data for 2025, reporting total revenue of RMB 8.73 billion from its three core product lines.

• Automotive environmental-friendly specialty chemicals generated RMB 1.97 billion on sales of 500,104 tons, reflecting a 4.49% year-on-year increase in average selling price.

• Lithium-iron-phosphate (LFP) cathode materials contributed the largest share, delivering RMB 6.20 billion on 202,481 tons sold. The product’s average selling price declined 2.92% from the prior year.

• Lithium carbonate processing produced RMB 0.57 billion in revenue from 14,748 tons sold, representing only external sales volume.

Aggregate production volume for the three product categories reached 724,589 tons, while sales volume totaled 717,333 tons.

Cost environment improved across key raw materials: average purchase prices fell for lithium carbonate (-16.66%), urea (-17.55%), base oil (-7.74%), iron phosphate (-4.14%) and ethylene glycol (-3.17%). Management highlighted lithium-carbonate price volatility as a significant factor in 2025 performance and referenced a separate impairment-provision announcement for further details.

The company noted that all figures are preliminary and unaudited, released to provide investors with operational insight.

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