LOPAL TECH (02465) has released its interim results for the 2026 fiscal year, reporting revenue of approximately RMB7.198 billion, a substantial year-on-year increase of 98.75%. The company achieved a net profit attributable to shareholders of around RMB421 million, marking a turnaround from a loss in the prior corresponding period. Basic earnings per share stood at RMB0.59.

The revenue surge was primarily driven by growth in the lithium iron phosphate (LFP) cathode materials business during the reporting period. To seize opportunities in the booming new energy sector and address the rising downstream demand for LFP products, the company has been actively expanding its production capacity. These efforts aim to strengthen its supply capabilities and reinforce its core competitiveness.

During the period, LOPAL TECH officially initiated the construction of a 120,000-ton high-compaction LFP production facility in Phase 1 of its Changzhou Jintan base. The company also plans to move forward with a 120,000-ton LFP capacity expansion project in Phase 3 of its Indonesia operations. These new capacity initiatives represent a strategic deployment based on market dynamics and the company's long-term development blueprint. They are designed to optimize the capacity structure, scale up production, and provide a solid foundation for market expansion, customer demand fulfillment, and sustained earnings growth. Ultimately, these moves are expected to further cement LOPAL TECH's leading position in the LFP industry.