Jiangsu Lopal Tech. Group Co., Ltd. (Lopal Tech) released a profit alert for the six months ended 30 June 2026, projecting a return to profitability on the back of robust lithium iron phosphate (LiFePO₄) market momentum.

The company expects net profit attributable to shareholders to reach RMB373.16 million–447.79 million, a swing of RMB458.31 million–532.95 million from the RMB85.15 million loss recorded in the prior-year period. After excluding non-recurring items, underlying profit is estimated at RMB375.38 million–450.46 million, versus a loss of RMB131.75 million a year earlier—an improvement of RMB507.14 million–582.22 million.

Management attributes the turnaround to higher revenue and sales volumes in the LiFePO₄ segment, underpinned by expanding demand from power battery and energy-storage applications. The resulting scale effect has bolstered overall profitability.

For reference, first-half 2025 results showed a total loss of RMB98.31 million and earnings per share of RMB-0.13.

Figures are based on preliminary calculations under China Accounting Standards and have not yet been audited. Final results will be disclosed in the 2026 interim report. The company reports normal operations and no significant uncertainties affecting the estimates.