LOPAL TECH (02465) shares surged 9.56% during intraday trading, as the lithium battery industry continues to show strong growth momentum. The stock's significant uptick is supported by positive industry data and the company's improving financial performance.
Industry reports indicate a robust outlook for the lithium battery sector. October 2025 saw a 13.8% month-on-month increase in lithium hexafluorophosphate output, with November production expected to grow by an additional 3.7%. Electrolyte output also continued to climb in October, backed by sustained demand growth anticipated for November. Furthermore, ternary cathode materials for digital use saw weekly price increases throughout late October and early November, while lithium iron phosphate producers maintain high operating rates to fulfill long-term contracts.
Adding to the positive sentiment, LOPAL TECH recently reported its Q3 2025 financial results, showing signs of improvement. The company's revenue reached RMB5.825 billion, a 2.91% year-on-year increase. More notably, LOPAL TECH significantly narrowed its net losses by 63.52% compared to the same period last year, reporting a loss of RMB110 million. This financial progress, combined with the favorable industry trends, appears to be driving investor confidence and contributing to the stock's impressive surge.