According to a newly released forecast, Jiangsu Lopal Tech. Group Co., Ltd. (2465) expects its 2025 net profit attributable to owners of the parent company to range from RMB-180.1666 million to RMB-147.9940 million. This reflects a marked reduction in losses compared with the previous year’s -644.9680 million (after retrospective adjustment).

The company attributes the continued loss primarily to the impact of lithium carbonate price fluctuations on its lithium iron phosphate cathode material business, resulting in a low gross profit margin. Impairment losses on inventory, asset impairments, and fair value changes in certain financial liabilities also contributed. However, the forecast indicates that heightened cost-reduction measures and strategic product differentiation initiatives notably narrowed the loss compared with the prior year.

The net profit attributable to owners of the parent after deducting non-recurring profit or loss is projected to fall between RMB-39.5014 million and RMB-29.1898 million. These figures have not been audited, and the final audited data will be released in the 2025 annual report. Investors are advised to exercise caution in evaluating these preliminary results.