Guangzhou Tinci Materials Technology: Q3 2025 saw strong profit growth and higher revenue, despite weaker operating cash flow

Revenue grew 28.97% year-over-year to ¥7.03 billion, with net profit up 12.79% to ¥267.9 million, driven by strong battery materials sales and increased R&D investment. The company is expanding capacity, managing raw material risks, and advancing international projects.

Original document: Guangzhou Tinci Materials Technology Co., Ltd [002709] Interim report — Aug. 19 2025

Guangzhou Tinci Materials Technology signed a framework contract with Chenergy New Energy's three subsidiaries to deliver at least 550,000 tons of electrolytes by the end of 2030.

The framework contract outlines pricing influenced by lithium carbonate market prices, according to a Thursday filing with the Shenzhen bourse.

The agreement is non-binding in volume.

Shares of the electrolytes producer closed 6% higher Thursday.

Guangzhou Tinci Materials Technology directors approved plans to list its shares on the Hong Kong bourse, according to a Tuesday filing in Shenzhen.

The Hong Kong listing is seen to help build the Chinese electrolytes supplier's global strategy, establish international capital operations, meet sustainable development needs, and boost international competitiveness, among other reasons, the filing said.

Tinci's Hong Kong listing is still subject to approval.

Shares rose 2% in Shenzhen during morning trading on Tuesday.

Zhejiang Yongtai Technology and subsidiary Shaowu Yongtai Advanced Materials filed lawsuits against rival Guangzhou Tinci Materials , seeking 57.5 million yuan in damages for reputational harm.

The company said Guangzhou Tinci Materials repeatedly published false accusations linking it to trade secret theft, aiming to damage its image and influence ongoing bids, according to a Friday filing with the Shenzhen bourse.

Meanwhile, Guangzhou Tinci Materials Technology has sued Zhejiang Yongtai Technology and 11 others for 887.1 million yuan in damages, alleging they stole its liquid lithium battery chemical technology.

Guangzhou Tinci Materials Technology has sued Zhejiang Yongtai Technology and 11 others for 887.1 million yuan in damages, alleging they stole its liquid lithium battery chemical technology.

Company subsidiary Jiujiang Tinci claims ex-employee Li Sheng leaked secrets to Zhejiang Yongtai Technology for its 134,000-ton lithium project, according to a Thursday filing with the Shenzhen bourse.

Two defendants were already convicted of violating trade secret laws in 2024.

Guangzhou Tinci Materials Technology demands production-line destruction, a public apology and legal fees.

The electrolytes producer's shares closed 4% higher Thursday.

Guangzhou Tinci Materials Technology signed a strategic investment agreement with the Moroccan government to build a $280 million integrated production facility in Jorf Lasfar.

The project will produce 150,000 tons annually of electrolyte and key lithium battery materials, according to a Thursday filing with the Shenzhen bourse.

The plant is expected to be operational within five years.