Jiangsu Lopal Tech. Group Co., Ltd. (LOPAL TECH) disclosed key operating metrics for the first half of 2026. Aggregate revenue reached RMB7.00 billion, underpinned by strong demand for lithium iron phosphate (LFP) cathode materials and resilient growth in automotive environmental-friendly specialty chemicals.

LFP cathode materials remained the dominant revenue contributor, generating RMB5.69 billion on sales of 126,320.75 tons. The segment’s average selling price climbed 52.39% year on year, reflecting buoyant market demand alongside a sharp 92.92% surge in lithium-carbonate procurement costs (up RMB59,704.51/ton).

Automotive environmental-friendly specialty chemicals delivered RMB1.09 billion in revenue, with sales volume reaching 261,996.61 tons. The product’s average selling price increased 5.73% compared with the prior-year period. Lithium-carbonate processing, representing external sales only, contributed RMB230.08 million on 6,061.62 tons shipped.

Input-cost inflation was mixed across key raw materials. Base-oil prices rose 21.31% (RMB1,708.48/ton) and iron phosphate advanced 24.26% (RMB2,091.48/ton), while ethylene glycol and urea fell 8.67% and 4.93%, respectively. Management highlighted lithium carbonate’s extreme volatility as a material factor affecting production economics, noting that related impairment provisions are detailed in a separate announcement (No. 2026-135).

The disclosed figures are unaudited and prepared under PRC accounting standards. Investors are advised to interpret the information with caution, as no additional significant events affecting operations were reported for the period.