The negative electrode material industry is under pressure, and many companies are losing money

Since 2023, negative electrode material companies including Shanshan Co., Ltd., B&T and Putailai have all faced varying degrees of performance pressure. The revenue and net profit of these companies have declined, among which Shanshan Co., Ltd.'s net profit fell by 71.56% in 2023, and it even lost 73 million yuan in the first quarter of this year.