Bettery's performance declined in 2024, and Chairman He Xueqin was suspected of insider trading

Leading lithium battery material company BTR (835185) released its performance report. In 2024, the company expects operating income to be 14.237 billion yuan, a year-on-year decrease of 43.32%; it expects to achieve a total profit of 1.128 billion yuan, a year-on-year decrease of 49.75%; and it expects to achieve a net profit of 906 million yuan, a year-on-year decrease of 45.23%. In January 2025, BTR announced that Chairman He Xueqin was issued an "Administrative Penalty Decision" by the China Securities Regulatory Commission for insider trading of "Longpan Technology".