Shanshan Co., Ltd. released its 2025 profit forecast.

Shanshan Co., Ltd. expects to achieve a net profit attributable to shareholders of the listed company of 400 million to 600 million yuan in 2025, turning a profit compared to the same period last year. Its core businesses, anode materials and polarizers, maintained steady sales growth, with the two businesses expected to achieve a combined net profit of 900 million to 1.1 billion yuan. The anode material business benefited from strong demand in the new energy vehicle and energy storage markets, coupled with the continuous release of integrated production capacity, resulting in a significant year-on-year increase in sales. The polarizer business achieved a dual improvement in scale and profitability driven by product premiumization and refined operations.