According to EnergyTrend, Gotion High-tech and Easpring Technology have successively disclosed their 2025 performance forecasts, with both lithium battery enterprises achieving revenue growth. Notably, Gotion High-tech’s net profit attributable to shareholders is expected to more than double year-on-year, while Easpring Technology has seen both shipments and profitability surge in its energy storage cathode material business. Additionally, its core solid-state battery products have entered the batch verification stage.
Gotion High-tech: 2025 Net Profit Expected to Double
Recently, Gotion High-tech released its 2025 performance forecast, reporting a year-on-year increase in overall performance. Specifically, the company expects to achieve net profit attributable to shareholders of RMB 2.5 billion to RMB 3 billion, representing a year-on-year growth of 107.16% to 148.59%. Its non-net profit after deducting non-recurring gains and losses is projected at RMB 350 million to RMB 450 million, a year-on-year increase of 33.31% to 71.40%.
The 2025 performance growth is attributed to the rapid rise in demand in the new energy vehicle and energy storage markets, which drove a significant year-on-year increase in sales of the company’s new-generation high-energy-density lithium iron phosphate battery products.
Meanwhile, with the continuous release of high-quality production capacity, economies of scale have gradually emerged, ensuring Gotion High-tech’s ability to fulfill more bulk orders for strategic customers in the future. The company has thoroughly implemented lean manufacturing principles, prioritized management improvements, and strengthened cost control, leading to enhanced profitability in 2025.
It is worth noting that Gotion High-tech’s early equity stake in Chery Automobile generated a fair value change gain of approximately RMB 1.7 billion following Chery’s listing on the Hong Kong Stock Exchange. This gain is classified as a non-recurring item.
Easpring Technology: 2025 Net Profit to Rise 27%–38%
Easpring Technology disclosed its 2025 annual performance forecast, expecting to achieve net profit attributable to shareholders of RMB 600 million to RMB 650 million (a year-on-year increase of 27.16% to 37.76%) and non-net profit after deducting non-recurring gains and losses of RMB 480 million to RMB 530 million (a year-on-year increase of 76.03% to 94.36%).
Data shows that Easpring Technology’s core business is the R&D, production, and sales of lithium battery cathode materials, complemented by the sale of intelligent equipment. During the reporting period, the company accurately seized opportunities in the power, energy storage, and consumer markets, driving steady growth in operating performance and a substantial year-on-year increase in product sales.
In the energy storage sector, its high-compaction lithium iron phosphate business has developed rapidly, with shipments surging and profitability improving. The 3.5-generation products are in stable mass production and supply, while shipments of 4.5-generation products continue to rise. The 5th-generation ultra-high compaction density products are progressing smoothly in verification and have been successfully introduced to leading customers, finding wide application in high-end large-scale energy storage and power battery projects.
For next-generation battery materials, Easpring Technology has achieved mass supply of ultra-high-nickel multi-component materials and ultra-high-capacity lithium-rich manganese-based materials for all-solid-state batteries. New solid-state electrolyte products, such as chlorine-iodine composite solid-state electrolytes with high ionic conductivity and excellent interface wettability, have entered batch verification at leading customers.
Source：EnergyTrend