[Lithium Battery: Wanhua Chemical: New LFP Capacity To Reach 820,000 Tons/Year By End Of 2026]

Published: May 26, 2026 11:52

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On May 22, Wanhua Chemical held a performance presentation for the 2025 annual and the first quarter of 2026. The first phase of the Haiyang 100,000 tons/year LFP project commenced production in March of this year, with construction simultaneously starting on the second and third phases, each with a capacity of 200,000 tons/year, in the same location. The first phase of the Laizhou 320,000 tons/year LFP project started construction in March and is also planned to be commissioned by the end of this year. In 2026Q1, Wanhua Chemical's net cash flow from operating activities reached 6.857 billion yuan, a YoY increase of more than tenfold, driven by higher current period profits and improved accounts receivable and inventory turnover efficiency.

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