Wanhua Chemical's Lithium Iron Phosphate Project: Phase I Commences Production, Phase II Breaks Ground

EVE announced that in 2025, operating revenue was 61.47 billion yuan, up 26.44% YoY; net profit was 4.134 billion yuan, up 1.44% YoY. The company planned to distribute a cash dividend of 2.45 yuan (tax inclusive) for every 10 shares to all shareholders.

EVE announced that the company planned to sign an Investment Cooperation Agreement with the Administrative Committee of Huizhou Zhongkai High-tech Industrial Development Zone regarding the company’s investment in and construction of the “EVE 60 GWh Energy Storage (Power) Battery Manufacturing Project” within the jurisdiction of the Zhongkai High-tech Zone Administrative Committee. The total investment in this project was approximately 6 billion yuan, with a land area of approximately 500 mu (subject to the actual land acquired through bidding, auction, and listing), for the construction of a 60 GWh energy storage (power) battery production site project.

Recently, Shandong, Shanxi, and other regions issued notices to adjust or revoke certain wind power and PV power generation projects, involving the adjustment of PV investment layouts by multiple central state-owned enterprises and state-owned enterprises. Industry insiders pointed out that behind this change are multiple adjustments in policy orientation, market conditions, and corporate strategy. It also reflects that China’s new energy industry has reached a critical watershed on the path toward “high-quality development,” with the industry landscape, technological routes, and development models all undergoing comprehensive restructuring.