Star Source Material released its third quarter report showing that the company's Q3 revenue was approximately 850 million yuan, an increase of about 12.6% year-on-year; net profit was approximately 290 million yuan, an increase of about 31% year-on-year. The net profit for the first three quarters was approximately 670 million yuan, an increase of about 13.5% year-on-year.

In an institutional research in September, Star Source Material said that after a round of lithium price fluctuations, the situation in the third quarter has improved and has returned to full production and full sales, and the capacity utilization rate has also been further improved. At present, the company is moving towards high-end membrane products, because from the market demand, high-end membranes are still scarce products.