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

Published: May 26, 2026 11:52

Save

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.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

41 mins ago

CATL's Jianxiawo Lithium Mine Project Obtains Land Use Pre-Approval

According to the Jiangxi Provincial Department of Natural Resources, Yichun Times New Energy Mining Co., Ltd. has obtained the "Project Land Use Pre-Approval and Site Selection Opinion" for the Jianxiawo lithium mining project located in Yifeng and Fengxin counties, Jiangxi Province. The approval took effect on June 17, 2026, and will remain valid until June 17, 2029.

41 mins ago

13 hours ago

Dynanonic plans to add 200,000 tpy phosphate material capacity

Dynanonic announced a proposed private placement to raise up to RMB 2.9 billion. Proceeds will mainly be used for its Phase I integrated lithium battery materials project, which is expected to add 200,000 tonnes per year of high-density phosphate material capacity.

13 hours ago

16 hours ago

Yinghe Technology to Acquire Aonhua Automation for Yuan 204 Million

Yinghe Technology announced plans to acquire a 100% stake in Aonhua (Shanghai) Automation Engineering Co., Ltd. for Yuan 204 million. Upon completion, Aonhua Automation will become a wholly owned subsidiary of the company. Yinghe stated that the acquisition will strengthen its downstream integration capabilities and enable full-process equipment coverage from electrode manufacturing to module and PACK assembly, enhancing its one-stop lithium battery production line solutions.

16 hours ago