[Solid-state battery: Zhidongli's H1 loss narrowed, strategically deployed lithium sulfide, a solid-state battery material]

Published: Aug 22, 2026 14:46 (GMT+8)

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[Solid-State Battery: Zhidongli Narrows H1 Loss, Strategically Positions in Solid-State Battery Materials] On August 21, 2026 (disclosed on August 22), Zhidongli (300686) released its semi-annual report. H1 revenue was 663 million yuan, down 13.7% YoY; net profit attributable to parent was a loss of 15.6069 million yuan, narrowing significantly compared to a loss of 40.98 million yuan in the same period last year. During the reporting period, the company actively expanded its new materials business, particularly making strategic investments in solid-state battery materials to optimize its industrial structure and achieve a second growth curve. Zhidongli plans to build a 5,000 mt/year high-purity lithium sulfide production site.

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Per MIIT data and customs statistics, China exported 3.69 billion lithium-ion batteries in Jan-Aug 2026, up 22.9% YoY. Value-added output of the electronics manufacturing industry grew 15.7% YoY, with revenue up 20.1% to RMB 12.8 trillion and total profit up 110% to RMB 847.5 billion. The strong battery exports reflect sustained overseas demand for power and energy storage batteries.

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