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Gotion High-tech and Easpring Technology have announced their 2025 performance forecasts, indicating substantial revenue growth. Gotion High-tech anticipates a net profit of RMB 2.5 billion to RMB 3 billion, a 107.16% to 148.59% increase year-on-year.

This growth is driven by demand in the new energy vehicle and energy storage markets. Easpring Technology predicts a net profit of RMB 600 million to RMB 650 million, marking a 27.16% to 37.76% rise. Its core business focuses on lithium battery cathode materials, with significant growth in shipments and profitability in energy storage products. Both companies are enhancing production capacity and product offerings.