Chuanfa Longmang Reports Strong 2025 Results with 21.74% Revenue Growth

Sichuan Development Longmang Co., Ltd. (hereinafter "Chuanfa Longmang") reported its 2025 annual results on April 28, demonstrating continued revenue growth with strong operational resilience and development potential. The company achieved full-year revenue of 9.956 billion yuan, a year-on-year increase of 21.74%, exceeding the 8.38 billion yuan target disclosed in the 2024 annual report with a completion rate of 118.81%. Net profit attributable to shareholders reached 414 million yuan.

Under the 2025 profit distribution proposal, Chuanfa Longmang plans to distribute a cash dividend of 0.9 yuan (pre-tax) per 10 shares, totaling approximately 170 million yuan (pre-tax), representing approximately 41% of the 2025 net profit attributable to shareholders.

In 2025, Chuanfa Longmang's core phosphorus chemical business and growing new energy materials business developed synergistically, with the "sulfur-phosphorus-titanium-iron-lithium-calcium" multi-resource green circular economy industrial chain further refined. While strictly implementing safety and environmental requirements, the company enhanced organizational efficiency through market-oriented operational mechanisms, drove product iteration through technological innovation, and strengthened industry position through mergers and acquisitions. The company achieved total production of 2,974,200 tons, including 386,700 tons of industrial-grade monoammonium phosphate, 1,987,500 tons of fertilizer products, 574,500 tons of feed-grade calcium phosphate, and 25,500 tons of new energy materials.

From a resource perspective, Chuanfa Longmang currently holds phosphorus ore reserves of approximately 130 million tons with raw ore production capacity of 4.1 million tons/year. The company produced 2,311,500 tons of phosphorus ore in 2025, a year-on-year increase of 2.77%. With phosphorus ore primarily used for self-supply and self-sufficiency rates continuing to rise, the company's resource advantages and comprehensive cost benefits will further strengthen. For lithium and vanadium-titanium resources, Chuanfa Longmang holds a 51% stake in Guotuo Mining, indirectly controlling the Sman Cuo Lithium Mine, and through equity investments in Western Lithium and Chonggang Mining, continues to develop lithium and vanadium-titanium magnetite resources in Sichuan.

The new energy materials business showed positive momentum in 2025, with Chuanfa Longmang steadily advancing lithium dihydrogen phosphate project construction while improving capacity utilization rates for existing lithium iron phosphate and lithium iron phosphate production lines. The company continues to drive product iteration to meet customer needs across power and energy storage applications, strengthen talent development, and enhance supply chain capabilities in the new energy materials sector.

Chuanfa Longmang accumulated 227 authorized patents in 2025, focusing on critical technical challenges in phosphorus chemicals and new energy materials. The company deepened technology reserves in phosphorus resource cascade utilization, new energy materials, and phosphorus mining technology. Leveraging two provincial-level engineering centers, the company conducts innovation in fine phosphates, new energy battery materials, solid waste resource utilization, and clean production, while accelerating the development of a new energy materials R&D pilot platform.

Looking ahead to 2026, Chuanfa Longmang will optimize its core phosphorus chemical operations while advancing new energy materials project construction based on market conditions, targeting revenue of 10.59 billion yuan. The company will focus on phosphorus chemicals, develop new energy materials as a second growth curve, secure upstream scarce resources, enhance technology-driven competitiveness, and pursue professional integration.

First quarter 2026 results released on April 28 showed continued revenue growth, with revenue of 2.868 billion yuan, a year-on-year increase of 37.57%, and net profit attributable to shareholders of 90.64 million yuan.