Tianci Materials signed an order for 1.595 million tons of electrolyte, with a potential value of 40 billion yuan

News
On November 6th, according to the announcement of Tianci Materials, its wholly-owned subsidiary Jiujiang Tianci signed an "Annual Purchase Contract" with Guoxuan High tech. Guoxuan High tech is expected to purchase a total of 870000 tons of electrolyte products from Jiujiang Tianci in 2026-2028, and the actual purchase quantity is subject to the "Purchase Order" confirmed by both parties.
On the same day, Tianci Materials announced that it had signed a "2026-2028 Supply Guarantee Framework Agreement" with China Innovation Airlines. The company promised to supply an estimated total of 725000 tons of electrolyte products to China Innovation Airlines in 2026-2028. The specific purchase quantity, unit price, specifications, and delivery time will be subject to the "Purchase Order" confirmed by both parties.
The total purchase quantity of the two companies is about 1.595 million tons. Based on the current average price of about 25000/ton, the total amount of the two orders is as high as 39.875 billion yuan, which is almost three times the company's revenue in 2024 (12.52 billion yuan)!
Not only that, in the past three years, Tianci Materials has signed and is still executing electrolyte orders of no less than 58600 tons, 550000 tons, and 800000 tons with companies such as Ningde Times, Ruipu Lanjun, and Chu Neng New Energy.
Recently, Tianci Materials released its third quarter report for 2025, with a revenue of 3.814 billion yuan, a year-on-year increase of 11.75%; Net profit was 153 million yuan, a year-on-year increase of 51.53%. In the first three quarters of 2025, the company's operating revenue was 10.843 billion yuan, a year-on-year increase of 22.34%; Net profit was 421 million yuan, a year-on-year increase of 24.33%.
Industry insiders say that the reasons for the intensive landing of electrolyte orders this year are mainly twofold: firstly, the previous round of long-term contract orders has gradually expired; Secondly, under the significant changes in the supply and demand relationship of lithium hexafluorophosphate, the industry is concerned about the shortage of lithium hexafluorophosphate, which may lead to supply guarantee risks.
It is worth mentioning that in this round of long-term contract orders for electrolyte or lithium hexafluorophosphate, there is no "price lock". Tianci Materials stated in its performance briefing on October 30th that the company's electrolyte product quotation is linked to lithium hexafluorophosphate. Different customers will adjust their prices based on past price situations and refer to third-party quotation ranges to adjust with market prices. Some long-term contract orders will also be re priced with customers according to changes in market prices.