Anhui Truchum materials reports strong Q3 profit growth, asset management

Anhui Truchum Advanced Materials & Technology announced a substantial 2,089.49% increase in net profit attributable to shareholders for the first three quarters of 2025, reaching 355,169,766.73 yuan. This growth was accompanied by an 8.46% rise in Q3 operating revenue and a 13.29% increase for the first nine months of 2025, totaling 44,191,348,861.10 yuan. The company’s total assets also grew by 15.63% to 22,035,105,209.19 yuan by September 30, 2025.

The company's board approved the Q3 2025 report and a proposal to accrue asset impairment provisions for the first three quarters of 2025. These provisions, totaling 44,285,000 yuan, align with accounting standards and conservative financial principles, reflecting a comprehensive assessment of asset values. The adjustments primarily involve provisions for accounts receivable, notes receivable, other receivables, contract assets, and inventory, reducing the total profit for the first three quarters by 44,285,000 yuan.

Additionally, the company finalized the redemption and delisting of its "Truchum Convertible Bonds" on August 22, 2025. This action ensures the company’s capital structure optimization. The third and fourth phases of employee stock ownership plans have also been extended to March 5, 2026, and June 1, 2026, respectively, demonstrating a continued commitment to employee incentives.