Gotion High-tech has announced that its net income attributable to shareholders for 2025 is expected to reach between RMB 2.5 billion and RMB 3 billion, more than doubling from the previous year.
This projected increase of 107.16 percent to 148.59 percent is largely driven by a non-recurring gain of about RMB 1.7 billion arising from changes in the fair value of its 1.66 percent stake in Chery Auto following Chery’s Hong Kong listing in September. That initial public offering raised HK$9.14 billion and represented the largest automotive IPO in Hong Kong in 2025.
After excluding this one-off gain, Gotion’s underlying net income is forecast to range from RMB 350 million to RMB 450 million, reflecting growth of 33.31 percent to 71.40 percent year-on-year.
Gotion attributed its core business performance to strong demand for new energy vehicles and energy storage solutions. In particular, sales of its next-generation, high-energy-density lithium iron phosphate battery products have surged.
According to data from the China Automotive Battery Innovation Alliance, Gotion ranked fourth among domestic battery suppliers in 2025, installing 43.44 GWh of electric-vehicle batteries and capturing a 5.65 percent market share. Leading the market was Contemporary Amperex Technology, followed by BYD and CALB.
Gotion serves as a key supplier to Chery’s electric vehicle lineup, providing battery cells for premium series models including the Sterra and Fulwin.
Source: CNEV Post
