Analysis of Huasheng Lithium's (688353) Strong Performance: Driven by Product Price Increases and Industry Recovery

Jiangsu Huasheng Lithium Battery Material Co., Ltd. (688353) is a STAR Market listed company focusing on the R&D, production and sales of lithium battery electrolyte additives. It was listed on July 13, 2022, and its headquarters is located in Jiangsu Yangtze River International Chemical Industrial Park.

The company’s stock price has performed strongly recently, rising for several consecutive days with a significant cumulative increase in the period [2]. As of November 17, 2025, the turnover reached 428 million yuan, and the main funds had a net outflow of 6.4432 million yuan [1]. Previously, the company’s stock price reversed from a drop of over 10% to a rise of over 10%, becoming a focus target in the lithium battery industry chain [2].

1. Product Price Surge
   : The price of VC (Vinylene Carbonate), a core additive for lithium battery electrolytes, rose by 25,000 yuan/ton in a single week, with an average transaction price of 132,500 yuan/ton and a maximum transaction price of 200,000 yuan/ton [4]. Prices of other additives such as FEC also rose simultaneously, directly boosting the company’s profit margin expectations.
2. Industry Chain Prosperity Recovery
   : The growth in energy storage demand has driven the overall recovery of the lithium battery industry chain, the price of lithium hexafluorophosphate has doubled, and the industry as a whole has entered an upward cycle [4].
3. Institutional Holdings Support
   : One fund under Yuanxin Yongfeng Fund holds a heavy position of 497,600 shares in the company, accounting for 5.15% of the fund’s net value, showing institutional confidence in the company’s prospects [3].

Recently, the lithium battery industry chain has seen a wave of limit-up, the lithium ore concept sector has performed strongly, with individual stocks such as Shengxin Lithium Energy and Jinyuan Co., Ltd. hitting the limit-up, and Tianqi Lithium soaring [5]. As a leader in electrolyte additives, Huasheng Lithium benefits from the recovery of the entire industry chain and has become a leading target sought after by capital [2].

Although the company has performed strongly recently, attention should be paid to the risk of short-term stock price fluctuations. On November 17, the company’s stock price fell by 3.05%, and the main funds had a net outflow, reminding investors to pay attention to changes in market sentiment [1].