Achieving steady growth in scale and competitiveness, Guangzhou, Guangdong province-based Tinci Materials Technology Co has made significant strides during China's 14th Five-Year Plan period (2021-25).
Riding the rapid expansion of the new energy industry chain, the company said it had seen its revenue grow at the fastest pace since its founding during the five-year period. With a strategy centered on "integration plus globalization", it has expanded upstream integration in electrolytes and extended into cathode materials, resource recycling, and specialty chemicals.
Innovation served as another cornerstone. Over the 14th Five-Year Plan period, the company invested 3.02 billion yuan in R&D, lifting the share of R&D expenditure to revenue from 3.41 percent in 2021 to 6.24 percent in the first half of 2025.
At the same time, Tinci has stepped up its overseas intellectual property management. By the end of June 2025, the company had filed 1,141 patent applications, with 587 granted worldwide.
Strong internal governance and controls also underpinned its progress. The company issued and revised more than 40 corporate governance documents during the period, while the audit and supervision department carried out proactive inspections and real-time oversight of critical projects and tenders. According to the company, no major non-financial internal control deficiencies were reported between 2021 and 2024.
Adopting a combined approach of cash dividends and share buybacks, the company has also placed strong emphasis on delivering reasonable returns to investors. It has distributed 2.696 billion yuan in cash dividends over the past three years — equal to 85.61 percent of its average net profit — while also completing three share repurchase programs worth more than 600 million yuan, data provided by Tinci showed.
Looking ahead, the company said it will continue to sharpen its innovation-driven edge, strengthen global expansion, and build a long-term, sustainable value-creation mechanisms for shareholders, while contributing to the green transformation of the global new energy industry.