Evening Focus on A-shares | Lithium battery industry chain performance explodes! Net profit of 4 companies in the first quarter increased more than 10 times.

1. Lithium battery industry chain listed companies achieve explosive performance! Four companies' net profits increase more than 10 times in the first quarter Importance: On April 27th, several A-share companies in the lithium battery industry chain announced that their first-quarter net profits increased by more than 10 times compared to the same period last year. Among them: Tianqi Lithium Corporation: The first-quarter net profit increased by 1699%, mainly due to a significant increase in the average selling price of lithium products compared to the same period last year; Guangzhou Tinci Materials Technology: The first-quarter net profit increased by 1006%, with the performance change mainly attributed to the increase in the price and sales volume of lithium-ion battery materials during the reporting period; Hunan Yuneng New Energy Battery Material: The first-quarter net profit increased by 1338%, driven by the rise in prices of materials such as lithium carbonate leading to an increase in product selling prices; YOUNGY Co., Ltd.: The first-quarter net profit increased by 1296%, with the performance change mainly attributed to the increase in sales volume and price of lithium concentrates during the reporting period. 2. Ministry of Finance: Appreciates Moody's decision to maintain China's sovereign credit rating and revise the outlook to "stable" Importance: Recently, officials from the Ministry of Finance were interviewed by reporters regarding Moody's decision to maintain China's sovereign credit rating at "A1" and revise the outlook to "stable." Reporter: On April 27th, Moody's International Credit Rating Agency issued a report deciding to maintain China's sovereign credit rating at "A1" and upgrade the outlook to "stable." What is the Ministry of Finance's view on this? The Ministry of Finance appreciates Moody's decision to maintain China's sovereign credit rating and revise the outlook to "stable." This rating reflects Moody's high recognition of China's macroeconomic and fiscal strength in the face of external shocks, as well as the new momentum and progress in China's high-quality economic development. 3. Ministry of Foreign Affairs responds to US sanctions on Chinese companies: China will resolutely defend the legitimate rights and interests of its enterprises Importance: On April 27th, Foreign Ministry spokesperson Lin Jian presided over a routine press conference. A Bloomberg reporter asked about the US sanctions imposed on a Chinese private oil refining company due to its links with Iran, with the US Treasury Department announcing last Friday the inclusion of the Chinese company in the "Special Designated Nationals List" (SDN). What is the Ministry of Foreign Affairs comment on this? Lin Jian stated that China consistently opposes unlawful unilateral sanctions lacking international legal basis and urges the US to stop the practice of imposing sanctions and extraterritorial jurisdiction indiscriminately. China will resolutely defend the legitimate rights and interests of its enterprises. (For the rest of the translation, kindly provide additional credits to proceed further.)