Ganfeng Lithium: The energy storage sector has entered an explosive growth channel, and this trend will continue until 2026.

Ganfeng Lithium released an announcement on the Investor Relations Activity Record Form, stating that the company continues to maintain an optimistic attitude towards the demand side of the lithium industry. After nearly two years of cyclical adjustments and industry sedimentation, the energy storage sector has entered an explosive growth channel, and this trend will continue until 2026. At the same time, emerging electricity consumption scenarios such as AI computing centers and data centers have led to a continuous increase in demand for backup power and energy storage, coupled with a significant increase in the importance of energy independence worldwide, driving additional growth in energy storage demand. In the field of power batteries, geopolitical events in the Middle East have unexpectedly accelerated the electrification process in regions such as Southeast Asia and Australia, leading to a boom in sales of four-wheeled electric vehicles and a noticeable increase in penetration of two-wheeled electric vehicles in the region. From the perspective of the entire life cycle cost, downstream automotive companies have relatively high tolerance for lithium price fluctuations, and high lithium prices have limited substantial impact on the costs of power batteries and whole vehicles, indicating a strong bottom support for lithium prices.