Ganfeng Lithium: It is expected that the net profit for the first quarter of 2026 will be between 1.6 billion and 2.1 billion, turning losses into profits year-on-year.

Ganfeng Lithium announced that it is expected to have a net profit of 16-21 billion yuan in the first quarter of 2026, compared to a loss of 356 million yuan in the same period last year. During the reporting period, benefiting from the rapid development of the global new energy industry and strong growth in demand for lithium salt from downstream customers, the company's sales prices of lithium salt products have increased significantly compared to the same period last year. In addition, with the release of production capacity of the company's lithium resource projects, the company's cost structure has been continuously optimized. In addition, with the continuous growth of the power battery and energy storage market, the production and sales volume of the lithium battery sector have significantly increased, resulting in a year-on-year increase in the company's operating performance.