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2026-07-14 16:36:11
Ganfeng Lithium: Net Profit Expected for First Half of 2026 to Be RMB 3.65 Billion to RMB 4.6 Billion, Turning Around from Loss to Profit Year-on-Year. Ganfeng Lithium announced that it expects its net profit for the first half of 2026 to be between RMB 3.65 billion and RMB 4.6 billion, compared to a loss of RMB 531 million in the same period last year. During the reporting period, benefiting from the rapid development of the global new energy industry and the increased demand for lithium salts from downstream customers, the company's lithium salt product sales prices rose significantly compared to the same period last year. At the same time, with the gradual release of production capacity from lithium resource projects, the company's cost structure was effectively optimized. Coupled with the continued growth in demand in the energy storage market, the production and sales volume of the lithium battery segment increased significantly, jointly driving the company's year-on-year operating performance growth.
