Movement Alert｜TIANQI LITHIUM Falls 3.09% in Regular Trading, Lithium Battery Sector Under Pressure as Consumption Tax Resumes

On September 2, TIANQI LITHIUM fell 3.09% in regular trading, trading at 36.38 HKD/share, with turnover of approximately 40.87 million HKD. The broader lithium battery sector came under significant selling pressure, with peer GANFENGLITHIUM declining 4.55% during the same session.

On the news front, the lithium battery consumption tax officially resumed collection starting September, with the current 4% tax rate expected to meaningfully increase the tax burden on battery producers. Market concerns over profit margin compression across the supply chain intensified, weighing on the entire sector. Analysts noted the policy adjustment most directly impacts the power battery manufacturing segment, while vertically integrated automakers with in-house battery capabilities may gain a relative advantage.

Additionally, despite TIANQI LITHIUM reporting strong first-half results with revenue of 12.242 billion yuan and net profit of 4.242 billion yuan, investors remain cautious about second-half headwinds including a potential sequential decline in lithium prices and progress on the Jiangxi Jiangxiawo lithium mine restart, which carries annual lithium carbonate capacity of approximately 100,000 tonnes. These supply-side expansion expectations are constraining valuation recovery.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)