Movement Alert｜TIANQI LITHIUM Rises 3.29% in Regular Trading, Technical Rebound Following Prior Session Selloff Despite Record H1 Earnings

On September 3, TIANQI LITHIUM rose 3.29% in regular trading, trading at HKD 37.64/share, with turnover of HKD 63.92 million. The stock rebounded after both its H-share and A-share listings recorded declines exceeding 3% in the prior session.

The rebound comes amid strong fundamental support from the company's H1 results disclosed on August 27. TIANQI LITHIUM reported revenue of RMB 122.42 billion for the first half, up 153.32% year-over-year, while net profit attributable to shareholders surged approximately 49-fold to RMB 42.42 billion, driven by higher lithium product prices and increased sales volumes. Lithium concentrate gross margin reached 74.19%. Second-quarter net profit alone hit RMB 23.66 billion, up 26% sequentially. JPMorgan recently raised its stake in TIANQI LITHIUM H-shares to 11.17%.

However, headwinds persist. The resumption of lithium battery consumption tax at a 4% rate from September is expected to raise costs for battery manufacturers, while progress on Jiangxi lithium mine restarts — notably the massive Jiangxiawo deposit with annual capacity of approximately 100,000 tonnes of lithium carbonate — continues to fuel supply expansion concerns, capping 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.)