Movement Alert|TIANQI LITHIUM Rises 3.14% in Regular Trading, Interim Profit Surge and JPMorgan Stake Increase Boost Sentiment

Market Focus08-26

On August 26, TIANQI LITHIUM rose 3.14% in regular trading, trading at 37.54 HKD/share, with turnover of approximately 70.02 million HKD.

On the news front, the company's board is scheduled to review interim results on August 27, with first-half net profit attributable to shareholders expected to reach 2.85 billion to 4.25 billion yuan, representing year-over-year growth of 3,276% to 4,935%, signaling a significant earnings recovery. Additionally, JPMorgan recently raised its H-share holding from 10.18% to 11.17%, delivering a clear institutional accumulation signal.

Lithium carbonate futures main contract has risen over 15% cumulatively since August, with spot battery-grade lithium carbonate quoted above 151,000 yuan per ton, supported by a tight supply-demand dynamic. Peer GANFENG LITHIUM gained 3.15% on the same day, with the broader sector maintaining strength.

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