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Tianqi Lithium: Expected net profit in the first quarter of 2026 to increase by 1,530.31% to 1,818.01% year-on-year
Tianqi Lithium announcement: The company expects that its net profit for the first quarter of 2026 will be RMB 1.7 billion to RMB 2.0 billion, representing a year-on-year increase of 1,530.31% to 1,818.01%. It is expected that the operating revenue for this reporting period will rise significantly compared with the same period last year. Driven by multiple favorable factors including the development of the new energy industry and the growth of downstream demand, the average selling prices of the company’s main lithium products during this reporting period are expected to increase markedly compared with the same period last year.