Ganfeng Lithium Group Co., Ltd. (Ganfeng Lithium) released a positive profit alert for the six months ended 30 June 2026, projecting a sharp turnaround from last year’s interim loss.

For the Reporting Period, management estimates: • Net profit attributable to shareholders at RMB3.65 billion–4.60 billion, a swing from the RMB0.53 billion loss in H1 2025 and implying year-on-year growth of approximately 787.07%–965.90%. • Net profit after deducting non-recurring items at RMB3.00 billion–4.20 billion versus a RMB0.91 billion loss a year earlier, marking a 428.64%–560.10% improvement. • Basic earnings per share at RMB1.75–2.20, compared with a RMB0.27 loss per share in the prior-year period.

Management attributes the expected surge in profitability to two main drivers:

1. Core Operations: – Rapid growth in the global new-energy sector lifted lithium-salt demand and selling prices. – Gradual ramp-up of lithium-resource projects optimized cost structures. – Sustained demand in energy-storage markets drove higher output and sales in the lithium-battery segment.

2. Investment and Asset Management: – Partial disposal of the Company’s stake in PLS Group Ltd. generated investment income. – Higher contributions from associates and joint ventures further supported earnings.

Risk Statement: The figures are preliminary, unaudited, and compiled under Chinese Accounting Standards for Business Enterprises. Final unaudited interim results are scheduled for release before the end of August 2026. Shareholders and prospective investors are advised to exercise caution when dealing in the Company’s securities.