On July 28, GANFENGLITHIUM fell 3.39% in regular trading, trading at HK$37.08/share, with turnover of HK$117 million. The decline comes amid continued weakness across the lithium sector driven by persistent supply-side concerns.

Despite the company's recently disclosed H1 earnings forecast showing net profit of RMB 3.65-4.6 billion (a 787%-966% YoY turnaround from a loss of RMB 531 million in the prior period), market sentiment remains pressured by industry headwinds. Carbonate lithium futures have retreated sharply from highs above RMB 200,000/ton in May to below RMB 160,000/ton, as new supply capacity from a major West African lithium processing plant (annual capacity of 3 million tons of ore, equivalent to approximately 30,000 tons of lithium carbonate) and domestic mine restarts have weakened the previously tight supply-demand balance.

Within the Specialty Chemicals sector, the overall tone is negative. Among peers, DONGYUE GROUP down 3.62%, TIANQI LITHIUM down 2.04%, GLOBAL NEW MAT down 0.54%, SANVO CHEMICALS down 0.16%, HUABAO INTL flat.

(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.)