Ganfeng Lithium Group Co.,Ltd. (002460.SZ) has released its preliminary earnings forecast for the first quarter of 2026. The company expects net profit attributable to shareholders to be between 1.6 billion and 2.1 billion yuan, marking a significant turnaround to profitability. After excluding non-recurring gains and losses, net profit is projected to range from 1.25 billion to 1.75 billion yuan. During the reporting period, the company benefited from the rapid global expansion of the new energy industry, which drove strong growth in demand for lithium compounds from downstream customers. The average selling price of the company's lithium products increased substantially compared to the same period last year. Furthermore, as production capacity at the company's lithium resource projects came online, its cost structure continued to improve. Coupled with sustained growth in the power battery and energy storage markets, production and sales volumes in the lithium battery segment increased notably, leading to a year-on-year improvement in the company's operating performance.