On September 1, GANFENGLITHIUM fell 3.13% in regular trading, trading at HKD 39.86/share, with turnover of HKD 133 million, extending a streak of consecutive session declines.

On the news front, although the company disclosed a strong H1 report on August 28 — with revenue reaching RMB 23.10 billion, up 175.75% year-over-year, and net profit attributable to shareholders of RMB 4.257 billion, swinging from a loss of RMB 531 million in the prior-year period for an increase of 901.36% — lithium carbonate spot prices have continued retreating from Q2 highs to approximately RMB 150,000 per tonne. As a cyclical stock, the market prices GANFENGLITHIUM on marginal commodity trends rather than backward-looking earnings, limiting the ability of historical results to offset forward-looking price weakness. Additionally, the pending environmental assessment for CATL-affiliated Yichun lithium mine signals potential new supply, adding further pressure. Peer TIANQI LITHIUM also fell 1.06% on the same day, reflecting broad-based sector weakness across the Specialty Chemicals space, where DONGYUE GROUP declined 3.38% and HUABAO INTL dropped 1.89%.

(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.)