On June 9, Ganfeng Lithium rose 3.33% in regular trading, trading at HKD 56.1/share, with trading volume of HKD 524 million, reversing its prior consecutive decline.

On the news front, multiple leading fund houses including Yinhua Fund, Invesco Great Wall Fund, and Fuanda Fund conducted intensive research visits to the company on June 8. During the interactions, the company disclosed that its energy storage battery business is operating at full production and full sales, with capacity utilization approaching 100% from January to April. The company further noted that current lithium market supply-demand is in a tight balance, and new capacity landing in the second half will further drive lithium resource demand. Additionally, the 588Ah production line is set to commence capacity ramp-up in Q3. The company also highlighted breakthroughs in high-safety low-temperature solid-state lithium batteries, with batch samples already sent to internationally renowned smartphone manufacturers for verification.

Within the Specialty Chemicals sector, peer Tianqi Lithium rose 4.09% on the same day, with the broader lithium sector staging a rebound following weeks of sustained selling pressure.

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