2016-07-12 16:00Profit Forecast Revision - The company revised its net profit forecast for the first half of 2016 to between 720 million and 750 million yuan, representing a year-on-year increase of 1,657.10% to 1,730.31%[3] - The previous forecast estimated a net profit of 600 million to 650 million yuan, indicating a significant upward revision[2] - The increase in profit is primarily attributed to a higher-than-expected rise in lithium product prices during the second quarter[5] Financial Management - Financial expenses related to foreign exchange gains and losses were lower than previously anticipated due to the effective use of hedging tools[5] Caution for Investors - The company emphasizes that the revised forecast is based on preliminary estimates and the final figures will be confirmed in the 2016 semi-annual report[6] - Investors are advised to make cautious decisions and be aware of investment risks[6]