2025-04-23 09:40Financial Performance Forecast - The estimated net profit for Q1 2025 is projected to be between 82 million and 123 million CNY, a significant recovery from a loss of approximately 389.68 million CNY in the same period last year[1]. - The net profit after deducting non-recurring gains and losses is expected to be between 32 million and 48 million CNY, compared to a loss of about 391.67 million CNY in the previous year[1]. - Basic earnings per share are anticipated to be between 0.05 CNY and 0.08 CNY, recovering from a loss of 2.38 CNY per share in the same quarter last year[1]. - The investment income from the joint venture Sociedad Química y Minera de Chile S.A. (SQM) is expected to increase compared to the previous year, based on Bloomberg's forecast of SQM's Q1 2025 earnings[5]. - The company emphasizes that the performance forecast is preliminary and subject to change, pending the final audited results to be disclosed in the Q1 2025 report[6]. Market and Operational Factors - The decline in lithium product sales prices was offset by improved pricing mechanisms and production cost management, leading to increased production and sales volumes of lithium compounds and derivatives[3]. - The company is actively managing its inventory and production costs to align with the latest procurement prices of lithium concentrate[3]. - The cyclical nature of the non-ferrous metals industry poses risks, including potential adverse effects on business and financial performance due to fluctuations in lithium product prices[7]. Transparency and Reporting - The company will continue to monitor and disclose any significant changes in its financial performance and market conditions in future reports[7]. - All public disclosures are made through designated media, ensuring transparency and compliance with regulatory requirements[7].