Ge Long Hui·2025-10-15 07:53Group 1 - The core viewpoint of the report indicates that Salt Lake Industry is expected to achieve a net profit attributable to shareholders of 4.3-4.7 billion yuan, representing a year-on-year growth of 36.9%-49.6% [1] - For Q3 2025, the company anticipates a quarterly net profit attributable to shareholders of 1.8-2.2 billion yuan, reflecting a year-on-year increase of 93.8%-136.8% and a quarter-on-quarter growth of 31.3%-60.5% [1] - The performance in Q3 2025 is expected to exceed expectations due to rising prices and volumes of potassium chloride, benefiting from global supply tightness caused by overseas production cuts [1] Group 2 - The report highlights that the increase in potassium chloride prices is likely to be sustained at high levels, leading to an upward revision of the company's profit forecasts for 2025-2027 [1] - The company maintains a "buy" rating based on its strong market position as a leading domestic potassium chloride producer [1]