Core Viewpoint - Lithium stocks experienced a significant rise, with Tianqi Lithium Industries up 4.11% and Ganfeng Lithium up 3.21%, driven by increasing demand for lithium materials in renewable energy and electric vehicles [1] Industry Summary - The chairman of Tianqi Lithium, Jiang Anqi, stated that the demand for lithium materials is expected to continue rising due to the rapid growth in renewable energy integration and electrification of commercial heavy-duty vehicles [1] - Global lithium demand is projected to reach 2 million tons of lithium carbonate equivalent by 2026, indicating a near balance between supply and demand [1] - The improvement in the supply-demand dynamics of the lithium industry is expected to eliminate homogeneous competition, providing greater development opportunities for companies [1] Company Summary - Ganfeng Lithium's chairman, Li Liangbin, predicted a 30% increase in lithium carbonate demand by 2026, reaching 1.9 million tons, with supply capacity expected to grow by approximately 250,000 tons [1] - If demand growth exceeds 30%, potentially reaching 40%, short-term supply may not balance, leading to a possible price increase of lithium carbonate to 150,000 to 200,000 yuan per ton [1]