Jin Rong Jie·2025-11-28 08:26Core Viewpoint - Tianqi Lithium Industries (09696) has seen a stock price increase of over 3%, currently at HKD 49.26, with a trading volume of HKD 189 million, following positive industry insights and a significant technological breakthrough in lithium sulfide for solid-state batteries [1] Industry Summary - The "2025 Second China International Lithium Industry Conference" commenced in Chengdu on November 24, where the industry outlook was positively assessed, indicating a "recovery" in supply and demand dynamics [1] - Pacific Securities previously indicated that global lithium battery production is expected to exceed 1000 GWh in the first three quarters of 2025, leading to sustained strong demand for lithium carbonate, with prices stabilizing and fluctuating at the bottom [1] Company Summary - Tianqi Lithium has disclosed a groundbreaking technological advancement in lithium sulfide, a core material for solid-state batteries, marking a strategic shift from "resource and processing" to "cutting-edge new material research and development" [1] - The company is accelerating the construction of a pilot line for lithium sulfide with an annual production capacity of 50 tons, expected to be completed in the second half of 2026 [1]