TINCI(SZ:002709) Di Yi Cai Jing·2025-12-08 11:20Core Viewpoint - The price of lithium hexafluorophosphate, a key raw material for lithium-ion batteries, has surged over 280% from its low point this year due to supply-demand imbalance expectations, impacting the stock performance of Tianqi Materials [1][3] Group 1: Company Developments - Tianqi Materials announced that its controlling shareholder, Xu Jinfeng, voluntarily committed not to reduce his shareholding for six months, citing confidence in the company's future development and long-term investment value [1] - Following the announcement of the shareholding commitment, Tianqi Materials' stock price rose by 3.14% to 39.80 CNY per share, with a market capitalization exceeding 80 billion CNY [1] - The company had previously disclosed plans for senior executives to reduce their holdings, with a total of up to 92,400 shares to be sold [3] Group 2: Market Conditions - The price of lithium hexafluorophosphate has reached 180,000 CNY per ton, marking a nearly 50% increase in the past month and over 280% from the year's low of approximately 47,000 CNY per ton [3] - The lithium battery sector, particularly electrolyte-related stocks, has seen strong performance this year, with Tianqi Materials' stock price increasing over 90% year-to-date and over 65% in the last 60 trading days [3] Group 3: Production Capacity and Orders - Tianqi Materials currently has an electrolyte production capacity of approximately 850,000 tons and a lithium hexafluorophosphate production capacity of about 110,000 tons [4] - The company has secured long-term orders exceeding 2.9 million tons since July, with significant orders from various clients including 550,000 tons from Chuangneng New Energy and 800,000 tons from Ruipu Lanjun [5]