智通财经网·2025-12-29 06:59Group 1 - Lithium stocks are declining, with Tianqi Lithium down 3.51% at HKD 50.85 and Ganfeng Lithium down 3.03% at HKD 54.35 [1] - On December 29, the main contract for lithium carbonate on the Shanghai Futures Exchange continued to decline, hitting the limit down at the close [1] - CATL announced at its supplier conference on December 28 that it plans to significantly apply sodium batteries in various fields by 2026, indicating a potential trend of "sodium-lithium dual stars" [1] Group 2 - Yichun Times New Energy Mining Co.'s lithium mining project in Jiangxi province is expected to resume production around the Spring Festival [1] - Daiwa Research believes that while the market anticipates an increase in CATL's lithium production capacity next year, current lithium futures prices only reflect short-term supply-demand balance improvements [1] - The firm expects an increase in lithium supply in the first half of next year and a potential quarter-on-quarter decline in demand in the first quarter, suggesting that lithium prices may struggle to rise further in early next year [1]