智通财经网·2025-12-30 01:38Core Viewpoint - Ganfeng Lithium (01772) experienced a decline of over 4%, trading at HKD 52.55 with a transaction volume of HKD 234 million, following the announcement of a legal case related to insider trading [1] Company Summary - Ganfeng Lithium received a notice from the Yichun Public Security Bureau regarding a prosecution for suspected insider trading, which has been forwarded to the procuratorate for review and prosecution [1] - The company stated that all production and operational activities are currently running normally and that the insider trading case pertains to previously disclosed historical events, which are not expected to impact normal operations [1] - The insider trading allegations are primarily related to stock trading of Jiangte Motor, another company in the lithium battery supply chain [1] Industry Summary - Lithium carbonate prices surged and then fell sharply, with futures dropping nearly 6% to RMB 119,200 per ton [1] - The discussion around sodium-ion batteries has emerged as a new topic, as the significant rise in lithium carbonate prices has made sodium-ion batteries economically viable, particularly for energy storage applications, potentially replacing some lithium battery demand in the future [1] - Overall, lithium carbonate prices are heavily influenced by news and funding, with little change in the fundamental supply-demand dynamics; a slight oversupply of lithium carbonate is expected by 2026 [1]