Ge Long Hui A P P·2026-01-29 11:20Core Viewpoint - Tianqi Lithium Industries is expected to achieve a net profit of 369 million to 553 million yuan in 2025, indicating a turnaround from losses [1] Group 1: Financial Performance - The company is projected to return to profitability despite fluctuations in the lithium product market, which have led to a decrease in sales prices compared to the same period last year [1] - The expected net profit range for 2025 represents a significant improvement in financial performance [1] Group 2: Operational Factors - The reduction in the pricing cycle for lithium ore from the company's subsidiary, Windfield Holdings Pty Ltd, has positively impacted the company's operations [1] - The pricing mechanism for chemical-grade lithium concentrate from the wholly-owned subsidiary, Talison Lithium Pty Ltd, has seen a significant reduction in the mismatch with the sales pricing mechanism for lithium chemical products [1] Group 3: Cost Management - The production costs of various lithium chemical products are now closely aligned with the latest procurement prices due to the gradual consumption of inventory lithium concentrate and the arrival of newly purchased lithium concentrate [1]