Core Viewpoint - Tianqi Lithium Industries has made significant progress in its Jiangsu Zhangjiagang project, which aims to produce 30,000 tons of battery-grade lithium hydroxide annually, with the first batch of products meeting the required standards by October 17, 2025 [1] Group 1 - The first batch of battery-grade lithium hydroxide has been successfully produced, laying the foundation for continuous mass production [1] - The project will enhance the company's lithium salt processing capacity, thereby improving profitability and the stability of profit growth [1] - The production of the first batch will not have a significant impact on the company's current financial status and operational results [1] Group 2 - The company will continue to optimize the project to achieve stable production and flexible switching to lithium carbonate [2] - Before commercial production can commence, the product must undergo third-party testing and obtain customer certification [2] - The project will require a gradual ramp-up in production capacity, and any issues affecting quality or output may necessitate further process optimization [2]

Core Viewpoint - Tianqi Lithium Industries has made significant progress in its Jiangsu Zhangjiagang project, which aims to produce 30,000 tons of battery-grade lithium hydroxide annually, with the first batch passing internal quality checks and meeting battery-grade standards by October 17, 2025 [1] Group 1 - The project has successfully produced its first bag of battery-grade lithium hydroxide, laying the foundation for subsequent continuous mass production [1] - The company will continue to optimize the project to achieve stable production and flexible switching to lithium carbonate [2] - Once continuous stable production is achieved, the product will undergo third-party testing and require customer certification before commercial production can commence [2] Group 2 - The project will enhance the company's lithium salt processing capacity, improving profitability and the stability of profit growth [1] - Following the commencement of commercial production, the company will gradually increase the load factor to reach design capacity [2] - Any issues affecting quality and output during the ramp-up phase may necessitate further process optimization and technical modifications [2]

Core Viewpoint - Tianqi Lithium Industries announced that its Jiangsu Zhangjiagang project for producing 30,000 tons of battery-grade lithium hydroxide has successfully passed internal laboratory sampling checks, meeting all battery-grade standards [1] Investment and Financial Summary - The total investment for the project is capped at 2 billion yuan, funded through the company's own resources [1] - The project is expected to expand the company's lithium salt processing capacity, enhancing profitability and stability of profit growth [1] Risks and Challenges - The project may face market risks and challenges related to achieving continuous and stable production, which could negatively impact project returns and the company's overall performance [1]