Core Viewpoint - Ganfeng Lithium (01772) announced the resignation of Mr. Zhang Qichang as the company secretary, authorized representative, and legal process document agent, effective March 30, 2026 [1] Group 1 - Mr. Zhang Qichang has resigned from his positions within the company [1] - Ms. Liao Yilin and Ms. Wen Yongyi have been appointed as joint company secretaries [1] - Ms. Wen Yongyi has also been appointed as the authorized representative and legal process document agent [1]

Core Viewpoint - Ganfeng Lithium Co., Ltd. reported significant growth in revenue and net profit for the fiscal year 2025, indicating strong operational performance and financial health [1] Financial Performance - The company achieved an operating revenue of 23.082 billion yuan in 2025, representing a year-on-year increase of 22.08% [1] - The net profit attributable to shareholders reached 1.613 billion yuan, marking a substantial year-on-year growth of 177.77% [1] Asset and Equity Growth - As of the end of 2025, the total assets of the company amounted to 113.258 billion yuan, which is a 12.32% increase compared to the previous year [1] - The net assets attributable to shareholders were reported at 45.145 billion yuan, reflecting an 8.05% growth from the end of the previous year [1] Dividend Distribution - The company declared a cash dividend of 1.5 yuan for every 10 shares to all shareholders [1]

Group 1 - Ganfeng Lithium reached the daily limit increase, with a transaction amount of 7.765 billion yuan [1] - Ganfeng Lithium's Hong Kong stock rose over 10.07%, closing at 74.85 HKD [1]

Group 1 - Lithium stocks showed strong performance in the afternoon trading session, with Ganfeng Lithium (01772) rising by 8.90% to HKD 74.05 [2][4] - Tianqi Lithium (09696) also experienced an increase, climbing by 6.27% to HKD 47.80 [2][4]

Group 1: Lithium Industry - Lithium stocks continue to rebound, with Ganfeng Lithium (01772) up 6.99% and Tianqi Lithium (09696) up 4.36%. The average price of battery-grade lithium carbonate and industrial-grade lithium carbonate increased by 1,000 RMB/ton to 147,500 RMB/ton and 144,500 RMB/ton respectively [1] Group 2: Food Industry - Haitian Flavoring (03288) rose over 7%, reporting a revenue of 28.873 billion RMB for 2025, a year-on-year increase of 7.3%. The main business revenue from condiments grew by 9.04%, with a gross profit increase of 16.9% and a net profit increase of 10.95% [1] - Haidilao (06862) increased by over 6%, achieving a revenue of 43.225 billion RMB for 2025, a 1.1% year-on-year growth. The core operating profit and net profit attributable to shareholders were 5.103 billion RMB and 4.05 billion RMB respectively, with a dividend yield of 5.08% [3] - Zhou Hei Ya (01458) saw a rise of over 12%, reporting a revenue of 2.536 billion RMB for 2025, a 3.5% increase year-on-year, and a net profit attributable to shareholders of 157 million RMB, up 59.6% [3] Group 3: Technology and Healthcare - Yuan Guang Technology (02605) surged over 21%, with a revenue of 206 million RMB and an adjusted net profit of 40.69 million RMB for the year. The flagship product "Che Lai Le" expanded to 488 cities, with over 334 million cumulative users [1] - Hualing Pharmaceutical-B (02552) increased by over 10%, reporting a significant breakthrough in financial performance with a net sales of 492.9 million RMB, a 93% year-on-year increase, and a product sales volume of 4.011 million boxes, up 91% [4] - Fuhong Hanlin (02696) rose nearly 7%, announcing the completion of the first patient dosing in a clinical study for HLX701 in China [4] Group 4: Gold Industry - Hanwang Gold (03788) increased by over 10%, planning to acquire the remaining 9.56% stake in Hanwang Gold Limited for 814.6 million HKD, which will give the company 100% ownership of high-value gold assets in Australia [2] Group 5: U.S. Market Highlights - MillerKnoll (MLKN.US) fell 22.37% after reporting adjusted earnings of $0.43 per share, below analyst expectations [5] - Best Buy (BBY.US) rose 4.65% amid speculation of a potential acquisition by GameStop [5] - Navan (NAVN.US) surged 43.28% after reporting a revenue of $17.79 million, exceeding expectations [5]

Group 1 - The Hong Kong lithium sector continues its recent rebound, with Ganfeng Lithium (01772.HK) rising by 6.03% to HKD 69.5 [1] - Tianqi Lithium (09696.HK) also saw an increase of 2.76%, reaching HKD 46.22 [1]

Core Viewpoint - Ganfeng Lithium (01772) announced the resignation of Ms. Xu Yixin as an independent non-executive director and proposed the appointment of Mr. Xu Jianzhang as an independent non-executive director, effective from March 23, 2026 [1] Group 1 - Ms. Xu Yixin's resignation is due to the expiration of her term, and Mr. Xu Jianzhang has been elected as an independent non-executive director at the extraordinary general meeting scheduled for March 11, 2026 [1] - Following Ms. Xu Yixin's resignation, Mr. Xu Jianzhang will also serve as the chairman of the board's remuneration and assessment committee starting from March 23, 2026 [1] - Mr. Xu Guanghua, who has served as an independent non-executive director since March 24, 2020, will also resign on March 23, 2026, after completing his six-year term [1] Group 2 - Mr. Xu Guanghua will continue to fulfill his responsibilities as an independent non-executive director, nomination committee chairman, and audit committee member until the new independent non-executive director is elected at the next shareholders' meeting [1]

Group 1 - JPMorgan Chase & Co. reduced its holdings in Ganfeng Lithium (01772.HK) by selling 1.247 million shares at an average price of HKD 60.0492 per share, totaling approximately HKD 74.8894 million [1] - After the reduction, JPMorgan's total holdings in Ganfeng Lithium decreased to 27.743 million shares, representing a decline in ownership from 6.00% to 5.74% [1]

Group 1 - JPMorgan reduced its stake in Ganfeng Lithium (002460)(01772) by 1,247,134 shares at a price of HKD 60.0492 per share, totaling approximately HKD 74.8894 million [1] - After the reduction, JPMorgan's remaining shareholding is approximately 27,743,100 shares, representing a stake of 5.74% [1]

Group 1 - On March 5, JPMorgan reduced its stake in Ganfeng Lithium (01772) by 1,247,134 shares at a price of HKD 60.0492 per share, totaling approximately HKD 74.8894 million [1] - After the reduction, JPMorgan's latest holding is approximately 27,743,100 shares, representing a holding percentage of 5.74% [1]