Core Viewpoint - The report from Citigroup indicates that commodity prices have significantly increased and appear to be stabilizing at higher levels, positively impacting the basic materials sector, particularly aluminum, copper, and lithium suppliers [1] Company Summary - Jiantao Laminated Board (01888) saw its stock price rise by over 8%, reaching HKD 15.9 with a trading volume of HKD 311 million [1] - Citigroup forecasts that Jiantao Laminated Board's core profit growth will accelerate significantly during the copper price upcycle, with growth rates expected to jump from 10% year-on-year in the first half of 2025 to approximately 58% in the second half, and further achieve 57% growth in 2026 [1] - The forecast does not account for potential contributions from the company's AI glass fiber business [1] Industry Summary - The basic materials industry is identified as a major beneficiary of rising commodity prices, particularly for copper, which is expected to enhance the profit margins of copper-clad laminate (CCL) manufacturers like Jiantao Laminated Board [1] - Citigroup notes that due to the high concentration in the copper-clad panel industry, leading companies can leverage their technological and cost advantages to pass on raw material price increases to downstream printed circuit board customers [1]