Both "dual giants" suffered huge losses, with GANFENGLITHIUM expected to incur a loss of over 1.4 billion in 2024 | Interpretations

① GANFENGLITHIUM expects a net loss of 1.4 billion to -2.1 billion yuan last year, compared to a net income of 4.95 billion yuan in the same period last year; ② GANFENGLITHIUM stated that the performance change was mainly affected by the decline in sales prices of lithium salts and Lithium Battery products, the decline in the prices of financial assets held by the company, and additionally, the company made provisions for depreciation of inventory and other related Assets; ③ Known as the "Twin Heroes", both Tianqi Lithium Corporation and GANFENGLITHIUM have encountered losses, resulting in their worst performance since going public.

cls.cnJan 24 10:22 ET

【Data Observation】Institutions are buying multiple AI Asia Vets Concept stocks, with retail investors and Algo working together to aggressively acquire Anhui Xinke New Materials.

① AI Concept stocks surged, with multiple stocks receiving Buy from Institutions, among which Hand Enterprise Solutions received 0.179 billion from Institutions. ② The Copper connection Concept stock Anhui Xinke New Materials received over 0.3 billion from three leading speculative positions and nearly 100 million from two Algo positions.

cls.cnJan 24 04:49 ET

Year-on-year loss reversal, Tianqi Lithium Corporation is expected to lose over 7 billion in 2024 and plans to terminate the construction of the second phase lithium hydroxide project in Australia | Interpretations

① Tianqi Lithium Corporation expects a net loss of 7.1 billion yuan to -8.2 billion yuan in 2024, compared to a profit of 7.297 billion yuan in the same period last year; ② The company states that the reasons for the performance change are mainly the decline in lithium product prices and mismatch in pricing mechanisms, a drop in performance from the important associate company SQM, as well as an increase in asset impairment losses and foreign exchange losses; ③ The company plans to terminate the investment in the second phase of the lithium hydroxide project in Australia.

cls.cnJan 23 10:57 ET

The rise in gold and antimony prices, along with the completion of overseas projects, leads Tibet Huayu Mining to expect a net profit growth of over three times year-on-year in 2024 | Interpretations.

① Tibet Huayu Mining expects a Net income for 2024 to be between 0.275 billion yuan and 0.335 billion yuan, which represents an increase of 0.201 billion yuan to 0.261 billion yuan compared to the same period last year, with a year-on-year increase of 272.19% to 353.39%. ② The overseas subsidiary "Tower Aluminum Industry" of the company, Kangqiao Qijin, has improved its Operation capacity in the antimony project, benefiting from both price and volume increases, resulting in enhanced profitability.

cls.cnJan 23 09:55 ET

Last year's net profit is expected to increase by more than 70%. Aluminum Corporation Of China achieved its best performance since going public. Industry insiders believe that aluminum prices will continue to rise.| Interpretations

① Aluminum Corporation Of China expects a net profit growth of over 70% year-on-year in 2024, achieving the best annual performance since its listing; ② Industry insiders predict that aluminum prices will continue to rise in 2025.

cls.cnJan 23 09:46 ET

The net profit in 2024 is expected to reach 32 billion yuan, with Zijin Mining Group achieving its best performance since listing. Production expectations for 2025 are anticipated to decline slightly | Interpretations

① Zijin Mining Group's net profit is expected to increase by more than 50% in 2024, achieving the best annual performance since its listing; ② The company's recently announced production plan for 2025 has substantially reduced growth expectations compared to previous forecasts.

cls.cnJan 21 10:20 ET