According to the Zhito Finance App, CITIC Lyon released a research report stating that it maintains a "hold" rating on ganfenglithium (01772) and is confident in the company's delivery volumes for this year and next, but still needs to wait for more demand catalysts to achieve a potential re-rating.

CITIC Lyon's Australia metal and mining team pointed out that due to supply constraints at ganfenglithium, the structural price floor for lithium carbonate is 0.07 million yuan per ton. The report states that as supply becomes tighter, if demand in china accelerates again due to stimulus measures, the risk of price increases will rise.