Gelonghui, May 28 | Changjiang Securities Research Report pointed out that lithium prices declined at an accelerated pace, Ganfeng Lithium (002460.SZ) profits in '23 were under pressure, smelting costs were inverted, and 23Q4 lost money for the first time. Looking ahead to 2024, the company will usher in a resource harvesting period, the self-supply rate is expected to continue to increase, and comprehensive costs are expected to improve. With the improvement in MTMarion's cost, the amount of low-cost CO salt lake climbing, and the commissioning of the Goulamina project in Mali, the company's own resource production is expected to increase further, the level of self-supply rate will continue to rise, and the cost of self-supply of resources is expected to decrease year-on-year. At the same time, as lithium prices stabilize and the concentrate pricing mechanism shifts to M+1, the company's profit is expected to improve to some extent.