[SMM Analysis of China's LFP Market in April] In April 2025, the price of LFP in China plummeted, while production saw a slight increase compared to expectations, boosted by demand from the NEV sector. It is expected that production will continue to grow in May, but prices will struggle to rise.

By the end of April, YOUNGY released its Q1 2025 performance report. According to the annual report data, the company achieved a total operating revenue of 95.0535 million yuan, up 15.30% YoY. Net profit attributable to shareholders of the publicly listed firm was 20.0339 million yuan, down 28.69% YoY. Regarding the reasons why the company's revenue still achieved a YoY growth of over 15% amid the backdrop of falling lithium prices, YOUNGY stated that the main reason was the smooth implementation of the outsourced processing business for raw ore transportation, which led to an increase in the sales and production of lithium concentrates.

[SMM Analysis: Rising Demand and Falling Costs Lead to Increased Production of Anode Materials in April] SMM reported on May 7: Cost side, the price of graphitisation tolling services remained stable amid the ongoing tug-of-war between supply-demand relationship and cost factors; the price of raw material coke weakened due to sluggish anode procurement demand from traditional industries, ...

In April, Salt Lake Potash Co., Ltd. released its Q1 2025 performance report. According to the announcement, the company achieved total revenue of 3.119 billion yuan in Q1, up 14.50% YoY. Net profit attributable to shareholders of publicly listed firms reached 1.145 billion yuan, up 22.52% YoY. Regarding the reasons for the company's performance growth, Salt Lake Potash Co., Ltd. stated that the production and sales of its core products, potassium chloride and lithium carbonate, remained stable. Potassium chloride production was approximately 964,900 mt, with sales of approximately 891,100 mt. Lithium carbonate production was approximately 8,514 mt, with sales of approximately 8,124 mt. Among these, potassium chloride, as one of the company's main revenue sources, was significantly affected by factors such as market supply-demand relationship, leading to a notable increase in market prices, which in turn drove the company's performance growth compared to the same period last year.

At the 2025 (10th) New Energy Industry Expo - New Energy PV ESS Forum hosted by SMM Information & Technology Co., Ltd. (SMM), Liu Guohua, Chief Engineer of the EPC Division of the Power Grid Engineering Company of Northwest Electric Power Design Institute Co., Ltd. under China Power Engineering Consulting Group, shared insights on the topic "Zero-Carbon Industrial Parks: The Next Main Battlefield for Energy Storage."

At the CLNB 2025 (10th) New Energy Industry Chain Expo - Academician & Top-tier Entrepreneur Forum hosted by SMM Information & Technology Co., Ltd. (SMM), Liangbin Li, Chairman of Jiangxi Ganfeng Lithium Co., Ltd., delivered a speech centered on the theme of "Focusing on Sustainable Development and Practicing Long-termism."