HK Stock Market Move | Jiangsu Lopal Tech. Group (02465) rose more than 3%. It is reported that leading companies in the industry are preparing to adjust prices. The company is optimistic about the future price trend of lithium iron phosphate.

Jiangsu Lopal Tech. Group (02465) rose more than 3%, as of the publication, up by 3.15% to 14.74 Hong Kong dollars, with a turnover of 84.34 million Hong Kong dollars. On the news front, according to market media reports, several leading lithium iron phosphate companies have proposed price increases. Two top lithium iron phosphate manufacturers plan to raise processing fees for their entire range of products by 3000 yuan/ton starting from 2026, attracting market attention. Jiangsu Lopal Tech. Group stated on the investor interaction platform that there is indeed a trend of price increases in the industry recently, and the company's sales staff are actively communicating with customers about the reasons for the price hikes. The staff member stated that with the rise in raw material prices for lithium iron phosphate and the pressure on profit margins in the industry, coupled with continued expansion in market demand, price increases are an inevitable trend in the industry, and the company is optimistic about the future price trends for lithium iron phosphate. An analyst from Sublime China Information stated that 2025 will be a key turning point year for the development of the lithium iron phosphate industry, as explosive growth in demand contrasts sharply with structural contradictions on the supply side, resulting in a special pattern of high growth and low profitability in the industry. With the implementation of the "anti-internal competition" initiative, accelerated technological upgrades, and improvements in the supply-demand structure, the lithium iron phosphate industry will gradually move away from vicious competition, entering a new stage focused on technology and value, with positive changes in prices, supply and demand, and industry prospects.