HK Stock Market Move | Ganfeng Lithium Group (01772) rose nearly 6%, with a year-on-year turnaround from loss to profit in 25 years, and plans to increase capital for its subsidiary battery company.

Ganfeng Lithium Group (01772) rose nearly 6%, as of the time of writing, it rose by 5.65% to 5.8 Hong Kong dollars, with a turnover of 342 million Hong Kong dollars. On the news front, on March 31, Ganfeng Lithium Group announced its performance for 2025, with operating income of approximately 23.082 billion yuan, a year-on-year increase of 22.08%; net profit attributable to shareholders of the listed company was approximately 1.613 billion yuan, turning losses into profits year-on-year; basic earnings per share was 0.8 yuan, and it plans to distribute cash dividends of 1.5 yuan (tax included) per 10 shares. Macquarie released a research report stating that Ganfeng Lithium Group's net profit for 2025 was 1.613 billion yuan, close to the upper limit of profit expectations. The company plans to increase capital for its battery subsidiary to further expand downstream battery business. The bank believes that the battery business will be another driver of revenue and profit growth beyond lithium. At the same time, the bank expects lithium prices to be supported, mainly due to China's promotion of energy storage capacity electricity price policies, which are expected to improve profitability and drive further construction of energy storage stations. In addition, supply disruptions in Jiangxi and Zimbabwe are causing supply to tighten.