Tianqi Lithium expects a loss of 3.6 billion to 4.3 billion yuan in the first quarter

Recently, lithium giant Tianqi Lithium released its first quarter financial report, with an estimated loss of 3.6 billion to 4.3 billion yuan, compared with a profit of 4.875 billion yuan in the same period last year. Compared with the fourth quarter of 2023, Tianqi Lithium's net loss further expanded from 801 million yuan. This situation has attracted the attention of the Shenzhen Stock Exchange, which has asked Tianqi Lithium to explain in detail the reasons for the expansion of losses and the specific circumstances and progress of the SQM tax dispute ruling.