Ganfeng Lithium's inventory risk in the first half of 2025

By the end of the first half of 2025, inventory reached 4.269 billion yuan, an increase of 1.746 billion yuan, or 69.2%, from the end of 2024. Ganfeng Lithium stated that lithium salt inventory is low, with only a week's supply estimated at approximately 2,500 tons, worth approximately 200 million yuan. Lithium battery product inventory is nearly 4 billion yuan, far exceeding sales in the first half of the year.