According to reports, production was stopped at the Jianxiawo lithium mine in the Ningde era. Citi commented that this may be part of the Chinese government's anti-domestic countermeasure. It is expected that supply disruptions will push lithium prices up to more than 80,000 yuan per ton in the next few days, then fall back to the 70,000-80,000 yuan/ton trading range. Analyst Jack Shang and others pointed out in the report that assuming that the Ningde era fully bears the cost pressure, the lithium price rises by 10,000 yuan per ton may pose a downside risk of about 4% to the gross margin level of the Ningde era, but it is still manageable. If lithium prices continue to rise unexpectedly, it is expected that battery companies will seek to pass on the cost increase to downstream customers.

According to reports, production was stopped at the Jianxiawo lithium mine in the Ningde era. Citi commented that this may be part of the Chinese government's anti-domestic countermeasure. It is expected that supply disruptions will push lithium prices up to more than 80,000 yuan per ton in the next few days, then fall back to the 70,000-80,000 yuan/ton trading range. Analyst Jack Shang and others pointed out in the report that assuming that the Ningde era fully bears the cost pressure, the lithium price rises by 10,000 yuan per ton may pose a downside risk of about 4% to the gross margin level of the Ningde era, but it is still manageable. If lithium prices continue to rise unexpectedly, it is expected that battery companies will seek to pass on the cost increase to downstream customers.