UOB Kay Hian maintained a Buy rating for GANFENGLITHIUM due to several positive factors. The firm kept its 2025 net profit forecast intact at RMB4.07 billion, anticipating a significant sales volume increase to 180,000 tons LCE, which represents a 39% year-over-year growth. Additionally, the broker raised its net profit forecasts for 2026 and 2027 by 67% and 58%, respectively, based on expectations of even higher sales volumes (230,000 tons in 2026 and 270,000 tons in 2027) and increased average selling prices (RMB160,000 and RMB200,000 per ton for 2026 and 2027). Consequently, UOB Kay Hian raised the target price for GANFENGLITHIUM from HKD78 to HKD90, reflecting a strong outlook for the company's financial performance in the coming years.