Tianqi Lithium Corporation provided Preliminary Earnings Guidance for the third quarter and Nine Months Ended 30 September 2024. For the nine months ended 30 September 2024, (i) the net loss attributable to the shareholders of the Company is estimated to range from RMB 5,450 million to RMB 5,850 million (unaudited), as compared with the net profit attributable to the shareholders of the Company being RMB 8,098.51 million for the corresponding period of last year; (ii) the net loss after deducting the non-recurring profit or loss is estimated to range from RMB 5,470 million to RMB 5,870 million (unaudited), as compared with the net profit after deducting the non-recurring profit or loss being RMB 7,982.34 million for the corresponding period of last year; and (iii) the basic loss per share is estimated to range from RMB 3.32 to RMB 3.57, as compared with the basic earnings per share of RMB 4.93 for the corresponding period of last year.

The financial department of the Company expected that, for the three months from 1 July 2024 to 30 September 2024, (i) the net loss attributable to the shareholders of the Company is estimated to range from RMB 320 million to RMB 640 million (unaudited), as compared with the net profit attributable to the shareholders of the Company being RMB1,646.05 million for the corresponding period of last year; (ii) the net loss after deducting the non-recurring profit or loss is estimated to range from RMB 330 million to RMB 650 million (unaudited), as compared with the net profit after deducting the non-recurring profit or loss being RMB 1,572.48 million for the corresponding period of last year; and (iii) the basic loss per share is estimated to range from RMB 0.20 to RMB 0.39, as compared with the basic earnings per share of RMB 1.00 for the corresponding period of last year.