[Ganfeng Lithium Industry: Net profit in the first three quarters increased by 19540.50% year-on-year] On October 15, Ganfeng Lithium Industry (002460.SZ) announced that it achieved operating income of 36.159 billion yuan in the first three quarters, a year-on-year increase of 147.24%; net profit attributable to shareholders of listed companies was 5.012 billion yuan, a year-on-year increase of 19540.50%. Operating income in the third quarter was 13.062 billion yuan, a year-on-year increase of 109.03%; net profit attributable to shareholders of listed companies was 755 million yuan, a year-on-year increase of 35.62%. The performance growth was mainly due to the rebound in selling prices of lithium series products and the increase in sales of lithium battery series products in the current period. Xiaocai Note: The company’s Q3 net profit was 755 million, and Q2 net profit was 2.42 billion. Based on this calculation, Q3 net profit fell 68% month-on-month.