Lithium carbonate futures have already surged to the 170,000 mark, and the recent trend has indeed been impressive. Leading U.S. stocks have performed particularly well, with Albemarle and Chilean Chemical both soaring in the past two months. Since hitting the bottom in April last year, their gains have exceeded three times.

In contrast, on the A-share side, the performance is much duller under the same industry logic. We are not the main players in storage chips; the U.S. and Korean markets are the mainstream. But lithium carbonate is different — it’s our traditional competitive advantage, a core resource upstream of new energy.

What’s hard to understand is why the advantageous industry is not favored at home; this gap is a bit frustrating.