January 04th News: Shengtun Lithium Group plans to acquire the remaining 30% equity of Qicheng Mining for 2.08 billion yuan, securing the high-quality lithium ore resource, Murong Lithium Mine. Chempricehub's analysis of lithium carbonate shows a bearish score of -1. Following Shengtun Lithium Group's acquisition of the 30% equity in Qicheng Mining, it will secure the Murong Lithium Mine resource. The integration of this high-quality lithium mine is expected to enhance the stability of lithium raw material supply, reduce the production cost of lithium carbonate, and exert downward pressure on spot prices. Meanwhile, the recent price fluctuations of the main lithium carbonate futures contract (such as the 2605 contract) have been relatively minor (closing price: 121,580 yuan/ton, change: +100). However, this event reinforces market expectations of future supply increases, potentially limiting the upside for futures prices, indicating a mild bearish impact.