From November 2025 to March 23, 2026, the cumulative increase in lithium carbonate futures prices surged by over 70%, with a year-to-date rise exceeding 19%. As a fundamental raw material within the new energy industry chain, lithium carbonate has witnessed a continuous improvement in its market supply-demand balance, exhibiting a distinct upward price trajectory. This trend provides robust support for profit recovery within the A-share lithium-battery sector. Analyses suggest that current lithium carbonate inventories are at a low ebb, with supply elasticity constrained by external factors. Meanwhile, downstream markets, including energy storage and power batteries, are experiencing a steady resurgence in demand, offering solid underpinnings for the rise in lithium prices. The price rebound has already positively influenced corporate operations, with several listed lithium-battery companies witnessing a reversal in performance, marking a pivotal turning point for the industry. The stabilization and rebound in lithium carbonate prices, combined with accelerated overseas expansion by companies, resilient demand, and ongoing technological advancements, are ushering in dual opportunities for development and investment within the lithium-battery industry chain.