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Tianqi Lithium (002466.SZ)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (Rmb)	Price Target (Rmb)	Rating
2022-03-30	84.99	-	No Rating
2022-07-04	141.70	180.00	Buy
2023-01-17	86.64	126.20	Buy
2023-09-13	57.75	67.00	Buy
2024-09-02	24.95	28.50	Neutral
2025-01-24	30.99	32.00	Neutral
2025-04-22	27.48	29.20	Neutral

Disclosures

Market capitalisation is calculated by multiplying the current share price by the sum of A and H shares.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.