Lithium hydroxide stable mass production output Tianhua Super net Last year the net profit of lithium materials was 1.081 billion.

On the evening of February 7th, Tianhua Supernet (300390) disclosed its annual report that in 2021, the company realized operating income of 3.398 billion yuan, an increase of 158.73% over the same period last year, and a net profit of 911 million yuan belonging to shareholders of listed companies, an increase of 218.44% over the same period last year.

Tianhua Super net main Accounting data and Financial indicators

Data show that Tianhua ultra-clean business mainly includes Static ultra-clean technology products, medical device products, new energy lithium materials. Among them, in terms of lithium materials, Tianhua ultra-clean United Ningde era (300750) and other enterprises jointly funded the establishment of Tianyi lithium industry, with the Tianyi lithium industry battery-grade lithium hydroxide phase I project sustained and stable mass production output, lithium materials business has been able to grow rapidly, with a business income of 2.316 billion yuan and a net profit of 1.081 billion yuan.

It is reported that in terms of production capacity, Tianyi Lithium Industry added 5000 tons of design capacity after the completion of the first phase of the technical renovation project, and the second phase of the battery-grade lithium hydroxide project with an annual output of 25000 tons was also completed and accepted as scheduled. At present, the project has entered the stage of trial production and produced qualified products. after the first phase of technical transformation and the second phase of the project reached production, the total production capacity of battery-grade lithium hydroxide products of Tianyi lithium industry will reach 50,000 tons / year.

In addition, in 2021, in order to further improve the layout of the lithium materials industry and consolidate and enhance the company's core competitiveness, Tianyi Lithium Industry, on the basis of the success of the first and second phases of the project, at the same time signed a project investment contract with the people's Government of Jiang'an County and the Management Committee of Ganmei Industrial Park to invest in the construction of an additional 110000 tons / year battery-grade lithium hydroxide production capacity. Tianyi Lithium Industry will have a total production capacity of 160000 tons / year of battery-grade lithium hydroxide products, and will become an important global supplier of lithium hydroxide.

Tianhua Chaojing said that the company pays close attention to the opportunities brought about by the rapid development of the new energy automobile industry and vigorously develops the new materials business of lithium electricity. In 2022, we will accelerate the construction project of Ganmei Sichuan Tianhua Lithium Energy Co., Ltd. with an annual output of 60,000 tons of battery-grade lithium hydroxide "and" Yibin Weineng Lithium Industry Science and Technology Co., Ltd. annual production capacity of 50, 000 tons of battery-grade lithium hydroxide ", the project is expected to be completed within 2 years, adding 110000 tons of lithium hydroxide capacity for the company to meet the fast-growing needs of downstream industries.

The battery network learned that on January 28th, Tianhua Super Clean return notice signed a "Joint Venture Agreement on 100000 tons of Lithium Carbonate production capacity" with Ningde Times. The company plans to jointly invest with Ningde Times or its wholly-owned subsidiaries to set up a limited liability company in Yichun City (the specific enterprise name is subject to the final confirmation of industrial and commercial registration, hereinafter referred to as the "joint venture company"). The joint venture company will invest in the construction of 100000 tons of lithium carbonate smelting capacity project.

According to the announcement, the registered capital of the joint venture company is 1 billion yuan, of which the company subscribes to 100 million yuan in registered capital, accounting for 10% of the registered capital of the joint venture company. Ningde Times or its wholly-owned subsidiaries subscribe to 900 million yuan in registered capital and hold 90% of the shares. The business scope of the joint venture company is mainly for the smelting of lithium carbonate and the production and sales of lithium salt products. The two sides agreed that the joint venture company plans to build a 100000-ton lithium carbonate production capacity project, which is expected to complete 50, 000 tons of lithium carbonate smelting capacity within one year after the establishment of the joint venture company, and the remaining 50, 000 tons of lithium carbonate smelting capacity project is expected to be completed by the end of 2023.

In addition, on January 6, Tianhua Chaojing issued an announcement on daily related party transactions in 2022. It is expected that in 2022, the company and Tianyi Lithium Industry plan to have daily related party transactions of no more than 2.8 billion yuan (excluding tax) with the affiliated Fang Ningde era and its holding subsidiaries.