Jiuwu High-Tech Wins 196 Million Yuan Bidding Project for Lithium Extraction Device, Boosting Revenue by 25.84%

Published: Sep 23, 2024 09:25

Save

[Jiuwu High-Tech: Won a Bidding Project Worth 196 Million Yuan] Jiuwu High-Tech announced that the company recently received the "Letter of Acceptance" from Sinochem Business Co., Ltd. on behalf of Qinghai Salt Lake Industry Co., Ltd., confirming the company as the successful bidder for the "first bid section of aluminum-based adsorbent for lithium extraction device in the 40,000 tons/year integrated project of basic lithium salt", with a bidding amount of 196 million yuan, accounting for 25.84% of the company's audited revenue in the previous year.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

World's First "Gas-Solid Battery" Unveiled, Achieving New Breakthrough in Efficient Hydrogen Storage at Ambient Temperature and Pressure

3 hours ago

5 hours ago

"Tesla Invests $250M in German Gigafactory to Boost EV Battery Production as European Sales Recover"

Tesla, owned by Elon Musk, will invest $250 million in its German factory to increase EV battery cell production capacity. As sales recover in the European market, Tesla is using this investment to further boost its overall output in the region. The Berlin-Brandenburg Gigafactory is Tesla's first manufacturing base in Europe. The "Gigafactory," which began production in March 2022, produces hundreds of thousands of Model Y vehicles as well as millions of battery cells — the energy storage units that power electric vehicles.

5 hours ago

Changan and BYD Raise Prices on Select Models Amid Competitive 2026 Automotive Market

After a prolonged wave of price cuts, the automotive market has entered a rare price-hike cycle in the fiercely competitive year of 2026. Changan Automobile and BYD have both recently announced price increases on select models. Changan's Qiyuan Q07 Tianshu Intelligent Laser Edition has seen its official suggested retail price raised by 3,000 yuan, while BYD's optional add-on price for the assisted-driving laser edition on certain models will increase from 9,900 yuan to 12,000 yuan — a rise of 2,100 yuan. The announcements have sent shockwaves through the industry.

5 hours ago