Lanxiao Science and Technology reported net profit of 150 million has signed a number of salt lake brine lithium extraction pilot projects

On August 19, Lanxiao Technology (300487) disclosed its semi-annual report that the company's operating income in the first half of the year was 556 million yuan, an increase of 28% over the same period last year. The net profit belonging to shareholders of listed companies was 150 million yuan, up 29% from the same period last year. The level of income and net profit was a new high for mass entrepreneurship and innovation. Net cash flow from operating activities was 93 million yuan, an increase of 122% over the same period last year, and cash flow continued to optimize.

The data show that the main products of Lanxiao Technology are adsorption separation materials and system integration devices. The adsorption separation materials designed and synthesized by the company have both adsorption capacity and accurate selectivity. when in contact with the mixture, they can adsorb the target without adsorbing other substances, or have different selective forces for different substances. thus in the downstream user's production process to play a special selective adsorption, separation and purification and other functions.

Metal resources plate, in the first quarter of 2021, Lanxiao Science and Technology completed the construction of the whole line of Jintai project. Three major projects in the field of lithium extraction from salt lake (10000 tons adsorption unit of Zangge lithium industry, 3000 tons whole line operation of Jintai project, 1000 tons technical transformation of Minmetals Project) have all been put into operation smoothly. The implementation and continuous operation of the three large and medium-sized industrialization projects of lithium extraction from salt lake participated by the company, and the market sale of lithium carbonate products by customers shows that the adsorption + membrane method proposed by the company has all been opened. China's independent intellectual property rights technology for lithium extraction from Qinghai Salt Lake has industrial feasibility and is fully in line with the strategic direction of national resources in terms of environmental protection and income.

In response to the market and national lithium resource strategy, Lanxiao Science and Technology has actively expanded the market of adsorption technology in the field of lithium extraction from salt lake brine. A number of pilot projects were signed in the first half of the year, including new technology-based pilot projects such as Salt Lake Stock "High efficiency Separation of Lithium Mother Liquor from Salt Lake", pilot test of 600t lithium carbonate and supporting boron removal production line of China Blue Changhua Design Institute (BYD), and large-scale industrial projects such as 10000 t / an ED magnesium removal plant in concentrated water of Minmetals Salt Lake project. Following the market demand, the company develops and pilot-scale the process and equipment for extracting lithium from raw halogen, and puts forward the idea of using raw halogen and old halogen production line, so as to save investment, increase yield and reduce cost for customers.

At the same time, Lanxiao Technology has also stepped up the layout of overseas salt lake projects. The company developed lithium-sodium separation adsorbent, "a method of separating lithium-sodium solution containing lithium and sodium" obtained the invention patent; in 2020, the company applied for the invention patent of "a new method of lithium-sodium separation". The above-mentioned materials and patented technology have application potential in extracting lithium from overseas salt lakes. The company extensively develops the market expansion of overseas salt lake brine lithium extraction technology, collects brine from different countries and regions for small-scale test, and provides customized pilot-scale equipment and technical feasibility solutions for salt lakes in South America, Europe, North America, etc., typical customers such as SQM (Chile), Ansson (USA), Vulkan (Europe) and so on.

Represented by lithium extraction from salt lake, Lanxiao Technology has formed a unique "technology pole" in the lithium-related industry chain: it has more than 10 patents, mature lithium adsorbents are constantly upgraded, and new adsorbents are constantly developed. it can provide different schemes for medium, high and low grade brine, and many dimensions such as technical radiation refining, recovery, boron removal, ore lithium impurity removal and so on. The company is forming a grid of lithium-related resources that run horizontally through different salt lake resources, including salt lakes such as Chaerhan, Da Chaidan, Yiliping and Dongtai in China, and salt lakes in North America, Europe and South America abroad. at the same time, it covers the lithium resource grid of ore lithium refining and efficiency, lithium extraction and purification from different sources, and vertically forms a product combination of technology, scheme and industrialization from material + process + system equipment to whole-line construction and operation. The technology of old brine and raw brine is parallel, which reduces the cost and is easy to be popularized in industrialization. The intertwined market development results show that the company has achieved the technical position of Lanxiao Technology in lithium-related links in the new energy industry. With the rebound of the price of lithium carbonate in the past two years, the company has enlarged the technology related to lithium plate one by one, and the acquisition of new projects and the continuous income of existing projects will bring continuous revenue contribution.

Lanxiao Science and Technology firmly grasps the strong demand for rare and precious metals from the rapid development of new energy, semiconductor industry and other emerging industries, broadens the race track of hydrometallurgy, and takes the lithium-related industry as the leader. The situation of echelon development and multi-point flowering has been formed in the field of metal extraction.

In terms of nickel extraction from laterite nickel ore, the efficient nickel adsorbent developed by Lanxiao Technology has reached the best performance index of the international company in the performance test of East Asia nickel ore, and developed its own technology. to provide overseas customers with an overall solution of nearly 40 million yuan of adsorption materials and system equipment.

In terms of cobalt recovery, Lanxiao Technology has won a contract for the whole line in the Democratic Republic of the Congo, the equipment is in the stage of on-site installation and is expected to achieve production in the second half The project will play an exemplary role in other cobalt mines in Congo.