Citic Securities expects the mainstream transaction price of lithium concentrate to exceed $1200 / ton in the second half of the year. Industry: chip shortage has a great impact on automobile supply.

[industry: the shortage of chips has a great impact on the supply of cars] "the shortage of chips has a great impact on the supply of cars." Chen Shihua, deputy secretary general of the China Association of Automobile Manufacturers, pointed out that one of the main reasons for the recent decline in China's automobile production and sales is the insufficient supply of car chips, and the current car inventory at the production side is relatively low. Chen Shihua said that the General Administration has noticed that the shortage of automotive chips is an objective situation, but there is also a phenomenon of dealers hoarding, so it is on file for investigation. In his view, regulatory authorities to regulate the automotive chip market, will ease the shortage of chips to a certain extent. "I am confident that the chip supply will ease in the second half of the year."

[Jiangte Motor: Lithium Carbonate production and Marketing Liangwang's first-half net profit soared by 6442.29%] on the evening of August 11, Jiangte Motor disclosed its semi-annual report data. According to the announcement, the company achieved a total operating income of 1.365 billion yuan in the first half of 2021, an increase of 50.02 percent over the same period last year, while net profit was 181 million yuan, up 6442.29 percent from the same period last year. For the reason for the soaring performance of the company during the reporting period, Jant Motor explained that it was mainly due to the substantial growth of the company's lithium carbonate business. "View details

[Jiugu Hi-Tech: Lithium extraction business is one of the downstream application areas of the company's products] Kuwo Hi-Tech said on the interactive platform that the lithium extraction business is one of the downstream application areas of the company's products, and the company has been following the industrial trends in this field for a long time. Closely follow the needs of downstream enterprises, and strive to meet the production needs of downstream enterprises by technical means. In the future, the company will continue to work hard in this field. Strive to create value for customers, shareholders and society.

[Citic Securities: the mainstream transaction price of lithium concentrate is expected to exceed $1200 / ton in the second half of the year] CITIC Securities research pointed out that the auction sale of lithium concentrate has an impact on the traditional pricing model, and the mainstream transaction price of lithium concentrate is expected to exceed $1200 / ton in the second half of the year. It is expected that the sharp rise in mineral prices will continue to push up lithium prices from the cost side, while the sharp fluctuations in the cost of extracting lithium from ores will also further enhance the strategic position of China's local lithium resources. Recommend Salt Lake shares and Ganfeng Lithium Industry, and suggest to pay attention to Rongjie shares and Yongxing Materials.

[traditional car companies pour into the electrified track lithium battery enterprises to expand production] with the acceleration of the development of the global new energy vehicle industry, many large car companies have put forward the goal of electrification. The agency forecasts that global electric vehicle sales will reach 11.5 million by 2025, with an average annual compound growth rate of 32 per cent. In this context, lithium battery industry chain manufacturers continue to expand capacity and seize market share. Industry insiders believe that driven by policy support, technological progress, improvement of supporting facilities and increased market recognition, the new energy vehicle industry will maintain a good development trend, and the lithium battery industry chain will get more development opportunities.

[Ford's innovative battery joint venture with SK will enter Europe] Ford's innovative electric vehicle battery joint venture with SK will enter Europe, a senior Ford executive said on Wednesday. SK said it would not comment on the innovation. Ford Motor and SK Innovation have signed a joint venture memorandum to jointly form a joint venture called "BlueOvalSK" in the United States and produce cells and battery packs locally. It is reported that "BlueOvalSK" will achieve mass production around 2025, and the annual production capacity is expected to reach 60GWh.