Lan Xiaoke: net profit in 2021 increased by 54.09% year on year to 311 million yuan. Three salt lake lithium extraction projects have been put into production.

Lanxiao Technology (300487.SZ) disclosed KuaiBao's performance in 2021. During the reporting period, the company achieved operating income of 1.195 billion yuan, an increase of 29.57% over the same period last year. Net profit of shareholders belonging to listed companies was 311 million yuan, an increase of 54.09% over the same period last year.

During the reporting period, with the lithium-related industry chain as the leader, the company's metal resources business has developed well. The three industrial salt lake lithium extraction projects implemented by the company, namely, Tibetan Mining, Jintai Lithium Industry and Minmetals Salt Lake, have been successfully put into production, indicating that the adsorption lithium extraction technology with independent intellectual property rights has been fully opened. Newly signed unilaterally, Jintai Lithium Industry Phase II, Minmetals Salt Lake Phase II renovation, Guoneng Mining, Jinhai Lithium Industry, Tibet Everest, Jinkunlun Lithium Industry and other projects continue to fail. Up to now, a total of 9 salt lake lithium extraction production line projects have been completed and implemented, with a total lithium carbonate / lithium hydroxide production capacity of 73000 tons, with a total contract value of more than 2.5 billion yuan.