[11.9 Lithium Express] Huayou Cobalt Industry: there is still uncertainty in the follow-up of acquisitions and cooperation related to the business of lithium iron phosphate. | Ningde era starts comprehensive strategic cooperation with Nagao Automobile.

[CICC: the global new energy vehicle is expected to break through 10 million sales in 2022] China International Capital Corporation pointed out in 2022 that the industry chain of new energy vehicles in 2021 is generally under pressure from the rising prices of upstream raw materials, but the downstream demand continues to verify. The industrial chain is still expected to achieve high growth; Looking forward to 2022, it is expected that the global critical breakthrough of new energy vehicles will exceed 10 million sales, and the development of the industrial chain will reach a new height. It is suggested that investors should pay attention to the three main structural lines: the volume of the US market, upstream capacity expansion and mid-stream technological progress-driven profit repair in the middle and lower reaches, as well as the globalization of iron and lithium.

[industry insiders: the introduction of 4680 batteries will drive the accelerated development of the ternary high-nickel route] recently, there has been news related to the mass production of a number of 4680 batteries in the market. Industry insiders said that at present, it is still the "eve" of mass production of 4680 batteries, and the corresponding lithium power production equipment manufacturers will give priority to benefit before mass production. In addition, the introduction of 4680 batteries will drive the development of ternary high-nickel routes.

[Dragon Technology: to set up a joint venture company to build an annual capacity of 100000 tons of lithium iron phosphate cathode material project] Longyi Science and Technology announcement, Changzhou Lithium Source, a holding subsidiary of the company, plans to set up a joint venture company with STELLAR in Indonesia to invest in the development and construction of an annual production capacity of 100000 tons of lithium iron phosphate cathode material project in (IMIP), Morovali Industrial Park, Morowali County, Central Sulawesi Province. The total investment of the project is about 235 million US dollars, and Changzhou Liyuan holds a 70 per cent stake in the joint venture company. "View details

[Dangsheng Technology: participating in a joint venture company responsible for building a production base of high-nickel power lithium cathode materials in Finland] Dangsheng Science and Technology announcement signed a letter of intent with Finnish Mining Group and its subsidiary Finnish Battery Chemicals Co., Ltd. to set up a joint venture company in Finland in the form of co-investment, and the company intends to hold a 70% stake in the joint venture company. The joint venture company will be responsible for the construction and operation of the Dangsheng Technology European New Materials Industry Base project. The company's European project plans to build a production base with an annual output of 100000 tons of high-nickel power lithium cathode materials in Finland. The total investment in the first phase of the first phase is about 500 million euros (equivalent to about 3.9 billion yuan). "View details

[Huayou Cobalt Industry: there is still uncertainty in the follow-up of acquisitions and cooperation matters related to the layout of Lithium Iron Phosphate Business] Huayou Cobalt Industry has issued a stock price change announcement. Recently, the company has laid out Lithium Iron Phosphate business and signed a "letter of intent for Equity acquisition" and a "Cooperation Framework Agreement" with the controlling shareholder and Xingfa Group respectively. The relevant acquisitions and cooperation matters only express the preliminary wishes of both sides of the transaction. There is still uncertainty about whether to sign the contract, the time of signing and the content of the contract. Recently, a large number of investment plans of lithium iron phosphate have been released in the market, which may lead to changes in the relationship between supply and demand of lithium iron phosphate market in the future, and there is a downward risk of product prices, which will affect the company's investment planning and expected income.

[Ningde era starts comprehensive strategic cooperation with Naga Automobile] on November 8, Ningde era formally signed a strategic agreement with Nahu Automobile. Ningde era will participate in D2 round financing, strategically invest in Nahan cars, and fully open strategic cooperation in the areas of technology research and development and supply chain guarantee.