SMM News: China Huarong Chairman Lai Xiaomin fell, shocked the financial circle and capital markets, shock waves from Hong Kong Central to the foothills of northwest Helan, set off a chain reaction. According to unconfirmed news rumors, Lai Xiaomin and China Huarong, Tianyuan Manganese Industry and China Hong Kong Bridge have secret links, affected by this rumor, there is a large number of negative news on the Internet about Ningxia Tianyuan Manganese Industry Group Co., Ltd.
On April 23, Tianyuan Manganese Industry issued a statement saying: it is unfair to speculate on the network about the relationship between our company and Huarong Company and the development of our company for many years. "in addition to normal business cooperation, Huarong Company does not participate in our company, has no control over our company, management rights, the company's decision-making does not have the right to vote."
Tianyuan Manganese Industry is located in Zhongning County, Ningxia. according to the list of China's top 500 private enterprises released by the all-China Federation of Industry and Commerce, Tianyuan Manganese Industry is the largest private enterprise in Ningxia. since the state put forward the call of "Belt and Road Initiative" in 2013, Many enterprises in our country have embarked on the road of internationalization. As the world's largest electrolytic manganese production enterprise, Ningxia Tianyuan Manganese Industry has also achieved outstanding results and long-term layout in the process of "Belt and Road Initiative". SMM believes that the future international layout of Tianyuan manganese industry involves mining, infrastructure, transportation, ports and other fields, which will have a profound impact on the domestic manganese industry. "View details" [SMM Analysis] Ningxia Tianyuan Manganese Industry responds to "Belt and Road Initiative" call for a long-term layout in the next few years. "
For this manganese industry pioneer large-scale enterprise, its every move will affect the change of manganese ore market, especially after the Lai Xiaomin incident, the market has its own speculation about the prospect of manganese ore and electrolytic manganese: many parties believe that Under the background of the continuous rise in electrolytic manganese, this incident will lead to a further rise in the price of electrolytic manganan. some empty parties also believe that at present, many manganese plants have resumed production, the operating rate of manganese plants is at a high level, and the supply of market resources is relatively adequate. The price will go down all the way.
SMM manganese analyst Liu Yuqiao believes: electrolytic manganese industry in recent years oversupply pattern is obvious, short-term price surge is mainly related to environmental inspectors and large factories to stop production and reduce production, the news. At present, the country's largest electrolytic manganese producer is full of production, the Huarong incident has not had an impact on its electrolytic manganese start, the enterprise has also issued a notice to clarify, the follow-up impact is still uncertain, SMM believes that The possibility of a price of 17000 yuan this year does exist, after all, the electrolytic manganese market is very small and easy to control, but the probability of this happening is low, unless Ningxia Tianyuan does encounter a long-term shutdown.
