[proposed to raise 3.6 billion yuan Tianneng Power spin-off has been accepted] lead-acid battery giant Tianneng Power had planned to spin off the battery business and go public independently, and now there has been new progress. On the evening of December 30, Tian Neng Power International Co., Ltd. (referred to as "Tian Neng Power") issued a notice proposing to split up the battery business and submit a formal application to the Shanghai Stock Exchange for its proposed initial public offering of shares. The application has been accepted by the Shanghai Stock Exchange and is being reviewed and processed.
[Chile is expected to increase lithium carbonate production from the current 96000 tons to 232000 tons in 2027] Chile plans to increase its annual production of lithium carbonate from the current 96000 tons to 232000 tons in 2027, making it the world's second largest producer of lithium carbonate, according to BNAmericas. On Monday, Chilean Mining Minister Bardo Procurica (Baldo Prokurica) told the media that the government was not only satisfied with exporting lithium carbonate, but wanted to expand the lithium industry chain, and asked (Enami), the national mining company, and (Codelco), the national copper company, to implement the strategy.
[Sanjie New Energy Investment 1.958 billion to build a high-quality lithium battery R & D and intelligent manufacturing base] it is reported that Sichuan Mianyang High-tech Zone and Changhong Sanjie New Energy Co., Ltd. signed a cooperation agreement on new energy battery projects in Mianyang on December 31. According to the agreement, the project plans to invest 1.958 billion yuan to develop and produce lithium-ion battery products widely used in electric vehicles, electric bicycles, low-speed vehicles, balance cars and other fields, and strive to build high-quality lithium battery research and development and intelligent manufacturing base.
[Vico Technology and LG Chemical Joint Venture Battery Project] recently, Vico Technology, South Korea LG Chemistry, Nanchang City newly built District Government jointly funded the launch ceremony of the Sino-foreign joint venture project of Weike Battery, which was jointly funded by Vico Technology, Korea LG Chemistry and Nanchang New District Government. The project is a cooperation agreement signed by the three parties in October this year. The three parties jointly funded the establishment of a Sino-foreign joint venture in Nanchang to engage in the research, development, production and sale of small polymer lithium batteries.
[Changde annual production of 20,000 tons of lithium-ion battery anode material project was completed and put into production] on January 1, the first phase of the annual production of 20,000 tons of lithium-ion battery anode material project was completed and put into operation by Hunan Huanyu Fuji New Energy Technology Co., Ltd. The project was introduced by Changde Caixin Financial holding Group Co., Ltd., landed in West Dongting, from the start of construction to production, lasted for nine months, the total investment of the project is 500 million yuan, after all completed and put into production, the annual sales are expected to reach 1 billion yuan, tax revenue and profit of 100 million yuan.
On December 31, as Chen Yuzhong, vice president of the group, pressed the button, the first batch of qualified precursor products entered the packaging bag from the silo, and 600 kg of products were packaged, and automatically transferred from the packaging assembly line to the lower package area, marking the successful launch of the first batch of qualified products of Huayu Posco.
[BAIC Blue Valley: 300 million yuan government subsidy] A few days ago, BAIC Blue Valley issued an announcement that the company recently received 300 million yuan from the Financial Audit Bureau of the Beijing Economic and technological Development Zone. The estimated amount of impact on the company's total profits in 2019 is 300 million yuan, which is proposed to be included in other income items. Data show that Beijing New Energy Automobile Co., Ltd., a subsidiary of BAIC Blue Valley New Energy Technology Co., Ltd. (hereinafter referred to as "BAIC Blue Valley" (stock code 600733), produced 2943 vehicles in November, down 83.25% from 17566 vehicles in the same period last year, and sales were 7005 vehicles, down 62.6% from 18732 vehicles in the same period last year. In the first 11 months, the company produced 27494 vehicles, down 72.21% from a year earlier, while sales totaled 113988, down 11.20% from a year earlier. In terms of operating results, in the first three quarters, BAIC Blue Valley achieved operating income of 17.484 billion yuan, an increase of 78.64 percent over the same period last year, and net profit was-270 million yuan, down 303.55 percent from 130 million yuan in the same period last year.
SMM Cobalt Lithium small Metal Research team
Hong Lu 021-51666814
Qin Jingjing 021-51666828
Scan QR code, apply to join SMM metal communication group, please indicate company + name + main business
