[4.30 Lithium Express] Ya Hua Group plans to increase its annual production capacity of 20, 000 tons of battery lithium hydroxide by no more than 1.5 billion yuan * Tesla reported profits for three consecutive quarters in one quarter.

[Yaha Group proposes to increase its annual output by not more than 1.5 billion yuan in projects such as 20, 000 tons of battery lithium hydroxide and 11000 tons of lithium chloride. "on April 29, the group disclosed a plan for the non-public offering of A shares. The number of non-public offering shares does not exceed 287 million shares (including the number of shares), and the issuing object is not more than 35 (including 35) specific investors, and the total amount of funds to be raised does not exceed 1.5 billion yuan (including the amount of capital). After deducting the issuance fee, it will be used for an additional 20, 000 tons of battery-grade lithium hydroxide, 11000 tons of lithium chloride and its products and supplementary liquidity. After the implementation of the project of "adding 20, 000 tons of battery grade lithium hydroxide, 11000 tons of lithium chloride and their products", the company can supply not only the raw materials of positive electrode materials for lithium batteries, but also the raw materials of negative electrode materials, thus enriching the variety of lithium products of the company.

[Tesla reported three consecutive quarters of profit] after Wednesday, Tesla reported its third consecutive quarterly profit for the first quarter of 2020, and Tesla rose 10% after the session. Tesla's revenue rose to $5.99 billion in the first quarter from $4.54 billion a year earlier, and the market is expected to be $5.9 billion. Excluding special items, Tesla earned $1.24 a share, compared with a loss of $2.90 a year earlier, and the market is expected to lose 36 cents a share.

[Yongshan Lithium Industry Changsha Lithium Salt Project with an annual production capacity of 45000 tons] on April 29, the Yongshan Lithium Industry Project in Tongguan Industrial Park, Wangcheng Jingkai District, officially started, marking the addition of a new engine to the Changsha advanced energy storage material industry. Cunninghamia lanceolata shares invested 2 billion in Wangcheng Jingkai District Tongguan Industrial Park to build an annual output of 45000 tons of lithium salt project, land about 350 mu, will be ahead of the global lithium salt industry knowledge-intensive high-tech office R & D headquarters. The first phase of the project will build 15000 tons of lithium hydroxide and 10, 000 tons of lithium carbonate per year. After the second phase reaches production, the annual output value is expected to reach 3.3 billion yuan, and the annual tax payment will reach 240 million yuan. The project will help Cunninghamia lanceolata shares become an international lithium salt supplier with high safety, high quality and low cost.

[$700 million! South Korea's SK plans to build a second electric car battery factory in the United States. SK Innovation, a South Korean electric car battery maker, Volkswagen and Ford supplier, said it would spend $727 million to build a second electric car battery factory in the United States, according to foreign media reports. SK Innovation said in a statement that the plant could produce 11.7 gigawatt hours of batteries a year and would begin construction in southern Georgia in July with a target of starting production in 2023. The company has set up its first factory there. At the same time, a representative of, SK Innovation said that the company would make further investments in its second plant in the United States, with a total expenditure of about $1.5 billion, but did not specify a timetable for the investment.

[Evergrande New Energy Annual production 30GWh Power Battery Project settled in Lanzhou, Gansu] recently, the Lanzhou Municipal people's Government and Evergrande Group signed a strategic cooperation framework agreement, reaching a cooperation intention for four projects, including Evergrande new energy power battery, with a total investment of 107 billion yuan. Recently, Evergrande Group and Evergrande New Energy Technology Group have decided to build Evergrande New Energy Power Battery Project in Dinglian Park of Lanzhou High-tech Zone. The project plans to produce 30GWhH per year in the future, of which the first phase is planned to produce 12GWhH, with a total investment of about 12 billion yuan. The landing construction of the project can not only promote the win-win development of land enterprises, but also meet the needs of large industrial development in Lanzhou.

[Tesla: the price of the upgraded version of the domestic Model 3 standard will be reduced to 300000 yuan] according to Tesla's official Weibo on the 30th, in order to enable more Chinese consumers to enjoy more cost-effective Tesla products and meet the requirements of the state subsidy for new energy vehicles, the price of the upgraded version of the made-in-China Model 3 standard will be reduced to less than 300000 yuan, and the new price will be announced on the official website (Tesla.cn) tomorrow.

[Guan Xuan! Weilai China 11.2 billion Investment finally signed "Weilai Life and death Bureau" has been broken] on April 29, Weilai signed a final agreement with strategic investors such as Hefei Construction Investment Holdings (Group) Co., Ltd., China Investment Management Co., Ltd., and Anhui High-tech Industry Investment Co., Ltd., and reached an agreement with Hefei Economic and technological Development Zone on Weilai China headquarters. According to the investment agreement, strategic investors will invest 7 billion yuan in Wei to China. Weilai will inject core business and related assets such as vehicle research and development, supply chain and manufacturing, sales and services, energy services, etc., into Weilai (Anhui) Holdings Co., Ltd., the legal subject of Weilai China. The above business and assets are valued at RMB 17.77 billion based on 85 per cent of the average market value of Weilai on the 30 public trading days prior to 21 April 2020. In addition, Weilai will invest 4.26 billion yuan in Wei to China. Upon completion of the deal, Weilai will hold a 75.9 per cent controlling stake in Weilai China, with strategic investors taking a combined 24.1 per cent stake.

SMM Cobalt Lithium small Metal Research team

Hu Yan 021-51666809

Qin Jingjing 021-51666828

Mei Wangqin 021-51666759

Huo Yuan 021-51666898

Wuyang 021-51666818

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