Ningde Times denies that the price of lithium iron phosphate battery has increased by 10% * the subsidiary of Azure Lithium Core gets 19.3589 million yuan of government subsidy.

[Sinopec Science and Technology: subordinate companies plan to invest about 3.753 billion yuan in lithium ion battery diaphragm production line] on May 18, Sinopec Science and Technology announced that Sinomaterial Lithium membrane (Nanjing) Co., Ltd., a wholly owned subsidiary of Sinopec Lithium membrane Co., Ltd., plans to invest in the construction of an "annual production line of 1.04 billion square meters of lithium ion battery diaphragm" in Nanjing, Jiangsu Province. The total investment of the project construction scale is estimated to be 3.753 billion yuan, and the construction period is 16 months. In addition, the company plans to increase the capital of Nanjing lithium film by 1 billion yuan.

[Changyuan Group: jointly increase the capital of Hunan Zhongli with Gree Venture Capital and increase the equity of Hunan Zhongli Lithium Film] Changyuan Group announced that the company plans to add 1 billion yuan to Hunan Zhongli together with Gree Venture Capital and Sinomaterial Science and Technology. All shareholders of Hunan Zhongli will increase capital to Sinopec Lithium Film, a subsidiary of Sinopec Science and Technology holding Company, with the equity of Hunan Zhongli after the capital increase. After the completion of the transaction, Hunan Zhongli became a wholly owned subsidiary of Sinopec Lithium Film. The company holds a 26.03% stake in Sinopec Lithium Film through two partnerships. This time, the company increased the capital of Hunan Zhongli with 330 million yuan in cash, of which 200 million yuan was obtained by the related party Gree Venture Capital through the capital increase of Changyuan New Energy Phase II.

[Azure lithium core: subsidiary won 19.3589 million yuan government subsidy] Azure lithium core announcement, Huaian Optoelectronics, a subsidiary of the company, recently received 19.3589 million yuan of support funds for advanced manufacturing project enterprises in line with the industrial policy and industrial development direction of Qingjiangpu District, Huaian City, the Bureau of Industry and Information Technology of Qingjiangpu District.

[Ningde Times responds to a 10% increase in the price of lithium iron phosphate batteries: false news] in response to the news that the price of LFP batteries will be raised, Ningde Times told reporters that the news is not true. Today, Taiwan media quoted industry sources as saying that the price of lithium iron phosphate (LFP) battery in Ningde era will be increased by 10% to reflect the increase in the cost of raw materials.

[Japan plans to increase spending to promote chip and electric car battery production] according to the draft growth blueprint for this fiscal year, which will be finalized as early as next month, the Japanese government plans to increase spending to promote the production of advanced semiconductors. and promote large-scale investment in the development of batteries for electric vehicles. The Japanese government will pledge to expand its existing 200 billion yen ($1.84 billion) fund to support the domestic chip manufacturing industry and help boost the output of advanced semiconductors. The draft strategy aims to have 40 per cent of the world's next-generation power semiconductors for electric vehicles and other applications by 2030.

[northeast Securities: the high prosperity of electric vehicles continues, it is difficult to alleviate the contradiction between supply and demand of lithium mines] Northeast Securities pointed out that sales of new energy vehicles continued to grow high in April compared with the same period last year, and continue to be optimistic about the subdivision track of lithium mines. Lithium concentrate was flat at $610 a tonne last week. In terms of lithium salts, lithium carbonate was unchanged at 89000 yuan / ton, while lithium hydroxide rose 2.4% to 86000 yuan / ton. 1) the sales of electric vehicles continue to be hot, and the supply and demand of the industry is tight. 2) in this business cycle, lithium ore is expected to become the most profitable subdivision: (1) the relative lithium salt of lithium concentrate is obviously stagnant in the early stage, and the driving force for subsequent replenishment is sufficient; (2) the supply concentration of lithium resources continues to increase, and the upstream bargaining power is significantly enhanced, and the profit distribution of the industrial chain may tilt upward; under the background of the game among three big countries, the development of local resources is expected to accelerate, and China's lithium resources will usher in the opportunity of revaluation. Related targets: Rongjie shares (sitting on the best lithium mine in Asia, the world's leading mining cost, mining capacity is expected to continue to release); Koda manufacturing, Zang GE holding; it is recommended to pay attention to the targets with high self-sufficiency rate of other resources: Ganfeng lithium industry, Tianqi lithium industry, Yongxing materials, Shengxin lithium energy, Ya Hua Group, Tianhua Chaojing, etc.