The stock price rose by more than 7.8% in a single day! Azure lithium core currently has an annual production capacity of nearly 400 million lithium batteries.

SMM June 23: when trading opened at noon on June 23, the stock price of Azure Lithium Core rose all the way, rising more than 7.8% at one point, and its performance was particularly eye-catching. As of press time, blue lithium core rose 6.84% to 18.89 yuan per share.

A few days ago, some investors asked about the company's current lithium battery production capacity on the interactive platform. In response, Azure Lithium replied that the company currently has an annual production capacity of nearly 400 million lithium batteries and is expected to increase production capacity by about 300 million after the Zhangjiagang Phase II project is put into production in the fourth quarter.

It is worth mentioning that in mid-to-late May, Azure Lithium Core said on the interactive platform that the company's current lithium battery capacity is in short supply, and the existing capacity is in a state of full production, while the Zhangjiagang project is expected to be put into production by the end of this year. Huai'an project is expected to be put into production by the end of next year, when the new capacity is released, the company will be able to catch a breath.

At the end of May, due to the rise in the price of raw materials, the cost of lithium battery was higher than before, so the sales price of blue lithium battery in 2021 was also slightly higher.

As of June 23, according to SMM spot quotations, the average price of battery-grade lithium carbonate was 87500 yuan / ton, up 65.1% from the beginning of the year, while the average price of battery-grade lithium hydroxide was 92500 yuan / ton, up 86.9% from the beginning of the year.

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