[new energy industry detonates demand titanium dioxide enterprises scramble to build iron phosphate projects across borders] since the beginning of this year, a number of titanium dioxide production enterprises have made use of their own advantages to layout or strengthen the new energy industry chain, such as iron phosphate, to establish a circular economy and extend the industrial chain. Lithium iron phosphate can be produced. As one of the cathode materials, lithium iron phosphate can be used in power batteries, energy storage devices and other fields. In terms of downstream market demand, according to the China Automotive Power Battery Industry Innovation Alliance, lithium iron phosphate batteries accounted for 32.1% of power battery installations in 2019, rising to 42.3% in the first half of 2021. Lithium iron phosphate is expected to have great growth potential in the future.
[Funeng Technology: signed a framework agreement for the procurement of cathode materials with Rongbai Technology] Funeng Technology announcement, recently, the company and the supplier Rongbai Technology signed a framework agreement for the procurement of cathode materials. The company expects to purchase 5505 tons and 30950 tons of cathode materials from Rongbai Technology in the second half of 2021 and the whole year of 2022. The purchase price will be followed by specific orders.
[Guoxuan Hi-Tech: plans to launch an annual production of 200000 tons of high-end cathode materials project] Guoxuan Hi-Tech announced that the wholly-owned subsidiary signed the "Investment Agreement for the Project with an annual output of 200000 tons of high-end cathode materials" with the Lujiang Management Committee of Hefei, Anhui Province, which is scheduled to be officially put into production in 2025. The annual output value is expected to reach 10 billion yuan after completion. It was announced on the same day that Hefei Guoxuan Hi-Tech, a wholly-owned subsidiary, donated 5 million yuan to the Red Cross Society of Zhengzhou City, Henan Province, through the Anhui Guoxuan Charity Foundation, for flood relief and post-disaster reconstruction. The company has allocated 5 million yuan of special funds to provide free battery maintenance and replacement services for new energy vehicles carrying the company's batteries damaged by the waterlogging disaster in Henan Province.
[Cui Dongshu: China's automobile export market continued to strengthen under the impact of the overseas epidemic in the first half of the year] on July 26, Cui Dongshu, secretary general of the Federation of cars, said that under the impact of the overseas epidemic from January to June in 2021, China exported 950000 cars, an increase of 118% over the same period last year. China's export market continues to strengthen. In particular, the shortage of chips is obviously good for China's automobile exports. China's exports to Europe have soared. 79600 sets of new energy have been exported to Europe, mainly to Western Europe, and they have performed well to Australia and other countries.
[Stellantis CEO: or build battery factory in Canada] Science and Technology Innovation Board Daily on the 26th, Stellantis CEO Carlos Tavares recently said that Canada may become the site of its new electric vehicle battery factory. The new battery plant is part of a huge investment in electric vehicles by Stellantis, which plans to build two battery plants in North America and three in Europe.
[Skyline shares: lithium materials profits greatly increased, first-half net profit turned from losses to profits compared with the same period last year] Skyline shares: 205 million yuan in net profit in the first half of the year, turning losses into profits over the same period last year. During the reporting period, due to the vigorous development of electric vehicles around the world, the electric vehicle industry chain showed a scene of prosperity. The company has booming production and sales of lithium hexafluorophosphate products, the company is at full capacity, the sales volume increased by 189.78% year-on-year, and the output increased by 172.64% over the same period last year. Coupled with the increase in sales prices, the company's lithium materials (lithium hexafluorophosphate) made a big profit.

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