[10.13 Lithium Express] bus Association: big automobile companies cannot ignore the guarantee of lithium, cobalt and nickel resources | the number of power batteries installed in China increased by 138.6% in September compared with the same period last yea

[Citic Securities: the industry's sales of new energy vehicles exceeded expectations in September.] CITIC Securities Research report pointed out that in September, domestic sales of new energy vehicles were 357000, month-on-month + 11.4%, year-on-year + 148%, exceeding market expectations. In the domestic market, the high prosperity of the industry continues; overseas, the subsidy policy is expected to accelerate the landing, the US market is expected to return to high growth, and the European market is expected to remain high under the increasingly stringent new carbon emissions regulations. Global new energy vehicles have entered a stage of rapid growth, and the current time continues to suggest that we should seize the opportunity of high-quality targets in the global electrified supply chain, especially the supply chain of Tesla, Ningde era and LG Chemistry.

[Yahua Group: net profit increased 225% in the first three quarters, lithium salt price continues to rise] Ya Chemical Group announced that it is expected to return home net profit of 630 million yuan to 649 million yuan in the first three quarters of 2021, an increase of 225% and 23.5% over the same period last year. During the reporting period, the two main industries of the company's civil explosion and lithium industry continued to make efforts, the prosperity of the lithium industry continued to rise, and the prices of lithium products continued to rise.

[Jinyuan shares: intend to buy not less than 51% of Lithium Industry] Jinyuan shares announcement, wholly-owned subsidiary Jinyuan New Energy Development Co., Ltd. signed a "Cooperation Framework Agreement" with Huang Liangbiao, Yu Fei and their wholly-owned son Tibet and Lithium Industry Co., Ltd. The shareholders of the target company hold a 100% stake in Lithium and intend to sell no less than 51% of its stake in the target company to Jinyuan New Energy.

[China's total power battery production increased 168.9% year-on-year in September] according to the China Automotive Power Battery Industry Innovation Alliance, China's power battery production totaled 23.2 GWH in September 2021, an increase of 168.9% year-on-year and 18.9% month-on-month. Among them, the output of ternary batteries was 9.6GWh, accounting for 41.6 percent of the total output, an increase of 102.6 percent over the same period last year and 15.1 percent from the previous year; the output of lithium iron phosphate batteries was 13.5GWh, accounting for 58.3 percent of the total output, up 252.0 percent from the same period last year and 21.9 percent from the previous year. From January to September, the output of power batteries in China totaled 134.7 GWH, an increase of 195.0% over the same period last year. Among them, the output of ternary batteries totaled 62.8 GWh, accounting for 46.6 percent of the total output, an increase of 131.1 percent over the same period last year; and the output of lithium iron phosphate batteries totaled 71.6 percent, accounting for 53.2 percent of the total output, an increase of 291.4 percent over the same period last year.

[China's power battery loading 15.7GWh rose 138.6% year on year in September compared with the same month last year.] according to statistics from the China Automotive Power Battery Industry Innovation Alliance, in September 2021, China's power battery installed capacity increased by 138.6% year-on-year and 25.0% compared with the same period last year, according to statistics from the China Automotive Power Battery Industry Innovation Alliance. Among them, the total loading of ternary batteries was 6.1 GWH, up 45.6% from the same period last year and 15.0% from the previous year; and lithium iron phosphate batteries totaled 9.5 GWH, up 309.3% from the same period last year and 32.3% from the previous year. From January to September, the total number of power batteries installed in China totaled 92.0 GWH, an increase of 169.1% over the same period last year. Among them, the total loading of ternary batteries was 47.1GWH, accounting for 51.2% of the total loading, an increase of 99.5% over the same period last year; and the total loading of lithium iron phosphate batteries was 44.8 GWH, accounting for 48.7% of the total loading, an increase of 332.0% over the same period last year.

[car Association: if large automobile enterprise groups want to do a good job in the development of ternary batteries, they should not ignore the guarantee of lithium, cobalt and nickel resources.] according to the bus Association, China's large automobile enterprise groups should have the strategic layout and collaborative reserves of the industrial chain. Among them, it is necessary to realize the price stabilization mechanism to ensure that domestic enterprises can withstand fluctuations in the price of national resources, with resources at high prices and reserves at low prices; large groups have strong commercial reserve capacity and a high degree of marketization, which is conducive to the formation of systematic reserve construction that matches the national reserve; efforts should be made to do a good job in the development of ternary batteries, and the guarantee of lithium-cobalt-nickel resources should not be ignored. It is of great significance for automobile enterprise groups to cooperate with relevant state departments to ensure the supply of ternary batteries and to achieve long-term protection.