[Yongxing material: the net profit in the third quarter is expected to increase by 154.47% Mor 182.48% over the same period last year] Yongxing material announced that it is expected to achieve a net profit of 230 million yuan to 260 million yuan in the third quarter, an increase of 154.47% MUE 182.48% over the same period last year; During the reporting period, on the basis of the steady development of special steel new materials business, with the rapid development of new energy vehicles and energy storage industry, the prosperity of lithium salt industry continues to rise, and the price of lithium salt materials also continues to rise. the company's lithium new energy business is in good condition.
[Tianqi shares: net profit increased 170% in the first three quarters. Prices of cobalt, lithium and other metals continued to rise.] Tianqi shares disclosed the results forecast for the first three quarters of 2021. It is expected that from January to September 2021, the net profit attributed to shareholders of listed companies will be 144 million yuan to 149 million yuan, an increase of 170.52% over the same period last year. 179.91%; It is estimated that from July to September 2021, the net profit attributed to shareholders of listed companies will be 66 million yuan to 71 million yuan, an increase of 57.51 percent over the same period last year.
[Cunninghamia lanceolata: net profit in the first three quarters is expected to grow 865% to 894% compared with the same period last year] according to a statement issued by Shanshan shares, the net profit attributed to shareholders of listed companies is expected to be 2.68 billion yuan to 2.76 billion yuan in the first three quarters of 2021, an increase of 865% to 894% over the same period last year. Benefiting from the continued high-profile demeanor of new energy vehicles, the downstream demand is strong, and the sales volume of positive and negative materials has increased significantly compared with the same period last year.
[Tianfeng Securities: production, marketing and profits of the automobile industry are expected to gradually recover in the fourth quarter] Tianfeng Securities reported that the whole vehicle has the great logic of electrification and intelligence, and basically faces up in the medium and long term, and can be concerned about bargains in the short term; parts are more cost-effective at the present stage, so it is recommended to select the track leader. With the gradual easing of the shortage of chips and the stabilization of raw material prices and other favorable factors, the production, marketing and profits of the automobile industry are expected to gradually recover in the fourth quarter of 2021, superimposed by the big wave of automobile intelligent electric power, and the fundamentals and valuation are expected to resonate upward.
[LG Chemical pays GM $1.9 billion to compensate GM] GM said on Tuesday that it had reached an agreement with partner LG Chemical. LG Chemical will pay GM $1.9 billion to cover the $2 billion recall cost of Chevrolet Bolt electric vehicles. Shilpan Amin, GM's vice president of global procurement and supply chain, said in a statement, "LG is an important and respectable supplier for GM and we are pleased to have reached this agreement. Our engineering and manufacturing teams will continue to work together to accelerate the production of new battery modules, and we expect to start repairing customer vehicles this month. "
[Volkswagen will accelerate the transition to electric cars, saying Tesla has set a new standard] Volkswagen said on Wednesday that competition from new entrants to the German car market, such as Tesla, has prompted the company to accelerate plans to turn its main factories into electric cars. Volkswagen spokesman Michael Mansk (Michael Manske) said: "given the new market entrants, there is no doubt that we must address the competitiveness of the Wolfsburg plant." He was referring to Tesla and the new Chinese electric carmaker who are moving into Europe.

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