[3.22 Lithium Express] affected by the upstream price increase, battery companies have dynamically adjusted the price of some batteries | Lulai has no plans to increase prices in the short term.

South Korean steel giant Posco will invest $4 billion in lithium projects in Argentina. South Korean steel giant Posco has announced that it will invest $4 billion in a new lithium project in Argentina. The funds will be used for a salt field project called Salar de Hombre Muerto, which is located on the border between the northern province of Salta and the province of Catamaka. Posco is expected to initially produce 25000 tons of lithium hydroxide in the salt field, a lithium product particularly needed by battery manufacturers. Once the project is completed, the production of lithium hydroxide will reach 100000 tons.

[Kang Longda: plans to acquire 17.67% stake in Tiancheng Lithium Industry] Kang Longda announced that the company intends to acquire its 17.67% stake in Tiancheng Lithium Industry from Tiancheng Management and Yiyuan Lithium, and the parties have reached a preliminary intention agreement on equity transfer. There is no clear transaction plan for this transaction, the transaction price has not been determined, the full adjustment and evaluation has not been completed, and there is great uncertainty in the follow-up promotion.

[Tianqi share performance KuaiBao: net profit rose 154% in 2021] Tianqi share disclosed its annual performance KuaiBao. During the reporting period, the company's total operating income was 3.918 billion yuan, an increase of 9.06% over the same period last year. The total profit was 175 million yuan, an increase of 64.48% over the same period last year. The net profit belonging to shareholders of listed companies was 155 million yuan, an increase of 154.31% over the same period last year. The main factors affecting operating results were that during the reporting period, the overall recovery volume and production capacity of the company's lithium battery recycling plate were greatly improved compared with the same period last year, the product structure continued to be optimized, and benefited from the rapid development of new energy vehicles and energy storage markets. the overall prosperity of the lithium battery industry chain continued to improve, and downstream customers' demand for cobalt, lithium and nickel products increased strongly.

[Xilai Automobile: there are no plans to increase prices in the short term, price stability is beneficial to users and the market.] affected by the continued sharp rise in the price of raw materials, a number of new energy car companies have issued announcements to raise the prices of their new energy models. On March 21, Weilai Automobile told reporters, "Price stability is good for the interests of users and the market, and we have no plans to increase prices in the short term." At present, the international raw material price includes the supply and demand of chips, which makes the cost of the whole supply chain change greatly than before. We will also make flexible decisions according to changes in the objective environment. " [Ningde era: the prices of some battery products have been dynamically adjusted under the influence of upstream price increases] in response to the recent comments made by a mainframe factory about two increases in battery prices in the Ningde era, Ningde Times said that due to the sharp rise in the price of upstream raw materials, the company dynamically adjusted the prices of some battery products accordingly. "View details

[Funeng Technology: most of the major customer price negotiations have been completed. The price of the product has been increased to varying degrees this year. Funeng Technology (688567) said on the interactive platform on March 21, the company has completed most of the major customer price negotiations, and the price of the company's products has increased to varying degrees in 2022. In addition, price negotiations with Daimler are still under way.

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