Jinyuan shares: the planned output of lithium carbonate this year ensures that the 2000 tons of salt lake lithium mine project strives to achieve the output of the first ton of products in May.

On the afternoon of April 11, at the 2021 results presentation held by 000546.SZ, "lithium resources" became a high-frequency word for investors to ask questions. "the company plans to produce 2000 tons of lithium carbonate in 2022," said Xu Gang, the company's chairman. "

On the construction process of the company's Lxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxuo salt lake lithium mine project

According to Xu Gang, the project is a 8000-10000 ton lithium salt project planned and built by the company, with an estimated total investment of 800 million yuan and a cost of 40-50, 000 yuan per ton.

Earlier, in March, the company told the Financial Associated Press that the company's Lxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Zhao Hui said that the full capacity target of 8000 to 10000 tons will remain unchanged by the end of this year, and the company expects to reach full production by 2023.

In addition to the salt lake lithium mine in Tibet, Jinyuan is also promoting the development of overseas lithium mines. Xu Gang revealed at the performance meeting, "the company has further discussed with high-quality lithium resources companies in Argentina through various channels and teams, and the company's acquisition plan for the Argentine Salt Lake will be to increase lithium reserves and exploit them as soon as possible."

At the beginning of 2022, Jinyuan Co., Ltd. issued the outline of the second take-off plan, which determined the strategic plan of "taking the industry chain of lithium resources as the core, attaching equal importance to the resource disposal of solid and hazardous wastes and the comprehensive recovery and utilization of rare and precious metals".

Zhao Hui said, "at present, the company is choosing an opportunity to strategically withdraw from the building materials cement industry, and the relevant matters have been examined by the board of directors. After being approved by the shareholders' meeting, it will be publicly listed on the Hangzhou property right Exchange in time to complete the stripping of building materials cement as soon as possible. In the future, the company will focus on the development of new energy materials industry, sustainable development of solid and hazardous waste resource disposal and comprehensive utilization of rare and precious metals, and adhere to the sustainable development of low-carbon environmental protection industry. "

A reporter from the Financial Associated Press is concerned that in March this year, Jinyuan shares proposed to be listed to transfer 100% shares of subsidiary mutual fund yuan. It is reported that the mutual fund circle and its subsidiaries are mainly engaged in cement products and commercial concrete industry.

According to the 2021 report, Jinyuan's main business is divided into three major sectors: new materials, environmental protection and building materials. In 2021, the company achieved revenue of 8.739 billion yuan, an increase of 0.78% over the same period last year, and a net profit of 86.3 million yuan, down 81.81% from the same period last year. Deducting non-net profit was 14.44 million yuan, down 96.42% from the same period last year.

Guan Qingchuan, deputy general manager and head of finance of the company, explained that "due to the saturated demand of the building materials industry in 2021, the prices of raw materials such as coal have risen sharply and energy has been controlled, resulting in a decline in the company's profitability."