Ganfeng Lithium to Inject 500 Million Yuan for Lithium Battery Base via Industrial Fund

Published: Jan 15, 2025 17:15

Save

[Ganfeng Lithium Plans to Introduce 500 Million Yuan for Lithium Battery Base Construction] On January 14, Ganfeng Lithium released the "Announcement on the Progress of Guarantee Involved in the Capital Increase and Share Expansion of the Holding Subsidiary Nanchang Ganfeng LiEnergy." The announcement, which has been approved by the shareholders' meeting, states that its wholly-owned subsidiary, Nanchang Ganfeng LiEnergy Technology Co., Ltd., plans to introduce an industrial fund of 500 million yuan established by the platform company of Xinjian District, Nanchang City, to be used for the new energy project construction in Xinjian District, Nanchang Ganfeng LiEnergy.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

CIMC Enric Joins Hands with Indonesia’s PT SAMATOR Group to Jointly Expand the Southeast Asian Clean Energy Market

1 hour ago

Honda Motor's Electric Vehicle Strategy Adjustment Leads To Losses Exceeding 100 Billion Yuan

On March 12, Honda Motor released its latest flash report for the fiscal year 2025, projecting an operating loss of 270 billion yen to 570 billion yen for the fiscal year ending April 2025 to March 2026, equivalent to approximately 11.68 billion yuan to 24.67 billion yuan. It projects a net loss of 420 billion yen to 690 billion yen, equivalent to approximately 18.17 billion yuan to 29.86 billion yuan. It is understood that this marks Honda Motor's first annual loss since its listing. Furthermore, on the same day as announcing the results, Honda also announced a significant decision to cancel certain research, development, and launch plans for US-manufactured electric vehicles.

1 hour ago

Manganese-based Battery Materials: Differentiated Trends, Cost-Supported Stability

This week, China’s domestic manganese-based battery materials market has shown a differentiated operation trend. The price of battery-grade manganese tetroxide has slightly declined, the price of electrolytic manganese dioxide has slightly increased, and lithium manganate has maintained a weak balance of supply and demand.

1 hour ago