Chengxin Lithium: Board of Directors Approves by 7 Votes to Apply for Designated Delivery Warehouse for LH

Published: Jun 16, 2026 11:23

Save

Chengxin Lithium announced that the company held the first meeting of the ninth board of directors on June 12, 2026, reviewed and approved the "Proposal on Applying for the Designated Delivery Warehouse for Lithium Hydroxide at GFEX," agreed that the company apply to GFEX for the qualification of a designated delivery warehouse for lithium hydroxide, and authorized the management to submit application materials and handle other related matters. This application is beneficial for expanding the company's visibility and influence, and improving its risk resistance capability and profitability. This matter remains uncertain, with the final outcome subject to GFEX's approval.

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 for 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

2 hours ago

[SMM Analysis] Consumer Demand Transmission Hindered, Cobalt Price Rebound Still Under Heavy Pressure

2 hours ago

[SMM Energy Storage Battery Cell Market Weekly Review 7.02] Prices Firm Up Recently, Year-End Capacity Hopes for a New Phase

[SMM Analysis] Energy storage battery cell prices remained stable this week due to tight short-term supply-demand conditions and transmission lags. In H2, with the concentrated rollout of new capacity and the combined effect of the year-end export rush, the market is expected to break out of the stable period and enter a new round of resonance, with both volume and prices rising.

2 hours ago

2026 Power Battery Installations Expected Up 15.8% YoY

At the 2026 annual forum of the China Automotive Power Battery Industry Innovation Alliance, Ma Xiaoli, Deputy Director of the National Innovation Center for Power Batteries, said that China's power battery installation demand for the full year 2026 is expected to reach 888.7 GWh, up 15.8% YoY. Of which, passenger NEV installation demand reaches 672.7 GWh, up 10.8% YoY, and new energy commercial vehicle installation demand reaches 216.1 GWh, up 34.7% YoY.

2 hours ago