[4.7 Lithium Express] Shengxin LiNeng issued two announcements in a row to lay out the lithium mining business | the agency said that the penetration of new energy vehicles in the global market ushered in a new round of acceleration.

[Yongxing Materials: the first production line of the company's second phase of the battery-grade lithium carbonate project is advancing as planned.] Yongxing Materials said on the interactive platform that the first production line of the company's second phase of the 20,000 tons of battery-grade lithium carbonate project is moving forward as planned.

[Nandu Power: net profit in the first quarter increased by 1514% Mel 1632% compared with the same period last year] Nandu Power announced that the net profit in the first quarter of 2022 increased by 480 million yuan to 515 million yuan, an increase of 1514.1% RMB1631.79% over the same period last year. As a result of the current disposal of 21% of the shares in the subsidiaries of Nandu Huayu and Changxing Nandu, it lost control, resulting in an investment income of about 428 million yuan. The impact of the sharp rise in lithium materials, the company's layout of lithium resource recovery business has been gradually put into production, and produced benefits, the closed-loop effect of the industrial chain is beginning to show.

[Yinghe Technology: the company's newly signed orders have maintained a good momentum since 2022] Yinghe Technology said on the interactive platform that the company signed 10.6 billion yuan (including tax) for lithium-ion equipment in 2021. Since 2022, the company's newly signed orders have maintained a good momentum. For specific changes in newly signed orders, please pay attention to the company's order announcements and periodic reports.

[Shengxin Lithium Energy: Shengze International continues to subscribe for 29.38 million shares of Chilean Lithium Industry at 142 million yuan] Shengxin Lithium Energy announced that Shengze International, a company wholly owned by Hong Kong Sun Company, continues to subscribe for 29.38 million non-publicly issued shares of Chilean Lithium Industry. Among them, the exercise price is C $0.85 per share, and the investment amount of the exercise is C $3.64 million (about RMB 18.55 million); Shengze International continues to subscribe for 29.38 million non-publicly issued shares of Chilean Lithium Industry at a subscription price of C $0.95 per share, the investment amount is C $27.91 million (about RMB 142 million). After the completion of the above investment, Shengze International holds a 19.86% stake in Chile's lithium industry, making it the largest shareholder in Chile's lithium industry.

[Shengxin LiNeng: plans to subscribe for 3.4% of the former 3.4% shares of Australian ABY company IPO at A $2.775 million] Shengyi International, a wholly owned Hong Kong-owned company, intends to subscribe for 3.7 million shares of Australian ABY at a total price of A $0.75 per share (equivalent to about 13.36 million yuan at the current exchange rate), accounting for 3.4% of the total pre-IPO share capital of ABY. On April 6, 2022, the two sides jointly signed the Investment and share subscription Agreement and the off-take and sales Agreement. ABY will provide no less than 60, 000 tons of lithium concentrate in the first contract year and 60, 000 to 80, 000 tons of lithium concentrate per year during the remaining contract year. If ABY has excess lithium concentrate in the future, both parties can provide Shengyi International with additional lithium concentrate on the terms agreed in writing.

[ping an Securities: the penetration of new energy vehicles in the global market is ushering in a new round of acceleration] Ping an Securities pointed out that with the intensification of policy and car companies, the penetration of new energy vehicles in the global market is ushering in a new round of acceleration, and the industry is on the rise. It is suggested that we should pay attention to the new power line represented by Tesla, as well as the catch-up process of Volkswagen and other new models, and recommend leading and second-line elastic targets. In terms of the whole vehicle, we strongly recommend Great Wall, Geely cars and Xiaopeng cars; in terms of battery materials, we recommend paying attention to Ningde Times, Dangsheng Technology, and Cunninghamia lanceolata shares; in terms of motor electric control, we recommend paying attention to Wolong electric drive and Huichuan technology; in terms of lithium power equipment, we suggest that we pay attention to leading intelligence and Hangke technology; in terms of lithium cobalt, we suggest that we should pay attention to Huayou Cobalt Industry and Shengxin Lithium Energy.

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