Housing enterprises plan to invest 500 million cross-border hot track along the "lithium" chapter harvest two consecutive boards! Once lost 50 million of the money and returned to the land.

In the new year, the shares of Song du, a small-market housing company with a depressed stock price for half a year, are popular. In 2022, it has harvested two consecutive boards, and today it is the opening limit, leading the way in A-share real estate development companies in the New year.

To investigate the reason, after January 4, Songdu shares successively announced new construction projects and the establishment of new companies, which attracted the attention of investors precisely the new company they planned to set up. Songdu shares plan to set up a subsidiary Songdu Lithium Industry with 500 million yuan.

The last time Songdu received such a high level of attention was in July 2021, when Hangzhou Shaohui, a wholly owned subsidiary of Songdu, gave up a bid for land that had paid a deposit of 50 million yuan.

Until yesterday's announcement, Song du shares said that the company's main business is still real estate operation and sales. According to the latest audited annual report, the real estate business income of the company accounted for 97.10% of the operating income in 2020.

Although it does not have any business related to the lithium industry, no related technical reserves, no related resources and professional team, but this word is enough to ignite the excitement of the market.

In 2021, A shares ran out of many cattle stocks that rose with lithium. The market capitalization of Ganfeng Lithium, the leader of lithium resources, soared from 80 billion to 200 billion in a year, and the stock of Rongjie, which was implemented by ST, strongly reversed its losses and successfully took off its cap, while in 2022, according to the agency's forecast, the supply of lithium materials will remain in a tight balance with the release of new energy vehicles.

As we enter the new year, the price of lithium ore is still "rising".

"Click to view the historical price of SMM Metals.

However, as a scarce energy metal, lithium has high barriers to entry in the upper and middle reaches of the industry, and resources and technology are the key "moat". Upstream, the distribution of lithium ore in the world is limited, and the oligopoly pattern is obvious, which is mainly classified by Yabao (Albemarle) of the United States, (SQM) of Mining and Chemical Industry of Chile, Ganfeng Lithium Industry of China and Tianqi Lithium Industry, while other power battery leaders and mining "bosses" (such as Ningde era and Zijin Mining) are also actively preparing for lithium sources. The cathode material of the mid-stream lithium battery is restricted by the upstream lithium price, and the quality of the electrolyte mainly depends on the technology.

According to the Songdu share announcement, its proposed energy metal related business includes non-ferrous metal alloy sales, synthetic materials sales, metal product research and development, non-ferrous metal casting, energy storage technical services, resource recycling technology research and development, etc., all need to invest considerable production line expenditure and R & D costs in the early stage. From this point of view, the "cross-border" of Songdu shares has a long way to go.

However, as a group formerly founded in 1984 (Songdu Group) and one of the "old eighteen" well-known real estate development enterprises in Hangzhou, Songdu holding industry, the parent company of Songdu shares, is indeed involved in the mining industry.

According to Tianyan investigation, it has invested in a Guzhang Daying Mining Co., Ltd., located in Hunan, which mainly deals with vanadium ore, vanadium metal plays an indispensable role in the iron and steel industry, and has opened up a new application space in the field of energy storage.

Whether Songdu shares can be "cross-border" success, or just to meet the hot spots, still needs to be approved by the industry and commerce department and its follow-up actions.