Ganfeng Lithium Industry's 2021 net profit soared more than 368% compared with the same period last year.

SMM January 24th: Ganfeng Lithium Industry today released its 2021 performance pre-increase report after trading. According to the announcement, in 2021, the net profit of shareholders belonging to listed companies was between 4.8 billion yuan and 5.5 billion yuan, an increase of 368.45% over the same period last year.

As for the reasons for the changes in the company's performance, Ganfeng Lithium Industry said that with the rapid development of new energy vehicles and energy storage industry, downstream customers' demand for lithium salt is growing strongly, the production and sales of the company's lithium salt products are increasing and product prices are rising. The company's new lithium battery plate projects have been put into production one after another, and the production capacity has been gradually released, so the company's operating net profit has increased compared with the same period last year.

In the news, on January 22, Ganfeng Lithium subsidiary Ganfeng Lithium revealed that the first batch of 50 Dongfeng E70 electric vehicles equipped with Ganfeng solid-state batteries had been officially delivered, and the commercialization path of solid-state batteries was becoming clearer. Senior executives of Dongfeng Group said that this will be the first to fire the first shot in the industrialization of solid-state batteries in China.

Today, Xin Changxing, governor of Qinghai Province, said in a government work report that speeding up the construction of a world-class salt lake industrial base is the top priority of Qinghai's work in 2022 and other good news continues to ferment. Salt Lake lithium extraction plate rebounded violently for the second trading day after three days of silence, driving a number of salt lake lithium concept stocks to rise rapidly. Among them, Ganfeng lithium industry rose rapidly after the opening of trading at noon, and finally closed at 134.87 yuan per share.