[1.27 Lithium Express] Shanshan said that the laboratory fire does not affect production and operation | Zijin Mining acquires 100% stake in New Lithium Company.

[Zijin Mining: completion of acquisition of New Lithium Company] Zijin Mining announced that the general meeting of shareholders of New Lithium Company has approved the transaction, the approval or filing procedures of domestic and foreign regulatory authorities for the acquisition of shares in New Lithium Company have been completed, and the EIA permit for the first phase of the 3Q project has been approved. In view of the fact that all the delivery prerequisites agreed in the arrangement Agreement have been fulfilled, the acquisition will be delivered on January 25, 2022, Toronto time, and the company holds a 100% stake in the new lithium company upon completion of the delivery. "View details

[Yongxing Materials: proposed joint venture with Ningde Times to build lithium carbonate project] Yongxing Materials announcement, the company and Ningde Times signed a "joint venture agreement", agreed to establish a joint venture company, and take the joint venture company as the main body to invest in the construction of lithium carbonate project, the total investment amount of the project is not more than 2.5 billion yuan, planning and construction capacity project with an annual production capacity of 50, 000 tons of lithium carbonate; The first phase will invest in the construction of an annual capacity project with an annual capacity of 30, 000 tons of lithium carbonate, with a total investment of no more than 1.5 billion yuan; after the first phase of the project reaches production, the construction of surplus capacity will be started. In addition, the company and Ningde Times will also cooperate on the company's lithium carbonate products. "View details

[Fengyuan shares: 48 million-55 million yuan expected to turn losses into profits over the same period last year] Fengyuan shares announced that the net profit attributable to shareholders of listed companies is expected to be 48 million yuan to 55 million yuan, compared with a loss of 29.203 million yuan in the same period last year. Net profit after deducting non-recurring profit and loss was 44.5 million yuan to 51.5 million yuan, compared with a loss of 33.5954 million yuan in the same period last year. During the reporting period, with the rapid development of the new energy industry and strong demand from downstream customers, with the gradual release of the production capacity of the company's new production line of lithium battery cathode materials, the company's production and sales of lithium battery cathode materials increased significantly compared with the same period last year, making a positive contribution to the company's performance.

[Hengdian East Magnetic: plans to build a number of projects such as the annual production of 6GWh high-performance lithium battery projects] Hengdian East Magnetic announced that the company intends to invest in a new annual 6GWh high-performance lithium battery project, with a total investment estimate of 1.833 billion yuan; a new high-efficiency integrated inductor project, with a total investment estimate of 1.118 billion yuan; and an annual production capacity of 15000 tons of soft magnetic ferrite project, with a total investment estimate of 513 million yuan. Jiangsu Dongji New Energy Technology Co., Ltd., a subsidiary of the company, plans to invest in an annual 2.5GW high-efficiency module project with an estimated investment of 339 million yuan. In addition, the company plans to set up a subsidiary and invest in a permanent magnet ferrite project with an annual output of 22000 tons, with a total investment estimated at 124 million yuan.

[Azure Lithium Core: fire in overseas suppliers is expected to have a short-term impact on the company's NCA material supply] Azure Lithium announced that a fire and explosion in ECOPRO, a Korean manufacturer of lithium battery cathode materials, is expected to have a short-term impact on the company's NCA material supply and a certain impact on the time process of the company's product structure adjustment. The company purchases NCA cathode materials from ECOPRO through Shanghai Sumitomo Commercial Co., Ltd., and Tianpeng Power supply, a subsidiary of the company, purchased about 224 tons of NCA materials from ECOPRO in 2021.

[Shanshan Co., Ltd.: laboratory fire does not affect production and operation] in response to the fire in the wet process laboratory of BASF Sequoia Battery Materials Co., Ltd., people related to Cedar Co., Ltd. responded to reporters that the company mainly produces lithium battery cathode materials. the fire laboratory is one of the R & D production lines, which has no impact on the company's production and operation; in terms of losses, the company started insurance negotiations yesterday.

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