Ganfeng Lithium to Inject 500 Million Yuan for Lithium Battery Base via Industrial Fund

Published: Jan 15, 2025 17:15

Save

[Ganfeng Lithium Plans to Introduce 500 Million Yuan for Lithium Battery Base Construction] On January 14, Ganfeng Lithium released the "Announcement on the Progress of Guarantee Involved in the Capital Increase and Share Expansion of the Holding Subsidiary Nanchang Ganfeng LiEnergy." The announcement, which has been approved by the shareholders' meeting, states that its wholly-owned subsidiary, Nanchang Ganfeng LiEnergy Technology Co., Ltd., plans to introduce an industrial fund of 500 million yuan established by the platform company of Xinjian District, Nanchang City, to be used for the new energy project construction in Xinjian District, Nanchang Ganfeng LiEnergy.

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 to learn 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

1 hour ago

China's Biggest BTM Storage Project by Great Power and Zhongfu was Put into Operation!

1 hour ago

2 hours ago

Public Inquiry and Comparison Procurement Tender for Equity Flake Graphite in May 2026

2 hours ago

5 hours ago

[Lithium Battery: CNGR's Q1 Revenue and Net Profit Both Increase]

On April 28, CNGR Advanced Material Co., Ltd. disclosed its first quarter report for 2026. The financial report shows that in the first quarter of 2026, CNGR achieved operating revenue of 15.750 billion yuan, a year-on-year increase of 46.00%; net profit attributable to shareholders of the listed company was 555 million yuan, a year-on-year increase of 80.54%; net profit after deducting non-recurring gains and losses was 518 million yuan, a year-on-year increase of 96.87%. As of the end of the reporting period, the company's total assets were 83.432 billion yuan, an increase of 2.24% compared to the end of the previous year.

5 hours ago