Youngy's Subsidiary Signs Jijiaka Spodumene Mine Outsourcing Deal
Express News | Youngy Co., Ltd.: Signed a cooperation agreement for the external transportation of raw ore.
youngy co.,ltd. (002192.SZ): Currently not involved in solid state battery related business
Gelonghui November 21st | Youngy co.,ltd. (002192.SZ) stated on the investor interaction platform that the company is currently not involved in solid state battery related business.
Youngy to Set Up Subsidiary for 100 Million Yuan
youngy co.,ltd. (002192.SZ) plans to invest 0.1 billion yuan to establish a subsidiary to engage in related business of lithium-ion battery anode material.
Youngy Co., Ltd. (002192.SZ) issued a notice, stating that the company is based on the needs of its global strategy and operation development, in order to further...
Express News | youngy co.,ltd.: Intends to invest 0.1 billion yuan to establish a wholly-owned subsidiary.
Hong Kong A shares anomaly: lithium mines in australia suspended production, lithium carbonate prices rising, lithium mining stocks collectively strengthening, ganfeng lithium and tianqi lithium corporation hit the limit up.
According to Gelunhui on November 19, it is reported that due to the suspension of lithium mines in Australia, the price of lithium carbonate once rose by over 5%, triggering a strong rally in lithium mining stocks in Hong Kong and A shares in the afternoon. In the A-share market, lithium mining stocks experienced a wave of daily limit up, with Canmax Technologies rising by over 12%, Dazhong Mining, Jiangxi Special Electric Motor, Tianqi Lithium Corporation, Youngy Co.,Ltd., Ganfeng Lithium, Sinomine Resource Group, Yongxing Special Materials Technology, Willing New Energy, and Chengxin Lithium Group all hitting the limit up. In the Hong Kong stock market, Ganfeng Lithium rose by over 13%, while Tianqi Lithium Corporation rose by nearly 10%. Australian lithium mining company Mineral Resources stated that due to the long-term low price of spodumene concentrate, they will therefore be shutting down their lithium mines in Western Australia.
Express News | Lithium stocks surged in the afternoon, Ganfen lithium hit the daily limit.
Rongjie Co., Ltd.: Report for the third quarter of 2024
youngy co.,ltd. (002192.SZ) released its performance for the first three quarters, with a net income of 0.183 billion yuan, a year-on-year decrease of 48.94%.
youngy co.,ltd. (002192.SZ) released the third quarter report of 2024. In the first three quarters, the company achieved revenue...
youngy co.,ltd. (002192.SZ): At present, Yongda Lithium Industry has not yet entered the winter maintenance period.
Gelonghui October 28th 丨 Youngy co.,ltd. (002192.SZ) stated on the investor interaction platform that the company's operation is proceeding normally, currently Rongda Lithium has not entered the winter shutdown period, the company's mine winter shutdown period will be arranged according to the actual situation annually.
youngy co.,ltd. (002192.SZ): The cathode material project of Rongjie Power in Guangzhou is currently in the construction phase and has not yet been put into production.
Gelonghui October 14th | youngy co.,ltd. (002192.SZ) stated on the investor interaction platform that the Guangzhou youngy power cathode material project is currently in the construction phase and has not yet started production. Please pay attention to the company's regular reports or subsequent disclosures for relevant updates.
The lithium sector of A-share market is strong, tianqi lithium corporation hits the daily limit.
On September 30, Tianqi Lithium Corporation hit the daily limit, with Youngy Co., Ltd., Ganfeng Lithium, Tibet Mineral Development, Chengxin Lithium Group, and others following the upward trend.
Youngy Co., Ltd. (002192): Investment income boosts profits, Q2 performance shows significant growth compared to previous quarter.
Event: The company released its interim report for 2024, achieving revenue of 0.251 billion yuan, a year-on-year decrease of 60.5%; net profit attributable to shareholders of 0.166 billion yuan, a year-on-year decrease of 45.1%, and non-GAAP net profit of 0.142 billion yuan, a year-on-year decrease of 48.6%. Among them,
Youngy Co., Ltd. suffered a double-digit decline in revenue and net profit in the first half of the year, due to setbacks in its three major products. Interpretations of the financial report.
1. Lithium concentrate, lithium salt, and lithium equipment business declined, Youngy Co., Ltd. had a double decline in revenue and net profit in H1 compared to the same period last year; 2. The company's net profit in Q2 has increased compared to the previous quarter, which is different from the industry. Some analysts in the industry told Caixin reporters that this may be due to differences in the company's recognition and accounting methods across periods and with other companies; 3. The location of the 2.5 million tons/year Yan Yang Ba lithium ore selection project, which has attracted attention from the industry, has not yet been determined. There is uncertainty in the project construction and production time.
YOUNGY Co.,Ltd.: Summary of Half-Year Report in 2024.
YOUNGY Co.,Ltd.: Half-year report for the year 2024.
Youngy Co., Ltd. (002192.SZ): The net income in the first half of the year was 0.166 billion yuan, a decrease of 45.09% year-on-year.
On August 19th, Gelunhui reported on the half-year report for 2024 of Youngy Co.,Ltd (002192.SZ). During the reporting period, the company's total operating income was 0.251 billion yuan, a 60.54% decrease compared to the same period last year; the net income attributable to shareholders of listed companies was 0.166 billion yuan, a 45.09% decrease; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.142 billion yuan, a 48.58% decrease; the basic earnings per share were 0.6392 yuan. The net cash flow from operating activities was 0.281 billion yuan, a 140.33% increase compared with the same period last year. The company achieved this in the second quarter.
Express News | The lithium index is strong, with Sinomine Resource Group, Youngy Co., Ltd., Zangge Mining, Western Mining, Tibet Summit Resources and others all rising.
Express News | Lithium prices bottomed out, and the differentiation of lithium ore enterprises may lead to new changes in the competition pattern of the lithium mining industry.
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