Express News | The Shanghai Futures Exchange: Jiuling Lithium Industry, Chengxin Lithium Group, and 12 other companies are the first batch of "Green Transition to New" industrial base enterprises.

BreakingsApr 1 17:26

Chengxin Lithium Group (002240): Impairment pressure on performance, expansion of Sichuan Mining on the horizon.

Introduction to this report: The decline in lithium prices, combined with impairment provisions, puts pressure on the company's performance in 2024. As the construction of projects such as the forward-looking fluffy Lithium mine progresses, the expected increase in upstream resource self-sufficiency may alleviate the gross margin pressure from the narrowing smelting price difference, and a performance recovery is anticipated.

GTJAMar 28 07:47

Chengxin Lithium Group (002240.SZ): has planned to establish a new capacity of 2,500 tons of Metal lithium.

Gelonghui, March 26丨Chengxin Lithium Group (002240.SZ) recently stated in an investor relations activity that the company has engaged in business related to upstream Metal lithium materials for Solid State Battery. The company's Metal lithium project commenced production in 2020, with an established capacity of 500 tons; the company continues to strengthen its process, technology, and research and development efforts for Metal lithium products, achieving mass production and supply of ultra-thin and ultra-wide lithium strips. Furthermore, the company has planned the construction of a new 2,500-ton Metal lithium capacity to continuously enhance its competitiveness and influence in the Metal lithium Industry.

Gelonghui FinanceMar 26 21:36

Chengxin Lithium Group (002240.SZ): Currently, downstream demand is relatively strong, and the company's production and order situation for lithium salt products is good.

On March 26, Gelonghui reported that Chengxin Lithium Group (002240.SZ) recently stated during an investor relations activity that the company's lithium product sales are a combination of long-term agreements and spot sales, with a focus on long-term agreements. Major customers include leading companies in the Industry such as BYD, Chinachem Innovation, Xiamen Haichen, LGES, SKOn, POSCO, ALB, Hyundai Autos, Hunan Yuneng, and Shenzhen Dynanonic. Currently, downstream demand is strong, and the company's lithium salt product production and order situation are good.

Gelonghui FinanceMar 26 21:35

Chengxin Lithium Group (002240): The short-term decline in lithium prices does not change the company's long-term development plan.

The company released its annual report: the revenue was 4.581 billion yuan, a year-on-year decrease of 42.38%; the net income attributable to shareholders was -0.622 billion yuan, a year-on-year decrease of 188.51%; the net income attributable to shareholders after deducting non-recurring gains and losses was -0.897 billion yuan, a year-on-year decrease of 809.

GuosenMar 25 20:37

Chengxin Lithium to Offload Engineering, Hotel Management Subsidiary for 100 Million Yuan

MT NewswiresMar 24 17:16