If the CR comes from strategic investors (I believe it is) instead of sophisticated investors (I will be very disappointed with management's if it does), then the investor(s) can come from any of the following groups:
1. Lithium battery manufacturers (e.g. LG Chem, Samsung SDI, BYD, CATL etc.)
2. Lithium producers (eg sqm, albemarle, fmc, tianqi, gangfeng)
3. Lithium mineral miners that do not produce Lithium (eg gxy, ore etc.)
4. Car companies (bmw, vw, byd, tesla etc.)
Of the above groups, I will exclude group 3 and 4 as I believe that it is highly unlikely this will be the case. This leaves group 1 or 2. From these, CATL, had already been mentioned in this thread. However, beside CATL, I think it can also be either gangfeng or BYD.
Why Gangfeng? Currently, it is in the top five of the lit producers in the world and would aspire to become the leader as stated by Gangfeng from this article: "As part of our expansion plan, we plan to increase our mineral resources through acquisitions of and/or investments in companies with existing exploration rights and additional mining assets,” Ganfeng said. (https://investingnews.com/daily/res...sting/lithium-producer-ganfeng-hong-kong-ipo/)
Why BYD? Unlike CATL, BYD is already in the group of contenders to join the leader group of Lithium battery manufacturers currently held by LG chem and Samsung SDI (https://www.energy-storage.news/new...op-of-navigants-grid-scale-li-ion-leaderboard)
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