I. Jiangte MotorJiangte Motor: The company is a national high-tech enterprise engaged in the R&D, production and sales of special motors and lithium battery new energy series products. It is also known as one of the backbone enterprises in the national motor industry, the top 100 enterprises in Jiangxi Province and the listed companies in Shenzhen Stock Exchange. It has 14 wholly-owned subsidiaries in China. The company, as an important production base of special motors in China, mainly produces motors for lifting and metallurgical applications, high voltage motors, port motors, supporting motors for wind power, elevator motors and explosion-proof motors, among which, the sales of the motors for lifting and metallurgical applications, supporting motors for wind power and elevator motors are listed in the front rank. In addition, the company accelerates its pace of developing the lithium battery new energy industries, with a lithium battery new energy industry chain established covering the mining, the processing and the preparation of lithium carbonate and rubidium and cesium by using lepidolite, the lithium battery cathode material, the electric automobile drive motor and control system, and the low-speed electric vehicles.II. Jiangte MiningJiangte Mining: Jiangxi Jiangte Mining Development Co., Ltd., founded in 2011, is one of the wholly-owned subsidiaries of Jiangte Motor and is mainly engaged in the selection of lithium mineral resources and the management of deep processing. It owns 6 holding companies and controls 4 mining rights and 5 exploration rights; there are 43 square kilometers involved, accounting for more than 2/3 of the proven lithium mineral resources in Yichun. The products include lithium china stone, kaolin, feldspar powder, tantalum-niobium, lithium carbonate, rubidium salt, cesium salt, sylvite, sodium salt and so on.III. Yichun YinliYichun Yinli: Yichun Yinli New Energy Co., Ltd., founded in 2011, is a wholly-owned subsidiary of Jiangte Mining. It covers an area of 10 hectares and the registered capital is 15 million yuan. The company is a lithium battery new energy high-tech enterprise combining the R&D, production and sales, which is specialized in the low cost comprehensive utilization of the lepidolite to prepare byproducts such as battery grade lithium carbonate, rubidium and cesium. Its products mainly include battery grade lithium carbonate, industrial grade lithium carbonate, lithium hydroxide, lithium chloride, rubidium salt, cesium salt, sylvite, sodium salt, silica sand, gypsum and so on.IV. Jiangte Electric Vehicles:Jiangte Electric Vehicles: Jiangxi Jiangte Electric Vehicles Co., Ltd.， founded in 2012, is a wholly-owned subsidiary. It covers an area of 20 hectares and the registered capital is 20 million yuan. It is a high-tech enterprise that is specialized in the R&D, production and sale of electric wheelchairs, mobility scooters, pure electric vehicles and other new energy electric vehicles. There are more than 20 professional and technical personnel, 2 advanced production lines for scooters, 2 electric wheelchair production lines and a professional and advanced vehicle testing platform. The efficient and environmentally friendly lithium batteries are adopted as the power source. The products have passed GB12996 and CE certification and are exported to USA, EU, UK, Australia, South Korea and Japan, and other countries and regions.V. Jiangte Lithium BatteryJiangte Lithium Battery: Jiangxi Jiangte Lithium Battery Materials Co., Ltd., founded in 2009, is a wholly-owned holding subsidiary. It covers an area of 10.67 hectares and the registered capital is 82.44 million yuan. It is a high-tech enterprise combining the basic research, product development, production, sales and the provision of new energy clean solutions as a whole. The main products include lithium-rich manganese-based cathode materials for lithium ion batteries and ternary series cathode materials. The company adopts a unique preparation process and is equipped with an advanced lithium-ion cathode material production line based on its own design. It has strong capabilities of independent R&D and innovation, independent intellectual property rights and more than 10 national patents for invention. It has an annual output of 1,200 tons of lithium-rich manganese-based cathode materials and ternary materials.
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$1.64 Sentiment: Buy Disclosure: Held
