Lithium, page-23

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* State Tower Tech lithium batteries is actually meant to be  GXHT - (Jiangsu Dongyuan Electrical Group Co Ltd)
Preventing risks and reduce costs of lithium extend the industrial chain to accelerate the company

Updated: March 17, 2016  Views: 4


Recently, the State Tower Tech lithium batteries and many other listed companies have accelerated the pace of upstream and downstream industry chain layout. Insiders said that listed companies to accelerate the lithium battery industry chain upstream and downstream industry chain extension, can reduce the cost of raw materials, in order to risk prevention.

Upwardly extending downstream

Lithium battery enterprises, China Xuan Tech has announced that BAIC intends to launch a new energy capital increase, the current round of proposed increase in the registered capital of 1.2 billion yuan. In order to promote Hefei, China Xuan and Beiqi new energy cooperation in the new energy vehicles, and jointly promote the new energy automotive industry development, a subsidiary of Hefei, China Xuan intends to own funds to subscribe for 307.2 million yuan Beiqi new energy new registered capital 120 million yuan after the completion of the capital, Hefei, China Xuan will hold a 3.75% stake in Beiqi new energy.


The company said that to further strengthen cooperation with key strategic customers, the company through equity capital Hefei, China Xuan Beiqi new energy, new energy vehicles is conducive to seize the historical opportunity of explosive growth, extension of new energy automotive industry chain, expand the space, plus large industrial layout, and enhance overall profitability.

We committed to the new energy automotive industry chain layout Fluoride

Risk prevention and reduce costs

Insiders said that listed companies to accelerate the lithium battery industry chain downstream extending upward, partly for lower raw materials cost considerations, one is to extend the industrial chain to guard against risks.
Tour lithium carbonate raw materials above example, since the Spring Festival, lithium carbonate sustained tension between supply and demand, prices continued to rise rapidly since the momentum of last year's fourth quarter, surrounded by four times the price, offer a small number of battery grade lithium carbonate and even topped the 180,000 yuan / ton mark in front of the huge cost pressure, a lot of positive electrode material, lithium hexafluorophosphate by listed companies will be part of the layout of lithium carbonate, to reduce production costs.
In lithium hexafluorophosphate leading godsend material
Upstream companies are constantly extends downstream in the consolidation of the industry chain advantages simultaneously. In the lithium mineral resources more than a layout Jiang motor