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Youngy's Subsidiary Signs Jijiaka Spodumene Mine Outsourcing Deal
Youngy Co., Ltd. (002192.SZ): Rongda Lithium and the Kangding City Government of Ganzi Prefecture signed a cooperation agreement for the transportation of raw ore.
On December 3, Gelonghui reported that youngy co.,ltd. (002192.SZ) announced that recently, its wholly-owned subsidiary Ganzi Rongda Lithium Industry Co., Ltd. (hereinafter referred to as "Rongda Lithium") signed the "Raw Ore Transportation Cooperation Agreement" with the People's Government of Kangding City, Ganzi Prefecture. Both parties reached an agreement on the outsourcing of ore selection for the raw ore mined from the Methylka spodumene mine in Kangding City. Within two years after the agreement takes effect, Rongda Lithium can outsource the selection of the raw ore mined from the mountain, with the annual transportation of raw ore not exceeding the quantity stipulated in the agreement. The agreement stipulates that Rongda Lithium will carry out the ore selection capacity expansion project at the original mining site.
We Think YOUNGY (SZSE:002192) Can Stay On Top Of Its Debt
Youngy Co., Ltd. (002192.SZ): Currently not involved in solid state battery related business.
On November 21, Gelonghui reported that youngy co.,ltd. (002192.SZ) stated on the investor interaction platform that the company is currently not involved in any solid state battery business.
Youngy to Set Up Subsidiary for 100 Million Yuan
Youngy co.,ltd. (002192.SZ): intends to invest 0.1 billion yuan to establish Lanzhou youngy material technology.
On November 19, Gelonghui reported that youngy co.,ltd. (002192.SZ) announced that the company, based on strategic planning and operational development needs, aims to further streamline the upstream and downstream industry chain of lithium battery materials, fully leveraging the synergetic advantages of the industry chain. The company plans to invest 0.1 billion yuan to establish a wholly-owned subsidiary, Lanzhou Rongjie Material Technology Co., Ltd. (tentative name, subject to final approval and registration by the industrial and commercial administrative authority), to engage in business related to lithium-ion battery anode material.
YOUNGY Co., Ltd. (SZSE:002192) Shares Fly 30% But Investors Aren't Buying For Growth
