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Here's Why Chengxin Lithium Group (SZSE:002240) Can Afford Some Debt
gtja: The lithium price has bottomed out by the end of 2024, and it is expected to fluctuate in the bottom range in 2025.
Due to the time lag in the construction of lithium projects, the overall upstream lithium capacity expansion is lagging behind the rise in lithium prices, and there are still a large number of projects awaiting implementation for expansion.
Recent 5.7% Pullback Isn't Enough to Hurt Long-term Chengxin Lithium Group (SZSE:002240) Shareholders, They're Still up 125% Over 5 Years
Chengxin lithium group (002240.SZ): Currently, the company does not have any lithium battery production business.
Gelonghui November 25th | Chengxin Lithium Group (002240.SZ) stated on the investor interaction platform that the main business of the company is the production and sales of lithium mining, basic lithium salt, and lithium metal products, which are important raw materials for lithium batteries. Currently, the company does not have lithium battery production business.
Chengxin Lithium Group Co., Ltd.'s (SZSE:002240) Stock Price Dropped 3.9% Last Week; Retail Investors Would Not Be Happy
Shengxin Lithium Energy: Report for the third quarter of 2024
See the daily top gainer.