01772 GANFENGLITHIUM
- 17.200
- -0.860-4.76%
GANFENGLITHIUM News
Lithium battery stocks under pressure, BYD Electronic (00285) fell 3.7%. Cui Dongshu expects that the demand for electric vehicle batteries will grow slower than the total vehicle growth.
Jingu Finance News | Lithium battery stocks under pressure, BYD Electronic (00285) fell 3.7%, Tianqi Lithium Corporation (09696) fell 3.01%, Ganfeng Lithium (01772) fell 2.33%, and Zhongchuangxinhang (03931) fell 2.44%. Cui Dongshu, secretary general of the China Passenger Car Association, wrote that lithium battery installations in June 2024 reached 43 GWh, an increase of 30% YoY. The installation of ternary batteries was 11 GWh, accounting for 26%, which is lower than the same period last year. The installation of lithium iron phosphate batteries was 32 GWh, accounting for 74%, and the growth rate of ternary batteries has slowed down. The total lithium battery installations from January to June was 203 G, a YoY growth of 3.
Cui Dongshu: In June, 43 GWh of lithium batteries were installed, with phosphate iron lithium batteries accounting for 74%, and the growth of ternary batteries slowing down.
In June, the shipment volume of lithium batteries was 43 GWh, a 30% YoY increase; the shipment volume of lithium iron phosphate batteries was 32 GWh, accounting for 74%, and the growth of ternary batteries slowed down. From January to June, the shipment volume of lithium batteries was 203 G, with a YoY increase of 34%.
Ganfeng Lithium (002460.SZ): Partial completion of stock purchase for employee stock ownership plan reserved for 2023.
On July 19, GeLonghui reported that ganfenglithium (002460.SZ) announced that from July 2, 2024 to July 18, 2024, some of the employee stock ownership plan reserved by the company for 2023 was purchased through the Shenzhen Stock Exchange trading system using secondary market bidding, with a total of 478,280 shares of the company's A shares, accounting for 0.02% of the total share capital of the company. The highest purchase price was 29.65 yuan/share, the lowest was 28.20 yuan/share, and the average transaction price was 28.90 yuan/share. The total transaction amount was about RMB 13.8214 million, and the source of funds was the company.
Statistics of Short Positions in Intelligent Hong Kong Stocks | July 19th
Intelligent Hong Kong Stock empty position holding order | July 19th
Ganfeng Lithium (01772.HK) received a shareholding of 0.3152 million shares from JPMorgan.
According to the latest equity disclosure information of the Stock Exchange, on July 12, 2024, ganfenglithium (01772.HK) received JPMorgan Chase & Co.'s shareholding of 0.3152 million shares with an average price of HKD 17.3447 per share, involving about HKD 5.4675 million. After the shareholding, the latest holding of JPMorgan Chase & Co. is 56.5261 million shares, and the shareholding ratio has increased from 13.92% to 14.00%.
The surplus situation is difficult to change, and the price of lithium carbonate continues to decline! How long can the cost line of 0.08 million yuan/ton last?
Approaching the cost line
Soochow Securities: domestic forklift lithium battery short delivery advantage can be sustained, bullish on increasing market share and structural optimization for going abroad.
In 2024, under the trend of tightening eco-friendly policies, the stock of National IV diesel vehicles will replace National II and below diesel vehicles, and the penetration rate of high-value lithium electric forklifts will increase. Domestic sales are expected to continue to grow, optimizing the structure.
Ganfeng Lithium plans to distribute 8 yuan cash for every 10 A shares.
Ganfeng Lithium (01772) announced that the company will implement the distribution of A-share equity in 2023, distributing RMB 8.00 in cash per 10 shares to all shareholders. The A-share equity registration day for this profit distribution is July 23, 2024, and the ex-rights and ex-dividend date for A-shares is July 24, 2024.
The contradiction between supply and demand is prominent! The price of lithium carbonate continues to fall, and the cost line of 80,000 yuan/ton is in danger.
Due to oversupply and continuous insufficient demand, the price of lithium carbonate has been falling steadily in the recent period.
Express News | Mexico President-Elect Sheinbaum: Government Will Maintain Legal Dispute With China's Ganfeng so That Lithium Belongs to Mexicans
Ganfenglithium (01772) plans to distribute 8 yuan in cash per 10 shares of A shares.
Ganfeng Lithium (01772) has released an announcement,
Ganfeng Lithium (002460.SZ): annual equity distribution of 10.8 yuan in 2023, ex-date on July 24.
Ganfeng Lithium (002460.SZ) announced on July 17 that the company's 2023 annual equity distribution plan is based on the total A-share capital of 1,613,593,699 shares. The company will distribute 8.00 yuan in RMB cash to all shareholders for every 10 shares held. The A-share equity registration date for this profit distribution is July 23, 2024, while the A-share will go ex-dividend on July 24, 2024.
Guotou Securities: production and sales volume increased year-on-year, lithium concentrate prices under pressure.
As global lithium mining exploration and production projects are gradually completed and put into operation, the continuous increase in resources has led to stable growth in production and sales of mining companies. However, the continuous decline in sales prices has further boosted sales while dragging down the company's performance.
Ganfeng Lithium to Trade Derivatives to Hedge Against Global Expansion Risks
Metal Hydride Market 10 Year Forecast Report 2024-2034, Featuring Albemarle, Ganfeng Lithium Group, DalChem, American Elements and Triveni Chemicals
Ganfeng Lithium Group's (SZSE:002460) Five-year Earnings Growth Trails the 14% YoY Shareholder Returns
Ganfeng Lithium announced the nomination of Luo Rong as a non-executive director candidate.
Ganfeng Lithium (01772) announced that Yang Juan resigned from the position of non-executive director, member of the board remuneration committee, and member of the board strategic committee due to the need to devote more time to her personal development. The resignation will take effect from July 15, 2024. Considering Ms. Yang's resignation from the position of non-executive director and committee member, the board has agreed to nominate Luo Rong as a candidate for non-executive director, member of the remuneration committee and the strategic committee.
Ganfeng Lithium announced plans to conduct trade in derivative products using its own funds.
Ganfeng Lithium (01772) announced that as Jiangxi Ganfeng Lithium Industry Group Co., Ltd. (hereinafter referred to as the Company) expands its global layout, overseas industrial investment by the company is gradually increasing. The company and its subsidiaries plan to moderately carry out derivative trading to reduce market volatility risks associated with cross-border investment and overseas industry and enhance financial stability. The traded products are financial derivatives (including but not limited to options and forward products) with underlying assets including securities, indexes, commodities, interest rates, etc., involving overseas and off-exchange trading. Within the authorized period, the amount of trading margin and premium to be used shall not exceed 80 million yuan.
Ganfeng Lithium's subsidiary Minera Exar plans to issue bonds overseas not exceeding $200 million or its equivalent in other currencies.
Ganfeng Lithium (01772) announced that on July 15, 2024, in order to meet the needs of its overseas business development of its controlling subsidiary, Minera Exar SA (hereinafter referred to as "Minera Exar"), further expand the overseas financing channels, improve the flexibility of capital use, and in combination with the current overseas bond market situation, the board of directors has authorized Minera Exar as the issuer to issue bonds overseas in China for no more than $0.2 billion or other equivalent currencies. The board of directors and its authorized personnel are authorized to handle all matters related to this bond issuance.
Ganfeng Lithium intends to transfer 10% equity of Jintai Potash for 400 million yuan.
On July 15, 2024, Ganfeng Lithium (01772) announced that its board of directors had approved its fully-owned subsidiary, Qinghai Liangcheng Mining Co., Ltd., to transfer 10% equity of Qinghai Jintai Potassium Fertilizer Co., Ltd. held by Qinghai Liangcheng to Qinghai Juli New Energy Fund Technology Co., Ltd. for a price of CNY 0.4 billion. Prior to the completion of the transaction, Qinghai Liangcheng holds 39.15% of shares in Jintai Potassium Fertilizer; after the completion of the transaction, Qinghai Liangcheng will hold 29.15% of shares in Jintai Potassium Fertilizer.
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