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Does Chengtun Mining Group (SHSE:600711) Have A Healthy Balance Sheet?
Investors Will Want Chengtun Mining Group's (SHSE:600711) Growth In ROCE To Persist
ST Shengtun (600711.SH) has not directly targeted solid state batteries.
Gelonghui November 7th | ST Shengtun (600711.SH) stated on the interactive platform that the company focuses on its main business, currently mainly upstream resources and material processing, without directly targeting solid state batteries.
ST Shengtun (600711.SH): Actively studying the introduction of strategic investors related to the company's main business of energy metals copper, nickel, and cobalt.
Glory Times reported on November 7th that Special Treat Shengtun (600711.SH) stated on the interactive platform that in the future, based on the actual situation of the company and global strategy deployment, it will actively research the introduction of strategic investors focusing on the company's main energy metals, such as copper, nickel, and cobalt.
Special treat Shengtun (600711.SH): The company's current products have not yet expanded to ternary precursors.
Gelonghui on November 7th: Special Treat Shengtun (600711.SH) stated on the interactive platform that the company's current products have not yet expanded to ternary precursors. The company's guizhou new materials project outputs cobalt sulfate, nickel sulfate, and other salt products as raw materials for downstream ternary precursors manufacturing. The company attaches importance to upstream resource reserves, and the application scope of metals such as nickel and cobalt is not limited to ternary materials alone. The new battery system will inevitably involve multiple metals, and the specific development direction can refer to relevant research data.
ST Shengtun (600711.SH): there are germanium products in the by-products.
November 7th, ST Shengtun (600711.SH) stated on the interactive platform that the company focuses on the main business of copper, nickel, and cobalt metals, and does not have germanium mineral resources. Its subsidiary Shengtun Zinc Germanium mainly engages in the smelting business of zinc and by-products, including germanium products; currently, Huajin Mining is processing the relevant production procedures, and the company will reasonably advance and arrange further plans according to the actual situation and market conditions, striving to create better benefits as soon as possible; the company is conducting exploration work in the FTB potential exploration area, and has increased its exploration efforts in the FTB potential exploration area over the past two years. The relevant work is still ongoing.
Chengtun Mining Group (SHSE:600711) Adds CN¥470m to Market Cap in the Past 7 Days, Though Investors From Three Years Ago Are Still Down 44%
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