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Fangyuan Corporation (688148.SH): Currently, the company's cash flow situation is stable.
Fangyuan Stock (688148.SH) stated during a recent institutional investor reception that the net cash flow from operating activities for the company in 2023 was negative. This was mainly due to a YoY decrease in sales prices and order volume, leading to a reduction in sales receipts. However, the situation has stabilized as the net cash flow turned positive in Q1 2024.
Fangyuan shares (688148.SH): It has started supplying NCM5 products to domestic customers in the second quarter of this year.
Fangyuan shares (688148.SH) recently stated during a reception with institutional investors that the company's diversified product sales strategy has been effective, with gradual increases in sales volume of lithium carbonate products and sustained growth trends in intermediate products such as cobalt sulfate and nickel sulfate. In terms of precursors, the company has started supplying NCM5 series products to domestic customers in the second quarter of this year. The company will continue to expand sales channels and improve capacity utilization.
Fangyuan Stock (688148.SH): the company has wet metallurgical technology, which has technical advantages in lithium recovery.
On July 16th, Gelunhui News reported that Fangyuan Shares (688148.SH) recently stated during a meeting with institutional investors that the company has wet metallurgical technology and has technical advantages in lithium recycling. During the 2023 period, the company has added five new patent applications related to lithium recycling, mainly for reducing lithium production costs, improving overall lithium recovery efficiency and yield by improving extraction efficiency and simplifying extraction processes. The company's current lithium yield has reached a high level with a low loss rate.
Fangyuan Shares (688148.SH) awarded 9.476 million restricted stocks to 155 incentive targets.
Fangyuan Stock (688148.SH) announced that the company believes that the restricted stock incentive plan for 2024 will be granted...
Fangyuan Share (688148.SH): The current main raw material for lithium carbonate is lithium sulfate solution (brine).
On July 10th, Gelunhui reported that Fangyuan shares (688148.SH) recently stated during a visit with institutional investors that the company's main raw materials include nickel beans, cobalt beans, nickel hydrometallurgical refining intermediate products (MHP), nickel-cobalt materials, ternary powder, and waste batteries containing nickel and cobalt. The main raw material for lithium carbonate is currently lithium sulfate solution (brine).
Fangyuan Corporation (stock code: 688148.SH): Currently, the production capacity that has been built and put into operation is annual production of 0.086 million tons of ternary precursors and 10,000 tons of lithium salt products.
On July 10th, GeLonghui reported that Fangyuan shares (688148.SH) stated during a recent visit from institutional investors that the company's current built and commissioned production capacity is 0.086 million tons per year of ternary precursors and 10,000 tons of lithium salt products, of which the ternary precursor production line can produce intermediate products such as nickel-cobalt salt. In addition, the company is increasing its battery-grade lithium carbonate production capacity through new construction and technological transformation.
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