Jiangxi Ganfeng Lithium Industry Co., Ltd. was formerly Xinyu Ganfeng Lithium Industry Co., Ltd., which was established in 2000. The company's main business is research and development, production and sales of lithium series products.
Ganfeng lithium industry started from the middle reaches of processing, mainly focusing on two categories: metallic lithium and deep-processed lithium compounds. On 20 18, Ganfeng Lithium Industry began to actively bet on lithium hydroxide, aiming at the high nickel ternary market.
On 20 18 10, Ganfeng Lithium was listed on the main board of the Hong Kong Stock Exchange, becoming the first lithium company to be listed on A+H shares.
Speaking of Ganfeng Lithium Industry, another enterprise that has to be mentioned is Tianqi Lithium Industry. Compared with the former, the quality of lithium concentrate in Tianqi Lithium Industry is higher. In the first half of 20 19, the gross profit of series lithium products of Ganfeng Lithium Industry was 28.85%, that of lithium concentrate products of Tianqi Lithium Industry was 73.64%, and that of lithium chemical products was 52.63%.
However, in order to compete for the best quality lithium mine in the world, Tianqi Lithium acquired Tellison, the world's largest spodumene mine producer, in 20 14, and bought 23.77% equity of SQM (Chile Chemical Mining Company) in 20 18, so it assumed huge financial leverage and its asset-liability ratio remained high.
Since 20 18, Tianqi lithium industry, which is burdened with high financial costs, has reduced its output and profits and is heavily in debt due to the continuous decline in the price of lithium mineral products.
According to the data of CRU and changjiang securities Research Institute, in the global effective supply share of lithium compounds in 20 18 years, Ganfeng lithium industry accounted for 14% and Tianqi lithium industry accounted for12%; For lithium hydroxide, Ganfeng Lithium Industry 17% and Tianqi Lithium Industry 9%.
According to the data of Roskill and CITIC Securities Research Department, in 20 19 years, Ganfeng lithium industry accounted for 17%, and Tianqi lithium industry accounted for 14%.
In 2020, the rumors that Tianqi Lithium will sell its Australian Greenbush mine are endless, and the position of "the first brother" of domestic lithium industry also gives way to Ganfeng Lithium Industry.
In the second half of 2020, with the recovery of the new energy vehicle market, the domestic lithium carbonate market continued to pick up, and the average price of lithium carbonate rebounded.
Among them, from the end of August to the beginning of September, new orders from various enterprises began to increase. At that time, the mainstream transaction price in the domestic battery-grade lithium carbonate market was concentrated at 39,000 -4. 1 10,000 yuan/ton. By the end of June this year, the price of lithium carbonate continued to rebound from 5438+ 10. The mainstream price of battery-grade lithium carbonate market reaches 40,000-43,200 yuan/ton, and the average price reaches 4120,000 yuan/ton.
It should be pointed out that the recovery of the upstream lithium industry is not limited to battery-grade lithium carbonate, but the prices of industrial-grade lithium carbonate and lithium hydroxide have also increased to varying degrees.
The stabilization and recovery of the upstream lithium material price not only comes from the recovery of the new energy industry, but more importantly, the change of supply and demand in the lithium mine industry.
The production capacity of 20 18 was released in a centralized way. After the withdrawal of 20 19 Australian lithium mineral energy, the lithium material industry is now returning to the direction of supply and demand balance.
In addition, on June 2nd, 165438+ the State Council general office issued the notice of "New Energy Automobile Industry Development Plan (20021-2035)", and the policy update brought positive guidance to the development of new energy automobile industry and long-term support to the consumption of key resources such as lithium and nickel.
Under the above background, the shares of Lithium Industry rose sharply on June 5438+065438+1October 9, and Ganfeng Lithium Industry rose by 2.78% on June 5438+03: 55, with a total market value of 1028 billion yuan, which made the company's market value exceed 100 billion for the first time since its listing in 20 10.
However, on the following165438+1October 10, according to the announcement of Shareholder Reduction Plan issued by Ganfeng Lithium Industry, Ganfeng Lithium Industry received the notification letter from the shareholders of the company on May 1 1 2020. On June 6th, 165438+ officially completed the reduction plan of Mr. Xu Jianhua and Fu Lihua, and * * * reduced the company's shares by 130000 shares, accounting for 0.0 104% of the company's total shares.
In addition, also on June 5438+065438+ 10/0, according to the latest information disclosed by the Stock Exchange, Ganfeng Lithium was reduced by Suzaku Fund Management Co., Ltd. to 3.824 million shares of Hong Kong stocks, involving an amount of about HK$ 2120,000.
As of June165438+1October 10, Ganfeng Lithium Industry closed down 5.03% in Shenzhen Stock Exchange and 3. 19% in Hong Kong Stock Exchange.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.