Chengxin Lithium Group Co., Ltd. was established on December 29th, 2001, with a registered place in Chengdu, Sichuan Province, China and registered capital of 922 million yuan. On May 23rd, 2008, the company listed on the Shenzhen Stock Exchange (stock code: 002240, stock abbreviation: Chengxin Lithium).
The company currently has 40+ holding subsidiaries, mainly in Sichuan Province, Guangdong province, Indonesia, Argentina and Zimbabwe with more than 2,400 employees. As of the end of 2022, the company's total assets was 18.43 billion yuan, and the net assets attributable to listed company was 12.73 billion yuan. In 2022, the company's operating income was 12.04 billion yuan, and the net profit attributable to the listed company was 5.55 billion yuan.
The company's main business is production and sales of new energy lithium battery materials. The main products are lithium concentrate, lithium carbonate, lithium hydroxide, lithium chloride, and lithium metal.
At present, the company has built a total production capacity of 72,000 tons of lithium salt in Deyang and Suining. The company plans to build a new capacity of 60,000 tons of lithium salt project in Indonesia which was expected to be completed by the end of 2023. In Suining, Sichuan Province, the company also plans to build a new lithium salt project with a capacity of 10,000 tons per year using lithium brine resources. The company's lithium salt production capacity ranks among the top in the world. The lithium salt production technology of the company is advanced and mature. The technical team has rich experience in lithium product research and development, production management and strong professional background. The company's main customers include BYD, CATL, CALB, RETP, LG Chemical, SKO, POSCO Chemical, Ronbay Technology and other industry leading enterprises.
In terms of lithium resources, the company has expanding strategy both at home and abroad. The company has a professional mine development and construction team. The company has the experience of successfully developing Aoyinuo Mining in Jinchuan County, Sichuan Province which is difficult to construct. The company has successfully developed Aoyinuo Mining in Jinchuan County, Sichuan Province, which is difficult to construct. The production scale of raw ore is 405,000 tons per year, equivalent to about 75,000 tons of lithium concentrate. The company owns the Sabi Star lithium tantalum project in Zimbabwe, with a raw ore production scale of 900,000 tons per year, equivalent to about 200,000 tons of lithium concentrate. The company participated in equity of Huirong Mining company in Yajiang County, Sichuan Province, and acquired the independent operation right of SDLA brine project in Argentina. The company also invested in several preliminary exploration stage brine projects such as Pocitos and Arizaro.
With the development of global new energy vehicle industry and energy storage industry, the demand for lithium battery industry is strong, providing a huge market space and development opportunities for lithium salt products. With the strategic goal of "committed to become a world leading lithium battery new energy material producer ", the company has always maintained strategic focus, continued to increase investment in the field of lithium new energy, and continued to actively seek high-quality lithium resource projects around the world, focusing on strengthening resource reserves around Sichuan, Africa, Argentina and other places, and expanded production capacity planning according to the market demand for lithium products in the future. The company will cling to industry development opportunities, closely center around "resource, scale, quality, customer" to carry out the work, enhance resource guarantee, expand production capacity, improve product quality, serve core customers, contribute to the energy sustainable development of the world.
© 2021 Chengxin Lithium