Recently, the price of lithium carbonate broke through 180,000 yuan / ton to smash the entire new energy vehicle industry. According to industry insiders, under such a high price, the gross profit margin of lithium carbonate may reach 60%-70%, and the net profit will naturally be very impressive. Just before the announcement of Jiangte Electromechanical, the company's price of lithium carbonate will be controlled below 70,000 yuan, and the gross profit per ton will reach 100,000 yuan. In fact, from the performance reports of the domestic mainstream suppliers of lithium carbonate, Tianqi Lithium and Yanfeng Lithium, we can see that Tianqi Lithium's revenue in the first half of the year was 2.15 billion yuan and net profit was 924 million yuan. The net profit margin was 43%; Lifeng Li's revenue for the first half of the year was 1.625 billion yuan, net profit was 607 million yuan, and the net profit margin was 37%, which really made the industry eye-open. This also drives a large number of enterprises to distribute lithium carbonate business through holding, shareholding or self-built. On October 10, China-Portugal shares announced that it intends to purchase 100% of the shares of Qinghai CITIC Guoan Lithium Development Co., Ltd. held by Qinghai CITIC Guoan Technology Development Co., Ltd., and the two parties initially determined the transaction price to be 2.7 billion. Yuan or so. In this transaction, Sino-Portuguese shares are interested in the salt lake lithium mine resources behind Guoan Lithium, which has unique advantages for the development of lithium carbonate business. Sino-Portuguese shares believe that the future development potential of lithium carbonate is huge. The acquisition of Guoan Lithium will help China and Portugal quickly enter the battery-grade lithium carbonate production industry and improve the company's asset quality and profitability. Earlier, Zongge Holdings announced on the evening of July 31 that the wholly-owned subsidiary Golmud Tibetan Potash Fertilizer Co., Ltd. plans to invest in the establishment of Tibetan Lithium Industry Co., Ltd., which will invest no more than 1.4 billion yuan to build an annual output of 20,000 tons of lithium carbonate. For the project, the initial construction period is estimated to be 18 months. In addition to the above-mentioned enterprises, including Minmetals Salt Lake, Lanke Lithium Industry, Lubei Chemical and other enterprises, they have also launched their own lithium carbonate projects, which are expected to be put into production in 2018. Including Dow Technology, Huayou Cobalt, Yongxing Special Steel, Waterma and other companies, they will focus on the upstream lithium mining resources industry, paving the way for the development of lithium carbonate business. From the current situation, the development of lithium carbonate business is good. However, after careful analysis, it was found that Tianqi Lithium Industry and Yanfeng Lithium Industry had higher revenue and gross profit margin than other lithium carbonate enterprises, because these two companies hold rich lithium resources in the hands of upstream lithium mines. Have the right to speak and control the cost. It is reported that Yanfeng Lithium has four major sources of Heyuan spodumene mine, Argentina Mariana brine mine, Ireland Blackstairs and Australia Mont Marion. Tianqi Lithium has four major mineral resources, including the Thales Green Bush Mine (51% stake), Salares Salt Lake, Shigatse Zabuye and Tula Lithium Phosphate Mine. The resources are the first in China. On the other hand, companies that simply do lithium carbonate are not eye-catching in terms of revenue and profitability. For example, the revenue of the Yahua Group in the first half of this year was 1.028 billion yuan, its net profit was 127 million yuan, and the net profit margin was only 12%. Similarly, the lithium industry in the first half of this year was 377 million yuan in revenue, its net profit. It was 0.92 billion yuan and the net profit margin was 24.4%. Therefore, people in the industry believe that it is not advisable to blindly launch the lithium carbonate project. Mastering the upstream lithium resources is the key to the development of the later lithium carbonate enterprises. Edm Parts,Wire Cutting Parts,Precision Edm Machining,Edm Machining Services Dongguan Changsheng Technology Co., Ltd , https://www.dgcsmachining.com