Jiangxi Special Electric Motor Co.Ltd(002176) 4 released the annual report of 2021 on April 29, and the company achieved an operating revenue of 2.982 billion yuan, an increase of 61.73% year-on-year; The net profit attributable to the shareholders of the listed company was 386 million yuan, a year-on-year increase of 259271%.
According to the data, Jiangxi Special Electric Motor Co.Ltd(002176) currently has two lithium mica production lines for preparing lithium carbonate, with a total annual capacity of 15000 tons. It is mainly processed into lithium carbonate products by using the lithium mica materials and purchased auxiliary materials purchased by the company. The company has a production line with an annual capacity of 15000 tons for preparing lithium carbonate from spodumene, a production line with an annual capacity of 10000 tons of lithium carbonate from spodumene and a production line with an annual capacity of 5000 tons of lithium hydroxide (under construction).
The company owns more than 500 million tons of lithium ore reserves in Yichun mining area, or the company controls the exploration right of lithium ore resources in Yichun mining area.
The annual report disclosed that in 2021, the company’s lithium carbonate output was 1277808 tons, a year-on-year increase of 244.10%; The sales volume was 124377 tons, a year-on-year increase of 232.34%.
Jiangxi Special Electric Motor Co.Ltd(002176) said that in 2022, the company will continue to focus on the development of motor and lithium salt industry. The company plans to realize the main business income of 7.2 billion yuan and the net profit of 3.03 billion yuan in 2022.
The first quarter report of 2022 disclosed by the company shows that in the first quarter, the company achieved an operating revenue of 1.355 billion yuan, a year-on-year increase of 152.57%; The net profit attributable to the shareholders of the listed company was 666 million yuan, a year-on-year increase of 809.81%.
