Some investors asked questions on the investor interaction platform: praise the efficient response efficiency of the company. Personally, I am optimistic about the long-term development of the company. First, what is the gross profit margin and net profit margin of 6000 tons of lithium fluoride, not lithium salt, but lithium fluoride. Second, what is the capacity utilization rate of lithium fluoride at this stage and whether it is in full production. Third, has the 25000 tons of battery grade lithium hydroxide and lithium carbonate newly put into operation signed a contract with downstream customers? What price is the reference price?
Sinomine Resource Group Co.Ltd(002738) (002738. SZ) said on the investor interaction platform on January 17 that as of June 30, 2021, the gross profit margin of the company’s lithium salt business was 45.18%, of which lithium fluoride was the main profitable product. In the third quarter of 2021, the company’s lithium fluoride products will be in full production and sales. With the completion of the technical transformation project of expanding lithium fluoride to 6000 tons by the end of 2021, the company will fully release its existing production capacity and carry out production according to market demand. The 25000 ton lithium salt production line of the company has high quality and stable quality, which has been recognized by many listed companies and high-quality enterprises at home and abroad, forming part of the sales. Please refer to the current market price for the sales price.
