The total cumulative output of power and other batteries in China in the first quarter was 184.6 GWh, a cumulative year-on-year increase of 33.5%
The Zhitong Finance App learned that on April 11, the China Automobile Power Battery Industry Innovation Alliance released monthly power battery information for March 2024.
中國石墨:2023年報
Global EV Battery Market Share in Jan-Feb 2024: CATL 38.4%, BYD 13.1%
CATL continued to be No. 1, while BYD dropped to No. 3 after being overtaken by LG Energy Solution for the first time since December 2022.
Some Investors May Be Willing To Look Past China Graphite Group's (HKG:2237) Soft Earnings
Shareholders appeared unconcerned with China Graphite Group Limited's (HKG:2237) lackluster earnings report last week. Our analysis suggests that while the profits are soft, the foundations of the bu
China Graphite (02237) released annual results, net profit of 21.318 million yuan, a year-on-year decrease of 73%
According to the Zhitong Finance App, China Graphite (02237) announced its annual results for the year ended December 31, 2023. The Group's total revenue was RMB 202 million (same unit), a year-on-year decrease of 26.2%; gross profit of 73.66 million yuan, a year-on-year decrease of 45.8%; and net profit of 21.318 million yuan, a year-on-year decrease of 73%. The announcement said that in 2023, growth slowed and competition from downstream customers intensified, leading to a corresponding increase in competition in the graphite industry, leading to a drop in the price of graphite products.
中國石墨:截至二零二三年十二月三十一日止年度的年度業績公告
Huatai Securities: America's long-term electrification strategy clarifies that China's lithium battery industry has plenty of room to go overseas
The Zhitong Finance App learned that a research report issued by Huatai Securities said that on March 20, local time, the United States released emission standards for various pollutants for light/medium vehicles in 2027 and beyond.
Is the lithium oversupply crisis showing signs of “warming up” and the lithium industry's “big shortfall” dangerous?
As signs of an oversupply of lithium subside, multi-billion dollar short bets against the world's largest lithium producers are under threat.
China Graphite (02237.HK) plans to hold a board meeting on March 28 to approve annual results
Gelonghui, March 13, 丨 China Graphite (02237.HK) announced that the board meeting will be held on March 28, 2024 (Thursday) to consider and approve (among other things) the Group's annual results and announcements for the year ended 31 December 2023, and consider the payment of a final dividend (if any).
CHINA GRAPHITE: DATE OF BOARD MEETING
China Graphite (02237)'s net profit after tax is estimated to be about 19 million yuan to about 22 million yuan per year, a year-on-year decrease of about 72.2% to 75.9%
According to the Zhitong Finance App, China Graphite (02237) issued an announcement. The Group expects to obtain net profit after tax of about RMB 19 million to about RMB 22 million for the year ended December 31, 2023, a decrease of about 72.2% to 75.9% compared with net profit after tax of about RMB 79 million for the year ended December 31, 2022. The board of directors believes that the above is mainly due to competition in the Chinese automobile market. The lithium-ion battery industry grew rapidly throughout 2022, while growth leveled off throughout 2023, and downstream customers' strategies to absorb their inventories, leading to a full 2023
CHINA GRAPHITE: ESTIMATED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
China Graphite Arm to Buy Land for 87 Million Yuan
China Graphite Group (HKG:2237) subsidiary Heilongjiang Baoquanling Farmland Yixiang New Energy Materials has agreed to acquire about 1.5 million square meters of forest land in the Heilongjiang Provi
Ministry of Industry and Information Technology: In 2023, the country's total lithium battery production will exceed 940 GWh, an increase of 25% year-on-year
In 2023, the country's total lithium battery output exceeded 940 GWh, an increase of 25% over the previous year, and the total output value of the industry exceeded 1.4 trillion yuan.
China Graphite (02237) subsidiary plans to acquire woodland use rights in Heilongjiang
China Graphite (02237) issued an announcement. According to the “Business” section of the prospectus, the company's target selection for the construction of a new mineral processing plant...
China Graphite (02237.HK) raised the authorized graphite mining volume at the Beishan mine to more than 500,000 tons per year
Gelonghui, March 1, 丨 China Graphite (02237.HK) issued an announcement. In order to optimize the company's strategic layout and enhance the company's competitiveness in the graphite industry, the company has acquired this woodland to increase graphite production, and to build new beneficiation plants, new processing plants and tailings pools as described in the prospectus. The company formulated a new graphite mining plan to increase the licensed graphite mining volume at the company's Beishan mine to more than 500,000 tons per year. Therefore, the company plans to use part of the woodland to mine graphite and store waste stone expected to increase due to increased mining activities. With the increase in graphite mining capacity mentioned above, the Beishan mine can recruit the company's existing beneficiation plants
Dongwu Securities: Electric vehicle sales declined as planned in January, and the lithium battery industry chain is gradually bottoming out
According to a research report released by Dongwu Securities, profits in the 24H1 lithium battery industry are expected to bottom out, production capacity clearance will be accelerated, the supply and demand pattern will improve in 25 years, and the sector will regain growth.
China Graphite to Buy Land for 28 Million Yuan
China Graphite Group (HKG:2237) committed to purchasing land for 27.9 million yuan to build purification facilities and plants that will manufacture anode materials used in lithium-ion batteries. The
Changes in Hong Kong stocks | China Graphite (02237) rose more than 11% and surged 35% in 2 trading days
China Graphite (02237) rose more than 11%, surging 35% in 2 trading days. As of press release, it had risen 11.58% to HK$0.53, with a turnover of HK$2.05 million.
Huaxi Securities: The loose supply and demand situation of lithium salt is difficult to change in the short term, recommend companies with lower cost curves in the industry
Huaxi Securities released a research report stating that looking ahead to 2024, the expectation of an oversupply of lithium salt has become an industry consensus. Demand for lithium salt terminals has yet to improve, compounded by expectations of oversupply. The loose supply and demand situation is difficult to change in the short term. The bank determined that lithium prices in the market may maintain a downward trend.
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