Tianci Materials: Profits in the fourth quarter did not increase significantly from the previous quarter, which was mainly affected by two aspects – yqqlm

Securities Times e company news, Tianci Materials said in the institutional survey that the fourth quarter’s profit did not increase significantly from the previous month, which was mainly affected by two aspects. First, the increase in the amount of electrolyte and the slow progress of the new lithium hexafluorophosphate production capacity led to the company’s external mining of lithium hexafluorophosphate. The proportion has increased; the second is the increase in raw material costs caused by the increase in the price of lithium carbonate. In addition, most projects are progressing relatively smoothly at present, and some construction application procedures have been obtained. Among them, the annual production of 300,000 tons of iron phosphate project in Yichang has completed the preliminary filing/environmental assessment and other related safety and environmental protection work, and the first phase is currently under construction.