 Home > Chemicals Industry > China Chemical > Acquired 40% equity interest in TusQingyuan! Sichuan Energy Power actively deploys lithium extraction business in salt lake

Acquired 40% equity interest in TusQingyuan! Sichuan Energy Power actively deploys lithium extraction business in salt lake

 Last Update: 2023-01-04
 Source: Internet
 Author: User

Tags

new spray

power numbers

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

【Chemical Machinery and Equipment Network Star Enterprise】On September 19, 2022, Sichuan Energy Power (Sichuan New Energy Power Co.
, Ltd.
, stock code 000155) announced that in order to further expand the company's lithium battery industry chain, accelerate its entry into the field of salt lake lithium extraction, and enhance the competitiveness of the company's lithium battery business, the company signed the "Equity Acquisition Intent Agreement" with Tus New Materials (Beijing) Co.
, Ltd.
(hereinafter referred to as "
Tus New Materials") on September 19, 2022 。 After friendly negotiation between the two parties, Chuaneng Power intends to acquire 40% of the equity of
Tus Qingyuan (Beijing) Technology Co.
, Ltd.
(hereinafter referred to as "Tus Qingyuan") held by Tus New Materials.

According to the announcement, this equity investment is in line with the company's strategic planning, and TusQingyuan's business is highly related to the company's main business, which will help the company cut into the salt lake lithium extraction business, fill the company's current gap in the salt lake lithium extraction sector, expand the company's lithium battery business scope, and enhance resource acquisition capabilities and competitive advantages
.

It is reported that Tus Qingyuan is an environmental protection energy new materials company, is a scientific and technological innovation enterprise in the field of energy conservation and environmental protection, lithium battery new materials, with industrial filtration, purification, separation, purification and concentration as the core technology, product development, manufacturing, process application development, and provide system solutions
.

As a well-known new energy power enterprise, Chuaneng Power was established in 1997, the controlling shareholder is Sichuan Energy Investment Group Co.
, Ltd.
, and the ultimate actual controller is the State-owned Assets Supervision and Administration Commission
of the Sichuan Provincial Government.
It is understood that Sichuan Energy Power insists on highlighting the main business of new energy, focusing on the coordinated development of new energy power business and lithium battery business, involving wind photovoltaic power generation, waste power generation, lithium mine mining and selection, lithium salt production and other fields
.
In terms of new energy power business, we build and operate clean energy projects such as wind power, photovoltaic, and waste-to-energy generation, and build a first-class new energy well-known enterprise
through clean energy master planning, vigorous integration, special construction and effective operation.
In terms of lithium battery business, with the construction of lithium battery industry chain as the core, lithium mine mining and selection and lithium salt production in the upstream field of lithium battery as the entry point, the lithium battery industry chain
is deeply laid out.

Sichuan Energy Power has strong location advantages, industry advantages, resource advantages, capital advantages and management advantages, and strives to form a large-scale competitive advantage in the field of new energy power generation, a differentiated competitive advantage in the field of lithium battery, adhere to the concept of green and environmental protection industrial development, and become a domestic new energy benchmarking enterprise
with leading technical strength, leading profitability and leading business model.

China is a large consumer of lithium, and lithium resources are an important strategic resource
for national industrial development.
With the rapid rise in lithium prices in the past two years, "salt lake lithium extraction" has received more and more attention
.
Chuaneng Power's acquisition of the equity of Tus Qingyuan will help it cut into the salt lake lithium extraction business and enhance its competitiveness
in the lithium battery business.

Disclaimer: The purpose of this site to publish this information is to disseminate more information, which has nothing to do with
the position of this site.
And solemnly remind all readers, the stock market is risky, investment needs to be cautious, this article is not used as a reference for any investment advice and basis
.

Original: Acquisition of 40% equity of TusQingyuan! Sichuan Energy Power actively deploys lithium extraction business in salt lake

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.