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    Home > Inorganic Chemistry Topics > Inorganic Chemistry Project > BYD joins hands with Qinghai Salt Lake Co., Ltd. to invest in lithium carbonate development projects

    BYD joins hands with Qinghai Salt Lake Co., Ltd. to invest in lithium carbonate development projects

    • Last Update: 2022-02-23
    • Source: Internet
    • Author: User
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    It is reported that BYD Company intends to jointly invest and establish a new company Qinghai Salt Lake BYD Resources Development Co.
    , Ltd.
    with Qinghai Salt Lake Industry Co.
    , Ltd.
    and Shenzhen Zhuoyucheng Investment Co.
    , Ltd.
    (the tentative name is ultimately subject to industrial and commercial registration) (hereinafter referred to as "joint venture" Company")
    .
    The registered capital of the joint venture company is 500 million yuan, of which the company and Qinghai Salt Lake Industry Co.
    , Ltd.
    each contribute 245 million yuan (holding 49% of the shares).
    The joint venture company specializes in the development, processing and sales of products for comprehensive utilization of salt lake resources
    .
    After the establishment of the joint venture, the construction of a 30,000-ton lithium carbonate project will be launched
    .
    The company said that the company's in-depth cooperation and exchanges with upstream lithium resources companies will help the company achieve its strategic goals in the new energy industry
    .
    The strategic cooperation between the company and Qinghai Salt Lake Industry Co.
    , Ltd.
    will help promote the company's technology, management, and sales network, especially in terms of power lithium batteries, to achieve close integration with salt lake lithium resources, and give full play to their respective technological innovation capabilities.
    , Market development ability to achieve win-win cooperation
    .
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