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SHE:002240

5 stories mentioning SHE:002240Updated 21d ago

Every FINWIRES story that references SHE:002240, newest first.

Asia

Chengxin Lithium Forecasts Up to 243% Rise in H1 Profit

Chengxin Lithium (SHE:002240) expects its attributable profit to rise 219% to 243% to between 1 billion yuan and 1.20 billion yuan in the first half from 841 million yuan in the year-ago period, according to a Thursday filing with the Shenzhen bourse.The lithium miner forecasts earnings per share to rise to 1.09 yuan and 1.31 yuan from 0.92 yuan a year earlier.Chengxin attributed the forecast to higher sales due to price increases of its lithium salt products.

SHE:002240
Asia

Chengxin Raises Related-Party Transaction Amounts for 2026; Shares Down 3%

Chengxin Lithium (SHE:002240) raised the estimated transaction amounts with its related parties for the year, according to a Shenzhen bourse filing on Saturday.The lithium company's shares fell 3% during Monday's morning trade.The estimated amounts for Huayou Holding, CALB Group (HKG:3931) and BYD (HKG:1211, SHE:002594) were increased to 4 billion yuan from 3 billion yuan each.Meanwhile, the estimated transactions for Langsheng New Energy and Langsheng New Material were increased to 2 billion yuan from 1 billion yuan.

HKG:1211HKG:3931SHE:002240SHE:002594
Asia

Chengxin Lithium to Apply to Become Designated Delivery Lithium Hydroxide Warehouse

Chengxin Lithium (SHE:002240) plans to apply to the Guangzhou Futures Exchange to qualify as a designated delivery warehouse for lithium hydroxide, according to a Shenzhen bourse filing on Saturday.The lithium company's shares slipped 1% during Monday's morning trade.

SHE:002240
Asia

Chengxin Lithium Returns to Profit in Q1

Chengxin Lithium (SHE:002240) reported a net profit attributable to shareholders of 464 million yuan in the first quarter, reversing the year-ago attributable loss of 154.7 million yuan, according to a Shenzhen bourse filing on Tuesday.Earnings per share were 0.51 yuan against the loss per share of 0.17 yuan a year earlier.The lithium company's operating revenue surged 379% to 3.28 billion yuan from 686.2 million yuan in the previous year.

SHE:002240
Asia

Market Chatter: Zimbabwe Grants Lithium Export Quotas to Chengxin Lithium, Sinomine Resource

Zimbabwe has awarded lithium concentrate export quotas to two Chinese mining firms, Chengxin Lithium (SHE:002240) and Sinomine Resource (SHE:002738), just two months after suspending all raw mineral exports, Reuters reported Monday.The move follows February's ban over alleged malpractices and leakages, according to the report. Under new rules, exporters must also process more material locally.Chengxin Lithium received a quota matching its 290,000-ton annual capacity, while Sinomine Resource's 200,000-ton allowance equals about its monthly output.Shares of Chengxin Lithium closed 8% higher Tuesday.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

SHE:002240SHE:002738

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