CATL signed a four-party agreement in Sichuan to accelerate the exploration and development of lithium ore resources

Ningde Times announced that its subsidiary Sichuan Times New Energy Resources Co., Ltd. recently signed a joint venture agreement in Chengdu with Ganzi Investment Group, Yibin Sanjiang Huida Company, and Sichuan Tianfu Mining Company.

According to the agreement, all parties will carry out all-round cooperation under the premise of meeting the national strategic mineral security guarantee, speeding up the exploration and development of lithium ore resources in the province, increasing the supply of lithium resources, promoting comprehensive utilization in a scientific and orderly manner, and promote new The coordinated development of the entire energy industry chain provides important support for the development of the trillion-level power battery industry in Sichuan Province.

The performance forecast shows that CATL expects to achieve a net profit of 14 billion to 16.5 billion yuan attributable to shareholders of listed companies in 2021, a year-on-year increase of 150.75% to 195.52%.

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