Jinshajiang Motor is expected to develop lithium mineral resources

Jinshajiang Motor (002176) Bulletin, July 30 company and Yichun Lithium battery New Energy Industry Development Leadership Group Office after preliminary negotiations, signed the "Lithium Ore resources strategic cooperation letter of intent."　　The two sides intend to jointly carry out the development of lithium ore resources, Yichun government will also provide preferential policies for jinshajiang motor to build lithium industrial chain. To jointly develop lithium ore resources Jinshajiang Motor main business for the development, production and sales of special motors. According to the content of the letter of intent, in the larger and stronger existing industry at the same time, the company intends to "Jiangxi Jinshajiang Lithium Battery Materials Co., Ltd." as a platform to the lithium industry upstream and downstream development.　　The company intends to work with Yichun lithium new Energy Industry Development Leadership group Office to jointly develop lithium ore resources, which will ensure that the company's lithium materials such as the upstream resources of the supply of products.　　The Company believes that the letter of intent will be signed for the company to lithium ore, lithium batteries, automotive motors, electric vehicle Drive assembly, special electric vehicles, such as lithium industry upstream and downstream development, for the company and the Yichun government for lithium mineral resources development cooperation to lay the foundation. Yichun government also wants to speed up the development of local lithium industry.　　As the first domestic lithium battery new energy industrialization base, Yichun planning in the next 10 years will be the base of the industrial scale to do 100 billion yuan, will be Yichun dozen to create a veritable "Asian lithium."　　Yichun Mayor Kang Jianhua has said that Yichun will lithium new energy industry as the city's strategic development industry to focus on promoting, and strive in 3-5 years to form an annual output of 35 to 500,000 groups of lithium-ion batteries, lithium power vehicles 300,000 production capacity, built China's largest power lithium battery production base. The announcement also pointed out that the company will be able to participate in the development of Yichun lithium mineral resources to make substantial progress in the uncertainty. Mineral resources development is a very strong policy work, involving many aspects, and many businessmen who invest in Yichun are willing to participate in Yichun lithium mine resources development.　　Under the objective condition of limited resources, the Yichun government needs to take comprehensive and comprehensive consideration before it can determine the investors who participate in the development of lithium mine resources. The performance of strong stock prices from the two-tier market, the concept of lithium has been in the Jinshajiang motor has been reflected.　　July 9, July 12, July 13, the company's stock price for three consecutive trading days limit. July 13 announcement, Jiangxi Province Lithium New Energy Industry Co., Ltd. and Anyuan Bus Manufacturing Co., Ltd, Jinshajiang Motor, Beijing Shenzhou giant Electricity New energy Technology Development Co., Ltd. by consensus, signed the "production and manufacture of Yichun lithium New Energy bus cooperation Agreement."　　The signing of the agreement will provide the foundation for the company to promote the research and development of automobile motor and electric vehicle drive assembly, and to develop the downstream industry of lithium battery. After the suspension of verification, July 19, said the announcement, the company to the lithium industry upstream and downstream development is a long time strategic work, short-term impact on the company's operating performance is small, and the progress of related work is uncertain. The company and Anyuan Bus Manufacturing Co., Ltd. 3 companies to cooperate in the production and manufacture of Yichun lithium new Energy bus, the company is only responsible forProvide motor and motor control system, does not involve the company's investment matters, this is only a company's day-to-day business behavior, the company's current operating performance has no impact.