002340 GEM Co.,Ltd.
- 6.76
- -0.11-1.60%
GEM Co.,Ltd. News
Tianyuan Environmental Protection (301127.SZ): The company has not yet had business dealings with Grimmie
Gelonghui, May 10 | Tianyuan Environmental Protection (301127.SZ) said on the investor interactive platform that the company has not yet had business dealings with Grimmie.
Grimmie (002340.SZ): Currently, the company has built a 30,000 ton high nickel ternary precursor production line in Indonesia
GLONGHUI, May 10 | Grimmie (002340.SZ) recently stated at the company's performance briefing that in 2023, the company will be forward-looking and will lay out a three-pre drive production line in Indonesia and South Korea ahead of schedule to target the European and American markets, deal with the rules of the IRA Act, and break through the IRA Act blockade. At present, the company has built a 30,000 ton high nickel ternary precursor production line in Indonesia to open up the European market. At the same time, on the new project, the company increased cooperation with upstream and downstream of the industrial chain, and voluntarily relinquished control of the project, thereby circumventing the restrictions of the law, successfully entering the US market through Indonesian and South Korean bases, defending and maintaining the company's position in the global market.
Grimmie (002340.SZ): Lithium manganese iron phosphate has entered the tonnage commissioning stage of the production line and is being certified with downstream customers
Gelonghui, May 10, 丨 Grimmie (002340.SZ) recently stated at the company's performance briefing that for crushing and sorting to preparation of battery-grade lithium carbonate, production is basically automated. For the processing of battery pack modules, intelligent automation methods are used in key aspects such as handling, cover, module, battery core milling, and product sorting. Only parts such as soft wiring are complicated, and fully intelligent automation cannot be achieved yet, and the product manufacturing process has not yet been realized. The company is increasing the number of data models, training robots, and developing corresponding flexible control systems and end actuators to solve the problem; with the number of battery packs
Grimmie (002340.SZ): Currently, the company has set up a tungsten wire recycling business
Gelonghui, May 10, recently stated at the company's performance briefing that in 2023, the total amount of tungsten recovered by the company reached 4,680 tons, an increase of 9.07% over the previous year, accounting for 6% of China's original tungsten mining volume. Remanufactured tungsten products (APT, tungsten powder) became industry brand products, rapidly advancing into the world's leading green tungsten resource industry base. In 2023, due to increased competition in the tungsten resource recycling business market and rising prices of waste tungsten metal raw materials, etc., the gross margin of the company's tungsten resource recycling business decreased. The cost of the tungsten resource recycling business is mainly raw materials, accounting for more than 90%. Research high-quality recycling of tungsten waste
Grimmie (002340.SZ): Recently, some technological breakthroughs have been made in sodium electric precursors, and some models of sodium electric products have been mass-produced
Gelonghui, May 10, 丨 Grimmie (002340.SZ) recently said at the company's performance briefing that the company began developing precursor materials for solid-state batteries as early as 2019, and developed 3-4 micron small-particle size high-BET solid-state battery precursor materials for many technical problems at the solid-solid contact interface between solid electrolytes and cathode materials. Currently, certification work is being carried out in many companies and is progressing smoothly. A 9 series solid state battery precursor product has been mass-produced in small batches. The company recently made a certain technological breakthrough in sodium electric precursors, and the system solved metal elements such as copper, zinc, magnesium, and nickel, iron, and manganese
Grimmie (002340.SZ): The company's Indonesian nickel resource project plans to ship 60,000 tons of nickel MHP in 2024
Gelonghui, May 10 | Grimmie (002340.SZ) recently said at the company's performance briefing that in 2023, the first phase of the company's Indonesian Qingmeibang nickel resources project successfully completed the four stages of commissioning, achieving production stability, and overproduction. It shipped 27,050 tons of nickel metal MHP throughout the year, with an excess yield of more than 30%, world-class product quality, and a nickel-cobalt-manganese recovery rate of over 95%, marking the complete success of the world's first laterite nickel ore high-pressure hydrometallurgy project independently designed and operated by the company, achieved great success in Chinese engineering technology and Chinese equipment. The company contributed good profits.
Grimmie (002340.SZ): A total cost of 121 million yuan to buy back 19.21,800 shares
Gelonghui, May 6, 丨 Grimmie (002340.SZ) announced that as of April 30, 2024, the company had repurchased 19.219,800 shares of the company's shares through a dedicated securities account, accounting for 0.37% of the company's current total share capital. The highest transaction price was 7.00 yuan/share, the minimum transaction price was 5.32 yuan/share, and the total transaction amount was 121 million yuan (excluding transaction fees).
Grimmie (002340): Asset impairment dragged down Q4 profits 24Q1 results exceeded expectations
The company released the 2023 annual report and the 2024 quarterly report: in 2023, it achieved operating income of 30.53 billion yuan, +3.9% year-on-year, realized net profit to mother of 9.3 billion yuan, -27.9% year-on-year, and realized deduction not to mother
GEM Partners With Logistics Firms, Tech Companies to Build Digital Recycling Platform
Chinese battery recycler GEM (SHE:002340) partnered with Shenzhen SF Integrated Logistics Service and 20 other companies to build a digital recycling platform and other recycling systems, the company
Express News | Grimmie: Signed a strategic cooperation agreement to jointly promote large-scale equipment upgrades and consumer goods trade-in
Grimmie (002340): 24Q1 performance exceeds expectations, and the waste recycling business is about to reverse
Investment event (1) In 2023, the company achieved operating income of 30.529 billion yuan, a year-on-year increase of 3.87%; net profit to mother of 934 million yuan, a year-on-year decrease of 27.89%; net profit after deducting non-return to mother - 241 million yuan
Changes in the car dismantling concept have boosted Grimmie's rise and fall
The concept of car dismantling fluctuated and increased. Grimmie and Huahong Technology both rose and stopped, surpassing technology and rising by more than 15%. Huaxin Environmental Protection, Yiqiu Resources, and the Enlightenment Environment followed suit.
Grimmie (002340): Shipments of new energy materials continue to grow, and “trade-in” boosts recycling business development
The company's 2024Q1 net profit was 456 million yuan, +164% year-on-year. The company achieved revenue of 30.529 billion yuan in 2023, +4% year on year; realized net profit to mother of 935 million yuan, -28% year over year; gross profit margin
Express News | Grimmie: Net profit of 456 million yuan in the first quarter of 2024 increased 164.48% year-on-year
Grimmie (002340): Continued expansion of production with clear targets for materials and nickel resources
Net profit to mother decreased by 27.89% year on year in '23, maintaining the holdings increase rating, achieving revenue of 30.529 billion yuan (yoy +3.87%) and net profit to mother of 934 million yuan (yoy-27.8 million yuan) in 2023 (yoy-27.8 million yuan)
Grimmie (002340): Leading companies in the precursor industry benefit from the trade-in policy and the recycling business can be expected in the future
The company is one of the top three lithium battery precursor material manufacturers in China, and has been deeply involved in the field of comprehensive resource utilization for many years. The company was founded in 2001. At the beginning of its establishment, it focused on the treatment and recycling of materials such as waste metals and electronic waste. At 20 or so
Express News | Grimmie and Guangzhou Automobile Group established a joint venture
The A-share automobile dismantling concept market initially picked up. DeZhong Auto and Chaoyue Technology all rose by more than 13%, while Huaxin Environmental Protection, Tianqi Co., Ltd., Grimmie, and Dongjiang Environmental Protection followed suit.
The A-share automobile dismantling concept market initially picked up. DeZhong Auto and Chaoyue Technology all rose by more than 13%, while Huaxin Environmental Protection, Tianqi Co., Ltd., Grimmie, and Dongjiang Environmental Protection followed suit.
Grimmie (002340.SZ): A 9-series solid-state battery precursor product has been mass-produced in small batches
Gelonghui, April 12 | Grimmie (002340.SZ) said on the investor interactive platform that the company began developing precursor materials for solid-state batteries as early as 2019. In response to many technical problems in the solid-solid contact interface between solid electrolytes and cathode materials, it has developed 3-4 micron size small particle size and high BET solid state battery precursor materials. Currently, certification work is being carried out in many companies and is progressing smoothly. A 9 series solid state battery precursor product has been mass-produced in small batches.
Grimmie (002340.SZ): Recently, some technological breakthroughs have been made in sodium electric precursors, and some models of sodium electric products have been mass-produced
Gelonghui, April 12 | Grimmie (002340.SZ) said on the investor interactive platform that the company has recently achieved a certain technological breakthrough in sodium electric precursors. The system has solved the technical problem of uniform co-precipitation of metal elements such as copper, zinc, magnesium and nickel-ferromanganese, and achieved mass production of some models of sodium-electric products. Four- and five-element sodium-electric precursors and cathode materials with ultra-high specific surface areas have been developed to greatly improve the stability and electrochemical properties of sodium-electric materials. Certification by leading companies has been successful. Currently, various products in this series have entered the tonnage mass production certification stage.
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