Ganfeng Lithium Group Co Ltd - Company Profile
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Ganfeng Lithium Group Co Ltd (Ganfeng) manufactures lithium batteries. Its products include lithium fluoride, lithium hydroxide, lithium chloride, lithium carbonate and lithium magnesium alloy. It also offers battery-grade, low sodium, lithium metal, catalyst grade, lithium rods, lithium fluoride, tablets, particles, battery-grade lithium carbonate, lithium hydroxide, lithium chloride, anhydrous and battery-grade lithium fluoride. The company's products find application in electric cars, energy storage, 3C goods, chemicals and medicines. Ganfeng has commercial-scale technologies to extract lithium from brine, ore and recycled materials. Ganfeng is headquartered in Xinyu, Jiangxi, China.
Headquarters
China
Address
Longteng Road, Economic Development Zone, Xinyu, Jiangxi, 338000
Website
www.ganfenglithium.com
Telephone
86 790 6415606
No of Employees
14,481
Industry
Chemicals
Ticker Symbol & Exchange
002460 (SHE)
Revenue (2022)
$4.7B
-21.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-75.9%
(2022 vs 2021)
Market Cap*
$9.3B
Net Profit Margin (2022)
XYZ
-69.4%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products |
|---|
| Battery Grade |
| Low Sodium |
| Lithium Metal |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In January, the company announced its plans to invest more than US$65 million to increase its stake in a lithium project in Mali. |
| 2023 | Corporate Changes/Expansions | In November, the company established a wholly owned subsidiary, Jiangxi Ganfeng Resource Recycling Co., Ltd. for Yuan 2 million. |
| 2023 | Contracts/Agreements | In October, the company entered into an agreement with Anda Energy Technology to build a 20,000-t LFP cathode material project through a joint venture. |
Competitor Comparison
| Key Parameters | Ganfeng Lithium Group Co Ltd | Wanhua Chemical Group Co Ltd | Nippon Shokubai Co Ltd | Nexeo Solutions LLC |
|---|---|---|---|---|
| Headquarters | China | China | Japan | United States of America |
| City | Xinyu | Yantai | Osaka-Shi | The Woodlands |
| State/Province | Jiangxi | Shandong | Osaka | Texas |
| No. of Employees | 14,481 | 29,053 | 4,574 | 1,300 |
| Entity Type | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Li Liangbin | Chairman | Executive Board | 2007 | 57 |
| Wang Xiaoshen | President; Vice Chairman | Executive Board | 2010 | 56 |
| Shen Haibo | Vice President; Director | Executive Board | 2020 | 56 |
| Huang Ting | Chief Financial Officer; Vice President | Senior Management | 2023 | 37 |
| Li Chenglin | Vice President | Senior Management | 2024 | 28 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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