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ChemPriceHub Alert: Shengxin Lithium Energy Acquires Equity in Qicheng Mining
Published on 2026-01-04

Shenzhen Chengxin Lithium Group plans to acquire the remaining 30% equity stake in Qicheng Mining for 2.08 billion yuan, securing the high-quality lithium resource, Murong Lithium Mine. PriceSeek's analysis of lithium carbonate indicates a bearish score of -1. Following the acquisition of the 30% equity stake in Qicheng Mining, Shenzhen Chengxin Lithium Group will secure the Murong Lithium Mine resource. The integration of this high-quality lithium mine is expected to enhance the stability of lithium raw material supply, reduce the production cost of lithium carbonate, and exert downward pressure on spot prices. Meanwhile, the main futures contract for lithium carbonate (such as the 2605 contract) has shown minimal price fluctuations recently (closing price at 121,580 yuan/ton, with a change of +100). However, this event reinforces market expectations of increased future supply, potentially limiting the upside for futures prices, reflecting a mild bearish sentiment.

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