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Koda Manufacturing: The rising lithium carbonate prices are expected to positively impact the company's performance
Keda Manufacturing recently stated during investor relations activities that the company holds a 43.58% stake in LanKe Lithium and controls 48.58% of its voting rights. The company’s share of LanKe Lithium’s net profit is included in the parent company’s net profit based on its ownership percentage. LanKe Lithium’s lithium carbonate product sales adopt a market-based pricing principle, with sales prices dynamically adjusted according to market conditions. The increase in lithium carbonate prices in the market is expected to positively contribute to the company’s performance.