DFD(SZ:002407)2022-12-06 02:36Group 1: Market Overview - The price of fluorinated salts has significantly increased from the end of 2016 to the first quarter of 2017, with both fluorine aluminum and cryolite showing a rise in both volume and price [2][3] - The overall development trend for fluorinated salts in 2017 is expected to be positive, with Duofuduo positioned as an industry leader, benefiting from clear technological advantages [2] Group 2: Production Capacity and Partnerships - Duofuduo has established a joint venture with Ningxia Jinhui, enhancing operational efficiency in fluorinated salt production through a robust supply chain [3] - The company currently has an annual production capacity of 3,000 tons of lithium hexafluorophosphate, with plans to increase this to 6,000 tons in the second half of 2017 [3] Group 3: Electronic-grade Fluorides - The electronic-grade fluorides produced by Duofuduo include 3,000 tons of lithium hexafluorophosphate and 10,000 tons of electronic-grade hydrofluoric acid, which are crucial for high-tech applications [3] - The market price for lithium hexafluorophosphate has seen a correction from its peak in 2016, with sales expected to recover as downstream demand increases [3] Group 4: Lithium Battery Production - The company currently has a production capacity of 100 million AH for power lithium batteries, with an additional 300 million AH production line under construction [3] - Duofuduo is developing high-nickel, high-energy lithium batteries to meet the growing demand for high energy density from downstream customers [3]