Mission Statement, Vision, & Core Values (2026) of Chengxin Lithium Group Co., Ltd.

Founded in 1997, Chengxin Lithium Group Co., Ltd. (002240.SZ) has grown into a leading force in mining, production and sale of lithium compounds and metals with production facilities in China, Indonesia, Zimbabwe and Argentina, offering products from lithium concentrate to carbonate, hydroxide and chloride that serve lithium-ion batteries, energy storage, petrochemical and pharmaceutical sectors; guided by a mission and vision to become a global leader in lithium battery new energy materials, the company centers its strategy on accelerating resource development, expanding reserves and market share while improving product quality through continuous investment around the pillars of "resources, scale, quality, and customers", and pursues sustainability-implementing measures like water recycling that have reduced water use by 20% since 2020-all under core values of Simple, Pragmatic, Efficient and Innovative that shape operations, R&D and international expansion, inviting a closer look at how these commitments translate into measurable growth and industry impact

Chengxin Lithium Group Co., Ltd. (002240.SZ) - Intro

• Founded: 1997
• Listed: Shenzhen Stock Exchange, ticker 002240.SZ
• Geographic footprint: China, Indonesia, Zimbabwe, Argentina
• Product scope: lithium concentrate, lithium carbonate, lithium hydroxide, lithium chloride, and other lithium metals
• Sustainability target: water use reduced ~20% since 2020 through recycling and process improvements

• Mission: To secure and refine lithium resources and supply high-purity new energy materials that accelerate electrification and energy storage.
• Vision: To become a global leader in lithium battery new energy materials through reserve expansion, technological innovation and sustainable operations.
• Core strategic priorities:
  • Resource base expansion - securing upstream reserves and strategic stakes in overseas projects.
  • Product upgrading - shifting mix toward battery-grade carbonate/hydroxide and high-purity lithium compounds.
  • Operational efficiency - energy and water management, yield improvements and cost control.
  • Market penetration - expand sales to EV, ESS and industrial battery manufacturers domestically and internationally.

• Downstream focus: increasing share of battery-grade carbonate and hydroxide to meet rising EV/ESS demand.
• Environmental actions: implemented closed-loop water recycling systems and process upgrades - reported ~20% reduction in water consumption since 2020.
• Quality & R&D: investment in pilot lines and lab capacity to improve impurity control and yield for battery-grade products.

• Quality management: ISO and internal QA systems to meet automotive and battery OEM specifications.
• Customer orientation: multi-tier supply agreements with battery manufacturers and traders to stabilize off-take.
• ESG integration: environmental controls, community engagement at mining sites, and supply-chain traceability initiatives.

Chengxin Lithium Group Co., Ltd. (002240.SZ) - Overview

• Core mission: accelerate resource development, enhance resource reserves, expand market share, and improve product quality while contributing to global sustainable energy.
• Strategic pillars: resource acquisition & development, production scale-up, quality control & R&D, and customer-centric market expansion.
• Commitment: continuous investment across mining, refining, and downstream battery-materials production to support EV and energy-storage supply chains.

• Resource integration: simultaneous development of brine and hard-rock lithium projects to balance feedstock sources and secure long-term reserves.
• Scale drive: phased capacity expansion projects targeting +20-30% annual increases in battery-material output during multi-year buildout cycles.
• Quality & product mix: focus on high-purity lithium carbonate and LiPF6 precursor grades for automotive-grade battery supply chains.
• Customer diversification: expanding OEM and battery-maker contracts across China, Europe, and Southeast Asia to reduce single-market dependency.

• Short-term (1-2 years): consolidate domestic market share in battery-grade lithium carbonate and expand downstream value-add products.
• Medium-term (3-5 years): increase overseas revenue share via targeted sales channels and supply agreements with international battery manufacturers.
• Long-term: become a top-tier global lithium materials supplier contributing materially to decarbonization of transport and power systems.

Chengxin Lithium Group Co., Ltd. (002240.SZ) - Mission Statement

• Vision: Leverage lithium to drive global energy transition and sustainable development.
• Leadership goal: Build Chengxin Lithium into a top-tier global supplier of lithium battery materials.
• Strategic pillars: Resource development, downstream product expansion, and sustainability integration.
• Operational focus: Invest continuously in reserves, production scale, product quality, and customer relationships.

• Accelerate resource development: advance exploration and mine construction to raise reserves and sustained feedstock supply.
• Scale production: expand integrated capacity across spodumene, brine, and chemical conversion to reach economies of scale.
• Enhance product quality: refine processes to supply higher-purity, battery-grade lithium products suitable for NCM, NCA, LFP and next-gen chemistries.
• Customer-centric growth: deepen partnerships with battery makers and automakers to lock long-term offtake and co-development projects.
• Sustainability integration: reduce carbon intensity of extraction and conversion, increase circularity via recycling and byproduct utilization.

Chengxin Lithium Group Co., Ltd. (002240.SZ) - Vision Statement

• To lead the global lithium materials industry by delivering safe, high‑performance products and solutions that accelerate the electrification and energy transition.
• To create long‑term value for stakeholders through sustainable operations, technological leadership, and disciplined capital allocation.

• Become a world‑class integrated lithium materials group with best‑in‑class cost, quality and innovation across the value chain - from upstream lithium resource processing to advanced electrolyte and precursor materials.
• Drive decarbonization by enabling wider adoption of electric vehicles and grid storage with reliable, high‑purity lithium chemical solutions.

• Simple - streamline processes, reduce bureaucracy, and maintain clarity in strategy and execution to accelerate decision‑making.
• Pragmatic - prioritize practical, outcome‑oriented solutions that address customer needs and market realities.
• Efficient - optimize resource utilization, manufacturing yields, and logistics to sustain margin resilience in cyclical markets.
• Innovative - invest in R&D, pilot technologies, and cross‑functional product development to sustain competitive advantage.

• Operational simplicity: standardized plant operations and lean management systems to shorten lead times and reduce working capital.
• Pragmatic product development: focused R&D roadmap that targets high‑value intermediates and electrolyte additives with clear commercialization paths.
• Efficiency metrics: continuous improvement programs (yield, energy use, scrap reduction) with quantifiable KPIs embedded in plant scorecards.
• Innovation pipeline: collaboration with universities and industry partners to scale next‑generation lithium salts and coating chemistries.

• Scale selectively: invest where simple, repeatable processes can drive rapid capacity expansion with predictable returns.
• Customer‑centric pragmatism: tailor formulations and service models to major EV and battery makers to lock in long‑term supply agreements.
• Operational excellence: continuous cost reduction through automation, better feedstock utilization and logistics optimization.
• R&D and adjacent expansion: channel innovation into commercial projects-advanced electrolytes, high‑purity precursors, and low‑carbon production routes.

• Simple governance: clear accountability and streamlined reporting structures to support fast, compliant execution.
• Pragmatic ESG targets: measurable reductions in energy intensity and water use per tonne of product.
• Efficiency investments: capex prioritization that yields near‑term cash returns and longer‑term resilience against raw material swings.
• Innovation for sustainability: developing processes to lower carbon footprint of lithium chemicals and increase recycling rates.