镍

Liqin Resources today listed on the Shenzhen Stock Exchange. It is a leading company in the entire nickel industry chain, with operations in both A-share and H-share markets. From 2023 to 2025, revenue rose from RMB 21.2 billion to RMB 40.2 billion, and attributable net profit increased from RMB 1.05 billion to RMB 2.86 billion. In the first three quarters of 2026, net profit is expected to grow another 54% to 59%.
What drives the growth? Nickel is a core material for new-energy vehicle batteries and energy storage. The demand curve for electric vehicles and grid energy storage hasn’t fallen, so upstream resources’ pricing power is firmly in its hands. Nickel ore in Indonesia and the Philippines is even “gripping” the global supply chain’s neck.
This is related to encryption. AI computing power is exploding, and data centers’ electricity consumption is rising exponentially. Energy storage and grid expansion have become unavoidable bottlenecks. Metals like nickel, essentially, are the underlying chips for the energy transition.