Chengxin Lithium Group pulls Hong Kong IPO, opts for a $3.2 bn A‑share private placement to boost liquidity, cut debt, and strengthen ties with key battery‑industry partners amid a metal‑sector slump.

Chengxin Lithium Group Co Ltd is a strategic player in the lithium and rare earths market, poised to capitalize on the growing demand for new energy materials through its innovative forays into solid-state battery technology.