5 Undervalued Lithium Stocks to Buy Now

2. Yongxing Special Materials Technology Co.,Ltd (SHE:002756.SZ)

Latest P/E Ratio: 5.47

Yongxing Special Materials Technology Co.,Ltd (SHE:002756.SZ) is a Chinese firm headquartered in Huzhou, China. The firm provides industrial grade products that allow other firms to make and sell lithium batteries. These include lithium carbonate which is primarily used in battery production. Yongxing Special Materials Technology Co.,Ltd (SHE:002756.SZ) was set up in 2000 and it has a host of different subsidiaries under its belt. The firm restarted its lithium carbonate production in December 2022 in Jiangxi, after it was shut down due to an environmental pollution investigation.