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Lithium & Boron Technology, Inc. (LBTI) is a non-energy raw materials company in the mineral-based chemical production industry, based in Dachaidanzhen, China, with about 47 full-time employees.
It reported revenue of $5.08 million for fiscal year 2021, down 32.9% from fiscal year 2020, and net income of -$4.19 million. In Q2 2022 (the quarter ended June 30, 2022) revenue was $309,844, down 85.8% from a year before. Its largest business segment, BoronicAcidSalesMember, brought in 78% of segment revenue in fiscal year 2021. Its market capitalization was $18,598 as of October 8, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2021; market data as of October 8, 2026.
Lithium & Boron Technology, Inc. manufactures and sells lithium borate, boric acid, and related compounds for use in industrial and consumer applications in the People's Republic of China. The company was formerly known as SmartHeat Inc. and changed its name to Lithium & Boron Technology, Inc. in October 2019.
Lithium & Boron Technology reported $5.08 million in revenue for fiscal year 2021, down 32.9% from $7.57 million in fiscal year 2020. In Q2 2022 revenue was $309,844.
BoronicAcidSalesMember, with $4.78 million or 78% of segment revenue in fiscal year 2021. Next: MaterialSalesMember (10%) and ProcessingRevenueMember (9%).
$18,598 as of October 8, 2026.
Listed companies of a similar size in the same industry (mineral-based chemical production) include Gulf Resources, Inc. (GURE), AlumiFuel Power Corporation (AFPW), Green Bridge Industries, Inc. (GRBG), Molecular Data Inc. (MKDTY).