Heaven-sent material: Subsidiary plans to invest no more than 5 billion yuan to build a production capacity of 500,000 tons of electrolyte per year
2026-11-12 19:09:08
According to CoinMeta, Tianci Materials announced that on November 12, 2026, the company held the eighth meeting of its seventh board of directors, during which a proposal regarding the investment in the construction of a project with an annual production capacity of 500,000 tons of electrolytes and supporting materials was reviewed and approved. It was agreed that its subsidiary, Chizhou Tianci High-Tech Materials Co., Ltd., or its subsidiaries, would use self-raised funds to invest in the project. The total investment for the project does not exceed 5 billion yuan, of which the construction investment is no more than 3.5 billion yuan. The project construction period is 24 months, and the construction site is located on Xianghe Avenue in Dongzhi Economic Development Zone, Anhui. The main product capacities of the project include 500,000 tons per year of electrolytes (of which 400,000 tons are lithium-ion battery electrolytes and 100,000 tons are sodium-ion battery electrolytes), 300,000 tons per year of liquid lithium hexafluorophosphate, 100,000 tons per year of liquid sodium hexafluorophosphate, 70,000 tons per year of lithium bis(fluorosulfonyl)imide (on a solid basis), 30,000 tons per year of sodium bis(fluorosulfonyl)imide (on a solid basis), and 432,000 tons per year of other upstream supporting materials. This matter does not require review by the company's shareholders' meeting.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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