Yuntianhua: sign the cooperation agreement of the whole industry chain project of new energy battery with Enjie shares, Yiwei LiNeng, etc.

600096.SH announced that on February 16,2022, Yunnan Yuntianhua Co., Ltd. and Yunnan Yuxi City people's Government, Yunnan Enjie New Materials Co., Ltd. (referred to as "Enjie Co., Ltd."), Huizhou Yiwei Lithium Energy Co., Ltd. (referred to as "Yiwei Lithium Energy"), Zhejiang Huayou holding Group Co., Ltd. (referred to as "Huayou Holdings") signed the New Energy Battery whole Industry chain Project Cooperation Agreement in Kunming, Yunnan Province. It is agreed that all parties shall jointly set up two joint ventures in Yuxi City, and after obtaining prospecting and mining rights in accordance with the rules and regulations through the joint venture company, jointly exploit mineral resources and carry out deep processing of minerals, jointly develop, produce and sell new energy batteries and upstream and downstream materials of new energy batteries, promote the construction of new energy battery industry chain, and jointly promote the formation of new energy battery industry chain clusters in Yuxi city.

The agreement is a preliminary cooperation framework agreement reached by the parties. The registered capital, business scope and capital contribution schedule of the joint venture company in the mineral resources cooperative development project shall be separately agreed by the parties according to the needs of the project at that time. The specific contents and investment amount of the supporting projects planned to be invested by the parties need to be further implemented and clarified, and the rights and obligations of both parties shall be subject to the agreement on the investment of the specific project. specific matters need to be examined by the company's board of directors / shareholders' meeting before formal implementation.