[Lithium Battery: 1,000 Tons/Year Silicon-Carbon Anode Material Construction Project Planned For Yichun, Jiangxi]

On June 24, Cangzhou Mingzhu Plastic Co., Ltd. announced that its lithium-ion battery separator production expansion project has been fully completed. This commissioning involves the remaining production lines of the "annual 200 million square meter wet-process lithium-ion battery separator project" and the "annual 500 million square meter dry-process lithium-ion battery separator project." According to the announcement, the second production line (with an annual design capacity of 100 million square meters) under the wet-process project, which is being handled by the subsidiary Wuhu Mingzhu Separator Technology Co., Ltd., has recently commenced production. Concurrently, the remaining three production lines (with a combined annual design capacity of 300 million square meters) under the dry-process project, being handled by the subsidiary Cangzhou Mingzhu Lithium Battery Separator Co., Ltd., have also been completed and put into operation.

On production schedules, June marks the mid-year point, and manufacturers generally have a need to control inventory levels. Combined with relatively high raw material settlement prices this month, June output is expected to see a slight decline, with some orders likely deferred to July.