[SMM New Energy] Shunbo Alloy Anhui Phase II Focuses on Battery Foil to Meet ESS and EV Demand

Gotion High-Tech informed investors that it has established three lithium mining operations in Yichun, Jiangxi, achieving full vertical integration from ore mining and refining to battery-grade lithium carbonate production. This strategic layout is designed to guarantee a stable long-term supply of raw materials and optimize procurement costs. On the sales front, the company negotiates product pricing directly with downstream customers to mitigate the impact of market fluctuations.

Shanshan Shares released an update on March 3 regarding its controlling shareholder's restructuring. The administrator submitted the draft restructuring plan for Shanshan Group and Ningbo Pengze Trading on February 28, following the fourth creditors' meeting held on March 2. The voting period is set to conclude on April 15, 2026. According to the signed investment agreement, if the plan is approved and executed, the actual controller of Shanshan Shares is expected to change to the Anhui Provincial State-owned Assets Supervision and Administration Commission (SASAC). This marks a potential state-led takeover for the leading lithium-ion battery material supplier after entering court-mandated restructuring in early 2025.

Zhangye City in Gansu Province has officially launched an investment promotion for the Zhangye Economic Development Zone ESS Battery Separator Project. With a total estimated investment of 3 billion yuan, the project plans to construct 2–6 ultra-wide high-speed separator production lines and 7–21 coating lines. Located in the Circular Economy Demonstration Park, the facility is expected to reach an annual output value of 3.5 billion yuan upon completion. The Zhangye Municipal Development and Reform Commission is leading the recruitment of industrial partners for this initiative.