Total Investment of 1 Billion! Hubei Yichang Announces New Material Project with Annual Output of 10,000 mt Silicon Carbon Anode

On June 9, the Yichang Ecological Environment Bureau in Hubei Province issued the first public announcement on the environmental impact assessment for the project of Yichang Lianchuang Heyang Technology Industry Co., Ltd. to produce 10,000 mt of new silicon carbon anode materials annually.

It is reported that the project is located on the west side of the intersection of Tianjiahe Avenue and Zhangjiadian Road in Zone B of Yaojiagang Chemical Industrial Park, Yichang City. The project will involve the construction of new workshops, office buildings, and supporting facilities, as well as the procurement of various equipment. Upon full completion and reaching full production, the project will achieve an annual output of 10,000 mt of new silicon carbon anode materials.

It is understood that Yichang Lianchuang Heyang Technology Industry Co., Ltd. is a wholly-owned subsidiary of Luoyang Lianchuang Lithium Energy Technology Co., Ltd. On January 16 this year, Yichang High-tech Zone signed a cooperation agreement with Luoyang Lianchuang Lithium Energy Technology Co., Ltd., with a total investment of 1 billion yuan for the project to produce 10,000 mt of new silicon carbon anode materials for new energy batteries annually, which will be located in the High-tech Zone. Phase I of the project covers an area of approximately 50 mu and will involve the construction of 2,000 mt of silicon carbon anode materials and related supporting facilities. Upon full completion and reaching full production, it is expected to achieve an annual sales revenue of 3 billion yuan and an annual tax payment of approximately 100 million yuan.

According to the information, Luoyang Lianchuang Lithium Energy Technology Co., Ltd., founded in 2016, is a manufacturer and service provider of high specific energy lithium battery anode materials. The company has applied for over 30 national patents, obtained more than 10 authorized patents, and possesses multiple proprietary technologies and capabilities in equipment development and engineering in the field of silicon anodes. It is one of the few enterprises domestically and overseas capable of mass-producing and supplying deposition-based silicon carbon anodes and pre-lithiated silicon oxide anode materials to customers.