Anhui Tiantie Lithium Battery Plant Operational, Faces Cost Increase and Ongoing Equity Acquisition Process

Published: Feb 5, 2026 09:16

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Anhui Tiantie Lithium Battery New Energy Co., Ltd. has been fully completed the production line nd put into operation, resulting in a significant increase in fixed costs such as depreciation of newly added fixed assets and labour. However, its capacity is still being gradually released, which has had a certain adverse impact on the company's overall performance. Regarding the matter of acquiring a 30% equity stake in Xinjie Energy Technology (Zhejiang) Co., Ltd., the process is currently underway.

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