Xiangtan Electric and Chemical Investment to set up a joint venture company to build an automatic production line with an annual output of 30,000 tons of lithium manganate

According to reports, Xiangtan Electrochemical Technology Co., Ltd. plans to contribute 110.2 million yuan in currency to Xinxiang Zhongtian New Energy Technology Co., Ltd., Jingxi Lisheng Enterprise Management Partnership (limited partnership) (provisional name, subject to the approval of the market supervision and management department), Jingxi Lipeng Enterprise Management Partnership (limited partnership) (provisional name, Subject to the approval of the market supervision and administration department) jointly invest in the establishment of Jingxi Lijin New Materials Co., Ltd. (tentatively named, subject to the approval of the market supervision and administration department, hereinafter referred to as the "joint venture company").

The registered capital of the joint venture company is 150 million yuan, and Xiangtan Dianhua contributed 110.2 million yuan in currency, accounting for 73.47% of the registered capital of the joint venture company. Zhongtian Xinneng contributed 26 million yuan, accounting for 17.33% of the registered capital of the joint venture company, of which 5 million yuan was contributed in currency. 21 million yuan with assessed "spinel lithium manganate" proprietary technology; Jingxi Lisheng contributed 8.1 million yuan in currency, accounting for 5.40% of the registered capital of the joint venture company, while Jingxi Lipeng contributed 5.7 million yuan in currency, accounting for 3.80% of the registered capital of the joint venture company.

After the establishment of the joint venture company, it is proposed to build a new automatic production line with an annual output of 30,000 tons of lithium manganate, and the project is planned to be carried out in phases, with a capacity of 20,000 tons per year in the first phase, and the annual production capacity will be increased by 10,000 tons in the future depending on the market situation of lithium manganate. the project is currently in the preparatory stage.