Some investors asked on the investor interactive platform: Hello, Dong Mi, when will the project with an annual output of 5000 tons of cobalt intermediate (metal) be put into production? Annual treatment of 14000 tons of waste lithium-ion batteries and cathode materials to produce 10, 000 tons of ternary precursor project will be put into production?
The project of "annual production of 5000 tons of cobalt intermediate (metal) and 10000 tons of copper cathode" is under construction, Dow Technology said on the investor interactive platform on October 26. The project of annual treatment of 14000 tons of waste lithium-ion batteries and cathode materials to produce 10, 000 tons of ternary precursors has been put into production.
Q: what are the competitive advantages of the company's ternary precursor business?
A: the company's competitive advantage in ternary precursors is mainly reflected in the following three aspects: (1) technological advantage. Subsidiary Jiana Energy is one of the earliest enterprises to realize large-scale production of ternary precursors in China. It has mastered the production technologies such as comprehensive treatment technology of complex cobalt materials, synthesis design and structure control technology of ternary precursors, doping and coating technology of high specific capacity precursors, and successively developed intermittent production, semi-continuous and continuous production processes of ternary precursors, with a wide range of products and rich technical experience. (2) the advantage of complete cobalt industry chain. Jiana Energy has established a complete cobalt product industry chain, including raw material procurement, hydrometallurgy, production and sales of cobalt salts and ternary precursors. (3) customer advantage. Carna Energy's customers cover well-known enterprises at home and abroad, and long-term cooperation has led to the establishment of a strategic cooperative relationship of mutual trust between Carna Energy and its customers. Thank you for your attention!

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