Beijing Leier and Controlling Shareholders to Increase Capital for Lioncreat Lithium Energy

Beijing Leier: Company and Controlling Shareholders Plan to Increase Capital for Lioncreat Lithium Energy"

Beijing Leier announced that the company and its controlling shareholders, including the chairman Zhao Jizeng, plan to subscribe for a total of 150 million yuan and 75 million yuan respectively to increase the registered capital of Luoyang Lioncreat Lithium Energy Technology Co., Ltd. ("Lioncreat Lithium Energy"). After the capital increase, the company and Zhao Jizeng will hold 10% and 5% equity in Lioncreat Lithium Energy, respectively. Lioncreat Lithium Energy is a leading domestic enterprise in research, development, design, and manufacturing of silicon negative electrode. It is one of the few domestic companies capable of producing integrated pre-lithium silicon oxygen negative electrodes that balance high initial efficiency, high capacity, low alkalinity, gas production resistance, and low silicon crystallization. It is also one of the few domestic high-tech enterprises capable of integrated manufacturing from resin synthesis to new silicon-carbon integration.