[2.15 Lithium Express] Zangge Mining Industry strengthens the layout of upstream lithium resources | SK On plans to increase the annual output of Jiangsu Yancheng Plant by 30GWh.

[Zangge Mining: plans to subscribe for Ultra shares to strengthen upstream lithium resource end layout] Zang GE Mining announced that the company intends to subscribe for 23 million additional shares of Ultra through the company or designated entities, with a total subscription price of C $4.14 million, and hold 19.47% of Ultra shares after the additional offering. The company indirectly holds stakes in Ultra and its Laguna Verde Salt Lake Lithium Project in Argentina. The Laguna Verde Salt Lake Lithium Project is still under exploration and construction.

[Nandu Power: 25000 tons of capacity of the first phase of the lithium recycling project is expected to be released in March] according to Nandu Power sources, 25000 tons of capacity of the first phase of the company's 100000 tons of lithium recycling project will be released one after another from March this year, and the first to come out is lithium salt. The production cycle of recycled waste batteries from batteries to resources is about 20 days. When the price of raw materials is stable, the company expects the gross profit of the products to be about 20% and 30%.

[Longbai Group: the first phase of the lithium-ion battery material industrialization project with an annual output of 200000 tons has been completed and trial production] Longbai Group announced that the production line of the first phase of the lithium-ion battery material industrialization project with an annual output of 200000 tons invested by Longbai New Materials, a wholly-owned subsidiary, has been completed and has now entered the stage of trial production. After the project is officially put into production in the future, it will help the company to form a more complete lithium electricity new material industry system, lay the foundation for the company to develop and produce positive and negative materials for new energy batteries, and will help the company to create new profit growth points.

[Shida Shenghua: plans to build a positive lithium supplement project with an annual production capacity of 20,000 tons] Shida Shenghua announcement, the company's wholly-owned subsidiary Shenghua New Energy Technology (Dongying) Co., Ltd. plans to invest in the construction of 20,000 tons / year positive lithium supplement project. The total investment of the project is expected to be 935 million yuan.

[SK On plans to increase the annual production capacity of Jiangsu Yancheng plant 30GWh] according to industry insiders, South Korean battery maker SK On plans to increase the annual production capacity of China's Jiangsu Yancheng plant and Hungary's Ivansa plant by 30GWH respectively, with a total budget of 6 trillion won (about 31.9 billion yuan). At present, the total production capacity of, SK On in China is 27GWh. after the expansion is completed, the company's production capacity in China has increased by more than 111%.

[Funeng Technology: the scale of capital increase is proposed to be adjusted from no more than 5.2 billion yuan to no more than 4.52 billion yuan] Funeng Technology announcement, in accordance with the relevant regulations and the authorization of the company's second interim shareholders' meeting in 2021, the company's board of directors adjusts the total amount and purpose of the stock issuance plan to specific targets. After adjustment: the total amount of funds raised in this issue is expected to be no more than 4.52 billion yuan (including). After deducting the issuance expenses, 3.92 billion yuan will be used for high-performance power lithium battery projects and 600 million yuan for science and technology reserve funds.

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