Chuanfa dragon python plans to invest 12 billion yuan to build Deyang Chuanfa dragon python lithium power new energy material project.

Chuanfa Dragon Python (002312.SZ) announced that the company plans to invest 12 billion yuan in Deyang-Aba Ecological Economic Industrial Park (hereinafter referred to as "Dea Industrial Park") to build Deyang Chuanfa Dragon Python Lithium Power New Energy material Project.

To build projects with an annual output of 200000 tons of lithium iron phosphate and 200000 tons of iron phosphate and supporting products. The construction cycle of this project is planned from March 2022 to December 2026 (if the construction period is delayed due to land problems). The project will be implemented by stages: the first phase of the project is tentatively scheduled to be completed and put into production in December 2024, and the second phase of the project is tentatively scheduled to be completed and put into production in December 2026.

The planned land of 800 mu (based on the measured area of Mianzhu Natural Resources and Planning Bureau, which can not meet the construction needs of the project, a supplementary agreement has been signed to increase the land area), the site is located in Dea Industrial Park, of which three types of industrial land is not less than 400 mu, other industrial land and office and logistics living facilities are 300 mu, and supporting talent apartment land is 100 mu (obtained in accordance with the law).