After completing a 100 million yuan financing, Yantian Lithium Company, Lan Shen New Material Technology Co., Ltd. from Xi'an has signed a long-term exclusive agreement with KTS of KOCH Group in the United States for lithium selective adsorbent, successfully pushing its independently developed DLE direct lithium extraction technology to the North American and European markets. KTS is the technology licensing business of KES, providing various technologies such as direct lithium extraction, and cooperating with other KES companies to provide customers with comprehensive solutions. KTS will exclusively distribute and use Lan Shen's lithium selective adsorbent (LSS) in the North American and European markets as part of its Li-Pro™ direct lithium extraction (DLE) process. In July of this year, Lan Shen Technology successfully completed a new round of 100 million yuan financing, invested by China Capital. This is another time that the company has been favored by well-known investment institutions after introducing industrial investors such as Wukuan Capital at the end of 2022.