[Fujian Evergreen New Energy Phase II Project is Put into Operation] According to SMM news on January 2, 2024, the Fujian Evergreen New Energy Phase II project recently held a completion and commissioning ceremony. Fujian Evergreen New Energy Technology Co., Ltd. is located in the industrial park of Jiaoyang Town, Shanghang County, Longyan City, Fujian Province, and was established with investment from Geely Technology Group, BASF Shanshan, and Zijin Mining Group. The production of the Phase II project of Evergreen New Energy can achieve comprehensive utilization of 40,000 tons/year of waste lithium batteries and an annual production capacity of 30,000 tons/year of power-type ternary precursor. After the Phase II project is put into operation, the annual processing capacity of waste lithium batteries and the annual production capacity of ternary precursor will both reach 50,000 tons at Evergreen New Energy.