Jixiang Co., Ltd. Proposes to Rename Securities Abbreviation to 'Yongshan Lithium' Amid Lithium Salt Business Expansion

Published: Jul 9, 2024 09:02
[Jixiang Co., Ltd.: Proposed to Change the Abbreviated Name of the Company's Securities to "Yongshan Lithium"] To reflect the company's development prospects, adapt to business needs, and further strengthen the company's image and brand value, the company plans to change the abbreviated name of its securities from "Jixiang Co., Ltd." to "Yongshan Lithium". It is reported that the first phase of the lithium salt project of Hunan Yongshan Lithium Co., Ltd. has been put into production in 2022, and the second phase project started construction in April 2023, with an expected production capacity in the second half of 2024. After the second phase project reaches full production, the company will have an annual production capacity of 45,000 tons of lithium salt products. Given the continuous development and brand popularity of the company's lithium salt business, the board of directors believes that the time is ripe to change the abbreviated name of the company's securities.

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