Zhenhua New Material Temporarily Suspends Lithium Battery Cathode Material Project with 6.245 Billion Yuan Investment

Published: Apr 30, 2025 18:23

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["[Total Investment of 6.245 Billion Yuan! Zhenhua New Material's Lithium Battery Cathode Material Project Temporarily Suspended] On the evening of April 25, Zhenhua New Material issued an announcement stating that the company held a board of directors and supervisory board meeting on April 24, 2025, and deliberated and approved the 'Proposal on Re-evaluating and Temporarily Suspending the Implementation of the Investment Project with Raised Funds'. According to the proposal, the company will temporarily suspend the implementation of the cathode material production line construction project (Yilong Phase III)."]

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