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Tinci Materials announced that its subsidiary Nantong Tinci has terminated its planned 243,000-tpy lithium battery and fluorochemical materials project. The company said the decision was driven by an oversupply in the electrolyte industry, intensified market competition, and changes in the fluorochemical market, which weakened the project's expected returns. Tinci has begun evaluating new product plans for its Nantong facility.

Tinci Materials announced that it will reallocate approximately RMB406 million of remaining proceeds from a previous fundraising project to support a 250,000 tpy lithium battery electrolyte expansion project. The new project involves a total investment of RMB598 million and is expected to be completed within 18 months, further expanding the company's electrolyte production capacity.