[Ningde era: plans to invest 13.5 billion yuan to build a new lithium battery production base project] Ningde Times announcement, the company plans to invest in the construction of Ningde era new lithium battery production and manufacturing base (Yichun) project in Yichun City, Jiangxi Province. the total investment of the project does not exceed 13.5 billion yuan. The construction period of the project is expected to be no more than 30 months from the start of construction, and the planned land area of the project is about 1300 mu. It was announced on the same day that the company plans to jointly invest with Shanghai Shida, Suzhou Xinyue and Jiang Yong to set up "Suzhou Times Xin'an Energy Technology Co., Ltd. (chip)" (referred to as the "joint venture company") in Suzhou City, Jiangsu Province, focusing on the drive and control system of electric vehicles. The registered capital of the joint venture company is 2.5 billion yuan, of which the company contributes 1.35 billion yuan and holds 54% of the equity of the joint venture company.
[long-term Lithium Science: plans to invest 3.339 billion yuan in the second phase project of expanding production of automotive lithium battery cathode materials] long-term Lithium Science announcement, Hunan long-term Lithium New Energy Co., Ltd., a wholly-owned subsidiary of the company, plans to invest in the second phase of automotive lithium battery cathode material expansion project. build a production line of 40, 000 tons / year cathode materials, with a total investment of about 3.339 billion yuan. The project is scheduled to start construction at the end of January 2022 and put into production in October 2023 with a construction period of 20 months.
[Jiangte Motor: the company plans to cooperate with Guoxuan Hi-Tech in the field of battery-grade lithium carbonate] Jiangte Motor announced that on September 12, the company signed a strategic cooperation framework agreement with Guoxuan Hi-Tech to cooperate in the field of battery-grade lithium carbonate. in addition, we can also explore competitive projects in their respective new energy industry chains, such as energy storage, new energy motors and so on. In addition, the company says its share price has risen sharply so far this year. Although the company is rich in lithium ore resources, there is uncertainty for the company to achieve its lithium carbonate production target this year due to factors such as limited mining capacity, long working cycle of "exploration and conversion mining" in mines with large reserves, and tight procurement of raw materials in the market.
[Zhejiang Fu Holdings: refined nickel sulfate production line has been put into production of cobalt sulfate production line is still under construction] Zhejiang Fu Holdings said on the interactive platform that the production lines of lithium battery materials for power vehicles approved by the company include 15000 tons / year of refined nickel sulfate, 15000 tons / year of refined cobalt sulfate and 790 tons / year of lithium carbonate. Up to now, the refined nickel sulfate production line has been put into production, and the cobalt sulfate production line is still under construction.
[Fulin Seiko plans to acquire 9 per cent equity layout upstream lithium resources of Hengxin Rong] on Sept. 13, Fulin Seiko announced that the company intends to sign an "equity transfer agreement" with Chen Wei, a natural person shareholder of Qinghai Hengxin Rong Lithium Technology Co., Ltd., for 333 million yuan to acquire 9% of Hengxin Rong's shares. The announcement shows that Qinghai Hengxin Rong Lithium Industry Technology Co., Ltd. is mainly engaged in the extraction, production and application of salt lake brine mineral resources, and the company has relatively complete and advanced refining production technology and equipment. "View details
[Ministry of Industry and Information Technology: comprehensively enhance the supply capacity of Automotive chips] Southern Finance and Economics on September 13, the New State Council Office held a press conference on "promoting the construction of a manufacturing power, a network power, and helping to build a moderately prosperous society in an all-round way." at the meeting, Tian Yulong, a spokesman for the Ministry of Industry and Information Technology, said today that generally speaking, the problem of tight chip supply chain will still exist for some time, and the current problem is still relatively serious. In the next step, we will strengthen coordination and accurate docking of the supply chain, so that the supply capacity of automotive chips can be improved in an all-round way, so that the automotive industry can develop steadily and healthily.

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