XTC New Energy Materials (Xiamen): Subsidiary Plans to Invest 734 Million Yuan in Annual 40,000 mt LFP Project

Published: Apr 24, 2026 17:13

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XTC New Energy Materials (Xiamen) announced that its controlling subsidiary Ya'an XTC New Energy planned to invest in a new annual 40,000 mt lithium iron (manganese) phosphate production line project, building on its existing annual 40,000 mt LFP capacity. The total investment was estimated at 734 million yuan, with a construction period of 25 months. To ensure smooth implementation of the project and support the sustainable development of Ya'an XTC New Energy, Ya'an XTC New Energy planned to increase its registered capital by 700 million yuan, of which the company would subscribe 697 million yuan in cash and Cangya Investment would subscribe 3 million yuan in cash.

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