【Phosphorus Chemicals: Wengfu Raises Wet-Process 85% Phosphoric Acid Price by RMB 500 to RMB 12,100/ton】

Recently, Farasis Energy and German energy technology company WLF Energy signed a strategic cooperation agreement. According to the agreement, both parties will jointly develop technology and product roadmaps, and collaborate on the development of next-generation battery technology and energy storage products for the utility, commercial and industrial, and distributed energy storage markets.

On June 21, Hualian Holdings Co., Ltd. disclosed the progress of the Arizaro project transaction. As the transaction is still in the process of fulfilling overseas investment approval procedures, the buyer and seller negotiated and signed an "Extension Agreement," extending the deadline for the share purchase agreement to August 20, 2026. This further extension is due to the impending expiration of the deadline stipulated in the original agreement, while the ODI approval process is still ongoing. According to the extension agreement, if the transaction has not been completed by August 20, the deadline will be automatically extended to October 20, 2026, without the need for both parties to sign additional documents.

On June 18, Shenzhen Dynanonic Co., Ltd. disclosed a plan for a private placement of shares to specific qualified investors in 2026. The company plans to issue shares to no more than 35 qualified investors, raising a total amount not exceeding 2.9 billion yuan. The primary investment project for this private placement is the Integrated Lithium Battery New Materials (Phase I) project, which is the 200,000 tons/year advanced phosphate materials project. The implementing entity for this project is Qujing Zhanyi Dynanonic Technology Co., Ltd., with an estimated construction period of 24 months. The project will add a new annual production capacity of 200,000 tons of next-generation high-compaction advanced phosphate materials.