[Lithium Battery: BYD Takes Stake In HSC Lithium's Subsidiary]

Published: May 8, 2026 14:56

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On May 6, Hubei Huasheng Xianghe New Energy Materials Co., Ltd. underwent industrial and commercial changes, with BYD becoming a new shareholder, holding a 15% stake. At the same time, the company's registered capital increased from 600 million yuan to approximately 710 million yuan. Huasheng Xianghe is an important production base established by HSC Lithium in Central China, focusing on the research, development, and production of lithium battery electrolyte additives. Its core project is a 60,000-ton VC project (Phase I: 30,000 tons) with a total investment of approximately 950 million yuan. The project covers an area of approximately 230 mu and is currently progressing steadily.

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