Yongxing New Energy held the launching ceremony of "Battery-grade Lithium Carbonate Project with an annual capacity of 20,000 tons".

On March 4, the opening (completion) ceremony of major projects in the first quarter of 2021 in Yifeng County, Jiangxi Province was held at the construction site of the second phase of Jiangxi Yongxing Special Steel New Energy Technology Co., Ltd., a wholly owned subsidiary of our company. Qi Haiyun, vice mayor of Yichun City and secretary of the Yifeng county party committee, Xie Jie, deputy secretary of the county party committee, and Yu Jun, deputy secretary of the county party committee, attended the ceremony.

The ceremony was presided over by Yu Jun, deputy secretary of the Yifeng county party committee. Qi Haiyun, vice mayor of Yichun city and secretary of the Yifeng county party committee, issued a start order, and Xie Jie, deputy secretary of the county party committee and county magistrate, made Subsequently, Yang Guohua, executive deputy general manager of Yongxing New Energy, said at the ceremony that the company will take this event as an opportunity to speed up and improve the quality of Yongxing New Energy's annual production of 20,000 tons of battery-grade lithium carbonate and supporting projects. early completion, early production, early results, to make due contributions to the development and growth of Yifeng industry and high-quality economic and social development by leaps and bounds.

In order to implement the company's double main industry development strategy of "new materials + new energy" and seize the opportunity of the rapid development of the lithium power new energy industry, the company has successfully put into production and reached production on the basis of the "annual production of 10, 000 tons of battery-grade lithium carbonate project". Continue to invest 1.125 billion yuan to build the second phase of the "annual production of 20, 000 tons of battery lithium carbonate project and supporting mining, mineral processing, comprehensive utilization project". The opening ceremony marks the company's lithium new energy business has reached a new level, the company's main business "two-wheel drive" speed will continue to accelerate.

After the completion of the second phase of the battery-grade lithium carbonate project with an annual output of 20,000 tons and supporting mining, mineral processing and comprehensive utilization projects, the company will have an annual production capacity of 30,000 tons of battery-grade lithium carbonate and the supply capacity of supporting raw materials, which will play a vital role in further consolidating the company's leading position in the mica lithium extraction industry, and will be more conducive to increasing the company's efficiency and enhancing its core competitiveness. Lay a solid foundation for the company's high-quality development.

Also attending the ceremony were leaders of four sets of teams in Yifeng County, such as Liu Yili and Shu Bin.