Yahua Group: Ya'an Lithium Industry passed the first compliance certification of IATF16949 system.

In March 2021, Yahua Group Ya'an Lithium Industry successfully passed the first compliance certification of IATF 16949RV 2016 Automotive quality Management system, and obtained the certificate on March 15th, 2021. According to reports, this marks that the products of Ya'an Lithium Industry have obtained a green pass to enter the automobile market.

It is reported that the business scope of Ya'an lithium industry includes the production and sales of lithium hydroxide monohydrate, lithium carbonate and Yuanming powder, other lithium salt products (excluding dangerous chemicals) and the import and export business of selling goods and technologies. After the company's products are granted a green pass to enter the automobile market, Ya'an lithium industry is expected to inject a dose of fresh blood into the lithium carbonate and lithium hydroxide market, or to carry out follow-up cooperation with well-known new energy companies in the market in the future.

It is worth mentioning that as early as the end of 2020, Yaan Lithium Industry signed a battery-grade lithium hydroxide supply contract with Tesla, a leading electric vehicle company, from 2021 to 2025. Tesla purchased battery-grade lithium hydroxide products with a total value of between US $630 million and US $880 million from Ya'an Lithium Industry.