Recently, Chen Daicai, Secretary of the Party Working Committee of Dalong Development Zone, Guizhou Province, led a team to Qingdao, Shandong Province for investment promotion and inspection, and signed a project investment agreement with Qingdao Hongxing Chemical Group Co., Ltd. It is reported that Dalong Development Zone of Guizhou Province has signed a strategic cooperation framework agreement with Guizhou Hongxing Development Dalong Manganese Industry Co., Ltd. for the construction project of 50,000 tons/year special high-purity manganese sulfate for power batteries, and with Guizhou Hongxing Electronic Materials Co., Ltd. for the recycling and utilization production line of waste lithium batteries.

The signing of this project will further increase the annual production capacity of high-purity manganese sulfate of Hongxing Development, significantly increase the industry share, and enhance the comprehensive competitiveness of the company.