Exploration Work Underway at East Taijinai'er Salt Lake in Qinghai: Xinwanda Reports

Xinwanda: Exploration work at the East Taijinai'er Salt Lake in Qinghai is currently underway.

On April 5, the Financial Association reported that Xinwanda stated on an interactive platform that the company currently holds exploration rights at the East Taijinai'er Salt Lake in Qinghai, and related exploration work is in progress, with no output at present. The company's lithium salt procurement is mainly carried out through long-term supply agreements with suppliers or on a spot-buying basis, while also referencing third-party quotations and executing pricing mechanisms based on agreements between both parties.