Shi Dasheng terminated the construction of lithium-ion battery material project in Poland due to the epidemic. * persistent shortage of chips has stopped production of a total of 2.99 million cars worldwide.

[academicians suggest Beijing gradually ban the sale of fuel cars] June 5 is World Environment Day, on which the "Carbonate carbon neutralization Beijing Action High-end Forum" was held in Beijing. At the forum, Ouyang Minggao, academician of the Chinese Academy of Sciences and professor of the School of vehicles and Transportation of Tsinghua University, suggested that Beijing study and introduce a policy to ban the sale of fuel vehicles and gradually change all vehicle targets to new energy vehicle targets to promote carbon emission reduction.

[Shengxin Lithium Energy: Shengwei Lithium Industry plans to purchase Metal Lithium production equipment from Keai Technology] June 4 news, Shengxin Lithium Energy announcement, the company's holding subsidiary Sichuan Shengwei Zhiyuan Lithium Industry Co., Ltd. (hereinafter referred to as "Shengwei Lithium Industry") intends to purchase metal lithium production equipment from Sichuan Keai Technology Co., Ltd. (hereinafter referred to as "Keai Technology"), the purchase amount is 8.9274 million yuan. Shengwei Lithium Industry, a subsidiary of the company, plans to build an annual production capacity of 1000 tons of lithium metal, of which the first group of 150t capacity of the first phase of the 600t / a metal lithium project was completed in September 2020, and is currently actively building surplus capacity. This related party transaction is to meet the actual needs of Shengwei lithium industry capacity construction, is a normal business, in line with the company's actual business and development needs.

[Shi Da Shenghua: terminating the Construction of Lithium Ion Battery material Project in Poland] Shi Da Shenghua announcement that due to the influence of the global COVID-19 epidemic, the local examination and approval and other work of the project cannot be substantially pushed forward. in view of the fact that the current cooperation agreement between the company and the joint venture party has expired and the advantages of the original project site no longer exist, coupled with the impact of the future epidemic and uncertain factors in market development, The company decided to terminate the construction of lithium-ion battery materials in Poland.

[persistent shortage of chips 2.99 million cars worldwide have been discontinued] according to the latest data from AutoForecast Solutions, due to the continuing impact of the shortage of chips, the cumulative number of cars stopped production worldwide has reached 2.99 million. At the same time, AutoForecast Solutions also predicts that chip problems will continue to ferment, which could eventually lead to the suspension of 4.09 million cars worldwide.

Under the background of repeated outbreaks in some overseas areas, the domestic economic situation continues to improve, exports are strong, and consumer demand for cars continues to maintain steady growth. The China Automobile Circulation Association estimates that sales in the domestic automobile market in May this year were 1.725 million, up 8.8% from the same period last year and 5.0% from the previous month. At the same time, due to the weakening impact of the epidemic in the same period last year, retail sales gradually recovered and the base rebounded. Car sales growth is expected to slow in May this year, entering a seasonal downward adjustment phase in June and July.

Greenbeauty: the subordinate company plans to invest in the circular economy industry project of ternary precursor, cobalt tetroxide and supporting nickel-cobalt-manganese-lithium raw material system] on June 6, Greenbeauty (Jiangsu), a wholly-owned subsidiary of the company, signed an investment agreement with Taixing Economic Development District Management Committee on the circular economy industrial project investment agreement of ternary precursor, cobalt tetroxide and supporting nickel-cobalt-manganese-lithium raw material system, with an investment of 1.8 billion yuan. Dominated by scrapped battery raw materials and adopting the circular economy model, it has formed a multi-component precursor with an annual output of 30, 000 tons of lithium battery, 10, 000 tons of high-performance cobalt tetroxide, 25000 tons of high-purity Ni-Co-mn raw materials and 3000 tons of lithium phosphate raw materials, and a byproduct of 50, 000 tons of anhydrous sodium sulfate. it is expected to complete the construction of 30, 000 tons of multi-component precursors for lithium batteries before June 2022, and all projects will be completed in December 2023. After the completion of this project, the Taixing Park of the company will have an annual output of 30,000 tons of ternary precursors, 20,000 tons of cobalt tetroxide, 5000 tons of lithium cobalt oxide, 2000 tons of cobalt sheets, 25000 tons of high-purity nickel, cobalt and manganese raw materials, and 3000 tons of lithium phosphate raw materials. the annual output value of the park will reach more than 10 billion. At the same time, the subsidiary company and Wuxi Airport Economic Development Zone signed Wuxi power battery low-carbon cycle project capital cooperation. In order to repay the pledged loans and reduce the pledge rate, the controlling shareholders and concerted actors and some senior executives plan to reduce their holdings of no more than 1.5% of the total shares in the company by means of centralized bidding or bulk trading.