China Nuclear Titanium dioxide signed Innovation Base Cooperation Agreement layout of cathode material Lithium Iron Phosphate production Line

On August 4th, China Nuclear Titanium dioxide (002145) announced that recently, the company signed the "Cooperation Agreement on Collaborative Innovation Base" and obtained the approval of Gansu Academician expert Workstation Construction leading Group on the establishment of Collaborative Innovation Base. At the same time, in order to further improve the company's technological innovation capability and R & D level, speed up transformation and upgrading, and enhance the enterprise's core competitiveness, the company plans to invite top experts, academicians and their teams to settle in and carry out research work around the company's industrial layout.

According to the announcement, the cooperation between the two sides mainly includes:

1. Take the new energy battery technology as the core, realize the development and transformation of cutting-edge scientific research achievements, and strengthen the popularization and application of technology at the same time.

2. Take the cathode material of new energy battery as the research subject to carry out scientific research and the transformation and application of scientific research achievements in the later stage. Assist the company to establish the production line of lithium iron phosphate, a new energy cathode material, transform related materials and technologies into end products, promote them to the market, and realize industrialization.

China Nuclear Titanium dioxide said that the establishment of a collaborative innovation base provides strong technical support for the company's development in the field of cathode materials for new energy batteries. The company will continue to strengthen the cooperative relationship with the technical team, strengthen collaborative innovation, give full play to and make full use of the platform role of collaborative innovation base and the advantages of human resources, and strive to train high-end technical talents. strengthen the transformation of new energy battery industry chain related research results and technological achievements.

It is reported that medium nuclear titanium dioxide is mainly engaged in the research, development, production and sales of rutile titanium dioxide. In order to build a sustainable and high-quality development model, the company is building a unique "sulfur-phosphorus-iron-titanium-lithium" coupled circular economy industrial chain around the concept of "vertical promotion and horizontal circulation". Expand the main business product structure from a single titanium dioxide to cover titanium dioxide, water-soluble monoammonium phosphate (water-soluble fertilizer), as well as iron phosphate, lithium iron phosphate and other new energy battery cathode materials related products.

On the same day, China Nuclear Titanium dioxide also announced that in order to meet the needs of the company's strategic development, continuously enhance the company's core competitiveness and cultivate new profit growth points, the company has recently formally established the New Materials Research Institute of China Nuclear Huayuan Titanium dioxide Co., Ltd. (hereinafter referred to as "New Materials Research Institute").

It is reported that the New Materials Research Institute will focus on the company's industrial layout and carry out cutting-edge and applied research in the fields of key materials for lithium-ion batteries, new titanium matrix composites, key materials for photovoltaic power generation, and energy storage technology. promote the company's technological progress and industrial development.

What is noteworthy is that on July 9, China Nuclear Titanium dioxide announced that on May 27, 2021, the company signed a "shareholders Agreement on the Establishment of a Joint Venture Company" with time Yongfu, a controlling subsidiary of Ningde Times New Energy Technology Co., Ltd., in Ningde, Fujian Province. The two sides jointly contributed to the establishment of the China Nuclear era, with a registered capital of 100 million yuan, and each side contributed half of it. To promote the investment, construction and operation of comprehensive intelligent new energy projects such as photovoltaic, wind power, energy storage and so on. At present, it has completed the formalities of industrial and commercial registration and obtained the "Business license".

China Nuclear Titanium dioxide said that after the completion of industrial and commercial registration in the China Nuclear era, it will rely on the "sulfur-phosphorus-iron-titanium-lithium" green circular economy of Gansu Dongfang Titanium Industry Co., Ltd., a wholly owned subsidiary of the company. we will carry out the development project of the integration of charge and storage in the source network and the complementary development of multi-energy, and speed up the construction of a new energy structure with new energy as the main body.