Longbai Group: the first phase of the project of artificial graphite anode material for lithium-ion battery with an annual output of 100000 tons has been completed and trial production.

Long Bai Group (002601.SZ) announced that the production line of the first phase (annual output of 25000 tons) of artificial graphite anode materials for lithium-ion batteries invested by its subsidiary China carbon New Materials has been completed and is now in the stage of trial production.

After the project is officially put into production in the future, it will help the company to form a more complete industrial system, which marks the company's formal integration into the new energy material production supply chain, and lays a foundation for the company to realize the coordinated development of R & D and production of positive and negative materials for new energy batteries. It will help to create new profit growth points, enrich the company's product range, and further improve the company's anti-risk ability and competitiveness, which will have a positive impact on the future development of the company.