Longbai Group: the first phase of the lithium-ion battery material industrialization project with an annual output of 200000 tons has been put into production.

On March 17, Longbai Group Co., Ltd. announced that the first phase of the lithium-ion battery material industrialization project with an annual output of 200000 tons (with an annual production capacity of 50, 000 tons) has passed many stage-by-stage equipment commissioning and commissioning with materials in the trial production phase. the product quality inspection is qualified and has obtained the qualification approval of some downstream customers, and now it has the conditions to be put into production.

After the project is officially put into production, it will help the company to form a more complete lithium electricity new material industry system, lay the foundation for the company to realize the research and development and production of positive and negative materials for new energy batteries, and will help the company to create new profit growth points. enrich the company's product range, further improve the company's anti-risk ability and comprehensive competitiveness, will have a positive impact on the future development of the company. However, in view of the fact that it will take some time for the project to be put into operation to fully release its capacity, there is some uncertainty. Investors are asked to make decisions carefully and pay attention to investment risks.