2.5 billion yuan! Hunan Zhongke Shinzoom Co., Ltd. Announces Integrated Project for Annual Production of 100,000 mt of Anode Material in Qujing, Yunnan

Recently, the Management Committee of Yunnan Qujing Economic and Technological Development Zone issued a pre-approval announcement for the construction project design plan of the Integrated Production and Construction Project for 100,000 mt of Lithium Battery Anode Materials per Year by Yunnan Zhongke Shinzoom Graphite Co., Ltd.

According to the information, the project is located to the west of Sanyuan Road and to the north of Huanbei Road in the state-level Qujing Economic and Technological Development Zone, with a total land area of 370,269.51㎡. The project site mainly plans for 20 standalone buildings, including 8 factory buildings, 1 warehouse, 1 comprehensive building, 1 logistics service center, 1 dormitory building for shift workers, 3 gatehouses, 1 hazardous and solid waste warehouse (including a garbage station), 1 maintenance workshop, 1 GIS building, 1 power distribution room and comprehensive building, and 1 garbage station.

It is understood that on October 28, 2021, EVE (300014) and China Rui Neng (300035) held a signing ceremony for the "Integrated Project for 100,000 mt of Anode Materials per Year" in Qujing Economic and Technological Development Zone, marking the official launch of the project. The project plans for a total investment of 2.5 billion yuan, with an annual anode material production capacity of 100,000 mt. The production capacity of Phase I and Phase II is each 50,000 mt/year.

In addition, to seize market opportunities during the construction of overseas lithium battery industry chains, in June this year, China Rui Neng held a signing ceremony for the 200,000 mt Integrated Lithium-ion Battery Anode Material Base Project in Oman at the Oman Investment Authority. This signing marks the start of China Rui Neng's investment in building the world's largest overseas anode material production base.

It is reported that China Rui Neng, through its wholly-owned subsidiary Zhongke Shinzoom Hong Kong, established a project company in Oman to invest in and construct the 200,000 mt Integrated Lithium-ion Battery Anode Material Base Project per Year. The project plans for a total investment of no more than 8 billion yuan (subject to the actual investment amount), divided into two parts, each with a planned production capacity of 100,000 mt/year. The construction period for each part is expected to be 36 months.