[Pin Lithium: Yongtai Technology nhận được đơn hàng vật liệu điện phân 90.000 tấn trong 3 năm từ CATL]

[SMM Battery Brief] XTC New Energy to Invest US$64.58 Million in 10,000-tpa Cathode Material Project in Malaysia XTC New Energy announced plans to establish a wholly owned subsidiary in Hong Kong, which will jointly establish a controlled subsidiary to invest in a lithium-ion battery cathode material project in Malaysia. The project will have an annual production capacity of 10,000 tonnes and a total investment of approximately US$64.58 million, supporting the company's overseas manufacturing footprint and global supply capabilities.

XTC New Energy Materials (688778.SH) announced that it plans to establish a wholly owned subsidiary in Hong Kong, XTC New Energy Materials (Hong Kong), and through it to form a joint-venture holding subsidiary in Malaysia with EMI, investing approximately $64.58 million (equivalent to about RMB450 million) to build a lithium-ion cathode material project with an annual capacity of 10,000 mt. The project will be funded by self-owned and self-raised funds, with the construction period scheduled from September 2026 to June 2027. This investment is aimed at improving the company’s production capacity layout outside China and meeting demand in markets outside China, and does not constitute a connected transaction or a major asset restructuring.